Position Title: Manager of Budget and Financial Planning
From its inception, Olin College has sought a team of faculty, administrators and support staff who understand its mission and can help to develop this innovative college in Needham, MA. As with many growing organizations, it is imperative to hire individuals who not only carry out their own immediate responsibilities, but who also can contribute to other offices, functions and activities outside the normal scope of a job description. In other words, we are looking for "team players" who understand and support the mission of the college.
Therefore, we will seek employees: who can handle a number of tasks simultaneously; who are hardworking, flexible and adaptable; who can see the big picture and reprioritize their work accordingly; who can work unsupervised and take initiative; who will look for ways to assist other staff when appropriate; who see themselves as an important member of a spirited and dedicated team; and who conduct themselves professionally.
General Duties and Responsibilities:
The Manager of Budget and Financial Planning serves as the subject matter expert for the budget, projection, and long-range planning processes. The successful candidate will develop, implement and maintain College-wide budgetary policies, processes and procedures and ensure that all systems and procedures are in compliance with federal and state accounting regulations, requirements and standards. The Manager represents Olin in the Budget community of practice within the Boston Consortium. The Manager of Budget and Financial Planning reports to the Assistant Vice President (AVP) for Financial Affairs with a dotted line to the VP for Financial Affairs and CFO/Treasurer.
Budget and Planning Responsibilities:
- Oversees the annual budget development and quarterly budget projection processes. This involves working collaboratively with the CFO, AVP for Financial Affairs and Budget Managers in departments to establish and manage the annual budget and quarterly projections.
- Monitors adherence to Board approved budgets. Maintains College-wide Operating Budget, Capital Budget, and Cash Budget.
- Designs, develops and maintains all long-term financial planning models to support the College’s strategy and mission.
- Works closely with Cabinet members to identify and analyze various financial and budgetary issues, evaluates budget requests, makes budget recommendations to the AVP for Financial Affairs and CFO and delivers comprehensive financial analyses to support strategic and financial planning efforts.
- Provides staff support to the Trustee Finance and Facilities Committee including drafting reports and providing analysis. Attends meetings as needed.
- Works collaboratively with the Financial Affairs team and across the College to share relevant information and streamline and improve budget and projection processes.
- Creates internal reports and analyzes large data sets for management.
- Oversees the use and maintenance of the system for budgeting, long-range planning and financial reporting (currently Adaptive Insights). Works collaboratively with the AVP for Financial Affairs and Chief Information Officer to oversee the system and coordinate any new system implementations and/or upgrades to the existing system.
- Maintains the Budget module in the college’s ERP system (currently Jenzabar CX)
- Trains and directly assists Budget Managers on budgetary compliance and budgetary procedures.
- Ensures that all departmental processes are adequately documented. Prepares, maintains, and keeps up-to-date the departmental policy and procedure manual(s)
- Other duties as assigned.
- Bachelor’s degree required.
- Master's degree in business administration (MBA) or certified public accountant (CPA) preferred.
- 5-7 years of related budget, projection and long-range planning experience required.
- Must have strong strategic and analytical ability, including experience in budget development, cost accounting, cost/benefit analysis, financial applications, and accounting systems.
- Must be able to work with limited direction and comfortable making decisions and/or recommendations to leadership.
- Higher education or other large not-for-profit work experience preferred.
- Excellent interpersonal and organizational skills.
- Must be able to effectively communicate both orally and in writing with all levels of employees, supervisors, management, and outside contacts.
- Intermediate or advanced Excel skills, and experience dissecting and analyzing large data sets a plus.
- Ability to maintain confidentiality of sensitive data and materials.
- Experience with Adaptive Insights and/or Jenzabar CX is a plus but not required.
Please send resume and cover letter to firstname.lastname@example.org. Please include your reason of your interest in working at Olin College of Engineering.
In accordance with its own values and with federal and state regulations, Franklin W. Olin College of Engineering does not discriminate in admission, programs, services or employment—including the recruitment, hiring, training and promotion of persons in all job classifications—on the basis of race, color, religion, gender, national origin, sexual orientation, age, physical or mental disability, or veteran status.
Olin College is an Equal Opportunity Employer.