Department Planning, Budget & Analysis
Category Financial Services and Procurement
Job Type Full-Time

Overview

Princeton University’s Office of Finance and Treasury seeks an experienced financial analyst for the role of Budget Analyst. The Budget Analyst is part of a collaborative team that supports Princeton’s allocation, monitoring, and reporting of University resources in an environment of constantly evolving teaching and research efforts and a diversifying student population. The incumbent helps the University Office of Planning, Budget, and Analysis compile, analyze, and monitor its $3.2B annual operating budget. Work includes preparation of financial analyses used by the Provost’s Office, Priorities Committee, Office of the Executive Vice President, various Finance and Treasury offices, Trustees, academic and administrative departments, and other parties in the operating budget and planning process.

Responsibilities

• Serves as primary central budget contact for various administrative and/or academic departments across the University.
• Ensures accurate updates to budgets in EPM, the Oracle cloud service used for operating budget planning at Princeton.
• Monitors budgets and actuals in EPM, PeopleSoft financials, and Information Warehouse.
• Prepares and maintains authorized staffing FTE reports for the administrative units. Maintains year-to-year tracking of new positions added, reconfigured, transferred to/from other departments, etc.
• Prepares journal entries where needed to make funding allocations or move expenses.
• Prepares budget vs. actual variance analyses. Investigates anomalies and unexplained variances, whether in budget or actuals. Monitors term funding arrangements.
• Works with administrative and academic departments, especially during fiscal year-end close, to resolve deficits, recode activity, and respond to other issues needed to ensure proper recording of operating budget activity.
• Produces budget, actual, and forecast/projection reports, analyses, charts, and cross-tabulations on a recurring or ad hoc basis, as required, using Excel, EPM, Cognos Information Warehouse tools, and other software, as needed. Provides clear, accurate, and concise explanations of changes in budgets and actuals.
• Assists in team projects, multi-department reviews, and other initiatives as assigned.
• Provides guidance to other departments regarding budget and planning procedures and best practices.

Qualifications

Essential Qualifications:

• Bachelor's degree or 4 to 6 years of relevant work experience in institutional or corporate budget and other financial analysis
• High-intermediate to advanced Excel, including work with large data sets, tables, sources; and use of data-checking and -matching techniques
• Familiarity with other Microsoft Office applications, enterprise resource planning software, and database query and reporting packages
• Demonstrated experience handling sensitive and confidential information with a high level of discretion
• Excellent writing and other communication skills, ability to convey complex and potentially confusing information in a straightforward and professional manner

Preferred Qualifications:

• Experience with EPM, Hyperion, and other institutional budget and planning systems
• Use of PeopleSoft Financials
• Familiarity with data/information warehouses and BI tools such as Cognos, Crystal Reports, or Business Objects
• Strong financial presentational skills, primarily using robust PowerPoint slide decks
• Previous work in higher education financial planning and analysis, especially at an institution with a wide array of funding sources

Princeton University is an Equal Opportunity and all qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity or expression, national origin, disability status, protected veteran status, or any other characteristic protected by law.

The University considers factors such as (but not limited to) scope and responsibilities of the position, candidate's qualifications, work experience, education/training, key skills, market, collective bargaining agreements as applicable, and organizational considerations when extending an offer. The posted salary range represents the University's good faith and reasonable estimate for a full-time position; salaries for part-time positions are pro-rated accordingly.

If the salary range on the posted position shows an hourly rate, this is the baseline; the actual hourly rate may be higher, depending on the position and factors listed above.

The University also offers a comprehensive benefit program to eligible employees. Please see this link for more information.

Standard Weekly Hours
36.25

Eligible for Overtime
No

Benefits Eligible
Yes

Probationary Period
180 days

Essential Services Personnel (see policy for detail)
No

Physical Capacity Exam Required
No

Valid Drivers License Required
No

Experience Level
Mid-Senior Level

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Salary Range
$105,000 to $117,000