What are the responsibilities and job description for the Capital Analyst position at State of Illinois?
Agency: Illinois Board of Higher Education
Closing Date/Time: 10/03/2024
Salary: Anticipated starting annual salary $65,000 - $75,000
Category: Full Time
County: Sangamon; Adams; Alexander; Bond; Boone; Brown; Bureau; Calhoun; Carroll; Cass; Champaign; Christian; Clark; Clay; Clinton; Coles; Cook; Crawford; Cumberland; DeKalb; DeWitt; Douglas; DuPage; Edgar; Edwards; Effingham; Fayette; Ford; Franklin; Fulton; Gallatin; Greene; Grundy; Hamilton; Hancock; Hardin; Henderson; Henry; Iroquois; Jackson; Jasper; Jefferson; Jersey; Jo Daviess; Johnson ; Kane; Kankakee; Kendall; Knox; LaSalle; Lake; Lawrence; Lee; Livingston; Logan; Macon; Macoupin; Madison; Marion; Marshall; Mason; Massac; McDonough; McHenry; McLean; Menard; Mercer; Monroe; Montgomery; Morgan; Moultrie; Ogle; Peoria; Perry; Piatt; Pike; Pope; Pulaski; Putnam; Randolph; Richland; Rock Island; Saline; Schuyler; Scott; Shelby; St. Clair; Stark; Stephenson; Tazewell; Union; Vermilion; Wabash; Warren; Washington; Wayne; White; Whiteside; Will; Williamson; Winnebago; Woodford
Number of Vacancies: 1
****A RESUME AND COVER LETTER ARE REQUIRED FOR THIS JOB POSTING****
Please attach a DETAILED Resume/Curriculum Vitae (CV), a cover letter, a copy of your transcripts or diploma for all degrees earned, and a copy of any applicable professional licensures to the MY DOCUMENTS section of your application. Please note that the Illinois Board of Higher Education must verify proof of higher education for any degree earned (if applicable) before any offer can be extended. You WILL NOT be considered for the position if you attach a CMS100, CMS100b or any other document in lieu of a Resume or CV.
About IBHE
IBHE has been supporting higher education in Illinois for more than 50 years. We are a dedicated team of professionals, overseen by a Board appointed by the Governor, who are working for a strong, equitable higher education system, which we believe is essential for the state to thrive. We work with leaders in colleges, universities, state and federal government agencies, governors, legislators, and other entities to strategically further this mission.
In its strategic plan, A Thriving Illinois: Higher Education Paths to Equity, Sustainability, and Growth, IBHE has identified three goals and 25 strategies to help achieve its vision of a higher education ecosystem that ensures individuals, families, and communities across the state thrive.
- Equity - Close equity gaps for students who have been left behind.
- Sustainability - Build a stronger financial future for individuals and institutions.
- Growth - Increase talent and innovation that drives economic growth.
About the position:
The Illinois Board of Higher Education (IBHE) is seeking a Capital Analyst, reporting to the Director of Fiscal Planning & Analysis.
This is a covered position under the State Universities Civil Service System.
This position provides fiscal oversight and analysis in support of the state’s higher education capital program including developing, analyzing, and monitoring capital budgets in alignment with state priorities, tracking project status; serves as the IBHE’s primary liaison for all capital matters
Duties and Responsibilities:
45% Serves as the IBHE’s lead analyst on the higher education capital budget
- Collaborates with institutions to understand facility master plans, capital and deferred maintenance needs, project progress, maintains current list of institutional priorities
- Understands and uses campus facility master plans to inform budget recommendations
- Develops and implements a methodology for prioritizing higher education capital project budget requests across institutions
- Oversees the development of the IBHE’s annual capital budget recommendations and preparation of Board budget materials
- Leads the university non-instructional capital request process and three-year capital plan
40% Maintains and tracks capital project status, coordinating across state agencies and institutions.
- Remains in close contact with institutions on project status, priorities, and pressures; facilitates problem resolution
- Serves as primary liaison with the Capital Development Board, the Governor’s Office of Management and Budget, and institutional contacts for all capital matters
10% Provides analysis, reporting, and fiscal impact of the state’s higher education capital program
- Coordinates and collaborates with other Agency staff on special fiscal analysis
5% Other duties as assigned within scope of position
Education and Experience:
- Any one or combination totaling four (4) years (48 months) from the categories below:
- college coursework comparable to that in a field related to financial analysis/planning such as accounting, business administration, economics, finance, statistics, or a closely related field
- 30 semester hours equals one (1) year (12 months)
- Associate Degree (60 semester hours) equals eighteen (18) months
- 90-semester hours equals two (2) years (24 months)
- Bachelor’s Degree (120 semester hours) equals three (3) years (36 months)
- Master’s Degree equals four (4) years (48 months)
- work experience in developing financial or economic analyses, research designs, strategic plans, or data models.
- One (1) year (12 months) of professional level progressively responsible financial work experience.
Skills:
Required:
- Strong project management and time management skills
- Proficient in Microsoft products including Microsoft Excel
- Knowledge and experience in preparation and analysis of financial reports
- Knowledge of federal, state and university finances preferred
- Skill in written, oral, and interpersonal communication
- Ability to prioritize tasks and functions
- Ability to work independently to accomplish goals
- Ability to design and implement solutions to complex problems
Preferred:
- Knowledge of public higher education
- Knowledge of public budgeting process
- Experience with fiscal analysis and planning
Organizational Relationship:
Position reports to: Director of Fiscal Planning & Analysis
There are no direct reports to this position.
Work Hours: 8:00am - 4:00pm Mon-Fri
Work Location: 1 N Old State Capitol Plz Springfield, IL 62701-1323*
- IBHE offers remote and hybrid work arrangements, based on position and supervisor discretion (IL residency is required)
Agency Contact: IBHE Human Resources
Email: humanresources@ibhe.org
Phone #:(217) 782-2551
Posting Group: Fiscal, Finance & Procurement
The main form of communication will be through email. Please check your “junk mail”, “spam”, or “other” folder for communication(s) regarding any submitted application(s). You may receive emails from the following addresses:
- donotreply@SIL-P1.ns2cloud.com
- systems@SIL-P1.ns2cloud.com
Salary : $65,000 - $75,000
