"Sr. Budget Analyst"

Sr. Budget Analyst

Company: North Carolina State University

Job Location: Raleigh, NC

Category: Business and Financial Services

Type: Full-Time

Join the Pack! A community with nearly 8,000 faculty and staff, and 30,000 students. NC State is one of the largest employers in North Carolina, offering a large range of career opportunities. Visit us at https://jobs.hr.ncsu.edu/.

Essential Job Duties: Sr. Budget Analysts conduct complex budget and financial analysis that informs recommendations to executive university leadership on resource allocation decisions and multi-year budget planning. Sr. Analysts use a suite of technology and software applications (i.e., SharePoint, Power BI, OneStream and the PeopleSoft ERP systems - Financial, HR, and Student) to display budget information for executives in formats similar to private sector budget reports and forecasts.

The Senior Budget Analyst position is part of the Budget and Resource Management Division and will provide support to assigned organizational units and monitor budgets and actuals (for both revenues and expenditures) for assigned units with state-appropriated, appropriated receipts, F&A, student fees, and premium tuition.

The primary responsibilities of the position include, but are not limited to:

• Manages and implements the current year budget in compliance with state law and UNC System policies.
• Assists colleges and units with successful management of their budgets by addressing questions or special circumstances involving budget balances, compliance with budget policies, position control, etc.
• Interprets statutes, session laws, and policies to advise assigned colleges and units.
• Reviews and approves General Fund budget revisions and allotments consistent with the State Budget Act and Office of State Budget and Management guidance.
• Manages the quarter and fiscal year-end closeout processes including carryforward.
• Performs budgeting and forecasting of expenditures and revenues to ensure sufficient cash flow and reserves.
• Conducts periodic budget reviews with units to identify risks and develop proactive solutions.
• Provides budget analysis and reporting that supports university leadership in making strategic resource allocation decisions. Provides recommendations to executive leadership on the allocation of university reserves and maintains a reconciliation schedule providing accurate, real-time reserve availability. Conducts analysis using complex data sets involving querying, transforming, and creating data visualization dashboards to provide recommendations and business intelligence reports for university leadership. Performs a variety of ad-hoc financial analyses as requested by management, Office of the State Budget and Management, UNC System Office, Legislative requests, or campus leadership.
• Analyzes and prepares the Base Budget as part of the General Fund Biennial Budget development process.

Minimum Experience/Education: Requires a bachelor's degree in business, finance, accounting, computer science, information technology, or a related field, with at least 2 years of relevant work experience. All degrees must be received from appropriately accredited institutions.

Required Qualifications:

• Strong analytical skills and ability to apply critical thinking to assist university leadership and business units identify and solve problems;
• Ability to research, analyze and summarize complex data while delivering accurate results under tight deadlines;
• Knowledge of monitoring state appropriations, state appropriated receipts, & F&A funds to ensure compliance with state Policies, Rules, and Regulations and any applicable internal rules;
• Ability to work independently and lead teams to complete assignments that require complex management, budgetary, financial, organizational, and problem-solving skills;
• Demonstrated ability to research, analyze, interpret, and summarize complex data and identify clear findings and recommendations;
• Strong interpersonal skills and ability to collaborate and problem-solve with employees at all levels of the organization;
• Demonstrates a customer service mindset focusing on continuous improvement of business processes;
• Advanced skills with Excel (or similar software) and financial software systems;
• Ability to create and use pivot tables and database queries;
• Ability to meet deadlines while successfully managing multiple tasks and priorities;
• Experience with data visualization tools (such as PowerBI, and Tableau);
• Knowledge of state government policies and regulations including the State Budget Act, State Budget Manual, and UNC Policy Manual.

Preferred Qualifications:

• Prior budgeting experience in a University setting;
• Significant knowledge of and experience with budgets and accounting with the ability to exercise financial strategy in managing multiple funding sources and types;
• Knowledge of accounting to create and review budgets and actuals journals in the financial system;
• Demonstrated experience managing customer relationships, improving customer satisfaction, and resolving difficult customer issues.

Required License or Certification: N/A