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The Department of Budget and Fiscal Planning at University of ColoradoÌýºù«ÍÞÊÓƵ welcomes applications for a Senior Budget Analyst. This individual is a fully operational analyst, providing advanced knowledge and analysis in financial modeling, reporting and revenue forecasting for the ºù«ÍÞÊÓƵ. The Senior Budget Analyst is responsible for budget and financial analysis for all campus funds. Through a comprehensive understanding of the campus budget, provide expert guidance for the interpretation of budget and financial scenarios.

Under the leadership and direction of the Director of Budget Planning and Policy Analysis, and in collaboration with the Director of Budget Management, the Senior Budget Analyst assists in the analysis of campus budget reports, develops revenue projections, and other specialized financial reports and analyses, with a particular emphasis on revenues that impact the campus Education and General Fund budget (tuition and fees, state funding, ICR), and restricted funds (sponsored projects, current gifts and endowments). The Senior Budget Analyst serves as the main interface with the Bursar’s Office for all tuition rate updates and changes. Advises how budgetary decisions and trends in revenue and expenditures affect the university’s financial position. This includes:

What Your Key Responsibilities Will Be

Budget Resource Reporting and Analysis

• Attain and enhance expertise on campus revenues that affect campus resource decisions, namely tuition and fees, state funding, and indirect cost recovery.
• Manage the data analysis and drafting of major campus deliverables such as compensation reporting, unrestricted net position, budget data book, campus efficiencies, and annual variance analysis.
• Attain and enhance expertise of sponsored research project funding and patterns of activity.Ìý

Budget Management

• Assess budget performance from monthly reporting and identify problem trends and solutions. Work with appropriate Budget Management partners to understand drivers of budgetary variances and recommend actions to adjust budget expectations.
• Ensure appropriate communication and reporting of approved tuition and fee rates, to Bursar, Financial Aid, Admissions, etc.

Forecasting and Modeling

• Lead modeling efforts for key campus revenue areas, including tuition projections based on predicted enrollment, changes to tuition structure, and revised tuition rates: Create customized models utilizing Microsoft excel and other modeling tools that accurately communicate outcomes to leadership.Ìý
• Maintain, modify, enhance, and continuously improve a tuition model that specifically addresses components, including resident and nonresident, census and end-of-term, and graduate and undergraduate.Ìý
• Analyze enrollment trends in extended studies and propose action that is compatible with main campus viability, curriculum offerings, and general revenue enhancement.

Reporting and Analysis

• Develop and ensure accuracy of required reports for review by Associate Vice Chancellor for Budget and Finance (AVC) & Director of Budget Planning and Policy Analysis, including: System and Board of Regent inquiries; tuition and fee survey; campus efficiency update, tuition and fee tables, budget data book, and sources and uses.
• Primary budget/finance lead for fiscal note requests. In conjunction with the Legislative Affairs team, ensure all requests are fully communicated to relevant parties and any potential analysis is presented to campus leadership for review.
• Prepare regular reports for actual, budget and forecast reports and presentations.
• Prepare financial analyses for the consideration of AVC and Director of Budget Planning and Policy Analysis.

What We Require

• Bachelor’s degree or greater from an accredited college or university in finance, accounting, administration, economics or other business-related field.Ìý
• Minimum of five years’ experience in budget analysis and/or analysis of other accounting or financial data.Ìý
• Equivalent combination of education and experience may substitute.

What You Will Need

• Expert Microsoft Excel skills, including creation, maintenance, and improvement of worksheets, advanced charting, functions, advanced formulae, tool bars, PIVOT Tables, PIVOT reporting, simulations, and Macros.
• Thorough analytical thinker, excited and able to tackle problems through a logical and systematic approach and committed to ensuring complete, accurate, and carefully prepared documents.
• Demonstrated depth of knowledge and skill in the field of public higher education budget modeling.
• Demonstrated experience and ability to efficiently and accurately analyze and interpret financial data by using spreadsheets, databases, and modeling applications.
• Ability to coach and encourage team members and stakeholders—from entry-level analysts to senior leadership— through complex data, processes, and forms.
• Experience as an independent and team contributor, with the ability to identify what must be done and the initiative to address the task/issue before being asked and willingness to take an independent position, speak truth to leadership, and expertly advocate for a position.
• Establish rapport and become a credible source of information and guidance for campus partners. This requires excellent attention to detail, exceptional written and verbal communication skills, and the ability to develop strong interpersonal interactions that cultivate trust and confidence.
• Ability to appropriately prioritize responsibilities in a high-pressure environment.

What We Would Like You To Have

• Master’s degree from an accredited college or university in business administration, economics, finance, accounting, or other business-related field.
• Experience applying financial modeling skills in resource planning at an enterprise level, preferably within or pertaining to a public institution (or institutions) of higher education.
• Professional work experience in Colorado public university, community college, or state agency.
• Knowledge and understanding of State legislative processes, procedures and departments with relationships to Higher Education. Specifically prior experience navigating potential legislation and associated fiscal impacts.
• Experience with the University of Colorado’s financial system (PeopleSoft FIN) and HR system (HCM).

What We Can Offer

Salary Range Starts at $80,000, commensurate with experience.

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Budget & Fiscal Planning partners with academic and administrative leaders, coordinates campus-wide budget and fiscal planning and identifies and facilitates the allocation of resources necessary for the ºù«ÍÞÊÓƵ campus to excel as a major educational and research university. Through collaboration, we connect ideas, resources, and decisions that drive the university’s success.

BFP is one of four groups within the Finance and Business Strategy (FBS) Team. Our office and fellow offices within FBS work to ensure the ºù«ÍÞÊÓƵ has a strategic, systematic, and comprehensive approach to all areas of business and financial management.