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Associate Executive, Budgeting

Classification Information

Budgeting
Budgeting prepares, plans, compiles, and reviews the budgets for university departments, taking into consideration actual performance, previous expenditures, and estimated expenses and income. Prepares reports for the comparison between the current situation and budgeted forecast. Maintains accurate spending records and establishes measures for budgetary control. Analyzes budget requirements for specific projects or departments encompassing short-term or long-term time periods.
Executive
Executive: The positions work is achieved through the strategic direction of the organization as a whole. Executives have direct accountability for setting strategic goals and using resources. They are responsible for administrative oversight of a senior management area or other business unit with a universitywide scope of impact. These positions contribute to the highest-level panels and teams. The decisions made under the purview of the executive positions duties must routinely have direct impact on success across the university and impact the overall development of the university. Executive positions are reflected in the E1-E3 career track levels in the management/leadership track.
Level 1
Associate Executive: Accountable for annual execution of goals and objectives in area of responsibility; disseminates goals to direct reports and ensures goals are operationalized. Recommends and may approve policy for area of operational and/or functional control. Typically has multiple directors and managers as direct reports. Scope of responsibility is a university wide sub-function with multiple disciplines, or multiple functions within a college or business unit.
G - General Administration
Roles that are in administrative/ professional non-student facing functions.

Position Summary

The Associate General Executive within Budgeting is a senior-level leadership role responsible for guiding the strategic direction and execution of the university’s budgeting processes. This role encompasses overseeing the preparation, planning, and review of budgets across various university departments, ensuring alignment with organizational goals and financial forecasts. The Associate Executive is accountable for developing budgetary strategies, ensuring accurate financial planning, and reviewing reports to compare actual performance with budgeted forecasts. In this capacity, the Associate General Executive provides leadership to the budgeting team and collaborates with various departments to analyze financial needs, historical performance, and future projections. The role involves overseeing budget compliance, financial analysis, and the establishment of effective budgetary controls. The position ensures that budgetary decisions are in alignment with the university's strategic objectives, providing recommendations for policy changes and budget adjustments as necessary. This position requires a high level of expertise in financial analysis, budget forecasting, and resource allocation, with the ability to influence strategic decision-making at the executive level. The Associate General Executive works closely with senior leaders and department heads, ensuring that financial goals are met, operational plans are executed efficiently, and resources are allocated effectively across the university. The role also includes overseeing the work of multiple directors and managers, mentoring teams to enhance performance, and ensuring that budgetary processes and policies are operationalized and adhered to across the organization. The Associate General Executive within Budgeting plays a critical role in shaping the financial future of the university, making decisions that directly impact the long-term success and sustainability of the institution.