St. John’s established in 1870, has three New York City campuses; a graduate center in Hauppauge, NY; international locations in Rome, Italy; Limerick, Ireland; and Paris, France; and study abroad locations around the world. The Princeton Review and other top rankings consistently recognize the University’s outstanding academics, diverse student body, dynamic internship and volunteer opportunities, focus on student life, and diverse study abroad offerings. St. John’s University offers more than 100 undergraduate and graduate programs in its six colleges and schools, with a growing number of programs offered online. The University is accredited by the Middle States Commission on Higher Education and 12 other major academic and professional associations.
A dedication to diversity, equity and inclusion is at the heart of our mission. As a Catholic and Vincentian university, St. John’s is committed to institutionalizing practices of inclusive excellence to ensure that we welcome and celebrate the intrinsic worth of all members of our community. We will become an even stronger university as we enhance equity at every level of our institution. As noted in our Vision Statement, our graduates will excel in the competencies and values required for leadership and service in a rapidly evolving world.
ASSOCIATE VICE PRESIDENT FOR BUDGET AND PLANNING
POSITION SUMMARY:
Reporting to the Vice President for Business Affairs, Chief Financial Officer and Treasurer (“CFO”), the Associate Vice President for Budget and Planning (“AVP”) manages a team and provides leadership for the following functions:
- Operating and Capital Budgeting
- Planning and Financial Analysis
- Debt Management
- Insurance Planning and Renewals
- Real Estate Acquisitions and Dispositions
RESPONSIBILITIES:
- Working with senior management and academic and administrative units, lead the development of the annual operating and capital budgets and recommend resource allocations (including the utilization of designated and restricted funds) that address the University's priorities and operating plans.
- Continuously monitor, evaluate, and report on the University’s financial performance, making recommendations for enhancing revenues and/or mitigating costs, and ensuring budget discipline by operating units.
- Lead efforts to continue the development of comprehensive multi-year financial plans by engaging key stakeholders with particular emphasis on the academic sector, enrollment management and student financial services, student affairs and information technology.
- Ensure effective integration of the annual budget and multi-year financial plans with the University’s strategic plan.
- Leverage new and existing technology resources to drive operational efficiency and increase productivity.
- Collaborate with the Controller and Chief Investment Officer to ensure that cash balances and operating endowment draws are sufficient to meet operating and capital budget needs.
- Manage the University’s long-term debt portfolio, including relationships with rating agencies, underwriters, financial advisors and bondholders. Together with financial advisors, underwriters, and the Controller, identify and lead debt restructuring opportunities, manage bond offerings, and oversee post-issuance tax-exempt debt compliance.
- Evaluate and lead execution of business transactions including but not limited to, acquisition, leasing, and disposition of University real estate and other tangible assets.
- Manage the University’s insurance program, lead insurance renewal negotiations and, together with the Office of General Counsel, provide oversight of related risk management activities.
- Prepare various reports and analyses requested by senior management and quarterly reporting to Resource Management and Partnerships Committee of the Board of Trustees.
- Working with the Controller, ensure development, documentation and compliance with financial policies and procedures.
- Assist with faculty collective bargaining negotiations, as necessary.
- Serve as the CFO’s delegate to the Budget Committee of the University Senate.
- Co-chair the Institutional Resources subcommittee of the Strategic Planning Committee.
- Participate in month-end and year-end closing procedures.
- Ensure effective management of budget and planning office staff to achieve the purposes of the office.
- Handle day-to-day operational and management responsibilities with substantial independence.
- Other duties as may become necessary.
MINIMUM QUALIFICATIONS:
- Bachelor’s degree in Accounting, Finance, or related field.
- Seven or more years’ experience in budgeting and planning.
- Five years or more of supervisory experience.
- Ability to exercise a high degree of independent judgment.
- Creative and analytical thinking required.
- Ability to organize, plan, determine priorities, and execute on tasks and responsibilities timely and accurately.
- Must have competence in automated financial systems, spreadsheet, and other financial and accounting software applications.
- Excellent interpersonal, oral, and written communication skills, including ability to describe complex issues in simple terms.
- Ability to work collaboratively with academic and administrative units.
PREFERRED QUALIFICATIONS:
- Experience in a higher education environment or other complex institutional environment.
- Experience developing and managing an operating budget of at least $250 million.
- Advanced degree in business or related field.
- Knowledge of Banner Finance.
PHYSICAL DEMANDS:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
OTHER DUTIES:
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
St. John’s offers a competitive compensation program which is commensurate with your qualifications, experience, and contingent upon the departmental budget. We also offer an extremely comprehensive benefits program to meet the diverse needs of our workforce. Along with exceptional benefits such as medical, dental, life insurance, long term disability insurance, tuition remission, generous 403(b) employer contribution, employee assistance program, and liberal paid time off policies, faculty and staff can also enjoy St. John’s performing arts, libraries, bookstores, dining facilities, campus recreation and sporting events.
Any offer of employment is subject to receipt by St. John’s University of satisfactory references, verification of employment and education.
St. John’s University is an Equal Opportunity Employer and encourages applications from women and minorities. All qualified applicants will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national or ethnic origin, age, status as an individual with a disability, protected veteran status, or any other characteristic protected by law.
Required Skills
Required Experience