Director, Financial Planning & Modelling

Overview

About The Role

Responsibilities

• **Strategic Responsibilities**
• Drive the formulation of the Department's strategy, as well as annual business plans.
• Develop the Department’s policies and procedures, adhering to the overall business objectives of the University, ensuring they promote leading practices and excellence.
• Develop and manage the Department’s budgets; monitor the performance of budgets and report back on a timely basis to ensure that divergences are addressed promptly.
• **Operational Responsibilities**
• Develop and maintain long-range financial models that support the university’s strategic goals.
• Collaborate with various departments to build and refine financial models, and drive the university’s fiscal health through rigorous financial planning and analysis.
• Provide multi-year financial projections, scenario analyses, and financial insights for leadership decision-making.
• Participate in the annual budgeting process, coordinating with departments to align with university objectives and constraints.
• Build, update, and enhance complex financial models to analyze the financial impact of key university initiatives.
• Conduct variance analyses to identify trends, opportunities, and risks within the university’s financial framework.
• Generate comprehensive financial reports and dashboards for executive leadership, the Board of Trustees, and other stakeholders.
• Monitor and evaluate budget performance, ensuring adherence to budgeted expenses and identifying areas for cost savings.
• Analyze internal and external financial data to provide recommendations for resource allocation, cost optimization, and revenue generation.
• Advise university leadership on the financial viability of potential programs, partnerships, and investments.
• Work closely with enrollment management, fundraising, and research departments to model and predict revenues from diverse sources.
• Oversee compliance with all financial policies and reporting standards, and relevant government guidelines.
• Lead and mentor a team of financial analysts, providing training and development to ensure effective financial planning support across the university.
• Collaborate with university management, faculty, and staff to present and discuss financial plans, forecasts, and analyses.
• Ensure adherence to the University's information security policies and procedures, and report breaches or other security risks accordingly.
• Ensure coordination with other departments to facilitate the accomplishment of tasks and responsibilities, as and when needed.
• Demonstrate a strong commitment and practice to maintaining a safe and healthy work environment.
• Perform any other tasks assigned by Line Manager.

Qualifications

• **Required Qualifications**
• Bachelor’s degree in finance, Accounting, Economics, or a related field; Master’s degree (MBA, master’s in finance) or CPA/CMA designation preferred.
• **Required Experience**
• A minimum of 12 years of experience directly related to the duties and responsibilities specified, of which 5 years should have been in a senior managerial position, preferably in higher education.

Required Skills

• Communication
• Collaboration
• Client Focus
• Drive for Results
• E-Expert
• Quality
• Accountability
• Adaptability
• Learning
• Initiation

Preferred Skills

• Management & Development of others
• Leadership Development
• Motivation and Engagement
• Decisions Making & Problems solving
• Strategy Development
• Change Management
• Pay range and compensation package
• Details regarding the pay range or salary or compensation are not specified in the provided job description.

Equal Opportunity Statement