Posting Details
The New Mexico Higher Education Department (NMHED) works to encourage all New Mexicans to pursue a college education by making it more accessible and affordable. The department holds a statewide vision for higher education in which New Mexicans have the ability to achieve the highest level of education they desire, are ensured a seamless educational experience from pre-school through college, can afford to attend one of New Mexico's fine institutions and will succeed once enrolled, and will be prepared to participate in New Mexico's high wage workforce.
The Institutional Finance Division (IFD) is responsible for reviewing and approving the operating budgets of publicly funded Higher Education Institutions (HEI) in New Mexico. The Division is also responsible for developing the Higher Education funding formula and for confirming that the Higher Education Institutions comply with all financial reporting requirements.
THIS POSTING WILL BE USED FOR ONGOING RECRUITMENT AND MAY CLOSE AT ANY TIME. APPLICANT LISTS MAY BE SCREENED MORE THAN ONCE.
Why does the job exist?
This position is responsible for the management of all budgets related areas pertaining to Institutional Finance, including tracking review and approval of institutional operating budgets, budget adjustment requests, mill levy debt service.
How does it get done?
This position is responsible for reviewing, analyzing, and providing recommendation for each higher education institutions operating budget and budget adjustment requests. Serve as liaison between Taxation and Revenue Department (TRD), Department of Finance and Administration (DFA), and post-secondary institutions in completion of HED's responsibilities related to certification of mill levy and debt service property tax rates. Make recommendations to the Institutional Finance Director and Cabinet Secretary for each higher education institutions budget.
Who are the customers?
This position serves HED leadership, employees, New Mexico Higher Education Institutions (HEI's), associated agencies and local organizations.
Ideal Candidate
This position serves HED leadership, employees, New Mexico Higher Education Institutions (HEI's), associated agencies and local organizations.
Minimum Qualification
Bachelor's degree in finance, accounting, economics, or business administration and four (4) years of directly related experience in budgeting, accounting, and/or auditing. Any combination of education from an accredited college or university in a related field and/or direct experience in this occupation totaling eight (8) years may substitute for the required education and experience. For use at the State Investment Council only: any budgeting, accounting, and/or auditing experience is acceptable.
Employment Requirements
Must possess and maintain a valid Driver's License. Must possess and maintain a current Defensive Driving Course Certificate from the State of New Mexico or must pass and receive Defensive Driving Course Certification within six (6) months of date of hire as a condition of continued employment.
Working Conditions
Work is performed in an office setting with exposure to Visual/Video Display Terminal (VDT) and extensive personal computer and phone usage. Some sitting, standing, bending and reaching may be required. Some occasional travel is required for meetings and conferences.
Supplemental Information
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Agency Contact Information: Taña Martinez (505) 476-8400 /
[email protected] Email
For information on Statutory Requirements for this position, click the Classification Description link on the job advertisement.
Bargaining Unit Position
This position is not covered by a collective bargaining agreement.
