Meharry Medical College - Nashville, TN
posted about 2 months ago
Under the direct supervision of the Budget Director, the Senior Budget Analyst plays a crucial role in analyzing financial data and developing complex reports that are essential for forecasting and results analysis. This position may also involve training others in budget-related processes and procedures, ensuring that the team is well-equipped to handle financial tasks effectively. The Senior Budget Analyst is responsible for reviewing and analyzing budget information prepared by departmental users and assisting in the preparation of the annual operating budget. This includes conducting complex work assignments and resolving problems in collaboration with various stakeholders. The role requires a proactive approach to perform other related duties as assigned, contributing to the overall financial health of the institution. The principal responsibilities of the Senior Budget Analyst include analyzing financial data and developing complex reports that provide insights into budget performance. The analyst will review and analyze budget data, identifying gaps and sourcing data to answer key financial questions. Additionally, the role involves developing, validating, and communicating financial metrics that are critical for decision-making. The Senior Budget Analyst will assist in conducting financial studies regarding projected changes in revenue and expenditures, ensuring that the institution is prepared for future financial scenarios. Moreover, the analyst will conduct complex work assignments and problem resolution to support business decisions, utilizing advanced analysis techniques and tools to aid in the preparation and management of the College's operating budgets and planning. This includes preparing financial and cost accounting reports that are essential for tracking the institution's financial performance. The Senior Budget Analyst is expected to perform other duties as assigned, demonstrating flexibility and a willingness to support the department's goals. In terms of scope, the Senior Budget Analyst must be familiar with both formal and informal departmental goals, standards, policies, and procedures, which may include some understanding of other departments within the school or division. The analyst should be sensitive to the interrelationship of both people and functions within the department, fostering a collaborative work environment. Decision-making is a key aspect of this role, as the analyst will regularly exercise administrative judgment and assume responsibility for decisions that impact people, costs, and the quality of service within the functional area. The authority of the Senior Budget Analyst may extend to assisting in directing the activities of staff or a function, further emphasizing the importance of this position within the organization.