Assistant Vice President, Financial Planning and Analysis

Job Description

Reporting to the Vice President of Finance and Chief Financial Officer (CFO), the Assistant Vice President of Financial Planning & Analysis (AVP) is a proactive,collaborative,data-informed professionalwitha problem-solving mindset. The AVP will leverage

WIT’s recent implementation of Workday Financial to develop and implement annual and multiyear financial planningprocesses that support strategic decision-making.

The AVP will prioritize decision support by building partnerships and building acomprehensive understanding of the financial complexities and competing needs of the organization. The AVP will lead the work to develop useful and robust analyses and long-term financial models to inform discussions of critical issues.

This is a pivotal role that providesfinancial leadership and decision support to the executive level of WIT. Theideal candidate brings deepexpertisein financial strategy, a collaborative mindset,experience working at the executive/boardleveland a commitment to using data to support academic innovation and effective resource management.

The AVPshould have experience with non-profit accounting as they willwork closely with the University Controller to ensurebudgeting,forecasting and decision support incorporate the primary tenants of non-profit/higher education accounting rules.

• Work closely with the Senior Vice President (SVP) and CFO on budget development, long-term financial projections, pro forma planning, cost benefit analysis, program/unit performance.??
• Build/refinedynamic planning tools to enable scenario planning within multi-year operational and capital financial plans.
• Provide decision support toacademic and administrative leaders to evaluate initiatives, enrollment strategies, tuition models, and capital projects.
• Support analysis on projects, programs and initiatives for which there is a financial component. Such projects may include private-partnership projects, and third partyvendor partnerships.??

• Ensure that academic and administrative leaderscan access and effectively use key financial reports that can support daily/ongoing decision making.
• Develop strong partnerships with academic and administrative leaders to supplement self-service reporting with more detailed trend analysis.
• Partner with key stakeholders to develop analysis of trends within key areas, including enrollment, net tuition, auxiliary revenue, capital spending, and provide recommendations for long-range planning.
• Partner with Controller to ensure that accounting standard operating procedures and internal controls (SOPIC) are supporting ongoing budgeting reporting & analysis.
• Partner with technical experts to enhance and maximize use of executive and department-level reporting.

• Lead the annual budget process, including providing analysis and recommendations throughout the budget cycle to ensure sustainability and strategic alignment.
• Lead in-year performance analysis, including quarterly reforecasts; identify variances and partner with academic and administrative leaders to develop tradeoff-based solutions.
• Partner with Controller and accounting team to conduct quarterly financial closes, and provide year-over-year flux analysis.
• Partner with Controller during annual close; create and analyze a wide range of financial statements in support of WIT’s annual core financial audit.

• Present complex financial data in clear, actionable formats for a broad audience.
• Build cross-functional, trusted partnerships relationships that support financial transparency and data-informed planning across the organization.

• Supervise one Senior Financial Analyst.
• Serve as senior member of the WIT finance team leadership team, helping to foster a culture of service, collaboration, and excellence.
• Partner with Controller to ensure that the Accounting and Financial Planning teams are aligned throughout all phases of the annual financial cycle.
• Partner with other senior members of the WIT finance team to foster a…