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Budget Analyst

Posting Details

Job Posting Information

Job Posting Number

S602

Position Title

Budget Analyst

Class Title

Staff

Regular or Contingent II

Contingent II (more than 6 mos)

Desired Start Date

FLSA

Exempt

Salary Range

$65,000 - $75,000

Open Date

02/22/2024

Close Date

03/14/2024

Open Until Filled

No

Duties and Responsibilities

To support the Title III Grant Program Administration office in the following:
Grant Fund Management:
· Administer and oversee the entire lifecycle of grant funds, from initial allocation to closeout.
· Maintain a deep understanding of grant agreements, terms, and guidelines to ensure compliance.
· Develop grant budgets.
· Monitor and report on grant fund utilization and progress to ensure compliance and on-time delivery of outcomes.
· Identify, track, and report on any budget variances and propose corrective actions as needed.
Financial Analysis and Reporting:
· Prepare detailed financial reports and analyses of grant funds, including forecasts, expenditure tracking, and performance metrics.
· Provide timely and accurate financial information to support decision-making by senior management.
· Conduct regular reviews and assessments of financial data, identifying trends and areas for improvement.
Draw Down Funds:
· Execute the timely drawdown of grant funds, ensuring adherence to grantor guidelines and deadlines.
· Maintain accurate records of fund drawdowns, receipts, and expenditures.
· Collaborate with finance and accounting teams to reconcile accounts and ensure funds are properly accounted for.
Budget Development:
· Collaborate with program managers and department heads to develop annual budgets.
· Monitor budget performance against organizational goals and grant commitments.
· Make recommendations for budget adjustments or reallocations as necessary.
Compliance and Regulations:
· Stay informed about grant regulations and compliance requirements.
· Ensure that all grant-funded activities align with regulatory guidelines and audit readiness.

Minimum Qualifications

Education

Bachelor’s degree in Finance, Accounting, Business Administration, or a related field.

Experience

Minimum of one (1) year professional experience in budget analysis, financial management, grant fund administration, or a related field. Strong understanding of grant regulations and compliance. Proficiency in financial software, budgeting tools, and Microsoft Excel. Prior experience with grant management software preferred.

Knowledge Skills and Abilities

Strong interpersonal skills and working knowledge of Microsoft Office, especially Excel and Word, for grant and report writing, database management, and analysis. Ability to work independently and prioritize multiple tasks with attention to detail; General knowledge of general accounting principles; Ability to effectively communicate; knowledge of federal regulations, guidelines, and practices. Ability to independently execute responsibilities. Ability to interface professionally with a variety of internal and external stakeholders. Excellent analytical and problem-solving skills. Strong communication and interpersonal abilities. Detail-oriented, with a commitment to accuracy. Ability to work effectively both independently and in a team.

Conditions of Employment

This is a grant-funded position.

Please be advised, COVID -19 vaccinations are encouraged but not required for faculty and staff to be employed at Bowie State University. This protocol is subject to change.

Other

A Non-Union position.

Bowie State University offers an excellent benefits package! This includes tuition remission including eligible dependents; choice of medical/vision plans, Carefirst BC/BS, United Health Care and Kaiser plans, dental, prescription, and life insurance, training and development, EAP ; and as eligible generous leave package including sick/bereavement, annual, personal; and winter and spring breaks.

Posting Detail Information

Special Instructions to Applicant

Quick Link for Internal Postings

https://bowiestate.peopleadmin.com/postings/3595

Supplemental Questions

Required fields are indicated with an asterisk (*).

  1. Do you have a bachelor's degree?
    • Yes
    • No
  2. Do you have a minimum of one (1) year of professional experience in budget analysis, financial management, grant fund administration, or a related field.
    • Yes
    • No
Applicant Documents
Required Documents
  1. Resume
  2. Cover Letter/Letter of Application
Optional Documents

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