Job Description

Job Summary
With a $4.5 billion budget, Indiana University continues to evolve and adapt to fiscal challenges as the higher education landscape continues to change. As a budget analyst within the Indiana University Budget Office, this role serves as an objective and trusted partner in the financial review and analysis of 1 or more campuses and University Administration units.

Department-Specific Responsibilities

Collaborates closely with campus and unit leadership to support strategic financial planning, conduct quarterly financial reviews, analyze financial performance, and synthesize complex financial information into actionable insights for university leadership.
Helps promote sound fiscal stewardship and informed decision-making across the university through data-driven analysis and effective communication.
Analyzes budget requests and recommends campus or Responsibility Center (RC) budgetary requirements for executive recommendations.
Provides information and recommendations to university officials and campus or RC finance administrators regarding specific phases of budget preparation and presentation.
Prepares budget instructions and makes recommendations for improving budgetary processes and procedures.
Reviews campus or RC budget proposals for completeness, accuracy, and compliance with laws, other regulations, and internal policy.
Monitors budgetary variances and works with assigned campus or RC on any adjustments or analysis needed.
Applies the doctrines, theories, and practices within the field of budget and financial analysis and administration.
Evaluates the impact of federal, state, and University internal budget policies, and produces
Prepares technical budget documents and reports in support of the Chief Financial Officer and the University.
Provides guidance to the lead finance administrators of an assigned campus or RC.
Handles highly sensitive and confidential information and situations with objectivity, candor, and confidence.
Reviews budget adjustments and other financial transactions for compliance, administration alignment, and appropriateness.
Processes transactions to distribute budgets awarded across the university.
General Responsibilities

Analyzes, prepares, and recommends financial data to determine past financial performance and to project financial probability and fiscal impact of management decisions and policies.
Collaborates with cross-functional teams to develop large-scale annual budgets, rolling forecasts, and long-term financial plans. Reviews budget requests and recommends campus or department budgetary requirements for executive recommendations.
Prepares strategic and complex scenarios to anticipate various outcomes based on different assumptions.
Performs budgetary controls over large department or campus.
Builds and maintains financial models to support decision-making, creating models for forecasting, cost analysis, and capital expenditures.
Evaluates the impact of federal, state, and university internal budget policies, and produces technical budget documents and reports.
Create variance analysis reports to compare actual performance against budgeted figures.
Presents findings to leadership using tools such as spreadsheets, charts, graphs, and technical reports.
Qualifications
Combinations of related education and experience may be considered. Education beyond the minimum required may be substituted for work experience. Work experience beyond the minimum required may be substituted for education.



EDUCATION

Required

Bachelor's degree in Finance, Accounting, or a related field
Preferred

Master's degree in Finance, Accounting, or a related field
WORK EXPERIENCE

Required

5 years in finance, financial administration, accounting, or related field
Preferred

Higher Education experience, in budget forecasting or financial analysis
SKILLS