Director of Financial Reporting & Allocation Strategy leading financial allocation for global reinsurance company. Ensuring accuracy and compliance, driving process simplification across management and legal entities.
About the role
- Finance Manager develops financial reporting and analysis for semiconductor manufacturing and academic research. Responsible for budgeting, forecasting, and compliance support within the Texas Institute for Electronics.
Responsibilities
- Develop and maintain internal monthly, quarterly, and ad-hoc financial reports to track budgets, variances, and forecasts to support TIE’s hybrid academic/research and revenue-generating operations.
- Create financial coding schemes to categorize transactions for semiconductor manufacturing while remaining compliant with university reporting standards.
- Serve as the point of contact responsible for creating monthly, quarterly, and annual invoices and financial reports submitted to the federal sponsor.
- Serve as final approver for costing allocations and financial processes in Workday.
- Monitor stopgap accounts, process costing corrections, and initiate funding transfers.
- Review and approve departmental payment requests, ensuring accuracy, timeliness, and policy compliance.
- Maintain electronic applications for financial access and approvals.
- Identify process inefficiencies and lead or support implementation of improvements.
- Assist with testing, training, and user adoption of improved processes and systems.
- Will serve as a key member of internal ERP integration projects, ensuring financial reporting, procurement, AP/AR, and other workflows align with UT systems.
- Serve as backup to the Director of Finance or team members.
- Assist with audits and compliance reporting, ensuring adherence to university, state, and federal requirements.
- Maintain documentation and records retention policies in accordance with UT Austin guidelines.
- Support ad-hoc projects.
- Other duties as assigned by supervisor, including supporting tasks outside of core responsibilities.
Requirements
- Bachelor’s degree in Finance, Accounting, or a related field
- Minimum 6 years of progressive FP&A or finance experience—including budgeting, forecasting, financial modeling, and management reporting.
- Expert-level Excel proficiency.
- Demonstrated ability to build and maintain financial models, dashboards, and management reports.
- Strong analytical, creative problem-solving, organizational skills; adept at juggling multiple deliverables under tight deadlines.
- Excellent interpersonal, written, and verbal communication skills; able to translate complex data into clear, actionable insights.
- Discreet handling of confidential information and sound independent judgment in a fast-paced, team-oriented environment.
- Experience working in a State of Texas agency, public university, or public college. Relevant education and experience may be substituted as appropriate.
- Master’s degree in Finance, Accounting, Business, or a related field (preferred)
- Experience in higher‐education finance or administration, including strategic or leadership roles (preferred)
- Experience with BI/data tools (Power BI, SQL, Tableau, etc.) (preferred)
- Experience with implementing BI solutions and ERP integrations (preferred)
- Expertise with UT Austin’s financial systems, policies, and core business processes (preferred)
- Demonstrated knowledge of UT Austin’s core business processes and operations (preferred)
Benefits
- Competitive health benefits (employee premiums covered at 100%, family premiums at 50%)
- Voluntary Vision, Dental, Life, and Disability insurance options
- Generous paid vacation, sick time, and holidays
- Teachers Retirement System of Texas, a defined benefit retirement plan, with 8.25% employer matching funds
- Additional Voluntary Retirement Programs: Tax Sheltered Annuity 403(b) and a Deferred Compensation program 457(b)
- Flexible spending account options for medical and childcare expenses
- Robust free training access through LinkedIn Learning plus professional conference opportunities
- Tuition assistance
- Expansive employee discount program including athletic tickets
- Free access to UT Austin's libraries and museums with staff ID card
- Free rides on all UT Shuttle and Austin CapMetro buses with staff ID card
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