Budget Analyst/Senior Budget Analyst
Virginia Commonwealth University
Richmond, VA
Full-time
Accounting
Posted on May 31, 2023
VCU's Office of Budget and Resource Analysis has an exciting opportunity for a Budget Analyst or Senior Budget Analyst to join our team!
All full-time university staff are eligible for VCU's robust benefits package that includes: comprehensive health benefits, paid annual and holiday leave granted up front, retirement planning and savings options, tax-deferred annuity and cash match programs, generous tuition benefit, employee discounts, well-being resources, abundant opportunities for career development and advancement, and more. Learn more about VCU's benefits: https://hr.vcu.edu/current-employees/benefits/a-z-list-of-benefits/.
Summary/Overview:
The work of the Office of Budget and Resource Analysis includes responsibility for the development and oversight of the University's budget, oversight of new operations and creation and analysis of multi-year financial planning. The financial management analyst (working title: Senior Budget Analyst OR Budget Analyst) is a key position in the budget office and is responsible for the ongoing management and maintenance of budget office operations that result in the University's development of its annual operating budget. This position is also responsible for the creation of communication materials for the board, leadership, and other stakeholders. These presentations and reports show the impact of leadership decisions and planning. Finally, this position will work in a team oriented office and will be a resource to other team members and financial managers within the university.
Operation responsibilities also include:
- Building the University's annual operating budget and ensuring its successful load into Banner.
- The management of the Synario platform – the University's system for long-term financial planning.
- Development and maintenance of the RCM Budget Model allocating resources on an annual basis and analyzing the impact of tuition revenue across schools.
- Client services to a variety of School/College, Central and Auxiliary units in regard to financial planning, integration of operations into the new budget model and monitoring and reporting as to ongoing financial conditions.
- Multiple reporting and forecasting tools built from the University financial reporting tools (PBCS and Banner) to ensure data needs of clients are met including various business plans for department planning.
- Synthesis of the above into a single integrated approach to University financial planning
Under the supervision of the Assistant Director and Budget Director, this position will also be responsible for ensuring the accuracy, alignment/reconciliation with Banner (the system of record) ease of use, timeliness and consistency in all new OBRA reporting tools.
Minimum Qualifications
- Graduation from a college or university with a major in accounting, business administration, public administration, or related field, or an equivalent combination of professional level training and experience.
- Experience with budgetary concept of responsibility centered management.
- Considerable knowledge of budgeting practices and principles and familiarity with GASB accounting principles.
- Considerable knowledge, experience and skills in ERP systems, software reporting (e.g. SAS EG), advanced Excel functions (e.g. pivot tables, advanced formulas), Word and PowerPoint. Ability to utilize knowledge of software and the organization to analyze large data sets (e.g., in excess of 20Mb).
- Ability to perform analyses of complex financial, quantitative, and non-quantitative data.
Superior analytic, project management, problem solving and organizational skills. - Demonstrated expertise in assembling and analyzing data from a variety of stakeholders from within and outside of the organization.
- Outstanding communication and interpersonal skills, skilled at working in a team and leading from within. Able to work effectively with others at widely varying skill levels.
- Ability to effectively respond to and communicate with customers including excellent written and oral communications skills with proven ability to effectively communicate with all levels of management, government and financial officials, and public constituents.
- Ability to fit into a team environment characterized by shared accountability.
- Demonstrated ability in prioritizing workflow and ability to work quickly and accurately to address multiple demands for data analysis.
- Must be able to use discretion and wise judgment in dealing with sensitive and confidential subject matter.
- Demonstrated experience working in and fostering a diverse faculty, staff and student environment or commitment to do so as a staff member at VCU.
- 3+ years of higher education central budget office experience
- Knowledge of and experience with Synario, and Oracle Planning and Budgeting Cloud System (PBCS), and Banner
Department: Budget and Resource AnalysisEmployment Type: UF - University Employee FTRestricted Status: NoFTE: 1.0Exemption Status: Exempt
University Job Title: Financial Analyst/Senior Financial Analyst (18241-18246) - Job slotting and working title will be determined by the qualifications of the top candidate
ORP Eligible: No