Job Opening: Financial Analyst 3 (7709U)


Position title: Financial Analyst 3 (7709U)
Salary range:  $80,000 – $90,000/annually
Percent time: Full Time

Job # 41669
Institute for Research on Labor and Employment / VC Res Organized Research Units / UC Berkeley


Open date:  August 31, 2022
Next review date: September 12, 2022.
Apply by this date to ensure full consideration by the committee.
Final date:  Job will remain open until filled.


About Berkeley

At the University of California, Berkeley, we are committed to creating a community that fosters equity of experience and opportunity, and ensures that students, faculty, and staff of all backgrounds feel safe, welcome and included. Our culture of openness, freedom and belonging make it a special place for students, faculty and staff.

The University of California, Berkeley, is one of the world’s leading institutions of higher education, distinguished by its combination of internationally recognized academic and research excellence; the transformative opportunity it provides to a large and diverse student body; its public mission and commitment to equity and social justice; and its roots in the California experience, animated by such values as innovation, questioning the status quo, and respect for the environment and nature. Since its founding in 1868, Berkeley has fueled a perpetual renaissance, generating unparalleled intellectual, economic and social value in California, the United States and the world.

We are looking for equity-minded applicants who represent the full diversity of California and who demonstrate a sensitivity to and understanding of the diverse academic, socioeconomic, cultural, disability, gender identity, sexual orientation, and ethnic backgrounds present in our community. When you join the team at Berkeley, you can expect to be part of an inclusive, innovative and equity-focused community that approaches higher education as a matter of social justice that requires broad collaboration among faculty, staff, students and community partners. In deciding whether to apply for a position at Berkeley, you are strongly encouraged to consider whether your values align with our Guiding Values and Principles, our Principles of Community, and our Strategic Plan.

At UC Berkeley, we believe that learning is a fundamental part of working, and our goal is for everyone on the Berkeley campus to feel supported and equipped to realize their full potential. We actively support this by providing all of our staff employees with at least 80 hours (10 days) of paid time per year to engage in professional development activities. To find out more about how you can grow your career at UC Berkeley, visit

UC Berkeley Labor Center

The UC Berkeley Labor Center conducts research and education on issues related to labor and employment. The Labor Center’s curricula and leadership training serve to educate a diverse new generation of labor leaders. The Labor Center carries out policy relevant research on topics such as job quality and workforce development, and works with unions, policymakers and other stakeholders to develop innovative policy perspectives and programs. The Labor Center provides an important source of research and information on unions and the changing workforce for students, scholars, policymakers and the public. This position offers an exciting opportunity to be part of a high-impact, high-visibility organization and to work with a nationally-recognized team of researchers, policy analysts, and educators.

Responsibilities Include:

The UC Berkeley Labor Center is seeking a Financial Analyst to prepare project, program, and organizational budgets as well as analyze, monitor, and reconcile financial activity. This includes multi-year forecasting, tracking income and expenses, and resource planning. The incumbent will also manage extramural funds including sponsored projects awards and fee-for-service contracts in coordination with relevant UC partners (Vice Chancellor’s Research Office, Sponsored Projects Office, SHARE Regional Research Administration, Human Resources, and Business Contracts and Brand Protection).

  • In partnership with program directors, Chair, and Deputy Chair, develops/forecasts and monitors project, grant, program, and organizational budgets in the Institute for Research on Labor and Employment’s (IRLE) Oracle budget and planning system.
  • Responsibilities around external funding include: 1) Business/fee-for-services contracts: working with program directors/PIs to develop contract/proposals and with UC partners to process and execute the agreement, track expenditures and revenue, and prepare and submit invoices to customer; 2) Sponsored projects contract and grant awards: develop proposal budgets and collaborate with UC partners to project and track expenditures, prepare sponsor-required reports, revise budgets as needed/allowable, determine need and spending plans for no-cost extensions, and reconciling final expenditures and closing funds.
  • Responsible for analyzing and forecasting multi-year project, grant, program, and organizational budgets; analyzing the use of restricted and non-restricted funds; communicating and coordinating monthly, quarterly, annual, and ad-hoc financial reviews with department Chair and Deputy Chair, directors/managers and/or staff, and IRLE financial managers; and for meeting all IRLE and campus fiscal close procedures and deadlines. Updates and maintains Labor Center Chart of Accounts roster.
  • Establishes, monitors, and updates Labor Center academic and staff personnel funding distributions (Funding Entries) in UCPath in collaboration with relevant UC Partners for recruitments and existing personnel. This includes projecting and balancing often complex mixes of campus, legislative, gift, and/or extramural funding for individuals or teams using IRLE’s Oracle budget and planning system. Performs or coordinates UCPath payroll transfers (Direct Retros). Prepares requests for financial journal transactions for UC Partners.
  • Performs complex financial or resource research and studies for both internal department and external campus constituents. Examples include generating, modifying, and conceiving of new financial or other resource reports, analyzing and forecasting budgets, gifts, endowments, or user fees, and making recommendations for maximizing financial or other resource outcomes.
  • Responsible for distributing monthly actuals and projection reports to unit directors/managers; performing monthly/quarterly key controls review; multi-year budget forecasting that complies with division and campus systems; processing financial transactions that comply with campus, university, and external policies and procedures.
  • In collaboration with the Chair and Deputy Chair, coordinates and implements unit budget allocations. Applies professional concepts to perform highly complex analysis to understand past performance and possible trends for future performance and/or resource allocations.

Required Qualifications

  • Understands basic accounting procedures like journal entry creation (including preparation of supporting documentation) and review and running basic reports
  • Able to interpret and apply internal and external policies and regulations; Knowledge of GAAP
  • Understands basic budgeting and planning concepts (trends and Capital and Operational Budgets)
  • Understands the components and interdependencies of financial statements/reports including basic statistical relationships; examples include financial statement ratios, Key Performance Indicators (KPIs) and Compounded Annual Growth Rate (CAGR)
  • Advanced proficiency in business applications, such as Microsoft Office suite, especially Excel (such as pivots, lookups, nested formulas)
  • Advanced proficiency with cross-functional enterprise financial systems and interdependencies
  • Advanced proficiency with query and reporting tools
  • Intermediate knowledge of software features such as Smartview
  • Intermediate to advanced knowledge of presentation and project management software or tools
  • Understand, apply and ensure compliance with internal policies and external regulations
  • Ability to design and perform ad-hoc analyses, incorporating checks and balances to ensure data integrity
  • Ability to construct and assemble data for budgeting, forecasting and decision making
  • Ability to identify and resolve complex issues that may span multiple areas/programs
  • Ability to develop reports and presentations of complex financial data and metrics for management and develop conclusions, and present high-level summary of recommendations
  • Understands the needs of the client; maintains positive, long-term working relationships with customers; addresses customer problems in a professional manner; personally follows through to ensure issues are resolved to meet the client’s expectations
  • Cultivates, builds and maintains good relationships with peers, subordinates and customers
  • Actively listens; clearly and effectively shares information; demonstrates effective oral and written communication skills; seeks input from others
  • Shows respect for people and their differences; works to understand the perspectives of others; supports opportunities to experience diversity on campus
  • Demonstrates integrity, accountability and efficient stewardship of University resources in a manner consistent with UC policies including the UC Standards of Ethical Conduct and safety policies
  • Bachelors degree in accounting, business, economics or related field and/or minimum of 2 years financial related experience in a multidivisional organization or similar combination of work and experience


Salary is commensurate with experience. Hiring range is $80,000 – $90,000/annually. For information on the comprehensive benefits package offered by the University visit:


Please submit your cover letter and resume as a single attachment when applying. Please upload the document in the Resume section, then skip the (optional) Cover Letter upload section:


This is a career, 100% full-time, 40-hours per week appointment, eligible for full UC benefits.

Conviction History Background

This is a designated position requiring fingerprinting and a background check due to the nature of the job responsibilities. Berkeley does hire people with conviction histories and reviews information received in the context of the job responsibilities. The University reserves the right to make employment contingent upon successful completion of the background check.

Equal Employment Opportunity

The University of California is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status. For more information about your rights as an applicant see: the complete University of California nondiscrimination and affirmative action policy see: