Finance Budget Analyst

University of Colorado•Colorado Springs, CO

11d•$67,950 - $91,054•Hybrid

About The Position

This Finance Budget Analyst position in the University of Colorado School of Medicine Dean’s Office oversees 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 complex data analytics, responsible for 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 collaborating with all Department & Center Directors of Finance and Administration to build all-funds cross-divisional financial statements and financial strategic plans.

Requirements

A bachelor’s degree in business, business administration, finance, accounting, healthcare administration, public administration, or a directly related field from an accredited institution.
A combination of education and closely related technical/professional experience may be substituted for the bachelor’s degree on a year-for-year basis.
A minimum of three (3) years of experience in data analytics, with a proven track record of extracting, cleaning, analyzing, interpreting, and visualizing data to support informed decision-making.
Applicants must meet minimum qualifications at the time of hire.
Applicants must be legally authorized to work in the United States without requiring sponsorship. We are unable to provide work visa sponsorship and employment authorization for this position now or in the future.
Knowledge of database structures and dashboard tools, with the ability to use business data to inform decisions.
Strong skills in database management and Excel, with the ability to learn and apply additional analytics tools as needed.
Advanced Excel skills, including the ability to build financial models and perform analyses using lookup and conditional functions.
Background knowledge in statistics, data analysis, and business forecasting.
Advanced proficiency with data visualization tools (e.g., Power BI, Tableau).
Ability to interpret and transform raw data into meaningful insights that support business performance.
Ability to develop all‑fund budgets and contribute strategically to improving budgeting processes.
Extensive knowledge of budgeting, finance, and accounting practices within a higher‑education environment.
Ability to prepare, simplify, and present complex budget models.
Ability to translate business objectives into financial planning documents and communicate financial concepts to both financial and non-financial audiences.
Skill in technical writing, including drafting queries, reports, and data presentations.
Knowledge of University and CU Medicine financial systems such as PeopleSoft Finance, AX, and M‑Fin reporting.
Ability to serve as a knowledgeable resource to colleagues on a wide range of financial matters.
Ability to establish and maintain effective working relationships with employees at all levels of the institution.
Strong customer service skills.
Analytical skills and judgment to address significant issues and resolve complex problems.
Ability to effectively participate in, lead, or manage collaborative working groups.

Nice To Haves

Four (4) or more years of experience in a financial role within a university or health care institution.
Experience working in a higher education setting, preferably in a health science center.
Experience using business intelligence reporting tools.
Experience with data visualization tools, data mining, and data warehousing.

Responsibilities

Provide guidance and serve as a dedicated subject matter expert on all Dean funding support. This includes Departments, Dean’s Office initiatives, and strategic investments within the School of Medicine.
Design, implement, and improve analytics systems, dashboards, and reporting tools to support strategic planning and operational excellence.
Guide the collection, integration, and analysis of complex datasets to identify trends, forecast needs, and inform executive decision-making.
Present data-driven recommendations and alternatives to senior leadership, translating complex analytics into actionable business strategies.
Prepare forecasts and financial models to predict future funding requirements, departmental needs, and potential changes in revenue.
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.
Monitor to ensure the accuracy of fiscal staff, project end dates, and project deficit resolution.
Collaborate with cross-functional teams—including finance, HR, operations, IT, and other Dean’s Office units—to understand business requirements and ensure analytics reporting and solutions align with organizational needs.
Work with the BI/Development team and School of Medicine-IT to enhance database capabilities, automate reporting, and ensure data security and compliance.
Create and enhance key dashboarding, projections & financial reporting.
Manage the School of Medicine’s long-term financial commitments by monitoring current and projected obligations against available assets, revenue forecasts, and financial models.
Ensure that expenditures are within budget. Provide support for budget allocations and modifications throughout the year. Work with administrators on deficit resolution
Manage commitment investment funding process collaboration and administration, including account code Set-up; Funding Source; Activity Code; budget-only account codes; Multi-year budget allocation
Monitor and triage School of Medicine Business Affairs and Finance email boxes and work with the School of Medicine Dean's Office finance team to facilitate the needs of School of Medicine Departments, Centers, Divisions, and programs.
Developing, providing strategic recommendations, and directing the implementation of fund flows, allowing for commitment investment tracking and optimized department reporting, ensuring compliance with policies and regulations.
Ensure the proper allocation of investment fund dollars in alignment with strategic goals, funding sources, and funding agreements. Manage new requests, investments, and reinvestments of committed funding in alignment with strategic goals.
Partner with key stakeholders as it relates to the Dean’s Initiatives (process standardization, communications, reporting, decisions.
Serve as the primary person for answering commitment investment funding questions and structure setup.
Train and educate faculty and staff on budget procedures, financial reporting, and financial best practices.
Partner, collaborate, and provide 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.