Director, Budget, Planning and Analysis

Job Description:

Reporting directly to the AVP for Financial Strategy and Planning, the Director of Budget, Planning and Analysis manages the work of the 3-5-person Central Budget Office and is responsible for the management and administration of the universityâ™s annual financial planning cycle, including the $1.3B operating budget. The Director works closely with AVP  and Director of FP&A to establish priorities to advance the universityâ™s financial planning processes and the services provided to the university community, while ensuring the budget and supporting processes support the universityâ™s missions and priorities.

Major Responsibility: Direct the design, development, communication, and management of the universityâ™s annual budget, forecasts, and other financial planning processes, 60%

Supporting Actions:

• Work closely with AVP and Director of FP&A to establish priorities to advance the universityâ™s financial planning and management, including strategic planning and sequencing. 
• Develop budgets, pro-forma financial projections, complex financial analyses, hypotheses, and multi-year forecasts that reveal key drivers of economic value and facilitate strategic decision-making.
• Develop and implement strategies for modeling and projecting; financial reporting; identifying and explaining variances; expense reduction and/or reallocation; and revenue enhancements.
• Manage annual university-wide planning processes, including designing and communicating procedures for the development and submission of budgets, forecasts, multi-year financial plans, capital plans, and financial reporting; oversee the objective analysis of department and unit financial performance; prepare supplemental narratives to support the quantitative analysis; establish and communicate related financial policies and guidance.
• Review budget submissions (university-wide) for accuracy and consistency, including preliminary validations and analysis and objective recommendations on departmental requests, including those of the Portfolio team.
• Analyze and evaluate interim results, budgets, forecasts, and financial reporting ahead of engagement with the CFO, Provost, Executive Vice President of Finance and Administration, President, and the Corporation.
• Frame key questions and developing recommendations to help inform decision making among University leaders; synthesize findings and determine short- and long-term ramifications for all stakeholders.
• In conjunction with the AVP, serve as a key business owner for the universityâ™s budget system, Adaptive Insights, and ensure the system is leveraged and integrated to the universityâ™s ERP system, Workday, to its highest and best use.
• Collaborate with the Managing Director of Workday Program at Brown and Business Systems Analyst on driving Adaptive design and development, enhancement of existing processes, and adoption of new functionality.
• Train and support financial staff on the business use of systems (including Adaptive and Workday), budget operations, procedures and best practices to ensure the effective use of those processes and systems across a diverse user community.
• Manage important special projects on a wide range of financial and strategic initiatives related to specific units and topics and the University as a whole.
• Understand the universityâ™s Chart of Accounts and work with the Chart of Accounts team and Controller to ensure the chart is consistently used to achieve both financial reporting and financial planning and analysis needs. Develop and communicate enhancements and modifications, as needed.

Major Responsibility: Develop strong relationships with the financial leaders of the universityâ™s schools, departments and units, and within the Finance Division, to collaborate on key strategic challenges and opportunities, 30%

Supporting Actions:

• Model and encourage a culture of openness and transparency in decision-making and information dissemination around important budgetary matters facing the university.
• Connect, engage, and solicit feedback regularly from a wide variety of stakeholders to share information and improve processes.
• Translate complex budgetary and financial information into clear presentations for a wide range of stakeholders.
• Establish a university-wide financial leadership affinity group, designed to create regular opportunities for this group to convene, share information, discuss challenges and opportunities, and influence policy/decision-making.
• Staff the University Resources Committee and provide financial reporting and analysis for other University committees and initiatives, as needed.
• Work closely with other groups within the Finance Division (including the offices of the Controller, Treasury, Workday) to better understand University-wide financial management issues that inform planning, reporting, and analysis.

Major Responsibility: Leadership and team building, 10%

Supporting Actions:

• Provide leadership determining the direction of the Budget teamâ™s priorities.
• Support the creation and implementation of OFSP goals, strategies and priorities.
• Promote broader participation in Finance Division initiatives and activities.
• Manage a team of high-performing staff, with a strong commitment to performance management and career development.
• Responsible for management decisions, hiring, promoting and other staff changes. 
• Recruit new staff as needed to strengthen and grow the team.
• Promote an inclusive, diverse, and innovative work environment.

Job Qualifications

• Bachelorâ™s degree required; Masterâ™s degree in business or finance or a related field and/or other professional certifications in business preferred.
• A minimum of 10 years of experience in budget and financial management, ideally in a university, academic medical center, or hospital environment. Alternatively, leadership experience within a highly decentralized non-profit, corporate or government setting with a number of business lines within an externally regulated environment.
• Supervisory experience preferred.
• Change management experience preferred.
• Excellent communication and interpersonal skills.
• Strong technical skills, including MS Office. Workday and Adaptive Insights experience preferred.

Background Checks : Criminal and Education Verification

In order to maintain 90% or greater universal vaccination rates on campus, all newly hired employees at Brown University must receive the final dose of the COVID-19 vaccine before they begin work, unless they are approved for a medical or religious exemption. For more information, please visit the Healthy Brown site. 

Recruiting Start Date:

2021-08-17-07:00

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Worker Sub-Type:

Regular

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Submission Guidelines:

Please note that in order to be considered an applicant for any staff position at Brown University you must submit an application form for each position for which you believe you are qualified. Applications are not kept on file for future positions. Please include a cover letter and resume with each position application.

Still Have Questions?

If you have any questions you may contact [email protected] .

EEO Statement:

Brown University is an E-Verify Employer.

Brown University is committed to fostering a diverse and inclusive academic global community; as an EEO/AA employer, Brown considers applicants for employment without regard to, and does not discriminate on the basis of, gender, sex, sexual orientation, gender identity, national origin, age, race, protected veteran status, disability, or any other legally protected status.