New Budget and Finance AVP to Create Financial Model for University
G. Scott Bitner joined the University of Maryland, Baltimore (UMB) recently as associate vice president of budget and finance. In this role, Bitner has direct oversight and responsibility for the full range of financial and accounting functions including budget and financial analysis, financial services, financial systems, management advisory services, and travel and conference services.
To meet the goals set forth in the University’s 2011-2016 Strategic Plan, Bitner’s major task is to design and implement the new financial model for the University. Bitner says the financial model “is intended to provide greater visibility into UMB’s cost structure for delivering research, instruction, and clinical/nonclinical services. The use of the model in conjunction with multiyear financial plans will enable UMB to assess and conduct sensitivity analysis on priorities for new investments and existing programs.”
Bitner’s experience in financial and accounting management includes his most recent position as vice president of finance/chief financial officer at Ultra Electronics, Criticom, a video communications company that serves the federal and Washington, D.C., governments. He also has held positions at Honeywell Technology Solutions, KPMG International, and the Johns Hopkins University Applied Physics Laboratory, where he started as a staff accountant and advanced to become the controller.
A Maryland native, Bitner was born and raised in Hagerstown and currently lives in Mount Airy. A certified public accountant, he received a bachelor’s degree in accounting from Pennsylvania State University, a Master of Business Administration in finance from Loyola University Maryland, and a master’s certificate in government contracting from George Washington University.