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IE
Director Business Finance (E6053)
IEEEPiscataway, United Statesfull_timeVerifiedPosted 11 Nov 2025
💰 $175,000/yr($145,000/yr – $175,000/yr)
About the role
Director Business Finance (E6053) - 250317: MGT-C70
The overall purpose of this position is to provide financial management for various Operating Units (OUs). The individual is responsible for the development of the budgets and forecasts as well as analyzing financial results, highlighting operational variances, identifying and resolving issues. The individual partners directly with leadership staff to ensure proper fiscal control of revenue and expenses. They will interface directly with executive staff and volunteers. Additionally, they are responsible for driving ad-hoc projects and process improvements to support their client operations and financial reporting.
This role reports to the Senior Director Business Finance and manages approximately 3 staff. The incumbent is responsible for the major initiatives as a subject matter expert (SME) across supported OUs. They will work independently and in groups and are required to complete most tasks with minimal supervision. As the primary financial SME for their designated clients, this individual must provide strategic support, financial advice and continually educate staff and volunteers on all aspects of financial management. While doing so, the individual must also partner with key staff to stay apprised of activities related to supplier contracts, invoicing and expense reporting.
This position must conduct periodic reviews of existing processes and recommend, socialize, and implement changes as necessary. They must solve problems, demonstrate strong leadership skills, lead meetings and facilitate effective staff and volunteer interactions. This role will include other duties as assigned. Some travel will be required.
Key Responsibilities
Description
Job SummaryThe overall purpose of this position is to provide financial management for various Operating Units (OUs). The individual is responsible for the development of the budgets and forecasts as well as analyzing financial results, highlighting operational variances, identifying and resolving issues. The individual partners directly with leadership staff to ensure proper fiscal control of revenue and expenses. They will interface directly with executive staff and volunteers. Additionally, they are responsible for driving ad-hoc projects and process improvements to support their client operations and financial reporting.
This role reports to the Senior Director Business Finance and manages approximately 3 staff. The incumbent is responsible for the major initiatives as a subject matter expert (SME) across supported OUs. They will work independently and in groups and are required to complete most tasks with minimal supervision. As the primary financial SME for their designated clients, this individual must provide strategic support, financial advice and continually educate staff and volunteers on all aspects of financial management. While doing so, the individual must also partner with key staff to stay apprised of activities related to supplier contracts, invoicing and expense reporting.
This position must conduct periodic reviews of existing processes and recommend, socialize, and implement changes as necessary. They must solve problems, demonstrate strong leadership skills, lead meetings and facilitate effective staff and volunteer interactions. This role will include other duties as assigned. Some travel will be required.
Key Responsibilities
- Manage finances for business units; This includes budget & forecasting, financial reporting, ad-hoc analysis, and all areas of revenue, expense and capital items and other projects.
- Reconciles and maintains budget and forecast supporting schedules including categorizing and tracking updates by major line of business
- Consolidates and analyzes total financial trends by line of business, strategic vs operational spend and key budget categories.
- Interfaces and partners with OUs, implement, and create budget and forecasts; Provides financial analysis and consultation to management, as needed.
- Acts as the key point of contact with the Controller’s office for general ledger entries and accruals
- Streamline processes and ensures tools used to develop financials are efficient (Excel spreadsheets and Oracle) which involves working closely with IEEE Financial Planning & Analysis, Financial Systems team and IT staff, with the ultimate goal of automating processes to reduce manual work
- Represents Business Finance in ad hoc committees for financial reporting improvements by partnering with the Controllers’ office and OU Staff to fulfill requests as mandated by the OU and IEEE Boards
- Oversees and monitors the financials to ensure all policies and procedures are being followed and to ensure actual revenue and expenditures are in line with budget and/or forecast; Partners with the Accounting team to understand results streams to ensure accuracy
- Manages cost centers including coding structure, understanding key accounts and cost center ownership; Works to streamline use of chart of accounts to increase efficiency; Understands the flow of accounting information to ensure accurate recording of financials, free from inconsistencies and errors.
- Creates or updates standard operating procedures for department documents; Prepares and conducts training for staff and volunteers.
- Develop and prepare agendas and presentations for OU and IEEE Board meetings.
- Support OU Treasurers and major OU Boards with financial support and analysis
- 5-10% Domestic and International
Qualifications
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