---

---

Location

Santa Fe, NM | United States

---

Job description

Salary

$35.04 - $56.07 Hourly

$72,885 - $116,616 Annually

This position is a Pay Band 85

Posting Details

The Institutional Finance Director provides leadership and management of the departments Institutional Finance Division. The Division is statutorily responsible for the approval and oversight if over $1 billion of state funding for public higher education institutions in New Mexico.


THIS POSTING WILL BE USED FOR ONGOING RECRUITMENT AND MAY CLOSE AT ANY TIME. APPLICANT LISTS MAY BE SCREENED MORE THAN ONCE.

Why does the job exist?

The Institutional Finance Manager (IFM) provides leadership and management for the financial oversight of over $1 billion of state funding for public higher education institutions in New Mexico. The IFM advises the Higher Education Secretary and top staff on issues concerning institutional finance, capital projects, and financial aid at individual institutions and throughout the system as a whole. The IFM is responsible for the review of all institutional budgets; for the administration of the higher education funding formula; overseeing the review and approval process for higher education capital projects, research and public service projects, and financial aid award distribution.

How does it get done?

The Institutional Finance Director is responsible for the oversight and management of the following programs at the department:

• Higher Education Budgets and Funding Requests
• Assign review of Operating Budgets and Budget Adjustment Requests to appropriate staff
• Review completed Operating Budgets and Budget Adjustment Requests by staff and recommend approval, approval with concerns, or nonapproved to Secretary
• Verify data prior to submittal to Department of Finance and Administration
• Institutional Review of Higher Education Institution Data for higher education department funding formula
• Work closely with other division within the department to review the data submitted
• Coordinate Technical Committee and Steering Committee to review department funding formula changes

Who are the customers?

Higher Education Department leadership and students enrolled in New Mexico Higher Education Institutions.

Ideal Candidate

• Experience in financial management to include policy development and program administration
• Bachelors degree or ten years of experience in financial management
• Progressive financial aid work experience
• Strategic understanding of the role of financial aid in recruiting and retaining students as well as in-depth knowledge of federal and state aid compliance regulations

Minimum Qualification

A Bachelor's Degree in any field of study from an accredited college or university and eight (8) years of professional level experience with a light strategic impact directly related to the purpose of the position defined by the agency at the time of recruitment. Substitutions Apply. See Substitution Table below. A hiring agency will designate a portion of the required experience to include management, supervisory and/or specialized experience. Any required licensure, certification or registration shall be defined at the time of recruitment and will be in addition to the above requirements.

Substitution Table

These combinations of education and experience qualify you for the position:

Education

Experience

1

High School Diploma or Equivalent

AND

12 years of experience

2

Associate's degree

AND

10 years of experience

3

Bachelor's degree

AND

8 years of experience

4

Master's degree

AND

6 years of experience

5

PhD degree

AND

4 years of experience

• Education and years of experience must be related to the purpose of the position.
  
  

• If Minimum Qualification requires a specific number of "semester hours" in a field (e.g. 6 semester hours in Accounting), applicants MUST have those semester hours in order to meet the minimum qualifications. No substitutions apply for semester hours.

Employment Requirements

Must possess and maintain a current Defensive Driving Course Certificate from the State of New Mexico or must pass and receive Defensive Driving Course Certification as a condition of continued employment.

Working Conditions

Work is performed in an office setting with exposure to Visual/Video Display Terminal (VDT) and extensive personal computer and phone usage.

Supplemental Information

Benefits:

Do you know what Total Compensation is? Click here

Agency Contact Information: Mario Suazo (505) 660 - 6659 [email protected] Email

For information on Statutory Requirements for this position, click the Classification Description link on the job advertisement.

Bargaining Unit Position

This position is not covered by a collective bargaining agreement.

---

Job tags

---

---

Salary