Budget Officer

Requisition ID: 116082

Budget Officer

Under the supervision of the Director of Budget for the School of Medicine (SOM), we are seeking a Budget Officer who will provide support for the School’s operating budgeting processes, quarterly reporting processes, and other planning and financial analysis tasks and initiatives.

Johns Hopkins School of Medicine has a $3 billion annual operating budget. The School is made up of thirty-seven clinical and basic science departments and institutes in addition to several Central School operating units. The SOM Central Finance Office manages the development, monitoring and analysis of the Operating and Capital Budgets and Five-Year Plans. The SOM Central Finance Office works in collaboration with the staff and management throughout the departments and central administration.

Specific Duties & Responsibilities

Budget Preparation

• Participate in the formulation and development of the SOM Operating Budget and Five-Year Plan. This involves creating planning guidelines for departmental and Central School operating budgets and reviewing and analyzing all budget documents in preparation for meetings with SOM leadership.
• Support the SOM budget process by creating budget templates and other documents for SOM departments to submit budget information.
• Prepare data files, budget summaries, and briefing presentations regarding departmental and SOM operating budgets using SAP, Oracle, Microsoft Office products, and other budget preparation tools.
• Coordinate with senior School of Medicine leadership, the Executive Director of Financial Planning & Analysis (FP&A), the SOM Director of Budget, Finance and Budget Office staff, and other School of Medicine staff to prepare the final Operating and Capital Budget and Five-Year Plan presentations for the relevant trustee committees.
  
  
  

Financial Performance & Analysis

• Collaborate with other FP&A staff and the Financial Operations team to prepare SOM quarterly projections. This includes reviewing and analyzing the operating results of Central School and all departments.
• Recommend and implement improvements to quarterly reports and processes.
• Analyze financial trends and performance of SOM departments to inform the budget. This requires financial modeling, reviewing departmental budgets, conducting independent research, and consulting with department leadership and staff.
• Conduct in-depth research and analysis on financial, organizational, and budget issues and initiatives to provide leadership with information and recommendations, as assigned.
• Support other members of the budget team in completing analyses, financial reports, and presentation materials.
  
  
  

Scope of Responsibility

• Oversee the SOM Operating Plan.
• Provide guidance to the SOM FP&A staff.
• Conduct financial analysis and reporting.
• Interact functionally with leadership and staff to include SOM Leadership, SOM Central Finance Team, Department Finance Staff, University Planning and Budget Office, Johns Hopkins Health System Planning and Budget Office, and Department leadership and other staff, as needed.
  
  
  

Additional Knowledge, Skills & Abilities

• Outstanding analytical skills for interpreting budgetary, financial, and related organizational performance or management information.
• Skills in quantitative financial and budget analyses, including developing financial models to forecast financial results under different scenarios.
• Well-developed written and verbal communication skills.
• Ability to build strong relationships with people at all levels of the organization.
• Advanced technical experience in using financial software to develop and maintain financial models and automated financial reports.
• Working knowledge of general accounting principles and practices.
  
  
  

Physical Requirements

• Sitting in a normal seated position for extended periods of time.
• Finger dexterity required to manipulate objects with fingers rather than with whole hand(s) or arm(s), for example, using a keyboard.
• Occasionally lifting, carrying objects weighing 10 lbs. or less.
  
  
  

Minimum Qualifications

• Bachelor's Degree required in Finance, Accounting, or related field.
• Five years of progressively responsible budget and financial analysis experience.
• Additional education (Master's in a related field) may substitute for required experience and additional related experience may substitute for required education, to the extent permitted by JHU equivalency formula.
  
  
  

Preferred Qualifications

• Master’s Degree in Finance, Business, Public Administration or related field.
• Experience in higher education.
  
  
  

Classified Title: Budget Officer

Role/Level/Range: ATP/04/PE

Starting Salary Range: $73,300 - $128,300 Annually ($100,800 targeted; Commensurate with experience)

Employee group: Full Time

Schedule: Mon-Fri, 8.30am-5.00pm

Exempt Status: Exempt

Location: Hybrid/School of Medicine Campus

Department name: SOM Admin Finance FP&A

Personnel area: School of Medicine

Total Rewards

The referenced base salary range represents the low and high end of Johns Hopkins University’s salary range for this position. Not all candidates will be eligible for the upper end of the salary range. Exact salary will ultimately depend on multiple factors, which may include the successful candidate's geographic location, skills, work experience, market conditions, education/training and other qualifications. Johns Hopkins offers a total rewards package that supports our employees' health, life, career and retirement. More information can be found here: https://hr.jhu.edu/benefits-worklife/.

Education and Experience Equivalency

Please refer to the job description above to see which forms of equivalency are permitted for this position. If permitted, equivalencies will follow these guidelines: JHU Equivalency Formula: 30 undergraduate degree credits (semester hours) or 18 graduate degree credits may substitute for one year of experience. Additional related experience may substitute for required education on the same basis. For jobs where equivalency is permitted, up to two years of non-related college course work may be applied towards the total minimum education/experience required for the respective job.

Applicants Completing Studies

Applicants who do not meet the posted requirements but are completing their final academic semester/quarter will be considered eligible for employment and may be asked to provide additional information confirming their academic completion date.

Background Checks

The successful candidate(s) for this position will be subject to a pre-employment background check. Johns Hopkins is committed to hiring individuals with a justice-involved background, consistent with applicable policies and current practice. A prior criminal history does not automatically preclude candidates from employment at Johns Hopkins University. In accordance with applicable law, the university will review, on an individual basis, the date of a candidate's conviction, the nature of the conviction and how the conviction relates to an essential job-related qualification or function.

Diversity and Inclusion

The Johns Hopkins University values diversity, equity and inclusion and advances these through our key strategic framework, the JHU Roadmap on Diversity and Inclusion.

Equal Opportunity Employer

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

EEO is the Law

https://www.eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12ScreenRdr.pdf

Accommodation Information

If you are interested in applying for employment with The Johns Hopkins University and require special assistance or accommodation during any part of the pre-employment process, please contact the Talent Acquisition Office at jhurecruitment@jhu.edu. For TTY users, call via Maryland Relay or dial 711. For more information about workplace accommodations or accessibility at Johns Hopkins University, please visit https://accessibility.jhu.edu/.

Vaccine Requirements

Johns Hopkins University strongly encourages, but no longer requires, at least one dose of the COVID-19 vaccine. The COVID-19 vaccine does not apply to positions located in the State of Florida. We still require all faculty, staff, and students to receive the seasonal flu vaccine. Exceptions to the COVID and flu vaccine requirements may be provided to individuals for religious beliefs or medical reasons. Requests for an exception must be submitted to the JHU vaccination registry. This change does not apply to the School of Medicine (SOM). SOM hires must be fully vaccinated with an FDA COVID-19 vaccination and provide proof of vaccination status. For additional information, applicants for SOM positions should visit https://www.hopkinsmedicine.org/coronavirus/covid-19-vaccine/ and all other JHU applicants should visit https://covidinfo.jhu.edu/health-safety/covid-vaccination-information/.

The following additional provisions may apply, depending upon campus. Your recruiter will advise accordingly.

The pre-employment physical for positions in clinical areas, laboratories, working with research subjects, or involving community contact requires documentation of immune status against Rubella (German measles), Rubeola (Measles), Mumps, Varicella (chickenpox), Hepatitis B and documentation of having received the Tdap (Tetanus, diphtheria, pertussis) vaccination. This may include documentation of having two (2) MMR vaccines; two (2) Varicella vaccines; or antibody status to these diseases from laboratory testing. Blood tests for immunities to these diseases are ordinarily included in the pre-employment physical exam except for those employees who provide results of blood tests or immunization documentation from their own health care providers. Any vaccinations required for these diseases will be given at no cost in our Occupational Health office.

Hybrid: On-site 3-4 days a week