Financial Planning & Budgeting Partner
JOB TITLE
Financial Planning & Budgeting Partner
LOCATION
Worcester
DEPARTMENT NAME
Finance & Budget
DIVISION NAME
Worcester Polytechnic Institute - WPI
JOB DESCRIPTION SUMMARY
The Financial Planning & Budgeting Partner supports the university's financial planning, budgeting, and reporting functions by maintaining financial data, performing analysis, and partnering with departments to support informed decision-making. Working within the FP&A office, this role contributes to budget and forecasting processes, ensures data integrity across financial systems, and delivers timely, accurate reporting and insights.
This position reports to the Director of Financial Planning & Budgeting and plays a key role in supporting financial operations while contributing to continuous improvement in processes and systems.
This is a hybrid role with an expectation of three days on-site per week.
JOB DESCRIPTION
Budgeting, Forecasting & Financial Reporting
- Support annual budget development and quarterly forecasting through data collection, validation, and system entry (e.g., Adaptive, Workday).
- Prepare and analyze routine financial reports, including budget-to-actuals, variance analysis, and non-operating fund tracking; identify trends and escalate key insights.
- Process and support operating and capital budget adjustments, ensuring accuracy and proper documentation.
Financial Systems, Data Integrity & Controls
- Maintain accuracy and integrity of financial data across systems, including operating, capital, and position budgets.
- Monitor and reconcile financial data, including vacancy savings and fixed-term position tracking.
- Generate standard and ad hoc reports to support departmental and institutional needs.
- Troubleshoot data discrepancies and collaborate with stakeholders to resolve issues.
Analysis & Decision Support
- Perform recurring financial analysis to identify variances, trends, and risks, and provide preliminary recommendations.
- Support scenario planning and forecasting by preparing and validating data and assumptions.
- Assist in developing materials for presentations, reports, and planning discussions.
Divisional Support & Financial Partnership
- Serve as a primary financial contact for assigned departments, providing guidance on budget performance and financial processes.
- Respond to financial inquiries and support departments in understanding reports and budgets.
- Partner with departments to gather financial information and support planning and reporting needs.
- Provide basic training on financial systems, reports, and budget processes.
Process Improvement & Systems Support
- Identify and recommend improvements to reporting, data integrity, and financial processes.
- Assist in documenting procedures to promote consistency and transparency.
- Support implementation of process improvements, automation, and system enhancements.
Additional Responsibilities
- Contribute to special projects and ad hoc analyses.
- Perform other duties as assigned.
Salary Grade 8: $71,800 - $76,600 per year (depending on experience)
Salary is based on related experience, expertise, and internal equity; generally, new hires can expect pay between the minimum and midpoint of the range.
FLSA STATUS
United States of America (Exempt)
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