As a community, the University of Rochester is defined by a deep commitment to Meliora - Ever Better. Embedded in that ideal are the values we share: equity, leadership, integrity, openness, respect, and accountability. Together, we will set the highest standards for how we treat each other to ensure our community is welcoming to all and is a place where all can thrive.
Job Location (Full Address):
220 Hutchison Rd, Rochester, New York, United States of America, 14620
Opening:
Worker Subtype:
Regular
Time Type:
Full time
Scheduled Weekly Hours:
40
Department:
100130 Office of Budgets and Planning
Work Shift:
UR - Day (United States of America)
Range:
UR URG 114
Compensation Range:
$86,900.00 - $130,300.00
The referenced pay range represents the minimum and maximum compensation for this job. Individual annual salaries/hourly rates will be set within the job's compensation range, and will be determined by considering factors including, but not limited to, market data, education, experience, qualifications, expertise of the individual, and internal equity considerations.
Responsibilities:
Leads the University’s capital budgeting, forecasting, reporting, and financial governance processes. Partners closely with Finance, Operations, Facilities, Procurement, IT, and business leadership to ensure capital investments are strategically aligned, financially sound, and effectively managed. Oversees the annual capital planning process, develops and maintains capital budgets and forecasts, evaluates investment proposals, monitors project spending and commitments, and provides senior leadership with clear visibility into capital allocation, utilization, risks, and returns. Identifies University-wide budgetary issues, assumes leadership or plays a key role in task forces, committees, and working groups, and performs special studies. Assembles final budget documents and schedules for presentation to the Board of Trustees. Implements the budget once Board approval is granted.
Essential Functions:
Provides monthly, quarterly, and annual reporting on capital spending, commitments, forecasts, and variances. Analyzes actual results against budgets and forecasts, and identifies significant trends, risks, and opportunities. Develops executive-level reporting and presentations for senior leadership and Finance leadership. Identifies University-wide budgetary issues, assumes leadership or plays a key role in task forces, committees, and working groups, and performs special studies. Tracks project-level financial performance, including budget-to-actual spending, remaining commitments, and projected completion costs. Develops financial models and scenario analyses to support major capital investment decisions. Identifies opportunities to improve capital allocation and investment returns.
Leads the annual company-wide capital budgeting and planning process. Develops capital expenditure budgets, forecasts, and long-range plans across business units and functions. Partners with business leaders to develop and evaluate capital investment proposals. Establishes appropriate financial assumptions, business cases, return on investment (ROI) analyses, and payback expectations for major capital investments. Ensures capital requests are aligned with strategic priorities, financial targets, and approved investment criteria. Assembles final budget documents and schedules for presentation to the Board of Trustees. Implements the budget once Board approval is granted. Manages capital budget submissions, reviews, approvals, and reallocations throughout the fiscal year. Maintains accurate and comprehensive capital expenditure forecasts.
Establishes and maintains capital budgeting policies, procedures, approval thresholds, and governance processes. Ensures capital expenditures comply with company policies, internal controls, and accounting requirements. Partners with Accounting and Finance to ensure appropriate capitalization, project closeout, and financial reporting.…