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Job Details
Budget Analyst
1939
08/30/2022
Staff
Budget - HBUD
Full-Time Staff
$59,804 - $74,755

The Budget Analyst provides assistance to the Budget and Financial Planning Director. The Budget Analyst, oversees a wide range of responsibilities from accounting support such as preparation of journal entries and account reconciliations to financial planning and analysis. This position assists with development of the annual college institutional budget, monitors actual vs budget results during the year and researches any variances, prepares financial projections, provides financial analyses to support decision making for future growth, development and maintenance of the college.

Anne Arundel Community College (AACC) is committed to enriching the educational experience it offers through the diversity of its faculty, administrators, and staff members. The college seeks to recruit and support a broadly diverse team who will contribute to the college's excellence, diversity of viewpoints and experiences, embrace concepts of equity and inclusiveness, and support the equal rights of all people by advancing the understanding and appreciation of differences including age, race, gender, ability, religious convictions, socio-economic status, ethnic heritage, or sexual orientation.

 

Budget Oversight

  • Review of budget requests for merit and authenticity with use of assessment data for decision making to support efficient and effective allocation of resources
  • Review and process budget transfers and prepare journal entries for reclassifications, allocations and corrections. Review and certify adjunct faculty contract award funding. Ensure accurate and proper recording of costs and activity.
  • Coordinate and provide integrated accounting system training sessions for college faculty and staff
  • Function as Business & Financial Resources office liaison with college-wide committees and on special projects as needed

Consultation and Analysis

  • Prepare a variety of high level budget related analyses and reports as needed, also review current business practices and recommend new reporting tools and/or procedures to monitor budgets and improve operational efficiency. Perform cost benefit analysis to compare programs, review financial requests and explore alternate financing methods
  • Assist individual departments with development and execution of operational budgets and provide budgetary support to academic chairs and department heads. Conduct regular managerial reviews with college budget managers. Identify and anticipate operational and system problems, recommend and implement solutions

Compliance and Reporting

  • Analyze, monitor budget to actual performance results on a regular basis to ensure compliance with policies and procedures and to determine whether changes to funding levels are needed for certain programs
  • Provide budget data, reports and funding scenarios as requested to assist users in decision making of prioritized allocation of limited resources in achieving outcomes
  • Prepare projections and estimate future financial needs. Report on the budgetary operations of the College, prepare monthly and quarterly revenue and expense forecasts for executive review

Strategy and Strategic Guidance

  • Develop, coordinate and manage the College’s annual operating, capital and other funds budget, from department submissions to the Board of Trustees and county council approval and final closing and reporting.
  • Prepare projections for potential new programming to provide fiscal analysis and data validation and analysis for decision making on resource impact
  • Develop business and program plan analysis requirements and conducts business and program plan studies

Other duties as assigned

Bachelor's degree or higher preferably in accounting or business

Minimum of two years of general accounting/budget experience

Thorough knowledge of Generally Accepted Accounting Principles and practical knowledge of financial systems and internal financial controls and procedures required.

Ability to work accurately with financial records with a minimum of supervision. Customer focus and strong analytical skills required. Ability to handle sensitive information with complete confidentiality.

Ability to work well in a fast paced environment with attention to detail and deadlines.

Technical competence with integrated database systems. Experience extracting and assimilating data from variance information management systems to prepare comprehensive data analysis

Excellent oral, written and interpersonal communication and customer service skills required. Ability to deal effectively and tactfully with a wide variety of constituents, including all levels of management, faculty, and the general public.

Ability to handle sensitive information with complete confidentiality.

Knowledge of governmental and not-for-profit accounting preferred

Master’s degree or CPA candidate preferred

Two years of experience in a position at or relevant to an environment of higher education

 

Additional Important Information Regarding This Position

This position is responsible for interacting with all levels of leadership within the college. Requests for information / reporting can come from many different individuals which are time sensitive.

Preparation of financial projections requires development of sound assumptions and analysis of the reasonableness of those assumptions.

Oversight and indirect management of a budget that exceeds $145 million

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Cover Letter, Resume/Curriculum Vitae
 
Anne Arundel Community College is an Equal Opportunity Employer. 
 
As a condition of employment and in connection with your employment application process, Anne Arundel Community College shall conduct a background check on all candidates selected for employment. The information contained in such background reports shall be used for job relevant employment purposes. All offers of employment are contingent upon the favorable results of a background check screening.
 
While we appreciate your interest in employment with Anne Arundel Community College, we regret that we are unable to sponsor employment Visas for job applicants at this time.
 
College Statement on Diversity
 
Anne Arundel Community College (AACC) has responded to the needs of a diverse community for more than 50 years by offering high quality, affordable and accessible learning opportunities. Established in 1961, AACC is a fully-accredited, public two-year institution that offers national and regional studies that can lead to a degree or certificate, industry credential, transfer to a four-year institution, or career enhancement, personal enrichment and lifelong learning. AACC is committed to supporting and sustaining a diverse and inclusive educational environment with learning as our central mission. Diversity is not merely a goal but a value that is embedded throughout the institution in multiple areas including (but not limited to): learning, teaching, student development, institutional functioning, and engagement in partnerships with the local and global community.
 
•AACC is an equal opportunity employer who values the power of diversity and the strength it brings to the workplace.