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Capital Analyst

University/Agency Illinois Board of Higher Education
Civil Service Classification Financial Analyst/Planner Specialist
View Class Spec Details
Posting Duration 12/17/2024 - 2/1/2025
Probationary Period 6 months

Job Description

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.
The ideal candidate will have:
• A minimum of a Bachelor’s degree, Master’s degree preferred
• Knowledge of and experience with public higher education, public budgeting, and analysis and planning
• Experience with capital planning, budgeting and project management, strongly preferred
• One (1) year (12 months) of professional level progressively responsible financial work experience
• Work experience in developing financial or economic analyses, research designs, strategic plans, or data models
• Strong project management and time management skills
• Proficiency 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

Major Duties & Responsibilities include:
• 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)
o Collaborates with institutions to understand facility master plans, capital and deferred maintenance needs, project progress, maintains current list of institutional priorities
o Understands and uses campus facility master plans to inform budget recommendatio


Qualifications

Position Requirements and Qualifications:
Minimum Education/Experience:
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 & 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


Salary

Starting salary commensurate with experience, not to exceed $75,000/year.


Links

Apply online


Contact Information


University/Agency Illinois Board of Higher Education
Department/College IL Board of Higher Education
Contact Human Resources
Phone Number (217) 782-2551
Address 1 N Old State Capitol Plaza
Suite 333
Springfield, IL 62701
Comments Work Location:
• 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.

We offer the state’s competitive employee benefits package.