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Capital Analyst

We continually strive for a workforce that reflects the growing diversity within the State of Illinois. A variety of employee backgrounds, perspectives, ideas and experiences are crucial to our ability to most effectively serve the public. Bilingual skills welcome

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The State of Illinois is committed to working with and providing reasonable accommodations to people with disabilities. Further, federal law requires employers to provide reasonable accommodation to qualified individuals with disabilities. Please tell us if you require a reasonable accommodation to apply for a job, interview for a job, or for any other activity related to the hiring process. Examples of reasonable accommodation include, but are not limited to, making a change to the application process (if possible), providing documents in an alternate format, using a sign language interpreter, or using specialized equipment.

To be provided a Reasonable Accommodation during the hiring process, you will need to provide a certification of disability from a physician, psychiatrist, school official or an Illinois Department of Human Services (DHS) Division of Rehabilitation Services (DRS) Vocational Rehabilitation (VR) Counselor. Supporting documentation should be uploaded under My Documents → Additional Documents section for each application.

Any questions on Reasonable Accommodations can be directed to Central Management Services Disability Resource Center at CMS.DisabilityResCen@illinois.gov or call (217) 524-7514 for further information and to request or discuss an accommodation.

Sponsorship for Employment

The State of Illinois does not provide sponsorship for employment visa status (e.g. H-1B visa status). To be considered for permanent employment with the State of Illinois, applicants must be currently authorized to work in the United States on a full-time basis.

Disclosure of Salary Information

In compliance with the Illinois Equal Pay Act, 820 ILCS 112/1 et seq., the State does not seek, request, or require a job applicant’s wage or salary history.  Employment decisions are not made based on an applicant’s wage or salary history.  To that end, please do not include wage or salary information in your resume or other profile or application materials.
Date:  Dec 17, 2024
Location: 

Springfield, IL, US, 62701

Job Requisition ID:  43639

Job Requisition ID: 43639 
Closing Date/Time: 01/17/2025
​Agency: Illinois Board of Higher Education
Class Title: FINANCIAL ANALYST - 71982 
Salary: Starting salary commensurate with experience, not to exceed $75,000/year
Job Type: Salaried
Category: Full Time 
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Number of Vacancies: 1

 


****A RESUME IS REQUIRED FOR THIS JOB POSTING****

 

Please attach a DETAILED Resume/Curriculum Vitae (CV), a copy of your transcripts or diploma for all degrees earned, and a copy of any applicable professional licensures to the MY DOCUMENTS section of your application. Please note that the Illinois Board of Higher Education must verify proof of higher education for any degree earned (if applicable) before any offer can be extended. You WILL NOT be considered for the position if you attach a CMS100, CMS100b or any other document in lieu of a Resume or CV.

 

 

About IBHE

IBHE has been supporting higher education in Illinois for more than 50 years. We are a dedicated team of professionals, overseen by a Board appointed by the Governor, who are working for a strong, equitable higher education system, which we believe is essential for the state to thrive. We work with leaders in colleges, universities, state and federal government agencies, governors, legislators, and other entities to strategically further this mission.

In its strategic plan, A Thriving Illinois: Higher Education Paths to Equity, Sustainability, and Growth, IBHE has identified three goals and 25 strategies to help achieve its vision of a higher education ecosystem that ensures individuals, families, and communities across the state thrive.

  • Equity - Close equity gaps for students who have been left behind.
  • Sustainability - Build a stronger financial future for individuals and institutions.
  • Growth - Increase talent and innovation that drives economic growth.

About the position:

The Illinois Board of Higher Education (IBHE) is seeking a Capital Analyst, reporting to the Director of Higher Education Finance Policy.

This is a covered position under the State Universities Civil Service System.

This position provides fiscal oversight and analysis in support of the state’s higher education capital program including developing, analyzing, and monitoring capital budgets in alignment with state priorities, tracking project status; serves as the IBHE’s primary liaison for all capital matters.


 

Duties and Responsibilities

45% Serves as the IBHE’s lead analyst on the higher education capital budget (construction, renovation of public college and university buildings, classrooms, labs, etc)

  • Collaborates with institutions to understand facility master plans, capital and deferred maintenance needs, project progress, maintains current list of institutional priorities
  • Understands and uses campus facility master plans to inform budget recommendations
  • Develops and implements a methodology for prioritizing higher education capital project budget requests across institutions
  • Oversees the development of the IBHE’s annual capital budget recommendations and preparation of Board budget materials
  • Leads the university non-instructional capital request process and three-year capital plan

40% Maintains and tracks capital project status, coordinating across state agencies and institutions.

  • Remains in close contact with institutions on project status, priorities, and pressures; facilitates problem resolution
  • Serves as primary liaison with the Capital Development Board, the Governor’s Office of Management and Budget, and institutional contacts for capital matters

10% Provides analysis, reporting, and fiscal impact of the state’s higher education capital program, and coordinates and collaborates with other Agency staff on special fiscal analysis

5% Other duties as assigned within scope of position

Requirements and Qualifications

1.            Any one or combination totaling four (4) years (48 months) from the categories below:

  • college coursework comparable to that in a field related to financial analysis/planning such as accounting, business administration, economics, finance, statistics, or a closely related field
  • 30 semester hours equals one (1) year (12 months)
  • Associate Degree (60 semester hours) equals eighteen (18) months
  • 90-semester hours equals two (2) years (24 months)
  • Bachelor’s Degree (120 semester hours) equals three (3) years (36 months)
  • Master’s Degree equals four (4) years (48 months)
  • work experience in developing financial or economic analyses, research designs, strategic plans, or data models

2.            One (1) year (12 months) of professional level progressively responsible financial work experience

Skills and Traits

  • Experience with capital planning, budgeting and project management, strongly preferred
  • Knowledge of public higher education 
  • Knowledge of public budgeting process
  • Experience with fiscal analysis and planning
  • Strong project management and time management skills
  • Proficient in Microsoft products including Microsoft Excel
  • Knowledge and experience in preparation and analysis of financial reports
  • Knowledge of federal, state and university finances preferred
  • Skill in written, oral, and interpersonal communication
  • Ability to prioritize tasks and functions
  • Ability to work independently to accomplish goals
  • Ability to design and implement solutions to complex problems

 ​Work Hours: 8:00am-4:00pm Mon-Fri
Work Location: 1 N Old State Capitol Plz Springfield, IL 62701-1323**

**IBHE offers remote and hybrid work arrangements, based on position and supervisor discretion. IL Residency is required. Travel within Illinois is expected, as required by the work.   
Agency Contact: IBHE Human Resources
Email: humanresources@ibhe.org
Phone #: (217) 782-2551
Posting Group: Fiscal, Finance & Procurement

 

The main form of communication will be through email. Please check your “junk mail”, “spam”, or “other” folder for communication(s) regarding any submitted application(s). You may receive emails from the following addresses:

  • donotreply@SIL-P1.ns2cloud.com
  • systems@SIL-P1.ns2cloud.com


Nearest Major Market: Springfield

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