Financial Analyst

Financial Analyst 2

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Reports to the Chemistry Department Operations Manager. In concert with the Operations Manager and Lead Administrator, builds financial plans and budgets for the department. Provides comprehensive financial information, analysis and reporting to monitor and evaluate the use of departmental financial resources. Reviews and evaluates departmental financial activity against budget plan. Recommends adjustments and after approval by Operations Manager and/or Lead Administrator acts as appropriate. Identifies, communicates, and addresses financial issues/concerns in a timely and appropriate manner. Oversees daily financial monitoring and transactions and completes the monthly Financial Review Checklist. Provides support for financial inquiries. Identifies both current and future available financial resources and makes recommendations for best use in support of department objectives. Prepares budgets for all departmental funds. Gathers historical information to inform decision making, provide analysis, and quality control. Works with the analysts of Faculty Resource Management Service to research and analyze faculty funding challenges and opportunities and presents options to the Operations Manager and Lead Administrator. Provides financial support for University Service Providers. Serves as the departmental resource for regulations, policies, procedures, and requirements relating to financial matters.

The Financial Analyst 2 is responsible for providing insightful financial analysis and reporting to support informed decision-making by leadership. The role involves identifying risks and trends, recommending improvements to systems and processes, and ensuring compliance with policies and procedures. Key duties include preparing and analyzing budgets, financial reports, and forecasts; conducting detailed financial modeling; managing financial transactions; and supporting various departments with high-level financial analysis. The Financial Analyst 2 collaborates with multiple stakeholders, maintains strong internal controls, and contributes to the continuous improvement of financial practices and systems.

Required Skills and Abilities 1. Strong analytical and quantitative skills with proficiency in financial modeling and data analysis. 2. Excellent oral and written communication skills, with the ability to adapt communication style to various audiences. 3. Advanced computer skills, particularly in Microsoft Excel, Word, and other relevant software. 4. Ability to manage multiple priorities, meet deadlines, and operate effectively in a fast-paced environment. 5. Demonstrated ability to work independently and as part of a team, showing initiative and problem-solving abilities. Preferred Skills and Abilities 1. Bachelor's degree in Accounting, Finance, Business, or a related field with relevant experience. 2. Knowledge of financial and economic concepts, accounting principles, and financial analysis techniques. 3. Experience with financial management systems such as Workday and relevant databases. 4. Demonstrated ability to handle complex financial processes, including compliance with federal regulations and university policies. 5. Advanced degree (e.g., MBA, MHA) and experience in academic or healthcare settings is desirable.

Principal Responsibilities 1. Financial Modeling and Forecasting. Provides technical analysis to determine present and future financial performance. Organizes information from a variety of sources for use in analyzing future plans and forecasts. Collaborates with all levels of management, both internally and externally, to gather, analyze, summarize, prepare, and present recommendations regarding financial plans and other complex financial matters. Researches and evaluates information to resolve issues and makes recommendations. Develops and/or executes complex financial models. 2. Financial Analysis and Reporting. Analyzes and synthesizes information and designs and creates accurate and timely reports. Designs financial reporting to meet the compliance needs of internal and external users. Extracts and consolidates data from multiple sources. 3. Financial Methods and Systems. Contributes to the planning and improvement of practices, processes and systems. Collaborates with all levels of internal and external contacts to carry out department goals. Provides a high level of service that cultivates and maintains strong working relationships and communicates effectively; takes ownership and accountability for timeliness, accuracy and relationship management. 4. Strategic Resource. Translates department finance goals into objectives. Identifies and raises potential financial opportunities, issues, risks, ideas and solutions. Identifies the appropriate stakeholders to include in consultations, communications, approvals or buy-ins for designing and implementing changes. 5. Compliance and Risk Management. Establishes, implements and/or maintains strong internal controls in areas of assigned responsibility to provide reasonable assurance of effective and appropriate resource use, accurate financial information, and adherence to contractual obligations and agreements, policies, procedures, and external regulatory requirements. 6. Mentors, leads and/or supervises staff. 7. May perform other duties as assigned.

Required Education and Experience Bachelor's degree in Accounting, Business, Economics or Finance and four years of related experience or an equivalent combination of education and experience. Demonstrated application of financial, accounting and economic concepts.