Inside Higher Ed · 4 days ago
Director of Financial Planning and Budget Manager
Frankfort, KY
Full-time
Onsite
Lead/Staff, Director/Executive
3+ years expInside Higher Ed is seeking a Director of Financial Planning and Budget Manager responsible for leading the development, coordination, and oversight of financial operations at Kentucky State University. This role involves strategic direction for budget development, financial planning, and compliance with regulations, working closely with university leadership to support informed decision-making.
Digital MediaEducationHigher EducationJournalismRecruiting
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
Qualification
Required
Master's Degree in Business Administration, finance, or similar area
At least 3 years of experience in administrative processes
Extensive knowledge of federal and state financial regulations, and university financial policies and procedures
Strong background in accounting, financial planning, and budget management
Demonstrated experience developing and overseeing large, complex budgets
Skill in financial modeling, forecasting, and strategic analysis
Proficiency in ERP and financial systems (e.g., Banner, ADP)
Excellent written, verbal, and interpersonal communication skills
Ability to provide leadership, direction, and mentorship to professional staff
Strong analytical, organizational, and problem-solving skills
Ability to prepare comprehensive reports containing technical and financial information
Ability to work collaboratively across departments to support institutional objectives
Commitment to ethical financial management and confidentiality of sensitive information
Company
Inside Higher Ed
Inside Higher Ed is the online source for news, opinion, and jobs related to higher education.
51-200 employees
Funding
Current Stage
Growth StageTotal Funding
unknown2022-01-10Acquired
2006-08-31Series Unknown
Leadership Team
Stephanie Shweiki
Director, Foundation Partnerships
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