Executive Director of Business and Financial Operations

Position SummaryThis position is responsible for directing the fiscal functioning of the Academy according to Generally Accepted Accounting Principles (GAAP). In addition, this individual is directly involved in providing strategic financial input and leadership. Additionally, they enhance, develop, implement, and enforce policies and procedures by way of systems that improve the overall operation, effectiveness, and financial condition of the Academy.The internationally recognized Illinois Mathematics and Science Academy® (IMSA) develops creative, ethical leaders in science, technology, engineering and mathematics. As a teaching and learning laboratory created by the State of Illinois, IMSA enrolls academically talented Illinois students (grades 10–12) in its advanced, residential college preparatory program. It also serves thousands of educators and students in Illinois and beyond through innovative instructional programs that foster imagination and inquiry.The Illinois Mathematics and Science Academy (IMSA) is committed to an equitable, diverse and inclusive teaching and learning environment. IMSA has committed to advancing equity in STEM education and representation and creating a diverse, inclusive community of global citizens who can realize their full potential, and execute our mission to advance the human condition.This Equity and Excellence work is the intentional integration of Cultural Competence, Diversity, Equity, Equity-Minded Frame, Excellence and Inclusion into every facet of the Academy, with the understanding that it is an active and ongoing process involving structures, processes and people and not an isolated initiative.This position will support IMSA's Diversity work by ensuring the delivery of quality, equitable, and inclusive constituent-centered support while promoting and maintaining an inclusive work environment and culture that embraces the diversity of people and perspectives collaborating at IMSA to ignite and nurture creative, ethical, scientific minds that advance the human condition.Essential Duties And ResponsibilitiesTo perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable Accommodations may be made to enable qualified individuals with disabilities to perform the essential functions. This individual is responsible for but not limited toOversee the Academy’s Business Office operations including but not limited to leading all accounting functions, institution-wide budget development, payroll, procurement, vouchering and purchase order processing, management of P-Card system, contracting, and state-mandated financial reporting and compliance.Advising the President of the Academy and the Board of Trustees on financial and business issues and needsAssume the position of treasurer of the IMSA Board of TrusteesLead the preparation of IMSA’s annual external budget request and state reporting, including Board of Higher Education budget tables, Governor’s Office of Management and budget book, and Illinois State Legislature budget tables.Lead annual review and reallocation of appropriation to projects that address the Academy’s priority outcomes and other under-funded needs.Provide and interpret reports of business operations including the formulation and maintenance of accounting policies, preparation of financial statements and operating data, coordination of systems and procedures, and required special reports.Ensue the financial integrity and compliance of IMSA’s business and financial operations with statutory requirements and managing the Academy’s financial system applications, policies and procedures.Lead IMSA’s annual financial and compliance audit, including the preparation of annual GAAP packages and State of Illinois government-wide and governmental fund financial statements, reports and schedules.Contribute to the overall success of the Illinois Mathematics and Science Academy’s strategic direction.Ability to work irregular schedules, including periodic evening and/or weekend hoursOther duties as assignedMinimum QualificationsThe minimum required skills and experience for this position include, but are not necessarily limited toMaster’s degree in business administration, school business management, or comparable trainingTen (10) years of relevant experience in an educational, governmental, private sector, or other not-for-profit institutionCertified CPAExcellent communication and interpersonal skillsDemonstrated ability to work well with a variety of individuals and diverse populationsAbility to work independently, resolve issues, seek help when needed, and work on concurrent projectsProficient with computerized accounting software including configuration and utilizationExperienced user of common computer hardware (e.g. laptops), office productivity software (e.g. Microsoft Office, budget software), mobile devices (e.g. phone), and common peripherals (e.g. printers, others…)Must possess a valid driver’s licenseAbility to travel as neededPreferred QualificationsWorking knowledge of State of IL procurement processesChief School Business Operations certificationWorking Conditions And Physical RequirementsWork is performed in an office setting with minimal exposure to health or safety hazards. Substantial time is spent working on a computer. This role generally requires mobility, written and verbal communication, hearing and visual capabilities, finger dexterity, repetitive motions, loading, unloading and moving materials/boxes weighing up to 50 pounds. However, reasonable accommodations, including assistive technology, may be made to enable qualified individuals with disabilities to perform such requirements.COMPENSATIONThis position is a full-time, exempt, 12-month, employment-at-will position. Starting salary no less than $114,605 and regionally commensurate with training and experience in like institutions. As part of the State University Retirement System, the Illinois Mathematics and Science Academy offers an excellent comprehensive benefits package including health and retirement benefits. The State Universities Retirement System (SURS) is reciprocal with other Illinois public retirement systems such as the Teachers’ Retirement System of Illinois (TRS) and the Illinois Municipal Retirement Fund (IMRF).The Illinois Mathematics and Science Academy is an Equal Employment Opportunity Employer providing equal employment opportunities without regard to race, color, sex, sexual orientation, age, religion, or national origin. This policy also includes the handicapped and all disabled Vietnam era veterans. IMSA utilizes only job-related criteria in making decisions concerning applicants and employees