Sr. Associate Business Officer, CCC

Position Summary:
The Senior Associate Business Officer in the College of Connected Computing (CCC) provides leadership and management of Vanderbilt University (VU) and CCC policies and practices for fiscal and operational matters in alignment with the college’s strategic plans to support leadership and decision making at both the college and the Provost/Academic Affairs level. This position reports to and supports the Chief Business Officer (CBO) and is the subsequent financial lead for the college after the CBO.

Responsibilities include short- and long-term financial planning for the college, development of annual operating budgets, implementation of financial controls and internal auditing, preparation of monthly and quarterly financial reports including projections, analysis of financial data, and oversight of all financial processes and procedures. This position interfaces with a wide constituency of partners across the college and University, including regular interactions with the Dean, Associate Deans, the Provost’s Office and other senior-level administrators.

About the Work Unit:
The CCC is Vanderbilt’s groundbreaking interdisciplinary college, designed to foster radical collaboration at the intersection of computing and other disciplines. By uniting scholars, students and industry, the CCC is committed to tackling society's most pressing problems through technology and collaboration.

Key Functions and Expected Performance:
• Serves as the senior financial manager and analyst for the college, creating and maintaining a responsive financial organization that provides the resources required to support the college’s tripartite mission - education, research and service.
• Advises the Dean, Associate Deans, CBO and Department Chairs on all financial matters for the college, performs ad hoc analyses as needed for executive leadership to make data informed decisions.
• Develop, present and explain, as needed, financial data for presentation to key college and university offices, including the Office of the Provost.
• Manages the financial operations, including strategic multi-year planning, forecasting, budgeting, accounting, financial reporting and variance analysis, financial risk assessment and capital planning.
• Plans, directs, and evaluates a comprehensive college wide financial operations and college-level financial goals, with an emphasis on associated resource requirements, systems and processes needed to support long-range strategies.
• Utilizes and monitors the multiple sources of funding the college receives, to include tuition revenue, indirect cost recovery funds, federal, state and private grants, gift and endowed accounts and industry and other sponsored contracts and agreements.
• Assists in developing, revising and implementing policies and procedures for college activities that have fiscal implications.
• Prepares annual budget and year-end financial report with the CBO, in consultation with the Dean.
• Contributes to functions of the Dean's executive team by participating in college-level discussions, decision making and priority setting, assisting in strategic planning, and performing other duties as assigned by the Dean.
• Develop and manage the college's annual operating budget, ensuring alignment with strategic priorities
• Provide timely financial analysis and recommendations to the Dean, and other college leadership to support decision-making
• Oversee accounting, and procurement functions for the college
• Monitor financial performance, develop quarterly financial projections, and identify opportunities for cost savings or revenue generation
• Collaborate with the central university finance office to ensure compliance with policies and procedures
• Manage the college's endowment and gift funds
• Serve as a financial advisor to faculty and staff on new programs, contracts, and other funding initiatives
• Provide leadership and support to all college finance professionals and foster a culture of continuous process improvement

Short-term and Long-term Financial Planning
• Develop annual and multi-year financial plans to support the college's strategic priorities and address short-term needs as well as long-term sustainability
• Analyze budget trends, identify potential risks and opportunities, and propose strategies to leadership
• Maintain the college’s financial model and update the model as new information is acquired to utilize as an input for decision making
• Collaborate with department heads to align financial plans with their operational and programmatic goals
• Budget and forecast the college’s cash reserves, cash needs and projected balances
• Develop long-term financing plans aligned with the college’s capital construction plans

Financial Analysis