Assistant Vice President for Financial Planning, Budgeting, and Analysis
Reporting directly to the CFO, VP for Finance and Treasurer, the Assistant Vice President for Financial Planning, Budgeting, and Analysis (AVP FPB&A) is responsible for providing effective leadership and direction over all policies, practices, and procedures related to the development and management of the University's multi-year financial plan, $250M annual operating budget, $15M annual capital budget, responsibility center management (RCM) model, and all related financial forecasts, variance analyses, etc. The AVP oversees the daily activities of the University's Budget Office, manages a team of three professionals (one Manager and two Senior Analysts), and coordinates the efforts of Divisional Budget Managers. The AVP is a strategic partner with various campus leaders, including the Provost, Vice Presidents, and Deans.
Essential Duties and Responsibilities
Provides strategic leadership in advancing a best-in-class Financial Planning, Budgeting, and Analysis operation by continuing to enhance existing processes and implementing best practices in the Budget Office and as part of the timely development, oversight, and management of the University's annual operating and capital budgets, as well as the various Divisional components thereof and related collaboration with key staff.
Manages a talented team of financial professionals and provides direction, oversight, guidance, development, goal setting, project prioritization and scheduling, and performance management.
Develops and implements technology and other solutions and critical time lines that support the University's strategic plan, multi-year financial plan, annual budget, quarterly forecasts, monthly GAAP basis financial reporting packages, and related ongoing financial analyses.
Collaborates with the Financial Planning and Budgeting Advisory Committee (FPBAC) to explore continuous process improvement opportunities, including ongoing enhancements to the inaugural Stevens RCM Model.
Develops collaborative relationships with the CFO, other members of the President's Cabinet, the Academic Council, and key colleagues on their respective teams, including Finance Division Senior Staff and all Divisional Budget Managers, to provide support and promote a best-in-class environment that includes allocating financial resources based on thoughtful planning.
Provides support to the CFO in developing presentation materials and financial analyses for various meetings, including the FPBAC, President's Cabinet, Board of Trustees, Finance Committee, rating agencies, etc. Assists with conducting presentations.
Required Education: Bachelor's degree in finance, accounting, business administration, or a related discipline
Preferred Education: Master's degree in finance, accounting, business administration, or a related discipline
Required Experience: Minimum of 8 years of progressively responsible budget/finance related experience in a large organization
Preferred Experience: Financial planning & budgeting experience in the higher education sector, including work with RCM models
Required Knowledge, Skills and Abilities:
- Excellent financial analysis, financial modeling, and technology skills; familiarity with RCM or equivalent budget models
- Strong communication and presentation skills, including the ability to explain complex financial information
- Effective leadership and management skills; ability to mobilize a team of professionals to complete high quality work on time; ability to collaborate with various levels
- Ability to work as a self-starter and problem solver, with minimal direction and oversight
- Capacity to perform at a high level of excellence and create a best-in-class operation, with strong attention to detail.
Physical Requirements: Required to travel between the Finance Office (located off-campus in Hoboken, NJ) and the main campus (less than a mile from the Finance Office). Also required to travel to various administrative offices on the main campus.
Division of Finance
General Submission Guidelines:
In order to be considered a candidate for any job at Stevens, you must submit an online application. Please attach a cover letter and resume with each application. Other requirements for consideration may depend on the job.
Still Have Questions?
If you have any questions regarding your application, please contact [email protected]
Stevens Institute of Technology is an Equal Opportunity Employer. Accordingly, Stevens adheres to an employment policy that prohibits discriminatory practices or harassment against candidates or employees based on legally impermissible factor(s) including, but not necessarily limited to, race, color, religion, creed, sex, national origin, nationality, citizenship status, age, ancestry, marital or domestic partnership or civil union status, familial status, affectional or sexual orientation, gender identity or expression, atypical cellular or blood trait, genetic information, pregnancy or pregnancy-related medical conditions, disability, or any protected military or veteran status.
Stevens is building a diverse faculty, staff and student body and strongly encourages applications from female and minority candidates as well as veterans and individuals with disabilities. Stevens is a federal contractor under the Vietnam Era Veterans' Readjustment Assistance Act (VEVRAA) and the Rehabilitation Act of 1973, as well as other federal statutes.
Jeanne Clery Disclosure:
In accordance with the Jeanne Clery Disclosure of Campus Security Policy and Campus Crime Statistics Act (Clery Act), the Department of Public Safety is required to publish an annual security report which includes statistics mandated by the Clery Act. You can obtain a copy of this report by accessing the following web site: http://www.stevens.edu/sit/police