Meharry Medical College
Assistant Vice President, Budget, Financial Planning & Operations
Meharry Medical College, Nashville, Tennessee, United States, 37247
Overview
The Assistant Vice President (AVP), Budget, Financial Planning & Operations provides strategic leadership and direction for the development, implementation, and management of Meharry Medical College’s financial planning, budgeting, and operational performance functions. Reporting directly to the Senior Vice President and Chief Financial Officer (SVP/CFO), the AVP aligns financial strategy with institutional goals, ensures fiscal sustainability, and promotes accountability and data-driven decision-making across the College. The position oversees the annual budget process, leads financial strategy development and monitoring, conducts financial analysis and proforma development for MMC programs, and manages routine financial performance reporting to provide leadership with accurate, timely, and actionable insights. The AVP directs financial system applications optimization to enhance reporting capabilities, data integrity, and operational efficiency. Working collaboratively with senior leadership, academic and administrative units, and the Division of Finance, the AVP ensures effective resource management, transparency in financial planning, and sound fiscal stewardship in support of Meharry’s mission and strategic priorities.
Responsibilities
Manage the annual budget process, including establishing the budget timetable and deadlines.
Produce and distribute all budget process materials.
Oversee the annual budget development, finalization, and implementation process with a comprehensive communication plan and budget review meetings with MMC operating departments.
Deliver training for all budget preparation stakeholders and constituents.
Prepare final budget reports for the CFO’s review and approval.
Support the CFO in developing and presenting budget information to MMC Senior Executives and the Board of Directors.
Monitor and report actual to budget financial results at the operating department, college, and MMC-wide levels on a monthly, quarterly, and annual basis.
Lead budget variance reporting meetings and develop budget corrective action plans across all departments and colleges.
Collaborate with the CFO to develop financial strategic plans and support communication/implementation of approved plans.
Partner with departments and colleges to develop, refine, and implement routine management reports using industry-standard KPIs across MMC.
Identify system application improvement opportunities with Finance and IT leadership and manage related implementation.
Manage the performance of direct reports to ensure accountability and achievement of targets.
Senior Roles
Director, Budget and Resource Planning
Director, Financial Strategy & Management Reporting
Financial Systems Application Manager
Knowledge, Skills And Abilities Required
Extensive knowledge of financial planning, budgeting, and forecasting principles, with understanding of higher education finance, GAAP, and financial reporting practices.
Strong analytical and strategic thinking skills; ability to interpret complex financial data, develop financial models and proformas, and provide actionable insights for decision-making.
Proficiency with enterprise financial systems (e.g., Workday, Banner, Oracle) and advanced data analysis tools (e.g., Microsoft Excel, Power BI).
Excellent communication and presentation skills to convey financial information to diverse audiences, including senior leadership and non-financial stakeholders.
Strong leadership and interpersonal abilities; ability to manage teams, foster collaboration, and drive process improvements that enhance efficiency, transparency, and accountability.
Commitment to customer service, integrity, and continuous improvement; ability to work in a fast-paced, deadline-driven environment while supporting the Institute’s mission and priorities.
Knowledge, Skills, Abilities Preferred
Background in academic health sciences and education industry strongly preferred.
Experience with Workday ERP system preferred.
Education And Experience Required
Bachelor’s degree in Accounting, Finance, Business or related field.
Graduate degree in Accounting, Finance, Business or related field preferred.
Eight to twelve (8-12) years of total experience in financial management; three-five (3-5) years of Finance Department leadership experience in a similar sized higher education organization with similar responsibilities.
Education And Experience Preferred
N/A
Licensure, Certification Or Registration Required
N/A
Licensure, Certification Or Registration Preferred
N/A
This job description reflects the general duties and responsibilities necessary to describe the principal functions of the job and shall not be considered exhaustive. The responsibilities listed may be subject to change at any time and individuals may be asked to perform duties outside of regular responsibilities to support Meharry Medical College and its facilities.
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The Assistant Vice President (AVP), Budget, Financial Planning & Operations provides strategic leadership and direction for the development, implementation, and management of Meharry Medical College’s financial planning, budgeting, and operational performance functions. Reporting directly to the Senior Vice President and Chief Financial Officer (SVP/CFO), the AVP aligns financial strategy with institutional goals, ensures fiscal sustainability, and promotes accountability and data-driven decision-making across the College. The position oversees the annual budget process, leads financial strategy development and monitoring, conducts financial analysis and proforma development for MMC programs, and manages routine financial performance reporting to provide leadership with accurate, timely, and actionable insights. The AVP directs financial system applications optimization to enhance reporting capabilities, data integrity, and operational efficiency. Working collaboratively with senior leadership, academic and administrative units, and the Division of Finance, the AVP ensures effective resource management, transparency in financial planning, and sound fiscal stewardship in support of Meharry’s mission and strategic priorities.
Responsibilities
Manage the annual budget process, including establishing the budget timetable and deadlines.
Produce and distribute all budget process materials.
Oversee the annual budget development, finalization, and implementation process with a comprehensive communication plan and budget review meetings with MMC operating departments.
Deliver training for all budget preparation stakeholders and constituents.
Prepare final budget reports for the CFO’s review and approval.
Support the CFO in developing and presenting budget information to MMC Senior Executives and the Board of Directors.
Monitor and report actual to budget financial results at the operating department, college, and MMC-wide levels on a monthly, quarterly, and annual basis.
Lead budget variance reporting meetings and develop budget corrective action plans across all departments and colleges.
Collaborate with the CFO to develop financial strategic plans and support communication/implementation of approved plans.
Partner with departments and colleges to develop, refine, and implement routine management reports using industry-standard KPIs across MMC.
Identify system application improvement opportunities with Finance and IT leadership and manage related implementation.
Manage the performance of direct reports to ensure accountability and achievement of targets.
Senior Roles
Director, Budget and Resource Planning
Director, Financial Strategy & Management Reporting
Financial Systems Application Manager
Knowledge, Skills And Abilities Required
Extensive knowledge of financial planning, budgeting, and forecasting principles, with understanding of higher education finance, GAAP, and financial reporting practices.
Strong analytical and strategic thinking skills; ability to interpret complex financial data, develop financial models and proformas, and provide actionable insights for decision-making.
Proficiency with enterprise financial systems (e.g., Workday, Banner, Oracle) and advanced data analysis tools (e.g., Microsoft Excel, Power BI).
Excellent communication and presentation skills to convey financial information to diverse audiences, including senior leadership and non-financial stakeholders.
Strong leadership and interpersonal abilities; ability to manage teams, foster collaboration, and drive process improvements that enhance efficiency, transparency, and accountability.
Commitment to customer service, integrity, and continuous improvement; ability to work in a fast-paced, deadline-driven environment while supporting the Institute’s mission and priorities.
Knowledge, Skills, Abilities Preferred
Background in academic health sciences and education industry strongly preferred.
Experience with Workday ERP system preferred.
Education And Experience Required
Bachelor’s degree in Accounting, Finance, Business or related field.
Graduate degree in Accounting, Finance, Business or related field preferred.
Eight to twelve (8-12) years of total experience in financial management; three-five (3-5) years of Finance Department leadership experience in a similar sized higher education organization with similar responsibilities.
Education And Experience Preferred
N/A
Licensure, Certification Or Registration Required
N/A
Licensure, Certification Or Registration Preferred
N/A
This job description reflects the general duties and responsibilities necessary to describe the principal functions of the job and shall not be considered exhaustive. The responsibilities listed may be subject to change at any time and individuals may be asked to perform duties outside of regular responsibilities to support Meharry Medical College and its facilities.
#J-18808-Ljbffr