Assistant Director, Finance
Apply NowCompany: University of Maryland
Location: College Park, MD 20740
Description:
Job Description Summary
Organization's Summary Statement:
The Assistant Director of 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 of finance supervises the office's finance staff.
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 as 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 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:
-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
Minimum Qualifications
Minimum Qualifications:
Education: Bachelor's degree from an accredited college or university.
Experience: Seven (7) years of professional accounting or finance experience. Two (2) years of experience supervising or managing professional staff.
Knowledge of finance and accounting policies and procedures, and federal, state, and other applicable related laws, rules, regulations, and ordinances.
Skill in use of Microsoft Office products.
Skill in oral and written communication.
Skill in summarizing, analyzing, and reporting financial information.
Ability to multi-task and prioritize assignments.
Additional Job Details
Required Application Materials: Cover letter, resume, unofficial transcript, & list of references.
Best Consideration Date: 03/23/2025
Posting Close Date: N/A
Open Until Filled: Yes
Additional Details: No Visa Sponsorship for 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.
Job Risks
Not Applicable to This Position
Financial Disclosure Required
For more information on Financial Disclosure, please visit Maryland's State Ethics Commission website.
Department
VPR-EconDev-UM Ventures, College Park
Worker Sub-Type
Staff Regular
Salary Range
$107,248.00 - $128,697.60
Benefits Summary
For more information on Regular Exempt benefits, select this link.
Background Checks
Offers of employment are contingent on completion of a background check. Information reported by the background check will not automatically disqualify anyone from employment. Before any adverse decision, the finalist will have an opportunity to provide information to the University regarding disclosable background check information. The University reserves the right to rescind the offer 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.
Employment Eligibility
The successful candidate must complete employment eligibility verification (on Form I-9) by presenting documents that establish identity and work authorization within the timeframe required by federal immigration law, and where applicable, to demonstrate renewed employment authorization. Failure to complete employment eligibility verification or reverification within the timeframe set forth by law may result in suspension or termination of employment.
EEO/AA Statement
The University of Maryland, College Park is an Equal Opportunity/Affirmative Action Employer; all qualified applicants, including veterans and people with disabilities, will receive consideration for employment. UMD is actively engaged in recruiting, hiring, and promoting underrepresented communities. Please read the entire University of Maryland Equal Employment Opportunity and Affirmative Action Statement of Policy.
Women, Minorities, Disabled, Veterans, and LGBTQ+ Welcome!
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.
Title IX Non-Discrimination Notice
The University of Maryland (UMD) does not discriminate on the basis of sex, gender identity or expression, sexual orientation, race, color religion, national origin, ethnicity, physical or mental disability, protected veteran status, age, genetic information or any other characteristic protected by law in its programs and activities. Specifically, Title IX prohibits discrimination on the basis of sex in UMD programs and activities, including with respect to admission and employment.
Resources
Search Firm Managed Recruitment
There are some positions that are not advertised on this career site as the search is being managed by a Search Firm.
Please visit the link below to see these available opportunities:
Search Firm Managed Vacancies
Organization's Summary Statement:
The Assistant Director of 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 of finance supervises the office's finance staff.
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 as 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 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:
-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
Minimum Qualifications
Minimum Qualifications:
Education: Bachelor's degree from an accredited college or university.
Experience: Seven (7) years of professional accounting or finance experience. Two (2) years of experience supervising or managing professional staff.
Knowledge of finance and accounting policies and procedures, and federal, state, and other applicable related laws, rules, regulations, and ordinances.
Skill in use of Microsoft Office products.
Skill in oral and written communication.
Skill in summarizing, analyzing, and reporting financial information.
Ability to multi-task and prioritize assignments.
Additional Job Details
Required Application Materials: Cover letter, resume, unofficial transcript, & list of references.
Best Consideration Date: 03/23/2025
Posting Close Date: N/A
Open Until Filled: Yes
Additional Details: No Visa Sponsorship for 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.
Job Risks
Not Applicable to This Position
Financial Disclosure Required
For more information on Financial Disclosure, please visit Maryland's State Ethics Commission website.
Department
VPR-EconDev-UM Ventures, College Park
Worker Sub-Type
Staff Regular
Salary Range
$107,248.00 - $128,697.60
Benefits Summary
For more information on Regular Exempt benefits, select this link.
Background Checks
Offers of employment are contingent on completion of a background check. Information reported by the background check will not automatically disqualify anyone from employment. Before any adverse decision, the finalist will have an opportunity to provide information to the University regarding disclosable background check information. The University reserves the right to rescind the offer 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.
Employment Eligibility
The successful candidate must complete employment eligibility verification (on Form I-9) by presenting documents that establish identity and work authorization within the timeframe required by federal immigration law, and where applicable, to demonstrate renewed employment authorization. Failure to complete employment eligibility verification or reverification within the timeframe set forth by law may result in suspension or termination of employment.
EEO/AA Statement
The University of Maryland, College Park is an Equal Opportunity/Affirmative Action Employer; all qualified applicants, including veterans and people with disabilities, will receive consideration for employment. UMD is actively engaged in recruiting, hiring, and promoting underrepresented communities. Please read the entire University of Maryland Equal Employment Opportunity and Affirmative Action Statement of Policy.
Women, Minorities, Disabled, Veterans, and LGBTQ+ Welcome!
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.
Title IX Non-Discrimination Notice
The University of Maryland (UMD) does not discriminate on the basis of sex, gender identity or expression, sexual orientation, race, color religion, national origin, ethnicity, physical or mental disability, protected veteran status, age, genetic information or any other characteristic protected by law in its programs and activities. Specifically, Title IX prohibits discrimination on the basis of sex in UMD programs and activities, including with respect to admission and employment.
Resources
- Learn how military skills translate to civilian opportunities with O*Net Online
Search Firm Managed Recruitment
There are some positions that are not advertised on this career site as the search is being managed by a Search Firm.
Please visit the link below to see these available opportunities:
Search Firm Managed Vacancies