Director of Finance & Accounting, College of Nursing

University of Illinois Hospital and Health Sciences System • $120K — $148K *
Chicago, IL 60629In-Person
Education, Government & Non-Profit
5 - 7 years of experience
2 weeks ago
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business administration, healthcare administration, or related field.
  • 5+ years of experience in a financial leadership role.
  • Master's degree in business preferred.
  • Experience in higher education finance is a plus.
  • Familiarity with administrative systems like Chrome River, EDDIE, and Banner is desirable.

Responsibilities

  • Develop and enforce financial policies and procedures across the College.
  • Direct the annual budget process and monitor budget performance.
  • Forecast annual revenues and advise college leadership on fiscal planning.
  • Prepare financial reports for college leadership and external stakeholders.
  • Conduct training for financial staff and assist with recruitment and evaluations.
  • Analyze transactions and initiate corrective actions for budget variances.
  • Create financial proforma templates and cost analyses for new initiatives.

Benefits

  • Opportunity to lead a dedicated finance team in a reputable academic institution.
  • Access to professional development and training opportunities.
  • Participation in special projects that enhance career growth.
  • Engagement with various units within the university for collaborative environment.
Full Job Description
Director of Finance & Accounting, College of Nursing

Hiring Department: Finance & Accounting

Location: Chicago, IL USA

Requisition ID

Posting Close Date: July 20, 2026

Salary: The budgeted salary range for the position is $120,000 to $148,000.

Position Summary:

This position is responsible for the overall financial management of the College of Nursing, ensuring efficient and effective financial and business operations. This role oversees budgeting, forecasting, strategic financial planning, and program analysis while ensuring compliance with university, state, and regulatory requirements. This position will lead a team of finance and accounting professionals and is accountable for reviewing and approving all revenues and expenditures within the College. The position provides financial guidance and support to internal units and serves as the primary liaison to the University's central business offices on financial operations matters.

Duties & Responsibilities:
  • Develop, establish, and enforce policies and procedures to manage financial operations across the College of Nursing. Ensure the proper operational controls, administration and reporting procedures, and resource allocation systems are in place to operate most effectively and position the College for financial sustainability.
  • Direct the College's annual budget process. Implement planning parameters, prepare annual budgets for all units, and monitor performance to those budgets.
  • Forecast annual revenues from all sources (e.g., tuition from education programs, ICR from research programs, patient care revenue from clinical operations, self-supporting activities) and advise the Associate Dean for Administration and College-leadership with short-term and long-term fiscal planning.
  • Develop and prepare financial reports for college leadership (Dean, Associate Deans, Department Heads) and external stakeholders. Interpret financial data to college leadership and staff.
  • Facilitate and conduct appropriate training for financial staff. Participate in the recruitment and annual performance evaluation process for financial staff across the College.
  • Provide high level oversight for transactions flowing through individual departments and campuses. Analyze expenditures and budget variances and initiative corrective action plans when applicable.
  • Create and develop financial proforma templates, budgets, and cost analyses for new academic programs, clinical practice initiatives, self-supporting and revenue generating activities.
  • Ensure college-wide compliance with State, University, campus, and College financial policies and requirements.
  • Provide technical expertise and leadership in designing and developing strategies for the effective collection and dissemination of college financial information.
  • Hire, train, develop, and manage finance and post-award staff to ensure a qualified team is in place to meet departmental objectives under a shared services model.
  • Perform other related duties and participate in special projects as assigned.


Minimum Qualifications:

  • A minimum of a bachelor's degree in business administration, healthcare administration, or related field.
  • Minimum of 5 years work experience in a financial leadership role.

Preferred Qualifications:
  • Master's degree in business.
  • Work experience in higher education finance role.
  • Familiarity with enterprise administrative system is required, working knowledge of university
  • Illinois administrative information systems (e.g., Chrome River, EDDIE, iBuy, Banner, etc.) is highly desirable.

Knowledge, Skills, and Abilities:
  • Broad and deep knowledge of University and State rules and regulations regarding procurement, payments, etc. and College and Campus policies and procedures.
  • Ability to provide consistently high levels of customer service to a diverse client base.
  • Ability to work collaboratively with other team members.
  • Well-developed managerial, decision-making, planning, organizational, problem-resolution and leadership skills.
  • Demonstrated ability to manage people on a day-to-day basis and inspire a high level of commitment and performance.
  • Excellent written and oral communication skills. Ability to adapt communication style to address the needs of individuals at all levels throughout the University.
  • Ability to negotiate skillfully with both internal and external constituents, to anticipate changes in the business environment, and to proactively lead change.
  • A deep understanding of internal control concepts and the implementation of internal control systems in a complex business environment is required.
  • Strong conceptual, analytical, and business process skills are required.
  • Demonstrated ability to resolve conflicts, remove obstacles, and escalate issues in a timely, appropriate manner in a complex matrix environment is required.
  • Ability to exercise discretion and independent judgment involving complex tasks with appreciable latitude for action or decision-making.


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* Ladders Estimates

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