The New School has recently established new lines of business for long-term institutional vitality and growth. This expanded portfolio of academically – related offerings includes 1) the creation of on-demand learning products and other services, 2) partnerships with outside entities, and 3) licensing agreements. These new offerings will help commercialize New School assets (brands, IP, and content).
The goal of these new lines of business is to provide growth and increased revenues through greater access to new audiences — e.g. regionally dispersed learners, cities and government entities, businesses and corporations, NGOs, and enterprises of all kinds. Important secondary goals are to expand visibility and enhance reputation for the university and to build a pipeline for additional future engagement with the university's other programs and offerings.
In order to accomplish these goals, a new business development unit has been formed – New School Ventures (N Ventures). The goals of this group are to test, incubate, and rapidly scale new activities which yield high-margin, sustainable streams of revenue. It is led by the Senior Managing Director for New School Ventures.
The New School is strongly committed to diversity and inclusion in the workplace and particularly seeks applications from members of underrepresented groups, as well as candidates who share this commitment.
Position Responsibilities
As this is a new business unit, the focus will evolve over time. It will begin as a highly entrepreneurial operation and a business incubator of saleable, commercial offerings, with the goal of developing a multi-million-dollar, self-sustaining line of business(es) that serves as profitable revenue streams for the university. This position will report to the Senior Managing Director.
Key Responsibilities:
Perform financial forecasting, reporting, and operational metrics tracking
Analyze financial data, report on financial performance and prepare for regular leadership reviews and other internal budget reviews
Analyze past results, perform variance analysis, identify trends, and make recommendations for improvements
Work closely with the accounting team to ensure accurate financial reporting
Evaluate financial performance by comparing and analyzing actual results with plans and forecasts
Provide analysis of trends and forecasts and recommend actions for optimization
Identify and drive process improvements, including the creation of standard and ad-hoc reports, tools, and excel dashboards
Increase productivity by developing automated reporting/forecasting tools
Perform market research, data mining, business intelligence, and financial evaluation of opportunities
Maintain a strong financial analysis foundation creating forecasts and model
Ability to adhere to University COVID-19 Policy
Work Mode: Remote – Employees are not required or expected to come to campus.
Salary Range: $40 – $50/hr
Start Date – January 3, 2023 End Date- August 25th 2023 Hours per Week: 30 – 35
Minimum Qualifications:
BS required (Bachelor's Degree in Accounting/Finance/Economics)
3+ years of business finance or other relevant experience
High proficiency in financial modeling techniques
Advanced knowledge in Excel with Formulas and functions
Experience with Workday
Strong analytical and data gathering skills
Good business acumen
Strong quantitative and analytical competency
Self-starter with excellent interpersonal communication and problem-solving skills
The New School, a leading university in downtown New York City, offers degree and nondegree academic programs in design, the social sciences, the liberal arts, management, the arts, and media. Students benefit from small classes, superior resources, and renowned faculty members who practice what they teach. Continuing education courses and public programs place the university at the center of New York’s cultural and intellectual life.