Budget Analyst

Details

Posted: 07-Apr-24

Location: Westchester Campus,

Type: Full-time

Salary: Open

Categories:

Staff/Administrative

Internal Number: R8884

Under broad supervision, support the accounting, reporting, and financial functions of the department and provide support to the Academic Affairs budget managers. You will play a critical role as you assist in providing budgetary analysis during the annual budgetary process and on an ongoing basis.

Position Specific Responsibilities/Accountabilities

• Support the budget development and conduct research and analysis as needed during the annual budget process.
• Prepare monthly variance reports for budget vs. actuals and provide financial analysis and forecast.
• Perform budget vs actual reconciliations.
• Analyze financial data including enrollment data, program break-even analysis, contract review process and prepare summary reports.
• Process budget change requests and prepare GL journal entries. Set up new accounts as needed and create ad-hoc reports or analysis, as needed.
• Support the GL semester and year-end closing process including preparation of deferrals and accruals.
• Update and maintain Workday role assignments for users in Academic Affairs.
• Process purchase and payment approvals in Workday.
• Quickly become well versed in the university policies and procedures to ensure compliance across the assigned colleges.
• Other duties as assigned or requested.

Loyola Marymount University Expectations

Exhibit behavior that supports the mission, vision, and values of the university. Communicate and employ interpersonal actions that model high standards of professional, responsible, accountable, and ethical conduct. Demonstrate a commitment to outstanding customer service.

Requisite Qualifications

• Typically a Bachelor's Degree in Business Administration, Finance, related field or equivalent experience. Incumbent will be expected to continue upgrading knowledge, skills, and abilities needed to keep abreast of finance and planning regulation/policy changes and best practices.
• Minimum 3 years finance or accounting experience in progressively responsible positions which have included accounts payable/receivable functions, purchasing, contract review, and budget analysis.
• Demonstrated knowledge in the areas of accounting principles, variance reporting, and forecasting.
• Exemplary communication skills (both written and oral) evidenced by background in investigations, preparing comprehensive reports including statistical analysis, and executive summaries incorporating complex highly technical information.
• Highly developed organizational and analytic skills.
• Demonstrated general computer competency and preferably knowledgeable of Workday financial systems.
• Proficiency with Microsoft Excel, including using functions such as VLOOKUP, IF statements, Pivot Tables, and more.

The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required of this position.

#HERC# #HEJ#

Staff Regular

Salary range

$66,560.00 - $75,200.00 Salary commensurate with education and experience.

Loyola Marymount University, a Carnegie classified R2 institution in the mainstream of American Catholic higher education, seeks outstanding applicants who value its mission and share its commitment to inclusive excellence, the education of the whole person, and the building of a just society. LMU is an equal opportunity employer committed to providing an environment free from discrimination and harassment as defined by federal, state and local law. We invite all persons in the full diversity of their being, life experience, and beliefs to apply. (Visit www.lmu.edu for more information.)