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University of Maryland, Baltimore (UMB) · 3 weeks ago

Budget Analyst I

Baltimore, MD

Full-time

Onsite

New Grad, Entry Level

$27.33/hr - $30.21/hr

The University of Maryland, Baltimore (UMB) is seeking a dedicated Budget Analyst I to support the financial operations of the Network of the National Library of Medicine. The role involves budget formulation, implementation, and compliance for grant projects and contracts, ensuring effective financial management.

BiotechnologyHealth Care

Responsibilities

Assists in examining budgets and financial records for completeness, accuracy, and conformity with University policies and sponsor requirements

Assists in preparing and monitoring budgets and accounts for grants and contracts; identifies errors, discrepancies, and potential issues

Assists in providing guidance and technical assistance to program directors in understanding and preparing budgets

Updates files and recordkeeping systems to ensure accuracy of financial records and data

Prepares and assembles financial and statistical data and basic reports for use in budget evaluation. Assists in monitoring expenditures and encumbrances to ensure compliance with budget limits and sponsor requirements

Prepares cost projections, budget modifications, and supporting documentation for grant and contract applications and renewals

Prepares financial, activity, and analytical reports for internal use, program directors, and sponsoring agencies

Liaises with central offices such as Procurement, Sponsored Programs, and Travel to support budget execution and financial compliance

Supports timely submission of budget adjustments, invoices, and financial documentation to ensure sponsor and institutional compliance

Stays current on regulations, trends, and best practices related to financial management including Federal and state regulations (e.g., GAAP, OMB Uniform Guidance)

Qualification

Generally Accepted Accounting PrinciplesBudget formulationFinancial managementFederal grants experienceAnalytical skillsMathematical computationsOffice equipment operationBudgetary policiesReport preparationEffective communication