Financial Analyst 1

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CORE JOB FUNCTIONS                                                                                                          

• Conducts financial and planning analyses as assigned by management.

• Designs and builds revenue and cost models that summarize several different scenarios around growth and expansion initiatives.

• Monitors, reviews and reports progress on departmental budgets and forecasts during the budget cycle for completeness and accuracy in accounting allocations and highlighting departments deviating from agreed targets.

• Assists with the preparation of updated financial projections on a monthly, quarterly or half-year basis.

• Performs variance and historical analysis and produces trending and predictive numerical and graphical information.

• Initiates actions to resolve any financial reporting errors.

• Creates ad-hoc reports as needed by departmental administrators and management.

• Collects, interprets, and analyzes relevant data or metrics.

• Develops and maintains reports to support plans, business decisions, operational changes, strategic plans and new services. Resolves any reporting issues.

• Makes recommendations to align policies and procedures with best practices and capitalize on financial opportunities.

• Adheres to University and unit-level policies and procedures and safeguards University assets.

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  This list of duties and responsibilities is not intended to be all-inclusive and may be expanded to include other duties or responsibilities as necessary.

  CORE QUALIFICATIONS                                                                                                         

  Education:

  Bachelor’s degree in relevant field

  Certification and Licensing:

  Not Applicable

  Experience:

  Minimum 1 year of relevant experience

  Knowledge, Skills and Attitudes:

  Knowledge of generally accepted accounting procedures and principles. Knowledge of budget control methods, policies, and procedures. Ability to prepare financial and accounting records. Ability to analyze, consolidate, and interpret accounting data. Ability to compile, organize, interpret, and communicate accounting data and results concisely. Ability to manage a budget and work within the constraints of that budget.

  DEPARTMENT ADDENDUM

  Department Specific Functions

  Specifically, the Financial Analyst will:

• Conduct in-depth financial modeling analyses intended to support decision making by the Executive Director
• Assist in building and maintaining financial databases for the annual budget process and monthly and quarterly financial reporting. This includes creating and maintaining a data governance process which ensures financial data reliability and accuracy.
• Assist with the development of financial plans and incremental cost/benefit analysis; as a key component of the budgeting process, assist with the implementation of systems that report on key financial ratios, metrics and benchmarking criteria; together with the Executive Director, prepare and periodically update long range financial projections.
• Assist in building and maintaining financial models with the use of advanced MS Excel formulas and within Anaplan, the University’s budget & modeling application.
• Extract data from various business application systems, provide detailed analysis of the data at the University, division and department levels and interpret the data.
• Assist with the development of annual budget and quarterly and annual forecasts.
• Support the Executive Director and the Assistant Vice President operationally and with other projects as needed.
• Perform at the highest professional level of all other duties as may be assigned by the Executive Director.

The University of Miami is an Equal Opportunity Employer - Females/Minorities/Protected Veterans/Individuals with Disabilities are encouraged to apply. Applicants and employees are protected from discrimination based on certain categories protected by Federal law. Click here for additional information.

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