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Executive Director of Budget

Employer
Excelsior University
Location
Albany, NY

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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

The Executive Director of Budget reports to the Chief Financial Officer and is a member of the Fiscal Office Leadership Team at Excelsior University. The Executive Director’s primary responsibilities include:
  • Developing the unit level and aggregate level budgets for the University
  • Monitoring adherence to the approved budget
  • Analyzing budgetary data, budgetary requests, and interpreting and applying budget guidelines
  • Work with the Analytics and Data Science team to complete financial analyses of University results and needs.

    This is a full-time hybrid role with a minimum of two required days at Excelsior's home office of 7 Columbia Circle, Albany, NY, with the remainder of the days worked from home.

    Duties and Responsibilities:
  • Designs and implements effective budgeting policies and procedures.
  • Coordinates the annual budget planning process for operating and capital budgets, in conjunction with senior leadership.
  • Develops and maintains a budget monitoring process; provides to CFO and works with leadership as needed.
  • Prepares ad hoc financial projections to accompany a wide range of business plans related to academic and administrative initiatives.
  • Develops complex financial analyses and reports; develops and maintains the formal and informal forecasts; and conducts retrospective and prospective financial reviews of program plans.
  • Identifies variances between actual and budgeted financial results at the end of each reporting period and suggests revenue and spending improvements that increase results.
  • Provides outreach and support to all levels of university staff and leadership on budget development, financial analysis, and support for effective ongoing unit budget management.
  • Coordinates with executive leadership on university strategic goals and objectives to assist in aligning the budget in support of the overall goals and priorities of the University.
  • In partnership with other Fiscal Office leadership team, develops and maintains a robust financial reporting framework for the University and its operating units that meets the needs of the University, including executive leadership and academic and administrative departmental leaders.
  • Provides training to the unit budget managers and University staff on a variety of topics including forecasting, budget development, and financial forums.
  • Leads Budget Group sessions to inform and assist University budget leaders and managers understand and successfully manage their budgets.
  • Keeps up to date on best practices in higher education budgeting, data analysis, and technology, including AI, to increase innovation in budget development and management.
  • Partners with CFO and HR to plan for position control and maintain the university personnel budget and vacancy; prepares agenda and provides minutes for each meeting.
  • Works on a variety of university-wide initiatives as the fiscal representative to provide input on procedural efforts, operational efficiencies and effectiveness, budgetary impacts, and achievement of strategic goals and objectives.

    Qualifications: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
    • Bachelor’s degree in a business, finance, accounting, or related field or equivalent work experience is required. An MBA and/or CPA preferred.
    • 3-5 years budgeting
    • Strong analytical skills and familiarity with forecasting methods and data analysis.
    • Five years of progressively responsible, professional experience related to budgets, financial analysis, accounting, reporting and/or planning in a complex educational or other closely related organization is required. Experience managing finance and budget function in a medium- or large-size company/organization is preferred.
    • Knowledge of finance and budgeting principles and practices (including accounting), as well as analytical methods. Previous experience in a higher education institution is preferred.
    • Demonstrated skill in supervising staff, coordinating activities with other internal departments, analyzing, and interpreting complex financial and accounting information and preparing a variety of complex reports for internal use.
    • Outstanding written and verbal communication skills with the ability to effectively convey complex data to a wide array of audience.
    • Demonstrated leadership ability with a proven record of success in working with all levels of leadership and staff in a rapidly changing and complex organization.
    • Excellent judgment and creative problem-solving skills.
    • Hands-on experience with accounting software and statistical packages
    The hiring salary range for this position is $110,000.00 - $125,000.00. The hiring salary range above represents the University's good faith estimate at the rime of posting.
  • Application Information

    If you have problems with online submission, please call 518-608-8270.

    Excelsior University offers competitive compensation and a generous benefits package that includes paid time off, retirement, and excellent health insurance. Interested candidates should submit a letter of application, resume, and the names of three professional references. Please submit requested information by clicking the Apply Now button on this page.

    Excelsior University is an equal opportunity employer committed to ensuring all qualified applicants receive consideration for employment without regard to any legally protected characteristic.

    AA/EOE/ADA

    Excelsior University is an equal opportunity employer committed to ensuring all qualified applicants receive consideration for employment without regard to any legally protected characteristic.

    Organization

    Founded as Regents College in 1971 and chartered as a private, nonprofit institution in 1998, the College was renamed Excelsior College in 2001. Excelsior means “ever upward” in Latin, and it reflects the aspirations of our students and graduates.

    Excelsior College is an accredited, recognized leader in removing obstacles to the educational goals of the adult learner. We provide efficient and affordable access to higher education through multiple avenues to degree completion.

    An Adult Learner Focus

    Excelsior College revolutionized adult higher education by recognizing learning wherever and whenever it occurs.

    A leader in online and distance learning, Excelsior College awards degrees at the associate and bachelor’s levels in liberal arts, nursing, business, technology, and health sciences, and at the master's level in liberal studies, nursing, and business. Certificate programs are also offered by the Schools of Business & Technology, Health Sciences, Liberal Arts, and Nursing.

    Customized Flexibility Makes the Difference

    Students have educational paths that are as unique and diverse as they are. Detours and rest stops are a fact of life. Our committed, national faculty members, and caring, professional staff help working adults overcome barriers to achieving personal, professional, and academic success.

    As a proven leader in the assessment and validation of student knowledge through the application of a rigorous yet flexible and individualized approach, we work with each student to discover how best to avoid back-tracking on their road to success.

    Our Mission

    Excelsior College provides educational opportunity to adult learners with an emphasis on those historically underrepresented in higher education. The College meets students where they are - academically and geographically, offering quality instruction and the assessment of learning.

    A Pioneer in Distance Learning


    We offer busy students around the world the advantage of both earning credit at a distance and applying previously-earned college-level credit toward degree or certificate programs.

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