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University of Colorado · 1 day ago

Principal Budget Analyst

Denver, CO

Full-time

Hybrid

Senior Level, Lead/Staff

$83K/yr - $92K/yr

3+ years exp

The University of Colorado Denver is a leading public urban research university that focuses on innovation, research, and learning. The Principal Budget Analyst serves as a subject matter expert and strategic advisor for budget operations, leading complex analyses and collaborating with leadership to shape budget strategy and ensure compliance with policies.

EducationHigher EducationUniversities

No H1B

Responsibilities

Serve as lead budget analyst for Administration, providing expert guidance on budget development and resource allocation

Mentor and provide technical guidance to junior budget staff

Represent the Budget Office when working with Administration, influencing policy and strategic decisions

Conduct regular budget review meetings with managers to discuss any finance issues, advise on spending trends and strategic planning monthly

On an annual basis, collaborate with Administration and other leadership as needed to develop the budget

Assist in the reconciliation of the annual CU Denver operating budget document in collaboration with the Anschutz team. This requires working with the senior staff implementing general budget guidelines developed by other state agencies and the governing board, assisting in the review of department budgets for reasonableness and compliance with guidelines

Provide rigorous quantitative and qualitative analyses of the major issues facing the university and communicate results and recommendations to administration and other leadership and fiscal managers

Collects, queries, and analyzes the financial Central Information Warehouse, the Integrated Student Information System, the Student Unit Record Data System, and other University information sources for the development and review of business intelligence models

Loading all budgets for Administration into the system and loading all salaries

Assist in the development of materials, reports, schedules, charts, and graphs that are presented to officials of the University in management meetings and retreats by analyzing historical data and trends and helping compile new budget figures for the new fiscal year (i.e., salaries, tuition, operating expenses, etc.), taking into consideration inflation and the accomplishments and future goals of the CU Denver

Assist in the monitoring of budgetary data maintained in the University financial reporting system by reviewing departmental changes to initial operating budgets for reasonable budgeting decisions, compliance with applicable guidelines, and proper preparation before submittal to budget director for approval

Project and forecast expenditures, revenues, rates, and cash flow, and for monitoring professional staff and classified staff FTE utilization

Assists in the response to requests for information from the President’s Office, auditors, Administration and outside agencies by compiling information, analyzing data, and projecting new figures for expenditures and revenues

Process journal entries and payroll expense transfers

Process funding changes per payroll deadlines as needed

Qualification

Budgeting principlesFinancial forecastingHigher education budgetingPeopleSoft experienceAdvanced Excel modelingAnalytical skillsAccounting processesCustomer service skillsCommunication skillsTeam leadershipRelationship building

Required

A bachelor's degree in business, business administration, finance, accounting, or directly related field from an accredited institution

Three years of progressively responsible finance or budget related experience

Experience must include developing and managing multi-million-dollar budgets, performing forecasting, and collaborating with leadership on budget processes

Demonstrated expertise in higher education budgeting strategy

Experience with the State of Colorado and/or University of Colorado budgetary processes is required