Budget Analyst

GENERAL SUMMARY OF DUTIES:

The Budget Analyst supports the preparation, monitoring, and reporting of the University’s operating and capital budgets. The position is responsible for data collection, variance analysis, and financial forecasting in support of institutional decision-making. The Analyst collaborates with campus departments to ensure fiscal responsibility, data accuracy, and adherence to University financial policies.

This position will play a critical role in implementing and supporting the University’s new budget and forecasting software, assisting with system testing, data validation, and user training to enhance budget transparency and efficiency.

ESSENTIAL FUNCTIONS:

• Assist in the development and monitoring of annual and multi-year budgets.
• Compile and verify financial data from multiple sources for accuracy and consistency.
• Conduct variance analyses and prepare budget-to-actual reports for departments and senior leadership.
• Support forecasting and financial scenario modeling.
• Participate in the configuration, testing, and roll out of the new budget and forecasting system, ensuring accurate data integration and assisting in user training.
• Assist in preparing reports and dashboards for internal and external stakeholders.
• Provide technical and analytical support during the annual budget cycle.
• Support compliance with University budgetary policies and internal controls.
• Contribute to process improvement initiatives and system enhancements related to budgeting and reporting.

REQUIRED COMPETENCIES:

• Strong analytical and quantitative reasoning skills.
• Understanding of accounting principles and budgetary processes.
• Proficiency in Excel and financial reporting systems.
• Ability to explain financial concepts clearly to non-financial stakeholders.
• Strong organizational and time management skills with attention to detail.
• Ability to work both independently and collaboratively in a fast-paced environment.
• Demonstrated aptitude for learning and using new financial software systems.
• Commitment to confidentiality and accuracy in financial data management.

REQUIRED EDUCATION AND WORK EXPERIENCE:

• Bachelor’s degree in Accounting, Finance, Economics, or related field.
• Minimum of two (2) years of experience in budgeting, accounting, or financial analysis.

PREFERRED EDUCATION AND EXPERENCE:

• Master’s degree in Finance, Accounting, Business Administration, or Data Analytics.
• Experience in higher education or private sector budgeting.

ADDITIONAL ELIGIBILITY QUALIFICATIONS:

• Experience with Ellucian, Workday, or similar ERP systems preferred.
• Knowledge of higher education or nonprofit financial structures a plus.
• Experience participating in software implementation or process improvement projects desirable.

PHYSICAL DEMANDS:

Primarily sedentary; frequent use of computers and standard office equipment. Occasional walking for meetings across campus.

WORK ENVIRONMENT/TRAVEL REQUIREMENTS:

Standard office environment. Occasional travel to conferences, vendor meetings, or professional training sessions may be required.

EXPECTED SCHEDULE:

Monday through Friday, 35 hours/week, 52 weeks/year

DISCLAIMER: While not comprehensive, this job description lists activities, duties, or responsibilities that are required of the employee. Duties, responsibilities, and activities may change or new ones may be assigned at any time with or without notice.