Budget & Financial Analyst at Indiana University in Bloomington, Indiana

Job Description:

Department



UNIVERSITY BUDGET OFFICE (UA-BUDU-IUBLA)



Job Summary



Department-Specific Responsibilities

• Analyzes budget requests and recommends campus or large Responsibility Center (RC) budgetary requirements for Executive Recommendations.


• Provides information and recommendations to university officials and campus or large RC finance administrators regarding specific phases of budget preparation and presentation.


• Performs continuous budgetary control on a campus-wide, large RC, or University-wide basis.


• Prepares instructions for budget preparations; and make recommendations for improving the budgetary process and procedures.


• Reviews campus or large RC budget proposals for completeness, accuracy, and compliance with laws, other regulations, and internal policy.


• Monitors budgetary variances and works with assigned campus or large RC on any adjustments or analysis needed.


• Applies the doctrines, theories, and practices within the field of budget and financial analysis and administration.


• Evaluates the impact of federal, state, and University internal budget policies, and produces technical budget documents and reports in support of the Chief Fiscal Officer and the University.


• Provides guidance to the lead finance administrators of an assigned campus or large RC.


• Handles highly sensitive and confidential information and situations with objectivity, candor, and confidence.

General Responsibilities

• Analyzes, prepares, and recommends financial data to determine past financial performance and to project financial probability and fiscal impact of management decisions and policies.


• Collaborates with cross-functional teams to develop large-scale annual budgets, rolling forecasts, and long-term financial plans.


• Reviews budget requests and recommends campus or department budgetary requirements for executive recommendations.


• Prepares strategic and complex scenarios to anticipate various outcomes based on different assumptions.


• Performs budgetary controls over large department or campus.


• Builds and maintains financial models to support decision-making, creating models for forecasting, cost analysis, and capital expenditures.


• Evaluates the impact of federal, state, and university internal budget policies, and produces technical budget documents and reports.


• Creates variance analysis reports to compare actual performance against budgeted figures.


• Presents findings to leadership using tools such as spreadsheets, charts, graphs, and technical reports.

Qualifications



Combinations of related education and experience may be considered. Education beyond the minimum required may be substituted for work experience. Work experience beyond the minimum required may be substituted for education.


EDUCATION



Required

• Bachelor's degree in Finance, Accounting, or a related field.

WORK EXPERIENCE



Required

• 5 years in finance, financial administration, accounting, or a related field.

SKILLS



Required

• Demonstrate excellent oral and written communication in daily interactions.


• Ability to clearly articulate specific information in area of subject matter expertise.


• Ability to work independently or as part of a team.


• Working knowledge of budgetary procedures and best practices.


• Ability to synthesize information and provide advice to researchers, administrators, faculty, and business managers.

Working Conditions / Demands



This role requires the ability to effectively communicate and to operate a computer and other standard office productivity equipment. The position involves sedentary work as well as periods of time moving around an office environment and the campus. The person in this role must be able to perform the essential functions with or without an accommodation.



Work Location



Bloomington, Indiana


This position is eligible to work a hybrid schedule (mix between remote and in-person work), subject to change based on university policy and business needs.



Advertised Salary



$95,000 - $100,000 per year depending upon qualifications.



Benefits Overview



For full-time staff employees, Indiana University offers a wide array of benefits including:

• Multiple plan options for medical insurance


• Dental insurance


• Health Savings Account with generous IU contribution


• Life insurance, LTD, and AD&D options


• Base retirement plan contribution from IU, subject to vesting


• Additional supplemental retirement plan options


• Tuition benefit for IU classes


• 10 paid holidays per year


• Generous Paid Time Off


• Paid Parental Leave


• Employee Assistance Program (EAP)

Learn more about our benefits by reviewing our online Benefits Brochure.



Job Classification



Career Level: Advanced


FLSA: Exempt


Job Function: Finance


Job Family: Budgeting
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Posting Disclaimer



This posting is scheduled to close at 11:59 pm EST on the advertised Close Date. This posting may be closed at any time at the discretion of the University, but will remain open for a minimum of 5 business days. To guarantee full consideration, please submit your application within 5 business days of the Posted Date.


If you wish to include a cover letter, you may include it with your resume when uploading attachments.



Equal Employment Opportunity



Indiana University is an equal employment and affirmative action employer and a provider of ADA services. All qualified applicants will receive consideration for employment based on individual qualifications. Indiana University prohibits discrimination based on age, ethnicity, color, race, religion, sex, sexual orientation, gender identity or expression, genetic information, marital status, national origin, disability status or protected veteran status. Indiana University does not discriminate on the basis of sex in its educational programs and activities, including employment and admission, as required by Title IX. Questions or complaints regarding Title IX may be referred to the U.S. Department of Education Office for Civil Rights or the university Title IX Coordinator. See Indiana University's Notice of Non-Discrimination here which includes contact information.



Campus Safety and Security



The Annual Security and Fire Safety Report, containing policy statements, crime and fire statistics for all Indiana University campuses, is available online. You may also request a physical copy by emailing IU Public Safety at iups@iu.edu or by visiting IUPD.



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