SENIOR BUDGET ANALYST #00073340

Fiscal Services supports university operations through financial process management and guidance. The department works with campus units to ensure consistent fiscal practices.

Responsibilities

• Strategic Financial Planning
  • Develop and maintain multi-year financial projections that support the university's strategic and operational planning.
  • Analyze enrollment trends, revenue forecasts, capital investments, and other financial drivers to model future fiscal scenarios.
  • Maintain and update approved projections within the campus budgeting system.
• Position Funding Management
  • Accurately enter and monitor position-level funding allocations to ensure accurate use of General Revenue Allocation (GRA) funding.
  • Maintain documentation of funding changes and verify financial adjustments are accurately recorded.
• Financial Analysis & Decision Support
  • Produce recurring and ad hoc financial reports for university leadership.
  • Identify budget trends, evaluate financial performance, and communicate meaningful insights that support informed decision-making.
  • Develop dashboards, presentations, and executive summaries that translate financial data into actionable recommendations.
• Budget Development & Administration
  • Support development of the annual operating budget by coordinating revenue estimates and personnel and operating expense projections.
  • Review departmental budget submissions for accuracy, consistency, and compliance with university guidelines.
  • Provide guidance and training to campus departments on budgeting processes and financial systems.
  • Identify year-over-year budget variances and partner with departments to resolve discrepancies.
• Campus Collaboration
  • Partner with Fiscal Services leadership, divisional business officers, and campus administrators to collect, analyze, and interpret financial information.
  • Respond to data requests from the Controller's Office and other university stakeholders.
  • Serve as a trusted resource on budgeting tools, financial reporting, and institutional financial planning.
• Strategic Initiatives & Special Projects
  • Support Finance leadership on complex financial analyses, strategic initiatives, and high-impact projects.
  • Assist in preparing budget books, executive presentations, financial communications, and other materials for campus leadership.
  • Contribute to continuous improvement efforts that enhance financial planning processes and reporting.

Requirements

• A Bachelor's degree or an equivalent combination of education and experience and at least 5 years of experience from which comparable knowledge and skills can be acquired is necessary.

Qualifications

• Demonstrated experience in budgeting, financial analysis, and reporting, preferably in higher education.
• Experience utilizing PeopleSoft Queries, Power BI Reporting, Workday, and Cognos or other similar budget management and reporting tools.
• Proficient in business applications, such as MS Excel.
• Ability to compile, model, and analyze large data sets and make meaningful recommendations to management/leadership.
• Working knowledge of University Finance policies and procedures.
• Customer focused and excellent attention to detail.

Pay

The anticipated hiring range for this position is $60,944-$86,632 annually. Salary is determined by a variety of factors, including but not limited to, the individual’s particular combination of education, skills, and experience, as well as organizational requirements.

Benefits

This position is eligible for University benefits. The University offers a comprehensive benefits package, including:

• Medical, dental, and vision plans
• Retirement contributions
• Generous leave (paid time off, short- and long-term disability, paid parental leave, paid caregiver leave)
• Educational fee discounts for all four UM System campuses

For additional information, visit the Faculty & Staff Benefits website.