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Vice President for Financial Planning and Analytics-Chief Budget Officer - New Brunswick New Jersey
Company: Rutgers University
Location: New Brunswick, New Jersey
Posted On: 02/02/2025
Vice President for Financial Planning and Analytics-Chief Budget Officer
Rutgers, The State University of New Jersey, seeks a visionary and strategic leader for the Vice President for Financial Planning and Analytics-Chief Budget Officer (VPFPA-CBO). This position will be pivotal in shaping the University's financial future and integral to guiding long-term strategic planning. The VPFPA-CBO will play a key role in developing financial plans, evaluating the impact of long-range planning, and driving new enterprise-wide initiatives while fostering business analytics and ensuring data integrity across Rutgers.
Reporting directly to the Executive Vice President (EVP) - Chief Financial Officer and University Treasurer, and serving on the UFA leadership team, the VPFPA-CBO will develop and implement comprehensive financial strategies that support Rutgers' mission, strategic goals, and core educational and administrative objectives. The VPFPA-CBO will provide university-wide leadership and strategic oversight in financial planning, budgeting, and data analytics.
Key Responsibilities
- Lead Budget and Financial Planning: The VPFPA-CBO leads the development and execution of comprehensive budgeting and financial planning strategies, including long-range planning and multi-year projections for the University and its cost centers.
- Serve as a Resident Expert, Educator, and Thought Partner: The VPFPA-CBO will represent the financial division by presenting budget plans, capital forecasting, and other critical topics to the Board of Governors and Trustees.
- Champion Financial Sustainability Initiative: The VPFPA-CBO will be a strategic partner to the EVP-CFO and the President's Cabinet in developing and implementing initiatives to strengthen financial performance.
- Support Capital Planning: The VPFPA-CBO will collaborate closely with the EVP-CFO and the Vice Presidents for Finance and for Planning, Development, and Design to maintain the University's multi-year capital plan.
- Lead New UFA Data Team and Promote a Data-Driven Culture: The VPFPA-CBO will bring a forward-thinking approach and a continuous improvement mindset to data analytics.
- Lead, Manage, and Grow a Strong Team: The VPFPA-CBO will provide leadership and supervision to Financial Planning & Analytics, which includes the UFA Financial Planning, Analysis, and Budget team and the UFA Data Analytics and Reporting team.
Minimum Requirements
- Bachelor's degree in finance, business, or a related field.
- Ten (10) years of relevant experience in higher education, non-profit organizations, or corporate environments.
Required Knowledge, Skills, and Abilities
- Demonstrated record of professional achievement with a strong reputation for financial acumen, particularly in budget management, forecasting, and data-driven analytics.
- Exceptional communication skills with the ability to effectively present complex financial information to senior leadership and governing boards.
- Proven success in identifying and implementing organizational improvements.
- Recognized for integrity, high ethical standards, sound judgment, and a creative, enthusiastic approach to leadership.
- Strong collaborative abilities, with a history of working effectively with internal and external stakeholders.
- Extensive managerial experience, including leading and developing high-performing teams.
All applicants must complete the following two-step process to be considered:
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