Finance & Budget Director
Company: Princeton University
Posted on: November 19, 2021
The School of Public and International Affairs (SPIA) seeks
applications for the position of Director of Finance and Budget.
Reporting to the Associate Dean of Administration, Finance, and
Planning, and managing a staff of three finance professionals, the
Director is tasked with oversight of the entire financial portfolio
of the School-the single largest and most complicated academic
department budget on campus, totaling in excess of $95 million per
annum-and entails primary responsibility for budgeting,
forecasting, monitoring, and reporting on a wide range of endowed
funds, term funds, general funds, grants, and sponsored
The Director oversees development of the School's operating budget,
working with a wide range of constituents and stakeholders at SPIA
and across the University. In addition, the Director develops and
prepares a range of detailed and high-level budgets, budget
summaries, and budget-related recommendations to the SPIA Dean's
Office and works closely with the central university's operating
budget director. In collaboration with SPIA centers and
programs-and in close consultation with the Dean, Vice Dean and
Associate Dean-the Director develops budgets and budget agreements
based on extensive analysis and modeling of spending trends,
planned initiatives, and projected fund sources.
The Director assists the Dean and Associate Dean of Administration,
Finance, and Planning with special projects that vary widely and
have included: estimating start-up costs for a proposed center or
program; preparing financial "what if" scenarios for various
spending proposals; making change of staff and spending
recommendations for core projects; evaluating return-on-investment
for strategic initiatives; and analyzing tuition and stipend
outlays in support of new policies.
The Director conducts extensive reviews of SPIA policies and
procedures to ensure compliance with current university, GAAP, and
IRS requirements. Makes modifications to School policies as needed
and initiates new polices when required. Participates in auditing
activities and any necessary responses.
With School-wide authority for all funds, the Director analyzes
various reports throughout the year to verify that expenses are
allocated properly and that necessary funding is available.
Explores income and expense trends across the School for possible
savings and to recommend possible consolidation of efforts,
economies of scale, and other efficiencies. Prepares worksheets and
summaries to explain account activity and drafts recommendations to
the Dean, Associate Dean, senior administrators, faculty and other
The Director plays an instrumental role in SPIA's stewardship
activities. Reviews Deed of Gift agreements on funds allocated to
the School and makes recommendations to the Dean and Associate Dean
for Finance and Administration for use of gift funds based on an
evaluation of spending, donor restrictions/requests, and School
needs-often consulting with the General Counsel's office and the
Office of the Provost.
The Director is responsible for review and approval of high dollar
disbursements of funds from SPIA accounts, as well as contracts
with outside vendors initiated by SPIA centers and programs in
excess of $25K. Works closely with requestors, University
Procurement, General Counsel, and financial management office
colleagues to resolve questions and concerns.
The Director works in coordination with other academic departments
and units, attending numerous School and University administrative
meetings, and interacting closely with members of the University's
offices of Finance & Treasury, Provost, Dean of Faculty, ORPA,
General Counsel, and Facilities on a wide range of
The Director must be a proactive and strategic leader with a proven
customer service orientation and a sincere commitment to hands-on
problem solving; demonstrated ability to manage and motivate staff
and facilitate teamwork; ability to manage multiple projects and
assignments with competing deadlines and effectively delegate
workload; exhibited high level of tact, discretion and diplomacy;
exceptional communication skills; capacity to set and achieve goals
and assess impacts/outcomes; awareness of diversity, equity, and
inclusion and demonstrated ability to implement and support related
measures in day-to-day work; ability to develop and manage
relationships with a wide range of constituents and stakeholders;
capacity to distill highly complex financial matters and represent
them clearly and succinctly to a broad audience.
A bachelor's degree and ten or more years of directly related
experience are required. A masters degree (MBA, MPA, etc.) and/or
CPA is strongly preferred.
Excellent working knowledge of MS Office suite software is
required-particularly the use of Excel pivot tables. Demonstrated
PowerPoint skills are also necessary. Familiarity with and use of
databases (Access, etc.) is strongly preferred-as is the use of
Tableau, other data visualization programs, and Hyperion Budgeting.
Experience with enterprise resource planning tools and
Oracle/PeopleSoft is also strongly preferred.
Exceptional analytical abilities, broad knowledge of budgeting and
financial management, especially for a multifaceted organization,
and familiarity with higher education budgeting is critical. An
appreciation for academic culture and an understanding of complex
higher education institutions is essential.
Knowledge of generally accepted accounting principles (GAAP),
experience handling accounts payable, receivables, and allocation
of income; experience with establishing and refining account
structures are all necessary. Familiarity with auditing is very
We at the Princeton School of Public and International Affairs
believe that it is vital to cultivate an environment that embraces
and promotes diversity, equity and inclusion - fundamental to the
success of our education and research mission. This commitment to
diversity informs our efforts in recruitment and hiring as we
actively seek colleagues of exceptional ability who represent a
broad range of viewpoints, experiences and value systems, and who
share Princeton University's dedication to excellence.
Princeton University is an Equal Opportunity/Affirmative Action
Employer and all qualified applicants will receive consideration
for employment without regard to age, race, color, religion, sex,
sexual orientation, gender identity or expression, national origin,
disability status, protected veteran status, or any other
characteristic protected by law. EEO IS THE LAW PI152618625
Keywords: Princeton University, Trenton , Finance & Budget Director, Executive , Princeton, New Jersey
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