Senior Financial and Budget Analyst

Senior Financial And Budget Analyst

The University of Maryland, Baltimore (UMB) Institute for Genome Sciences (IGS) is currently recruiting for a Senior Financial and Budget Analyst. The position will report to the Institute Administrator and will be an integral part of the finance team within IGS. This position will handle all of the post-award accounting for several Principal Investigators (PIs) within the institute, as well as work with the internal pre-award office on issues related to those PIs assigned.

UMB offers a comprehensive benefits package that prioritizes wellness, work / life balance, and professional development, along with additional exciting perks that employees can take advantage of. This position participates in a retirement program (pension or optional retirement plan / ORP) that must be selected and is effective on the date of hire. Exempt regular staff receive a generous paid leave package that includes over 4 weeks of vacation accrued each year, 15 paid holidays, 3 personal leave, unlimited accrual of sick time, and comprehensive health insurance; professional learning and development programs; tuition remission for employees and their dependents at any University System of Maryland school; and flexible work schedules and teleworking options (if applicable per job).

UMB is a public university and constituent institution of the University System of Maryland. All employees are expected to work primarily physically within the State of Maryland.

Primary Duties

Develop and maintain simple and complex spreadsheets in order to analyze financial data and prepare accurate and timely financial reports for PIs, administrator, and financial reporting.

Download, compile, categorize, and manipulate the institute financial data using quantitative models and formulas.

Prepare, and distribute accurate, concise, well-organized, and timely financial reports, presentations, and financial information which may include financial forecasting, and / or budget vs. actual variance analysis.

Work within tight deadlines to analyze budget and financial data and report basic budget and financial forecasts for areas such as salaries, fringe benefits, indirect cost recoveries, revolving funds, grants and contracts, and other areas as needed.

Review and analyze all institute financial accounts and expenditures to identify patterns, trends, and anomalies in order to make accurate year-end revenue, expense, and surplus / deficit projections. Assist in preparing recommendations.

Assist in preparation of future budget based upon historical data and trends.

Maintain and manage budget archive and financial data files that can quickly be accessed and manipulated to generate the needed financial information.

Prepare responses and communication to various internal and external agencies.

Participate in special projects. Identify, recommend, and implement workflow process improvements.

Support institute in identifying data or information about a particular issue, discuss anomalies or discrepancies that are observed, and assist with the preparation of various internal or external financial data requests.

Participate in the discussion, development, and implementation of new university financial processes and procedures.

Assist in development and implementation of financial and budget training programs as needed.

May provide work coordination and training to less experienced staff.

Performs other duties as assigned.

Education

Bachelor's degree in Finance, Accounting, Economics, Business Administration, or business-related field. Master's degree preferred.

Experience

Five (5) years of experience in financial analysis, management accounting, budgeting, auditing, data management, or data analysis with two (2) years of experience in financial analysis, management accounting, budgeting, or auditing.

Preferred Experience

Prior experience with research / sponsored programs in an educational environment is preferred.

Certification / Licensure

Certified Public Accountant (CPA), Certified Management Accountant (CMA), Certified Financial Manager (CFM), or Certified Internal Auditor (CIA) preferred.

Other

Except for qualifications established by law, additional related experience and formal education in which one has gained the knowledge, skills, and abilities required for full performance of the work of the job class may be substituted for the education or experience requirement on a year-for-year basis with 30 undergraduate college credits being equivalent to one year of related experience. In instances where specific education and / or experience is required only directly related education and / or experience may be substituted.

Knowledge, Skills, Abilities

Possess a thorough knowledge of budget / financial requirements with an ability to perform the position in compliance with all requirements / regulations / laws. Maintain high standards with the work being performed. Assume personal responsibility for all outcomes; makes effective and timely decisions; and learns how to effectively use financial software and databases. Maintain productivity and use knowledge strategies to increase knowledge base. Ability to make independent decisions that are a matter of significance for the institute. Ability to effectively communicate both verbal and written thoughts, ideas, and facts. Ability to work cooperatively with others and independently. Ability to demonstrate, understand, apply, and adhere to the UMB Core Values of Respect and Integrity, Well-being and Sustainability, Equity and Justice, and Innovation and Discovery.

Hiring Range : $79,000 - $85,000, commensurate with education and experience.

UMB is committed to cultivating a diverse and inclusive workforce and is proud to be an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, ancestry or national origin, sex, pregnancy or related conditions, sexual orientation, gender identity or expression, genetic information, physical or mental disability, marital status, protected veteran's status, or any other legally protected classification.