Department

UNIVERSITY BUDGET OFFICE (UA-BUDU-IUBLA)

Job Summary

With a $4.5 billion budget, Indiana University continues to evolve and adapt to fiscal challenges as the higher education landscape continues to change. As a budget analyst within the Indiana University Budget Office, this role serves as an objective and trusted partner in the financial review and analysis of 1 or more campuses and University Administration units.

Department-Specific Responsibilities

• Collaborates closely with campus and unit leadership to support strategic financial planning, conduct quarterly financial reviews, analyze financial performance, and synthesize complex financial information into actionable insights for university leadership.
• Helps promote sound fiscal stewardship and informed decision-making across the university through data-driven analysis and effective communication.
• Analyzes budget requests and recommends campus or Responsibility Center (RC) budgetary requirements for executive recommendations.
• Provides information and recommendations to university officials and campus or RC finance administrators regarding specific phases of budget preparation and presentation.
• Prepares budget instructions and makes recommendations for improving budgetary processes and procedures.
• Reviews campus or RC budget proposals for completeness, accuracy, and compliance with laws, other regulations, and internal policy.
• Monitors budgetary variances and works with assigned campus or RC on any adjustments or analysis needed.
• Applies the doctrines, theories, and practices within the field of budget and financial analysis and administration.
• Evaluates the impact of federal, state, and University internal budget policies, and produces
• Prepares technical budget documents and reports in support of the Chief Financial Officer and the University.
• Provides guidance to the lead finance administrators of an assigned campus or RC.
• Handles highly sensitive and confidential information and situations with objectivity, candor, and confidence.
• Reviews budget adjustments and other financial transactions for compliance, administration alignment, and appropriateness.
• Processes transactions to distribute budgets awarded across the university.

General Responsibilities

• Analyzes, prepares, and recommends financial data to determine past financial performance and to project financial probability and fiscal impact of management decisions and policies.
• Collaborates with cross-functional teams to develop large-scale annual budgets, rolling forecasts, and long-term financial plans. Reviews budget requests and recommends campus or department budgetary requirements for executive recommendations.
• Prepares strategic and complex scenarios to anticipate various outcomes based on different assumptions.
• Performs budgetary controls over large department or campus.
• Builds and maintains financial models to support decision-making, creating models for forecasting, cost analysis, and capital expenditures.
• Evaluates the impact of federal, state, and university internal budget policies, and produces technical budget documents and reports.
• Create variance analysis reports to compare actual performance against budgeted figures.
• Presents findings to leadership using tools such as spreadsheets, charts, graphs, and technical reports.