Loyola Marymount University · 1 day ago
ITS Budget & Procurement Analyst
Loyola Marymount University is committed to providing a technologically-rich learning environment and is seeking an ITS Budget & Procurement Analyst to ensure financial integrity and operational efficiency within Information Technology Services. This role is responsible for budgeting, forecasting, and procurement processes, aligning ITS resources with institutional priorities to support strategic technology investments.
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Responsibilities
Monitor and Analyze Budget Performance: Review ITS budget against actual expenditures, identify trends and variances, and support corrective actions to improve financial accuracy and resource alignment. This ensures financial integrity and supports proactive decision-making
Coordinate Technology Purchasing: Manage procurement activities from request to purchase, ensuring timely delivery, contract compliance, and alignment with university policies. This supports operational continuity and strategic technology goals
Support Annual Budget Planning: Collaborate with ITS leadership to develop operating and capital budgets that reflect institutional priorities and optimize budget utilization. This ensures strategic allocation of resources for technology initiatives
Ensure Audit-Ready Compliance: Maintain accurate and complete financial and procurement documentation to meet internal and external audit standards. This protects LMU from financial and regulatory risks
Utilize Financial Reports and Dashboards: Leverage ERP system tools and custom analysis to deliver timely, actionable insights on budget performance, procurement activity, and cost trends. This ensures accurate financial oversight and informed decision-making
Identify and Implement Cost Optimization Strategies: Analyze spending patterns and vendor agreements to uncover opportunities for cost avoidance, including cloud resource optimization and contract renegotiation. This maximizes financial efficiency and supports sustainability goals
Evaluate Operational Processes: Review ITS business workflows to identify opportunities for streamlining, reducing cycle times, and improving procurement responsiveness. This improves efficiency, reduces redundancies, and supports continuous improvement across ITS operations
Promote a Culture of Service: Adhere to LMU’s service standards of Communication, Accountability, and Professionalism. This build trust and reinforces ITS’s commitment to exceptional customer service
Perform other related duties
Qualification
Required
Typically a Bachelor's Degree in Business Administration, Finance, Accounting, or a related field; or equivalent professional experience
Minimum of three years of progressively responsible experience in finance or accounting, including hands-on work in accounts payable and receivable, purchasing, contract review, and budget analysis
Strong understanding of accounting principles, budgeting, variance analysis, and forecasting
Familiarity with procurement processes, contract review, and compliance standards in higher education or similar environments
Advanced analytical and organizational skills with the ability to manage complex financial data
Excellent written and verbal communication skills, including the ability to prepare comprehensive reports and executive summaries
Proficiency in interpreting financial data and presenting findings clearly to stakeholders
Ability to establish and maintain collaborative working relationships across departments
Ability to manage multiple priorities, meet deadlines, and adapt to changing requirements
Strong problem-solving and decision-making capabilities in a fast-paced environment
None required; certifications such as Certified Public Accountant (CPA), Certified Purchasing Professional (CPP), or ITIL Foundation are advantageous, but optional
Preferred
Experience with financial systems and ERP platforms (e.g., Workday)
Knowledge of IT procurement practices and technology asset lifecycle management
Familiarity with higher education financial operations and compliance requirements
Advanced Excel skills and experience with financial modeling or data visualization tools
Company
Loyola Marymount University
Loyola Marymount University is a school in Los Angeles.
Funding
Current Stage
Late StageTotal Funding
$8.08MKey Investors
FLETCHER JONES FOUNDATIONW. M. Keck FoundationNational Cemetery Administration
2025-08-28Grant· $1M
2024-10-01Grant· $5M
2024-06-17Grant· $0.35M
Recent News
2026-01-06
2025-12-19
2025-12-10
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