AVP of Strategic Resource Allocation, Budget & Fiscal Planning

AVP of Strategic Resource Allocation, Budget & Fiscal Planning

 

Location: Ramapo College, Main Campus - Mahwah NJ

 

Job Type: Full-Time

 

Job Number: 202300315

 

Core: Fiscal Health Core

 

Department: Budget Office

 

Opening Date: 10/6/2025

 

Closing Date

 

FLSA: Exempt

 

Bargaining Unit: MN

 

Description

 

ABOUT RAMAPO COLLEGE:

 

Ramapo College of New Jersey (RCNJ) develops ethical leaders who serve as change agents across all sectors. The College's unique interdisciplinary academic structure, its liberal arts core, its size (approximately 5,500 students), and its setting in the foothills of the Ramapo Mountains on the New Jersey/New York border provide an optimal environment for individualized, student-centered learning and leadership development. RCNJ's designation as "New Jersey's Public Liberal Arts College" by the State legislature is the foundation from which the College's commitment to an accessible and transformative undergraduate and graduate education is realized.

 

Established in 1969, CondeNast Traveler named Ramapo one of the 50 Most Beautiful College Campuses in America. The barrier-free campus occupies 300 acres and is home to 52 bachelor's degree programs spanning the arts, business, data science, humanities, education, nursing, social work, social sciences, and the sciences. Ramapo College boasts an average student/faculty ratio of 16:1 and an average class size of 21; affording students the opportunity to develop close ties to the College's exceptional faculty. In addition, the College offers graduate programs leading to master's degrees in Accounting, Applied Mathematics, Business Administration, Contemporary Instructional Design, Computer Science, Creative Music Technology, Data Science, Educational Leadership, Nursing, Social Work, and Special Education, as well as a Doctor of Nursing Practice. Every degree program is designed and delivered through the collaborative and interdisciplinary efforts of student-centered faculty scholars and staff who are committed to serving the public good through the delivery of an academically rigorous, inclusive, and a transformative collegiate experience. Ramapo is ranked #1 among New Jersey public institutions by College Choice and is recognized as the State's top college on the list of Best Disability Schools by Great Value Colleges. Further commendations include designation as a "Military Friendly College" in Victory Media's Guide to Military Friendly Schools, and as a leading college by U.S. News & World Report, Kiplinger's, Princeton Review, and Money Magazine, among others.

 

Examples of Duties

 

Position Type/Expected Hours of Work:

 

This is a full-time, managerial position, and days of work and hours are Monday through Friday, 8:30 a.m. to 4:30 pm. Note: This position is in the "NL" category of employment (non-fixed work week) and individuals in this role have no claim or entitlement to time off or cash compensation for hours worked beyond their normal schedule. Occasional evening and weekend work may be required as job duties demand. Compensatory time will not be granted for work done as an extension of the regular work day. It is the policy of the College to grant hour for hour compensatory time off, with advance approval, only when employees are required to work on a holiday. Time earned must be used within one fiscal year from the time it is earned.

 

Salary Range

AVP, D33

$165,000-$182,000

 

US work authorization is required. Applicants must be authorized to work in the US. Ramapo College currently has a no-sponsorship policy.

 

JOB SUMMARY

 

The AVP of Strategic Resource Allocation, Budget & Fiscal Planning effectively leads the Budget Office to provide comprehensive long-term financial and resource planning in support of the College's mission, goals and objectives. Reporting directly to the CFO/Vice President for Fiscal Health, AVP of Strategic Resource Allocation, Budget & Fiscal Planning leads the development process of the operating and capital budgets; oversees quarterly reporting to the Board of Trustees and other reporting and analysis related to financial performance; coordinates budget policy and ensures adherence to internal and external policies & procedures; promotes a culture that coaches non-financial faculty and staff to understand the budgetary process and provide guidance on fiscal planning; serves on college-wide committees and leads a team of finance professionals.

 

This position provides strategic leadership in advancing a best-in-class financial planning model which provides data to senior leadership to help guide and influence strategic decision making. The

 

AVP of Strategic Resource Allocation, Budget & Fiscal Planning ensures all State and Federal regulations meet internal and external reporting requirements and is a strategic partner with various campus leaders, providing outreach and support to the Provost, Vice Presidents, Deans, and Unit Directors on complex fiscal planning matters.

 

DUTIES AND RESPONSIBILITIES:

 

Strategic Planning

 

Supports strategic planning initiatives by providing financial insights that inform decision making and long-term planning to the College's executive leadership and advocates for the adoption of innovative budgeting techniques. Partners with peers across the Cores to assess the financial viability of new academic and revenue generating programs by developing multi-year budget models to determine the financial viability of recommendations proposed by executive leadership to support alternative revenue sources. Develops annual goals for the unit in support of the college's strategic plan.

 

Budget Development & Oversight

 

Directs the annual budget and planning process leading to development and implementation of the College's $197M operating budget and the $58M capital budget in support of the College's strategic and facilities plans. Provide suggestions for allocation of funds and reductions in order to balance the budget on an annual basis. Identifies opportunities to improve efficiency and effect cost reductions throughout the year.

 

Collaborates with the VP of Operations & Integration to set an annual budget for capital projects and deferred maintenance based on current priorities and the long-term facilities master plan. Oversight of the capital budgeting process requiring monthly reconciliation of journal entries and expenditures to ensure expenses do not exceed budget.

 

Oversight of the Capital Needs Reserve to ensure the balance remains at no less than 5% of total depreciable assets as reported on the annual audited financial statements. Oversight of all operating reserves, including the incentive balance, to ensure the College maintains funds for unanticipated expenses.

 

Monitors expenses and budget availability throughout the year to ensure units remain within budget and to identify possible reallocation of funds based on strategic priorities. Reviews and approves all budget transfers/journal entries.

 

Works directly with all self-funded programs/units to develop new fiscal year budgets, monitor spending and ensure programs remain viable. Collaborates with Deans and Graduate Program Directors to develop, implement and monitor operating budgets and detailed salary budgets for all schools & master's programs.

 

Works with the Assistant Provost on all financial/budget related matters of the Teaching & Learning Core, ensuring units follow budget policies/procedures and expenses do not exceed budgets.

 

Financial Reporting & Analysis

 

Oversees and coordinates preparation of the monthly operating financial statements and executive summaries, year-end forecast vs budget analysis, annual budget presentation, annual tuition & fee increases, including course and lab fee increases to be presented to the Resources Committee and Board of Trustees by the CFO.

 

Develops the College's annual submission to the NJ Office of Management & Budget to secure funding from the State of New Jersey. Collaborates with the Office of the President and VP of Government Relations to determine and present funding priorities. Conducts complex financial resource research to develop and write persuasive requests to the State for additional funding and supply analytical data to support the request.

 

To view the full job posting & to apply, please visit https://apptrkr.com/6626902

 

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