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Senior Budget Analyst (VPUR)

Job Description Summary

Organization's Summary Statement:
The Senior Budget Analyst will play a crucial role in supporting the financial planning and budgeting activities of the University of Maryland College Park Foundation (UMCPF) and the Division of University Relations (VPUR).

This position is responsible for fiscal planning, development, implementation, reporting and monitoring of UMCPF and VPUR capital and operating budgets. This position will work closely with the Director, Budgets & Financial Systems to perform complex data analysis and interpretation to monitor financial performance; develop and maintain forecasts and projections using statistical analyses; and prepare various ad hoc queries and reports related to budget and financial planning which are used by all levels of management for decision making and monitoring of institutional performance.

Physical Demands:
Normal office environment with extensive computer use. Must be able to clearly read computer screen for extended periods and maintain significant fine finger dexterity for keyboarding. Occasional lifting, carrying, pushing, and/or pulling common office items such as supplies, files and documented materials. Ability to travel to/from campus for meetings.

Licenses/ Certifications: N/A

Minimum Qualifications

Education: Bachelor’s degree from an accredited college or university. Experience: Five (5) years of professional budget, finance, or accounting experience. Other: Additional work experience as defined above may be substituted on a year for year basis for up to four (4) years of the required education. Knowledge of accounting systems, financial reporting, and budget preparation and analysis. Skill in oral and written communication. Skill in the use of Microsoft Office products. Ability to multi-task and prioritize assignments. Ability to acquire, apply and expand knowledge of the University’s policies.

Additional Job Details

Preferences:
-Ability to develop successful working relationships with various stakeholders.
-Experience developing and implementing budgets in a complex organization.
-Strong computer proficiency using MS Office with an emphasis in Excel (i.e. Pivot Tables, Vlookups, Formula/Function usage, etc.), including spreadsheet creation and report production.
-Self-motivated and detail oriented with the ability to perform duties under limited supervision.
-Demonstrated organizational, analytical and problem solving abilities with strong mathematical skills and strong attention to detail.
-Demonstrated ability to work in a team environment, share information, and work collaboratively.
-Ability to work diplomatically and successfully manage interpersonal relationships.
-Ability to take initiative, analyze problems, prepare and articulate solutions.
-Dedication to providing excellent service to internal and external customers.
-Strong ethical standards and a commitment to maintaining confidentiality.
-Strong financial background to develop in-depth data analysis.
-Strong writing skills are required to aid in development of budget reports, provide justification, analysis and descriptions of budget requirements.  Strong written and oral communications skills are important for UMCP Foundation and University Relations budget communications. 
-Strong interpersonal relationships for collaborative teamwork for internal office, Colleges/Schools business offices, and institutional budget offices. 
-Working knowledge of financial and personnel systems as well as Microsoft Office Suite and Workday financials.
- Familiarity with UMD systems (such as Workday, PHR, BA4) 

Required Application Materials: Resume and Cover Letter

 

Best Consideration Date: May 2, 2025

 

Posting Close Date: NA

 

Open Until Filled: Yes

 

Job Risks

Not Applicable to This Position

Financial Disclosure Required

For more information on Financial Disclosure, please visit Maryland's State Ethics Commission website.

Department

VPUR-Financial Management

Worker Sub-Type

Staff Regular

Salary Range

$88,240-$100,000

Benefits Summary

For more information on Regular Exempt benefits, select this link.

Background Checks

Offers of employment are contingent on completion of a background check. Information reported by the background check will not automatically disqualify anyone from employment. Before any adverse decision, the finalist will have an opportunity to provide information to the University regarding disclosable background check information. The University reserves the right to rescind the offer of employment or otherwise decline or terminate employment if the information reported by the background check is deemed incompatible with the position, regardless of when the background check is completed.

Employment Eligibility

The successful candidate must complete employment eligibility verification (on Form I-9) by presenting documents that establish identity and work authorization within the timeframe required by federal immigration law, and where applicable, to demonstrate renewed employment authorization.  Failure to complete employment eligibility verification or reverification within the timeframe set forth by law may result in suspension or termination of employment.

EEO Statement

The University of Maryland, College Park is an Equal Opportunity Employer. All qualified applicants will receive equal consideration for employment. Please read the University’s Equal Employment Opportunity Statement of Policy.

Resources

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Average salary estimate

$94120 / YEARLY (est.)
min
max
$88240K
$100000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Senior Budget Analyst (VPUR), UMD

Are you ready to take the next step in your career? The University of Maryland College Park is looking for a passionate Senior Budget Analyst to join the VPUR team! In this pivotal role, you will dive deep into financial planning and budgeting, contributing significantly to the University of Maryland College Park Foundation. Your analytical skills will shine as you help develop, implement, and monitor both capital and operating budgets for VPUR, ensuring that every dollar is put to good use. Collaborating closely with the Director of Budgets & Financial Systems, you will conduct complex data analyses, craft forecasts, and prepare detailed reports that inform critical decision-making across all management levels. The work environment is tailored for those who thrive on meticulous details and enjoy a mix of independent and team-oriented tasks. Your day-to-day will be filled with computer work, requiring you to maintain focus for extended periods while engaging with spreadsheets and budget reports in Microsoft Office, with a special emphasis on Excel. With a base salary range between $88,240 and $100,000, plus benefits, this position offers a wonderful opportunity to grow your career while supporting the innovative mission of the University. If you're self-motivated, detail-oriented, and eager to contribute to a collaborative environment, we would love to hear from you! Join us in shaping the future of financial planning at one of the nation’s leading institutions.

Frequently Asked Questions (FAQs) for Senior Budget Analyst (VPUR) Role at UMD
What are the responsibilities of a Senior Budget Analyst at the University of Maryland College Park?

The Senior Budget Analyst at the University of Maryland College Park is responsible for overseeing fiscal planning, budget development, implementation, reporting, and monitoring for the University of Maryland College Park Foundation and the Division of University Relations. This includes performing complex data analyses to assess financial performance, maintaining forecasts, and preparing various ad hoc reports utilized by management for informed decision-making.

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What qualifications do I need to become a Senior Budget Analyst with the University of Maryland College Park?

To become a Senior Budget Analyst at the University of Maryland College Park, you will need a bachelor's degree from an accredited institution and at least five years of professional experience in budget, finance, or accounting. Strong analytical and problem-solving skills, proficiency in Microsoft Office (particularly Excel), and effective communication abilities are also crucial for this role.

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What does the work environment look like for the Senior Budget Analyst role at the University of Maryland College Park?

The work environment for the Senior Budget Analyst role at the University of Maryland College Park is a typical office setting where extensive computer use is common. The position involves prolonged periods of working at a computer, and occasional physical activities like lifting office supplies may be required. Overall, it is a professional atmosphere that encourages collaboration and innovation.

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Is there room for growth as a Senior Budget Analyst at the University of Maryland College Park?

Yes! The University of Maryland College Park is committed to the professional development of its staff. As a Senior Budget Analyst, you will not only refine your existing skills but also have opportunities to collaborate with various stakeholders, participate in budget implementations, and contribute to projects that can propel your career forward within the university.

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What benefits are offered for the Senior Budget Analyst position at the University of Maryland College Park?

The University of Maryland College Park offers a competitive salary range of $88,240 to $100,000 for the Senior Budget Analyst position, along with a comprehensive benefits package that includes health insurance, retirement plans, and professional development opportunities. Detailed benefits information can be found by visiting their official resources.

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Common Interview Questions for Senior Budget Analyst (VPUR)
Can you describe your experience with budget preparation and analysis?

When answering this question, provide specific examples from your past roles where you've successfully managed budget preparations. Highlight any particular methodologies you employed and the results of your analysis. Make sure to relate your experience to the responsibilities expected from a Senior Budget Analyst at the University of Maryland College Park.

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How do you approach complex data analysis and reporting?

Discuss your systematic approach to data analysis, including tools or software you utilize, and the steps you take from data collection to report generation. Mention your experience with Microsoft Excel and any relevant analytical techniques, which are essential for the Senior Budget Analyst role.

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How do you prioritize tasks when managing multiple budgets?

Explain your time management strategies and how you identify urgent versus important tasks. You can detail any project management tools you use and emphasize your ability to stay organized and adaptive in a fast-paced environment, aligning with the needs of the University of Maryland College Park.

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Describe a challenging budgeting scenario you encountered and how you resolved it.

Prepare an engaging story that highlights your problem-solving skills. Focus on the challenges faced, your analytical approach to identifying the core issues, and the steps you took to reach a suitable solution. This shows your ability to tackle difficulties head-on.

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What is your experience with financial software systems?

Detail your hands-on experience with financial software, emphasizing systems like Workday and others as mentioned in the job description. Discuss how you've used these tools to enhance the budgeting process and improve accuracy and efficiency.

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How do you ensure accuracy in your financial reports?

Discuss your methods for double-checking your work, such as peer reviews or reconciliation processes. Highlight examples where your attention to detail prevented errors in financial reporting, connecting your approach to the expectations at the University of Maryland College Park.

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How do you handle tight deadlines and high pressure?

Illustrate your stress management techniques, such as breaking tasks into manageable parts, seeking support from colleagues, and maintaining clear communication. Mention how you’ve successfully navigated tight deadlines in past experiences, which can resonate with the University of Maryland College Park’s dynamic environment.

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What strategies do you use to build relationships with stakeholders?

Explain your interpersonal skills and how you approach building rapport. Share specific experiences where your effective communication and teamwork fostered strong working relationships within a diverse organization, such as the University of Maryland College Park.

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Can you describe a time when you had to communicate complex financial information?

Share specific examples where you've translated complex data into easily understandable formats for stakeholders. Highlight your writing and oral communication skills, as these are crucial for a Senior Budget Analyst at the University of Maryland College Park.

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Why do you want to work as a Senior Budget Analyst at the University of Maryland College Park?

When answering this question, convey your enthusiasm for the mission of the University of Maryland College Park and how the Senior Budget Analyst role aligns perfectly with your career aspirations and skills. Show that you have researched the institution and are excited to contribute to its goals.

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EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
April 18, 2025

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