Assistant Director of BudgetApply NowHow to ApplyA cover letter and resume are important submissions for the hiring team to get a sense of your experience. In the cover letter, in two pages or less, please let us know how this role aligns with your career aspirations and skill set. Submit both a cover letter and resume as one file (because of system limitations).SummaryWe are looking for an Assistant Director of Budget to join our team. As a senior member of the Office of Budget & Planning you will direct portions of the annual and extended budget process and work closely with the Provost's Budget Team on high-level, strategic projects. We are a dynamic office with a supportive and positive climate and culture leading to additional growth and opportunities for success. You will work with a team that supports strategic resource allocation decisions that reflect U-M's long-standing priorities of academic excellence, access and affordability, and fiscal discipline. You will gain a comprehensive view of the University of Michigan and higher education and develop an understanding of the connection between mission and budget. You will provide leadership, analytic and technical expertise for all phases of the annual budget process including tuition, student enrollment and financial aid, faculty and human resources, budget and finance. You will report to the Associate Vice Provost for Academic and Budgetary Affairs and Executive Director. Find out more about us at https://obp.umich.edu/ .Why Work at Michigan?In addition to a career filled with purpose and opportunity, the University of Michigan offers a comprehensive benefits package to help you stay well, protect yourself and your family and plan for a secure future. Benefits include:
Generous time off, including vacation time, sick time, holiday and season days
A retirement plan that provides two-for-one matching contributions with immediate vesting
Many choices for comprehensive health insurance
Life insurance
Long-term disability coverage
Flexible spending accounts for healthcare and dependent care expenses
In addition, the Office of Budget & Planning provides:
Strong commitment to work/life balance
Flexible work arrangements with respect to campus stakeholder needs
Responsibilities
Oversee a range of activities involving the analysis, development and management of the $3B annual general fund budget and serve as an advisor on budget issues to the Provost's leadership team.
Collaborate and communicate frequently with campus partners on needs related to budgetary matters, long-term budget plans, tuition levels, cost containment efforts, benefits and financial aid.
Enhance our budget model, systems, tools and processes and lead technology and systems changes. This will include efforts to integrate a new budget software tool and plan for the new Enterprise Resource Planning (ERP) implementation.
Serve as the bridge between campus units and our office providing consulting, support and guidance with a focus on high-quality deliverables. Work with campus leaders on pertinent financial and budget analyses and special project support. Promote innovative approaches for the use of budget and financial data throughout all levels of the organization to meet operational / business partner needs.
Work closely with and participate as needed on the Provost's Budget Team which has responsibility for recommending budgetary policy and individual unit funding decisions.
Oversee the new strategic investment fund and assist in developing processes for leadership decision making and funding allocations.
Work with members of the Provost's Budget Team to facilitate the Provost Capital Fund (PCF) which helps accelerate capital projects on campus.
Lead special projects and communicate budget-related matters through different mediums across many audiences with a focus on presenting complex financial information to leadership.
Analyze and monitor financial activity and prepare or update analyses and reports to support resource planning and allocation. Perform financial analysis of data reported in the various information systems, particularly in the accounting records and financial data warehouse.
Evaluate various courses of action and make independent decisions on matters of significance, free from immediate direction, within the scope of responsibilities.
Required Qualifications
Bachelor's degree or higher in accounting, finance or a business-related field or equivalent combination of education and experience.
More than five years of considerable and progressively responsible experience in financial management, planning, budgeting and forecasting.
Knowledge of higher education, operations and procedures or the ability to quickly learn this information.
Strong proficiency in financial analysis tools and software including creating queries and reports.
In-depth knowledge of budgeting and variance analysis. Extensive knowledge and experience using spreadsheets, advanced spreadsheet functions and complex databases.
Excellent written and verbal communication skills, with the ability to summarize and present complex financial information clearly and concisely to leadership.
Additional InformationThe target salary range for this position is $150K-175K.Application DeadlineJob openings are posted for a minimum of seven calendar days. The review and selection process may begin as early as the eighth day after posting. This opening may be removed from posting boards and filled anytime after the minimum posting period has ended.U-M EEO/AA StatementThe University of Michigan is an equal opportunity/affirmative action employer.Job DetailJob Opening ID250247Working TitleAssistant Director of BudgetJob TitleAssistant DirectorWork LocationAnn Arbor CampusAnn Arbor, MIFull/Part TimeFull-TimeRegular/TemporaryRegularFLSA StatusExemptOrganizational GroupAcad & Bdgt AffairsDepartmentOffice of Budget & PlanningPosting Begin/End Date6/11/2024 - 6/29/2024Salary$150,000.00 - $175,000.00Career InterestAdministrationApply Now