Budget Analyst Lead

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How to Apply

A cover letter is required for consideration for this position and should be attached as the first page of your resume. The cover letter should address your specific interest in the position and outline skills and experience that directly relate to this position.

Job Summary

Facilities & Operations is seeking an energetic and transformative leader to head our seasoned Budget & Reporting team who support annual operating budgets of approximately $200M. This pivotal role requires not only a deep proficiency in spreadsheet analysis but also the ability to translate complex financial information into clear, actionable insights for all levels of our organization. The ideal candidate will be a strategic thinker with strong communication skills and a hands-on approach to financial leadership.

Who We Are

Facilities and Operations (F&O) has primary responsibility for the stewardship of the university's physical properties, including 37 million square feet of building space. We are responsible for sophisticated and complex academic, research and clinical facilities, as well as associated environmental stewardship and regulatory compliance. F&O is a positive organization dedicated to the principles of being respectful, collaborative, solutions-based, and proactive.

Facilities and Operations Operational Support includes finance, human resources, training, and information services. The F&O Finance team provides consolidated business support to F&O departments in the areas of fiscal management, reporting, budgeting, payroll and timekeeping, rate development, and internal controls.

Why Work at Michigan?

In addition to a career filled with purpose and opportunity, the University of Michigan offers a comprehensive benefits package to help you stay well, protect yourself and your family and plan for a secure future. Benefits include:

• Generous time off, including vacation time, sick time, holiday and season days

• A retirement plan that provides two-for-one matching contributions with immediate vesting

• Many choices for comprehensive health insurance

• Life insurance

• Long-term disability coverage

• Flexible spending accounts for healthcare and dependent care expenses

• Strong commitment to work/life balance

• Hybrid work model - minimum 2 days onsite, 3 days remote with flexible work arrangements with respect to campus stakeholder needs

Responsibilities*

Financial Analysis:

• Conduct thorough analyses of monthly financial results and budget variances, focusing on identifying trends, generating insights, and providing detailed explanations.

Financial Reporting & Presentation:

• Collaborate closely with the Associate Director to prepare and present comprehensive monthly financial assessments to F&O partners, ensuring clarity and strategic foresight.

Budget Support & Consultation:

• Offer expert guidance to financial partners across F&O on a wide spectrum of budget-related matters, including annual and monthly budgeting for Auxiliary and General Funds, capital planning, rate development, and cost containment strategies.

• Serve as a trusted advisor, providing consultation and resolution for complex budget issues.

Year-End Financial Certification:

• Spearhead the annual year-end certification financial processes and conduct in-depth analyses, ensuring accuracy and compliance across all financial operations within F&O.

Strategic Financial Leadership:

• Collaborate with financial leadership across F&O to analyze potential strategies, make informed decisions on significant matters without immediate direction, and contribute to ongoing financial planning efforts.

Special Projects & Additional Duties:

• Assist with various special projects and undertake additional responsibilities as assigned by the Associate Director, demonstrating flexibility and a commitment to organizational goals.

Required Qualifications*

• Bachelor's degree in accounting, finance or a business-related field or equivalent combination of education and experience.

• Minimum of 8 years of experience in financial analysis, budgeting and forecasting.

• Strong financial management skills in budgeting and financial reporting.

• Strong proficiency in financial analysis tools and software, particularly Business Objects. Demonstrated skill in creating data queries and reports.

• In-depth knowledge of budgeting and variance analysis. Extensive knowledge and experience using spreadsheets, advanced spreadsheet functions and complex databases.

• Highly proactive, a high degree of problem-solving skills, a high sense of ownership and accountability for workload, and flexibility during times of change.

• Exceptional attention to detail and strong analytical skills. Demonstrated ability to recognize and investigate data anomalies.

• Excellent written and verbal communication skills, with the ability to summarize and present complex financial information clearly and concisely to leadership.

Modes of Work

Positions that are eligible for hybrid or mobile/remote work mode are at the discretion of the hiring department. Work agreements are reviewed annually at a minimum and are subject to change at any time, and for any reason, throughout the course of employment. Learn more about thework modes (https://hr.umich.edu/working-u-m/my-employment/ways-we-work-resource-center/ways-we-work-implementation-group/modes-work) .

Additional Information

Facilities and Operations seeks to recruit and retain a diverse workforce as a reflection of our commitment to serve the diverse people of Michigan, to sustain the excellence of the university, and to offer our students richly varied disciplines, perspectives and ways of knowing and learning.

F&O is a positive organization dedicated to the principles of being respectful, collaborative, solutions-based, and proactive.

Background Screening

The University of Michigan conducts background checks on all job candidates upon acceptance of a contingent offer and may use a third party administrator to conduct background checks. Background checks are performed in compliance with the Fair Credit Reporting Act.

Application Deadline

Job openings are posted for a minimum of seven calendar days. The review and selection process may begin as early as the eighth day after posting. This opening may be removed from posting boards and filled anytime after the minimum posting period has ended.

U-M EEO/AA Statement

The University of Michigan is an equal opportunity/affirmative action employer.

Job Detail

Job Opening ID

255551

Working Title

Budget Analyst Lead

Job Title

Budget Analyst Lead

Work Location

Ann Arbor Campus

Ann Arbor, MI

Modes of Work

Hybrid

Full/Part Time

Full-Time

Regular/Temporary

Regular

FLSA Status

Exempt

Organizational Group

Business Operations

Department

Facilities & Operations - Fin

Posting Begin/End Date

10/14/2024 - 10/28/2024

Salary

$95,000.00 - $105,000.00

Career Interest

Finance

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