Budget Analyst

Lamar-University; Beaumont (TX); On-site; USD 65,000 - 90,000; Full time

Benefits offered by this job

Health, dental & vision insurance

Life insurance

State of Texas Retirement plans

Tuition covered at 100% for employees,

Spouses and/or eligible dependents

Job summary

Lamar University is seeking a Budget Analyst to perform comprehensive financial analysis and reporting for LU and TSUS campuses. You will develop budgets, forecast trends, and provide leadership with actionable insights to optimize resources and ensure compliance with state standards.

The role involves advising on budgetary matters, preparing reports, and supporting financial planning initiatives across university units, with emphasis on data visualization and ERP system data integration.

Qualifications

• Bachelor's degree in Finance, Accounting, General Business, or related fields.
• Experience in accounting, auditing, finance or budget preparation and analysis, and performance measurement reporting work.

Responsibilities

• Reviews and processes budgetary transactions for submission to the University operating ledger, including temporary and permanent transactions; updates position budget records for salary changes, funding realignments, and budget savings.
• Develops, prepares, and analyzes operating budgets and expenditure projections; provides management with budget data, trends, forecasts, and recommendations to support financial planning and resource allocation.
• Collects, analyzes, and reports financial and operating data to identify budgetary issues, evaluate alternative solutions, assess fund allocations, and identify opportunities for efficiency.
• Advises University constituents on budgetary matters, expenditure requirements, and actions needed to maintain compliance with approved budgets; communicates budgetary principles and trains on procedures.
• Maintains financial and trend data and develops graphs, reports, forecasts, and other analytical tools to support budget management and decision-making.
• Prepares or assists with legislative appropriations requests, fiscal notes, analyses, and other budget reports.

Skills

Budget analysis

Financial modeling

Data visualization

Analytical thinking

Education

Bachelor's degree in Finance/Accounting/Business

Master's degree in Finance/Accounting (optional)

Tools

SAP

Banner

Workday

Tableau/Power BI

Job description

Reporting to the Director of Budget and Financial Planning, the Budget Analyst performs financial analysis and reporting for Lamar University, Sul Ross State University (Alpine and International campuses), and other Texas State University System (TSUS) campuses ensuring compliance with TSUS and state standards. Responsibilities include administering financial and business processes or systems; developing financial models and data visualizations; reviewing, analyzing, and interpreting financial data; preparing reports and responding to information requests; and advising leadership or business administrators on actions to address financial or regulatory issues.

Budget Transactions and Position Management

• Reviews and processes budgetary transactions for submission to the University operating ledger, including temporary and permanent transactions; processes personnel actions and updates position budget records for salary changes, funding realignments, and budget savings.
  

Budget Planning and Development

• Develops, prepares, and analyzes operating budgets and expenditure projections; provides management with budget data, trends, forecasts, and recommendations to support financial planning and resource allocation.
  

Budget Analysis and Financial Monitoring

• Collects, analyzes, and reports financial and operating data to identify budgetary issues, evaluate alternative solutions, assess the appropriateness of fund allocations, and identify opportunities for more effective and efficient use of resources.
  

Budget Consultation and Training

• Advises University constituents on budgetary matters, expenditure requirements, and actions needed to maintain compliance with approved budgets; communicates budgetary principles and assists with training related to financial and business operations procedures.
  

Financial Reporting, Forecasting, and Data Management

• Maintains financial and trend data and develops graphs, reports, forecasts, and other analytical tools to support budget management, decision-making, performance monitoring, and identification of emerging financial trends; performs other job-related duties as assigned.
  

Legislative and Institutional Budget Reporting

• Prepares or assists with legislative appropriations requests, fiscal notes, legislative analyses, agency budget instructions, performance measure reports, and other required financial and budgetary reports.
• Other duties may be assigned to this position on a regular or occasional basis to respond to the needs of the university.
  

Minimum Qualifications:

• Bachelor’s degree in Finance, Accounting, General Business, or related fields.
• Experience in accounting, auditing, finance or budget preparation and analysis, and performance measurement reporting work.

Desired Qualifications

• Master’s degree or higher in Finance, Accounting, General Business, or related fields may substituted for experience.

Key Competencies:

• Strong analytical skills with the ability to interpret financial data, analyze trends, and make recommendations based on findings.
• Knowledge of financial analysis and examination procedures for regulated entities.
• Ability to develop, report, and communicate business performance metrics to stakeholders and senior management, including external regulatory bodies.
• Strong interpersonal communication skills to develop working relationships with university constituents and service partners.
• Ability to leverage data analysis tools and techniques to extract insights from financial data and present findings in a clear and concise manner using visualization tools like Excel, Tableau, or Power BI.
• Knowledge or experience with ERP data repository systems, such as SAP, Banner, Workday, etc.

Physical Requirements:

• Current driver’s license and ability to travel.
• Prolonged periods of sitting at a desk and working on a computer.

Job Conditions:

The Budget Analyst works in an office environment typically following a 40-hour workweek, although additional hours and some travel may be required during peak periods.

Special Note:

We are unable to provide visa sponsorship for this position. Candidates must be authorized to work in the United States without the need for sponsorship now or in the future.

Who We Are:

Home to more than 18,000 students, Lamar University is among the fastest growing Texas colleges and universities. LU is a member of The Texas State University System, which is the first higher education system of Texas and maintains the lowest average tuition and fees of any university system in Texas. With more than 120-degree options and a community that cares, Lamar students are always proud to be Cardinals. Lamar University strives to educate leaders, demonstrate excellence in student learning and career readiness, and pursue research with relevance.

Lamar University is committed to fostering an environment of teamwork where all students, faculty, and staff can learn, work, and become a part of our community.

Benefits:

• Health, dental & vision insurance
• Life insurance
• State of Texas Retirement plans
• Tuition covered at 100% for employees,spousesand/or eligible dependents
• Paid time off – vacation,sick, and holidays

To see more information about the available benefits, please visit:

Benefits - Lamar University