Assistant Budget Director

Job Details

Description

The anticipated hiring range for this position is $75,000 to $90,000. Hiring offers will be determined based on the final candidate’s qualifications and experience. The recruiter can share more information about what the anticipated hiring salary would be based upon your specific qualifications during the selection process.

The CIA offers a substantial benefits package that includes medical coverage available at no cost to qualifying employees, dental insurance, vision insurance, life insurance, short and long term disability insurance, retirement savings plan with high employer contributions, a generous paid time off program, and more!

As the benefits package at the CIA results in a significant value above the base hiring salary for this position, we encourage you to apply so that our recruiters can share more information with you about the benefits of working for the CIA.

Position Summary

The Assistant Budget Director plays a major role in meeting the budgeting, financial planning, and fiscal reporting needs of the college. The Assistant Budget Director will regularly interface with budget owners and the college’s executive leadership team, providing guidance and support for decision making, investigating budget variances, assisting with day-to day and budget cycle processes and system related questions. Additionally, this role conducts both detailed and high level review of data for use in decision making, regarding the annual operating budget, point in time budget analysis and year-end projections. The Assistant Budget Director will have access to confidential data and will participate in sensitive discussions and is responsible for conducting duties in a manner that maintains the privacy of the Budget function and financial data at the college.

Essential Responsibilities

• Works with the Budget and Finance Directors to ensure the financial systems meet the functional and informational needs of the division, leadership team and greater organization for budget development, performance monitoring and forecasting purposes.
• Provides system and technical support to the budget function, from user support to identifying business/system requirements and options, to the development and execution of solutions that create efficiencies and leverage the CIA’s financial technology.
• Functions as a system administrator within Hyperion Enterprise Planning & Budgeting Cloud Service, encompassing job duties associated with the technical aspects related to phase-implementation, changing requirements, maintenance and troubleshooting of financial system and any associated modules, applications, and data feeds. Acts as liaison with IT and third party vendors on system related needs.
• Maintains and progresses system design to accommodate process improvements, changing requirements or business needs. This includes key aspects of the system, g., calculations and process rules.
• Aligns system data for department and account hierarchy with Accounting requirements and Oracle Financials data structure.
• Creates and maintains user security for budget owners, including detailed designation of access to departments for writing, viewing, and reporting purposes.
• Provides guidance to budget owners, uses independent judgement in decision making and acts as back-up to Budget Director in periods of absence.
• Develops, supports, and enforces policies as they pertain to budget matters.
• Performs wide range of analytics on revenues and expenses and evaluation of Business Units as needed.
• Provides recommendations for areas of focus or further investigation to the Budget Director and Vice President of Finance.
• Prepares and presents data and analysis for use in executive level presentations and communications as needed to support VP, Budget and Finance Directors using charts, graphs, and PowerPoint slides, as needed.
• Reviews budget performance results and investigates discrepancies when appropriate.
• Supports Department Heads and budget owners, with funds availability, investigating specific questions regarding financial transactions and line item budget variances.
• Researches budget data issues and provides independent guidance or makes higher level recommendations when required.
• Calculates and enters adjusting entries to budget data in Hyperion Planning, as needed during the budget process, and for correction, reclass and/or transfer.
• Uses best practices for validating accuracy of system data as needed throughout analysis and entry processes.
• Actively participates in team projects as assigned.
• Assists in special ad-hoc financial reporting and analysis projects.
• Any and all other duties as required.
  
  

Education

REQUIRED QUALIFICATIONS

• Bachelor’s degree with a concentration in accounting or finance, or a related field of study.
  
  

Experience

• Five to seven (7) plus years of experience in budgeting/financial analysis and/or accounting, inclusive of both internal and external reporting.
  
  

Preferred Qualifications

• Technical experience with financial software, including user access and security, meta data maintenance, user interface, business rules and data feeds.
• Ability to extract data from a standard financial reporting system, such as Oracle Hyperion using SmartView in Excel. Prior experience using budgeting software.
• Previous experience with Oracle Hyperion will be an asset.
  
  

Required Skills

• Strong computer experience, which must include abilities to work effectively with MS Office suite products, i.e. Word, Excel, PowerPoint. Strong analytical skills with the ability to analyze and prepare detailed spreadsheets and reports.
• Ability to create read and interpret financial statements and financial reports clearly and succinctly.
• Detail oriented and thorough.
• Strong organizational, interpersonal and communication skills with the ability to work independently, as well as part of a team within all levels of the organization.
• Ability to perform multiple financial projects effectively simultaneously.
  
  

WORKING CONDITIONS

• Must be available to work nights and weekends as required due to business needs.
• Regular work requires a great deal of sitting and standing for extended periods.
• Regular work requires the use of a computer, sometimes in excess of eight (8) hours per day.