Director of Budget Operations

## Director of Budget Operations Apply remote type:
Remote Type
- Hybrid locations:
Posting Location
- William & Marytime type:
Full time posted on:
Posted Todayjob requisition :
JR101949
** Job

Requisition :
** JR101949 Director of Budget Operations (Open)
** Job Posting

Title:

** Director of Budget Operations
** Department:
** CC00456 WM001 | WMUO | Budget & Financial Planning
** Job Family:
** Staff - Budget
** Worker Sub-Type:
** Regular (benefited)
** Job

Requisition Primary

Location:

** William & Mary
** Primary Job Posting

Location:

** Posting Location - William & Mary
** Job Description

Summary:

** Reporting directly to the Chief Budget Officer, the Director of Budget Operations directs the development of the University’s overall operating budget by directing the allocation, monitoring, and evaluation of the University’s internal budget to ensure adequate funds are available. Specific responsibilities include, but are not limited to:  
• Overseeing the university’s operating budgets across all fund sources and related financial transactions totaling over $ annually.  
• Cooperatively drafting the William and Mary annual operating budget using advanced financial forecasting methodologies with the Chief Budget Officer.  
• Work in conjunction with institutional leadership to evaluate and forecast potential tuition/fee and enrollment changes.  
• Collaboratively draft the official William and Mary six-year plan with both the Chief Budget Officer and senior leadership throughout the institution.  
• Brief the Chief Budget Officer and Provost on complex financial topics including proposed budget, financial forecasts, scenario analysis, and strategic planning.

• Monitor, track, and interpret state and federal executive/legislative actions to determine institutional fiscal impacts. Communicate these findings to executive leadership at William and Mary.  
• Coordinate with data control on designing and maintaining the foundational data model/chart of account elements for William and Mary.  
• Meet monthly with associate deans, CIO, directors, and Foundation CFOs to understand and quantify their resource needs each year for consideration in the annual budget, evaluate off-cycle budget requests, and complete financial reconciliations.  
• Serving as a functional area leader and steering committee member for financial system transitions such as William & Mary’s Enterprise Resource Planning system upgrade to Workday.  
• Monitor state appropriation and allotment and submit transfers and adjustments as needed.  
• Writing and preparing resolutions for BOV action related to the Six-Year Plan, Operating Budget, tuition and fees, etc.  
• Creating and compiling presentation materials for the Board of Visitors.  
• Participate in institutional advisory committees on assorted strategic topics and provide detailed financial analysis as requested.  
• Manage Master Service Agreements with 10 W&M Foundations and coordinate invoicing/payment.  
• Developing state operating budget amendments for submission to the Governor and General Assembly consistent with the university’s six-year plan.  
• Independently reviewing, revising, and approving, all operating transactions required to be entered into the Commonwealth’s Performance Budgeting System.  
• Monitoring revenues and expenses for conformance to budget and developing recommendations for budget adjustments as appropriate.  
• Coordinating detailed financial research and analysis as requested to support leadership.  
• Maintaining data and creating reports from the university and state financial systems as needed.  
• Providing fiscal assistance, guidance, and training to units as needs dictate, and in response to requests, prepare, submit, and approve budget   
• Managing central budget office staff and division of workflow for 5 direct reports.
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* Job Description:

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* Required Qualifications:

*** Master’s degree or an equivalent combination of education, experience, and training.
* Substantive professional experience and specialized expertise directly related to the position.
* Demonstrated experience developing and managing budgets for a large-scale organization including comprehensive knowledge of the…