NYU Rory Meyers College of Nursing | Vice President, ...

Position Summary Serving as a member of the Senior Vice President and CFO's senior leadership team, the Vice President (VP) will lead budget and long-range financial planning and analysis university-wide and support the university's administrative and academic business officers. The VP will also serve as a key advisor to the university's senior leadership team, the EVP, deans and senior administrative leaders to address the challenging issues that confront this large, global, research intensive private university. They will be responsible for providing financial analysis and regular updates on NYU's budget and financial condition. This individual will also be responsible for providing regular updates and analysis to NYU's Board of Trustees with regards to NYU's budget and financial condition, and special analysis or projects, as requested by the Board, President, EVP and/or CFO. Budget, Financial Planning & Analysis includes creating, updating and maintaining the University's ten-year operating plan and, financial forecasting, resource planning, analysis and recommendations as needed throughout the year. The VP will coordinate with the Treasurer in maintaining the ten-year capital plan and ensure NYU's financial sustainability and operational efficiency across its global footprint. With an annual operating budget of $4.349 million and a team of 11 full-time staff, the Office of Budget, Financial Planning, and Analysis serves as a steward of university resources, driving institutional priorities through effective financial management and decision-making support. Key Responsibilities: Lead University Budgeting, Planning, and Forecasting - Oversee NYU's annual budgeting process, ensuring alignment between institutional goals and the priorities of colleges, schools, and units. Manage all aspects of resource allocation, long-range planning, and financial forecasting with accuracy, quality, and timeliness. Define and streamline the budget process by establishing clear timelines, deliverables, and workflows to ensure high-quality outcomes. Provide Financial Leadership and Partnership - Serve as a strategic partner to schools and units, balancing institution-wide goals with local opportunities and constraints. Build and maintain strong relationships with fiscal officers to enhance financial decision-making and align practices across the university. Mentor and train staff to ensure adherence to standards in financial planning and analysis. Guide Strategic Financial Initiatives - Work with the SVP/CFO and Senior Leadership to assist in the design and execute the delivery of key financial modernization initiatives within the budget and financial planning space. Drive Efficiencies - Identify and implement cost-saving measures, reduce redundancies, and improve operational efficiency. Leverage best practices in processes, organizational structures, and technology to optimize financial outcomes and resource utilization. Deliver Data-Informed Leadership - Collect, analyze, and leverage financial data to support strategic decision-making across NYU. Collaborate with schools and units to ensure data accuracy and enable effective financial modeling. Provide leadership in financial systems enhancements to improve budgeting and decision-making capabilities. Develop and Lead the Office of Budget and Financial Planning - Recruit, develop, and retain a high-performing team of financial professionals, fostering a collaborative and service-oriented culture. Serve as a mentor, building the team's expertise while promoting diversity, inclusion, and integrity. Qualifications The successful candidate will bring a proven track record of financial leadership, strategic vision, and the ability to navigate a complex and dynamic global organization, while fostering collaboration across diverse academic and administrative units. At least 10 years of experience in budget and financial management, including financial modeling and long-range planning. Higher education experience within a highly decentralized environment and complex regulatory requirements is strongly preferred. A deep knowledge of university budgets, including their development, management, and alignment with institutional priorities. This includes expertise in creating and managing budget systems, policies, and procedures that effectively steward resources and support strategic decision-making. A detailed understanding of the higher education financial landscape including a robust knowledge of inter-organizational funds flows between the university proper and affiliates (e.g. NYU Health). Exceptional financial planning and analysis skills are essential, including strong technical expertise in reporting, P&L forecasting, and operational analysis. The ability to navigate and lead in a highly complex, matrixed organization is critical, along with demonstrated success in leading large-scale initiatives, driving cost reductions, enhancing revenue, and delivering structural and operational improvements. Strong communication and interpersonal skills, with the ability to engage with senior administrators, faculty, and Board of Trustees members. This includes the capacity to translate complex financial data into clear, actionable insights and to present information effectively to diverse audiences, including senior executives and board members. A proven track-record of implementing large, transformational, cross-campus projects or initiatives that involve stakeholder engagement, change management, and consensus building. A track record of team building, including recruiting, mentoring, and retaining high-performing individuals, is essential. This includes fostering an inclusive culture while leading business process improvements and implementing major system enhancements. Fluency in data collection, predictive modeling, and data-driven decision-making. The ability to leverage technology and improve processes to enhance budgeting and financial analysis efficiency. Sound judgement and a commitment to NYU's mission and values. Experience and Education: Master's Degree in Business Administration (MBA) or other advanced degree strongly preferred 10+ years relevant experience including planning, implementing, and leading strategic organizational wide initiatives required 10+ years experience with budgeting and financial analysis for a large, private research institution of higher education preferred Additional Information In compliance with NYC's Pay Transparency Act, the annual base salary range for this position is USD $523,000 to USD $593,000. New York University considers factors such as (but not limited to) scope and responsibilities of the position, candidate's work experience, education/training, key skills, internal peer equity, as well as, market and organizational considerations when extending an offer. This pay range represents base pay only and excludes any additional items such as incentives, bonuses, clinical compensation, or other items. NYU aims to be among the greenest urban campuses in the country and carbon neutral by 2040. Learn /nyugreen. EOE/AA/Minorities/Females/Vet/Disabled/Sexual Orientation/Gender Identity Share this job ( Need help finding the right job? We can recommend jobs specifically for you! Posting Number Posted Date4 hours ago(12/11/2024 3:00 PM) Location : LocationUS-NY-New York Hybrid Remote Work ClassificationHybrid: 60% to 80% Onsite DepartmentOffice of the SVP Finance and Budget/Chief Financial Officer School/DivisionOffice of the SVP Finance and Budget/Chief Financial Officer (WS2704) Compensation GradeBand 56 UnionN/A FT/PTFull-Time CategoryFinance/Real Estate/Procurement/Grant Management

Created: 2024-12-13