Budget Analyst

About the role

The Budget Analyst works with other staff in the Office of Planning and Budget to manage the preparation, analysis and administration of the University’s Budget. This position is responsible for conducting advanced analyses, including but not limited to forecasts and trend analysis, to support the mission and organizational goals of the university. The Budget Analyst applies in-depth knowledge of budgetary concepts and best practices to support sound fiscal management policy and procedures, and the strategic allocation of university resources.

Responsibilities

• Provides strategic budget planning and analysis support both to the University Budget Office as a whole and to assigned schools individually, including guidance on budget development, resource allocation, and financial planning strategy
• Support the development of annual strategic plans, linking resource allocation to institutional priorities and market trends.
• Conduct market reviews and financial viability analyses to identify underperforming programs, recommend program retirements, and evaluate opportunities for new offerings.
• Prepare and assist an annual financial and strategic plan for the school, detailing budget allocations, revenue projections, and expense management strategies.
• Track against five-year financial model.
• Provide accurate and timely budget forecasts, reports, and financial analyses for the dean, department chairs, and the budget office.
• Participates in the testing and review of reports, dashboards, systems and other technology used in budget preparation and maintenance.
• Responds to budget related inquiries from division Business Representatives and other Pace staff.
• Develops and delivers strong presentations.
• Monthly tracking forecasts - assist with annual set up which includes establishing forecasts by category for the year.
• Performing analysis on a monthly basis- forecast to actual to ascertain financial position throughout the year.
• Performs other such duties as may be assigned from time to time.