Financial Analyst II, Budget and Planning – UT System

Financial Analyst II, Budget and Planning - UT System
Market Range 12

About the UT System
The University of Tennessee is comprised of campuses at Knoxville, Chattanooga, Martin, and Pulaski; the Health Science Center at Memphis; the Space Institute at Tullahoma; and the statewide Institute of Agriculture and Institute for Public Service.

The UT System has a presence in each of Tennessee’s 95 counties. Through the combined force of education, research and outreach, the University serves students, business and industry, schools, governments, organizations, and citizens statewide.

The University of Tennessee System, through its multiple campuses and institutes, serves the people of Tennessee and beyond through the discovery, communication, and application of knowledge. The System is committed to providing undergraduate, graduate, and professional education programs in a diverse learning environment that prepares students to be leaders in a global society. The UT System’s delivery of education, discovery, outreach, and public service contributes to the economic, social, and environmental well-being of all Tennesseans.

The Opportunity
The financial analyst provides a wide variety of analytical support to the UT System Office of Budget & Planning.

Position responsibilities include, but are not limited to the following:

• Annual budget development and reporting process:
  • Producing budget reports for the Tennessee Higher Education Commission (THEC), Department of Finance & Administration (F&A), General Assembly, and other external parties.
  • Producing official budget documents and presentations for Board meetings.
  • Producing year-end financial summaries for campus/institute budget staff.
  • Coordinating annual budget cycle activities for Proposed and Revised budgets.
  • Preparation for UT's annual budget workshop.
  • Analysis and documentation annual tuition & fee approvals.
  • Leveraging new technology to streamline and automate these processes.

• Financial analyses to inform University policy development, strategic planning, and decision making:
  • Produce financial updates and performance reports for University leadership and Board of Trustees.
  • Conduct financial analyses for UT's legislative fiscal note process.
  • Year-end analysis of campus/institute financial results.
  • Help develop interactive visual financial dashboards.
  • Research on various higher education issues such as operational efficiencies, tuition discounting,
  • Student debt, financial aid, access, and affordability.
  • Ad hoc financial/operational analyses.

• Other duties as assigned including but not limited to:
  • Conducting projects to assess and improve University finances and business operations, such as the financial condition of campuses, divisions, departments; financial planning, including projections and modeling; and streamlining business processes that span campuses, divisions, and/or departments.
  • Adopting ownership of departmental business/financial management processes if/when the need arises.
  • Supporting DASH implementation efforts, including development and deployment of the Oracle Cloud Enterprise Performance Management (EPM)

The Financial Analyst II will support a culture of engagement and belonging by treating others with dignity and respect at all times, and by exhibiting conduct that reflects a commitment to diversity, equity, and inclusion. The successful candidate is expected to contribute in measurable ways to the systemwide mission and fully embrace the systemwide Be One UT Values.

Required Education & Qualifications:
The successful candidate will hold a Bachelor’s degree in and at least three years of related work experience or advanced degree and at least one year of related experience.

Candidate must have:

• Knowledge:
  • relevant analytical methods, systems and software.
• Skills:
  • basic office software, especially Excel.
• Abilities:
  • communicate clearly and effectively.
  • analyze data and create comprehensive reports.
  • organize and disseminate information clearly.
  • present data visually.
  
  

Preferred Qualifications
The preferred candidate will hold a Bachelor's/advanced degree in an analytical field such as finance, economics, or data science; relevant certifications; relevant experience in higher education and/or public sector finance.

Knowledge of advanced analytical methods and tools; financial management systems and software; accounting theory and Generally Accepted Accounting Principles (GAAP); budget development; Oracle financial systems; forecasting techniques; research methodology and experimental design; higher education; public sector accounting and finance.

Ability to develop analyses that answer broad strategic questions; develop user-friendly, visually-appealing financial dashboards; distill complex data into actionable management information; conduct qualitative research and literature reviews on general subjects related to higher education.

Skills using a wide variety of analytical systems, software, and reporting tools.

Application Process
For full consideration applications should be accompanied by a letter of interest, resume and three references. Review of applications will begin immediately.

Compensation for the position will be competitive and commensurate with qualifications and experience within the market range.

The University offers a comprehensive benefits package that includes excellent healthcare and tuition benefits for employees and their families, generous retirement benefits, a wide variety of professional development opportunities, supportive work and family benefits and much more. Additionally, Tennessee residents do not pay a state income tax. For more information on the University of Tennessee’s benefits, visit https://hr.tennessee.edu/benefits/