Budget Director directs and controls an organization's budgeting and financial forecasting activities. Leads the budgeting process for annual, quarterly, and monthly budget development. Being a Budget Director develops budgetary policies and guidelines to meet short and long-term financial goals. Establishes processes to incorporate past financial results into budget development. Additionally, Budget Director monitors and analyzes performance against budgets. Develops and implements tools and reporting used for planning, forecasting, monitoring, and decision support. Presents budget data to senior management and/or board. May require a MBA. Typically reports to top management. The Budget Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Budget Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)
Budget Director
Wofford College is a place where thought leads, where ideas are celebrated and problem solving is
expected. Wofford invites applicants who are focused on student success and excited to join a
community committed to preparing thought leaders.
Wofford College, established in 1854, is a four-year, residential liberal arts college located in
Spartanburg, South Carolina. It offers 27 major fields of study to a student body of 1,875
undergraduates. Nationally known for the strength of its academic program, outstanding faculty,
experiential learning opportunities and successful and supportive graduates, Wofford is recognized
consistently as a “best value” and for its commitment to student success and accessibility for low- and
middle-income students. The college community has 12 sororities and fraternities as well as 20 NCAA
Division I athletics teams.
Wofford College invites applications for a Budget Director. Reporting to and working with the Associate
Vice President of Finance, the Budget Director develops and manages the college’s operating budget
process. The Budget Director maintains and frequently updates the budget model, is responsible for
researching and analyzing budget anomalies, and produces reports for officers and college board
members as needed. The Budget Director is expected to promote and foster a sense of ownership and
compliance with budget guidelines across the institution.
This is a full-time, exempt position located in the Business Office. Contingent upon events, activities or
other issues that arise, occasional evening and weekend hours are expected. The normal work schedule
is 8:30 a.m.-5 p.m., Monday through Friday. The total hours of work expected is 37.5 hours per week.
RESPONSIBILITIES
40% – Tracks budget to actual reporting throughout the year, monitoring variances and liaising with
budget managers to promote budget compliance.
20% – Updates budget software regularly and frequently throughout the year.
15% – Directs, schedules and implements the new year’s budget management process.
10% – Prepares monthly profit and loss reports for operations committee.
10% – Manages requests for budget amendments.
5% – Assists with the development of the college’s long-range financial model.
Other duties
The Budget Director is expected to perform other duties as assigned and make a positive contribution to
the life of Wofford College through their participation in collegewide initiatives, committees and events.
The Budget Director also assists co-workers and supervisors with other tasks and duties as assigned.
QUALIFICATIONS
The candidate must at minimum have a college degree in accounting or a related field and four to seven
years of experience or an equivalent combination of experience and training.
APPLICATION PROCESS
Application materials should be submitted electronically in a single email to
BudgetDirector@wofford.edu. Application materials should include: (1) a cover letter, (2) resume and
(3) contact information for three references.
EEO STATEMENT
Wofford College values diversity within our students, faculty and staff and strives to recruit, develop and
retain the most talented people. Wofford College does not discriminate in employment on the basis of
race, color, creed, religion, sex, sexual orientation, transgender status, gender identity, age, national
origin, disability, veteran status or any other legally protected status in accordance with applicable
federal, state and local laws. For information about Wofford’s Title IX compliance, visit
wofford.edu/administration/title-ix.
It is the policy of Wofford College to provide reasonable accommodations for qualified individuals with
disabilities for employment. If you require any accommodations to participate in any part of the hiring
process, please contact HumanResources@Wofford.edu.