The University of Maryland, Baltimore (UMB), Department of Medicine - Division of Finance & Payroll is currently recruiting for a full-time Financial & Budget Analyst . This position will report to the Associate Director, Clinical Revenue Budget Reporting. The position will be primarily responsible for departmental budgets and projections. P&L analysis along with variance analysis skills are essential for the position. Reconciliation of reports will be required.
UMB offers a generous benefits package, which includes 22 vacation days, 14 floating and holidays, 15 sick days; comprehensive health insurance and retirement options; and tuition remission for employees and their dependents at any of the University System of Maryland schools.
UMB requires all faculty, staff, and students to be vaccinated against COVID-19. Exemptions for medical or religious reasons will be processed through Human Resources.
Assist in the preparation of the Department of Medicine all funds budget including assisting division administrators with budget functions.
Assist with the compilation of department projections and analysis of financial variances.
Analysis of PSC funds including monitoring of expenditures.
Maintain financial and budget spreadsheets in order to analyze financial data and prepare accurate and timely financial reports.
Download, compile, and categorize financial data from various systems and entities.
Prepare and distribute accurate, concise, well-organized, and timely financial reports, presentations, and financial information which may include financial charts, forecasting, and/or budget vs. actual variance analysis.
Work within deadlines to analyze and provide basic financial and budget forecasts for areas such as revenue, salaries, fringe benefits, and operating expenses.
Assist with reviewing and analyzing all the University assigned financial accounts and expenditures to identify patterns, trends, and anomalies in order to make accurate year-end revenue, expense, and surplus/deficit projections.
Maintain and monitor budget archives and financial data files that can be quickly accessed and manipulated to generate the needed financial information and reporting.
Assist with preparing responses for various internal and external agencies.
Keep management informed of work progress and process improvement.
Communicate with schools and administrative units to understand their financial activity, request data or additional information about a particular issue, discuss anomalies or discrepancies as they are observed, and assist them with the preparation of various internal and external financial data request.
Adhere to established University policies, processes, and procedures.
Performs other duties as assigned.
Education: Bachelor's degree in Finance, Accounting, Economics, Business Administration, or business related field. Masters preferred.
Experience: Three (3) years of experience in financial analysis, management accounting, budgeting, auditing, data management, or data analysis with one (1) year of experience in financial analysis, management accounting, budgeting, or auditing.
Certification/Licensure: Certified Public Accountant (CPA), Certified Management Accountant (CMA), Certified Financial Manager (CFM), or Certified Internal Auditor (CIA) preferred.
Other: Related experience may be substituted for education.
Prior experience with research or sponsored programs in an educational environment is preferred.
Knowledge, Skills, Abilities:
Knowledge of position requirements. Knowledge of all applicable requirements, regulations, and laws. Skill in effective use of applicable technology/systems. Ability to effectively communicate both verbal and written thoughts, ideas, and facts. Ability to work cooperatively with others and independently. Ability to demonstrate, understand, apply, and adhere to the UMB Core Values of Respect and Integrity, Well-being and Sustainability, Equity and Justice, and Innovation and Discovery.
Hiring Range: Commensurate with education and experience
UMB is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected Veteran status, age, or any other characteristic protected by law or policy. For assistance related to employment, please contact the Staffing department at HRJobs@umaryland.edu .
If you anticipate needing a reasonable accommodation for a disability under the Americans With Disabilities Act (ADA), during any part of the employment process, please submit a UMB Job Applicant Accommodation Request. You may also contact HRDiversity@umaryland.edu . Please note that only inquiries concerning an ADA request for reasonable accommodation will be responded to from this email address.
Job: Reg or CII Exempt Staff - E1252E
Employee Class : Exempt Regular
Full Time/Part Time: Full-Time
Shift: Day Job
Financial Disclosure: No
Organization: School of Medicine - Department of Medicine
The University of Maryland, Baltimore (UMB) is the State's public health, law and human services university devoted to excellence in professional and graduate education, research, patient care, and public service. As a diverse community of outstanding faculty, staff and students, and using state-of-the-art technological support, we educate leaders in health care delivery, biomedical science, global health, social work and the law. We emphasize interdisciplinary education and research in an atmosphere that explicitly values civility, diversity, collaboration, teamwork and accountability. By conducting internationally recognized research to cure disease and to improve the health, social functioning and just treatment of the people we serve, we foster economic development in the City, State, and nation. We are committed to ensuring that the knowledge we generate provides maximum benefit to society and directly enhances our various communities.