RPM Budget Analyst Senior

A cover letter is required for consideration for this position and should be attached as the first page of your resume. The cover letter should address your specific interest in the position and outline skills and experience that directly relate to this position.

At Michigan Engineering, we develop the talent and technologies that move society forward and serve our state and national interests. Through discovery and innovation, we create the foundational knowledge and practical technologies to solve not only today's most pressing challenges, but also power industries and change lives. Our programs and community are designed to promote personal well-being and achievement, enabling everyone to unlock their potential and contribute with confidence.

The Resource Planning and Management unit in the College of Engineering seeks an experienced Senior Finance Analyst with opportunities for growth into a lead-level position to support the Director of Budget and Financial Operations and the Dean's Office.

RPM Finance Team seeks a Senior Budget Analyst, eager to grow and develop, to join our team and support strategic budget planning and financial stewardship through budget monitoring, commitment tracking, recurring funding administration, and financial analysis. This individual will be responsible for monitoring and analyzing budget activity, processing and tracking commitments and recurring allocations, preparing budget reports and projections, supporting forecasting and scenario planning, and partnering with stakeholders to ensure sound budget administration and informed decision-making.

Budget Administration & Planning Support

• Serve as a key member of the budget team supporting the development, implementation, and maintenance of the College's annual operating budget.
• Support the administration and monitoring of budget activity, recurring funding allocations, commitments, and transactions to ensure accurate financial stewardship and timely decision-making.
• Prepare and maintain budget tracking tools, reconciliations, forecasts, and analyses to support annual planning, recurring budget cycles, and resource allocation decisions.
• Monitor recurring budget formulas, annual allocations, and funding distributions; process adjustments and ensure accurate application across units.
• Process budget transfers, funding reallocations, and related transactions in accordance with College and University policies.
• Compile and communicate budget information, allocations, and funding activity to support planning, projections, year-end activities, and recurring reporting.
• Identify opportunities to improve budget processes, workflows, tracking tools, and operational efficiency.

Budget Monitoring, Reporting & Analysis

• Monitor, reconcile, and analyze budget and accounting activity, comparing actual results to budgets, forecasts, and historical trends to identify variances, discrepancies, and emerging issues.
• Prepare recurring and ad hoc financial analyses, reports, dashboards, and supporting materials for operational and strategic decision-making.
• Maintain accurate records of budget balances, recurring funding, commitments, transfers, and related financial activity.
• Query University and College systems to retrieve, analyze, reconcile, and validate financial and budget data for reporting and analysis.
• Identify discrepancies, funding concerns, or emerging risks and elevate issues and recommendations as appropriate.
• Support forecasting and scenario analysis by identifying trends and assisting with modeling, projections, and budget planning activities.

Commitments & Funding Administration

• Review faculty offer letters and other funding commitments to evaluate budget implications, funding requirements, and timing considerations.
• Administer and track financial commitments, including faculty start-up, salary support, recurring funding, and other College, Provost, or unit commitments; coordinate transfers, monitor
• balances, and maintain documentation.
• Maintain commitment tracking records to monitor funding utilization, balances, and status updates.
• Coordinate with College and University stakeholders to administer commitment-related funding, transfers, and recurring allocations.
• Process and communicate annual formula funding and other recurring or non-base allocations to College units.
• Monitor commitment utilization and identify funding concerns, unused balances, or potential overages requiring follow-up.

Budget Systems, Controls & Operations

• Support the development and improvement of budget tracking tools, databases, reporting solutions, and operational processes.
• Maintain data integrity through reconciliations, quality assurance reviews, and routine monitoring.
• Conduct reviews of financial and budget activity to support compliance with University and College policies, internal controls, and responsible stewardship of resources.
• Document budget processes, assumptions, procedures, and workflows to support continuity and consistency.
• Provide…