Position Summary & Description
SUMMARY:
The IUP College of Osteopathic Medicine Budget Director reports to
the Associate Dean of Operations and, as needed, the Dean,
providing executive-level financial leadership for the university’s
largest college budget. The position is responsible for overseeing
all financial operations of the College, including operating funds,
tuition revenue, grants, donations, and other funding sources,
while managing existing funding initiatives and evaluating new
revenue opportunities and tuition proposals. The Director also
serves as a Budget Analyst, with responsibilities that include
personnel and benefits forecasting, reserve balance reporting,
utility cost analysis, internal shop rate development, and general
operating fund allocations. Additionally, the position conducts
special financial analyses and projects for college leadership and
serves as the primary financial liaison for the College of
Osteopathic Medicine’s finance team.
ESSENTIAL DUTIES:
- Responsible for tracking and projecting all budgets within the
college. Maintain and utilize the financial systems to track and
forecast multi-year personnel expenditures including base salaries,
additional pay, and corresponding benefit expenditures.
Work closely with the dean’s office regarding faculty/personnel
budgeting, estimating and other informational needs.
Contact for the Research Institute to calculate estimates of
IUP personnel for use in research budget proposals.
Review and prepare all faculty online authorizations and
appointments for hiring.
Prepare projections and comprehensive financial reviews on a
regular basis as part of the management of the college’s
budget.
Preparing comparative financial reports, reviewing trends, and
forecasting future activity.
Budget development, budget control, financial and trend
analysis, fiscal policy development, cost studies and long-term
forecasting.
Budget and financial reporting for submission to various
agencies and trustees.
Serve as primary budget analyst responsible for monitoring and
calculating the college’s ongoing operating expenses
Ensure that original budgets, transfers, and adjustments are
posted in accordance with approved budget, accounting system and
accounting guidelines.
Monitor budget activity using actual accounting information and
forecasting tools.
Monitory college reserves and account balances (actuals vs.
projected) on a monthly basis.
Prepare projections, budget proposals, and reporting as needed
for upcoming and ongoing funding opportunities
Support the development of the team concept by participating in
regular meetings and promoting communication.
WORK SCHEDULE:
Monday through Friday 8:00 AM to 4:30 PM
Position Qualifications
MINIMUM:
- Bachelor’s degree in Accounting, Finance, and/or Economics
PREFERRED:
Specialized Training, Program, Licenses or Certificates:
- Background in accounting, economics, and budget management
PREVIOUS WORK EXPERIENCE:
- 2-3 years’ Accounting and/or Budgeting skills
- 2 years’ Experience with financial information systems
- 2 years’ Higher Education financial experience
REQUIRED SKILLS AND KNOWLEDGE:
- Candidates must communicate effectively and perform well in the
interview(s).
- Candidates must have communication skills and cross-cultural
abilities to maximize their effectiveness with diverse groups of
students, colleagues, and community members.