Director, Finance - JR29819-3800

The University of Chicago • Chicago, IL • 8h ago

This job was posted by https://illinoisjoblink.illinois.gov : For more information, please see: https://illinoisjoblink.illinois.gov/jobs/12808626 Department

SING Polsky Operations - Administration

About the Department

The Polsky Center\'s mission is to advance innovative ideas and technologies from the University of Chicago ecosystem to the world. Our 60 person staff is dedicated to supporting faculty, students, staff, and alumni, as well as other entrepreneurs and community-based small business owners, in navigating the complex process of bringing new products, services, and research to market. The Polsky Center\'s programming includes a top-ranked business accelerator, the Edward L. Kaplan, \'71, New Venture Challenge; a multi-disciplinary co-working space called the Polsky Exchange; the George Shultz Innovation Fund that invests in early-stage ventures; and deep tech accelerators focused on quantum, data science and AI, and clean tech ventures. In addition, the Polsky Center houses the University of Chicago\'s technology transfer unit, which manages all University-based intellectual property originating from faculty research and its commercialization.

Job Summary

Reporting to the Chief of Staff and working closely with other senior leadership at Polsky, the Finance Director oversees finance, accounting, budget, procurement and internal audit responsibilities for the Polsky Center, with the opportunity to work on other operations and strategic initiatives as needed. In doing so, the Finance Director will play a critical role in the Polsky Center\'s ability to bring scientific research advances to the world through commercialization, support students in entrepreneurial careers, and support community-based small businesses.

The Director will work closely with senior management to deliver high-quality information and perspective regarding financial performance, long range financial planning, potential risk, and internal operations. In addition, this position will play a key role in internal financial controls and compliance and in ensuring strong internal operations that support our mission and strategic priorities. The Director will work closely with staff from the Technology Ventures team at the Polsky Center to ensure all financial data captured on intellectual property, license agreements, facilities usage and startup ventures is accurate and complete.

This role manages a team of professional staff responsible for the financial management of operating and capital budgets for divisions and/or University-wide administrative units. Develops long and short term plans to achieve financial goals, business strategies/plans, and financial forecasts/models for all major service programs and initiatives. Manages quarterly and year-end reporting for the operating budget.

Responsibilities

Manages and develops staff.

Leads the development and analysis of monthly, quarterly, and annual financial planning cycles including budget, forecast, and long-range strategic plans.

Manages the timely and accurate preparation of relevant financial statements, activity reports, financial position forecasts, and other reports as required by regulatory agencies.

Prepares timely value-add financial analysis, key performance indicators and dashboards to drive decision-making with senior leadership, including providing a full view of Polsky Center financials and projections across teams.

Communicates financial updates and strategic recommendations to senior management in a concise, clear, and timely manner.

Implements efficient and effective strategic and operational long-range plans by leveraging business-driven inputs, performance metrics and a robust sales and investment pipeline.

Oversees all financial aspects of internal and external audit engagements by closely partnering with auditors, senior management, executive and operational committees, and other stakeholders at the University.

Implements, improves, and oversees Polsky Center operational efficiency, strengthens internal controls, and enhances the utilization of ERP systems.

Ensures timely compliance of federal, state, and local governmental and international requirements.

Oversees unit-wide compliance and adherence to procurement policies, fund and gift management, program execution and overall revenue generation stewardship.

Creates business-driven financial analyses, ensuring alignment with business strategies, priorities, and financial requirements.

Collaborates across Polsky Center teams to ensure the necessary documentation and projection of financial aspects of Polsky programming. This includes patent applications and patent prosecution, license and interinstitutional agreements, and science venture equity and investments; science incubator and accelerator programs; community entrepreneur support; and facilities charges and space use.

Develops strong partnerships with a broad range of key internal stakeholders, including the Budget Office, Financial Services, and Office of Legal Counsel, and external stakeholders, including partners and collaborators in higher education, industry, and government.

Assists with unit-wide priorities in-line with changing business priorities,

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