Strategic Budget Director for Finance & Planning

California Institute of Technology; Pasadena (CA); On-site; USD 199,000 - 235,000; Full time

Job summary

The California Institute of Technology in Pasadena seeks a highly motivated Budget Director to lead the Institute's budgeting, forecasting, and analysis functions. Reporting to the CFO, this senior administrator will oversee operating and capital budgets and guide budget processes across multiple units.

The role requires extensive experience in financial analysis and fund accounting, advanced Excel skills, and the ability to communicate complex financial data to executives and stakeholders.

Qualifications

• Bachelor's degree in Business, Finance, Accounting or related field.
• 10 years' experience in financial analysis, budgeting, and reporting.
• Three years' experience and knowledge of fund accounting.
• Advanced knowledge of Microsoft Excel and experience with database tools.
• Strong organizational, oral and written communication and interpersonal skills.
• Ability to manage multiple deliverables and deadlines.

Responsibilities

• Directs the development and administration of the Institute's annual and long-range operating and capital budgets, including budget planning and policy development.
• Prepares the annual operating budget for General Budget, Gifts and Grants, Endowment, Sponsored Research and Auxiliary fund sources.
• Develops and updates complex revenue models, including endowment payout, tuition and fees, federal research and indirect costs recovery.
• Collaborates with Student Affairs and Sr. Leadership in assessing and determining student financial aid budgets and in setting the annual cost of attendance.
• Oversees the budgeting and reporting of faculty and staff salary and benefits; Develops and maintains financial models to determine the cost of the annual salary increase program.
• Oversees the budgeting and reporting of the annual capital budget including the allocation of spending to funding sources; supports capital spending plans.
• Acts in an expert advisory capacity and provides strategic overview to senior management on financial planning initiatives.

Skills

Financial analysis

Budgeting

Accounting

Communication

Leadership

Education

Bachelor's degree in Business, Finance, Accounting or related field

Master's degree in Business, Finance, Accounting or related field

Tools

Microsoft Excel

Database tools

Job description

The California Institute of Technology in Pasadena seeks a highly motivated Budget Director to lead the Institute's budgeting, forecasting, and analysis functions. Reporting to the CFO, this senior administrator will oversee operating and capital budgets and guide budget processes across multiple units.

The role requires extensive experience in financial analysis and fund accounting, advanced Excel skills, and the ability to communicate complex financial data to executives and stakeholders.