Job Title
Vice President, Finance, University Lands
Job ID
12104
Location
Houston, TX
Full/Part Time
Full-Time
Regular/Temporary
Regular

Earliest Start Date

 

Immediately

Salary

 

Salary commensurate with experience

Hours per Week

 

40.00 Standard from 8:00 AM to 5:00 PM 

Hiring Department

 
University Lands

Required Application Materials

 

A resume and letter of interest is required to apply. Candidates under final consideration will also be required to submit professional references, college degree information, and employment history to an online third-party vendor.

About Us

 

For more than 140 years, The University of Texas System has improved the lives of Texans — and people all over the world — through education, health care, and research. The System consists of nine academic institutions, five health institutions, and The University of Texas System Administration. The institutions of the UT System employ more than 116,000 faculty, health care professionals, researchers, support staff, and student workers.  

The UT System Administration is primarily based in Austin, Texas. It supports the missions of the System’s fourteen institutions by providing financial, legal, planning, purchasing, government relations, communications, development, and other central services. Serving a growing state, the UT System Administration strives to provide a welcoming, supportive work environment that embraces different perspectives - not only because it enables the organization to be stronger, creative, and thoughtful, but because it is the right thing to do. To that end, UT System Administration embraces state laws on military and former foster children employment preferences.
 

 

 

Purpose of Position

 

The Vice President is a senior leader that fosters continued improvement for all financial functions, including financial reporting, accounting, revenue management, budget and planning, audit, and accounts payable.  Additionally, as a member of the leadership team, this individual will play an integral role in the development of a financial and operational strategy, metrics tied to that strategy, and the ongoing development and monitoring of control systems designed to maximize PUF resources and report accurate financial results.

Essential Functions

 
  • Direct the development of the organization's overall financial policies and reporting formats and timeline
  • Oversee annual and long-term strategic planning and budgeting processes
  • Direct the development of the organization’s internal audit policies and structure, including look-backs and post audits
  • Extensive financial analysis and valuation modeling of proposed transactions. Responsible for planning and directing the design, development, and implementation of financial models
  • Provide board-level materials and present financial reporting, as needed
  • Develop financial performance measures [“key performance indicators”] that support University Lands' strategic direction
  • Lead and mentor existing management team in continuous improvement initiatives
  • Perform repeated and timely high-level budget-to-actual analysis
  • Accountable for external auditing strategy and implementation with third party auditors and internal teams
  • Review and approve all internal and external audit requests, reports, and responses
  • Supervise commercial due diligence and participate in the negotiation process(es)
  • Work directly with commercial, engineering, legal, and other key internal teams throughout transaction / project life cycle
  • Conduct research to support the development of investment strategies and to identify transaction / project opportunities. Contribute expertise to strategic business plans
  • Special projects as requested by senior leadership

Knowledge, Skills & Abilities

 
  • Leadership and sense of urgency; ability to drive positive results in a complex environment
  • Ability to think and operate beyond standard scope of responsibility to take on new tasks
  • Strong quantitative and analytical skills. Data-driven, disciplined, objective and detail-oriented
  • Ability to communicate openly and effectively with all levels of internal and external stakeholders
  • Capability to enhance the growth of team members and optimize productivity through mentorship, targeted training, and stimulating challenges
  • Position requires extensive interaction with external clients – ranging from small operators to Fortune 500 companies
  • Proven decision-making skills and good business and professional judgment
  • Ability to operate in a dynamic, fast paced environment while providing oversight, training, and guidance
  • Excellent Excel financial modeling and PowerPoint presentation abilities

Required Qualifications

 
  • Bachelor’s degree in accounting, finance, business, or closely related field from an accredited institution 
  • Minimum of 10 years of financial management, financial planning and analysis, revenue management or other relevant experience in the Oil and Gas industry
  • Must have demonstrated experience in planning, reporting, and analytics

Preferred Qualifications

 
  • Supervisory experience preferred 
  • Working knowledge of University Lands’ business practices 
  • Advanced degree preferred (MBA, masters) 
  • CPA preferred
  • Experience working with executive leadership 
  • Experience preparing board-level materials 
  • Knowledge of Texas Railroad Commission Rules and Regulations

Working Conditions

 
  • May work around standard office conditions
  • Uses standard office equipment
  • Requires occasional evening or weekend hours

Additional Information

 

The standard retirement plan for this position is Teacher Retirement System of Texas (TRS), subject to the position being at least 20 hours per week and at least 135 days in length. However, the incumbent of this position may elect the Optional Retirement Program (ORP) subject to the position being 40 hours per week and at least 135 days in length.

A background check will be conducted on applicants under final consideration. The background check may include any or all of the following: criminal history check, prior employment verification, education verification, professional references check, and motor vehicle records check. Background checks are conducted by third-party vendors. Upon request from the third-party vendor, candidates under final consideration must provide the required information for the background checks to be completed.

EO/AA Statement

 

The University of Texas System Administration is a federal contractor committed to providing equal employment opportunity for all qualified applicants and employees in all terms and conditions of employment. U. T. System will provide equal employment opportunity to all qualified persons and will not discriminate on the basis of race, color, sex, sexual orientation, gender identity/expression, pregnancy, religion, national origin, age, disability, genetic information, protected veteran status, or any other characteristic protected by federal or state laws.

For information on accommodations for individuals with disabilities, please contact the Office of Talent and Innovation at oti@utsystem.edu.