Budget & Financial Analyst II - Budget & Financial Planning

at  Texas Womans University

JOB SUMMARY

This position’s primary area of responsibility is budget analysis, forecasting, and variance explanation related to TWU financial activity Position will be responsible for monitoring budget to actual variances on a regular and on-going basis, fielding budget and financial questions, and assisting departments with budget-related needs including training. The ability to interpret statutes and organizational policies in order to provide guidance related to campus expenditures is an expectation for this position. Work is performed under general supervision and performance evaluation is based upon completion of assignments and results obtained. The performance evaluation is conducted through the performance evaluation system and in accordance with the University Policies & Procedures.

EDUCATION

Bachelor’s degree in Business Administration or related area required. Emphasis in accounting and/or finance is preferred.

EXPERIENCE

Four years of related job experience required. Experience working in a college or university environment preferred.

SAFETY

TWU promotes a safe working environment. Employees are responsible for completing assigned tasks safely and efficiently, and supervisors are responsible for creating and maintaining a safe work environment. Employees must report any unsafe work conditions or practices, as well as any near-miss incidents, to their supervisor and Risk Management. Supervisors and employees should ensure that injury/accident reports are submitted to the Office of Human Resources and Risk Management within 24 hours of the incident.
The job description does not constitute an employment agreement between the employer and employee and is subject to change by the employer as the needs of the employer and requirements of the job change.

ESSENTIAL DUTIES - May include, but not limited to the following:

• Conducts budgetary and financial analyses, forecasts, and projections to identify gaps, trends, and need for short- and long-term adjustments.
• Prepares professional and timely financial reports to assist management with planning and decision-making.
• Monitors and analyzes departmental operating accounts. Assists departments to address budget overages and process budget transfers as needed.
• Answers budget and finance questions related to campus expenditures as required.
• Assists Budget Analyst III with position control review and tracking. Prepares budget transfers for vacancy savings and assignment changes.
• Runs daily payroll processing reports and follows-up as required.
• Prepares, analyzes, and develops variance explanations related to campus expenditures on a regular and on-going basis.
• Provides training in areas related to budget processes in Oracle Cloud.
• Coordinates with the Director of Budget and/or the AVP in the development, and implementation, of documented processes for the review, and identification, of significant variances in actuals to budget on a periodic basis.
• Assists in annual budget preparation as needed