Senior Budget Officer
Howard University, Washington, District of Columbia, United States
Senior Budget Officer
Howard University is seeking a Senior Budget Officer. The Senior Budget Officer role is a key position responsible for a portion of the operating budget of the university. The incumbent will help maintain a strong working relationship between the Budget Office and the Schools and Accountable units of the University. The role assist leadership in budget development, monitoring and management, analysis, forecasts and projections for Accountable Units. The incumbent will assist in the Director, Department Chairpersons, and other key constituents and with budgetary matters and decisions. Responsible for assisting in the development of financial procedures for the orderly coordination and processing of financial and other departmental matters.
Nature and Scope:
Internal contacts include executive leadership, deans, department heads, senior administrators and staff. External contacts include consultants, representatives from other colleges and universities, visitors and the general public.
Supervisory Accountability:
Responsible for orienting and training of Budget Officers and reviewing their work. May also be responsible for acting in a lead capacity over other positions performing essentially the same work or related technical tasks and reporting to a higher level on a formal basis.
Principal Accountabilities:
Consult with units or departments and/or coordinates the preparation of operating budgets based on actual performance, previous budget figures, estimated revenue, expense reports and other factors.
Compare University and departmental expenditures with budget allocations to analyze budgets and recommend approval to management.
Consult with units or departments regarding budget analysis, financial reports, reconciliation, irregular and unusual transactions and problems resolutions.
Confer with department heads and directors with respect to budgetary controls.
Monitor revenue and expense accounts to identify problem accounts.
Research, compile and update budgetary and forecast data for various financial reports.
Consults with key stakeholders to facilitate personnel and non-personnel budget adjustments in Workday.
Effectively manages a Workday worklist in a timely manner.
Assists with the development and implementation of the University's budget model, budget reporting and associated processes through a consensus-oriented process.
Provides functional leadership for Workday control and associated budget-related issues in other modules within the University's Workday financial system, to assure that central and campus user requirements are continuously reflected in system design, configuration, reporting, and upgrades.
Assists with the development of content and workbooks for the Universities annual budget training process.
Performs other related duties as assigned.
Leadership:
1. Quality Management- Seek techniques to improve and promote quality; Demonstrates accuracy and thoroughness
2. Business Acumen - Understands business implications decisions; Displays orientation to profitability; Aligns work with strategic goals
3. Cost Consciousness- Works within approved budget; Develops and implements cost saving measures; Conserves organizational resources.
4. Diversity - Shows respect and sensitivity for cultural differences; Promotes harassment-free environment.
5. Ethics - Treats individuals with respect; Keep commitments; Works with integrity and ethically; Upholds organizational values
6. Organizational Support - Follows policies/procedures; Completes administrative tasks correctly and on time; Supports organization's goals and values.
Core Competencies:
Knowledge of analytical budgetary accounting.
Knowledge of the budgeting cycle and process.
Ability to prepare comprehensive complex financial and budget reports.
Ability to formulate comprehensive budget planning processes.
Competence in both oral and written English to communicate in a clear and concise manner.
Ability to establish and maintain effective and harmonious work relations with faculty, staff, students and customers.
Familiarity with various budget models
Highly proficient in statistical analysis, revenue forecasting, financial modeling, project modeling and business plan development
Highly proficient in MS Excel
Strong planning, analysis, and management skills
Experience leading complex financial systems and organizations
Experience operating as a team member; willingness to participate in team interactions, thinking, and decision-making;
Strong communication skills;
Coalition building and collaboration skills; and a commitment to diversity, inclusion, and collaborative decision making in the workplace.
Minimum Requirements:
Bachelor's degree in Finance, Business Admin, Public Admin field and minimum of five (5) years of relevant experience; or an equivalent combination of seven (7) years combined relevant training and experience. Experience that demonstrates good knowledge and skill in grant administration, higher education finance and expertise in computerized financial accounting systems highly desired.
Compliance Salary Range Disclosure
Compensation Range: $88,200 - $98,000
Howard University is seeking a Senior Budget Officer. The Senior Budget Officer role is a key position responsible for a portion of the operating budget of the university. The incumbent will help maintain a strong working relationship between the Budget Office and the Schools and Accountable units of the University. The role assist leadership in budget development, monitoring and management, analysis, forecasts and projections for Accountable Units. The incumbent will assist in the Director, Department Chairpersons, and other key constituents and with budgetary matters and decisions. Responsible for assisting in the development of financial procedures for the orderly coordination and processing of financial and other departmental matters.
Nature and Scope:
Internal contacts include executive leadership, deans, department heads, senior administrators and staff. External contacts include consultants, representatives from other colleges and universities, visitors and the general public.
Supervisory Accountability:
Responsible for orienting and training of Budget Officers and reviewing their work. May also be responsible for acting in a lead capacity over other positions performing essentially the same work or related technical tasks and reporting to a higher level on a formal basis.
Principal Accountabilities:
Consult with units or departments and/or coordinates the preparation of operating budgets based on actual performance, previous budget figures, estimated revenue, expense reports and other factors.
Compare University and departmental expenditures with budget allocations to analyze budgets and recommend approval to management.
Consult with units or departments regarding budget analysis, financial reports, reconciliation, irregular and unusual transactions and problems resolutions.
Confer with department heads and directors with respect to budgetary controls.
Monitor revenue and expense accounts to identify problem accounts.
Research, compile and update budgetary and forecast data for various financial reports.
Consults with key stakeholders to facilitate personnel and non-personnel budget adjustments in Workday.
Effectively manages a Workday worklist in a timely manner.
Assists with the development and implementation of the University's budget model, budget reporting and associated processes through a consensus-oriented process.
Provides functional leadership for Workday control and associated budget-related issues in other modules within the University's Workday financial system, to assure that central and campus user requirements are continuously reflected in system design, configuration, reporting, and upgrades.
Assists with the development of content and workbooks for the Universities annual budget training process.
Performs other related duties as assigned.
Leadership:
1. Quality Management- Seek techniques to improve and promote quality; Demonstrates accuracy and thoroughness
2. Business Acumen - Understands business implications decisions; Displays orientation to profitability; Aligns work with strategic goals
3. Cost Consciousness- Works within approved budget; Develops and implements cost saving measures; Conserves organizational resources.
4. Diversity - Shows respect and sensitivity for cultural differences; Promotes harassment-free environment.
5. Ethics - Treats individuals with respect; Keep commitments; Works with integrity and ethically; Upholds organizational values
6. Organizational Support - Follows policies/procedures; Completes administrative tasks correctly and on time; Supports organization's goals and values.
Core Competencies:
Knowledge of analytical budgetary accounting.
Knowledge of the budgeting cycle and process.
Ability to prepare comprehensive complex financial and budget reports.
Ability to formulate comprehensive budget planning processes.
Competence in both oral and written English to communicate in a clear and concise manner.
Ability to establish and maintain effective and harmonious work relations with faculty, staff, students and customers.
Familiarity with various budget models
Highly proficient in statistical analysis, revenue forecasting, financial modeling, project modeling and business plan development
Highly proficient in MS Excel
Strong planning, analysis, and management skills
Experience leading complex financial systems and organizations
Experience operating as a team member; willingness to participate in team interactions, thinking, and decision-making;
Strong communication skills;
Coalition building and collaboration skills; and a commitment to diversity, inclusion, and collaborative decision making in the workplace.
Minimum Requirements:
Bachelor's degree in Finance, Business Admin, Public Admin field and minimum of five (5) years of relevant experience; or an equivalent combination of seven (7) years combined relevant training and experience. Experience that demonstrates good knowledge and skill in grant administration, higher education finance and expertise in computerized financial accounting systems highly desired.
Compliance Salary Range Disclosure
Compensation Range: $88,200 - $98,000