University of Michigan · 2 days ago
Budget Analyst
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Responsibilities
Coordinate daily budget activities.
Initiate and follow through on all transactional activity with the Shared Services Center (SSC), including accounts payable, accounts receivable, statement of activities/gross pay register reconciliation, travel and expense, service unit billings, and journal entries ensuring compliance with U-M and Library policies and internal controls.
Troubleshoot and resolve issues with financial transactions, identify and correct errors, answer questions, and provide information and assistance to project grant directors in analyzing project status.
Initiate purchases of supplies and equipment using a variety of methods including purchase requisitions, purchase orders, and payment requests following requests through to completion.
Compile and provide information about budget and account activities, personnel rosters, and budget documents.
Monitor and reconcile budgets, accounts, and rosters, and review related activities for compliance with established procedures.
Be the administrative contact for divisional project grants, including general, designated, gift, sponsored, and discretionary funds providing accurate and thoughtful guidance regarding U-M and Library financial procedures.
Use advanced budgeting and financial software to evaluate data, provide projections, and produce financial reports.
Analyze financial trends, costs, revenues, financial commitments, and obligations incurred to project future revenues and expenses.
Participate in developing strategic directions and goals for the Library Finance department.
Contribute to complex budget projects.
Support the installation of budgetary control systems.
Train newly assigned or less experienced finance staff.
Qualification
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Required
Bachelor's Degree or equivalent experience.
2+ years of progressively responsible experience in finance and/or budgeting.
Demonstrated expertise in financial analysis within established timelines with the ability to present complex financial data in understandable terms.
Knowledge in financial planning, strategic analysis, budget formulation, budget execution, and financial and budget reporting.
Demonstrated experience handling a variety of financial transactional tasks including expense reports, procurement transactions, and other related processes in compliance with an organization's administrative policies and procedures.
Demonstrated experience using advanced spreadsheet functions (such as Excel Pivot tables, and VLookup).
Experience performing work that is varied and challenging while working in an environment of fluctuating priorities.
Experience with process improvement efforts.
Demonstrated commitment to diversity and inclusion and a commitment to continuous learning.
Preferred
Knowledge of higher education budget process cycle and requirements.
Demonstrated expertise in working with reporting software (such as Business Objects, Tableau, etc.) and databases (such as SQL and Oracle) with an understanding of database reporting, structure and data management.
Benefits
Health, dental, and vision insurance
Generous time off (24 vacation days per year and 15 sick days per year)
A retirement plan that provides two-for-one matching contributions with immediate vesting
Professional development opportunities
Flexible spending accounts for healthcare and dependent care expenses
Life insurance, long-term disability coverage, and more
Company
University of Michigan
The mission of the University of Michigan is to serve the people of Michigan and the world through preeminence in creating, communicating, preserving, and applying knowledge, art, and academic values, and in developing leaders and citizens who will challenge the present and enrich the future.
Funding
Current Stage
Late StageLeadership Team
Recent News
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