Budget & Finance Manager, MAK COBE - Merrilee Alexander Kick College of Business and Entrepreneurship - Dean Business

TITLE

Budget & Finance Manager, Merrilee Alexander Kick College of Business and Entrepreneurship

JOB SUMMARY 

The Budget & Finance Manager, will play a critical role in the financial operations of the Merrilee Alexander Kick College of Business and Entrepreneurship. This position is responsible for analyzing budgetary data, forecasting financial trends, identifying variances, and providing clear, actionable insights to support strategic decision-making within the College. The role also includes monitoring budget-to-actual performance, preparing financial reports, and offering support and training to departments on budget-related processes.

This position requires the ability to interpret organizational policies, procedures, and financial guidelines to provide accurate and effective guidance. The Manager will work closely with the Dean and College leadership to ensure financial integrity and efficiency. Performance is evaluated based on the successful completion of assignments and the impact of financial recommendations.

ORGANIZATIONAL RELATIONSHIPS

Reports to:      Dean, Merrilee Alexander Kick College of Business and Entrepreneurship

Supervises:     Business Manager, Student Assistants, and other clerical staff

ESSENTIAL DUTIES - May include, but not limited to the following:

1. Conducts budgetary and financial analyses, forecasts, and projections to identify trends, gaps, and areas for improvement.
2. Prepares timely, professional financial reports to aid in planning and decision-making by College leadership.
3. Monitors and analyzes departmental operating budgets and supports departments with budget adjustments and transfers.
4. Produce a ROI report and cost benefit analysis when requested.
5. Responds to financial inquiries from faculty and staff regarding College-related expenditures.
6. Prepares contracts for procurement and others.
7. Supports the Dean’s Office with position control tracking, salary budgeting, and vacancy management.
8. Reviews payroll data and flags discrepancies or concerns.
9. Regularly prepares and communicates variance explanations related to College expenditures.
10. Produces the necessary documentation for both internal and external reports.
11. Provides training to College departments on financial systems, policies, and procedures, particularly in Oracle Cloud.
12. Meets monthly with the Dean for strategic planning.
13. Knowledgeable about the College’s fiscal policy and advises members of the leadership team on such.
14. Able to read the University’s financial documents that are available to the College and analyze the potential impact on the College.
15. Collaborates with the Dean and other leaders to develop and refine procedures for identifying and addressing significant budget variances.
16. Assists in the annual budget development process for the College.

ADDITIONAL DUTIES

• Performs other duties as requested.

EDUCATION 

Bachelor’s degree in Business Administration or related area required. Emphasis in accounting and/or finance is preferred. 

EXPERIENCE

Four years of substantial and progressively responsible experience in budgeting, budget variance analysis and forecasting, accounting, or related area required. Experience working in a college or university environment  preferred.

REQUIREMENT

Regular and reliable attendance at the University during regular scheduled days and work hours is an essential function of this position. 

All employees share the responsibility of maintaining information security and privacy requirements within the university by adhering to Federal and State regulations, and TWU Policies & Procedures.

KNOWLEDGE, SKILLS, AND ABILITIES - The following are essential:

• Knowledge of budgetary practices and accounting principles. 
• Knowledge of finance, accounting, budgeting, and cost control procedures.
• Knowledge of financial methods and/or procedures used to analyze data.
• Knowledge of budget, accounting, and purchasing systems and processes.
• Ability to analyze numerical detail, identify patterns or trends, and draw valid conclusions.
• Ability to demonstrate analytical, problem solving, and research capabilities and communicate results in a clear and professional manner.
• Ability to apply budgetary and fiscal planning techniques within financial constraints.
• Ability to organize work effectively, conceptualize, and prioritize objectives and exercise independent judgement.
• Ability to establish, a