Financial Analyst, Budget and Planning Specialist

1 week ago


New York, New York, United States Columbia University Full time
Job Summary

Columbia University is seeking a highly skilled Financial Analyst to contribute to the management and execution of the university's operating budget. The successful candidate will work closely with the Director of Strategic Financial Planning and Analysis to provide analytical support and assist with the financial administration of a specific unit or set of financial activities within the university.

Key Responsibilities
  • Budget Development and Monitoring
    • Prepare worksheets and gather key data to inform the budget process.
    • Contribute to the budget submission, update entries into the university's budget tool, and help with the reconciliation of that information to the university's internal budget planning model. Review the university's COB (consolidated operating budget) reports and contribute to variance analysis.
    • Process journal entries for monthly, quarterly, and year-end close.
  • Financial Reporting and Analysis
    • Learn the business and operations of a designated program or set of financial activities.
    • Initiate transactions for the relevant set of financial activities.
    • Reconcile monthly financial statements and analyze budget variance reports; together with the Director, meet regularly with relevant stakeholders to review year-to-date activity and identify trends that will impact future budget plans. Prepare reports regarding financial activity as needed.
    • Update and reconcile complex financial and budgetary spreadsheets. Track expenditures and/or payments ensuring they are posted to proper accounts.
    • Process gift transmittals and complete regular reconciliations of gift data. Manage new fund creation requests.
  • Financial Analysis and Reporting
    • Assist with analysis of financial information and/or the preparation of regular and ad hoc financial reports at the direction of the Director and senior members of the Columbia University Finance Team.
  • Additional Responsibilities
    • Perform other related duties, assignments, and/or special projects as assigned.
Requirements
  • Bachelor's degree required.
  • Minimum of 2 years of related experience required.
  • Must be detail-oriented with strong organizational and problem-solving skills and have the ability to prioritize and manage multiple projects simultaneously.
  • Must be a self-starter and capable of operating with minimal supervision.
  • Excellent interpersonal and communication skills with a strong customer service focus.
  • Ability to work closely and effectively with a diverse group of administrators.
  • Ability to exercise discretion and handle confidential information essential.
  • Proficiency with Microsoft Office suite required, specifically Excel skills.
  • Ability to compile, manipulate, and analyze data and present financial information to end-users in a useful manner.


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