Analyst, Budget at The University of Chicago in Chicago, IL

Job description

Department BSD FIN - Financial Planning & Analysis - Budget Team A About the Department The University of Chicago biomedical enterprise houses three entities: the Biological Sciences Division (BSD), the University of Chicago Medicine (UCM), and the Pritzker School of Medicine. Collectively called UCM, we are one of the nation's leading academic medical institutions and have been at the forefront of discovery, education, and clinical care since 1927. Located 20 minutes south of downtown Chicago, our Hyde Park main campus provides a single environment for learning, world-renowned basic science and clinical research, and outstanding clinical care. The BSD is the largest academic unit within the University. The BSD is comprised of faculty from ten basic science departments, 13 clinical departments, and several Centers and Institutes. The approximately 1,300 faculty and 3,000 staff members working in the BSD collaborate across the organization to achieve our Mission, Vision, and Values (MVV): MISSION: As part of the University of Chicago, we pursue globally impactful solutions to seemingly unsolvable challenges. Through our rigorous research, innovative education, and comprehensive care and healing, we collaborate on life-changing advancements that create meaningful results for our community and the world, including a greater, more equitable future for all. VISION: Together, we elevate the human experience with knowledge and health care. VALUES: • Commit to Excellence: We contribute our exceptional talents to all we do and empower the same spirit of excellence in others. • Embrace Curiosity: We stay open to new ideas, champion diverse perspectives, and drive a culture of thoughtful risk-taking to deliver transformative innovation. • Embody Equity: We identify systemic issues and then foster change to drive a more equitable environment inclusive of diverse people, ideas, and fields of science. • Grow Together: We meaningfully collaborate with one another to create something bigger than we could ever achieve alone. • Make a Difference: We lead with heart and compassion in all our interactions. We create positive changes in our areas of influence, whether expanding scientific inquiry, developing the next generation of leaders, or healing our community. • Take Ownership: We accomplish what we say we will and hold ourselves and one another accountable for our actions. The MVV serves as our True North, charting our strategic plan for the next ten years and beyond. It is an exciting time to be a part of the University of Chicago and the BSD. Our team is helping to shape the future for our learners, staff, faculty, patients, and community. Job Summary This position is a member of the BSD Budget team within the Financial Planning & Analysis group. With oversight, performs work that contributes to development of long- and short-term financial goals, business strategies/plans, financial models for initiatives, budget development and monitoring, and internal reporting. Utilizes moderate knowledge of finance to help coordinate quarterly and year-end reporting for operating budget. Performs data entry for ensuring dedicated funds for faculty are correct and ready to be utilized. Responsibilities Performs responsibilities across several areas of focus including but not limited to designated funds, budgets, quarterly reports, and monthly forecasts, surveys, data integrity, and role assignment management. Analyzes budget estimates and proposals for completeness, accuracy, and conformance with established procedures, regulations, and organizational objectives. Understands key assumptions and issues. Consolidates individual budgets into operating and capital budget summaries which argue for or against funding requests. Submits budget summaries to management. Monitors budget variances by reviewing reports and accounting records to determine if allocated funds have been spent and identify underlying business drivers and potential problems. Assists mana