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University of Maryland, Baltimore
Baltimore, Maryland, United States
(on-site)
Posted
1 day ago
University of Maryland, Baltimore
Baltimore, Maryland, United States
(on-site)
Job Type
Full-Time
Lead Financial and Budget Analyst
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Lead Financial and Budget Analyst
The insights provided are generated by AI and may contain inaccuracies. Please independently verify any critical information before relying on it.
Description
Job DescriptionThe University of Maryland, Baltimore (UMB) Institute for Genome Sciences (IGS) is currently recruiting for a Lead Financial and Budget Analyst. The position will report to the Institute Administrator and will be an integral part of the finance team within IGS. This position will handle all of the post-award accounting for several Principal Investigators (PI's) within the institute, as well as work with the internal pre-award office on issues related to those assigned to the PI.
Benefits (Exempt Regular):
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, 15 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; and 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.
The ideal candidate will personally connect with the Administration and Finance Guiding Principles which closely mirror UMB's core values: Respect and Integrity, Well-Being and Sustainability, Equity and Justice, and Innovation and Discovery.
Primary Duties:
- Develop, update, and maintain simple and complex financial spreadsheets in order to analyze University's financial data and prepare accurate and timely financial reports for university administrators, state budget, and financial reporting.
- Download, compile, categorize, and manipulate the University's financial data using formulas and methods. Prepare, and distribute accurate, concise, well-organized, and timely financial reports, presentations, and financial information which may include financial charts, forecasting, and/or budget vs. actual variance analysis.
- Work within tight deadlines to analyze and provide basic forecasts for budget and financial data, such as salaries, fringe benefits, indirect cost recoveries, state funds, revolving funds, grants and contracts, fund balances, and other areas as needed.
- Lead review and analysis of all University's assigned financial accounts and expenditures to identify patterns, trends, and anomalies in order to make accurate year-end revenue, expense, and surplus/deficit projections. Develop recommendations and present to leadership.
- Prepare future budgets based upon historical data and trends.
- Maintain and manage an archive of budget and financial data files that can quickly be accessed and manipulated to generate the needed financial information.
- Independently prepare responses for various internal and external agencies.
- Participate in special projects. Identify, recommend, and implement workflow process improvements.
- Communicate and collaborate with schools and administrative units to understand their financial activity, request data or additional information about a particular issue, discuss anomalies or discrepancies that are observed, and assist them with the preparation of various internal or external financial data requests.
- Participate or direct the discussion, development, and implementation of new university financial processes and procedures.
- Support management with special projects and implement workflow process improvements and initiatives. Provide management updates and recommendations. Develop and implement training programs as needs are identified.
- Provide work coordination and training to less experienced staff.
- Performs other duties as assigned.
Qualifications:
Education: Bachelor's degree in Finance, Accounting, Economics, Business Administration, or business-related field. Master's degree preferred.
Experience: Six (6) years of experience in financial analysis, management accounting, budgeting, auditing, data management, or data analysis with three (3) years of experience in financial analysis, management accounting, budgeting, or auditing.
Supervisory Experience: N/A.
Certification/Licensure: Certified Public Accountant (CPA), Certified Management Accountant (CMA), Certified Financial Manager (CFM), or Certified Internal Auditor (CIA) preferred.
Other: Prior experience with research and/or sponsored programs in an educational environment is preferred.
Knowledge, Skills, Abilities:
- Possess a thorough knowledge of budget/financial requirements and able to perform the position in compliance with all requirements/regulations/laws. Maintain high standards with the work being performed. Assume personal responsibility for all outcomes; makes effective and timely decisions; and learns how to effectively use financial software and databases. Maintain productivity and use knowledge strategies to increase knowledge base. Able to make independent decisions that are a matter of significance for the institute.
- 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: $95,000 - $105,000, 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 HRDiversity@umaryland.edu . 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.
Job ID: 80937401
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