University Budget Dashboard

I am in need of an Excel dashboard that effectively illustrates our university department's monthly financial activity, including labor and non-labor expenses, encumbrances, and our fiscal status in real-time. This dashboard will serve as a critical tool for our monthly financial reviews, enabling us to make informed decisions swiftly. Key requirements for the dashboard include: - **Monthly Expenditures Overview**: A comprehensive view of all expenses incurred within the month. - **Labor vs. Non-Labor Expenses**: Clear breakdown showing the distribution between labor costs and other operational expenses. - **Encumbrances Tracking**: To display committed funds yet to be disbursed, providing insight into future cash outflows. - **Remaining Monthly Balance**: Visibility on what is left to spend within the current month. - **Current Spending Rate (% Spent)**: A percentage representation of how much of the budget has been used. - **Year-to-Date (YTD) Position**: An analysis showing actual spend against the forecasts to track budget performance over the year. I am interested in various types of data visualizations: - **Bar Charts** - **Pie Charts** - **Line Charts** -**Pivot Tables** -**Slicer** Creative use of charts to ensure the dashboard is not only informative but also engaging and easy to interpret is encouraged. The data scope should include the current month's activities and an overview of the year-to-date financial position. **Ideal Skills and Experience:** - Proficient in advanced Excel features and data visualization tools. - Experience creating pivot tables - Experience in creating financial or budgetary dashboards. - Strong analytical skills with attention to detail. - Ability to suggest and implement dashboard design improvements. - Knowledge of financial terminologies and university budgeting is a plus. The perfect candidate will translate our financial data into a dynamic, user-friendly dashboard that empowers our department with real-time insights into our financial health. I tried starting on the dashboard but I'm not expert so if you see a better way to display information I'm open to it.