The Budget Director reports directly to the Assistant Dean of Finance and serves as the chief budgetary advisory on policies, procedures and regulations.
The Budget Director has responsibility for overseeing the Biological Sciences Division (BSD) Budget, which is approximately $975M and is comprised of approximately 50 different unit budgets.
The Budget Director will manage the entire budget process and timeline.
He or she will provide guidance and advice on all BSD budgetary issues and supervise the budget analyst staff.
He or she will direct, lead, coordinate, and implement the budget process for the BSD, including data gathering and deliverables, and he or she will support the development of a long-term financial plan that is tightly integrated with the budget process.
Reviews, analyzes, evaluates and recommends long and short range budget plans for the BSD departments with consideration of the overall objectives of the Division.
Organizes budgeting systems and procedures for compiling, monitoring, and analyzing the BSD's consolidated annual budget and for monitoring actual performance against budget at the unit level.
Performs complex quantitative and qualitative analysis of financial data and project revenues and expenditures.
Develops strategies proactively to address issues or problems with financial results and insure balanced operations.
Ensures budgets and financial results are accurate and complete.
Prepares written reports and documents in the form of budget and financial summaries that facilitate communications among departments/units, Senior Management, Central University, and the University of Chicago Medicine (UCM).
Manages critical aspects of the process of consolidating and converting information provided by units and departments into internal and external financial reports for management use.
Assists in the development and implementation of funds flow from the Division to the Departments.
Takes the lead in developing budget guidelines and assist in the development and implementation of new budget tools within the BSD.
Keeps up-to-date on information and technology to increase innovation and ensure compliance.
Prepares ad-hoc analysis of business plans, financial issues etc.
Process re-engineers budget and financial reporting processes.
Ability to lead a team with direct supervisory experience required
Strong practical knowledge of financial analysis methodologies required.
Proficiency with Microsoft Office (Word, Excel, PowerPoint) required.
Exceptionally strong interpersonal, verbal, and written communication skills required.
Strong analytical and organizational skills required.
Proven ability to synthesize complex issues for management required.
Ability to establish and maintain relationships at all organizational levels required.
Ability to work closely with senior management required.
Ability to independently develop and analyze alternative solutions and make recommendations required.
Ability to be a proactive and assertive problem-solver required.
Ability to anticipate and react to problems effectively and quickly required.
Strong upward and downward management skills required.
Flexibility and ability to work effectively under considerable time pressure on high visibility, high stakes projects required.
Strong time management skills required.
Proven success in working in a matrix organization reporting structure required.
Knowledge of research administration preferred.
Education, Experience or Certifications:
Bachelor's degree required.
Masterâ™s degree in finance, accounting, business administration, public health or relevant field preferred.
A minimum of six years of significant experience in accounting, budget, finance, management or relevant area required.
Experience with accounting systems and budget systems required.
Experience in formulating long-term strategic plans required.
Experience in a University, School of Medicine, Academic Medical Center, higher education institution, or other not-for-profit organization preferred.
Experience with developing and monitoring clinical and research metrics preferred.
Experience with mission based accounting preferred.
Experience with effort reporting preferred.
Clinical financial experience preferred.
Experience with complex financial modeling preferred.
(NOTE: When applying, all required documents MUST be uploaded under the Resume/CV section of the application.)
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