The Budget Director reports directly to the Vice President for Finance and Administration (VPFA) and is responsible for operations and processes of the University Budget Office. This position plans, organizes, directs, and coordinates the activities of the Budget Office, including preparation of the annual unrestricted operating budget.
Collaborates with staff and key stakeholders to establish unit goals and procedures for assessing goal attainment. Ensures that unit goals are assessed at regular intervals and assessment findings are considered by appropriate stakeholders and used in ongoing planning. When appropriate, develops action plans that are based on assessment findings, consistent with unit, division and institutional missions, and linked to resources.
Direct the functions and activities of the University’s annual budget process, including the development of budgeting assumptions, analysis of budget initiatives and presentation materials for the Cabinet and the Board of Trustees (BOT).
Supervise the activities of Budget Office staff engaged in budget preparation and administration.
Direct the review of University-wide budget performance on a quarterly and annual basis; identify variances, and recommend additional allocations and possible reductions.
Develop goals, policies and procedures for the Budget Office and ensure compliance; assign, delegate, review and evaluate the work of assigned staff; coordinate staff training, review performance, and recommend improvements as necessary.
Provide financial information, forecasting, and analysis to Vice President for Finance and Administration (VPFA), the Cabinet, BOT and other University leaders to support decision making.
Manage the preparation of quarterly and annual budget reports to appropriate University leaders and BOT
Monitor and analyze the budget impact of Enrollment, Financial Aid, Auxiliary Enterprises and other projections.
Consult with the VPFA on a continual basis to determine the financial impact of alternative financial decisions. Assist the VPFA and Cabinet in the development and implementation of strategies to address market and economic fluctuations (eg Enrollment Trends, COLA, etc.)
Monitor current funds revenues and expenses and provide variance analysis and explanation as needed.
EDUCATION, EXPERIENCE & SKILLS REQUIRED:
Bachelor’s degree in Finance, Accounting; MBA or Masters degree perfered.
Seven years of progressive responsibility in finance and or budget administration; preferably in higher education.
Experience with Workday financials highly desirable.
Ability to establish and maintain effective work relationships with faculty, staff, and senior leaders.
Ability to provide administrative guidance within area of responsibility, providing direct training and supervision as needed.
Ability to apply budgetary and fiscal planning techniques within financial constraints.
Ability to organize work effectively, conceptualize and prioritize objectives and exercise independent judgment based on an understanding of organizational policies and mission.
Ability to communicate effectively -orally, by phone, in person, and in writing.
Ability to work effectively with database systems, MS Office, personal computer and other office equipment.
About University of the Sciences
At University of the Sciences, we are building on a life sciences legacy begun almost two centuries ago as Philadelphia College of Pharmacy, which remains one of our four colleges today. From treating, researching, and studying diseases and cures on a molecular level to the medicines that improve the lives of people worldwide, USciences is about moving life forward.