Financial Analyst
3 weeks ago
The Finance Department is responsible for all accounting, banking, payroll, budget, internal control, tax, audit and financial reporting for the Foundation. The team is also responsible for maintaining the financial enterprise systems and end user support and training on those systems.
The Financial Analyst is an integral part of the Financial Planning and Analysis (FP&A) team within the Finance Department, who has developed a broad knowledge of FP&A practices. The Financial Analyst will primarily assist the Finance Manager in the maintenance and support of accounting, budget and financial systems and related processes as well as maintaining dashboards, scorecards and other enterprise level operational metrics for the Foundation.
The Financial Analyst will partner with finance and non-finance stakeholders across all major functions of the Foundation and will support business leaders through reporting and variance analysis. The ideal candidate will collaborate with our accounting team during month-end close periods and function as the system administrator of our consolidation and reporting software, have the ability to synthesize information and develop data-driven presentations for senior leadership. In addition to supporting the financial planning and analysis functions within the Finance Department, the Financial Analyst drives change and provides insight into leveraging existing financial systems to improve current processes related to operational transactions, budgeting and forecasting, with active contribution of ideas, opinions, and skills toward the achievement of common goals, and partnership with other knowledgeable experts as to what is best for customers and the Foundation.
Job Description
Essential Duties and Responsibilities :
Budgeting and Forecasting
Support FP&A team with the annual budget development cycle including but not limited to budget planning and monthly forecasting and periodic spending plan modeling
Support the monthly forecast process and analyze variances between actual results and budget/forecast, identifying key drivers
Partner with key business leads across all cost centers to lead the budget and forecast formulation and execution and provide insights into future financial performance
Assist with preparation of agenda and meeting materials for monthly Budget Update meetings with senior leadership
Assist with preparation of internal financial and budget reports for Board Budget and Compensation Committee meetings, including variance analysis
Support FP&A team with preparation and maintenance of cash forecasts, charitable payout forecasts, grant funding source forecasts
Responsible for the accuracy and functionality of Workday Adaptive Planning system
Serve as budget administrator for Finance cost center; prepare annual administrative expense budget and update monthly administrative expense forecasts
Financial Modeling
Develop and maintain financial models to support budgeting, forecasting, strategic initiatives, business plans, and cash management decisions
Provide insightful financial analysis and reporting to support key decision-making
processes within the organization
Conduct sensitivity analyses to assess the impact of different spending scenarios
Reporting and Analysis
Develop, maintain, and monitor recurring periodic financial scorecards, key performance indicators (KPIs), and models to support the Foundation’s strategic planning process. This includes collecting industry benchmarks, developing and updating KPIs, tracking performance against targets, identifying trends, and making recommendations to improve operational efficiencies
Leverage Workday ERP system to define, generate and monitor KPIs in support of Foundation-wide initiatives across programs and departments; support Business Intelligence with data validation and accuracy
Build specific MacArthur Foundation knowledge and general private foundation sector knowledge to develop a strong understanding of relevant financial metrics
Prepare comprehensive monthly, quarterly and annual financial reports, dashboards and presentations, highlighting key findings, trends and areas of expense savings and process improvement opportunities. This includes analyzing financial results, preparing variance analyses, and communicating key findings to stakeholders
Conduct thorough financial analysis, including variance analysis, trend analysis, and scenario modeling, to provide actionable insights and recommendations to the senior leadership
Partner with programs and departments to implement solutions that effectively visualize KPI data for easy interpretation and analysis. This includes creating and maintaining dashboards and scorecards to allow for transparent business processes and comprehensive reporting of financial data
Strategic Planning
Collaborate with programmatic and departmental teams to develop and implement financial plans and strategic initiatives. This includes working with budget administrators and budget owners to understand their financial needs and providing guidance on financial matters
Analyze financial data and provide insights to senior management to support decision-making. This includes identifying trends, risks, and opportunities and making recommendations to improve operational efficiencies
Identify process improvements to reduce process cycle times, improve financial forecast quality, and enhance information provided to leadership for business decisions
Collaboration
Work closely with cross-functional teams to gather relevant financial information and ensure alignment with Foundation goals; build trusted relationships and gain an understanding of relevant business drivers unique to each team
Build and maintain robust driver-based forecasting models in partnership with cross-functional business leaders
Demonstrate intellectual curiosity and manage interdependencies on other Foundation processes to meet Finance deadlines
Ad-Hoc Analysis and Continuous Improvement
Support ad-hoc financial analysis and special projects as needed. This includes providing financial analysis and support for new grantmaking initiatives, new software platforms, and other strategic projects
Respond to inquiries from stakeholders across Foundation programs and departments regarding financial performance and projections
Identify opportunities for process improvements within the FP&A function
Stay updated on industry trends and best practices in financial planning and analysis
Qualifications:
A bachelor’s degree in finance, business or related field
Three (3) to five (5) years Financial Planning & Analysis experience, or directly related finance/accounting experience
Excellent written and oral communication and presentation skills as well as superior quantitative acumen and organizational skills
Experience with the use of ERP systems; Workday Financials and Adaptive Planning experience is a plus
Experience with data analysis, trend analysis, financial modeling and scenario planning
Advanced knowledge of Microsoft Excel and PowerPoint; experience in visual storytelling with data using both applications
A willingness to advance your understanding of finance and accounting, particularly with financial statements, reporting variances/drivers, and scenario analysis; advanced knowledge of budget and forecast principles.
Strong quantitative skills, with the ability to interpret complex financial data and draw meaningful conclusions
Resourceful, detail-oriented mindset for continuous improvement
Ability to collaborate in team environment, work independently, coordinate the efforts of others and work well with colleagues at a wide range of levels
Proven track record of critical thinking, performing comprehensive analysis, synthesizing data, and communicating insights in a clear and concise way
The position is currently hybrid and based in Chicago, Illinois.
Annual starting salary for this role will start at $98,800.
Physical Requirements and Work Environment
The work environment is an office setting. Intermittent physical activities will include bending, reaching, sitting, and moving around the office during working hours. Reasonable accommodations may be made to enable a person with physical disabilities to perform the job.
The John D. and Catherine T. MacArthur Foundation supports creative people, effective institutions, and influential networks building a more just, verdant, and peaceful world. MacArthur is placing a few big bets that truly significant progress is possible on some of the world’s most pressing social challenges, includingover-incarceration ,global climate change ,nuclear risk , and significantly increasingfinancial capital for the social sector . In addition to theMacArthur Fellows Program , the Foundation continues its historic commitments to the role ofjournalism in a responsible and responsive democracy, as well as the strength and vitality of our headquarters city,Chicago .
MacArthur is one of the nation's largest independent foundations. Organizations supported by the Foundation work in about 50 countries. In addition to Chicago, MacArthur has offices inIndia ,Mexico , andNigeria .
#J-18808-Ljbffr
-
Senior Financial Analyst
1 week ago
Chicago, United States Creative Financial Staffing Full timeSENIOR FINANCIAL ANALYST - Why take a Senior Financial Analyst position with this company? Company has grown tremendously over the last year organically and through merger and acquisitions. Career path for this person is to move into a Manager role down the line Hybrid and flexible schedule Full benefits to include healthcare, 401k w/match, unlimited PTO...
-
Valuation Reporting Analyst
2 weeks ago
Chicago, United States Valuation Reporting Analyst Full timeSeeking a Valuations Systems Platform Analyst/Administrator for a direct hire opportunity in Chicago. Based in Chicago, Illinois, the Valuation Reporting Analyst will serve as a key member of our Client’s Global Business Enablement team, with the primary role of supporting the technology underlying their proprietary valuation model. The Valuation Reporting...
-
Financial Analyst
1 week ago
Chicago, United States Tailored Management Full timeSenior Financial Analyst, Supply Chain Finance Lake Forest, IL 60045 posted 05/03/2024 More... front runner Financial Analyst III Experis Lake Bluff, IL 60044 posted yesterday More... Lake Forest, IL 60045 posted 04/12/2024 More... front runner Financial Analyst Global Technology Associates Chicago, IL 60701 posted yesterday More... front runner Financial...
-
Financial Analyst
6 days ago
Chicago, United States CDW Full timeFueled by our shared passion and expertise, CDW delivers innovative technology solutions for our customers. We're also committed to fostering an environment that embraces collaboration, celebrates integrity, inclusivity, and individuality, and paves Financial Analyst, Financial, Financial Planning, Analyst, Accounting, Banking, Technology
-
Financial Analyst
2 days ago
Chicago, United States LHH Full timeOur client is a global organization that is headquartered in Chicago. Their finance and accounting department consists of over 200 highly accredited professionals who enjoys total work life balance and a rich benefits package and perks including over 4 weeks of vacation, in office gym, and fully stocked kitchens on every floor. They are seeking a Financial...
-
Financial Analyst
15 hours ago
Chicago, United States LHH Full timeOur client is a global organization that is headquartered in Chicago. Their finance and accounting department consists of over 200 highly accredited professionals who enjoys total work life balance and a rich benefits package and perks including over 4 weeks of vacation, in office gym, and fully stocked kitchens on every floor. They are seeking a Financial...
-
Financial Analyst
1 week ago
Chicago, United States LHH Full timeOur client is a global organization that is headquartered in Chicago. Their finance and accounting department consists of over 200 highly accredited professionals who enjoys total work life balance and a rich benefits package and perks including over 4 weeks of vacation, in office gym, and fully stocked kitchens on every floor. They are seeking a Financial...
-
Senior Financial Analyst
3 weeks ago
Chicago, United States Katalyst Group Full time $70,000 - $85,000Senior Financial AnalystKatalyst Group is recruiting for a Senior Financial Analyst on behalf of a non-profit delivering tremendous impact to the communities it serves through the delivery of healthcare and education-based services.Job Overview:The Senior Financial Analyst will play a vital role in performing financial planning and analysis activities for...
-
Financial Analyst
4 days ago
Chicago, United States Strategic Staffing Solutions Full timeSTRATEGIC STAFFING SOLUTIONS HAS AN OPENING! This is a Contract Opportunity with our company that MUST be worked on a W2 Only. No C2C eligibility for this position. Visa Sponsorship is Available! The details are below. Financial Analyst Duration- 3+ months Location- Chicago, IL Hybrid schedule Job Order #:235026 Role Overview: Support updating the annual...
-
Senior Financial Analyst
7 hours ago
Chicago, United States Jones Lange Lasalle, Inc. Full timeFinancial Analysis. Detailed forecast analysis including Budget versus Actual spending and Forecast verses Actual spending for a large Real Estate portfolio. Annual Budget/ Quarterly Reforecast planning preparation and development. Assist leaders in Financial Analyst, Financial, Analyst, Senior, Skills, Technology, Property Management
-
Senior Financial Analyst
4 weeks ago
Chicago, United States LaSalle Network Full timeLaSalle Network has partnered with a leading rehabilitation center known as the "sandbox for innovation." They specialize in treating the most complex/severe brain and spinal cord injuries, amputations and rare forms of cancer. Our client is seeking a highly motivated Senior Financial Analyst to join their growing team. The Senior Financial Analyst will play...
-
Senior Financial Analyst
3 weeks ago
Chicago, United States LaSalle Network Full timeLaSalle Network has partnered with a leading rehabilitation center known as the "sandbox for innovation." They specialize in treating the most complex/severe brain and spinal cord injuries, amputations and rare forms of cancer. Our client is seeking a highly motivated Senior Financial Analyst to join their growing team. The Senior Financial Analyst will play...
-
Senior Financial Analyst
4 weeks ago
Chicago, United States LaSalle Network Full timeLaSalle Network has partnered with a leading rehabilitation center known as the "sandbox for innovation." They specialize in treating the most complex/severe brain and spinal cord injuries, amputations and rare forms of cancer. Our client is seeking a highly motivated Senior Financial Analyst to join their growing team. The Senior Financial Analyst will play...
-
Senior Financial Analyst
2 weeks ago
Chicago, United States LaSalle Network Full timeLaSalle Network has partnered with a leading rehabilitation center known as the "sandbox for innovation." They specialize in treating the most complex/severe brain and spinal cord injuries, amputations and rare forms of cancer. Our client is seeking a highly motivated Senior Financial Analyst to join their growing team. The Senior Financial Analyst will play...
-
Financial Analyst
2 weeks ago
Chicago, United States Strategic Staffing Solutions Full timeSTRATEGIC STAFFING SOLUTIONS HAS AN OPENING!This is a Contract Opportunity with our company that MUST be worked on a W2 Only. No C2C eligibility for this position. Visa Sponsorship is Available! The details are below.Financial Analyst Duration- 3+ months Location- Chicago, IL Hybrid scheduleJob Order #:235026Role Overview: Support updating the annual plan...
-
Financial Planning
3 weeks ago
Chicago, United States IFG International Financial Group Ltd Full timeIFG's client, a Real Estate company in downtown Chicago is looking for a Financial Planning & Analysis (FP&A) Analyst to join their corporate team. The successful candidate will be heavily involved in maintaining and developing financial models for the company and certain joint ventures, analyzing performance, and communicating financial results to the...
-
Financial Analyst
3 weeks ago
Chicago, United States Strategic Staffing Solutions Full timeSTRATEGIC STAFFING SOLUTIONS HAS AN OPENING! This is a Contract Opportunity with our company that MUST be worked on a W2 Only. No C2C eligibility for this ;Visa Sponsorship is Available! The details are below. Financial Analyst Dur...
-
Financial Analyst
8 hours ago
Chicago, United States City of Chicago Full time**Job Number**:395514** **Description** **JOB ANNOUNCEMENT** **FINANCIAL ANALYST** **DEPARTMENT OF PLANNING & DEVELOPMENT** **Bureau of Finance** **Number of Positions: 2** **(additional vacancies possible pending budget approval)** **Starting Salary: $67,656.00** - The Department of Planning and Development (DPD) is seeking a Financial Analyst who...
-
Financial Analyst
5 days ago
Chicago, United States MacArthur Foundation Full timeThe Finance Department is responsible for all accounting, banking, payroll, budget, internal control, tax, audit and financial reporting for the Foundation. The team is also responsible for maintaining the financial enterprise systems and end user support and training on those systems. The Financial Analyst is an integral part of the Financial Planning and...
-
Financial Analyst
1 week ago
Chicago, United States MacArthur Foundation Full timeThe Finance Department is responsible for all accounting, banking, payroll, budget, internal control, tax, audit and financial reporting for the Foundation. The team is also responsible for maintaining the financial enterprise systems and end user support and training on those systems. The Financial Analyst is an integral part of the Financial Planning and...