Budget and Financial Analyst; U

Budget and Financial Analyst (7709U) – 64058

Apply for the Budget and Financial Analyst (7709U) – 64058 role at Inside Higher Ed
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At the University of California, Berkeley, we are committed to creating a community that fosters equity of experience and opportunity, and ensures that students, faculty, and staff of all backgrounds feel safe, welcome and included. Our culture of openness, freedom, and belonging makes it a special place for students, faculty, and staff.

Berkeley is one of the world’s leading institutions of higher education, distinguished by internationally recognized academic and research excellence, a transformative opportunity to a large and diverse student body, a public mission and commitment to equity and social justice, and roots in the California experience, animated by such values as innovation, questioning the status quo, and respect for the environment and nature.

The Department of History is a top academic program nationally and globally, enrolling over 8,000 students with 150 courses each year. It has 50 tenure‑track faculty, 30 emeriti, and 12 career staff. Annual hires include visiting instructors, scholars, and staff employees.

The Department of History’s large faculty population, individualized graduate student funding models, and funding streams from multiple sources result in a large volume of financial transactions, a complex organization budget, and high‑level analysis. This role involves developing, interpreting, and implementing financial concepts for financial planning, resource planning, and budget control.

First Review Date: 02/06/2024.

• Construct and assemble data for budgeting and decision making; develop conclusions and present high‑level summary of recommendations.
• Create and analyze monthly and ad‑hoc budget and financial reports, track expenses, and provide cost projections and analysis.
• Provide research and reporting for various internal department constituents.
• Perform reconciliation functions for non‑contract and grant funds.
• Oversee and maintain all department funds, resolve deficits, and manage correction of chartstring and allocation errors.
• Manage records and process financial transactions related to faculty hiring and retention.
• Manage unit budgets, student awards, gift and endowment funds.
• Oversee Procurement Card program.
• Maintain department commitment tracking in L&S commitments database.
• Maintain compliance with SAS 115 requirements, completing and documenting required reviews for assigned department IDs on a monthly basis.

• Independently gather information, analyze, develop, prepare, forecast, and summarize future revenue, expenses, and financial trends.
• Generate analyses for complex summaries and proposals relative to a diverse range of topics, including new financial procedures.
• Analyze and forecast staff/faculty salary budgets and future commitments, gifts, endowments, and other revenue sources.
• Participate in the annual Cal Planning budget and forecast process and quarterly forecast updates.
• Coordinate with colleagues, the Dean’s office, and the Campus Budget Office to enter data, run reports, and meet deadlines related to the forecast and budget processes.

• Implement department budget allocations in coordination with the Director of Administration and Department Chair.
• Maintain department chart of accounts and related business processes.
• Ensure appropriate internal controls to protect University resources and comply with legal regulations.
• Coordinate department‑wide monthly reconciliation and sign off on financial controls.
• Ensure fiscal close goals are met.
• Prepare, review, and approve various financial transactions such as financial journals, Bear Buy requisitions, blucard transactions, UCPath templates, IST requests, and more.

• Manage oversight of graduate student funding budget in collaboration with Directors of Administration and Student Services.
• Oversee temporary academic staffing (TAS) management and reconciliation.

• Act as liaison with campus units on issues…