Job DescriptionBoston University seeks a highly skilled and collaborative Senior Budget Analyst to support the University's central Office of Budget & Planning. Reporting directly to the Director, Budget and Planning, this position is responsible for preparing and tracking unit and/or department budgets, running analyses, and creating reports based on these budgets and analyzing data They will prepare, collect, and interpret financial data to develop financial analyses, projections, short and long-term financial plans, and other reports. This role requires excellent time management skills to thrive under tight deadlines and rapidly evolving priorities.
Major duties of this position include:
- Compiles and reviews budgets for corporate or organizational units using actual performance, previous budget figures, estimated revenue, expense reports and other data sources to control funds and provide for proper financial administration.
- Prepares financial plans, monitors the implementation of financial policies, prepares complex reports, maintains historical records, analyzes trends, and establishes forecasts.
- Recommends and interprets a wide range of budgetary policies and procedures.
- Maintains and analyzes records of actual costs against budgeted funds and determines rationale for variances between costs and budget.
- May assist in training entry-level employees.
- Collaborate with colleagues in Budget & Planning, Financial Affairs, and other key stakeholders across the university to conduct scenario and sensitivity planning in support of strategic decision-making under varying market and operational conditions.
Pay Range:
- Salary Grade 48 Minimum $61,200, Midpoint $82,700, Maximum $104,100
- Note: Salary is based on related experience, expertise, available budget, and internal equity; new hires can expect an initial annual salary which is between the minimum and midpoint of the range above ($70,000 - $85,000)
- Boston University supports a flexible work environment for authorized staff members.
This position is eligible for a hybrid work arrangement (i.e. remote work up to three (3) days per week), after completion of a successful observation period.
Required SkillsRequired Skills:
- Bachelor's degree in Finance, Accounting, Economics, or related field required.
- 3-5 years of work experience, preferably in a university environment.
- Deep understanding of GAAP and other regulatory standards required for the higher education industry.
- Experience creating comprehensive board-level presentations and reporting packages (PowerPoint proficiency required).
- Strong analytical skills with the ability to run, interpret, and summarize complex data sets utilizing BI tools (Tableau, Power BI, Excel advanced skills) is required.
- Exceptional organizational and time management skills to manage competing priorities and tight deadlines.
- Ability to work collaboratively and influence across functions without direct authority.
- Ability to multi-task and prioritize routine tasks and ad-hoc requests.
Preferred Skills:
- Advanced degree (MBA, CPA) preferred Familiarity with SAP.
Benefits/Other Information:
- Boston University's generous benefits package includes health, dental, life insurance, and paid time off as well as potential remote working arrangements!
- Full-time employees are also eligible for tuition remission for courses at Boston University.
- Note: the remission benefit extends to dependents as well. For more details on benefits, please refer to the Boston University benefits page at https://www.bu.edu/hr/employee-resources/benefits/.
The department of Financial Affairs at Boston University values intellectual, cultural, and social diversity among its staff and students. We remain steadfast in our dedication to building a team that is inclusive and equitable and a place where all constituents can thrive. For all positions, we are looking for individuals who enjoy working with colleagues in a collaborative environment and who are flexible and creative.
We strongly encourage applications from women and under-represented groups who share our interest in serving a university community with diverse needs, backgrounds, ethnicities, and abilities. Interested applicants are asked to upload a resume, list of references (if available), and submit a cover letter addressed to 'Hiring Manager - Senior Budget Analyst' position.
