Overview
Job Location:
Berklee College of Music – Boston
Job Description:
Berklee is the preeminent institute of contemporary music and the performing arts, offering undergraduate and graduate degree programs at its campuses in Boston, Massachusetts and Valencia, Spain, and through its award-winning distance learning program, Berklee Online. At Berklee College of Music and Boston Conservatory at Berklee, students explore interdisciplinary approaches to music, dance, theater, film, business, healthcare, education, technology, and more. Dedicated to nurturing the creative and career potential of the world’s most inspired artists, Berklee’s commitment to arts education is reflected in the work of its students, faculty, and alumni—hundreds of whom have been recognized with Grammy, Tony, Oscar, and Emmy awards.
Under the direct supervision of the Senior Director for Budget and Financial Planning, the Associate Director for Budget and Financial Planning is an integral member of the Budget Department in the development, interpretation, and analysis of Berklee’s operating and capital budgets. The Associate Director works with the Senior Director in maintaining the College’s annual budget, monthly forecasts, long term financial models, and any decision support or other special projects as needed to inform the Vice President for Finance, Chief Financial Officer and senior leadership in decision making and ensuring prudent stewardship of the college’s resources.
KEY ACCOUNTABILITIES
Budget Management
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In collaboration with the Senior Director, develop and maintain annual budgets, monthly forecasts, long term financial modeling, and any decision support or other special projects as required by senior leadership.
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In conjunction with the Senior Director, manage the coordination and development of the annual budget, creating timelines and facilitating the preparation, submission, compilation, and review of information from budget managers across the college.
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Direct the preparation of reports and analysis of relevant comparative data.
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Partner with the Senior Director in developing consolidated budgets and analysis to inform and support decision making aligned with strategic objectives.
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Partner closely with key budget owners and stakeholders to ensure a smooth, value-add process.
Reporting, Forecasting & Analysis
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Conduct ongoing review, analysis and development of annual and multi-year revenue and expense forecasts.
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Monitor performance against budget objectives, analyzing variances, forecasting anticipated results, and recommending corrective actions as needed.
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Collaborate with the Accounting team to ensure close communication on results and variance analysis.
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Ensure accuracy, automation and timeliness of financial and managerial reports.
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Prepare analyses of divisional and departmental financial performance to inform senior leadership, area leadership and departmental budget managers.
Position Control
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Oversee position control files across staff, faculty, and student employees, establishing and monitoring staff budgets and analysis of personnel expense forecasting.
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Partner with Human Resources, Academic Affairs and the Office of Student Employment to support job requisition workflow and related budget tracking.
Strategic Planning
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Support operational and strategic objectives through financial modeling, ratio analysis, and any other financial analysis required.
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Summarize findings, and prepare/present findings to senior leadership.
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Work with the Senior Director and relevant colleagues to evaluate policies, procedures and methodologies to ensure best practices and continuous improvement.
Supervisory Duties
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Directly supervise two staff members including delegation of assignments, review and oversight of work, goal setting and conducting formal and informal performance reviews.
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Work with the Senior Director to establish the Budget Department’s goals, overseeing implementation as well as staff and team development.
Performs other duties as assigned.
POSITION REQUIREMENTS
Skills & Knowledge
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High proficiency with the Microsoft Office Suite, particularly Excel, and a demonstrated ability to employ multiple systems in the tracking, modeling and analysis of financial information.
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Facility and comfort with forecasting anticipated outcomes based on limited data and evolving assumptions.
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Ability to handle sensitive data with discretion, employ creative problem solving, and identify and deploy process improvements.
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Collaborative working style and the ability to develop and maintain strong relationships across a variety of functional areas with colleagues of all levels.
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Process improvement focus and ability to leverage technology to drive automation and enhancements.
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Excellent verbal and written communication skills, presentation skills, and the presence to interact with senior leadership.
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Excellent organizational skills, attention to detail, ability to multitask and work under pressure; self-motivation, high energy and engagement and a positive attitude.
Experience
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Minimum of 7 years related professional experience, including supervisory experience, with a strong working knowledge of accounting and financial principles and the ability to develop, analyze and communicate financial information at an institution of higher education.
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Workday and Adaptive Insights experience are a plus.
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Prior leadership, and demonstrated ability to exercise considerable judgment, discretion, and diplomacy.
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Experience developing, and fostering effective working relationships with individuals reflecting a broad range of identities, perspectives, and experiences.
Education
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Bachelor’s Degree required.
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Relevant advanced degree, or equivalent professional experience, in Finance, Accounting or Business Administration highly desirable.
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CPA a plus.
This document does not create an employment contract, implied or otherwise, other than an “at will” employment relationship.
Diversity, Equity, Inclusion & Equal Employment Opportunity at Berklee:
We support an inclusive workplace where everyone excels based on personal merit, qualifications, experience, ability, and job performance. Berklee affirms that inequality is detrimental to our faculty, staff, students, and the communities we serve. Our goal is to make lasting change through our actions. Berklee is committed to providing fair and equitable consideration of all employees and applicants without regard to race, color, religion, ancestry, age, national origin, place of birth, gender, sexual orientation, gender identity or expression, disability, genetic information, or status as a member of the armed forces or veteran of the armed forces, or any other category protected by federal, state, or local law.
As part of this commitment, Berklee will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact the Human Resources Team at [email protected] or call 617-747-2375.
Berklee is committed to increasing the diversity of our institution, community, and the curriculum. Candidates who can contribute to that goal are encouraged to apply and to identify their strengths in this area.
*Currently enrolled Berklee students are not permitted to apply for staff or faculty positions.*
Employee Type:
Staff