Budget Analyst

Montclair State University; Montclair (NJ); On-site; USD 88,000 - 93,000; Full time

Job summary

Montclair State University is seeking a Budget Analyst to support the Budget and Planning team in implementing resource planning and budgeting processes. Responsibilities include developing the annual operating budget, preparing submissions, and providing financial analyses for leadership and the Board of Trustees.

The role requires a bachelor’s degree in accounting/finance/economics, at least three years in budgeting or finance, and advanced Excel skills.

Qualifications

• Bachelor's degree from an accredited college or university in Accounting, Finance, Economics or related field.
• Minimum three years of experience in a budget, finance, or related department.
• Knowledge of budget and statistical analysis.
• Advanced Excel skills.
• Experience with computer systems for finance and budgeting.
• Ability to communicate financial concepts to a variety of employees in the University.
• Ability to work independently, meet deadlines and learn new systems.

Responsibilities

• Assist with the development and monitoring of the University's annual operating budget.
• Prepare budgetary and demographic information for the annual budget submission to the State of New Jersey's Office of Management and Budget.
• Serve as Budget Office liaison to specific units of the University as assigned, assisting those units with the management of their budgets.
• Provide budget analyses and forecasts for presentation to the Board of Trustees.
• Assist with development of personnel and fringe budgets.
• Assist with long-range financial projections including, but not limited to, scheduled debt service, personnel expense, tuition and enrollment, and other items.
• Use a variety of data systems and spreadsheets to analyze student enrollment, personnel headcount and other statistical data that impact financials.
• Use the University's financial system to create or approve budget journals and transfers.
• Assist with the development of budgeting and reporting software used by Budget & Planning.
• Work with Finance & Treasury department on allocations, budget closing, and year-end transfers.
• Uphold and support existing University policies and procedures and make recommendations that enhance its business practices.

Skills

Advanced Excel

Budget analysis

Financial systems

Communication skills

Independent work

Education

Bachelor's degree in Accounting, Finance, Economics or related field

Master's degree

Tools

Workday Financials

Job description

Job Description

Reporting to the Assistant Vice President of Budget and Planning, the Budget Analyst is responsible for assisting in the implementation of resource planning and allocation practice, and assisting with all aspects of the budgeting process and budget management.

PRINCIPAL DUTIES AND RESPONSIBILITIES:

• Assist with the development and monitoring of the University's annual operating budget.
• Prepare budgetary and demographic information for the annual budget submission to the State of New Jersey's Office of Management and Budget.
• Serve as Budget Office liaison to specific units of the University as assigned, assisting those units with the management of their budgets.
• Provide budget analyses and forecasts for presentation to the Board of Trustees.
• Assist with development of personnel and fringe budgets.
• Assist with long-range financial projections including, but not limited to, scheduled debt service, personnel expense, tuition and enrollment, and other items.
• Use a variety of data systems and spreadsheets to analyze student enrollment, personnel headcount and other statistical data that impact financials.
• Use the University's financial system to create or approve budget journals and transfers.
• Assist with the development of budgeting and reporting software used by Budget & Planning.
• Work with Finance & Treasury department on allocations, budget closing, and year-end transfers.
• Uphold and support existing University policies and procedures and make recommendations that enhance its business practices.
• Serve on ad hoc committees and task forces, etc., as assigned.
• Perform other duties as assigned.
• Management retains the right to add or change job duties at any time.

QUALIFICATIONS

REQUIRED:

• Bachelor's degree from an accredited college or university in Accounting, Finance, Economics or related field.
• Minimum three years of experience in a budget, finance, or related department.
• Knowledge of budget and statistical analysis.
• Advanced Excel skills.
• Experience with computer systems for finance and budgeting.
• Ability to communicate financial concepts to a variety of employees in the University.
• Ability to work independently, meet deadlines and learn new systems.

PREFERRED

• Master's degree in related field.
• Experience working in a University or large non-profit setting.
• Knowledge of Workday Financials.

Salary Range

$88,000.00-$93,000.00 Annually

The position may also be eligible for comprehensive benefits, including health insurance, retirement plans, and tuition assistance. For further details, please visit: https://www.montclair.edu/human-resources/benefits/

Montclair State University considers factors such as, but not limited to, scope and responsibilities of the position, candidate’s relevant work experience, education, skills, and internal equity, when extending an offer.

Salary offers for internal employees who are part of a collective bargaining unit (CBU) and are applying to a position that is within a CBU will be determined in accordance with contractual provisions.

Department

Budget and Planning

Position Type

Administrative

Inclusion Statement

Montclair State University values access and educational excellence. We are committed to an environment of diverse perspectives which ensures that graduates will be civically engaged, committed to democracy, and prepared to thrive as global citizens. We foster a community that promotes varied experiences and voices. We seek applicants who will contribute diverse ideas and perspectives and who value an environment that promotes educational growth and advancement for all.

EEO/AA Statement

Montclair State University is an Equal Opportunity/Affirmative Action institution with a strong commitment to diversity.

Additional information can be found on the website at
www.montclair.edu/human-resources/about-us/eo-aa-and-diversity/

Title IX and 34 C.F.R. 106 Policy

Montclair State is required by Title IX and 34 C.F.R. 106 not to discriminate on the basis of sex or gender, and does not discriminate on the basis of sex or gender in the operation of education programs and activities. The requirement to not discriminate on the basis of sex or gender in the operation of education programs and activities extends to admission and employment. For further details, please visit: https://www.montclair.edu/human-resources/job-seekers/