"Senior Financial and Budget Analyst"

Job Description

The Office of the Provost, Administrative and Fiscal Affairs team has an opportunity for a Senior Budget and Financial Analyst to assist with oversight of the budget and financial reconciliation processes for the Provost Office, School of Graduate Studies, and Office of Accountability and Compliance. This position will be instrumental in preparing, analyzing, maintaining, and reporting quantitative data for the departments that report to the UMB Provost. The individual selected for this position will work collaboratively with the Provost-Finance and Provost-Grants teams to prepare financial reports and identify process improvements.

Benefits Information

UMB offers a comprehensive benefits package that prioritizes wellness, work/life balance, and professional development, along with additional exciting perks that employees can take advantage of. This position participates in a retirement program (pension or optional retirement plan/ORP) that must be selected and is effective on your date of hire. Exempt regular staff receive a generous PAID leave package that includes over 4 weeks of vacation accrued each year, 16 paid holidays, 3 personal leave, unlimited accrual of sick time, and comprehensive health insurance; professional learning and development programs; tuition remission for employees and their dependents at any University System of Maryland school; and flexible work schedules and teleworking options (if applicable per job).

UMB is a public university and constituent institution of the University System of Maryland. All employees are expected to work primarily physically within the State of Maryland.

Primary Duties

• Develop and maintain simple and complex spreadsheets in order to analyze financial data and prepare accurate and timely financial reports for university administrators, state budget, and financial reporting.
• Download, compile, categorize, and manipulate the department or school financial data using quantitative models and formulas. Prepare, and distribute accurate, concise, well-organized, and timely financial reports, presentations, and financial information which may include financial charts, forecasting, and/or budget vs. actual variance analysis.
• Work within tight deadlines to analyze budget and financial data and report basic budget and financial forecasts for areas such as salaries, fringe benefits, indirect cost recoveries, state funds, revolving funds, grants and contracts, fund balances, and other areas as needed.
• Review and analyze all department or school assigned financial accounts and expenditures to identify patterns, trends, and anomalies in order to make accurate year-end revenue, expense, and surplus/deficit projections. Assist in preparing recommendations.
• Assist in preparation of future budget based upon historical data and trends.
• Maintain and manage budget archive and financial data files that can quickly be accessed and manipulated to generate the needed financial information.
• Prepare responses and communication to various internal and external agencies.
• Participate in special projects. Identify, recommend, and implement workflow process improvements
• Support schools and administrative units in identifying data or information about a particular issue, discuss anomalies or discrepancies that are observed, and assist with the preparation of various internal or external financial data requests
• Participate in the discussion, development, and implementation of new university financial processes and procedures.
• Assist in development and implementation of financial and budget training programs as needed.
• May provide work coordination and training to less experienced staff.
• Performs other duties as assigned.

Qualifications

Education: Bachelor's degree in Finance, Accounting, Economics, Business Administration, or business-related field. Master's degree preferred.
Experience: Five (5) years of experience in financial analysis, management accounting, budgeting, auditing, data management, or data analysis with two (2) years of experience in financial analysis, management accounting, budgeting, or auditing. Prior experience with research and/or sponsored programs in an educational environment is preferred.
Certification/Licensure: Certified Public Accountant (CPA), Certified Management Accountant (CMA), Certified Financial Manager (CFM), or Certified Internal Auditor (CIA) preferred.
Other: Except for qualifications established by law, additional related experience and formal education in which one has gained the knowledge, skills, and abilities required for full performance of the work of the job class may be substituted for the education or experience requirement on a year-for-year basis with 30 undergraduate college credits being equivalent to one year of related experience. In instances where specific education and/or experience is required only directly related education and/or experience may be substituted.

Knowledge, Skills, and Abilities

• Knowledge of position requirements.
• Knowledge of all applicable requirements, regulations, and laws.
• Skill in effective use of applicable technology/systems, such as Oracle Cloud for finance, budgeting, and analytics, and Kuali Research.
• Ability to effectively communicate both verbal and written thoughts, ideas, and facts.
• Ability to work cooperatively with others and independently.
• Ability to demonstrate, understand, apply, and adhere to the UMB Core Values of Respect and Integrity, Well-being and Sustainability, Equity and Justice, and Innovation and Discovery.

Hiring Range

$79,000 - $91,000, commensurate with education and experience.