Budget Director directs and controls an organization's budgeting and financial forecasting activities. Leads the budgeting process for annual, quarterly, and monthly budget development. Being a Budget Director develops budgetary policies and guidelines to meet short and long-term financial goals. Establishes processes to incorporate past financial results into budget development. Additionally, Budget Director monitors and analyzes performance against budgets. Develops and implements tools and reporting used for planning, forecasting, monitoring, and decision support. Presents budget data to senior management and/or board. May require a MBA. Typically reports to top management. The Budget Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Budget Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)
For School Year 2023-2024
240 - Work Day Calendar (July 1 - June 30)
Annual Salary: $97,035 (Actual Salary will be based on skills, competencies, and like experience)
Job Summary:
The Budget Director plays a critical role in overseeing and managing the financial activities of an the district. They are responsible for developing, implementing, and monitoring the district's budgetary process to ensure fiscal responsibility and efficiency. The Budget Director collaborates closely with senior management, department heads, and other stakeholders to align budgetary goals with strategic objectives. They must possess strong analytical skills, attention to detail, and a deep understanding of financial principles and practices.
Essential Duties and Responsibilities:
Lead the development of the district's annual budget in collaboration with department heads and senior management.
- Analyze financial data, market trends, and organizational priorities to forecast revenue and expenses accurately.
- Ensure that budget allocations align with strategic goals and operational needs.
- Identify cost-saving opportunities and efficiency enhancements to optimize resource allocation
- Oversee the implementation of the approved budget, ensuring compliance with financial policies and procedures.
- Monitor budget performance regularly and provide timely reports to senior management and stakeholders.
- Identify variances between budgeted and actual expenses and recommend corrective actions as needed.
- Conduct financial analysis to assess the financial health of the district and identify areas for improvement.
- Prepare comprehensive financial reports, including income statements, balance sheets, and cash flow statements.
- Interpret financial data to provide insights into the district's financial performance and trends.
- Present financial information to senior management and the Board of Education in a clear and concise manner.
- Collaborate with external auditors and regulatory agencies to ensure compliance with financial reporting requirements.
- Provide financial expertise and guidance to senior management in strategic decision-making processes.
- Participate in strategic planning sessions to align budgetary priorities with long-term district objectives.
- Conduct financial modeling and scenario analysis to support strategic initiatives and investment decisions.
Education, Training and Experience:
Application Procedure:
Click on the red “Apply” button to complete an online application, you must apply to each position that is of interest to you.
FLSA: Exempt
Job Type: Full-time
Pay: $68,566.59 - $82,574.82 per year
Benefits:
Schedule:
People with a criminal record are encouraged to apply
Work Location: In person