Senior Capital Budget Analyst

Johns Hopkins - Baltimore, MD

Full-time - Senior

Hybrid - Baltimore, MD

Educational Services

About the position

The Senior Capital Budget Analyst position at Johns Hopkins Health System is a pivotal role responsible for the planning, organization, and direction of the formulation, presentation, and administration of the annual capital budgets for Johns Hopkins Hospital (JHH) and Baltimore Medical Center (BMC). This hybrid position requires the analyst to work on-site 50% or less, allowing for flexibility while ensuring that the essential functions of the role are met. The analyst will oversee the implementation of the annual capital budgets, ensuring that the allocation of funds complies with established capital policies and procedures. This role is performed under the general supervision of the Assistant Director of Capital Budgeting. The Senior Capital Budget Analyst will engage in various essential functions, including planning and directing the formulation of capital budgets through annual budget cycles, monitoring and reviewing monthly capital expenditures against forecasts and approved budgets, and providing analysis on spending variances. The analyst will also serve as a liaison between the Capital Budgeting team, Project Management team, and hospital leadership, ensuring clear communication and facilitating informed financial and operational decisions. Daily responsibilities will include project creation and closeout, reviewing and approving purchase requisitions, and selecting project charges. Additionally, the analyst will be involved in developing process improvements and maintaining job aids for departmental processes, as well as performing various data analysis and business analytics duties as needed. To succeed in this role, the candidate must possess a thorough knowledge of budget development, monitoring, project management, and project cost accounting. Extensive knowledge of budgeting principles related to capital processes is essential for delivering projects within the allocated budget. The analyst must also be proficient in utilizing technology to facilitate the delivery of the annual capital budget and have a strong understanding of strategic and long-range planning to support departmental goals and performance criteria. Excellent interpersonal and communication skills are crucial, as the analyst will interact with various stakeholders within the organization. A solid understanding of generally accepted accounting principles (GAAP) as they relate to capital projects is also required, along with proficiency in information technology, including software such as SAP, Word, Excel, PowerPoint, and Power BI.

Responsibilities

• Plan, organize and direct the formulation of the Capital Budgets through Annual budget cycles with implementation and monitoring of said budget throughout the Fiscal year
• Monitor and review monthly Capital expenditures versus forecast and approved budget with analysis on spending variances and suggestions of adjustments as needed
• Serve as liaison between Capital Budgeting team, Project Management team, and Hospital leadership to ensure clear communication is achieved with all parties
• Daily responsibilities including: Project creation / Closeout, Review / Approve Purchase requisitions and select project charges
• Development of process improvements
• Development and maintenance of job aids for department processes
• Various Data analysis and Business Analytics duties as needed

Requirements

• High school diploma or equivalent required
• Bachelor of Science Degree in Accounting/Finance/Business Administration preferred
• Valid Driver's License
• 13 years of related experience
• Education may be considered in lieu of experience on a 2:1 basis: Bachelor's Degree and 5 years related experience, Associate's Degree and 9 years related experience, High school diploma or equivalent and 13 years related experience
• Thorough knowledge of budget development, monitoring, project management and project cost accounting
• Extensive knowledge of practice and principles of budget development, monitoring and reporting to successfully deliver the annual capital budgets
• Extensive knowledge of the principles of budgeting as related to the capital process in order to deliver projects budget with the given allocation
• Extensive knowledge of the use and application of technology to facilitate the delivery of the annual capital budget
• Thorough knowledge of strategic and long-range planning in order to support the department in setting forth the goals, benchmarks and performance criteria necessary to insure the successful delivery of the annual capital budgets
• Requires an advanced and proficient level of analytic ability necessary to analyze data, classify and compile reports
• Must have excellent interpersonal and communication skills
• Thorough knowledge of generally accepted accounting principles (GAAP) as related to capital projects
• Extensive knowledge of information technology (PC- and network-based), including SAP, Word, Excel, Power Point, Power BI is a plus
• Proficient written and verbal English communication skills, on a college graduate level
• Interacts professionally with departmental/JHM staff
• Requires an excellent work ethic
• Requires an excellent sense of customer service