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Chief University Budget Officer

Clark University
Worcester, MA

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Executive Administration Jobs
C-Level & Executive Directors
Administrative Jobs
Institutional & Business Affairs, Business & Financial Management
Employment Type
Full Time
Institution Type
Four-Year Institution

Job Details

Category:: Staff and Administrators
Department:: FIN-Planning and Finance 5320
Locations:: Worcester, MA
Posted:: Jan 24, 2024
Closes:: Open Until Filled
Type:: Full-time - Exempt
Position ID:: 171983

About Clark University:

Founded in 1887, Clark was one of the first all-graduate institutions in the United States. Today the University is a highly-ranked, student-centered institution educating approximately 2,350 undergraduate and 1,150 graduate students to be imaginative and contributing citizens of the world and to advance the frontiers of knowledge and understanding through rigorous scholarship and creative effort. This commitment to scholarship and inquiry reflects the University's commitment to "challenge convention and change our world" and to address issues of critical importance to society. It is also reflected by Clark's many national and international distinctions, including recognition for its diversity and inclusion efforts, innovation, community engagement and impact, as a top green campus, and for having a distinguished geography and international development program. Clark has also been included in the groundbreaking Colleges that Change Lives guide since it was first published in 1996.

Clark is located in Worcester, Massachusetts, a dynamic, diverse city "on the rise." The second largest city in New England, Worcester is home to 11 institutions of higher learning and is increasingly recognized for its growing healthcare and biotechnology communities, its thriving cultural scene, and as a vibrant food hub.

Job Description:

The Chief University Budget Officer (CUBO) reports to the Executive Vice President/Chief Financial Officer (EVP) and is responsible for the development of Clark's annual $160 million operating budget and five-year financial plan, as well as monitoring and analyzing actual performance. Works closely with the leadership of the University and the Board of Trustees to enable the implementation of the strategic priorities of the institution. This role is responsible for developing and directing effective budget and planning processes, performing high quality financial analyses and financial modeling along with actionable recommendations, and communicating financial information and insights to senior leadership, vice presidents, deans and department and program administrators. In coordination with the EVP, helps staff the Finance Committee of the Board of Trustees and the Provost's Planning & Budget Review Committee.

Primary Position Responsibilities:

  • Strengthen the University's budgeting and financial planning and support strategic decision-making by developing a comprehensive understanding of the financial complexities and competing needs of the organization, and developing useful and robust analyses and long-term financial models to inform discussions of critical issues.
  • Develops strong, collaborative relationships with senior leadership, department and program administrators, faculty, staff, and members of the Finance Committee of the Board of Trustees. Communicates effectively regarding the financial health of the organization in the context of the strategic priorities of the University.
  • Partners with the Controller to ensure the overall management of the financial functions of the University.
  • Works closely with the Offices of the Provost and Human Resources and Organizational Excellence to ensure budget alignment and support for the recruitment, hiring and retention of all employees.
  • Works closely with the Vice President for Planning and Strategic Initiatives and Vice President for Information Technology Services to ensure budget alignment and support for operational services, deferred maintenance projects and major capital improvements.
  • Performs financial analyses in key operating revenue and expense areas to identify key drivers, trends, benchmarks, risks and opportunities, and recommends appropriate actions. Develops and presents financial reports, metrics and analyses to increase understanding and improve decision-making.
  • Maintain the University's financial forecasting and modeling software to enhance strategic financial planning, budgeting and reporting tools.
  • Work with senior leadership and business unit leads to create analytical approaches and tools for sensitivity analyses that incorporate key drivers such as new academic programs, enrollment, tuition and discount rates, and labor and expense data to project the impact of changes or new assumptions on budget and multi-year plan outcomes.
  • Develops and leads an operating and capital budget process that is holistic and transparent to meet the current and future needs of the University. Works with senior leaders to provide budgetary and analytic support to optimize the deployment of resources. Proactively works with department leaders to improve financial outcomes.
  • Works closely with the Office of the Provost to support development and management of the budget for the academic program, including faculty staffing, departmental budgets, and support for institutes and centers. Provides support to the Provost's office in determining optimal funding sources for academic program priorities and maximizing the use of endowed funds.
  • Works with University Advancement, Financial Services, the Provost, and individual departments to budget and track spending of gifts and endowed funds.
  • Leads efforts by identifying and engaging with division, department and program leaders to implement changes in processes and systems to improve service and cost effectiveness in support of the University's programs and mission.
  • Provides leadership to the Business and Auxiliary Services Office which is responsible for oversight of the campus bookstore, food service contract and procurement functions.
  • Responsible for managing the university process and procedures for Position Control to support near-term data needs and longitudinal reporting in consultation with key offices.
  • Develop a Position Control methodology, tool and infrastructure that provides operational transparency, accountability and usability to leaders within the University.
  • Responsible for managing the university process and procedures for Position Control to support near-term data needs and longitudinal reporting in consultation with key offices.


  • Bachelor's degree required. MBA or Master's degree in finance or related field preferred.
  • At least 5-7 years of well-rounded financial and management experience, preferably in a higher education environment, including:
  • Extensive budgeting and financial planning experience as well as a solid track record in related areas such as financial reporting, financial analysis, and strategic planning. Thorough understanding of not-for-profit accounting principles.
  • Experience leading, motivating and mentoring diverse teams to perform at high levels of efficiency and effectiveness. Ability to gain the respect and cooperation of others and to influence people with varying levels of authority without direct authority.
  • Experience working in a collaborative environment in which results are achieved through partnerships and collaboration, preferably in higher education or similar not-for-profit arena.
  • Able to communicate effectively, both orally and in writing. Must be able to design and present financial information and reports to a variety of audiences and financial skill levels.

Exceptional analytical capabilities:

  • Highly organized with the ability to apply strong problem-solving skills and sound judgment in reaching conclusions and creating actionable results, noting implications and providing insights for the University.
  • Skilled at developing and presenting performance metrics, analyses, and financial reports that guide decision making. Strong experience performing higher-level financial analyses, including ROI, dashboards, cost/benefit and break-even analyses.
  • Aptitude to quickly grasp the business of the University and a thorough understanding of accounting and financial principles.
  • Previous experience and facility using ERP systems, databases, and reporting tools as well as Microsoft Office tools
  • Ellucian Banner and advanced Microsoft Excel skills preferred
  • High energy level with a bias towards data-driven actions and a drive for results.

Prior experience working with and contributing to a diverse workplace with the ability to interact effectively with a broad range of constituents on campus.

Additional Information:

As of June 1, 2023 Clark University no longer requires employees or students to be vaccinated against COVID-19. However, Clark urges all community members to follow CDC guidelines for COVID-19 vaccination, which recommend that everyone stay up to date with COVID-19 vaccines including booster doses. This is important for your own personal health as well as the health of our community.

At Clark University, we are dedicated to building a workplace that celebrates diversity and fosters inclusion. We believe that diversity of experiences, perspectives, and backgrounds leads to a more innovative and productive work environment. Our commitment to diversity, equity, and inclusion is reflected in our hiring practices, employee development programs, and campus culture. We welcome and encourage individuals of all backgrounds to join our team and contribute their unique ideas to help us achieve our goals.

Clark University embraces equal opportunity as a core value: we believe that cultivating an environment that embraces and promotes diversity is fundamental to the success of our students, our employees and our community. This commitment applies to every aspect of education, services, and employment policies and practices at Clark. Our commitment to diversity informs our efforts in recruitment, hiring and retention. All positions at Clark share in the responsibility for building a community that values diversity and the uniqueness of others by exhibiting integrity and respect in interacting with all members of the Clark community to create an atmosphere of fairness and belonging. We strongly encourage members from historically underrepresented communities, inclusive of all women, to apply.

Clark University offers a generous benefit package for full and, if applicable, part-time employees that include; paid time off, generous retirement plan, group health and dental insurance, life insurance, and tuition, along with use of many campus amenities. For a complete list of benefits for eligible employees visit here.

To review the Clark University Police Department Annual Security and Fire Safety Report visit here.

Application Instructions:

To be considered for this position, you must submit your credentials online. Create a Clark University Careers Account by clicking on the APPLY NOW button below. You will be able to upload the following documents, which are required for consideration:

  • Resume
  • Cover letter

See the FAQ for using our online system. Please contact us if you need assistance applying through this website.

Already have a Clark University Careers Account? Login to your account to add documents or update your account.

Review of applications will begin immediately and continue until the position is filled. Salary will be commensurate with skills and experience.

Applicants must be currently authorized to work in the United States for any employer.

A successful background check is required upon acceptance.


Working at Clark University

A relentless force for positive change

Founded in 1887, Clark University is a liberal arts-based research university committed to scholarship and inquiry that addresses social and human imperatives on a global basis. It is the place where Robert Goddard invented the modern rocket, where Sigmund Freud delivered his only lectures in the United States, and where current students stake their claim to the Clark motto, “Challenge Convention. Change Our World,” which is the rallying cry that inspires our community every day.

Located in the heart of New England — Worcester, Massachusetts — Clark University educates its approximately 2,200 undergraduate and 1,100 graduate students to be imaginative and contributing citizens of the world, and to advance the frontiers of knowledge and understanding through rigorous scholarship and creative effort.

A university on the cutting edge of higher education

Clark is a world-class research university that is small by design, giving students the rare opportunity to contribute to pioneering research projects and to benefit from hands-on experience, close collaboration with peers, and the individual mentorship of faculty.

LEEP (Liberal Education and Effective Practice) is Clark’s pioneering model of higher education,  compelling students to thrive in authentic world and workplace settings, and preparing them for lives and careers of consequence. Clark is the only university to make the development of “capacities of effective practice” an explicit learning requirement for its undergraduates. Critical to success in today’s world, these capacities include imagination, self-directedness, resilience, and the ability to manage diversity and uncertainty. A Clark education reflects a belief in the enduring value of liberal education, as well as the University’s efforts to more deeply attune students’ learning experiences to the profound changes underway in our economy, our society, and our democracy.

The Clark graduate experience reflects the importance of “engaged scholarship” — an innovative educational approach that connects students to the people and organizations intimately familiar with (and working to address) the issues they are passionate about, and that places a premium on effecting measurable outcomes.

Committed to research that advance knowledge and impacts society

The Clark University faculty is composed of world-renowned researchers who foster a culture of excellence in the next generation. At Clark, faculty and students are given the freedom and flexibility to pursue projects that transcend traditional disciplinary boundaries.

The University’s focused areas of research excellence are backed by strong Ph.D. and master’s degree programs that engage graduate students from around the world in such areas as biology, chemistry, economics, geography, psychology, urban education, management, environmental science and policy, Holocaust and genocide studies, and international development and social change. Clark faculty, students, and staff continually develop new ways of thinking and acting that have a positive impact on the lives — and livelihoods — of people throughout the world.

Clark's research profile is enhanced by the presence of a variety of research institutes and centers that build on a foundation of interdisciplinary scholarship: the Mosakowski Institute for Public Enterprise, the George Perkins Marsh Institute, the Higgins School of Humanities, the Jacob Hiatt Center for Urban Education and the Strassler Family Center for Holocaust and Genocide Studies.

Redefining our place in the world by immersing our community in it

Clark has redefined what it means to be a university in today’s interconnected world, forging robust partnerships with universities, educators, researchers, and business and community leaders at home and abroad, enabling its faculty and students to conduct in-depth research, work collaboratively to take on global concerns, and make a tangible difference. This diverse community of educators, researchers, and scholars challenge and inspire each other with their perspectives, insights, and determination. They are creative thinkers eager to defy conventional wisdom, devise inventive solutions to complex problems, and roll up their sleeves to get things done.

Clark itself plays a critical role in the health and well-being of its urban community, known as Main South, through the University Park Partnership — a national model for neighborhood revitalization. Working in tandem with the city of Worcester, Clark has been a change agent in the areas of housing and physical rehabilitation, education, economic development and social and recreational opportunities for residents. The University Park Campus School, which Clark operates in collaboration with the Worcester Public Schools, boasts an estimable record of high achievement and was recognized by President Barack Obama for its record of academic success.

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