Budget Analyst
Budget Analyst
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Not Disclosed
Salary Not Disclosed
1 Vacancy
Job Description
Budget Analyst
Full-time 40 hours 12 months/year. Must have the ability to adapt to a varying work schedule or have flexible availability to meet departmental needs. Schedule may vary according to departmental and Academy needs.
Pay Group
Type
Status
Fiscal Year Weeks
Class
Department
Location
Bi-Weekly
Regular
Full-time
Full year (52 weeks)
Staff
Finance
Hybrid
Position Purpose
The Budget Analyst will support the CFO and Director of Finance in developing monitoring and analyzing the schools annual and long-term budget providing critical financial insights to support strategic decision-making and ensure responsible fiscal stewardship.
Job Responsibilities
Departmental Budget Management & Training
- Meet monthly with department heads to review budget variances gather information for budget projections and provide guidance on budget planning and expenditure control.
- Provide guidance and training to budget managers about the overall finances of the Academy and department specific information including financial policies and procedures.
- Monitor overtime and non-exempt salaries and meet with budget managers to review and plan the remainder of the year within budget.
- Collaborate with the Dean of Facultys office on faculty salary projections and faculty use by term.
Budget Analysis
- Monitor budget performance throughout the fiscal year analyzing variances between budgets actuals and projections.
- Monitor expenditures regularly for alignment with approved budget informing the Director of Finance and CFO of projected variances.
- Collaborate with endowment accountants to develop restricted spending projections match restricted funds with corresponding expenditures and assist in identification of funding opportunities.
- Assist Director of Finance with salary budget development perform monthly analysis of salary variances by department and assist in position control in coordination with HR regarding vacancies turnover new positions and market adjustments.
- Analyze and evaluate financial data to identify trends risks and opportunities for cost savings or reallocations.
- Support long-term financial planning and forecasting initiatives for financial sustainability.
- Collaborate with the Director of Finance and CFO to develop and implement an approach to manage cost growth and achieve cost reduction targets over time.
- Support Director of Finance in developing budget and monitoring projections for the Academys health benefit plan (Captive) including financial planning development budgeting and funding.
- Assist in the development and preparation of the schools annual operating and capital budgets.
Reporting
- Develop and prepare monthly quarterly and annual budget reports for administration and the Board of Trustees.
- Prepare historical trend reports for trustee materials (i.e. tuition salaries financial aid).
- Assist in developing presentations and financial materials for budget and finance committee of the trustees including the MDA.
Systems
- Develop administer and support budgeting tools processes reporting and systems.
- Participate in internal audits and ensure adherence to internal financial policies and external regulatory requirements.
Other
- Gather data as needed for various financial surveys.
- Analyze historical data and trends as requested.
- Assist with ad-hoc projects as requested.
- Other duties as assigned.
Knowledge Skills and Competencies
- Strong interpersonal skills with ability to develop and maintain collegial relationships.
- Excellent communication (written and verbal) skills.
- Respect for diversity of identities and experiences an orientation toward equity and inclusion and cultural competency in all aspects of Academy life.
- Proven ability to maintain confidentiality.
- Excellent typing and proof reading skills.
- Demonstrated ability to work with students by building trust and credibility.
- Excellent analytical and problem solving skills as well as a strong customer focus.
- Ability to work independently and handle multiple priorities and deadlines simultaneously.
- Strategic high-level thinking coupled with the attention to detail necessary for successful planning and execution.
- Demonstrated ability to collaborate with colleagues by building trust and credibility.
- Proficient in MS Office.
- Willingness and ability to learn additional applications as needed.
- High degree of organizational skills with the ability to be flexible and multi-task with accuracy.
- Ability to follow verbal and written directions maintain a professional demeanor and restraint at all times including stressful situations.
Direct/Indirect Reports
None.
Position Requirements
Education
- Bachelors degree in Finance Accounting Economics or a related field (Masters or CPA a plus).
Experience
- 3 years of experience in budgeting financial analysis or accounting (experience in educational or nonprofit environments preferred).
- Some knowledge of finance and accounting terminology is helpful.
- Experience working with adolescents in an educational setting is preferred.
Additional Requirements
- Successfully complete a criminal background check (reviewed every 5 years).
- Clean Driving record (reviewed annually).
Required Experience:
IC
Employment Type
Full-Time
