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Kentucky State University · 1 month ago

Director of Financial Planning and Budget Manager

Frankfort, KY, US

Full-time

Onsite

Lead/Staff, Director/Executive

3+ years exp

Kentucky State University is seeking a Director of Financial Planning and Budget Manager to lead the development and oversight of the university's operating budgets and financial forecasts. This role involves providing strategic direction for financial planning, ensuring compliance with regulations, and supporting informed decision-making across the university's divisions.

EducationHigher EducationTrainingUniversities

No H1B

Responsibilities

Lead the development, maintenance, and analysis of budgetary and financial data for all University divisions, ensuring fiscal accountability and compliance with university, state, and federal regulations

Oversee University-wide budget development, including annual operating budgets, forecasting, and variance analysis

Partner with leadership to develop and implement financial planning strategies that support institutional goals and priorities

Provide consolidated reporting and budget performance analysis for senior leadership, the Board of Regents, and external agencies as required

Analyze historical and projected fund usage to forecast needs and assist in long-term financial planning

Monitor and manage grant, contract, and restricted fund budgets in collaboration with Sponsored Programs, ensuring compliance with federal and state funding requirements

Maintain a comprehensive understanding of Generally Accepted Accounting Principles (GAAP) and ensure adherence in all financial activities

Develop and maintain budget policies, procedures, and financial models to enhance the University’s fiscal efficiency

Access, analyze, and report financial data from enterprise systems such as Banner and ADP

Collaborate with Human Resources, Procurement, and other administrative offices to align budget planning with workforce and operational needs

Supervise and train staff in the budgeting and financial analysis functions, including assigning and reviewing work, conducting evaluations, and promoting professional development

Provide financial consultation and support for capital planning, strategic initiatives, and cost-benefit analyses

Stay current with federal, state, and institutional financial regulations and best practices

Perform other related duties as assigned