SUPERVISOR: Director of Operations and Executive Director, UVA LVG
I. POSITION OBJECTIVE
The Manager of Financial Operations contributes to the overall success of the University of Virginia Licensing & Ventures Group by effectively managing all financial tasks for the organization and analyzing the everyday financial activities. The Manager of Financial Operation’s overall objective is to maintain the financial health of the organization and to provide guidance for the Directors to make sound business decisions and meet the organization’s objectives.
II. ESSENTIAL FUNCTIONS
Reporting to the Executive Director, the MANAGER OF FINANCIAL OPERATIONS will:
Assume full responsibility for all financial
Document all financial transactions and ensure all account information is entered timely and accurately into
Monitor and maintain all financial terms in agreements and
Ensure accurate and appropriate recording and analysis of revenues and
Resolve accounting discrepancies and
Responsible for Accounts Payable/Receivable including processing invoices, bills and payments, post to customer accounts, monitor the aged receivables, oversee reconciliation of credit card and bank statements, and deposit
Update and implement all necessary business policies and accounting practices; improve the finance policy and procedure
Process all distributions to inventor/VPR’s Office/UVA Innovation & Scholarly Activities Fund and resolve any distribution
Coordinate and lead the annual audit process, liaise with external auditors and the audit committee of the board of
Prepare and present financial updates at the Board of Directors
Maintains financial security by establishing and enforcing internal
Provide financial expertise and support to the Licensing Team and work with the Licensing Team to resolve financial
Administrator the HR policies, benefits, and compensation and provide assistance with employee timesheets, new hires, training, and updating employee
Produce financial statements, monthly reconciliations, reports, and correspondence as
Manage the Financial Assistant and
A bachelor’s degree in Accounting, Commerce, Finance, or Business Management/Administration;
Proficiency in the use of computer programs for accounting, word processing, databases, spreadsheets, email, and internet;
6-8 years of experience in a finance
Excellent problem-solving and analytical abilities; self-motivation and initiative; strong attention to detail; and ability to work on multiple projects simultaneously
CPA or MBA
2-4 years of experience in an academic, non-profit technology transfer organization
QuickBooks experience preferred
Additional Salary Information: Excellent benefits package includes family health and dental coverage and regular retirement contributions. The University of Virginia Licensing & Ventures Group is an equal-opportunity employer and does not discriminate on the basis of race, sex, religion, national origin, age, disability, handicap or any other classification protected by applicable law. Qualified minority and female applicants are encouraged to apply.
About University of Virginia Licensing & Ventures Group
Founded in 1977 as a 501(c) (3) UVA associated organization, the UVA Licensing & Ventures Group (LVG) is the intellectual property management and innovation commercialization organization for UVA’s research portfolio (www.lvg.virginia.edu). During the fiscal year ending June 30, 2019, LVG solicited and/or received 238 invention disclosures, executed 78 commercial transactions, and launched 9 new companies.
The University of Virginia Licensing & Ventures Group is an equal-opportunity employer and does not discriminate on the basis of race, sex, religion, national origin, age, disability, handicap or any other classification protected by applicable law.