Basic Function: The
Budget Director will be Responsible for all aspects of the ESD's budget functions, including the formulation and preparation of the corporate and subsidiaries annual operating budgets, monitoring and forecasting revenues and expenditures, identifying causes for budget variances.
Work Performed: (list the duties of this position)
- Oversee annual operating and capital budget planning, monitoring, and quarterly variance analysis for corporate departments and subsidiaries, including the evaluation of expense requests, develop recommendations and present issues and analytical findings to the CFO
- Analyze historical results and forecast future performance, including projecting revenue/surpluses and expense/deficits, identifying potential risks and inefficiencies across departments and/or projects.
- Prepare quarterly and cumulative expense reports to monitor spending relative to budget; investigate changes or discrepancies, analyze data to understand causes, and present analyses to management.
- Lead strategic oversight and collaboration with department heads of corporate and subsidiary budget operations including headcount and program initiatives.
- Evaluate the efficacy of annual revenue streams and one-shot revenue infusions.
- Tie accrual budget to cash flow by mapping revenue and expense targets into liquidity projections.
- Analyze financial data to develop reports, dashboards, and recommendations to support executive decision-making.
- Lead and supervise a team of two staff, including hiring, training, performance evaluations, and workload management.
Minimum Requirements:Education level required: (education required for this position) bachelor's degree.
Experience Required: 3+ years' experience in a finance environment, including budget responsibilities. Supervisory experience required.
Knowledge Required: Proficiency in all Microsoft Office applications including Excel, PowerPoint and Dynamics. Detail oriented with strong organizational skills to manage multiple projects; Excellent written and oral communication skills; Comfortable communicating with all levels of management; PeopleSoft experience a plus.
