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The Trustees of Columbia University in the City of New York Director, Budget & Financial Analysis in New York, New York

  • Job Type: Officer of Administration- Regular/Temporary: Regular- Hours Per Week: 35- Salary Range: $160,000 - $180,000The salary of the finalist selected for this role will be set based on a variety of factors, including but not limited to departmental budgets, qualifications, experience, education, licenses, specialty, and training. The above hiring range represents the University's good faith and reasonable estimate of the range of possible compensation at the time of posting.Position SummaryThe Director, Budget and Financial Analysis manages day-to-day budget operations for the Academic Unit Budget team, which oversees the budget for schools and academic departments at the Columbia University Irving Medical Center (CUIMC). Reporting to the Executive Director, Academic Unit Budget and Financial Analysis, the Director, with the support of three analysts, is responsible for the review of school and department operating budgets and results, identification of potential issues and opportunities, and summarization of findings in executive format for senior leadership review.Responsibilities- Under the leadership of the Executive Director, manages the CUIMC budget process for schools and academic departments, which have a combined annual operating budget of approximately $3.2B. With the assistance of a team of three analytical staff, the Director reviews annual budget submissions, quarterly estimate updates, and quarterly and year-end closes. Develops and maintains budget calendars and ensures that team activities are organized to ensure timely completion of deliverables. Coordinates the overall unit financial performance tracking, including patient care, research, education, and administration activity. Identifies trends and potential financial risks. Collaborates with specialists in patient care finance and other areas to ensure robust and nuanced financial forecasts for all budget components.- Develops solutions to optimize budget development, analysis, and reporting. Manages the departmental implementation of CUIMC standards for accounting and reporting, which ensures that revenues and expenses are allocated properly to individual programs so that profit & loss and other reports can be created accurately and efficiently. Offers training and technical advice on using university and campus financial systems and tools.- Coordinates the preparation of summaries and variance analysis for senior management. Develops and reviews materials for senior campus executives, the University's central budget office, and University executives and Trustees.- Designs ad hoc analyses, often combining data from financial and other systems, to provide in-depth reports and forecasts as needed.- Responsible for special projects as required. Performs related duties and responsibilities as assigned/requested. Gains familiarity with complementary budgetary/financial functions, such as the central administrative budget, to assist with necessary analysis if required and to understand the broader finance operation.Minimum Qualifications- Bachelor's degree, as well as at least five years of progressively comprehensive experience in budgeting and financial analysisPreferred Qualifications- Experience in higher education, an academic medical center or hospital or in an equivalent environment preferred. MPA, MBA or comparable advanced degree, or equivalent experience preferred.- The successful candidate will be a self-starter with a well-developed knowledge of quantitative analysis and capable of working with minimal oversight to solve a problem or meet a need. Demonstrated financial analysis skills required, including the ability to prepare detailed financial reports, analyze variances and their drivers, and explain complex financial information. Attention to detail, plus the ability to work closely and collaboratively with a diverse group of administrators, is essential. Expert-level computer proficiency (Microsoft Excel and Word) is required, including an in-depth knowledge of spreadsheet functions and pivot tables.Equal Opportunity Employer / Disability / Veteran Columbia University is committed to the hiring of qualified local residents.

Minimum Salary: 31200.00 Maximum Salary: 31200.00 Salary Unit: Yearly