New York University Abu Dhabi (NYUAD) seeks to appoint a Budget Analyst reporting to Director, Budgeting, Financial Planning and Analysis.
Under the general direction of the Director Budget & Planning, the Budget Analyst is responsible to perform a number of highly technical functions including budget development, advanced fiscal analysis, statistical data compilation, financial modeling and report development, revenue and expenditure projections, benchmarking and budget status analysis at institutional, department or individual program levels.
Budget Analyst will be responsible (but not limited) to provide support in the preparation and development of campus wide capital and life cycle budgets; will be responsible for monitoring, reporting and analysis of budget and financial information; ensure proper management and policy compliance of budgeted funds; that budget reporting requirements and timelines are met; provide daily support to department financial managers on a variety of budget and financial related issues. In addition, the budget analyst will be assigned to manage operational Divisions’ budgets within NYUAD as assigned by the Director of Budgeting and planning.
A key focus of this role will be to manage budgeting for campus capital projects funded from all sources including campus operating and capital funds. The position will develop and maintain routine management level and executive level reports on project budgets, expenditures and project progress and will work closely with campus Facilities Management, the campus Controller's Office, etc. to ensure accurate and timely capital project set-up and reporting and other assigned Divisions.
Key Responsibilities:
Yearly Budgeting and long-range Financial Planning
Prepare the yearly budget templates and populate them with historical data to send to the budget owners. Propose the budget calendar dates and follow up on completing and finalizing the filled templates. Manage the negotiation and review for the budget proposals
Manage the set-up of all capital projects in the general ledger and system. Collect data and perform research on details of capital budget transactions. Capture, Track and report projects revenue and expenses. Determine appropriate procedures for budget and accounting record preparation. Oversee, reconcile and resolve problems relative to complicated capital and project accounts. Run and analyze moderately complex financial reports, often from multiple systems and prepare basic management information reports. Coordinate with Facilities Management to ensure timely processing of reimbursements to campus for delegated projects
Participates and supports annual budget process, budget development for the other areas of NYUAD budget, support the budget consolidation process and budget monitoring. Carries out special studies of budget as assigned and evaluates performance; provides information for accounting and statistical reports at various fund group or revenue levels for Local, State and Federal funds on a regular basis
Analysis, Projections, Reporting and Operations
Performs and compiles complex financial and budget analysis, modeling and projections using a variety of tools and methodologies. Develop projections and models for short- and long-range planning. Develops methods and systems to streamline budget and reporting processes. Supports the budget office through data extraction, data compilation, report development; budget and financial analysis. Prepare ad hoc reports requested; interpret, prepare, analyze and synthesize data and information from the budget database, data warehouse and other financial sources. Synthesize complex analytical information and data, display data in spreadsheet applications utilizing graphs and charts to reflect trends. Prepare supporting documents and perform analytical studies to describe and evaluate trends for Director
Collaborate with the campus Controller's Office in the development and maintenance of the chart of accounts for all activities Identify and resolve incorrect entries, data anomalies and exceptions; assist in the review of project expenditures and the reconciliation and preparation of schedules for annual financial statements and related footnotes. Manage the preparation and analysis of month-end, quarterly and annual financial results. Analyze and interpret income and expenditure patterns at various levels of detail
Stakeholder Management
Manage communication and information gathering across a key group of internal stakeholders to ensure that variances against budgets (both revenue and expense) are investigated and fully explained. Any risks or issues identified should be communicated back into the Budget Office
Support the university senior leadership and relevant internal departments in financial modelling and reporting related to key strategic decisions
Meet regularly with individual Department heads and key budget links to discuss budget development, projections, in year variances and identify risks/issues ahead of time
Team Support
Provide daily support to department managers on chart fields, account charges a variety of budget and financial related issues
Participate as member of budget project teams with relation to budget and financial projects: information system chart of accounts, system upgrades and implementations as well as in campus business process development and documentation
Required Education:
Bachelor's degree in Business Administration, Public Administration or Accounting
Preferred Education:
Advanced degree
Required Experience:
A minimum of five years of experience directly related to higher education/ corporate budget/fiscal development with applied advanced fiscal analysis and analytical techniques, and execution at university/company-wide level or in a large and complex program area OR Seven years of experience directly related to complex accounting, budgeting auditing in higher education or in relevant corporate environment. Experience with enterprise wide systems such as Hyperion, Oracle, PeopleSoft or other budget and financial information systems
Five years of experience with budget processes, budget development in a large and complex program area
Demonstrated skill in advanced fiscal analysis, revenue and expenditure projections, development of what if scenarios and sophisticated data modeling. Demonstrated high level of technical skills with computer based systems, data compilation, and development of complex Access databases and strong knowledge of enterprise financial systems. Driven by project timelines; ability to set priorities and to work comfortably in a fast-paced, fluid, deadline driven environment while providing accurate information
Ability to work independently, with stated objectives and only general guidance and oversight
Excellent oral presentation, written communication and organizational skills
Other Information
About NYUAD
NYU Abu Dhabi is a degree-granting research university with a fully integrated liberal arts and science undergraduate program in the Arts, Sciences, Social Sciences, Humanities, and Engineering. NYU Abu Dhabi, NYU New York, and NYU Shanghai, form the backbone of NYU’s global network university, an interconnected network of portal campuses and academic centers across six continents that enable seamless international mobility of students and faculty in their pursuit of academic and scholarly activity. This global university represents a transformative shift in higher education, one in which the intellectual and creative endeavors of academia are shaped and examined through an international and multicultural perspective. As a major intellectual hub at the crossroads of the Arab world, NYUAD serves as a center for scholarly thought, advanced research, knowledge creation, and sharing, through its academic, research, and creative activities.
