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Employee-focused content

This page contains employee-focused content, and can only be accessed by the faculty and staff at BCIT. To view the content, please log in to the Loop.

Budgets and Analysis develops, coordinates, and oversees the following (each link will direct you to the corresponding loop document):

Budgeting Process: Budget activities, which lead to the development of the Institute’s annual consolidated budget.

Forecasting Process: Forecast activities, which lead to the development of the Institute’s quarterly consolidated forecasts.

Financial Analysis Reports: Regularly report on progress of actual and forecasted amounts against the budget and monitor the corrective action that is being undertaken as approved by the Leadership Team.

Operating Funds (OF): Approve, set-up, and maintain operating organization codes.

Restricted Funds (RF): Approve, set-up, maintain, and monitor externally restricted funds and ensure that the contractual spending guidelines are adhered to.

FSA Professional Development (PD) Funds: Regularly maintain, monitor, and update personal and pooled PD fund balance(s).

Position Control Numbers: Ensure that required approval has been obtained. Create and assign new position control numbers.

Security Access: Maintain and set-up user security access to Banner, Cognos reporting system, TM1 and Signing Authority.

Signing Authority: Maintain levels of signing authority

Training: Provide on-going training on the various reporting tools available for budgeting and forecasting preparation.

Contacts at the Budgets and Analysis office.