Associate Director, Financial Planning
Company: Columbia University
Location: New York
Posted on: January 27, 2023
- Job Type: Officer of Administration
- Bargaining Unit:
- Regular/Temporary: Regular
- End Date if Temporary:
- Hours Per Week: 35
- Salary Range: $83,000 - $101,000
Reporting to the Senior Director for Budget and Financial Reporting
and working closely with the Senior Executive Director of the
Financial Planning Office, the Associate Director is responsible
for independently managing the reconciliation of financial
activities across departments and programs at Columbia Business
School. The Associate Director serves as a resource to departments
and programs for specialized knowledge of budget preparation,
financial reporting, and reconciliation. S/he is responsible for
creating and maintaining financial reports for faculty,
administration, and students.
- Strategically manages the review and reconciliation of revenue,
ensuring all accounting systems accurately reflect department or
program activity, including receipts, billing, and deferments.
Reconciles internal, external records, and University
- Analyzes financials, including the variance from budget for all
CBS accounts. Monitors income and expense activities to ensure
compliance with budgetary guidelines. Responsible for identifying
problems, making recommendations, and implementing solutions
regarding budget issues. Works in partnership with internal and
external constituents to research and independently resolves
problems with overdrafts and budget errors, as needed.
- Manages the preparation of the school's operating budget
according to School guidelines, ensuring compliance with University
policies and guidelines. Consolidates all departmental submissions.
Makes recommendations for updates based on the review of trends,
including prior year performance, etc. Ensures the approved budget
is reflected accurately and timely in the University's accounting
- Creates, maintains, and produces an accurate and complex suite
of reports for Senior Leadership of the School. Prepare ad hoc
financial analyses and reports as necessary.
- Responsible for analysis and confirmation of all Executive MBA
program revenues. Reviews and assists with procedures for billing,
accounting, and reconciliation.
- Responsible for processing monthly and quarterly financial
transactions for administration, faculty, and students. Works in
close collaboration with the FPO team and CBS staff to complete all
monthly, quarterly and year -end transactions. Works with the
Senior Director in completing variance analyses, quarterly
financial updates in the budget tool, clearing suspense and other
financial transactions and analyses to meet school and University
deadlines. Analyzes ARC projects, responds to inquiries and makes
any adjustments as necessary.
- Works with various CBS departments to manage their financial
accounting transactions. Works with these departments independently
to determine the appropriate steps for nuanced requests. Monitors
and reports on financial activity to Senior Leadership. Establishes
their budgets and audits process for compliance with school
policies and procedures.
- Participates in the completion of special projects, such as
Long-Term Planning, and 990 reporting.
- Prepares fiscal year-end transactions and schedules, to ensure
the school meets all deadlines set by the University. Conducts
independent financial audits when required.
- Performs other related duties as assigned.
Bachelor's degree required. Advanced degree desirable. Minimum of
4-6 years of related experience required.
Must have demonstrated excellent interpersonal and communication
skills. Must possess strong quantitative skills with a high degree
of proficiency in spreadsheets, including Excel. Strong
organizational, problem-solving and customer-service skills
required. Must be detail oriented and able to prepare reports and
recommendations based on thorough financial analysis. Ability to
act proactively, and a demonstrated ability to work independently
and handle multiple projects simultaneously. Deadline driven with
good time management skills. Accounting and reporting skills
required. Ability to work with confidential data and demonstrate
discretion in all interactions.
Experience in CU Payroll and Accounting Systems (ARC, PAC)
Equal Opportunity Employer / Disability / Veteran
Columbia University is committed to the hiring of qualified local
Keywords: Columbia University, New York , Associate Director, Financial Planning, Executive , New York, New York
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