Budget Director directs and controls an organization's budgeting and financial forecasting activities. Leads the budgeting process for annual, quarterly, and monthly budget development. Being a Budget Director develops budgetary policies and guidelines to meet short and long-term financial goals. Establishes processes to incorporate past financial results into budget development. Additionally, Budget Director monitors and analyzes performance against budgets. Develops and implements tools and reporting used for planning, forecasting, monitoring, and decision support. Presents budget data to senior management and/or board. May require a MBA. Typically reports to top management. The Budget Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Budget Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)
Job Title: Director of Strategic Finance and Budget
Department: Financial Reporting & Planning
Location: Philadelphia
Employment Type: Full-Time, Exempt
Position Overview:
The Director of Budget and Strategic Finance plays a pivotal role in enhancing the operational and financial structure of the Philadelphia College of Osteopathic Medicine (PCOM). Utilizing advanced quantitative skills, this position conducts comprehensive analyses, projections, and modeling to support strategic decision-making. The incumbent leads the annual budgeting process, oversees grant accounting, and collaborates with various departments to optimize financial performance and adherence to fiscal guidelines.
Key Responsibilities:
Required Education and Experience:
Competencies:
Work Environment:
This position operates primarily in an office setting but may require occasional travel to other campus locations, meetings, training, and events.
Physical Demands:
Salary Range: $125,000 - $145,000