Job Details

University of Colorado Anschutz Medical Campus

Commitments Budget Analyst
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Position Number: 5971122
Location: Aurora, CO
Position Type: Business - Finance

Commitments Budget Analyst

Commitments Budget Analyst - 36055 University Staff Description

University of Colorado Anschutz Medical Campus

Department: School of Medicine, Office of the Dean

Job Title: Commitments Budget Analyst

Position #: 00831665 - Requisition #:36055

Job Summary:

Nature of Work:

The University of Colorado School of Medicine, Dean's Office Commitments Budget Analyst is responsible for the management, allocation, and financial analysis of a substantial ~$900M in funding allocated to departments, centers, and faculty across the School of Medicine.

This position requires a highly organized, detail-oriented, and analytical individual capable of responsible large-scale budgets, forecasting, and providing strategic financial recommendations to ensure effective and efficient use of resources.

This position also collaborates with the University of Colorado Central Services (Finance, Central Budget Planning, and Campus Strategy, Foundation, Office of Grants and Contracts), CU Medicine Finance as well as with the all Department & Center Directors of Finance and Administration to build all-funds cross-divisional financial statements and financial strategic plans.

Supervision Received:

This position will report to the FP&A Program Manager. This position will dotted line report to the Finance Program Director. This position will work, deliver, and enhance all items related to the Commitments Program at the direction of the Finance Program Director.

Supervision Provided:

This position will not oversee staff.

Key Responsibilities:

Financial Operations

Provide financial reports, summaries, and presentations to leadership, faculty, and other stakeholders to support decision-making processes.
Provide guidance and serve as a dedicated resource on all Dean commitment support. This includes Departments, Dean's Office initiatives, and strategic investments within the School of Medicine.
Provide support for budget allocations and modifications throughout the year.
Managing commitment model for the School of Medicine. This includes tracking all active commitments, planned commitments, pending commitments against current assets, and planned income models.
- Monthly Analysis, Executive Reporting, Ad-hoc Reporting and Analysis
Ensure that expenditures are within budget.
Working with administrators on deficit resolution.
Commitment to Architecture Collaboration and Administration, including
- Speedtype Set-up; Funding Source; Activity Code; Budget Only Speedtypes; Multi-year budget allocation
Drafting MOUs for new funding Dean Commitments/Support in partnership with Department & Center Financial Leadership.
Monitor and triage SOM Business Affairs AEFDEF and Finance email boxes and work with SOM Dean's Office finance team to facilitate the needs of SOM Departments, Centers, Divisions, and programs.

Operational Strategy

Developing, providing strategic recommendations, and directing the implementation of funds flows, allowing for commitment tracking and optimized department reporting, ensuring compliance with policies and regulations.
Ensure the proper allocation of commitment dollars in alignment with strategic goals, funding sources, and funding agreements.
New Requests / New Investments / Reinvestments.
Process standardization.
Establish New MOUs.
Communications with key stakeholders
Partner with University of Colorado School of Medicine Departments & Centers.
Partner with key stakeholders as it relates to the Dean's Initiatives (processes, communications, reporting, decisions).

Analytics & Projections

Oversee the development, implementation, and monitoring of annual and multi-year budgets across various departments, centers, and faculty.
Work with units to identify funding needs, set budgets, and adjust projections as necessary.
Monitor and analyze variances between actual spending and budgeted amounts, identifying potential issues and recommending corrective actions.
Prepare forecasts and financial models to predict future funding requirements, departmental needs, and potential changes in revenue.
Analyze trends in funding sources (e.g. recommend adjustments to ensure financial stability.
Monitoring to ensure the accuracy of fiscal staff, project end dates, and project deficit resolution.

Database Partnership

Partnering with CU SOM IT BI & Development Team to develop future database enhancements.
Create and enhance key dashboarding, projections & financial reporting.

Customer Service

Primary person for answering Commitment questions' structure set up.
Train and educate faculty and staff on budget procedures, financial reporting, and financial best practices.
Partnering, collaborating, and providing direction to internal and external stakeholders and partners on financial management, administration, and operations.
Recommend and implement improvements to financial processes, tools, and systems to increase efficiency, accuracy, and transparency.

Work Location:

Hybrid - this role is eligible for a hybrid schedule of 4 days per week on campus and as needed for in-person meetings.

Why Join Us:

The University of Colorado Anschutz Medical Campus is a public education, clinical and research facility serving 4,500 students, and a world-class medical destination at the forefront of life-changing science, medicine, and healthcare. CU Anschutz offers more than 42 highly rated degree programs through 6 schools and colleges and receives over $500 million in research awards each year. We are the single largest health professions education provider in Colorado, awarding nearly 1,450 degrees annually. Powered by our award-winning faculty, renowned researchers, and a reputation for academic excellence, the CU Anschutz Medical Campus drives innovation from the classroom to the laboratory to the delivery of unparalleled patient care. Read CU Anschutz Quick Facts here.

Why work for the University?

We have AMAZING benefits and offer exceptional amounts of holiday, vacation, and sick leave! The University of Colorado offers an excellent benefits package including:

Medical: Multiple plan options
Dental: Multiple plan options
Additional Insurance: Disability, Life, Vision
Retirement 401(a) Plan: Employer contributes 10% of your gross pay
Paid Time Off: Accruals over the year
Vacation Days: 22/year (maximum accrual 352 hours)
Sick Days: 15/year (unlimited maximum accrual)
Holiday Days: 10/year
Tuition Benefit: Employees have access to this benefit on all CU campuses
ECO Pass: Reduced rate RTD Bus and light rail service

There are many additional perks & programs with the CU Advantage.

Diversity and Equity:

The University of Colorado Anschutz Medical Campus is committed to recruiting and supporting a diverse student body, faculty, and administrative staff. The university strives to promote a culture of inclusiveness, respect, communication, and understanding. We encourage applications from women, ethnically minoritized individuals, persons with disabilities, persons within the LGBTQ+ community, and all veterans. In addition, the Anschutz Campus has also been recognized as an Age-Friendly University. The University of Colorado is committed to diversity and equality in education and employment.

Qualifications:

Minimum Qualifications:

A bachelor's degree in business, business administration, finance, accounting, healthcare administration, public administration, or a directly related field from an accredited institution.
- Substitution: A combination of education and closely related technical/professional experience may be substituted for the bachelor's degree on a year-for-year basis.
Three (3) or more years of experience in a finance-related role.*
Experience working with databases and dashboards using all relevant business data to inform decisions.*
A minimum of 2 years of experience in data analytics, with a proven ability to mine, evaluate, and visualize data.*
Experience with technical writing, including queries, reports, and data presentations.*
The position requires experience in the development of all-funds budgets and strategic contributions to enhancing budgeting processes.*

*Experience may be obtained simultaneously.

Applicants must meet minimum qualifications at the time of hire.

Preferred Qualifications:

Four (4) or more years of experience in a financial role within a university or healthcare institution.
Extensive experience with University and CU Medicine financial systems such as PeopleSoft Finance, AX, M-fin reporting.
Experience working in a higher education setting, preferably in a health science center.
Experience using business intelligence reporting tools.
Experience serving as a resource for others in a variety of financial matters.
Strong background in statistics, data analysis, and business forecasting.

Knowledge, Skills, Abilities:

Outstanding customer service skills.
Ability to prepare, simplify, and present complex budget models
Key attributes for this individual include Collaboration, curiosity, commitment, consistency, confidence, courage, and compassion.
Advanced proficiency with data visualization tools, data mining, and data warehousing (e.g., PowerBI, Tableau, etc.).
Ability to establish and maintain effective working relationships with employees at all levels throughout the institution.
Demonstrated commitment and leadership ability to advance diversity and inclusion.
Extensive knowledge and expertise in budgeting, financing, and accounting within a higher education setting.
Analytical abilities and skills to address significant issues and demonstrate judgment to resolve complex problems.
Strong proficiency in database management and Excel, with the ability to learn and use additional analytics tools as needed.
Exceptional Excel skills and experience creating financial models and analysis, with demonstrable fluency in lookup and conditional functions.
Ability to interpret and transform raw data into meaningful insights that drive business performance.
Ability to translate business objectives into financial planning documents and to present business concepts to both financial and non-financial professionals and staff.
Ability to effectively join, lead, or manage collaborative working groups.

How to Apply:

For full consideration, please submit the following document(s):

1. A letter of interest describing relevant job experiences as they relate to listed job qualifications and interest in the position

2. Curriculum vitae / Resume

3. Three to five professional references, including name, address, phone number (mobile number if appropriate), and email address

Questions should be directed to: Dawn Riedmann (dawn.riedmann@cuanschutz.edu)

Screening of Applications Begins:

Immediately and continues until the position is filled. For best consideration, apply within two (2) weeks of the posting date.

Anticipated Pay Range:

The starting salary range (or hiring range) for this position has been established as $64,337 to $86,000.

The above salary range (or hiring range) represents the University's good faith and reasonable estimate of the range of possible compensation at the time of posting. This position may be eligible for overtime compensation, depending on the level.

Your total compensation goes beyond the number on your paycheck. The University of Colorado provides generous leave, health plans, and retirement contributions that add to your bottom line.

Total Compensation Calculator: http://www.cu.edu/node/153125

ADA Statement:

The University will provide reasonable accommodations to applicants with disabilities throughout the employment application process. To request an accommodation pursuant to the Americans with Disabilities Act, please contact the Human Resources ADA Coordinator at hr.adacoordinator@cuanschutz.edu.

Background Check Statement:

The University of Colorado Anschutz Medical Campus is dedicated to ensuring a safe and secure environment for our faculty, staff, students, and visitors. To assist in achieving that goal, we conduct background investigations for all prospective employees.

Vaccination Statement:

CU Anschutz strongly encourages vaccination against the COVID-19 virus and other vaccine-preventable diseases. If you work, visit, or volunteer in healthcare facilities or clinics operated by our affiliated hospital or clinical partners or by CU Anschutz, you will be required to comply with the vaccination and medical surveillance policies of the facilities or clinics where you work, visit, or volunteer, respectively. In addition, if you work in certain research areas or perform certain safety-sensitive job duties, you must enroll in the occupational health medical surveillance program.
Application Materials Required: Cover Letter, Resume/CV, List of References Job Category
: Finance and Accounting Primary Location
: Hybrid Department: U0001 -- Anschutz Med Campus or Denver - 20029 - SOM-DEAN DO ADMINISTRATION Schedule
: Full-time Posting Date
: Jan 30, 2025 Unposting Date
: Ongoing Posting Contact Name: Dawn Riedmann Posting Contact Email: dawn.riedmann@cuanschutz.edu Position Number: 00831665

To apply, visit https://cu.taleo.net/careersection/2/jobdetail.ftl?job=36055&lang=en