Manager Financial Planning (Budget) - Financial Operations 100% Remote

The Medical College of Wisconsin, Inc.; Madison (WI); Remote; USD 108,000 - 140,000; Full time

Benefits offered by this job

Health insurance

403B retirement plan

Tuition reimbursement

Paid parental leave

Job summary

The Medical College of Wisconsin, Inc. is seeking a senior Budget Manager to lead MCW's Budget function within Financial Planning and Analysis.

This remote role oversees the annual budget process, central funds modeling, and monthly variance reporting, partnering with leadership to advance budget strategy. Must have 7–10 years of finance experience, a Bachelor's degree in Finance or related field, and strong Excel/financial analysis skills.

Qualifications

• Bachelor’s degree in Finance, Business, Accounting, or related field.
• 7–10 years of experience in finance, budgeting, or related field.
• Strong Excel and financial analysis skills; capability to lead a team.

Responsibilities

• Lead preparation for MCW’s annual budget cycle, including system configuration and calendar development.
• Direct budget support for complex departments and supervise budget analysts.
• Act as primary contact for budget questions and escalation across the Budget function.
• Provide ad hoc financial analyses and drive cost reduction and revenue optimization initiatives.
• Oversee system enhancements to improve FP&A processes.

Skills

Excel

Budgeting

Financial analysis

Leadership

Communication

Education

Bachelor’s degree in Finance or related field

Master’s preferred

Job description

SummaryOversees and manages financial budgeting and planning related to the annual budget process, central funds modeling, and monthly variance reporting. Leads and manages MCW’s Budget function within Financial Planning and Analysis, overseeing the annual budget process, central funds modeling, and monthly variance reporting. Partners with the Associate Director of Budget to advance institutional budgetary strategy and financial planning priorities, while supervising and developing a team of financial analysts to ensure the accuracy, integrity, and timeliness of MCW’s budget deliverables.Primary ResponsibilitiesLead preparation for MCW’s annual budget cycle, including system configuration, calendar development, and documentation for budget entry, ensuring departments are equipped to submit timely, accurate budgets.Directly manage budget support for the most complex departments with multiple missions/lines of business (e.g., clinical, basic science, etc.), while supervising and directing the financial analysts who support all other departments. Serve as the primary point of contact and escalation point for budgetary questions and concerns across the Budget function.Proactively measure and report key business trends that will impact financial results.Direct ad hoc financial analyses (e.g., cost savings initiatives, reimbursement modeling, service-line profitability, etc.), assigning and reviewing work across the analyst team to ensure rigor and timeliness of deliverables.Act as a business advisor and partner with departments to develop innovative solutions to solve financial pressures (cost reduction and revenue optimization).Review, interpret, analyze, and make recommendations of annual and ad hoc budget submissions.Measure and report key business trends that will impact financial results.Provide support, training, and guidance of department budgetary system.Examine, communicate, implement, and resolve discrepancies between budget and finance information. Act as a point of escalation for discrepancies or concerns.Monitor initiative success and provide insight and recommendations to improve success, as necessary.Drive and oversee system enhancements to improve financial planning and analysis systems and processes.This position is 100% remote. All remote work must be performed within one of the MCW registered payroll states, which currently includes: WI, AL, AZ, DE, FL,GA, IL, IN, MD, MI, MN, MO, NC, TN, TX, and UTKnowledge – Skills – Abilities• Excellent written and verbal communication skills. Collaborative and team-oriented style.• Proactively anticipates and is flexible to changes in the business environment. Constantly looking for ways to support performance improvement initiatives.• Ability to achieve results in a complex matrix organization through effective delineation of task assignments, ensuring adequate resource allocation, assisting project participants resolve barriers and solve issues and appropriate escalation of resource issues and concerns.• Ability to listen critically to solicit ideas from operational participants at all levels of the organization to develop solutions that are owned and valued by the operational end users.• Willingness to understand how systems and applications supporting the business processes work. Can communicate effectively with technical IT/IS staff to convey business processes and requirements. Is familiar with infrastructure set-up and how various pieces fit together.• Strong technical analytical skills. Mastery of Microsoft Excel.• Avid attention to detail with the ability to understand and integrate detail with the big picture.• Ability to effectively manage others.QualificationsAppropriate experience may be substituted for education on an equivalent basis.Minimum Required Education: Bachelor’s degree in Finance, Business, Accounting, or related fieldMinimum Required Experience: 7-10 yearsPreferred Education: Master’s preferredPreferred Experience: Finance, Business, Accounting, or related field requiredPhysical RequirementsWork requires occasionally lifting moderate weight materials, standing, or walking continuously.Work EnvironmentOccasional exposure to dust, noise, temperature changes, or contact with water or other liquids. Work is performed in an environmentally controlled environment.Sensory AcuityAbility to detect and translate speech or other communication required. May occasionally require the ability to distinguish colors and perceive relative distances between objects.#LI-AV1Target salary range for this position is between $108,300.00 and $139,800.00 annually. The final offered salary will depend on the applicant’s education, experience, skills, and knowledge, as well as considerations of internal equity and market alignment.Why MCW?Outstanding Healthcare Coverage, including but not limited to Health, Vision, and Dental. Along with Flexible Spending options403B Retirement PackageCompetitive Vacation and Paid Holidays offeredTuition ReimbursementPaid Parental LeaveEmployee & Family Assistance Program (EFAP)Pet InsuranceOn campus Fitness Facility, offering onsite classesAdditional discounted rates on items such as: Select cell phone plans, local fitness facilities, Milwaukee recreation and entertainment etc.For a brief overview of our benefits see: Benefits OverviewFor a full list of positions see: MCW CareersAt MCW all of our endeavors, from our internal operations to our interactions with our partners, are driven by our shared organizational values: Caring – Collaborative – Curiosity – Inclusive – Integrity – Respect. We are committed to fostering an inclusive environment that values diversity in backgrounds, experiences, and perspectives through merit-based processes and in alignment with all applicable laws. We believe that embracing human differences is critical to realize our vision of a healthier world, and we recognize that a healthy and thriving community starts from within. Our values define who we are, what we stand for and how we conduct ourselves at MCW. If you believe in embracing individuality and working together according to these principles to improve health for all, then MCW is the place for you. For more information, please visit our institutional website.MCW as an Equal Opportunity Employer and Commitment to Non-Discrimination:The Medical College of Wisconsin (MCW) is an Equal Opportunity Employer. We are committed to fostering an inclusive community of outstanding faculty, staff, and students, as well as ensuring equal educational opportunity, employment, and access to services, programs, and activities, without regard to an individual's race, color, national origin, religion, age, disability, sex, gender identity/expression, sexual orientation, marital status, pregnancy, predisposing genetic characteristic, or military status. Employees, students, applicants or other members of the MCW community (including but not limited to vendors, visitors, and guests) may not be subjected to harassment that is prohibited by law or treated adversely or retaliated against based upon a protected characteristic.