Budget Analyst

Budget Analyst

Office of Budget and Financial Analysis

Exempt, Regular, Full-Time, Pay Grade 1.4

Job Location: Adelphi, Maryland

University of Maryland Global Campus (UMGC) seeks a Budget Analyst within the Office of Budget and Financial Analysis. The Budget Analyst is responsible for analyzing financial information to determine present and future financial performance, and coordinating and providing budgetary support to departments as an all-inclusive resource for concerns related to budgeting, purchasing, receivables and other departmental intricacies.

Overall responsibilities include identifying trends, preparation of studies and reports, and analysis in areas such as budgeting, forecasting, and financial planning. The Budget Analyst will also be responsible to respond to requests for data from internal customers, as well as the University System of Maryland, the University Of Maryland Board Of Regents, and other Federal, State and Local agencies. This position will also have tasks associated with the management of our workforce database, to ensure effective budget controls, when personnel actions are initiated in the enterprise resource planning system

SPECIFIC RESPONSIBILITIES INCLUDE:

• Analyzing financial performance and trends for individual organizational units in order to determine their financial resource capability in the context of implementing programs; as well as providing detailed analysis of findings with recommendations for corrective actions
• Responsible for the management of position related budgets in a workforce database; set up, monitor and process personnel budgets and enforce budget controls when personnel actions are initiated in the Workday system.
• Assisting offices with preparing their budgets, providing consultation and instruction to the departments on preparing budget submissions, attending budget hearings, performing follow up functions to ensure the departments adhere to the hearing action items, and compiling the final fiscal budget for submission to the University System of Maryland and the State; as well as on-going monitoring of budgetary compliance
• Creating detailed financial reports that on a regular basis are to be presented to the Senior Management, the University System of Maryland, the University of Maryland Board of Regents, and other Federal, State and Local agencies
• Designing and implementing budgetary control systems to be used by departments to control and monitor expenditures; and ensuring departmental fiscal alignment with the strategic direction that is set by Senior Management
• Other job-related duties as assigned

REQUIRED EDUCATION AND EXPERIENCE:

• Bachelor's degree from an accredited institution of higher learning
• Two (2) years of experience in a financial operations environment

PREFERRED EDUCATION AND EXPERIENCE:

• Familiarity with a variety of the field's concepts, practices, and procedures
• Ability to rely on experience and judgment to plan and accomplish goals
• Excellent Excel, analytical and communication skills
• Experience in higher education budgeting and/or financial modeling and forecasting
• Experience using Workday financials and Adaptive Insights

POSITION AVAILABLE IMMEDIATELY & WILL REMAIN OPEN UNTIL FILLED

                           SALARY COMMENSURATE WITH EXPERIENCE

All submissions should include a cover letter and resume. UMGC offers competitive compensation and comprehensive benefits for qualifying positions, such as tuition remission, generous leave and healthcare. For detailed benefits information, please visit: https://careers.umgc.edu/benefits.html .