COLLEGE OF LAKE COUNTY
Director Budget and Risk Management
COLLEGE OF LAKE COUNTY, Grayslake, Illinois, United States, 60030
The Director of Budget and Risk Management is responsible for assisting and supporting all aspects of the development and implementation of the college’s operating and capital budgets. Provides continuous support to college units on budget operations and provides continuous monitoring and reporting of actual results against planned budget. Supports effective and efficient financial resource allocation and utilization for the college to meet its goals and objectives. Develops financial models and provides analytical support for resource development and allocation decisions for new and existing programs. The Director of Budget and Risk Management reports to the Vice President for Business Services and Finance/Chief Financial Officer (CFO).
Why choose the College of Lake County for your next opportunity?The College of Lake County (CLC) offers a competitive salary, excellent benefits that includes Blue Cross Blue Shield of Illinois health, Delta Dental and Superior Vision insurance plans, tuition support for employees and qualified family members, three retirement plans, disability, group and supplemental life insurance, health and dependent care flexible spending account plans, a four-day work week in the summer (Fridays off!), generous vacation, sick and personal time off and 14 paid holidays each year.
Required Qualification(s):Bachelor’s degree from an accredited college or university in accounting, finance or related field.A minimum of seven (7) years of progressive experience in budget and financial analysis.A minimum of five (5) years of leadership and supervisory experience.Advanced proficiency with Excel & PowerPoint.Basic proficiency with MS Office suite of products.
Desired Qualification(s):Master’s Degree.Minimum of ten (10) years experience with Budget and Financial Analysis.Prior experience with PeopleSoft and/or Workday ERP.Bi-lingual Spanish and English.
Summary of Essential Functions:Financial, Budget and Risk Management (50%):Develop and maintain the College’s long-range financial models to inform decision-making, and provide summary information related to revenues, expenses, and related assumptions.Coordinate the annual operating and capital budget process.Develop thorough, in-depth, and accurate financial analyses on a variety of strategic initiatives, projects, and programs, and provide recommendations for decision-making and opportunities for improvement.Regularly perform budget analyses and identify areas of concern and opportunities.Oversee the day-to-day budget operations to ensure compliance and uniformity with college and state-wide budgeting and accounting policies, procedures, regulations, and statutes.Proactively monitor, identify, and communicate relevant regulations, issues, and trends that may impact the College’s long-term financial health and business operations.Continually and in detail track all budget adjustments/changes to the Board approved budget throughout the year.Monitor budget performance and evaluate fluctuations due to unexpected changes in economic conditions, enrollment, state funding, or policy.Prepare monthly management reports including analysis of variances between actual and budget.Continuous review of the budget reporting system for accuracy and opportunity for improvements.Coordinate the preparation and submission of required budget reports.Coordinate the preparation, consolidation, analysis, and distribution of the annual budget.Development, adjustments, and reconciliation of detailed annual expenditure budget by units.
Strategic Leadership and Project Management (30%):Educate and train department managers, chairs, and other constituents on budget best practices and college policies and provide guidance during the annual budget process.Provide leadership in advancing financial planning and analyses, including strengthening financial analysis, planning, and oversight.Provide reports, analysis, assumptions, projections, and presentations of budgetary data as requested to support leadership needs including decision support, Board presentations, state and government requests, etc.Work with data sets and analytics tools in support of the college’s strategic plan, multiyear financial plan, and key performance metrics.In coordination with senior leadership, develop, recommend, and implement improvements and enhancements to the budgetary planning process.Provide presentations, budget training, support, and budget guides to university departments and office staff.Maintain strong customer service relationships with all, including administrators, deans, department heads, and budget managers.Effectively manage and evaluate budget staff.Coach, mentor, and develop employees.Remain current and require staff to remain current on relevant budget rules, regulations, and laws.Directly hire, lead, manage, support, and empower employees on the Budget and Risk Management team for job success at the College.
Other (10%):Participate in strategic and/or functional cross-departmental teams, committees, and councils at the request of the division or unit leaders.Participate in professional associations/organizations and educational activities that enhance subject matter expertise and leadership competencies, knowledge, understanding, and interpersonal skills.Remain knowledgeable of current state and federal laws, regulations, and best practices in the field of appointment ensuring the College’s policies, procedures, practices, and programs conform to laws and regulations and align with the mission, vision, values, and strategic goals of the College.Perform any and all other duties assigned that support the mission, vision, values, and strategic initiatives of the College of Lake County and the goals of the department, division, and unit of appointment.
#J-18808-Ljbffr
Why choose the College of Lake County for your next opportunity?The College of Lake County (CLC) offers a competitive salary, excellent benefits that includes Blue Cross Blue Shield of Illinois health, Delta Dental and Superior Vision insurance plans, tuition support for employees and qualified family members, three retirement plans, disability, group and supplemental life insurance, health and dependent care flexible spending account plans, a four-day work week in the summer (Fridays off!), generous vacation, sick and personal time off and 14 paid holidays each year.
Required Qualification(s):Bachelor’s degree from an accredited college or university in accounting, finance or related field.A minimum of seven (7) years of progressive experience in budget and financial analysis.A minimum of five (5) years of leadership and supervisory experience.Advanced proficiency with Excel & PowerPoint.Basic proficiency with MS Office suite of products.
Desired Qualification(s):Master’s Degree.Minimum of ten (10) years experience with Budget and Financial Analysis.Prior experience with PeopleSoft and/or Workday ERP.Bi-lingual Spanish and English.
Summary of Essential Functions:Financial, Budget and Risk Management (50%):Develop and maintain the College’s long-range financial models to inform decision-making, and provide summary information related to revenues, expenses, and related assumptions.Coordinate the annual operating and capital budget process.Develop thorough, in-depth, and accurate financial analyses on a variety of strategic initiatives, projects, and programs, and provide recommendations for decision-making and opportunities for improvement.Regularly perform budget analyses and identify areas of concern and opportunities.Oversee the day-to-day budget operations to ensure compliance and uniformity with college and state-wide budgeting and accounting policies, procedures, regulations, and statutes.Proactively monitor, identify, and communicate relevant regulations, issues, and trends that may impact the College’s long-term financial health and business operations.Continually and in detail track all budget adjustments/changes to the Board approved budget throughout the year.Monitor budget performance and evaluate fluctuations due to unexpected changes in economic conditions, enrollment, state funding, or policy.Prepare monthly management reports including analysis of variances between actual and budget.Continuous review of the budget reporting system for accuracy and opportunity for improvements.Coordinate the preparation and submission of required budget reports.Coordinate the preparation, consolidation, analysis, and distribution of the annual budget.Development, adjustments, and reconciliation of detailed annual expenditure budget by units.
Strategic Leadership and Project Management (30%):Educate and train department managers, chairs, and other constituents on budget best practices and college policies and provide guidance during the annual budget process.Provide leadership in advancing financial planning and analyses, including strengthening financial analysis, planning, and oversight.Provide reports, analysis, assumptions, projections, and presentations of budgetary data as requested to support leadership needs including decision support, Board presentations, state and government requests, etc.Work with data sets and analytics tools in support of the college’s strategic plan, multiyear financial plan, and key performance metrics.In coordination with senior leadership, develop, recommend, and implement improvements and enhancements to the budgetary planning process.Provide presentations, budget training, support, and budget guides to university departments and office staff.Maintain strong customer service relationships with all, including administrators, deans, department heads, and budget managers.Effectively manage and evaluate budget staff.Coach, mentor, and develop employees.Remain current and require staff to remain current on relevant budget rules, regulations, and laws.Directly hire, lead, manage, support, and empower employees on the Budget and Risk Management team for job success at the College.
Other (10%):Participate in strategic and/or functional cross-departmental teams, committees, and councils at the request of the division or unit leaders.Participate in professional associations/organizations and educational activities that enhance subject matter expertise and leadership competencies, knowledge, understanding, and interpersonal skills.Remain knowledgeable of current state and federal laws, regulations, and best practices in the field of appointment ensuring the College’s policies, procedures, practices, and programs conform to laws and regulations and align with the mission, vision, values, and strategic goals of the College.Perform any and all other duties assigned that support the mission, vision, values, and strategic initiatives of the College of Lake County and the goals of the department, division, and unit of appointment.
#J-18808-Ljbffr