Senior Budget Accountant
About the role
Indian River State College is seeking a Senior Budget Accountant to provide high-level analytical and operational support to the Chief Budget Officer and senior leadership in the development, implementation, and oversight of the College’s operating and capital improvement budgets.
Responsibilities
- Participate in budget meetings, workshops, and hearings to support the development and administration of annual operating and capital improvement budgets.
- Analyze and forecast complex financial and budget data, including revenue projections, expense allocations, and HR-related budget adjustments, using large datasets.
- Monitor budget activity for adherence to organizational policies and financial regulations.
- Analyze spending patterns, conduct account analyses, and make recommendations for improved fiscal management.
- Prepare, reconcile, and present financial reports with advanced analysis, trend evaluation, and forecasting.
- Clearly communicate complex financial concepts to stakeholders at all levels.
- Advise departments on budgeting policies, procedures, and best practices to promote compliance and effective financial stewardship.
- Implement and maintain internal controls to safeguard financial assets and ensure regulatory compliance.
- Contribute to the development of organizational financial strategy and governance practices.
- Utilize ERP systems, budgeting software, and reporting tools to support financial planning and reporting.
- Conduct cost-benefit analyses and develop record-keeping systems.
- Collaborate with departmental directors and staff to refine budget requests, identify cost-saving opportunities, and ensure optimal resource allocation.
- Coordinate with HR on staffing changes and related budgetary impacts.
- Provide training and guidance to departmental staff on budgeting processes and financial management tools.
Qualifications, Knowledge and Skill Requirements
- Bachelor’s degree in Accounting, Finance, or a related field.
- Minimum five (5) years of progressive experience in accounting, budgeting, or financial planning.
- Knowledge of fund accounting and governmental accounting principles; experience in higher education is preferred.
- Prior experience in higher education or government environments strongly preferred.
- Strong analytical and problem-solving skills with excellent attention to detail.
- Proficiency in financial software applications (e.g., Microsoft Excel, ERP systems) and Microsoft Office.
- Ability to analyze, develop, and produce spreadsheets and complex budget reports.
- Ability to comprehend, interpret, and summarize complex financial data for varied audiences.
- Demonstrated skill in applying sound budgeting principles and exercising independent judgment.
- Excellent written and verbal communication skills.
- Strong interpersonal skills with the ability to work collaboratively across departments and with senior leadership.
- Demonstrated ability to present complex financial information clearly to non-financial stakeholders, including executive leadership and governing boards.
- Diplomatic skill in explaining budget procedures and in obtaining sensitive or confidential information.
- Proven financial leadership and decision-making capabilities.
- Highly organized and self-motivated with the ability to manage multiple priorities.
- Strong critical thinking and logical reasoning abilities.
- Discretion in handling confidential or sensitive information.
- Familiarity with construction management budgeting is a plus.
Physical Demands
This position classifies the physical exertion requirements as sedentary work involving lifting no more than 10 pounds at a time and occasionally lifting or carrying articles like docket files, ledgers, and small tools. Although a sedentary job is defined as one which involves sitting, a certain amount of walking and standing is often necessary in carrying out job duties. Jobs are sedentary if walking and standing are required occasionally, and other sedentary criteria are met.