Vice President for Financial Planning and Analytics—Chief Budget Officer
18 hours ago
Rutgers, The State University of New Jersey, seeks a visionary and strategic leader for the Vice President for Financial Planning and Analytics—Chief Budget Officer (VPFPA-CBO). This position will be pivotal in shaping the University’s financial future and integral to guiding long-term strategic planning. The VPFPA-CBO will play a key role in developing financial plans, evaluating the impact of long-range planning, and driving new enterprise-wide initiatives while fostering business analytics and ensuring data integrity across Rutgers.
Reporting directly to the Executive Vice President (EVP) – Chief Financial Officer and University Treasurer, and serving on the UFA leadership team, the VPFPA-CBO will develop and implement comprehensive financial strategies that support Rutgers’ mission, strategic goals, and core educational and administrative objectives. The VPFPA-CBO will provide university-wide leadership and strategic oversight in financial planning, budgeting, and data analytics.
Key Opportunities + ChallengesThe successful candidate will be a collaborative, creative leader who can provide a fresh perspective and analytical rigor to Rutgers’ budgeting and financial planning while serving as a trusted strategic thought partner to the University’s financial leaders. Specifically, the VPFPA-CBO will be expected to address the following opportunities and challenges:
Lead Budget and Financial PlanningThe VPFPA-CBO leads the development and execution of comprehensive budgeting and financial planning strategies, including long-range planning and multi-year projections for the University and its cost centers. The VPFPA-CBO oversees the budget and planning process, ensuring alignment with the University’s strategic mission and goals.
Serve as a Resident Expert, Educator, and Thought Partner to the Rutgers CommunityThe VPFPA-CBO will represent the financial division by presenting budget plans, capital forecasting, and other critical topics to the Board of Governors and Trustees. They will share knowledge and drive financial business planning competence across the University by designing and delivering training programs that equip university leaders to develop strategic, operational, and capital budgets aligned with institutional goals.
Champion Financial Sustainability InitiativeThe VPFPA-CBO will be a strategic partner to the EVP-CFO and the President’s Cabinet in developing and implementing initiatives to strengthen financial performance, financial position, and asset management.
Support Capital PlanningThe VPFPA-CBO will collaborate closely with the EVP-CFO and the Vice Presidents for Finance and for Planning, Development, and Design to maintain the University’s multi-year capital plan.
Lead, Manage, and Grow a Strong TeamThe VPFPA-CBO will provide leadership and supervision to Financial Planning & Analytics, which includes the UFA Financial Planning, Analysis, and Budget team and the UFA Data Analytics and Reporting team. They will cultivate a culture of flexibility, creativity, mutual respect, integrity, and shared accountability.
Minimum Qualifications- Bachelor’s degree in finance, business, or a related field.
- Ten (10) years of relevant experience in higher education, non-profit organizations, or corporate environments.
- Demonstrated record of professional achievement with a strong reputation for financial acumen, particularly in budget management, forecasting, and data-driven analytics.
- Exceptional communication skills with the ability to effectively present complex financial information to senior leadership and governing boards.
- Proven success in identifying and implementing organizational improvements.
- Recognized for integrity, high ethical standards, sound judgment, and a creative, enthusiastic approach to leadership.
- Strong collaborative abilities, with a history of working effectively with internal and external stakeholders.
- Extensive managerial experience, including leading and developing high-performing teams.
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