Rice University has retained Russell Reynolds Associates to assist in this recruitment. Confidential inquiries, nominations, and applications (Resumes and letters of interest) should be sent electronically to:

Job Summary

The associate vice president for budgeting and fiscal analysis (AVP) is responsible for overseeing the development and monitoring of the university's annual operating budget, capital budget, and university fiscal analysis. The AVP works closely with the vice president for finance and administration and the deputy CFO on the development of multi-year financial planning to align with the university's strategic plan. The AVP will be a key resource to the President, Vice Presidents, Provost, and other senior leaders for financial modeling and business analytics for data-informed decision making and planning efforts. The AVP is responsible for leadership of staff, including managing staff, making hiring decisions, coaching, training and mentoring, managing performance and determining staffing needs.

Required Qualifications

• Bachelor's degree
• Eight years of experience in budgeting, planning, and financial analysis
• Skills required:
  • Strong financial analysis skills and ability to work with large sets of data
  • Demonstrated expertise in effective communication, both written and verbal, on complex financial issues
  • Demonstrated ability to work collaboratively with a variety of constituencies and multiple interests to achieve organizational objectives
  • Demonstrated ability to collaborate with stakeholders to conceptualize, develop, and implement broad institutional initiatives, policies and practices
  • Strong leadership and management skills with the ability to motivate and inspire a team
  • Strong organizational and project management skills with the ability to manage multiple priorities and meet deadlines
  • Advanced proficiency in Microsoft Excel and other financial software
  • Knowledge of accounting principles, financial analysis, and budgeting techniques

Essential Functions

Program Planning & Analysis

• Develops and manages the annual budgeting process, including working with university leadership to develop departmental budgets, consolidating budgets, and presenting the budget to senior management
• Provides leadership on campus-wide initiatives including redesign of the budget model, benchmarking, and capital finance.
• Leads with a customer-focused approach and provides supervision and mentorship designed to develop the team to operate at the highest levels of performance, efficiency, and integrity
• Builds and develops effective, high-performing teams; leads and directs work and work distribution, manages staff priorities and performance, develops and coaches staff, and instills a culture of high performance and continuous improvement
• Works with other departments to develop financial plans that support organizational goals and objectives
• Develops and implements financial policies and procedures to ensure compliance with accounting standards and regulations

Financial Planning & Analysis

• Develops and implements financial forecasting models to ensure that the organization is meeting its financial goals and objectives
• Consolidate the business unit forecast/plans into the overall campus reporting to build a composite view of the university including net operating income, cash flow and balance sheet impact.
• Conduct and publish quarterly variance to budget / plan analysis for senior campus leadership, identifying and assessing key drivers of performance and updates to year end projected results.
• Develop short and long-term resource projections, analysis & modeling of resource allocations or reductions and fund utilization strategies to maximize resources.
• Analyzes financial data to identify trends, variances, and opportunities for improvement
• Monitors and reports on the organization's financial performance, including developing financial reports and presenting financial data to senior management and the Board of Trustees
• Completes other duties as need or assigned

Preferred Qualifications

• Master's degree in finance, business, or other closely related field
• Experience in higher education and/or nonprofit organizations

Rice University HR | Benefits

https://knowledgecafe.rice.edu/benefits

Rice Mission and Values

Mission and Values | Rice University

Rice University is an Equal Opportunity Employer with commitment to diversity at all levels, and considers for employment qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national or ethnic origin, genetic information, disability or protected veteran status.

Faculty and staff are expected (but not required) to have completed a full vaccination series for COVID-19 (currently defined as full course COVID-19 Vaccine (typically two shots of a WHO-approved COVID-19 Vaccine or one J&J) and a COVID-19 booster. Rice does not require documentation for COVID 19 vaccination at this time for faculty and staff. More information can be found here: https://coronavirus.rice.edu/policies