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Assistant Director, Finance

Job Description

Position Number:

124240

Title:

Assistant Director

Functional Title:

Assistant Director, Finance

Category Status:

33-Exempt Regular

Applicant Search Category:

Staff

University Authorized FTE:

100

Unit:

VPR-EconDev-UM Ventures, College Park

Campus/College Information:

Founded in 1856, University of Maryland, College Park is the state’s flagship institution. Our 1,250-acre College Park campus is just minutes away from Washington, D.C., and the nexus of the nation’s legislative, executive, and judicial centers of power. This unique proximity to business and technology leaders, federal departments and agencies, and a myriad of research entities, embassies, think tanks, cultural centers, and non-profit organizations is simply unparalleled. Synergistic opportunities for our faculty and students abound and are virtually limitless in the nation’s capital and surrounding areas. The University is committed to attracting and retaining outstanding and diverse faculty and staff that will enhance our stature of preeminence in our three missions of teaching, scholarship, and full engagement in our community, the state of Maryland, and in the world.

Background Checks

Offers of employment are contingent on completion of a background check. Information reported by the background check will not automatically disqualify someone from employment. Prior to any adverse decision, finalists have an opportunity to provide information to the University regarding the background check.

The University reserves the right to rescind offers of employment or otherwise decline or terminate employment if the information reported by the background check is deemed incompatible with the position, regardless of when the background check is completed.

Offers are contingent on providing proof of employment eligibility in the United States no more than 3 days after the initial start date. If this proof is not provided within this timeframe, the offer may be rescinded or employment terminated.

Position Summary/Purpose of Position:

The Assistant Director, Finance, provides leadership in overseeing and managing UM Ventures’ financial operations, which includes advising the UM Ventures Executive Director, UMD administration, and other stakeholders on financial decisions; directs UM Ventures’ efforts to ensure licensee financial compliance; oversees billing and collections, financial records, and incoming payments; implements UMD’s intellectual property (IP) revenue sharing policies; and executes annual revenue distributions, payment requests, and financial transactions related to IP license consideration and patent expense reimbursements in research agreements. The Assistant Director, Finance, supervises the office’s finance staff.

Benefits Summary

Top Benefits and Perks:

Exempt Benefits Summary

Minimum Qualifications:

Education:
Bachelor’s degree from an accredited college or university.

Experience:
Seven (7) years of progressively responsible experience in accounting, financial management, business-related fields, or equivalent.

Knowledge, Skills, and Abilities:
  • Demonstrated knowledge of accounting, bookkeeping, and finance principles and practices.
  • Ability to manage and reconcile accounts monthly
  • Knowledge of applicable State and University financial and procurement policies
  • Ability to use the University’s financial management systems
  • Outstanding verbal and written communication skills.
  • Strong interpersonal and customer service skills.
  • Outstanding organizational skills.
  • Strong attention to detail.
  • Ability to work under time constraints.
  • Ability to exercise discretion.
  • Ability to work independently and part of a team.
  • Ability to demonstrate professionalism in interactions with licensee companies, students, staff, and faculty.
  • Ability to analyze and adapt to ambiguous situations, develop plans, and ensure successful and efficient implementation.
  • Self-motivated with the ability to work both independently, and with a team, on complex projects and demonstrate competency, diplomacy, and a positive attitude.
  • Ability to analyze, create, and optimize processes and procedures
  • Ability to work and problem solve in a fast-paced, multi-tasked environment, prioritizing tasks, thinking proactively, and using good judgment and experience to make decisions and maintain deadlines.
  • Ability to manage multiple assignments while maintaining a high level of accuracy.

Preferences:

Preferences:
  • University/non-profit accounting/finance experience.
  • Experience managing financial matters in a technology transfer or research support unit.
  • Experience working with financial management database systems (e.g., KFS or Workday) Advanced degree or CPA.

Additional Information:

No visa sponsorship for this position.
Target Salary Range $107,248 – $134,061.

Job Risks

Not Applicable to This Position

Physical Demands

Sedentary work. Exerting up to 10 pounds of force occasionally and/or negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time.

Posting Date:

10/07/2024

Open Until Filled

Yes

Best Consideration Date

10/23/2024

Diversity Statement:

The University of Maryland, College Park, an equal opportunity/affirmative action employer, complies with all applicable federal and state laws and regulations regarding nondiscrimination and affirmative action; all qualified applicants will receive consideration for employment. The University is committed to a policy of equal opportunity for all persons and does not discriminate on the basis of race, color, religion, sex, national origin, physical or mental disability, protected veteran status, age, gender identity or expression, sexual orientation, creed, marital status, political affiliation, personal appearance, or on the basis of rights secured by the First Amendment, in all aspects of employment, educational programs and activities, and admissions.

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