Director, Budget and Business Planning

Posted 2 Days Ago
Be an Early Applicant
Hiring Remotely in University, MD, USA
Remote
136K-170K Annually
Senior level
Edtech
The Role
Lead university budget development, forecasting, and financial analysis. Coordinate annual operating and capital budgets, monitor budget-to-actual performance, build forecasts and dashboards, oversee Budget Office staff, improve reporting and Workday usage, and provide financial guidance to senior leadership to support strategic planning and resource stewardship.
Summary Generated by Built In

Position Title

Director, Budget and Business Planning

Work Shift

Day (8am-4pm) (United States of America)


Employee Type

Regular


Office/Department

Business and Finance

Work Environment

Remote and hybrid positions are open to applicants based in states identified here: Work at Loyola | Loyola University Maryland.

Loyola University Maryland Main Campus


Job Type

Full time

Benefits at Loyola

https://www.loyola.edu/department/people-culture/benefits/

$136,160.00 - $170,200.00


Anticipated Start Date

Thursday, June 18, 2026


If Temporary or Visiting, Estimated End Date


Position Duties

This position oversees the University’s budget development, planning, forecasting, and financial analysis functions to support effective institutional decision-making and responsible stewardship of resources. Reporting to the Vice President for Finance and Administration/Treasurer, the Director coordinates the annual operating and capital budget processes, monitors financial performance, and provides analysis and guidance to University leadership on budgetary and resource planning matters. The position works
collaboratively across divisions to improve budget processes, reporting, and financial transparency while supporting strategic priorities and long-term financial sustainability.

Leads and coordinates the University’s annual operating and capital budget processes, including development of budget assumptions, preparation of planning models, multi-year forecasts, and budget guidance. Oversees budget submissions, reviews divisional requests, and supports alignment of institutional resources with strategic priorities and financial sustainability goals.

Develops financial analyses, reports, dashboards, and forecasting tools to monitor institutional financial performance and support decision-making. Analyzes budget-to-actual results, identifies trends and risks, and prepares recurring and ad hoc reports for senior leadership, committees, and other stakeholders.

Provides leadership, supervision, and direction for Budget Office functions and staff. Ser Leads efforts to strengthen budget systems, reporting tools, and financial planning processes, including effective use of Workday and related technologies. Improves reporting capabilities, data integrity, workflow efficiency,

Leads efforts to strengthen budget systems, reporting tools, and financial planning processes, including effective use of Workday and related technologies. Improves reporting capabilities, data integrity, workflow efficiency, documentation, and internal budget controls.

Works on ad hoc and special projects. Supports institutional strategic planning and operational initiatives through financial modeling, scenario analysis, and participation in cross-functional efforts and committees. Provides financial analysis to support new initiatives, program evaluations, organizational changes, and other institutional priorities.

Bachelor's degree.

Minimum 8 years related experience, including 3 years of supervisory responsibilities. Experience includes progressively responsible experience in budgeting, financial planning, and financial analysis, including responsibility for budget development and forecasting. Candidates must possess demonstrated supervisory experience and experience working with ERP systems and related financial reporting tools. Experience in higher education, including familiarity with higher education budgeting practices and financial structures, is preferred.

Demonstrated knowledge of budget development, financial planning, forecasting, and financial analysis principles, with the ability to interpret and communicate complex financial information to a variety of audiences. Strong analytical, organizational, and problem-solving skills, with the ability to manage multiple priorities, exercise sound judgment, and support data-informed decision-making. Excellent interpersonal, supervisory, and communication skills, including the ability to build collaborative relationships and effectively utilize ERP systems, reporting tools, and financial technologies.

Final compensation offers are determined by a variety of factors, including but not limited to, job-related experience, internal equity, and alignment with organizational budget.

Successful candidates for any staff, faculty, or administrative position at Loyola University Maryland will be subject to a pre-employment background check. Note: Experience and/or education may be substituted for requirements.

Employment Eligibility

All candidates must be eligible to work in the United States and complete employment eligibility verification by the first day of employment at Loyola University Maryland, as required by law (e.g., Form I-9). Unless explicitly stated otherwise in the job description or job advertisement, Loyola University Maryland does not sponsor employment visas for this position.


University Description

Loyola University Maryland, located in the vibrant city of Baltimore, is a prestigious, selective, comprehensive university with a strong residential liberal-arts-based undergraduate program and professional graduate programs at the master’s and doctoral levels. Founded in 1852, Loyola is a Catholic University and one of 27 Jesuit colleges and universities in the United States and the first to bear the name of Saint Ignatius Loyola, founder of the Society of Jesus. Deeply committed to the Ignatian principles upon which it was founded, Loyola focuses on the care and education of the whole person — mind, body, and spirit — and its mission centers on preparing its students to learn, lead, and serve in a diverse and changing world.

  

The Wall Street Journal ranked Loyola No. 19 overall in the nation in its 2026 “Best Colleges” list. Loyola was also ranked No. 51 for impact on graduate salaries and No. 81 in the nation for student experience. U.S. News & World Report has ranked Loyola among the top 10 universities in the North Region for the past decade. Princeton Review named it one of the nation’s top institutions for undergraduate higher education and one of the best Mid-Atlantic colleges for 2026. Loyola is one of 75 colleges and universities included on a list of the “new” dream schools in Jeffrey Selingo’s book, Dream School, Finding the College That’s Right for You. The list of “new” dream schools highlights institutions with strong outcomes, accessible admissions, and dynamic student experiences. Loyola was also listed among the “best value” private colleges in Kiplinger’s Personal Finance

Loyola University Maryland is proud to be recognized among the nation’s top institutions. From national rankings to regional accolades, our commitment to academic excellence, student success, and Jesuit values continues to earn praise from respected organizations and publications.

Learn more about our prestigious rankings and notable accolades and university profile by clicking on the hyperlinks.


Diversity Statement

Loyola University Maryland strongly values the benefits that diversity brings to the workplace. In accord with its Ignatian values, the University is committed to creating and promoting a community that recognizes the inherent value and dignity of each person. Loyola University Maryland does not discriminate on the basis of race, sex, color, national or ethnic origin, age, religion, disability, marital status, sexual orientation, gender identity, genetic information, military status, or any other legally protected classification. The University recruits, hires, and promotes in accord with this policy and its Core Values.

Skills Required

  • Bachelor's degree
  • Minimum 8 years related experience, including 3 years supervisory responsibilities
  • Experience in budgeting, financial planning, forecasting, and financial analysis, including responsibility for budget development
  • Demonstrated supervisory experience and ability to lead Budget Office staff
  • Experience working with ERP systems and related financial reporting tools
  • Experience using Workday and related financial planning/reporting technologies
  • Strong analytical, organizational, problem-solving, interpersonal, and communication skills
  • Experience in higher education and familiarity with higher education budgeting practices and financial structures

Loyola University Chicago Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Loyola University Chicago and has not been reviewed or approved by Loyola University Chicago.

  • Retirement Support Retirement benefits are positioned as a meaningful part of total rewards, including an employer retirement contribution/match that becomes available after a service milestone. Annual total-compensation statements add structure to how the retirement value is communicated.
  • Equity Value & Accessibility Education-related benefits appear to be a standout value, with tuition remission for eligible employees and family eligibility pathways plus access to tuition-exchange programs. This can materially increase the perceived worth of compensation when employees or dependents use the programs.
  • Fair & Transparent Compensation Pay-range visibility is increasing due to the Illinois pay-transparency requirements and the institution’s practice of including pay information in postings. Published adjunct stipend schedules further reinforce clearer expectations for at least some job groups.

Loyola University Chicago Insights

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The Company
HQ: Chicago, Illinois
7,407 Employees
Year Founded: 1870

What We Do

Founded in 1870, Loyola University Chicago is one of the nation’s largest Jesuit, Catholic universities, with nearly 17,000 students. The University has four campuses: three in the greater Chicago area and one in Rome, Italy, as well as course locations at our Retreat and Ecology Campus in Woodstock, Illinois. The University features 13 schools and colleges, including the Quinlan School of Business, Marcella Niehoff School of Nursing, Stritch School of Medicine, Parkinson School of Health Sciences and Public Health, Arrupe College, College of Arts and Sciences, School of Communication, School of Continuing and Professional Studies, School of Education, School of Environmental Sustainability, School of Law, School of Social Work, and Graduate School. Consistently ranked a top national university by U.S. News & World Report, Loyola is also among a select group of universities recognized for community service and engagement by prestigious national organizations like the Carnegie Foundation and the Corporation for National and Community Service.

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