Principal Budget Analyst

About the position The Principal Budget Analyst serves as a subject matter expert and strategic advisor for CU Denver’s budget operations. The role leads complex budget analyses, develops advanced forecasting models, and provides guidance to other analysts. The Principal Budget Analyst partners with leadership to shape budget strategy, ensure compliance with state and university policies, and reviews process improvements across the institution. In this role, the Principal Budget Analyst will work with many constituencies including campus administration, campus operating units, employee groups, the President’s Office, the public, and other higher education institutions. The Principal Budget Analyst role in the Budget Office is a full-time, at-will position.

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.

Requirements

• 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.

Nice-to-haves

• PeopleSoft or other Oracle-based financial system experience is highly desired.
• Familiarity with PeopleSoft or other Oracle-based financial system experience.

Benefits

• The University of Colorado Denver provides generous leave, health plans and retirement contributions that add to your bottom line.
• Benefits: https://www.cu.edu/employee-services/benefits

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