The Senior Budget Analyst, reporting to the Director of Finance, is responsible for oversight and management of all non-sponsored gift, discretionary, and endowed accounts balances, preforming reviews of monthly account balances to proactively identify issues and provide resolution. Monitors spending patterns to minimize account deficits and ensure compliance with JHU and applicable agency regulations and restrictions. The Senior Budget Analyst performs comprehensive financial analysis to monitor and improve overall Center and Institute financial effectiveness. Provides support to departmental staff on matters comprehensive unit budgets including reconciliations, adjustments and other accounting functions. The position assists in quarterly budget projections and variance justifications of assigned revenue and expense elements of the budget. Builds financial models as needed to support various aspects of the budget to include future year programing and specific enrollment variances.
Specific duties & responsibilities:
Financial Management – 60%
Reviews and oversees all non-sponsored accounts including gift, discretionary, endowment, and internally funded general fund and faculty research accounts. Monitors monthly balances to identify and communicate important budgetary issues such as potential over expenditures, revenue adjustments, opportunities for cost savings and unplanned expense tracking.
Manages all gift and endowment funds to ensure spending adheres to donor intent and is utilized in a timely fashion.
Establishes system to monitor financial performance/solvency of Centers and Institutes, providing comprehensive financial analyses with quarterly reviews to minimize potential for structural deficits.
Monitors controlled salary accounts to identify required adjustments to minimize salary overpayments.
Ensures compliance with divisional policies and the policies of the University in regards to proper use of funds.
Assists with review and approval of travel & business expense reimbursements, shopping carts/purchase orders, check requests and on-line payments, as well as non-employee travel reimbursements.
Serves as liaison between Business Office and department managers.
Prepares and posts journal entries as necessary to ensure the proper use of resources.
Performs monthly high level analysis of overall program and department financial performance, supporting stakeholders in the generation of ad hoc SAP/Business Analysis reports, orients and trains staff on all financial matters, policies and interpretation of procedures.
Leads year-end fiscal year close process by reviewing all active non-sponsored accounts and performing required reconciliation actions.
Budget Administration – 30%
Participates in the development of annual budget submission by analyzing budget patterns and historical trends, providing expenditures and revenue projections for assigned line items.
Builds financial models as needed to support various aspects of the budget to include future year programing and specific enrollment variances.
Manages annual department level general fund budget requests, monitoring quarterly performance to budget and provide variance explanations as required.
Other Duties as Assigned – 10%
Assists as needed in approval of monthly procurement card transactions to ensure all charges have been reviewed before monthly deadline.
Serves as point of contact for questions regarding use of gift and discretionary funds and overall compliance to SAIS/JHU policies and procedures.
Minimum qualifications (mandatory):
Bachelor’s Degree required.
Three years of experience in finance or accounting, preferably in higher education.
Proficient in Microsoft Office (Word, Excel, PowerPoint, Outlook)
Additional education may substitute for required experience and additional related experience may substitute for required education, to the extent permitted by the JHU equivalency formula.
JHU Equivalency Formula:18 graduate degree credits may substitute for one year of experience. For jobs where equivalency is permitted, up to two years of non-related college course work may be applied towards the total minimum education/experience required for the respective job.
Master’s Degree preferred
SAP financial systems experience
Special knowledge, skills, and abilities:
Superior analytical skills
Detail-oriented, well-organized, and possess ability to handle multiple projects simultaneously and to exercise sound judgment
Ability to work independently
Excellent customer service skills
Excellent oral and written communication skills
Ability to concisely present summary of work to senior leaders
Internal Number: 32956-en_US
About Johns Hopkins University
Johns Hopkins University remains committed to its founding principle, that education for all students should be grounded in exploration and discovery. Hopkins students are challenged not just to learn but also to advance learning itself. Critical thinking, problem solving, creativity, and entrepreneurship are all encouraged and nourished in this unique educational environment. After more than 130 years, Johns Hopkins remains a world leader in both teaching and research. Faculty members and their research colleagues at the university's Applied Physics Laboratory have each year since 1979 won Johns Hopkins more federal research and development funding than any other university. The university has nine academic divisions and campuses throughout the Baltimore-Washington area. The Krieger School of Arts and Sciences, the Whiting School of Engineering, the School of Education and the Carey Business School are based at the Homewood campus in northern Baltimore. The schools of Medicine, Public Health, and Nursing share a campus in east Baltimore with The Johns Hopkins Hospital. The Peabody Institute, a leading professional school of music, is located on Mount Vernon Place in downtown Bal...timore. The Paul H. Nitze School of Advanced International Studies is located in Washington's Dupont Circle area.