RPM Budget Analyst Senior

Responsibilities

• 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 endowment support, forecasting, and related analyses as assigned.
• Other Duties
  • Perform additional duties, analyses, and special projects as assigned.
  • Stay informed of developments in budget administration, financial planning, and analysis, incorporating new methodologies and technologies, including AI, to enhance financial processes, reporting, and outcomes.

• Educational Background
  • A bachelor's degree in finance, accounting, business administration, or a related field is required.
  • A Master's degree in Finance, Business Administration, or a related field is required.
  • Experience working in a complex, decentralized organization, preferably within higher education.
  • Demonstrated interest in professional growth and development into increasing levels of responsibility in budget…