Budget Analyst

Gwynedd Mercy University - Tarrytown, NY

Part-time,Full-time - Entry Level

Tarrytown, NY

5,001-10,000 employees

Educational Services

About the position

The Budget Analyst position at Mercy University plays a crucial role in assisting the Budget Director with the processing and maintenance of the University's annual salary and operating budgets. This position involves a variety of administrative, technical, and service-oriented tasks that are essential for the effective financial management of the institution. The Budget Analyst will be responsible for the confidential development and reconciliation of the annual salary, benefit, and operating budgets, ensuring that all financial data is accurate and up-to-date. In collaboration with the Human Resources department, the Budget Analyst will work closely in the NeoEd hiring process to ensure that job listings are posted correctly. The role also includes maintaining a tracking process for salary budget changes in the HR Banner system via position control, as well as inputting, monitoring, and tracking budget changes throughout the fiscal year. The Budget Analyst will serve as a liaison with budget owners to clarify and confirm budget transfers, and will participate in the preparation of actual expense versus budget variance reports for the Business Affairs Committee. Additionally, the position involves conducting revenue and expense analysis of program and course fees, preparing journal entries, and approving EPAF requests. The Budget Analyst will also liaise with IT regarding the implementation and maintenance of budgeting modules within the Banner system, documenting all related budgeting processes. The role requires the preparation of academic revenue and cost analysis, as well as performing other duties and projects as assigned. The successful candidate will manage their time and resources effectively to meet established goals, demonstrate flexibility in completing work assignments, and maintain confidentiality in handling sensitive information. Excellent customer service skills are essential, as the Budget Analyst will interact with various stakeholders within the university community.

Responsibilities

• Assist in the confidential development and reconciliation of the annual salary, benefit, and operating budgets.
• Work closely with HR in the NeoEd hiring process to ensure listings are posted properly.
• Maintain tracking process for salary budget changes in the HR Banner via position control.
• Input, monitor, and track budget changes (transfers/re-allocations/funding requests) during the year.
• Liaison with budget owners to clarify/confirm budget transfers.
• Participate in the preparation of actual expense vs. budget variance for the Business Affairs Committee.
• Conduct revenue and expense analysis of program and course fees.
• Prepare journal entries and approve EPAF requests.
• Liaison with IT regarding Banner implementation and maintenance of budgeting modules.
• Document Banner related budgeting processes.
• Assist in the preparation of actual expense vs. budget variance analysis for the Finance Committee.
• Prepare academic revenue and cost analysis - academic matrix.
• Perform other duties/projects as assigned.

Requirements

• A MBA is preferred or a bachelor's degree in finance, accounting or business analytics.
• Minimum one to two years of accounting experience.
• Demonstrated leadership, interpersonal, written and oral communication, problem-solving, organizational and presentation skills.
• Strong computer proficiency in MS Office, Outlook, Banner, Tableau.
• Demonstrated evidence of detail orientation, customer service orientation, ability to work independently, ability to perform advanced analytic analysis required.
• Understanding of financial reporting, salary and personnel budgeting.
• Ability to travel between locations required.

Benefits

• High-quality health care plans
• Retirement benefits
• Tuition discounts
• Flexible spending
• Relocation assistance may be provided for eligible moves