Senior Associate Athletic Director and Chief Financial Officer - Fayetteville, United States - University of Arkansas System

Description

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Closing Date:
05/06/2024


Type of Position:
Senior Professional Staff - Athletic Affairs


Workstudy Position:
No


Job Type:
Regular


Work Shift:
Day Shift (United States of America)


Sponsorship Available:
No


Institution Name:
University of Arkansas, Fayetteville

Founded in 1871, the University of Arkansas is a land grant institution, classified by the Carnegie Foundation among the nation's top 2 percent of universities with the highest level of research activity.

The University of Arkansas works to advance Arkansas and build a better world through education, research and outreach by providing transformational opportunities and skills, promoting an inclusive and diverse culture and climate, and nurturing creativity, discovery and the spread of new ideas and innovations.

The University of Arkansas campus is located in Fayetteville, a welcoming community ranked as one of the best places to live in the U.S.

The growing region surrounding Fayetteville is home to numerous Fortune 500 companies and one of the nation's strongest economies.

Northwest Arkansas is also quickly gaining a national reputation for its focus on the arts and overall quality of life.

As an employer, the University of Arkansas offers a vibrant work environment and a workplace culture that promotes a healthy work-life balance.

The benefits package includes university contributions to health, dental, life and disability insurance, tuition waivers for employees and their families, 12 official holidays, immediate leave accrual, and a choice of retirement programs with university contributions ranging from 5 to 10% of employee salary.

Below you will find the details for the position including any supplementary documentation and questions, you should review before applying for the opening.

If you have a disability and need assistance with the hiring process, please submit a request via the Disability Accommodations | OEOC | University of Arkansas ) : Request an Accommodation. Applicants are required to submit a request for each position of which they have applied.

For general application assistance or if you have questions about a job posting, please contact Human Resources at


Department:
Athletics


Department's Website:

Summary of Job Duties:

The Senior Associate Athletic Director and Chief Financial Officer (CFO) is a senior leadership position within the university's athletic department, responsible for providing strategic oversight of financial operations, budgetary planning, and fiscal management to support the mission and goals of the athletics program.

This role requires a seasoned financial executive with expertise in athletics administration, financial management, financial reporting, and compliance, as well as strong leadership, communication, and collaboration skills.

Responsibilities:

Financial Management:

• Develop and implement financial policies, procedures, and controls to ensure the integrity and transparency of financial operations within the athletic department.
• Oversee the preparation, monitoring, and management of annual operating budgets, revenue forecasts, and expenditure projections for all athletic programs and departments.
• Monitor financial performance, analyze variances, and provide recommendations for optimizing resource allocation and maximizing revenue generation opportunities.
• Manage athletic contracts, competitive procurement, capital project planning, debt requirements, fixed asset accounting, and inventory systems.
• Direct oversight of athletics business operations staff.

Budget Planning and Analysis:

• Lead the development of comprehensive budgetary plans and financial strategies for all sports and administrative units to support the short-term and long-term needs of the athletic department.
• Collaborate with departmental leaders, coaches, and staff to establish budget targets, prioritize funding priorities, and align expenditures with strategic objectives.
• Provide monthly budget reports, financial analysis, and forecasting support to inform decision-making processes and identify opportunities for cost savings and revenue enhancement.

Financial Reporting and Compliance:

• Ensure compliance with institutional policies, NCAA regulations, and other governing bodies' requirements related to financial reporting, accounting standards, and fiscal management.
• Prepare and submit financial reports, audits, and compliance certifications to university administration, Arkansas Department of Higher Education, Federal Department of Education, NCAA, Southeastern Conference, and other external stakeholders as required.
• Monitor the compliance and reporting requirements for unrelated business income tax (UBIT), taxable fringe benefits, and other excise tax obligations.
• Develop and maintain internal controls, audit procedures, and risk management practices to safeguard assets and mitigate financial risks within the athletic department.
• Advise the Director of Athletics and Senior Associate Vice Chancellor for Campus Services on all matters related to the budget and financial planning, contracts, and capital projects.

Strategic Planning and Leadership:

• Provide strategic leadership and direction to departmental staff, fostering a culture of accountability, transparency, and excellence in financial management and operations.
• Collaborate with senior athletic department leadership, university administration, and external stakeholders to develop and implement strategic plans, goals, and initiatives that advance the mission and objectives of the athletics program.
• Represent the athletic department in meetings, committees, and forums, advocating for financial priorities, resource needs, and strategic initiatives.
• Serve as a member of the Director of Athletics Executive Cabinet and Senior Staff.
• Serve as liaison to Campus, System Office, Razorback Foundation, and other internal and external partners on all financial matters for the Department of Athletics.

The Senior Associate Athletic Director and Chief Financial Officer plays a critical role in ensuring the financial health, compliance, and self-supporting status of the athletic department, supporting the success and well-being of student-athletes, coaches, and staff, and advancing the mission and values of the university's athletics program.

Regular, reliable, and non-disruptive attendance is an essential job duty, as is the ability to create and maintain collegial, harmonious working relationships with others.

Qualifications:
Minimum

Qualifications:

• Bachelor's degree in accounting, finance, or business administration
• At least seven years of progressive leadership experience in financial management, budget planning, and fiscal oversight
• Strong understanding of NCAA rules and regulations governing financial aid, scholarships, revenue distribution, and other financial aspects of intercollegiate athletics
• Demonstrated expertise in financial analysis, budget development, and strategic planning, with a track record of driving financial sustainability and operational excellence within a complex organization
• Excellent communication, interpersonal, and leadership skills, with the ability to build consensus, foster collaboration, and inspire teams to achieve shared goals
• Knowledge and experience with relevant accounting principles, tax regulations, and industry best practices in financial management and reporting

Preferred

Qualifications:

• Graduate degree in accounting, finance, or business administration.
• At least five years of experience working in Division I intercollegiate athletics administration.
• CPA certification

Knowledge, Skills & Abilities:

• Knowledge of laws and regulations specific to college athletics and higher education
• Knowledge and the ability to manage construction planning and activities
• Knowledge of and ability to manage contracts
• Accounting, finance, & dept management knowledge
• Human resources and payroll knowledge
• Excellent Project management skills
• Organization skills
• Management & Leadership skills

Additional Information:

Salary Information:
Commensurate with education and experience


Required Documents to Apply:
Cover Letter/Letter of Application, List of three Professional References (name, email, business title), Resume


Optional Documents:
Proof of Veteran Status


Recruitment Contact Information:
Krista Hoover, Senior HR Partner - Athletics, ,

All application materials must be uploaded to the University of Arkansas System Career Site

Please do not send to listed recruitment contact.


Special Instructions to Applicants:

Pre-employment Screening Requirements:
Criminal Background Check, Financial Credit Check, Sex Offender Registry

The University of Arkansas is committed to providing a safe campus community. We conduct background checks for applicants being considered for employment. Background checks include a criminal background check and a sex offender registry check.

For certain positions, there may also be a financial (credit) background check, a Motor Vehicle Registry (MVR) check, and/or drug screening.

Required checks are identified in the position listing.

A criminal conviction or arrest pending adjudication or adverse financial history information alone shall not disqualify an applicant in the absence of a relationship to the requirements of the position.

Background check information will be used in a confidential, non-discriminatory manner consistent with state and federal law.

The University of Arkansas seeks to attract, develop and retain high quality faculty, staff and administrators that consistently display practices and behaviors to advance a culture that embeds inclusion, opportunity, educational excellence and unparalleled access for all.

The University of Arkansas is an equal opportunity, affirmative action institution.

The University does not discriminate in its education programs or activities (including in admission and employment) on the basis of age, race, color, national origin, disability, religion, marital or parental status, protected veteran status, military service, genetic information, or sex (including pregnancy, sexual orientation, and gender identity).

Federal law prohibits the University from discriminating on these bases.

Questions or concerns about the application of Title IX, which prohibits discrimination on the basis of sex, may be sent to the University's Title IX Coordinator and to the U.S.

Department of Education Office for Civil Rights.

Persons must have proof of legal authority to work in the United States on the first day of employment.

All application information is subject to public disclosure under the Arkansas Freedom of Information Act.


Constant Physical Activity:
Manipulate items with fingers, including keyboarding


Frequent Physical Activity:
N/A


Occasional Physical Activity:
N/A


Benefits Eligible:
Yes