This Finance Budget Analyst position in the University of Colorado School of Medicine Dean’s Office oversees the management, allocation, and financial analysis of a substantial ~$900M in funding allocated to departments, centers, and faculty across the School of Medicine.
This position requires a highly organized, detail-oriented, and analytical individual capable of complex data analytics, responsible for large-scale budgets, forecasting, and providing strategic financial recommendations to ensure effective and efficient use of resources.
This position also collaborates with the University of Colorado Central Services (Finance, Central Budget Planning and Campus Strategy, Foundation, Office of Grants and Contracts), CU Medicine Finance, as well as collaborating with all Department & Center Directors of Finance and Administration to build all-funds cross-divisional financial statements and financial strategic plans.
Key Responsibilities:
Data Analytics & Projections (40%)
Provide guidance and serve as a dedicated subject matter expert on all Dean funding support. This includes Departments, Dean’s Office initiatives, and strategic investments within the School of Medicine.
Design, implement, and improve analytics systems, dashboards, and reporting tools to support strategic planning and operational excellence.
Guide the collection, integration, and analysis of complex datasets to identify trends, forecast needs, and inform executive decision-making.
Present data-driven recommendations and alternatives to senior leadership, translating complex analytics into actionable business strategies.
Prepare forecasts and financial models to predict future funding requirements, departmental needs, and potential changes in revenue.
Oversee the development, implementation, and monitoring of annual and multi-year budgets across various departments, centers, and faculty.
Work with units to identify funding needs, set budgets, and adjust projections as necessary.
Monitor and analyze variances between actual spending and budgeted amounts, identifying potential issues and recommending corrective actions.
Monitor to ensure the accuracy of fiscal staff, project end dates, and project deficit resolution.
Database Alignment (20%)
Collaborate with cross-functional teams—including finance, HR, operations, IT, and other Dean’s Office units—to understand business requirements and ensure analytics reporting and solutions align with organizational needs.
Work with the BI/Development team and School of Medicine-IT to enhance database capabilities, automate reporting, and ensure data security and compliance.
Create and enhance key dashboarding, projections & financial reporting.
Financial Operations (20%)
Manage the School of Medicine’s long-term financial commitments by monitoring current and projected obligations against available assets, revenue forecasts, and financial models.
Ensure that expenditures are within budget. Provide support for budget allocations and modifications throughout the year. Work with administrators on deficit resolution
Manage commitment investment funding process collaboration and administration, including account code Set-up; Funding Source; Activity Code; budget-only account codes; Multi-year budget allocation
Monitor and triage School of Medicine Business Affairs and Finance email boxes and work with the School of Medicine Dean's Office finance team to facilitate the needs of School of Medicine Departments, Centers, Divisions, and programs.
Operational Strategy (10%)
Developing, providing strategic recommendations, and directing the implementation of fund flows, allowing for commitment investment tracking and optimized department reporting, ensuring compliance with policies and regulations.
Ensure the proper allocation of investment fund dollars in alignment with strategic goals, funding sources, and funding agreements. Manage new requests, investments, and reinvestments of committed funding in alignment with strategic goals.
Partner with key stakeholders as it relates to the Dean’s Initiatives (process standardization, communications, reporting, decisions.
Customer Service (10%)
Serve as the primary person for answering commitment investment funding questions and structure setup.
Train and educate faculty and staff on budget procedures, financial reporting, and financial best practices.
Partner, collaborate, and provide direction to internal and external stakeholders and partners on financial management, administration, and operations.
Recommend and implement improvements to financial processes, tools, and systems to increase efficiency, accuracy, and transparency.
