Budget Analyst (Institute for NanoBioTechnology)

Budget Analyst

We are seeking a Budget Analyst who will be responsible for developing and analyzing budgets over their complete life cycle. Work as part of the department's financial team, make recommendations and decisions on financial allocations, and advise management on budget issues.

Specific Duties & Responsibilities

• Develop a variety of budgets, e.g., unrestricted funds, sponsored funds, revenue and gift accounts, using appropriate cost rates for indirect and benefit costs, including all anticipated cost projections, and ensuring consistency with budgeted dollars.
• Review and analyze proposed budget plans to confirm thorough and appropriate content and consistency with fiscal requirements and recommend alternatives to ensure project results.
• Submit final budgets for approval.
• Monitor expenditures, perform budget reconciliation, and make projections based on detailed analysis of fiscal performance and related financial assumptions.
• Consolidate budgets into operating and capital budget summaries and statements.
• Interpret policy and procedure for the department / unit based on understanding of university policies and / or sponsoring agency guidelines.
• Develop comprehensive reports for department / unit administration, faculty, and federal and sponsoring agencies.
• Identify over-expenditures and communicate as required with affected faculty and / or staff.
• Advise and assist with resolving funding shortfalls / budget variances by recommending an appropriate course of action.
• Develop payment schedules and monitor receipt of payments from external and internal entities.
• Proactively advise faculty and appropriate administrative staff on the status and availability of funds.
• Use various software applications, such as spreadsheets, relational databases, statistical packages, and graphics packages to assemble, manipulate, and format data and / or reports.
• Keep abreast of laws and regulations that impact compliance.
• Other duties as assigned.

Minimum Qualifications

Preferred Qualifications

Technical Skills & Expected Level of Proficiency

The core technical skills listed are most essential; additional technical skills may be required based on specific division or department needs.

Classified Title : Budget Analyst Role / Level / Range : ATP / 03 / PB Starting Salary Range : $23.69 - $41.43 HRLY (Commensurate w / exp.) Employee group : Full Time Schedule : M-F, 37.5 hrs weekly FLSA Status : Non-Exempt Location : Hybrid / Homewood Campus Department name : Institute for NanoBioTechnology Personnel area : Whiting School of Engineering