What: This position is the primary Budget Office staff member responsible for leading the effort to develop, refine and implement analytical models to support sound financial decision making by campus for University executive leadership (Chancellor, Vice Chancellors, Provost, etc.).
Responsibilities include:
Operating Budget development and monitoring
- Assist in the development and implementation of the University's annual operating budget with a particular focus on the university income fund and State General Revenue Fund.
- Develop, maintain and update/revise the revenue distribution model used within the Responsibility Center Management budget model at UIC as modifications are made and or financial policies changed.
- Work with assigned colleges and Vice Chancellor units to prepare and evaluate three year budget projections. Prepare annual budget allocation correspondence to include an analysis of issues impacting each assigned area.
- Project and refine models to predict campus tuition and income fund revenue, incorporating changes in bad debt, tuition waivers, refund rates, and other variables that will affect overall revenue. Analyze enrollment data to establish trends.
- Work with colleges, campus and university administration to coordinate and develop tuition and fee assessment projections. Monitor actual tuition earnings against projections and provide necessary variance reporting. Model and communicate impacts on colleges and administrative units.
- Develop financial aid expenditure projections and provide informed evaluation of the impacts resulting from variances in budget to actuals. Provide projections after enrollment census. Prepare allocations at fiscal yearend.
- Develop, maintain, analyze, and present financial reports related to unit operating budgets, and fund specific items such as student fee revenues.
- Complete a series of annual reports related to the Resource Allocation and Management Program (RAMP) for the University which is submitted to the Systems Office.
- Develop and analyze fiscal data to determine and inform the financial consequences of changes in policy, programs, or activities affecting University finances.
- Develop and implement ad-hoc analytic studies and reports in response to senior management inquiries (campus and University Administration requests/submissions) and as needed for accreditation, regulatory or other reporting requirements.
- Fuse analysis, findings, and best practices into actionable recommendation reports.
- In collaboration with the Director, provide leadership and direction for the office and assigned staff members. Plan, assign and review work of assigned staff to ensure that group objectives are met. Hire, train, develop, and manage staff to ensure that qualified staff exists to meet group objectives.
- Set priorities and guidelines for individual projects and work assignments.
- Draft and revise policies as requested to ensure the efficient use of financial resources, including butnot limited to budget management, waivers, and tuition ratesetting.
- In coordination with the other BFA Associate Directors, direct OBFA in the absence of the Director.
- Participate in committees and task force groups as assigned to professionally and competently represent OBFA.
- Perform other related duties and participates in special projects as assigned.
Preferred Qualifications: Master’s Degree in a relevant field (Public Administration, Business Administration, etc...) preferred. Experience working in a public university preferred. Familiarity with the organization, structure, function and policies of the University of Illinois preferred.
For fullest consideration, please send a letter of interest, current resume and the contact information for up to three professional references by January 25, 2019 to https://jobs.uic.edu