Financial Planning & Analysis

The objectives of this responsibility is supported by a variety of activities:

 

  1. Linking the strategy of the College and its major divisions to the College’s long-range plan and annual operating and capital budgets
  2. Managing the strategic 10-year financial model and annual target-setting processes by maintaining sub-models in areas such as fringe benefits, endowment revenues, College assessments and allocations and cost recoveries
  3. Re-engineering and deploying the process for translation of strategic targets into comprehensive, well-vetted annual operating and capital budgets
  4. Leading the creation and overseeing the implementation of a rigorous financial management capability to ensure delivery of annual budget results and strengthen cash flow predictability
  5. Conducting special financial analyses and building a set of analytical resources, reports and methodologies for College leadership to enhance decision-making
  6. Monitoring financial resources within Lafayette to enable the College to sustainably achieve its mission