Financial Analyst

POSITION SUMMARY:

The Senior Financial Analyst’s primary responsibility is the preparation of the annual budget, including overseeing the University’s budgeting processes. This position reports to the VP for Finance/CFO and assists in short and long-term analysis and projections of fiscal activity, including cash flow and revenue/expense projections.

ESSENTIAL FUNCTIONS:

• Provides primary institutional support during budget process deliberations and throughout creation of the annual and multi-year budget models.
• Reviews and approves departmental budget and expense transfer requests.
• Prepares monthly and annual budget to actual analysis for the University.
• Maintains budgetary accounts within the University’s general ledger; reconciles budget within the GL to the budget model.
• Analyzes University budget execution; prepares variance, trend and other analytical reports as necessary.
• Communicates budget variances within departmental budgets to the Controller and area Vice Presidents. Communicates with departments over budget to discuss ways to finish the year on budget.
• Assists in the creation and monitoring of departmental operational budgets; providing departments with tools to allocate their annual budgets.
• Analyzes and summarizes current year budget spending/revenues; identifies areas of concern; makes recommendations regarding the budget (short-term and/or long-term).
• Partner with Human Resources to validate and track budget funding for all employee positions including the impact on future year budgets.
• Work with the Provost office to ensure faculty contracts are within budget.
• Prepares annual sustainability reports.
• Assists the Controller and Vice President for Finance/CFO in developing the University’s multi-year business plan. Prepares correspondence, drafts recommended changes, and communicates with senior level administrators and Board Committees.
• Implements strategies for improving the budget process.
• Perform related duties as assigned by the Vice President for Finance/CFO or Controller.

MINIMUM QUALIFICATIONS:

• Bachelor’s degree in Accounting, Finance, Economics, Business Administration or equivalent with emphasis in the above
• Knowledge of general accounting practices/procedures, especially as it relates to non-profit organizations
• Two years FP&A or accounting experience in budget preparation and analysis
• Advanced level experience in MS Excel
• Must be able to maintain a high level of confidentiality of accounting and personnel data
• Knowledge of tactical and strategic budgeting within University mission, operations and policies
• Exhibit exceptional organizational skills and the ability to work with minimal supervision; must have the ability to meet deadlines and maintain schedules
• Knowledge of relevant office procedures, terminology and the understanding of complex mathematical formulas
• Ability to communicate effectively, both orally and in writing; must be positive and highly collaborative
• Ability to convert and organize data into meaningful information with speed and accuracy
• Effectively maintain relationships with staff and faculty in a professional demeanor
• Knowledge and acceptance of mission and principals of Vanguard University
• Must be extremely detailed and work with high accuracy

ADDITIONAL QUALIFICATIONS:

• Experience working in higher education
• Knowledge of and experience in Ellucian Colleague
• Knowledge of and experience in Synoptix Software Suite
• Knowledge of NACUBO best practices

SALARY:

Full-time position, $69,000-$80,000 (Annual). Salary is commensurate with education and experience and includes a generous benefits package.