Senior Financial Analyst

Job Posting Title: Senior Financial Analyst ---- Hiring Department: ET - Vice President and Office of CIO ---- Position Open To: All Applicants ---- Weekly Scheduled Hours: 40 ---- FLSA Status: To Be Determined at Offer ---- Earliest Start Date: Ongoing ---- Position Duration: Expected to Continue ---- Location: AUSTIN, TX ---- Job Details: General Notes 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. This position provides life/work balance with typically a 40-hour work week and travel limited to training (e.g., conferences/courses). Enterprise Technology is dedicated to supporting the mission of the University of Texas at Austin of unlocking potential and preparing future leaders of the state. Your skills will make a difference. You’ll be working for a university that is internationally recognized for research and the work you do will make a difference in the lives of our students, faculty and staff. If you’re the type of person that wants to know your work has meaning and impact, you’ll like working for our campus. The University of Texas at Austin and Enterprise Technology provide an outstanding benefits package to our staff. Those benefits include: 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 For more details, please see: https://hr.utexas.edu/prospective/benefits and https://hr.utexas.edu/current/services/my-total-rewards Must be authorized to work in the United States on a full-time basis for any employer without sponsorship. This position requires you to maintain internet service and a mobile phone with voice and data plans to be used when required for work. Purpose The Senior Financial Analyst provides advanced financial analysis, budget planning, forecasting, reporting, and operational support for Enterprise Technology (ET). This role supports the Chief Business Officer and ET leadership by evaluating financial performance, developing projections, monitoring institutional and self-supporting funds, and identifying opportunities to strengthen financial operations. The position also oversees service center and charge-back activities, including rate development, billing, financial monitoring, and coordination of rate 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. Required Qualifications 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. Preferred Qualifications 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. Salary Range $70,000 + depending on qualifications Working Conditions May work around standard office conditions Repetitive use of a keyboard at a workstation Use of manual dexterity Work Shift Monday – Friday; flexible schedule to be determined during the hiring process Required Materials Resume/CV 3 work references with their contact information; at least one reference should be from a supervisor Letter of interest Important for applicants who are NOT current university employees or contingent workers: You will be prompted to submit your resume the first time you apply, then you will be provided an option to upload a new Resume for subsequent applications. Any additional Required Materials (letter of interest, references, etc.) will be uploaded in the Application Questions section; you will be able to multi-select additional files. Before submitting your online job application, ensure that ALL Required Materials have been uploaded. Once your job application has been submitted, you cannot make changes. Important for Current university employees and contingent workers: As a current university employee or contingent worker, you MUST apply within Workday by searching for Find UT Jobs. If you are a current University employee, log-in to Workday, navigate to your Worker Profile, click the Career link in the left hand navigation menu and then update the sections in your Professional Profile before you apply. This information will be pulled in to your application. The application is one page and you will be prompted to upload your resume. In addition, you must respond to the application questions presented to upload any additional Required Materials (letter of interest, references, etc.) that were noted above. ---- Employment Eligibility: Regular staff who have been employed in their current position for the last six continuous months are eligible for openings being recruited for through University-Wide or Open Recruiting, to include both promotional opportunities and lateral transfers. Staff who are promotion/transfer eligible may apply for positions without supervisor approval. ---- Retirement Plan Eligibility: The retirement plan for this position is Teacher Retirement System of Texas (TRS), subject to the position being at least 20 hours per week and at least 135 days in length. ---- Background Checks: A criminal history background check will be required for finalist(s) under consideration for this position. ---- Equal Opportunity Employer: The University of Texas at Austin, as an equal opportunity/affirmative action employer , complies with all applicable federal and state laws regarding nondiscrimination and affirmative action. The University is committed to a policy of equal opportunity for all persons and does not discriminate on the basis of race, color, national origin, age, marital status, sex, sexual orientation, gender identity, gender expression, disability, religion, or veteran status in employment, educational programs and activities, and admissions. ---- Pay Transparency: The University of Texas at Austin will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. ---- Employment Eligibility Verification: If hired, you will be required to complete the federal Employment Eligibility Verification I-9 form. You will be required to present acceptable and original documents to prove your identity and authorization to work in the United States. Documents need to be presented no later than the third day of employment. Failure to do so will result in loss of employment at the university. ---- E-Verify: The University of Texas at Austin use E-Verify to check the work authorization of all new hires effective May 2015. The university’s company ID number for purposes of E-Verify is 854197. For more information about E-Verify, please see the following: E-Verify Poster (English and Spanish) [PDF] Right to Work Poster (English) [PDF] Right to Work Poster (Spanish) [PDF] ---- Compliance: Employees may be required to report violations of law under Title IX and the Jeanne Clery Disclosure of Campus Security Policy and Crime Statistics Act (Clery Act). If this position is identified a Campus Security Authority (Clery Act), you will be notified and provided resources for reporting. Responsible employees under Title IX are defined and outlined in HOP-3031 . The Clery Act requires all prospective employees be notified of the availability of the Annual Security and Fire Safety report. You may access the most recent report here or obtain a copy at University Compliance Services, 1616 Guadalupe Street, UTA 2.206, Austin, Texas 78701.