Financial Analyst

Position Summary InformationJob Description Summary The Financial Analyst is responsible for providing and managing budget planning and financial analysis services, from both operating and capital perspectives, to supported business areas within the College including but not limited to Undergraduate School, IT, Facilities, Debt Management, Human Resources & Benefits. Works with the SAVP and the Director, Budget and Financial Planning to develop, implement, and maintain activity-based/program-specific budgets and perform routine and ad-hoc financial analyses. The Financial Analyst serves as a subject matter expert on the budgets and financial planning of his/her supported business areas, fully understands the divisional budget needs, and balances available resources and competing projects. Specifically responsible for maintaining the integrity of related budgets and accounts; assisting the development of the College's Current Year and Five Year Financial Plans; reviewing the monthly financial performance of each business area with the Budget Office team and supported internal customers; preparing major activity & program-based reporting and financial analysis; and participating in Workday Financial implementations. Essential Responsibilities o In collaboration with Budget Office, College leaders, and divisional budget managers, develops departmental budgets including account set-up, assists business area leaders in revenue and expense analyses, and provides consultation services regarding quarterly and year-end projections. o Works closely with supported internal customers to develop divisional, and/or activity/program based budgets, including creating monthly financial reports to evaluate financial performance against budgets; and identifying budgetary issues and providing recommendations. o Plays a key role in the development, implementation, and maintenance of the Workday Financial budget and project budget. o Completes financial analyses in the areas of revenues and expenses, and capital plans/projects; develops and maintains the related reporting mechanisms. o Develops, implements, and maintains formal system based business segment and activity/program based reporting, emphasizing revenue and expense drivers, key metrics, and trend analyses. o In collaboration with the Director, serves as an internal consultant for the College's budgeting software and assists in maintaining and refreshing the College's Workday Financials, Adaptive, and Microsoft Excel models; and further developing and maintaining the College's five-year financial planning database, supporting schedules, accounts, budgets and reports. o Plays a key role in development and maintenance of the College-wide capital budgets, which consists of the Facilities and IT Capital Budgets, and financial plans including the related funding (cost of capital) sources, committed project expenses, related cash flow analysis, and operational expense impact; serves on RFP teams and supports the college's Facilities Master Plan's capital management. o Assists in developing the quarterly board meeting material for the Facility Committee and Finance Committee, in collaboration with the Budget Office and divisional leaders. o Participates in the five-year financial planning process by preparing ad-hoc reports and financial analysis, as well as reviewing detailed financial models relating to the plan. o Works closely with Fixed Assets Accountant in term of capitalization of assets, depreciation, and debt related projections. o Assists in the development and management of the quarterly projection process for supported areas, including the resource reallocation and financial system reconciliation processes. Supports departments to ensure budget projection data is complete and accurate, and analyzes and reports on the results. o Completes special projects as identified by management that analyzes work processes, identifies critical paths and redundancies, costs, performance measures, and potential areas for financial improvement opportunities across all campus-wide business areas. o Creates management tools such as cost or projection models, budget forms, and templates to guide departments through desired process change. Develops tools to secure ongoing compliance for the enhanced operational processes. o Works with budget managers, including Deans & Vice Presidents, regarding the College budget and extraordinary funding issues. o Supports special cost and revenue accounting analysis as well as comparative institutional data; supports institutional research and benchmarking projects. o Assumes additional responsibilities as required. Supervises: Contracted outside consultants Student workers/interns Project team members as needed Minimum Experience Education Requirements: Minimum Level of Education Required: Bachelor's Degree in Accounting or Finance or Business Position Knowledge/Skills & Abilities Requirements: o A minimum of 5-8 years of related experience. o Excellent communication, interpersonal, and problem-solving capabilities. o Understanding of financial and budgeting systems/software and how to use them effectively. o Experience providing timely and complete monthly financial/budget/activity & program based reporting. o Ability to provide strong customer service while adhering to established policies and procedures. o Strong quantitative and qualitative analytical skills, applied across problems of varying nature and scope. o Experience managing complex projects with multiple stakeholders and long timelines. Demonstrated ability to drive projects to successful completion. o Demonstrated effectiveness in working with a diverse student body, faculty, staff and other constituents o Strong computer skills including proficiency in Workday Financials, Adaptive and Microsoft Office (Word, Excel, Access, PowerPoint). o Envisions and proposes new methods to perform tasks that support ET&A; takes thoughtful risks; and accepts new and ongoing initiatives, objectives, and solutions to gain sought-after results. o Anticipates and embraces change; demonstrates willingness to achieve, acquire, and utilize new skills and challenging tasks; and is flexible in changing conditions. Working Conditions: o Requires the ability to work evenings and weekends as needed during Trustee meeting's planning periods, completing quarterly projections, and finishing major assignments on time and fully. Posting Number 207-2017
Salary Range: NA
Minimum Qualification
5 - 7 years

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