JOB SUMMARYCapital Planning leads the development of the University's annual strategic capital budget and is responsible for the review, due-diligence, approval, and tracking of capital projects. The group also coordinates with all institutional stakeholders in preparation of all documents due to UT System for the approval of major construction/renovation capital projects, including the review of all financial proformas and models. Additionally, Capital Planning tracks University commitments, funding, and assists both clinical and non-clinical departments and centers with general financial planning and analysis requests.
This position is a hybrid role working mostly remote and expected in the office as required. ESSENTIAL FUNCTIONS OF ROLE- Provide financial analysis support to director regarding strategic business plans & financial proformas and make recommendations for optimizing the financial impact of business initiatives.
- Complete timely, accurate, and thorough Capital project reviews, analysis, and reporting with attention to detail.
- Assists in the annual Capital planning and budget development process in support of UTSW's strategic growth.
- Advice on key process improvement opportunities and serve as critical resource for implementation.
- Assist with overall project approval process improvements and improved customer service, including responsibility for developing relationships with all the institutional areas.
- Prepares financial models and conducts financial analyses.
- Maintain controls for policies and procedures for financial & planning systems.
- Completes more complex special projects as requested.
EXPERIENCE AND EDUCATIONRequired- Education
Bachelor's Degree in finance, accounting, or other related field. - Preferred
- MBA or master's degree in related field.
- Experience
4 years of progressively responsible experience in finance and/or accounting with experience in planning, forecasting, and financial analysis.
Preferred
JOB DUTIES- Completes variety of complex monthly financial management reports and reviews all reports for errors and inconsistencies; analyzes variations in forecasts and actual performance; determines reasons for variance; develops recommendations for improvement; completes written summaries of financial data.
- Prepares and/or supervises preparation of monthly financial reports, schedules for annual financial reports, and reports to various government agencies, ensuring conformance of such reports with applicable procedures and regulations of University of Texas System and Federal and State agencies.
- Identifies areas of poor performance, presents findings, and makes recommendations to upper management.
- Prepares financial models and conducts financial analyses.
- May maintain controls for policies and procedures for financial system; develops and maintains delegation of authority of various procedures, such as check requests, refunds, invoice approval, bad debt write-offs, etc.
- Completes more complex special projects as requested.
- Performs other duties as assigned.
KNOWLEDGE, SKILLS AND ABILITIES- Experience with independently developing & maintaining complex financial models.
- Conceptual or working knowledge of project analysis and ROI financial metrics like NPV, IRR, and breakeven analysis.
- Ability to collaborate with cross functional finance teams in developing plans and projects that impact the organization.
- Superior internal customer service and strong communication skills.
- Ability to maintain a high level of precision in work performed.
- Apply considerable judgment in interpretation of policy and application of procedures.
- Knowledge of complex financial analysis and forecasting procedures.
BENEFITSUT Southwestern is proud to offer a competitive and comprehensive benefits package to eligible employees. Our benefits are designed to support your overall wellbeing, and include:
- PPO medical plan, available day one at no cost for full-time employee-only coverage
- 100% coverage for preventive healthcare-no copay
- Paid Time Off, available day one
- Retirement Programs through the Teacher Retirement System of Texas (TRS)
- Paid Parental Leave Benefit
- Wellness programs
- Tuition Reimbursement
- Public Service Loan Forgiveness (PSLF) Qualified Employer
- Learn more about these and other UTSW employee benefits!
