Note: The job is a remote job and is open to candidates in USA. The University of Texas at Austin is a university supported by Enterprise Technology in advancing its educational and research mission. The Senior Financial Analyst provides advanced financial analysis, budget planning, forecasting, reporting, and operational support, while advising leadership on financial performance and projections. The role also oversees service center and charge-back activities, including rate development, billing, monitoring, and reviews.
Responsibilities
- Coordinate and support ET’s annual budget process. Prepare and analyze operating budgets, forecasts, annual and multiyear financial planning scenarios. Evaluate budget trends, funding strategies, and financial performance; develop cost analyses and recommendations for services and initiatives
- Monitor and analyze balances, revenues, expenditures, encumbrances, commitments, and budget-to-actual results across funding sources. Prepare recurring and ad hoc reports, dashboards, projections, and executive summaries. Identify variances, risks, and trends; recommend corrective actions and support reconciliations and closeout activities
- Evaluate financial processes, reporting methods, and internal controls. Develop financial models, queries, reports, dashboards, procedures, and analytical tools. Use technology, automation, and AI appropriately while independently validating data, formulas, assumptions, and results. Document and recommend process improvements
- Administer ET service centers and charge-back activities. Process billing; review rate proposals and calculations; collaborate with service owners; coordinate central administrative review and approval; analyze revenue, expenses, utilization, and trends; identify financial issues; and recommend timely rate or operational changes to avoid deficits
- Interpret and apply applicable financial policies; monitor encumbrances and commitments; analyze position budgets, compensation commitments, and costing allocations; review Workday costing and related business processes; coordinate corrections, transfers, or funding adjustments; and maintain support for staffing and financial decisions
- Serve as a financial resource and collaborative partner to ET departments and service owners. Provide guidance and training on budgeting, forecasting, account management, service center requirements, financial policies, and transaction processes. Support special projects, leadership requests, and other related functions as assigned
Skills
- Bachelor's degree in finance, accounting, business administration, economics, or a related field and at least six years of progressively responsible experience in budgeting, accounting, financial planning, forecasting, cost analysis, or financial reporting
- Demonstrated experience preparing and analyzing budgets, projections, variance reports, and management reports. Advanced Microsoft Excel proficiency, including complex formulas, pivot tables, lookups, data analysis, and financial modeling
- Experience interpreting financial data, identifying discrepancies and trends, and developing actionable recommendations. Strong understanding of accounting principles, financial controls, and budget management
- Ability to manage multiple deadlines accurately; communicate complex financial information to financial and non-financial audiences; exercise discretion and sound judgment; and translate business needs into data-answerable questions
- Strong organizational, analytical, problem-solving, communication, technical, customer-service, teamwork, adaptability, initiative, and creative-thinking skills
- U.S. Citizen, resident, or officially recognized asylee - Applicant selected will be subject to government security investigation and must meet eligibility requirements for access to classified information at the level appropriate to the project requirements of the position
- *Equivalent combination of relevant education and experience may be substituted as appropriate.*
- Must be authorized to work in the United States on a full-time basis for any employer without sponsorship
- May work around standard office conditions
- Repetitive use of a keyboard at a workstation
- Use of manual dexterity
- Monday – Friday; flexible schedule to be determined during the hiring process
- 3 work references with their contact information; at least one reference should be from a supervisor
- Experience with financial administration, budgeting, or accounting in higher education, government, or another complex decentralized organization; experience with UT Austin financial and administrative systems, including Workday, DEFINE, FRMS, UT Direct, PointPlus, Contracts+, or related systems
- Experience administering service centers, charge-back operations, or cost-recovery activities, including reviewing rate proposals, analyzing allowable costs, processing billing, monitoring performance, and coordinating rate approval with service owners and central administrative offices
- Experience managing institutional, designated, auxiliary or self-supporting, gift, and sponsored funds; knowledge of UT Austin and UT System financial policies, procedures, and core business processes
- Experience developing executive reports, dashboards, long-range forecasts, cost-recovery models, and decision-support analyses; proficiency with reporting and data-visualization tools; experience improving workflows through automation or AI with appropriate validation controls
- Ability to collaborate with senior leaders, service owners, department administrators, central offices, and cross-functional teams. Current business analyst or comparable professional certification
Benefits
- Flexible work arrangements are available for this position, including the ability to work remotely within the United States. Remote work for individuals who reside outside Texas but within the United States and its territories will be considered and requires Central Office approval.
- Competitive health benefits (Employee premiums covered at 100%, family premiums at 50%)
- Vision, Dental, Life, and Disability insurance options
- Paid vacation, sick leave, and holidays
- Teachers Retirement System of Texas (a defined benefit retirement plan) or the Optional Retirement Program (a defined contribution plan)
- Additional Voluntary Retirement Programs: Tax Sheltered Annuity 403(b) and a Deferred Compensation program 457(b)
- Flexible spending account options for medical and childcare expenses
- Training and conference opportunities
- Tuition assistance
- Athletic ticket discounts
- Access to UT Austin's libraries and museums
- Free rides on all UT Shuttle and Capital metro buses with staff ID card
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