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Fiscal Analyst

$69k - $79k

State of Illinois

Job Requisition ID: 58608 
Opening Date:
09/09/2026
Closing Date:
10/07/2026
Agency:
Illinois Board of Higher Education
Class Title: 
FINANCIAL ANALYST/PLANNER SPECIALIST - R4788 
Salary:
Commensurate with experience, starting salary within the range of $69,000-$79,000/yr
Job Type:
Salaried
Category: 
Full Time  
Number of Vacancies:
1
Bargaining Unit Code: 
None
Merit Comp Code: 
Agency Excluded from Collective Bargaining Coverage
Work Hours: 8:00am-4:00pm Mon-Fri
Anticipated Hybrid Work Schedule Availability: It is required that a person reports to the headquarters on this job position as necessary (could be weekly, monthly, or other schedule) dependent on operational need
Headquarter Location:
1 N Old State Capitol Plz, Springfield, Illinois, 62701
Work County: 
**IBHE offers remote and hybrid work arrangements, based on position and supervisor discretion. IL Residency is required. Travel within IL is expected, as required by the work.
Agency Contact:
View email address on us.fitly.work

 

A resume is required as part of your application. Please attach a DETAILED Resume/Curriculum Vitae (CV) to the MY DOCUMENTS section of your application in order to be considered.

About the Illinois Board of Higher Education (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 Fiscal Analyst performs financial analysis and coordinates the development and implementation of budget recommendations for the Agency, including data collection and reporting, budget planning and development, and related research and administrative functions; serves a key role in both operating and capital reporting processes and cycles.

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

IBHE offers the State's competitive benefit package

Major Duties and Responsibilities

• 30% Coordinates data collection, data entry, validation, and data reporting associated with various required reports for the higher education system, across both operating and capital submissions
• 20% Leads and conducts financial analysis for public universities and agencies across various higher education financial policy areas, including revenue and expenditure analysis
• 20% Coordinates and performs key components of the annual operating budget development process, including collecting and validating historical data and budget requests from universities and agencies; conducting analysis; and preparing tables, materials, and recommendations for annual Board items and the Budget Book
• 20% Coordinates and conducts analysis supporting the annual capital budget development process, including review of RAMP submissions from universities and agencies, data validation, tracking, analysis, and reporting
• 5% Develops, maintains, and analyzes various institutional databases related to tuition and fee charges and student financial aid
• 5% Other duties as assigned within scope of position

Education and Experience

Required:
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
• One (1) year (12-months) of professional level progressively responsible financial work experience


Preferred:
• Knowledge of IL higher education system
• Knowledge of IL budgeting process
• Experience supporting a recurring statutory reporting cycle

Required Skills

• Strong project management and time management skills
• Proficiency in Microsoft products including Microsoft Word, Outlook, Excel, PowerPoint
• Expert level Microsoft Excel skills: Demonstrated experience working with large and complex workbooks, proficiency in developing complex formulas and functions, conditional logic, PivotTables, reconciliation techniques, and deep analysis of large datasets, experience auditing and troubleshooting workbooks including identifying formula and data inconsistencies, validating results, maintaining data traceability, and improving data collection templates
• Knowledge and experience in preparation and analysis of various financial reports
• Knowledge of federal, state and university policies including accounting practices
• Knowledge of financial systems and its relationship and interactions with other systems both internally and externally
• Excellent interpersonal skills, with a strong focus on collaboration and teamwork; ability to build and maintain positive working relationships with all stakeholders; responds to inquiries with courtesy and timeliness
• Skill in assessing organizations/institutions to propose improvements or take corrective action
• Ability to prioritize tasks and functions.
• Ability to work independently to accomplish goals.
• Ability to design and implement solutions to complex problems.
• Ability to exercise discretion with confidential and pre-decisional materials

Organizational Relationship

Position reports to the Director of Higher Education Finance Policy.
This position does not have any direct reports.

 

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:

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