Assistant Vice President, Financial Planning and Analysis

Job Description

Reporting to the Vice President of Finance and Chief Financial Officer (CFO), the Assistant Vice President of Financial Planning & Analysis (AVP) is a proactive, collaborative, data-informed professional with a problem-solving mindset. The AVP will leverage WIT’s recent implementation of Workday Financial to develop and implement annual and multiyear financial planning processes that support strategic decision-making. The AVP will prioritize decision support by building partnerships and building a comprehensive understanding of the financial complexities and competing needs of the organization. The AVP will lead the work to develop useful and robust analyses and long-term financial models to inform discussions of critical issues.   

This is a pivotal role that provides financial leadership and decision support to the executive level of WIT. The ideal candidate brings deep expertise in financial strategy, a collaborative mindset, experience working at the executive/board level and a commitment to using data to support academic innovation and effective resource management. The AVP should have experience with non-profit accounting as they will work closely with the University Controller to ensure budgeting, forecasting and decision support incorporate the primary tenants of non-profit/higher education accounting rules.  

Key Responsibilities:

Long range strategic financial planning  

• Work closely with the Senior Vice President (SVP) and CFO on budget development, long-term financial projections, pro forma planning, cost benefit analysis, program/unit performance.   

• Build/refine dynamic planning tools to enable scenario planning within multi-year operational and capital financial plans.

• Provide decision support to academic and administrative leaders to evaluate initiatives, enrollment strategies, tuition models, and capital projects. 

• Support analysis on projects, programs and initiatives for which there is a financial component. Such projects may include private-partnership projects, and third party vendor partnerships.   

Financial Reporting & Analysis 

• Ensure that academic and administrative leaders can access and effectively use key financial reports that can support daily/ongoing decision making.  

• Develop strong partnerships with academic and administrative leaders to supplement self-service reporting with more detailed trend analysis.

• Partner with key stakeholders to develop analysis of trends within key areas, including enrollment, net tuition, auxiliary revenue, capital spending, and provide recommendations for long-range planning.

• Partner with Controller to ensure that accounting standard operating procedures and internal controls (SOPIC) are supporting ongoing budgeting