Director of Budgets

Description/Job Summary

The Director of Budgets is the senior level individual responsible for providing leadership, stewardship, oversight, budgeting, and administration of all campus operating and capital funds.

The Director of Budgets reports to the Vice President for Finance and Administration. The Director of Budgets works closely with the college president, the president's cabinet, deans, directors, and department chairs to provide subject matter expertise and guidance regarding the college’s multiple fund operating budget. In addition, the position leads the Budget Office in delivering timely, accurate, and meaningful information to support strategic decision-making.

Under the direction of the Vice President, the, Director of Budgets is responsible for the analysis of budget related legislation, serves as liaison with senior administration and the President’s staff, and prepares the annual campus State budget request. The Director will be a collaborative, strategic, forward-looking thinker and doer who demonstrates integrity, confidentiality, and attention to detail.

Responsibilities/Duties

• Oversee all aspects of the preparation, communication, maintenance, analysis, and oversight of the College’s operating and capital budgets. Make policy recommendations for budgetary changes as appropriate;
• Work closely with internal stakeholders and provide leadership in the development and implementation of the College’s operating and capital budgets;
• Prepare annual budget allocation correspondence College-wide to include an analysis of issues that impact each area. Respond to requests for budgetary information;
• Analyze drivers, trends, and make recommendations based on the analysis of the data;
• Develop projections and evaluate the impact resulting from budget variances. Develop, maintain, analyze, and present financial reports related to operating budgets, revenues and expenses;
• Analyze enrollment data and identify revenue and expense trends;
• Monitor actual tuition revenue against projections and provide necessary variance reporting;
• Updates and maintains end-user documentation related to budget-related applications and processes and oversees complex reconciliations and variance analyses.
• Monitors funding sources, agency expenditures, and allotments while ensuring compliance with legislative intent, accounting regulations and audit compliance;
• Reviews financial analysis and assists in the preparation of the College’s consolidated financial statements in conjunction with the Controller’s Office;
• Assists in the preparation of financial reports required for internal and external auditors, state regulators, governmental agencies, board of trustees, and other interested parties; Assists in ensuring compliance with grants and contracts;
• Conducts annual performance evaluations, supervises subordinate staff and establishes work performance goals, recommends organizations and staffing needs to the Vice President for effective and efficient operation of the financial services area;
• Develop and implement ad-hoc reports in response to inquiries as needed or requested; analyze findings into recommendations; Serves on college-wide committees and councils and perform other related duties as required by the vice president;
• Performs all other related duties as assigned.

Required Qualifications

• Education: Bachelor’s Degree in Accounting, Finance, or Business or related field from an accredited college or university;
• Minimum of ten (10) years of progressive, relevant work experience in budgeting or accounting;
• Five (5) years of supervisory experience.

Preferred Qualifications

• Master’s Degree in business field or CPA;
• Experience in a non-profit environment or similar non-profit organizations preferred;
  
• Experience working in the public sector.