University of Minnesota · 1 month ago
Senior Budget Analyst II
Minneapolis, MN
Full-time
Onsite
Senior Level, Lead/Staff
$158K/yr - $186K/yr
12+ years expThe University of Minnesota is seeking a Senior Budget Analyst II to serve as a strategic financial leader responsible for revenue and cost forecasting/planning, data and budgetary analysis, institutional reporting, and financial oversight. This role involves a high degree of autonomy and collaboration with senior leaders and units across the university.
EducationHigher EducationUniversities
Responsibilities
Conduct university and unit-level analyses to support the development of the annual operating budget; develop summary documentation to assist executive level leaders throughout the decision-making process
Expert on policies and best practices for tuition revenue forecasting; lead the central tuition estimating process; evaluate and track unit-level tuition projections
Maintain and further develop processes for tracking and reporting unit-level data submitted through the budget process
Expert on the cost allocation model. Coordinate and analyze statistics and other data used for the University’s cost allocation model and process
Develop and write communications and other documents, such as annual operating budget instructions, President’s proposed operating budget, communications to the units and other audiences, etc
Maintain policies related to financial management. Coordinate with Policy Office, rewriting and reviewing with stakeholder groups
Coordinate and consult with Chief Financial Managers on carryforward and structural balances and conduct in-depth financial assessments of Resource Responsibility Centers. Provide reports to university and unit-level leaders
Coordinate with units to analyze and address issues related to fees, tuition rates, waivers, etc
Support chart-of-account (COA) maintenance with Accounting Services and other units, including unique accounting situations, system set up and maintenance, reporting, helpline tickets, department ID updates, etc
Coordinate and develop documentation and training opportunities and materials on the University’s budget and budget-related topics
Act as the Chief Financial Manager and facilities lead for the SVPFO – Executive Vice President for Finance and Operations Resource Responsibility Center
Coordinate and provide in-depth analysis and/or work on periodic projects as assigned. These items may be short term (1-3 months) or may extend over a period of years and will include project and process management, financial analysis, reporting, presentation of materials, etc
Prepare ad hoc financial analyses to inform annual budget processes, long-range financial plans, and requests from University leaders or external audiences
Coordinate and prepare summary analysis and documentation on individual units and the University; coordinate and write University-wide reports
Lead and participate in projects centered around incentives and disincentives created by the budget model, trend analysis of particular costs or revenues, cost containment proposals, projections of specific revenue types or cost categories, use of chart of accounts to analyze data, etc
Assist with the final implementation of the PEAK initiative and assessing the impact on RRCs
Assist with developing the University’s biennial budget request to the State of Minnesota; coordinate input and support documentation from partners across the University of Minnesota; write and submit documentation required by the state
Expert in the State of Minnesota budgeting systems; biennial budget request entry; reconciliation of state appropriations
Manage and track the University’s appropriations from the State of Minnesota
Coordinate, write, and submit reports required by the state
Qualification
Required
BA/BS degree plus at least 12 years of experience
Experience in accounting, financial reporting, and budget in a higher education environment that demonstrates a substantial knowledge of budget analysis and projections. Experience should include coordination between finance, student and human resource systems
Experience leading teams
Experience with specific financial systems like Enterprise Financial Systems (EFS) or similar platforms
Excellent written and verbal communication skills for explaining complex financial data to a non-expert audience
Preferred
Advanced degree in accounting, analytics, public administration, public affairs, or a related field
Benefits
Competitive wages, paid holidays, and generous time off
Continuous learning opportunities through professional training and degree-seeking programs supported by the Regents Tuition Benefit Program
Low-cost medical, dental, and pharmacy plans
Healthcare and dependent care flexible spending accounts
University HSA contributions
Disability and employer-paid life insurance
Employee wellbeing program
Excellent retirement plans with employer contribution
Public Service Loan Forgiveness (PSLF) opportunity
Financial counseling services
Employee Assistance Program with eight sessions of counseling at no cost
Employee Transit Pass with free or reduced rates in the Twin Cities metro area
Company
University of Minnesota
University of Minnesota is an educational institution that offers master's and doctoral degrees in medicine, law, and engineering fields.
10001+ employees
H1B Sponsorship
University of Minnesota has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (298)
2024 (240)
2023 (289)
2022 (215)
2021 (201)
2020 (185)
Funding
Current Stage
Late StageTotal Funding
$97.08MKey Investors
American Academy of Orthopaedic SurgeonsNational Science FoundationU.S. Environmental Protection Agency
2023-12-01Grant· $0.03M
2023-05-04Grant· $20M
2023-04-13Grant· $10M
Leadership Team
Shane Stennes
Chief Sustainability Officer
Recent News
2025-12-17
2025-12-10
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