Executive Director, Strategic Budget Modeling

Posting Summary
Rutgers The State University is seeking an Executive Director Strategic Budget Modeling within the Financial Planning Analysis and Budget department the universitys central budget office. Reporting to the Vice President for Financial Planning and Analytics Chief Budget Officer (VP for FP&A CBO) the Executive Director of Strategic Budget Modeling leads the Universitys enterprise-wide multi-year forecasting scenario planning and strategic budget modeling function. Serving as a senior thought partner to the VP for FP&A CBO and working in partnership with the AVP of FP&A campus CBOs and executive leadership the Director designs and maintains advanced forecasting frameworks that integrate and model all university operating revenues (including but not limited to net tuition and fees and auxiliaries) and expenses (including but not limited to student financial programs personnel non-personnel and strategic investments). The Executive Director will oversee a high-performing team that serves as the Universitys center of excellence for forecasting what-if analyses multi-year forecasting and strategic financial insights aligned with the Universitys long-term fiscal sustainability goals. The role also stewards the Universitys Oracle EPM for Multi-Year Strategic Modeling to advance literacy and adoption across the University. Among the key duties of this position are the following: Strategic Forecasting & Financial Modeling Leads the design enhancement and governance of multi-year forecasting models covering all university operating revenues and collaboration with institutional subject matter experts develops institution-wide budget and finance forecasting methodologies assumptions and scenario frameworks with clear documentation and change control. Produces what-if and sensitivity analyses to evaluate external market shifts policy changes and strategic initiatives; translate findings into actionable recommendations for leadership. Ensures forecasting is tightly aligned with institutional mission strategic priorities and financial sustainability goals Incorporate predictive analytics and trend analysis to anticipate structural risks and opportunities before they materialize Enterprise Budget Analytics & Decision Support Leads advanced analytics to assess financial performance cost structures program margins and long-term risks/opportunities. Develops executive-ready decision memos and presentations for the CBO CFO Presidents Office and governing boards. Integrates academic/operational KPIs into financial outlooks; identifies trends and emerging issues and proactively shares executive-ready collaboration with the AVP for FP&A embeds forecasting and scenario planning into annual budget development and mid-year forecasts. Translates complex financial analyses into clear narratives that support informed decision-making for diverse audiences including non-financial leaders. Oracle Strategic Modeling Oversight & Campus Enablement Serves as lead expert for the Oracle Multi-Year Strategic Modeling tool. Partners with OIT Data & Analytics Financial Planning & Analytics and UCO staff to optimize forecasting capabilities and data pipelines. Advances multi-year strategic budget modeling literacy across the University: develops training user guides and communications to ensure finance staff and unit leaders become conversant with available Oracle EPM for Strategic Modeling and outputs. Implements Strategic Modeling governance data-quality controls and version-management processes. Leadership Team Management and Staff Development Directly supervise two Strategic Budgeting Analysts; sets goals assign work coach and conduct performance leading the Budget Analytics & Strategic Modeling team sets vision standards and priorities; cultivates a high-functioning service-oriented culture. Plans and delivers university-wide upskilling initiatives in forecasting scenario modeling and analytics for budget and finance staff. Mentors analysts and partners with campus finance leaders to expand institutional modeling combined with analytical maturity and storytelling. Fosters a culture of continuous improvement innovation and professional development. Strategic Initiatives Research and Special Projects Leads cross-functional projects that require advanced modeling and fiscal strategy (e.g. reorganizations new programs shared services). Conducts benchmarking; recommends methodologies policies and tools that strengthen resilience and agility. Provides research and modeling on emerging institutional opportunities and risks. (demographics enrollment markets labor costs etc.) Prepares executive presentations and materials for senior leadership and governing boards.

Overview
Rutgers The State University of New Jersey is a leading national research university and the State of New Jerseys preeminent comprehensive public institution of higher education. As one of the largest employers in the State of New Jersey Rutgers University is committed not only to the students and the State that we serve but also to the faculty and staff who work on our campuses. Ranked in 2022 by Forbes as a top 100 best large employer in America Rutgers commitment to its employees includes maintaining and fostering a safe diverse and respectful workplace environment creating employment opportunities for our nations military veterans and ensuring accessibility and accommodation for individuals with disabilities. University Finance and Administration ( UFA ) advances Rutgers strategic priorities through the management of all central financial administrative and student information systems and processes. We supply the universitys financial community the professional guidance services tools and information needed to make the informed decisions that contribute to Rutgers standing as an academic health and research powerhouse. We are deeply committed to our guiding principles and the core values that are critical for the long-term strategic growth of our division and the university. For more information please visit .

Preferred Qualifications
Masters degree ( MBA MPA / MPP MA/S in Analytics/Finance/Economics). Experience with Oracle EPM Cloud ( EPBCS PCMCS FCCS Strategic Modeling) and with ERP /GL HR/Payroll and student system integrations. Experience implementing rolling forecasts predictive analytics or enterprise multiyear planning. Experience implementing rolling forecasts predictive analytics or enterprise multiyear planning. Experience in estimating net tuition revenues and working with enrollment management and financial aid analytics. Experience with RCM or activity-based costing and cost pool methodologies.