Harvard College Observatory Assistant Finance Director
Harvard College Observatory Assistant Finance Director
Posted 5 days ago
SENIORITY
Lead
About the role
- Partner with department leadership (faculty, administrators, and research leaders) to identify strategic priorities and align financial resources accordingly.
- Prepare financial projections and reports for Steering Committee and Executive Committee meetings.
- Conduct scenario planning and long-range financial modeling using available tools and shadow systems.
- Provide financial insights and recommendations to support strategic decision-making.
- Develop and maintain comprehensive budget workbooks, incorporating:
- Personnel costs (planned hires, reclassifications, compensation changes)
- Non-personnel expenses and operating costs
- Determine available funding sources and allocate costs in compliance with fund restrictions and terms.
- Prepare detailed program budgets to ensure full transparency of program costs.
- Collaborate with Department Administrators (DAs) and Executive Directors (EDs) to create clear and actionable costing sheets for program managers.
- Ensure program managers understand budget allocations and provide guidance as needed.
- Prepare variance analyses and trend reports for department leadership.
- Analyze historical spending patterns and run rates to inform forecasting.
- Develop and deliver financial presentations for leadership meetings.
- Meet regularly with program managers to review actual expenditures against budget and provide recommendations.
- Support stewardship reporting and financial accountability for externally funded programs.
- Track balances, spending, and commitments for endowment and restricted funds.
- Monitor expenditures to ensure alignment with donor intent and university guidelines.
- Review gift agreements to determine allowable spending and restrictions.
- Partner with donors, development teams, gift offices, tax offices, and departmental leadership to structure agreements that meet institutional and donor goals.
- Ensure proper receipt, allocation, and recording of gift funds.
- Maintain oversight of all unrestricted funds associated with the department.
- Ensure compliance with university financial policies, fund restrictions, and regulatory requirements.
- Provide guidance to faculty and staff on appropriate financial practices and decision-making.
- Work with external institutions to develop and manage financial agreements related to faculty projects and collaborations.
- Bachelor's degree or equivalent work experience required
- Minimum of 7 years' relevant work experienceMBA or Master's degree in relevant field
- Strong knowledge of budgeting, forecasting, and financial analysis.
- Experience managing multiple funding sources, including sponsored research, endowments, gifts, and unrestricted funds.
- Familiarity with university financial systems and policies (preferred).Exceptional analytical and problem-solving skills.
- Ability to translate complex financial information into clear, actionable insights.
- Strong communication and interpersonal skills, with the ability to work effectively with diverse stakeholders.
- High level of attention to detail and organizational skills.
- Ability to manage competing priorities and meet deadlines in a dynamic environment.
- Sound judgment and a high degree of integrity in handling sensitive financial information.
- Generous paid time off including parental leave
- Medical, dental, and vision health insurance coverage starting on day one
- Retirement plans with university contributions
- Wellbeing and mental health resources
- Support for families and caregivers
- Professional development opportunities including tuition assistance and reimbursement
- Commuter benefits, discounts and campus perks
- Learn more about these and additional benefits on our Benefits & Wellbeing Page.
Before you apply
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Your notice period
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