Department: MED-Office of Finance & Admin Salary/Grade: EXS/8
The Senior Budget Analyst manages budget and long range financial plan development & analysis in support of school’s mission & in coordination with central offices such as HR, Budget, Financial Aid, Facilities, Purchasing, IT, Provost, etc. Reviews a portfolio of multiple departments' financial operations comprised of work that involves some extremely difficult problems &/or decisions. Manages improvement projects related to daily, monthly, quarterly and annual financial processes for the school. The Senior Budget Analyst applies industry and professional standards, interprets university policy and procedure, federal and state laws, granting agency guidelines, and other regulations (as applicable); recommends accounting policy for the university. Represents &/or guides business area on internal & external financial affairs by recommending and developing alternatives & suggestions.
Serves a primary role in the development of annual budget, long range financial plans, and quarterly forecasts.
Manages budget & provides timely, accurate financial status for the current fiscal & future plan.
Guides units of responsibility through university budgeting and forecasting processes, reviews budget and forecasting submissions.
Acts as a Budget Office expert on units and functions within portfolio of responsibilities.
Analysis, Statements & Reporting:
Recommends changes to tools to improve analysis, forecasting, modeling & reporting & ultimately quality of financial information & analyses provided to management for planning, evaluating & controlling operations.
Establishes proper accounting & audit trails for revenue & expenses related to programs & initiatives.
Develops templates for monthly reconciliation & reports on current financial performance, impact on year-end forecast & opportunities & risks.
Builds, maintains, and updates financial models and associated financial analysis.
Identifies current & future resource planning & allocation issues & develops, leads, & supervises complex studies & analyses that will assist senior staff in reaching resource planning and allocation decisions.
Processes & presents associated data & information through the application of sophisticated database, graphic & spreadsheet tools.
Acts as project manager for design and implementation of internal process, reporting, and system changes.
Performs other duties as assigned.
Bachelor’s Degree in Accounting, Business Administration, Finance or related field; OR 2 years financial administration work experience; OR equivalent combination education and experience where similar knowledge, skills, and abilities may be acquired.
5 years financial, budgeting &/or preparing account reconciliations or financial statements along with financial analysis experience.
Minimum Competencies: (Skills, knowledge, and abilities.)
Excellent computer skills including proficiency in the use of spreadsheet, database and word processing software.
Strong understanding of financial reporting.
Preferred Qualifications: (Education and experience)
CFE-Certified Fraud Examiner
CIA-Certified Internal Auditor
CISA-Certified Information Systems Auditor
CPA-Certified Public Accountant
Preferred Competencies: (Skills, knowledge, and abilities)
Reporting and/or systems development
Northwestern University is an Equal Opportunity, Affirmative Action Employer of all protected classes, including veterans and individuals with disabilities. Women, racial and ethnic minorities, individuals with disabilities, and veterans are encouraged to apply. Hiring is contingent upon eligibility to work in the United States.
Internal Number: 36155
About Northwestern University
Northwestern University is a major private research university with 12 academic divisions located on three campuses in Evanston, Chicago, and Education City in Doha, Qatar. We have approximately 2,500 full-time faculty members, 17,000 graduate and undergraduate students, and over 5,700 full and part-time staff. Northwestern University combines innovative teaching and pioneering research in a highly collaborative environment. It provides students and faculty exceptional opportunities for intellectual, personal and professional growth.