Budget & Financial Analyst – Strategic Planning

University of Chicago; Chicago (IL); Hybrid; USD 80,000 - 90,000; Full time

Job summary

University of Chicago Budget Office is seeking a Financial Analyst to provide analytic and project management support for university budgeting processes. The role involves collaborating with financial managers, academic and administrative leaders, and the Office of the Provost to develop budgets and financial management.

You will help develop university-wide metrics, support monthly and annual budget cycles, and build financial models in Excel and Oracle to evaluate performance across units.

Qualifications

• Minimum requirements include a college or university degree in related field.
• 2-5 years of work experience in a related job discipline.
• Bachelor’s degree in accounting, finance, or related field.
• 2+ years experience in accounting, finance, consulting, or a related field.

Responsibilities

• Supports Senior Financial Analysis as Budget Office liaison to financial administrators in several University units as assigned.
• Assists in the development of operating budget targets for major units and reviews submitted budgets for completeness, accuracy, and compliance with University budget procedures.
• Works closely with units to understand actual to budget variance and develop recommendations for programmatic changes or cost containment strategies to avoid deficits.
• Assists in the development, interpretation and implementation of highly complex financial/accounting concepts and advanced techniques for financial planning and forecasting.
• Performs business case analyses and provides quantitative modeling support for various financial management projects in the Budget Office and the Office of the Provost.
• Prepares presentations to convey financial and administrative matters to leadership and members of the University community.
• Creates financial models that employ scenario analysis for future University planning and budgeting decisions.
• Develops and implements metrics and methodologies toolkits for evaluating financial performance for both the University and specific administrative and academic units.
• Coordinates with all levels of management and individuals across the University to gather, analyze, summarize, and prepare recommendations regarding financial plans, operating forecasts and other complex financial matters, with increasing autonomy.
• Builds and maintains complex financial models using Excel, Oracle, and other analysis and reporting tools and systems as necessary.

Skills

Analytical skills

Communication skills

Project management

Detail oriented

Education

Bachelor's degree in accounting, finance, or related field

Tools

Microsoft Excel

PowerPoint

Oracle

Database software

Statistical analysis tools

Job description

University of Chicago Budget Office is seeking a Financial Analyst to provide analytic and project management support for university budgeting processes. The role involves collaborating with financial managers, academic and administrative leaders, and the Office of the Provost to develop budgets and financial management.

You will help develop university-wide metrics, support monthly and annual budget cycles, and build financial models in Excel and Oracle to evaluate performance across units.