Director of Budget and Planning

Apply/Register Job no: 499241
Work type: Staff Full-time
Department: Business Affairs
Location: Wilf Campus, 500 West 185th Street, NY, NY
Categories: Accounting/Finance

Yeshiva University seeks a strategic, collaborative, and analytically driven Director of Budget and Planning to lead the University’s budgeting, financial planning, forecasting, and management reporting functions. Reporting to the Vice President for Finance & Administration and Chief Financial Officer, this is a key member of the University’s finance leadership team and plays a critical role in supporting institutional decision-making, resource allocation, including position control, and long-range financial sustainability.

The director oversees the development and administration of the University’s consolidated operating and capital budgets, financial forecasting processes, budget policies and controls, and management reporting. This position partners closely with senior leadership, academic and administrative units, and affiliate entities to provide financial guidance, strategic analysis, and operational support that advance the University’s mission and strategic priorities.

• Annual budget development:
  • Responsible for developing and compiling the annual operating budget.
  • Working with the Office of the Provost, Enrollment Services, and the Deans' Offices, develops enrollment projections and the related revenue forecasts.
  • Prepares special analyses and reports to support the budget process, along with budget schedules, narratives, and other presentation materials, and supports all University budget constituencies.
• Financial systems and reporting:
  • Oversees financial systems operations; designs, implements, and maintains the budget databases used for budget development, forecasting, and reporting.
  • Develops budget reports and forecasts using the budget database and specialized query tools.
  • Oversees Banner Finance system interfaces, including Banner HR/Position Control.
• Position control:
  • Supervises budget operations in maintaining the systems, databases, policies and procedures that provide budgetary control over the University’s personnel budgets.
  • This includes maintaining labor distribution assignments, processing budget transfers for all personnel appointment and change requests, analyzing and correcting suspense account entries, reconciling subsidiary systems to the general ledger, and preparing reports and analyses on personnel costs and savings.
• Forecasting and analysis:
  • Oversees development of revenue and expense forecasts and monitors performance.
  • Oversees budget and actual adjustments to address potential and actual overages, and works closely with budget center managers to maintain budgetary control.
  • Specific responsibilities include:
    • Developing monthly revenue and expense projections
    • Monitoring, analyzing, and reporting on variances between actual results and budget
    • Preparing periodic management discussion and analysis (MD&A)
    • Developing fringe benefit rates
    • Developing the University’s intramural overhead allocation methodologies
    • Identifying cost-saving opportunities
    • Preparing fiscal impact analyses of program and departmental initiatives
• Financial administration:
  • Develops and maintains budget and business process policies, internal budgetary controls, and reporting mechanisms.
• Communications and training:
  • Maintains ongoing communication with budget center managers on actual results of operations, projections of annual results, variances from budget, new or discontinued activities, and other financial concerns.

Required

• Bachelor's degree
• Seven to ten years of relevant accounting, financial, budget, and/or systems experience
• Excellent…