Job Description

Details



Open Date

10/03/2025



Requisition Number

PRN43264B



Job Title

Budget Analysts



Working Title

Budget Analyst



Career Progression Track

P00



Track Level

P4 - Advanced, P3 - Career, P2 - Developing



FLSA Code

Administrative



Patient Sensitive Job Code?

No



Standard Hours per Week

40



Full Time or Part Time?

Full Time



Shift

Day



Work Schedule Summary



Monday though Friday, typically 8am-5pm



VP Area

U of U Health - Academics



Department

00958 - DFPM-Administration



Location

Campus



City

Salt Lake City, UT



Type of Recruitment

External Posting



Pay Rate Range

$75,000 - $95,000



Close Date

01/03/2026



Priority Review Date (Note - Posting may close at any time)



Job Summary



The Budget Analyst will play a vital role in developing and managing the department's annual budget across clinical, research, and education operations. This position is responsible for consolidating individual operational budgets into a comprehensive department-wide financial plan, with a strong emphasis on employee compensation budgeting. The ideal candidate will have a solid understanding of accounting and financial principles, including GAAP and cost accounting, and will ensure accurate financial processing and reporting to support division and department leadership.

Strong communication skills are essential.

The ideal candidate will be able to clearly explain complex financial concepts and data to clinical providers and non-financial stakeholders, ensuring transparency and understanding across all levels of the organization.



This position supports hybrid work environment. The Budget Analyst will be required to work onsite based on department need at our office located in Salt Lake City, Utah.



Learn more about the great benefits of working for University of Utah: benefits.utah.edu



The department may choose to hire at any of the below job levels and associated pay rates based on their business need and budget.



Responsibilities



Budget Analyst, II



+ Develop, analyze, and manage departmental budgets, allocating current resources and forecasting future financial requirements across divisions, programs, and operations.



+ Prepare and maintain budget variance reports, including unit cost variance analyses, to identify cost drivers and support financial decision-making.



+ Conduct compensation analyses for faculty, providers, and staff, including strategic updates and recommendations aligned with market benchmarks.



+ Support accurate and timely compensation in alignment with departmental salary plans.



+ Monitor and review expenditures, ensuring funds are appropriately allocated and spent in accordance with budgetary guidelines and cost accounting principles.



+ Collaborate with clinical and administrative leadership to analyze current operations, model new initiatives, and forecast financial impacts of proposed programs.



+ Design and present financial dashboards, charts, and reports, effectively summarizing key operational and financial metrics for stakeholders.



+ Conduct productivity studies and operational analyses to identify opportunities for efficiency improvements and strategic growth.



+ Ensure consistent application of financial policies and procedures, developing departmental processes in alignment with University guidelines.



+ Serve as a subject matter expert, performing complex work independently with significant latitude for judgment and decision-making.

Job Code:

P21182



Budget Analyst, III



+ Develop, analyze, and manage departmental budgets, allocating current resources and forecasting future financial requirements across divisions, programs, and operations.



+ Prepare and maintain budget variance reports, including unit cost variance analyses, to identify cost drivers and support financial decision-making.



+ Conduct compensation analyses for faculty, providers, and staff, including strategic updates and recommendations aligned with market benchmarks.



+ Support accurate and timely compensation in alignment with departmental salary plans.



+ Monitor and review expenditures, ensuring funds are appropriately allocated and spent in accordance with budgetary guidelines and cost accounting principles.



+ Collaborate with clinical and administrative leadership to analyze current operations, model new initiatives, and forecast financial impacts of proposed programs.



+ Design and present financial dashboards, charts, and reports, effectively summarizing key operational and financial metrics for stakeholders.



+ Conduct productivity studies and operational analyses to identify opportunities for efficiency improvements and strategic growth.



+ Ensure consistent application of financial policies and procedures, developing departmental processes in alignment with University guidelines.



+ Serve as a subject matter expert, performing complex work independently with significant latitude for judgment and decision-making.

Job Code:

P21183



Budget Analyst, IV



+ Develop, analyze, and manage departmental budgets, allocating current resources and forecasting future financial requirements across divisions, programs, and operations.



+ Prepare and maintain budget variance reports, including unit cost variance analyses, to identify cost drivers and support financial decision-making.



+ Conduct compensation analyses for faculty, providers, and staff, including strategic updates and recommendations aligned with market benchmarks.



+ Support accurate and timely compensation in alignment with departmental salary plans.



+ Monitor and review expenditures, ensuring funds are appropriately allocated and spent in accordance with budgetary guidelines and cost accounting principles.



+ Collaborate with clinical and administrative leadership to analyze current operations, model new initiatives, and forecast financial impacts of proposed programs.



+ Design and present financial dashboards, charts, and reports, effectively summarizing key operational and financial metrics for stakeholders.



+ Conduct productivity studies and operational analyses to identify opportunities for efficiency improvements and strategic growth.



+ Ensure consistent application of financial policies and procedures, developing departmental processes in alignment with University guidelines.



+ Serve as a subject matter expert, performing complex work independently with significant latitude for judgment and decision-making.

Job Code:

P21184



Minimum Qualifications

EQUIVALENCY STATEMENT :

1 year of higher education can be substituted for 1 year of directly related work experience (Example: bachelor's degree = 4 years of directly related work experience).



Department may hire employee at one of the following job levels:

Budget Analyst, II:

Requires a bachelor's (or equivalency) + 4 years or a master's (or equivalency) + 2 years of directly related work experience.

Budget Analyst, III :

Requires a bachelor's (or equivalency) + 6 years or a master's (or equivalency) + 4 years of directly related work experience.

Budget Analyst, IV:

Requires a bachelor's (or equivalency) + 8 years or a master's (or equivalency) + 6 years of directly related work experience.



Preferences

Preferred qualification:

+ Experience working in an Academic Medical Center, hospital, or medical clinic



Type

Benefited Staff



Special Instructions Summary



Additional Information



The University is a participating employer with Utah Retirement Systems ("URS"). Eligible new hires with prior URS service, may elect to enroll in URS if they make the election before they become eligible for retirement (usually the first day of work). Contact Human Resources at (801) 581-7447 for information. Individuals who previously retired and are receiving monthly retirement benefits from URS are subject to URS' post-retirement rules and restrictions. Please contact Utah Retirement Systems at (801) 366-7770 or (800) 695-4877 or University Human Resource Management at (801) 581-7447 if you have questions regarding the post-retirement rules.



This position may require the successful completion of a criminal background check and/or drug screen.



The University of Utah values candidates who have experience working in settings with students from all backgrounds and possess a strong commitment to improving access to higher education for historically underrepresented students.



Veterans' preference is extended to qualified applicants, upon request and consistent with University policy and Utah state law. Upon request, reasonable accommodations in the application process will be provided to individuals with disabilities.



The University of Utah is an Affirmative Action/Equal Opportunity employer and does not discriminate based upon race, ethnicity, color, religion, national origin, age, disability, sex, sexual orientation, gender, gender identity, gender expression, pregnancy, pregnancy-related conditions, genetic information, or protected veteran's status. The University does not discriminate on the basis of sex in the education program or activity that it operates, as required by Title IX and 34 CFR part 106. The requirement not to discriminate in education programs or activities extends to admission and employment. Inquiries about the application of Title IX and its regulations may be referred to the Title IX Coordinator, to the Department of Education, Office for Civil Rights, or both.



To request a reasonable accommodation for a disability or if you or someone you know has experienced discrimination or sexual misconduct including sexual harassment, you may contact the Director/Title IX Coordinator in the Office of Equal Opportunity and Affirmative Action ( OEO /AA). More information, including the Director/Title IX Coordinator's office address, electronic mail address, and telephone number can be located at: https://www.utah.edu/nondiscrimination/



Online reports may be submitted at oeo.utah.edu



https://safety.utah.edu/safetyreport This report includes statistics about criminal offenses, hate crimes, arrests and referrals for disciplinary action, and Violence Against Women Act offenses. They also provide information about safety and security-related services offered by the University of Utah. A paper copy can be obtained by request at the Department of Public Safety located at 1658 East 500 South.