Director of Finance

The Director of Finance is responsible for providing strong leadership and management of the Institute’s Finance Department; oversight of institutional finance needs; all accounting operations; reporting; developing and implementing a strategic vision for support services provided by the Finance Department, including Accounts Payable, Accounts Receivables, Treasury and Cash Management, Accounting & Budgeting; ensuring compliance with all applicable laws, rules and regulations. In close collaboration with leaders of various other departments, including the Office of Sponsored Programs, Facilities, Advancement and the Vice President for Research, the Director of Finance is responsible for development, implementation and enforcement of institutional policies to safeguard the institute’s assets, manage risk and satisfy single audit and sponsor requirements. The institute has a diverse portfolio which includes funds from private donors, federal sponsors, local government and for-profit entities and varying levels of restrictions; hence, the Director must have a wide breadth of knowledge of Uniform Guidance, Not-for Profit Accounting and Generally Accepted Accounting Principles and Standards. To that end, the Director must ensure efficient and effective policies while providing exceptional customer service. This requires the Director to understand and effectively balance compliance and customer service. The Director must be a proven team-builder. The Director reports to the Vice-President for Finance & Administration, CFO.

Duties and responsibilities include:
• Responsible for the overall accountability for all fiscal management.
• Ensures accurate invoicing and timely collection of funds due to the Institute.
• Responsible for leading all aspects of facilities and administration rate development including rate proposal preparation.
• Develops proposals and negotiates the fringe benefit rate.
• Directs preparation of financial statements, business activity reports, financial position forecasts, annual budgets and reports required by regulatory agencies.
• Coordinates, schedules and supervises the activities of employees engaged in accounting, payroll and property control.
• Responsible for cash forecasts and keeps short-term money invested. Oversees daily bank deposits and coordination of cash investments with bankers.
• Designs and installs systems to record, control and report the financial activities of the Institute. Reviews and initiates changes to assure all accounting systems run smoothly.
• Coordinates, discusses and resolves a variety of accounting related matters with principal investigators, department directors, administrative assistants, public accounting firms, government auditors, contracting officers and similar officials.
• Conducts or coordinates audits of Institute accounts and financial transactions to ensure compliance with state and federal requirements and statues.
• Inspects and verifies contract billings for accuracy and completeness.
• Reviews cash receipts, journal vouchers and disbursements.
• Prepares and reviews financial statements, budgets and related reports to assure accuracy, appropriateness and completeness.
• Reviews cash receipts, journal vouchers and disbursements.
• Prepares and reviews financial statements, budgets and related reports to assure accuracy, appropriateness and completeness.
• Maintains current knowledge of organizational policies and procedures, federal and state policies and directives and current accounting standards.
• Monitors financial activities and details such as reserve levels to ensure that all legal and regulatory requirements are met.
• Ensures regular compliance with all applicable laws and regulations.
• Specifies technological requirements and recommends improvement to finance business practices and procedures.
• Performs other duties as assigned.

EDUCATION/EXPERIENCE/SKILLS:
Required: Bachelor’s degree from an accredited college or university with major course work relative to the field of assignment. The required major is Accounting or related field. Ten or more years of job specific experience in post award administration. Comprehensive technical knowledge base of the Federal Grants Policy Statement and the Uniform Guidance. Experience mentoring, developing and leading teams. Experience in F&A rate proposal development and negotiation. Extensive experience working with Federal agencies/departments, including the NIH and the DoD. Excellent managerial, analytical, problem solving skills with a high attention to detail. Proven customer service skills. Demonstrated skills as a team builder who knows how to get the most from his/her team and develop team members for long-term, mutual success. Excellent written and interpersonal communication skills with the ability to interact with both senior management and subordinates.
Preferred: Master’s degree from an accredited college or university. Certified Public Accountant (CPA) preferred.

OTHER: This is a full-time salaried (exempt) position. Texas Biomed business hours are Monday through Friday – 8:00 a.m. to 5:00 p.m. Texas Biomed is committed to a drug-free workplace. Pre-employment drug screen is required.

Apply online at http://www.txbiomed.org/about/employment. Application packets are accepted electronically or in hard copy. A completed application packet is a requirement for all positions. Incomplete applications will not be accepted. Equal Employment Opportunity/M/F/Disability/Protected Veteran Status

Application Instructions

Your resume and application must be provided electronically. Please follow the steps below.

  1. Please read instructions before submitting your application.
  2. PDF forms will need to be completed, saved to your computer and uploaded. Please refer to Step 2 for additional information.
  3. Fill out the online form.
  4. At the conclusion of the application process, you will be asked to attach your PDF files.

Download all Application Files

Go to Online Application Form