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Position Classification Description

Position Class Code / Title: B4013 / Sr Budget Analyst
Recruitment Tier: Tier 1
FLSA: Exempt
Grade: 13

This is a description of a Staff Position Classification. It is not an announcement of a position opening. To view descriptions of current openings, please go to UNMJobs and Search Postings to view positions that are currently accepting applications.

The following statements are intended to describe, in broad terms, the general functions and responsibility levels characteristic of positions assigned to this classification. They should not be viewed as an exhaustive list of the specific duties and prerequisites applicable to individual positions that have been so classified.


Provides overview, coordination, and assistance in the development, implementation, and management of the University budget, applying fundamental budgetary concepts, practices, and procedures. Participates in the University's financial planning and debt financing.

Duties and Responsibilities

  1. Prepares formal budget documents, revenue and expense projections, final reports, and other specialized financial reports and analyses for officers of the institution and outside funding agencies.
  2. Analyzes proposed and final funding legislation; analyzes all components of the instruction and general formula calculations for the university in coordination with the state funding units.
  3. Participates in financial planning committees of the institution and participates in recommendations to upgrade the financial reporting and budgeting systems.
  4. Assists with university long-term debt financing issues; develops cash flow analysis for debt funding considerations ensures that payments for outstanding bonds are made on a timely basis.
  5. Reviews, approves, and formalizes for final approval, budget revision requests to the Regents and the state of New Mexico, and coordinates the audited financial statement of the institution with the formal Commission on Higher Education budget documents.
  6. Reviews departmental budgets for new positions and approves payroll documents for availability of funding.
  7. Approves and processes all budget entries to FRS budget categories; tracks allocation of instruction and general funds and prepares annual allocation schedules; tracks all main campus instruction and general carryforward balances and ensures that appropriate balance forward entries are made.
  8. Provides direction and counsel to academic and staff personnel to assist them in understanding financial reports and data, in controlling their costs and budgets and in fulfilling budgetary requirements.
  9. Reviews university financial and enrollment data and develops models for projecting tuition and other revenue.
  10. Prepares official annual report of actual revenues, transfers, and expenses, ensuring conformity with the audited financial statement.
  11. Performs miscellaneous job-related duties as assigned.

Minimum Job Requirements

  • Bachelor's degree; at least 3 years of experience directly related to the duties and responsibilities specified.
  • Completed degree(s) from an accredited institution that are above the minimum education requirement may be substituted for experience on a year for year basis.

Knowledge, Skills and Abilities Required

  • Skill in budget preparation and fiscal management.
  • Knowledge of legislative budget process.
  • Ability to analyze and interpret financial data and prepare financial reports, statements and/or projections.
  • Ability to analyze funding legislation and components of I and G formula calculations.
  • Ability to analyze budgetary expenditures for compliance with approved budget.
  • Knowledge of software to quantify and illustrate complex financial reports, comparisons, impacts, and/or projections.
  • Ability to assist with developing mainframe computing systems for accounting and budgeting.
  • Ability to serve on committees which develop accounting policies and procedures.
  • Knowledge of computerized information systems used in financial and/or accounting applications.
  • Knowledge of finance, accounting, budgeting, and cost control procedures.
  • Fund accounting and budget experience in higher education.
  • Knowledge of state higher education four-year funding formula and CHE policies and procedures.
  • Knowledge of short- and long-term debt financing of capital projects.

Distinguishing Characteristics

    Position requires: a) Providing overview and coordination in the development and management of the University budget; b) Reviewing, approving and formalizing budget revision requests; c) preparing formal budget documents, revenue and expense projections and other specialized reports and analyzes; d) participating in the University's financial planning; and e) preparing official annual reports.

Working Conditions and Physical Effort

  • No or very limited physical effort required.
  • No or very limited exposure to physical risk.
  • Work is normally performed in a typical interior/office work environment.

The University of New Mexico provides all training required by OSHA to ensure employee safety.

Revised Date: 03/20/2017