Financial and Budget Analyst

The University of Maryland School of Medicine has an exciting opening for a Financial and Budget Analyst to work in the Department of Psychiatry.

About Us The Department of Psychiatry has a tripartite mission of Clinical, Education and Research agendas, serving our surrounding community and the State of Maryland, and providing expertise at a national and international level. We are staffed with 85 full-time and 30 part-time faculty and provide a robust array of evidenced based services both locally at the University of Maryland Medical Center and remotely to the entire University of Maryland Medical System, which encompasses 13 hospitals.

The Department houses top tier competitively funded researchers, including those at the Maryland Psychiatric Research Center. With more than $43 million in federal grants and contracts, the Department is a leading clinical department within the University of Maryland School of Medicine.

Benefits Information UMB offers a comprehensive benefits package that prioritizes wellness, work/life balance, and professional development, along with additional exciting perks that employees can take advantage of. This position participates in a retirement program (pension or optional retirement plan/ORP) that must be selected and is effective on your date of hire. Exempt regular staff receive a generous PAID leave package that includes over 4 weeks of vacation accrued each year, 16 paid holidays, 3 personal leave, unlimited accrual of sick time, and comprehensive health insurance; professional learning and development programs; tuition remission for employees and their dependents at any University System of Maryland school; and flexible work schedules and teleworking options (if applicable per job).

UMB is a public university and constituent institution of the University System of Maryland. All employees are expected to work primarily physically within the State of Maryland.

Primary Duties

• Maintain financial and budget spreadsheets in order to analyze financial data and prepare accurate and timely financial reports for school or department administrators, state budget, and financial reporting.
• Download, compile, categorize, and manipulate the department or school financial data using quantitative models and formulas. Prepare and distribute accurate, concise, well-organized, and timely financial reports, presentations, and financial information which may include financial charts, forecasting, and/or budget vs. actual variance analysis.
• Work within deadlines to analyze and provide basic financial and budget forecasts for areas such as salaries, fringe benefits, indirect cost recoveries, state funds, revolving funds, grants and contracts, fund balances, and other areas as needed.
• Assist with reviewing and analyzing department or school assigned financial accounts and expenditures to identify patterns, trends, and anomalies in order to make accurate year-end revenue, expense, and surplus/deficit projections.
• Maintain and monitor budget archives and financial data files that can quickly be accessed and manipulated to generate the needed financial information and reporting.
• Assist with preparing responses for various internal and external agencies.
• Keep management informed of work progress and process improvements.
• Communicate with schools and administrative units to understand their financial activity, request data or additional information about a particular issue, discuss anomalies or discrepancies that are observed, and assist them with the preparation of various internal or external financial data requests.
• Document standard operating procedures (SOPs) for financial data workflows, dashboard maintenance, billing process and routines, auditing processes and other procedures involving financial and budgetary accounts as assigned.
• Participate in the design, development, and management of financial dashboards and reports created from multiple data sources to support decision making and planning at all levels of the University.
• Adhere to established University's policies, processes, and procedures.
• Performs other duties as assigned.

Education: Bachelor's degree in finance, Accounting, Economics, Business Administration, or business-related field. Master's degree preferred. Experience: Three (3) years of experience in financial analysis, management accounting, budgeting, auditing, data management, or data analysis with one (1) year of experience in financial analysis, management accounting, budgeting, auditing or assessment of internal controls. Prior experience with research and/or sponsored programs in an educational environment is preferred. Preferred Experience: Experience using data analysis to extract, convert, and transform data from enterprise applications and loading data into a data warehouse, and business intelligence tools for data modeling within the healthcare sector preferred. Certification/Licensure: Certified Public Accountant (CPA), Certified Management Accountant (CMA), Certified Financial Manager (CFM), or Certified Internal Auditor (CIA) preferred. Other: Except for qualifications established by law, additional related experience and formal education in which one has gained the knowledge, skills, and abilities required for full performance of the work of the job class may be substituted for the education or experience requirement on a year-for-year basis with 30 undergraduate college credits being equivalent to one year of related experience. In instances where specific education and/or experience is required only directly related education and/or experience may be substituted.

Hiring Range: $70,500 - $82,000, commensurate with education and experience.

UMB is committed to cultivating a diverse and inclusive workforce and is proud to be an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, age, ancestry or national origin, sex, pregnancy or related conditions, sexual orientation, gender identity or expression, genetic information, physical or mental disability, marital status, protected veteran's status, or any other legally protected classification.

If you anticipate needing a reasonable accommodation for a disability under the Americans With Disabilities Act (ADA), during any part of the employment process, please submit a UMB Job Applicant Accommodation Request. You may also contact leave_and_accom@umaryland.edu. Please note that only inquiries concerning an ADA request for reasonable accommodation will be responded to from this email address.

The University of Maryland, Baltimore prohibits sex discrimination in any education program or activity that it operates. Individuals may report concerns or questions to the Title IX Coordinator. Read the UMB Notice of Non-Discrimination for more information.