Director, Budgets and Resource Planning

**Job Description**:
**About the Department of Financial Services**:
Mount Royal University’s Financial Services Department is responsible for the accurate and timely capture, analysis and reporting of all financial information for Mount Royal University as well as Mount Royal Foundation, and Mount Royal Day Care.

**About the Role**:
The Director, Budgets & Resource Planning is a senior level management role responsible for development of the multi-year University budgets, forecasts, and other financial planning consistent with University Strategic objectives and leadership of client services from the central finance function across all areas of the University.

Reporting to the Associate Vice-President of Finance, the Director of Budgets & Resource Planning is accountable for comprehensive financial planning and decision support services to all areas of the institution, on all major projects and all operational and evolving program activities; dotted line leadership for faculty and operational financial officers related to their roles in financial planning and reporting; supporting quarterly variance analysis and reporting for Financial Operations to report. The Director of Budgets & Resource Planning prepares budget presentations for the University Finance Committee and Board of Governors. This position works under continuously changing regulatory requirements, and strict deadlines. Constant monitoring of evolving University internal controls to ensure compliance and effectiveness for audit and financial reporting and reputational impact.

***Responsibilities**:
**Budget Development**
- Directs the development of the University's multi-year budget and planning process for reliable, strategic financial planning aligned with the University's strategic objectives.
- Directs analysis and development of financial projections for all major components of the University budget including grants, aggregated conditional grant activities, student enrolment levels, tuition and fees revenue, investment income, labor and benefits, capital expenditures, amortization and other material elements of the $282M annual operating budget. This budget analysis and development is critical to ensure sustainable operations of the University through sound projections that are strategically aligned to institutional activities, and are reflective of the economics of the post-secondary sector.
- Directs the analysis of projected activities on all reserve funded activity, financial and budgetary impact support for the University's collective bargaining processes, long term scholarship and bursary planning, donation and endowment-earning supported programs. Budget preparation also includes multi-year cash flow and unrestricted net asset perspectives for the long-term sustainability of University operations.
- Budget development also includes the management of budget systems, providing oversight to the integrity and security of the system and the provision of guidance to all divisions and operations units through the development of their area budgets. Directs the compilation of all budget documentation for reference through the Institutional budget development and decision-making processes for ultimate recommendation of the Budget and 3-year projections to the Board of Governors for approval and inclusion in the university's Annual Report submitted to the Province.
- Participates in multi-year, institution wide enrolment planning and enrolment target setting for sustainment of the provincial targets for education and in line with the institution's strategic objectives in terms of student numbers. Provision of timely, reliable and informative financial reporting to all internal and external decision makers, governments, and related industry bodies for the purpose of operational and strategic decision making.
- Advises on University budget methodology, policy and practices related to overarching financial and budget models considering industry best practice and aligning with the strategic objectives of the University as a whole and taking into consideration the financial and budgetary incentives created by financial policy and budget models employed.

**Resource Planning and Client Services**
- Leads the Resource Planning and Client Services team, directing the analysis, delivery, development and review of business process and business cases for projects and activities throughout the institution; advise and review on policy compliance and business process revisions, monitor and advise on strategic institutional initiatives for the strengthening of the University's sustainability and financial integrity.
- Directs the strategic support to major institutional initiatives including new projects whether capital or program delivery, service provision changes or process changes within current operating areas. All areas within the University rely on the Resource Planning and Client Services team, as led by the Director, for strategic direction and