Strategic Financial Analyst: Budget & Forecasting Lead

University of Texas; Austin (TX); Hybrid; USD 60,000 - 81,000; Full time

Benefits offered by this job

Health benefits

Retirement plans

Tuition assistance

Paid time off

Training opportunities

Job summary

The Senior Financial Analyst at University of Texas at Austin provides advanced financial analysis, budget planning, forecasting, reporting, and operational support for Enterprise Technology. This role supports the Chief Business Officer and ET leadership by evaluating financial performance and developing projections.

You will oversee service center and charge-back activities, including rate development, billing, and coordination of rate reviews, ensuring compliance with financial policies and

Qualifications

• Bachelor’s degree in finance, accounting, business administration, economics, or a related field and at least six years of progressively responsible experience in budgeting, accounting, financial planning, forecasting, cost analysis, or financial reporting.
• Experience preparing budgets, projections, variance reports, and management reports.
• Advanced Microsoft Excel proficiency, including complex formulas, pivot tables, lookups, data analysis, and financial modeling.
• Experience interpreting financial data, identifying discrepancies and trends, and developing actionable recommendations.
• Strong understanding of accounting principles, financial controls, and budget management.

Responsibilities

• Coordinate and support ET’s annual budget process.
• Prepare and analyze operating budgets, forecasts, annual and multiyear financial planning scenarios.
• Evaluate budget trends, funding strategies, and financial performance; develop cost analyses and recommendations for services and initiatives.
• Monitor and analyze balances, revenues, expenditures, encumbrances, commitments, and budget-to-actual results across funding sources.
• Prepare recurring and ad hoc reports, dashboards, projections, and executive summaries.
• Identify variances, risks, and trends; recommend corrective actions and support reconciliations and closeout activities.
• Evaluate financial processes, reporting methods, and internal controls.
• Develop financial models, queries, reports, dashboards, procedures, and analytical tools.
• Use technology, automation, and AI appropriately while independently validating data, formulas, assumptions, and results.
• Document and recommend process improvements.
• Administer ET service centers and charge-back activities.
• Process billing; review rate proposals and calculations; collaborate with service owners; coordinate central administrative review and approval; analyze revenue, expenses, utilization, and trends; identify financial issues; and recommend timely rate or operational changes to avoid deficits.
• Interpret and apply applicable financial policies; monitor encumbrances and commitments; analyze position budgets, compensation commitments, and costing allocations; review Workday costing and related business processes; coordinate corrections, transfers, or funding adjustments; and maintain support for staffing and financial decisions.
• Serve as a financial resource and collaborative partner to ET departments and service owners.
• Provide guidance and training on budgeting, forecasting, account management, service center requirements, financial policies, and transaction processes.
• Support special projects, leadership requests, and other related functions as assigned.

Skills

Excel proficiency

Financial analysis

Budgeting

Forecasting

Communication

Problem solving

Education

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

Tools

Workday

DEFINE

UT Direct

PointPlus

Job description

The Senior Financial Analyst at University of Texas at Austin provides advanced financial analysis, budget planning, forecasting, reporting, and operational support for Enterprise Technology. This role supports the Chief Business Officer and ET leadership by evaluating financial performance and developing projections.

You will oversee service center and charge-back activities, including rate development, billing, and coordination of rate reviews, ensuring compliance with financial policies and