What are the responsibilities and job description for the Budget Analyst II position at WCM-Q?

Position Summary

Under direction, manages budgetary and financial reporting activities

Job Responsibilities

Develops the annual operating budget and associated policies and guidelines. Gathers industry or peer data for comparison and best practices.
Responsible for the administration of departmental budget(s) and the implementation of budgets into the enterprise resource financial system.
Prepares and distributes allocations and associated schedules to calculate funding sources for allocations. Updates and maintains changes to allocations as needed. Maintains budget databases and models used for allocations and trending analysis.
Prepares preliminary budget forecasts.
Assists in the development and execution of budgeting modules / templates. Identifies and recommends improvements to previous versions of budgeting modules and participates in training sessions surrounding the use and features of the modules.
Works with grants and clinical trials administrators to confirm funding and expenditures.
Provides guidance on budget policies to ensure adherence to institutional policies and standards.
Develops and maintains budget vs. actual reports. Analyzes variances to identify and assist in rectifying any budget discrepancies. Escalates any unresolved issues.
Monitors and performs funding and revenue / expense transfer transactions as needed.
Prepares report of faculty earning $500,000 or more in total compensation. Calculates faculty compensation payout to determine supplemental accruals.

Education

Bachelor's Degree in Finance, Accounting, Economics, or Business Administration.

Experience

Approximately 3 years of finance related experience, preferably within an academic medical center

Knowledge, Skills and Abilities

Fund accounting knowledge is highly desired.

Experience with database software or an enterprise resource planning system, SAP preferably, is highly desired.

Advanced proficiency in Microsoft Excel, including complex formulas, pivot tables, and data analysis.

Strong analytical and problem-solving skills

Attention to detail and accuracy in numerical work.

Ability to manage multiple projects and meet deadlines.

Excellent communication skills, both written and verbal.

Licenses and Certifications

Working Conditions / Physical Demands

Standard office work; Position may require the need to work overtime to meet deadlines

Salary : $96,300 - $107,300

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Budget Analyst II