Budget & Reporting Analyst I

Budget & Reporting Analyst I

Location : Midtown Org Unit : Budget and Planning Work Days : Weekly Hours : 35.00 Exemption Status : Exempt Salary Range : $79,700.00 - $88,900.00

Position Summary

Responsible for assisting in the development, implementation and maintenance of the Medical College's operating budget, as well as creating and maintaining financial models and schedules to assist with the overall budgeting and reporting needs of the department.

Job Responsibilities

• Assists in the development of the WCM annual operating budget and associated policies and guidelines. Gathers industry or peer data for comparison and best practices.
• Responsible for the administration of departmental budgets and the implementation of these budgets into the enterprise financial system.
• Works on the preparation & distribution of institutional allocations; prepares related schedules for funding sources; updates & maintains changes to allocations as necessary; maintains budget databases & models used for allocations & trending analysis.
• Assists in the preparation and maintenance of monthly revenues and expense reports for WCM's operating budget. Analyzes reports for data integrity, variances, trends and cyclical events.
• Assists in the development and maintenance of budget models and tools for forecasting used in the development of the budget.
• Assists in the preparation of presentations and financial materials for meetings with WCM senior leadership, Board of Trustees and the Board of Overseers and the Business and Finance Committees.
• Meets with financial officers from institutional departments on budgetary requests or issues; communicates and explains budget policies to ensure adherence to Medical College policies and standards.
• Develops and maintains monthly budget vs. actual reports; analyzes variances; identifies and rectifies any budget discrepancies; escalates any unresolved issues as needed.
• Prepares and updates various schedules of institutional resources including institutional endowments, scholarships, and research funds, etc.
• Performs funding and transfer mechanisms including revenue / expense transfers and funding of institutional subsidies. Prepares ad-hoc budget / financial reports as requested.
• Performs other related duties as assigned.

Education

Bachelor's Degree

Experience

Finance, economics or related degree is preferred. Approximately 2-3 years financial analysis, finance, or budgeting experience. Proficient knowledge of Microsoft Office Suite, including Excel - vlookups, pivot tables, etc and MS Access. Experience with databases and reporting software. Budget related experience in higher education institution is highly desired. Fund accounting knowledge helpful. Experience with enterprise resource planning system such as SAP, Oracle or PeopleSoft is a plus.

Knowledge, Skills and Abilities

Demonstrated strong organizational skills and ability to pay close attention to detail. Demonstrated strong interpersonal skills; ability to interact with multiple constituencies and faculty / staff from all levels of the organization and exercise good "people skills". Strong oral and written communication skills. Immediate to expert knowledge with Excel and PowerPoint. Demonstrated ability to manage multiple priorities efficiently and diplomatically in a high-pressure, complex environment.

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