Sr. Financial Manager

Reporting to the Director of Financial Operations, we are seeking a Sr. Financial Manager who will be responsible for providing daily oversight of the JHFRE Financial Operations unit and support for Facilities Management’s large and complex $125M annual operating budget. The position oversees a team of support staff responsible for processing and reviewing thousands of business transactions annually.

The Sr. Financial Manager oversees the development and monitoring/management of operating, designated and discretionary budgets for all Departments and areas within JHFRE (currently ~86 cost centers across various areas). This role manages, in collaboration with the Director of Financial Operations, the annual fiscal budget submissions to University Administration as well as the various JHU Schools for whom various JHFRE cost allocations are key components to their budgets. It performs comprehensive financial analysis and projections, related to expense or revenue trends, to improve Departmental operational and financial effectiveness. Analyzes complex financial data for decision making purposes and to ensure effective and efficient use of resources.

The Sr. Financial Manager oversees Financial Operations team with responsibility for a substantial number of financial processes and transactions, including campus space rate charges to all Divisions, processing of invoices, high quantity of financial and budget systems entries, review and reconciliation of financial activity, SAP account maintenance, travel reimbursement processes, purchase requisitions, etc. Monitors compliance with JHU policies, regulations and restrictions.

This position is a key liaison with departments both within and outside of JHFRE, the UA Divisional Business Office, JHFRE Directors and other JHFRE Leaders, Vendors, Customers, and Other Clients and JHU Offices. The Sr. Financial Manager is also required to fulfill the duties and authority of the Director of Financial Operations in the Director’s absence.

Specific Duties & Responsibilities

Budgetary

• Plays an active role in the development of all JHFRE fiscal year annual operating budgets which are reviewed with JHFRE Leadership, UA Leadership with some of the budgets then being presented to the various JHU Divisional Business Officers (DBO’s). This includes developing complex models, performing reconciliations, performing different types of analysis, meeting with key stakeholders throughout the process, budget development and related report preparation, submission and presentation.
• Responsible for the development and management/monitoring of operating and discretionary budgets, variance analysis and related projections as well as minor and major capital submissions for certain areas within JHFRE (Plant Operations, etc.)
• Prepares, presents and defends budget proposals to both Departmental and Divisional Leadership.
• Analyzes and assesses financial operations and develops methods to optimize practices and resources. Makes recommendations to Director of Finance regarding improvements to Financial Operations processes and reporting.
• Analyzes and interprets fiscal budget trends, expenditures and revenue patterns for all areas within JHFRE and shares/communicates findings & recommendations with Leadership for decision making purposes.
• Maximizes revenues and keeps expenses down using in depth understanding of the revenue and expense budgets across the Department.
• Analyzes expense data and makes budget adjustment recommendations and cost reduction measures to various Managers and others in JHFRE Leadership in relation to their respective budgets.
• Develops and monitors complex reports, trend analysis and forecasting to help Managers and JHFRE Leadership in developing business plans for new lines of business or existing lines of business that need to be modified, streamlined or recalibrated.
• Ensures that budgetary goals and objectives are met within audit compliance requirements both internal and external to JHU. Provides guidance and answers questions relating to University and Facilities Management policies and procedures both internal and external to department.
• Produces financial analysis and develops financial modeling to support decision making. Develops budget monitoring systems, analyzes budget issues or potential for budget impact, provides alternative solutions and resolves problems.
• Manages transformative initiatives such as accounting system conversions, document management system conversion, and updates to reporting systems that will impact daily JHFRE Departmental operations.
• Assists the Director of Financial Operations, JHFRE Leadership and the UA Business Office with special fiscal projects, financial impact analysis, staffing analysis and other analytical needs.
• Reviews and