Location: Bowling Green, KY Category: Featured Jobs Posted On: Thu Oct 10 2019 Job Description:
Reporting to the Executive Vice President for Strategy, Operations & Finance (SOF), the Assistant Vice President for Budget, Financial Planning & Analytics provides leadership and direction for all aspects of budget development and continuous monitoring, analysis of budgetary data, forecasting multi-year financial plans, and legislative data requests. This position is also responsible with regularly evaluating current policies and procedures for efficiency and ensuring compliance with policies and provides excellent stewardship of University funds. The Assistant Vice President will also serve as liaison with the Council on Postsecondary Education, the Governor's Budget Office, and the Legislative Research Commission for studies and data requests, and the submission of the University's biennial budget request.
Primary Duties and Responsibilities
The following duties are customary for this position, but are not to be construed as all-inclusive. Duties may be added, deleted, and assigned based on management discretion and institutional needs.
Oversees budget development and implementation including the approved salary base, tracking revenue projections with actual collections, and monitors revenues and expenses to ensure accuracy, consistent with Board of Regents' actions and University regulations
Responsible for maximizing data available to University management and optimizing the return on financial assets by establishing financially analysis, forecasting, budgeting, policies, procedures, internal controls, and reporting systems
Prepares and reviews financial projections of outcomes, including analysis of budgetary and financial compliance
Develops planning models to analyze financial impact of operational changes, new program/department creation, strategic hiring plans, fluctuations in expenditures, capital projects, and other financial scenarios
Assist with the development of strategies, procedures, and policies that support efficient and effective allocation, management, and monitoring of campus resources through practices focused on achieving and investing in the vision and strategic plan
Provide leadership for a wide range of complex budget and financial responsibilities including, but not limited to, monitoring of budgets in close coordination with divisional leaders, providing analysis and reports, performing budget modeling and forecasting
Provides training for divisional/department budget administrators in all aspects of financial monitoring and reporting as needed
Supervises the Budget Analyst and Budget Office functions
Coordinates the submission of the University's biennial budget request submitted to the Council on Postsecondary Education, the Governor's Budget Office, and the Legislative Research Commission
Works with the Executive Vice President for SOF to provide University data and reports to the Council on Postsecondary Education
Partners with other KY Public Institutions' Budget Officers to discuss and collaborate on financial/budget issues as appropriate
Ensure timely and accurate communications to divisional leaders and institutional stakeholders on matters related to budget and financial issues. Serves as necessary on governance groups, committees, and other groups in relation to budget related matters
Facilitate appropriate internal and external reporting of the budget
Oversees the process of budget revisions and approval by the Board of Regents
Determines carry forward balances to be allocated to the divisions adhering to University policy
Ad-hoc requests as needed by the President or the Executive Vice President for SOF
Knowledge and Skills Required
Strong oral and written communication skills are required
Strong computer skills required with proficiency in Word, Excel, and PowerPoint
Excellent interpersonal skills and the ability to work effectively with a wide range of constituencies in a diverse community.
Sound analytical, critical thinking, and decision-making skills
Ability to give budget presentations
Ability to work on simultaneous projects while meeting deadlines
Minimum of 7 years direct experience working with budget or accounting functions in a university or community college is required
Ability to analyze financial data and prepare financial reports, gather and analyze statistical data and generate reports, statements and/or projections
Kentucky state law requires all public institutions of postsecondary education to conduct pre-employment criminal background checks to determine suitability for employment.
Western Kentucky University (WKU) is committed to a policy of providing equal employment and educational opportunities to all candidates. Western Kentucky University will not discriminate on the basis of race, color, ethnic origin, national origin, creed, religion, political belief, sex, sexual orientation, gender identity/expression, marital status, age, uniformed services, veteran status, genetic information, pregnancy, childbirth or related medical conditions, or physical or mental disability in admission to career and technical education programs and/or activities, or employment practices in accordance with Title VI and VII of the Civil Rights Act of 1964, Title IX of the Educational Amendments of 1972, Section 504 of the Rehabilitation Act of 1973, Revised 1992, and the Americans with Disabilities Act of 1990.
Persons with disabilities, who need reasonable accommodations to participate in the application and/or selection process, should notify the office of Equal Employment Opportunity/Affirmative Action/University ADA Services (EEO) at (270) 745-5121.
Western Kentucky University (WKU) prepares students of all backgrounds to be productive, engaged, and socially responsible citizen-leaders of a global society. The University provides research, service and lifelong learning opportunities for its students, faculty, and other constituents. WKU enriches the quality of life for those within its reach.