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Financial Analyst 3 (7709U) - 50518
University of California, Berkeley
Financial Analyst 3 (7709U) - 50518
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 make it a special place for students, faculty and staff.
The University of California, Berkeley, is one of the world's leading institutions of higher education, distinguished by its combination of internationally recognized academic and research excellence; the transformative opportunity it provides to a large and diverse student body; its public mission and commitment to equity and social justice; and its roots in the California experience, animated by such values as innovation, questioning the status quo, and respect for the environment and nature. Since its founding in 1868, Berkeley has fueled a perpetual renaissance, generating unparalleled intellectual, economic and social value in California, the United States and the world.
We are looking for equity-minded applicants who represent the full diversity of California and who demonstrate a sensitivity to and understanding of the diverse academic, socioeconomic, cultural, disability, gender identity, sexual orientation, and ethnic backgrounds present in our community. When you join the team at Berkeley, you can expect to be part of an inclusive, innovative and equity-focused community that approaches higher education as a matter of social justice that requires broad collaboration among faculty, staff, students and community partners. In deciding whether to apply for a position at Berkeley, you are strongly encouraged to consider whether your values align with our Guiding Values and Principles, our Principles of Community, and our Strategic Plan.
At UC Berkeley, we believe that learning is a fundamental part of working, and our goal is for everyone on the Berkeley campus to feel supported and equipped to realize their full potential. We actively support this by providing all of our staff employees with at least 80 hours (10 days) of paid time per year to engage in professional development activities. To find out more about how you can grow your career at UC Berkeley, visit grow.berkeley.edu.
The mission of Financial Planning and Analysis (FP&A) is to effectively manage the financial resources of UC Berkeley in support of instruction, research, and public service. We work with campus academic and administrative units to assess ongoing budget and planning issues, implement the campus budget process, and establish and monitor controls over campus resources. We also provide decision support to campus leadership through financial analysis, reporting, and forecasting.
As part of the Office of Vice Chancellor of Finance, the Financial Analyst will support various functions in the Financial Planning & Analysis team for the budget process, faculty funding, central allocations and other finance analysis that impact the campus-wide budget.
In particular, the Financial Analyst will assist in developing and maintaining faculty State funding records, journals and related financial analysis. Under the guidance of the Assistant Director, Budget Process and Faculty Funding, the individual will be charged with ensuring the faculty funding process is based on reliable information and necessary documentation and help to set up and/or maintain relevant policy and procedures. The Faculty Funding entails funding of faculty salaries, start-up and retention and is an integral part of the overall campus commitment to its mission. The Financial Analyst will also support projections for this population in the multi- year budget as well as provide support in the campus-wide multi-year budget process.
More broadly, as a member of the Office of Vice Chancellor of Finance, this individual will also assist in the budget process and will collaborate with different teams for CalPlan, CalAnswer reporting etc. The Financial Analyst will review divisional inquiries and maintain good resource information at FP&A web portal.
Collaboration and communication are essential to this role to support other team members under the Budget and Financial Operations area as well as campus-wide partners.
Application Review Date
The First Review Date for this job is: 03/29/2023.
- Examine divisions submissions for various faculty actions, setting up, managing, and executing faculty funding campus commitments related to start-up, retention, and other faculty funding records.
- Thoroughly review and analyze findings for the assigned faculty funding reports, prepare adjustment faculty funding journals related to FTE changes, new hires, separations, range adjustments, merits, and promotions in the Berkeley Financial System (BFS).
- Verify the file from the Academic Personnel Office (APO) for the Berkeley Excellence Accounts for Research (BEAR) Grants Program across academic divisions.
- Set up templates for divisions and distribute reports.
- Establish and document appropriate Faculty Funding policy and procedures.
- Support the annual Budget Process, including coordination for budget, forecast, and quarterly financial report submissions, system testing, office hours, etc.
- Provide general support to the BFO team including helping with journals during fiscal close, updating the DFL concierge Knowledge and Resource Portal web pages, serving as a resource for campus and helping manage the various departmental emails.
- Prepare ad hoc financial reports as well as other services as needed.
- Thorough knowledge of finance policies, practices, and systems.
- Ability to independently gather required information to organize, and perform financial analysis assignments.
- Proven ability to effectively present information verbally and in writing in a clear and concise manner.
- Proven ability using spreadsheet and database software for complex financial analysis, fiscal management, and financial reports.
- Proven interpersonal skills with peers throughout the organization; strong service orientation and critical thinking skills; and attention to detail.
- Proven ability using organizational skills to multi-task in a high-volume environment.
- Ability to function as a member of a team.
- Thorough knowledge and understanding of internal control practices and their impact on protecting University resources.
- Ability to adapt to changing priorities.
- Bachelor's degree in related area and/or equivalent experience/training.
- Knowledge of the Berkeley Financial System (BFS) and journal accounting.
- Post-graduate degree in business, finance, accounting, or other related area.
Salary & Benefits
This is a 100% full-time (40 hrs a week) exempt career position, which is paid monthly and eligible for full UC Benefits.
For information on the comprehensive benefits package offered by the University, please visit the University of California's Compensation & Benefits website.
Under California law, the University of California, Berkeley is required to provide a reasonable estimate of the compensation range for this role and should not offer a salary outside of the range posted in this job announcement. This range takes into account the wide range of factors that are considered in making compensation decisions including but not limited to experience, skills, knowledge, abilities, education, licensure and certifications, analysis of internal equity, and other business and organizational needs. It is not typical for an individual to be offered a salary at or near the top of the range for a position. Salary offers are determined based on final candidate qualifications and experience.
The budgeted salary or hourly range that the University reasonably expects to pay for this position is $74,300.00 to $101,000.00.
How to Apply
- To apply, please submit your resume and cover letter.
- This is not a visa opportunity.
Conviction History Background
This is a designated position requiring fingerprinting and a background check due to the nature of the job responsibilities. Berkeley does hire people with conviction histories and reviews information received in the context of the job responsibilities. The University reserves the right to make employment contingent upon successful completion of the background check.
Equal Employment Opportunity
The University of California is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status. For more information about your rights as an applicant, please see the U.S. Equal Employment Opportunity Commission poster.
For the complete University of California nondiscrimination and affirmative action policy, please see the University of California Discrimination, Harassment, and Affirmative Action in the Workplace policy.
To apply, visit https://careerspub.universityofcalifornia.edu/psp/ucb/EMPLOYEE/HRMS/c/HRS_HRAM.HRS_APP_SCHJOB.GBL?Page=HRS_APP_JBPST&Action=U&FOCUS=Applicant&SiteId=21&JobOpeningId=50518&PostingSeq=1
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