Budget Analyst

Socket.dev; Baltimore (MD); Hybrid; USD 63,000 - 71,000; Full time

Benefits offered by this job

Pension plan

Paid time off

Health insurance

Professional development

Tuition remission

Flexible schedule

Telework options

Job summary

The Finance Office of the University of Maryland Marlene and Stewart Greenebaum Comprehensive Cancer Center (UMGCCC) is recruiting for a Budget Analyst. The selected candidate will track spending on grants for principal investigators, generate and distribute accurate monthly reports, analyze monthly reports and clear deficits, and monitor purchase orders on grant/sponsor projects.

This is a partially remote position.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Business Administration, or business-related field.
• Two years of experience in accounting, budgeting, or related field.
• Related experience may be substituted for education.

Responsibilities

• Act as the Quantum Financials transaction initiator/receiver for Oncology Finance by initiating requisitions, non-PO check requests, customer billing and debit memos.
• Compile supporting documents for purchases and prepare monthly reconciliation reports.
• Serve as financial liaison to Administrative Assistants for clinical faculty transactions.
• Provide technical advice and support to Oncology Fellows Coordinator for payments, guest travel and disbursements.
• Initiate Oncology Practice vendor payments for approval, while acting as approver of reimbursements created by other initiators in FPI doc-link system.
• Visit the University Cashier to make departmental deposits and pick-up working fund checks by appointment.
• Prepare various Foundation disbursements and cost recoveries in applicable UMBF, UMMF and USMF applications.
• Create departmental tracking mechanism for all transaction types so Finance Team has timely and accurate records to provide recipients.

Skills

Communication skills

Collaborative work

Independent work

Technical systems knowledge

Education

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

Master's degree preferred

Job description

The Finance Office of the University of Maryland Marlene and Stewart Greenebaum Comprehensive Cancer Center (UMGCCC) is recruiting for a Budget Analyst. The selected candidate will need skills and competency to track spending on grants for its principal investigators, which includes generating and distributing accurate monthly reports, analyzing monthly reports and clearing deficits, and monitoring purchase orders on grant/sponsor projects. This is a partially remote position.

Benefits Information

• 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 your date of hire.
• Exempt regular staff receive a generous PAID leave package that includes over 4 weeks of vacation accrued each year, 16 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.
• 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

• Act as the Quantum Financials transaction initiator/receiver for Oncology Finance by initiating requisitions, non-PO check requests, customer billing and debit memos. Track and document transactions workflow life cycle.
• Compile supporting documents for purchases and prepare monthly reconciliation reports.
• Serve as financial liaison to Administrative Assistants for clinical faculty transactions such as travel, dues, licenses as it relates to Oncology Practice. Document reimbursements in quarterly clinical discretionary reports. Collect and record applicable forms for clinical faculty with their assigned assistant.
• Provide technical advice and support to Oncology Fellows Coordinator for payments, guest travel and disbursements related to their program at UMMC.
• Initiate Oncology Practice vendor payments for approval, while acting as approver of reimbursements created by other initiators in FPI doc-link system.
• Visit the University Cashier to make departmental deposits and pick-up working fund checks by appointment. Prepare deposit records and make deposits at M&T Bank related to Oncology Practice.
• Prepare various Foundation disbursements and cost recoveries in applicable UMBF, UMMF and USMF applications. Follow the lifecycle of disbursements.
• Create departmental tracking mechanism for all transaction types so Finance Team has timely and accurate records to provide recipients.
• Provide support for events as the departmental parking validator with UMB Parking and Transportation Services.
• Retrieve US and Interoffice mail from mailroom and distribute to recipients.
• Prepares and assembles statistical data and reports for use in budgetary evaluation, maintaining downloaded data to coordinate necessary computer files.
• Examines a variety of financial statements for completeness and accuracy and conformity with fiscal policy, assisting in maintenance and reconciliation where needed. Provides technical advice and assistance to departmental faculty and managers on adherence to budget and control procedures.
• Produce and analyze sections of special reports and projects or participate in additional departmental and administrative services as needed.
• Review historical award tracking systems for compliance and accuracy of reporting and develop new systems as needed.
• Programmatic objectives of sponsored program budgeting while adhering to grant and contract agency guidelines.
• Performs other duties as assigned.

Education: Bachelor's degree in Finance, Accounting, Economics, Business Administration, or business-related field. Master's degree preferred.
Experience: Two (2) years of experience in accounting, budgeting, or related field.
Other: Related experience may be substituted for education.

Knowledge, Skills, and Abilities

Knowledge of position requirements. Knowledge of all applicable requirements, regulations, and laws. Skill in effective use of applicable technology/systems. 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

$63,000 - $71,000, 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.

If you anticipate needing a reasonable accommodation for a disability under the Americans With Disabilities Act (ADA), during any part of the employment process, please submit a UMB Job Applicant Accommodation Request. You may also contact [e-mail]. Please note that only inquiries concerning an ADA request for reasonable accommodation will be responded to from this email address.

The University of Maryland, Baltimore prohibits sex discrimination in any education program or activity that it operates. Individuals may report concerns or questions to the Title IX Coordinator. Read the UMB Notice of Non-Discrimination for more information.