Director of Finance

Director of FinanceHiring Department: PsychiatryLocation: Chicago, IL USARequisition ID: 1042753Posting Close Date: 09/17/2026Salary: $90,000.00-$125,000.00About the University of Illinois ChicagoUIC is among the nation’s preeminent urban public research universities, a Carnegie RU/VH research institution, and the largest university in Chicago. UIC serves over 34,000 students, comprising one of the most diverse student bodies in the nation and is designated as a Minority Serving Institution (MSI), an Asian American and Native American Pacific Islander Serving Institution (AANAPSI) and a Hispanic Serving Institution (HSI). Through its 16 colleges, UIC produces nationally and internationally recognized multidisciplinary academic programs in concert with civic, corporate and community partners worldwide, including a full complement of health sciences colleges. By emphasizing cutting-edge and transformational research along with a commitment to the success of all students, UIC embodies the dynamic, vibrant and engaged urban university. Recent “Best Colleges” rankings published by U.S. News & World Report, found UIC climbed up in its rankings among top public schools in the nation and among all national universities. UIC has over 300,000 alumni, and is one of the largest employers in the city of Chicago.Position SummaryThe Department of Psychiatry is seeking a Director of Finance who will direct and provide leadership for all financial administrative functions which include, planning and fiscal management/analysis of all departmental budgets, financial reporting to leadership, clinical and research budgets, performance monitoring, contract negotiations, forecasting/cash flow management, capital spending and oversee other professional and technical staff engaged in budgeting, purchasing, and fiscal operations.Duties & ResponsibilitiesLead the department’s accounting and financial operations and provide strategic financial analysis to support academic, clinical, research, and administrative decision-making. Serve as a trusted financial advisor to department leadership and provide management reports, analysis, and recommendations to support resource allocation and operational planning.Direct the development, implementation, and ongoing management of operating and capital budgets across multiple funding sources. Develop budget projections, monitor expenditures and available balances, analyze variances, and support multi-year financial planning to ensure resources are appropriately allocated and aligned with departmental objectives.Oversee day-to-day accounting and financial activities, including accounting transactions, journal entries, reconciliations, and month-end and year-end processes. Prepare, review, and interpret financial statements and reports and ensure the accuracy and integrity of financial information.Ensure departmental budgets, expenditures and financial transactions comply with the University policies, funding restrictions, State and federal requirements, sponsor guidelines, and applicable regulatory requirements. Maintain appropriate internal controls and serve as a primary departmental liaison for financial reviews and internal and external audits.Review financial and operational information, workflows, and reporting processes to identify risks, process failures, and opportunities for improvement. Develop and implement improvements that enhance efficiency, transparency, and financial reporting and analytics.Formulate, implement, and interpret financial and operational policies and procedures consistent with departmental, campus, and University requirements. Communicate and collaborate with University offices, campus officials, and other stakeholders regarding departmental financial matters and participate in campus- and system-level initiatives as appropriate.Direct and oversee finance staffing, including recruitment, onboarding, training, work assignment, supervision, performance management, and professional development. Foster a collaborative, service-oriented culture focused on accountability and continuous improvement.Provides financial information to other University Units.Maintain knowledge of and proficiency with University financial accounting systems.Administers activities related to the fulfillment of the role of the function of the office of finance.Perform other related duties and participate in special projects as assigned.Minimum QualificationsBachelor's Degree in Business Administration, Accounting, Finance, or a related field.A minimum of 5 years experience with healthcare financial management in a University setting.Preferred QualificationsMaster's Degree in Healthcare Administration, Business Administration, Accounting, or a related field.Illinois Certified Public Accountant (CPA). Knowledge of budgeting, forecasting, financial analysis, and federal regulations.Benefits and CompensationThe previously determined salary range for this position is $90,000.00 to $125,000.00. We strive to provide a competitive salary, considering factors such as available market data, internal equity, candidate experience, and qualifications. The final salary will be determined through a thorough assessment of these elements. This position is intended to be eligible for benefits. This includes Health, Dental, Vision, Life Insurance, a Retirement Plan, Paid time Off, and Tuition waivers for employees and dependents.Please visit our department website at . Applicants must apply online at and reference Job Requisition 1042753 and submit a CV, cover letter, and three names of references by 09/17/2026. The application review process will start after posting close date and will continue until the position is filled. The start date is flexible.The University of Illinois System is an equal opportunity employer, including but not limited to disability and/or veteran status, and complies with all applicable state and federal employment mandates. Please visit Required Employment Notices and Posters to view our non-discrimination statement and find additional information about required background checks, sexual harassment/misconduct disclosures, and employment eligibility review through E-Verify.The university provides accommodations to applicants and employees. Request an AccommodationArtificial Intelligence (AI) tools may be used in some portions of the candidate review process for this position, however, all employment decisions will be made by a person.