Fang Lu, PLP, BASc

Reports to the Associate Director, Operations. Prepared the School's $50M+ operating budget, ensuring it accurately reflected anticipated enrollment and costs, leading to strategic resource allocation and support from senior leadership. Prepared the School's monthly financial forecast by integrating internal and external factors for accurate year-end projections. Conducted thorough operational and financial data analysis, providing timely recommendations and monthly dashboards to support leadership decision-making, resulting in achieving the school’s financial targets with a year-end variance of only $0.02M. Achieved a high level of accuracy in projecting unbudgeted pay increments during the fiscal year, with results being only 0.1% off from the $3.4M received from Finance at year-end. Designed comprehensive guidelines and streamlined trackers for various special funds, ensuring accurate financial management and effective cross-departmental coordination. Trained the OPS Administrator to manage these funds, resulting in proficient reconciliation, expense tracking, and policy adherence. Developed an Administrative Staff OPS data lookup file to streamline access to key operational information. This initiative enhanced communication, internal controls, and employee satisfaction by ensuring timely updates and improving work efficiency and accuracy.

Reported to the Associate Director, Operations. Drafted the School's $50M+ operating budget and forecast. Compared year-end actuals against monthly forecasts to study and fine-tune the forecasting method for continuous improvement. Achieved a high level of accuracy in projecting unbudgeted program expansion during the fiscal year, with results only 0.1% off from the year-end $0.8M overspent. Redesigned the in-house budget template to improve its accuracy, completeness, presentability, and user-friendliness. Assisted Program Heads in completing the budget inputs template to enhance understanding and communication of the budgeting process. Provided training sessions to help Program Heads interpret operational and financial reports to ensure programs meet the targets, goals, and objectives set in their annual plans. Created an Operations Planning Model to convert program delivery and staffing plans into a five-year financial plan for the School's new program business plan proposals. Built a staffing complement dashboard, based on HR data used for payroll processing, to help the School manage human resources and the salary budget. This dashboard also removed communication barriers between the School, HR, and Payroll, significantly reducing the number of overpayment/underpayment cases. Developed equipment rental pricing strategies for the School to set rental rates. Conducted horizontal, vertical, and ratio analysis on financial and operational data, identified issues, and provided recommendations to the Associate Director, Operations.