Sr. Financial Analyst

As a community, the University of Rochester is defined by a deep commitment to Meliora - Ever Better. Embedded in that ideal are the values we share: equity, leadership, integrity, openness, respect, and accountability. Together, we will set the highest standards for how we treat each other to ensure our community is welcoming to all and is a place where all can thrive.

Job Location (Full Address):

435 Alumni Rd, Rochester, New York, United States of America, 14627

Opening:

Worker Subtype:

Regular

Time Type:

Full time

Scheduled Weekly Hours:

40

Department:

220540 Deans Office SEAS

Work Shift:

UR - Day (United States of America)

Range:

UR URG 112

Compensation Range:

$70,197.00 - $105,295.00

The referenced pay range represents the minimum and maximum compensation for this job. Individual annual salaries/hourly rates will be set within the job's compensation range, and will be determined by considering factors including, but not limited to, market data, education, experience, qualifications, expertise of the individual, and internal equity considerations.

Responsibilities:

The Sr Financial Analyst performs in an independent manner with a wide range of financial and administrative responsibilities as it pertains to Hajim School of Engineering and Applied Science, reporting to the Director of Finance, Hajim School of Engineering and Applied Sciences. These responsibilities include budgeting, forecasting, building financial models, assisting with financial planning, performing research and analysis, and preparing reports for the supported areas. Meets with project participants (e.g., Department Chairs, faculty, staff, administrative personnel, vendors, etc.) to develop, formulate, improve, and/or update projects and systems, databases, etc.

A primary responsibility of the Sr Financial Analyst is to develop and manage the databases and systems to support sponsored research administration and operations, appropriately cross-train staff, and develop procedures in the utilization of these systems. In doing so, the Sr Financial Analyst will gather information, analyze and interpret data to be compliant with institutional policies, complete projects related to technology, research accounting, human resources, space, equipment, etc., and appropriately disseminate information to key personnel. The Sr Financial Analyst will develop goals and protocols or procedures and recommend methods or systems for streamlined workflow or improvements to operations across Hajim departments

This position will support the academic research activity in Hajim with multiple accounts (operating, new faculty start-ups, grants, gifts, and other special accounts) based on need within the school. Serves as the primary accounting and contact person for a 20-25 faculty caseload in matters related to grant budgets and expenditures.

ESSENTIAL FUNCTIONS

• Assists Grants and Contracts Administrators with budgets for grant proposals. Works with the Office of Research and Project Administration (ORPA) to set up and maintain funded projects. Projects expenditures required for annual reports to funding agencies. Works with the Office of Research Accounting and Costing Standards (ORACS) on annual and end-of-project financial reports used to close out grants.

• Manages grant budgets and acts as a liaison between principal investigators, ORPA, and ORACS for all grant related activities and requirements. Oversees grant closeout and extension request process. Responsible for account reconciliation, variance analysis, financial forecasts. Make recommendations based on data analytics of financial position of their research portfolio and provide decision support to Dean, Department Managers, Chairs, and principal investigators.

• Works extensively with accounting staff and collaborates with other members of Hajim. Responsible for the data integrity of accounting systems to ensure timely and accurate financial reporting. Oversees and audits accounting functions; monitors expenditures and other related activities to ensure compliance with internal and sponsor regulations. Meets regularly with the department Administrator and Chair of their caseload to discuss status of finances.

• Supports the Director of Finance with the budget development process for Hajim School of Engineering and Applied Sciences.

• Manages accounts and prepares reports tailored to the needs of Hajim School including forecasting expenditures to start-up accounts, operating budgets, grants, gifts, and other special accounts.

• Assists with the academic year salary recovery reports.

• Consults with university auditors on policy and procedural questions.

• Administers department policy for the use of incentive funds.

• Collaborates with the department staff to complete the University Space and Equipment surveys.

• Works with the department staff on summer salary for faculty in their caseload.

• Other duties as assigned

MINIMUM EDUCATION & EXPERIENCE

• Bachelor’s degree in business administration or accounting Required

• Masters degree preferred

• 5-6 years’ experience in academic department/university accounting Required

KNOWLEDGE, SKILLS AND ABILITIES

• Must possess strong knowledge of Microsoft Suite (Word, Excel, Outlook), and be comfortable working within web-based systems preferred.

• Must also be familiar with accounting software such as Workday and IORA preferred.

• Ideal candidate will have excellent accounting skills preferred.

• Strong interpersonal, written, and verbal communication skills, and analytical skills are essential preferred.

• Position calls for professionalism, confidentiality, tact, diplomacy, and organization preferred.

LICENSES AND CERTIFICATIONS

• CLASP certification preferred or must be completed within one year of hiring.

The University of Rochester is committed to fostering, cultivating, and preserving an inclusive and welcoming culture to advance the University’s Mission to Learn, Discover, Heal, Create – and Make the World Ever Better. In support of our values and those of our society, the University is committed to not discriminating on the basis of age, color, disability, ethnicity, gender identity or expression, genetic information, marital status, military/veteran status, national origin, race, religion, creed, sex, sexual orientation, citizenship status, or any other characteristic protected by federal, state, or local law (Protected Characteristics). This commitment extends to non-discrimination in the administration of our policies, admissions, employment, access, and recruitment of candidates, for all persons consistent with our values and based on applicable law.

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Learn. Discover. Heal. Create.

Located in western New York, Rochester is our namesake and our home. One of the world’s leading research universities, Rochester has a long tradition of breaking boundaries—always pushing and questioning, learning and unlearning. We transform ideas into enterprises that create value and make the world ever better.

If you’re looking for a career in higher education or health care, the University of Rochester may offer the perfect opportunity for your background and goals.

At the University of Rochester, we are committed to fostering, cultivating, and preserving an inclusive and welcoming culture and are united by a strong commitment to be ever better—Meliora. It is an ideal that informs our shared mission to ensure all members of our community feel safe, respected, included, and valued.