Budget Analyst III, Academic Budgets

Wake Forest University•Winston-Salem, NC

1d•Onsite

About The Position

Monitors, performs research, and analyzes accounting allocation and spending data to determine financial resources required to develop and maintain budgets for academic units. Measures actual performance against budget. Prepares forecasting reports and trend analysis. Develops recommendations for budget allocations that conform with budgetary policies and limits, utilizing financial modeling and data analytics tools. This position is not eligible for sponsorship of non-immigrant or immigrant visa status through Wake Forest University. All eligible applicants are encouraged to apply.

Requirements

Bachelor’s degree in a related field.
A minimum of five years of experience related to budget and financial support.
Financial Planning & Analysis (FP&A).
Experience at a proficient level with budgeting and forecasting software.
Ability to handle sensitive information in a confidential manner.
Excellent interpersonal, communication, and time management skills.
Ability to organize workflow and coordinate activities.
Ability to maintain effective customer relations.

Nice To Haves

Experience in higher education budget and financial planning.

Responsibilities

Enrollment planning and reporting (e.g. leadership Dashboard).
Collaborate with schools, Global Affairs, and Institutional Research on common enrollment dataset to support university-wide planning.
Work with the Associate/Vice Provosts and Associate Deans as they create joint academic programs to ensure tuition and fee revenue and budget impact are clear and that University administrative policies are understood and supported.
Work with the Academic Deans, Athletics, and University Advancement as the University expands our presence in Charlotte. This includes developing and tracking budget needs related to academic programs.
Primary point of contact for Adaptive for the academic business managers and lead for all academic-related enhancements and future development of capabilities.
Tuition and fee planning in collaboration with academic units, including tuition and fee peer benchmarking and preparation of tuition and fee recommendations to Leadership.
Primary point of contact for Research Funding financial matters (grants, indirect funds, etc.).
Collaborates with Central Finance, the Office of Research and Sponsored Programs, and the Vice Provost for Research & Scholarly inquiry to provide up-to-date information on all federal and state policies impacting research funding and post-award reporting.
Measures the academic monthly budget vs actual analysis.
Manage Central tuition tax assessments for graduate and professional schools.
Manage school reserves, including verification of calculations, compliance with policy (e.g. expenditure review), and monitoring long-term plans for use of reserves.
Support new budget model FY27 bridge plan, and full implementation in FY28, including serving on the Budget Model Working Group.
Review academic Senior Business Administrators (SBA) job descriptions for consistency and alignment with Deans and Finance & Administration expectations.
All other duties as assigned.