Position Classification Title: Chief Budget Officer
Position Classification Code: C1017
Job Family: Business, Accounting and Finance
Pay Level: 15
Exempt Status: Exempt
This description is intended to describe the general nature of the work being performed. It is not intended to be a complete list of specific duties of any particular position. Duties, responsibilities and bargaining unit eligibility may vary based on the specific tasks assigned to the position.
Purpose of Classification:
Directs, coordinates, and integrates the overall fiscal management and budgeting processes of the University. As a member of the University's financial leadership team, participates in long-range fiscal planning and goal setting, and in the design and establishment of strategic financial services for the institution.
Standard Duties:
Directs, oversees, and integrates the budgeting function across the University, ensuring that the institution's budget outcomes are consistent with and directly support overall strategic planning. Oversees the design, implementation, and support of financial systems and related policies and processes needed to identify and manage the revenue and expenditures of the University. Serves as a member of the University's financial leadership team, participating in strategic fiscal planning and goal setting for the institution and in the design and establishment of strategic financial services. Participates in the planning and development of the University's budget and financial reporting policies, processes, and systems. Reviews current accounting and budgeting systems, processes and procedures to ensure compliance with audit requirements and applicable statutes, rules, and regulations; recommends and ensures implementation of corrective action, policy improvements, and/or procedural changes, as appropriate. Provides operational direction and oversight to the principal financial officers of the various university components. Oversees the management of all Budget Office personnel, to include work allocation, training, and problem resolution; evaluates performance, makes recommendations for personnel actions, and motivates employees to achieve peak productivity and performance. Designs or participates in the design and establishment of organizational structures and staffing to effectively accomplish the organization's goals and objectives. Plans, develops, and implements strategies for generating resources and/or revenues for the organizational units reporting to the position. Performs miscellaneous job-related duties as assigned.
Knowledge, Skills and Abilities:
In-depth knowledge of financial planning, general accounting, and budget management principles and practices relative to government, educational, and/or health care institutions. Knowledge of legislative budget process. Integrated knowledge of academic, administrative, and clinical budgeting policies, systems, regulations, and procedures. Integrated knowledge and understanding of public sector budget and financial reporting processes and procedures. Knowledge of institutional and audit requirements for the provision of financial information. Comprehensive knowledge and understanding of Federal and State financial laws, regulations, and operating guidelines as they pertain to public institutions of higher education. Knowledge of current and emerging trends in financial technologies and analytical tools, and issues related to finances of health sciences centers.
Strong interpersonal and communication skills and the ability to work effectively with a wide range of constituencies in a diverse community. Skill in examining and re-engineering operations and procedures, formulating policy, and developing and implementing new strategies and procedures. Excellent communication and professional leadership skills. Employee development and performance management skills. Demonstrated organizational and management skills. Skill in the use of software to quantify and illustrate complex financial reports, comparisons, impacts, and/or projections.
Ability to compile, analyze, interpret, and present complex annual financial reports, statements, and/or projections. Ability to supervise and train employees, to include organizing, prioritizing, and scheduling work assignments. Ability to foster a cooperative work environment. Ability to design and implement integrated financial control systems, policies, and procedures. Ability to supervise and train employees including organizing, prioritizing, and scheduling work assignments; evaluating performance; and mentoring and coaching employees to achieve maximum productivity.
Minimum Qualifications:
   Education- Bachelor's degree in a related field.
   Experience- Ten (10) years of increasingly progressive management experience in one or more areas that report to this position.
   Equivalency- None
   Departmental Requirements-
   Special Requirements-