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Financial Analyst
2 months ago
Stevens Institute of Technology, a renowned national research university, invites applications for a Financial Analyst to join the Financial Planning, Budgeting, and Analysis (FPB&A) Group. Reporting to the Manager of FPB&A, the Financial Analyst will assist with budget planning, provide reporting and analyses on financial activities, forecast/projections, and provide operational support for the Workday Adaptive Planning system.
Key Responsibilities:- Research and synthesize large amounts of data; identify trends, draw conclusions, develop solutions, present, and implement recommendations, and create follow-up analysis.
- Gather information for reports and special projects and establish and maintain budget files and supporting schedules.
- Assist Manager and Associate Director in preparing ad-hoc analyses, reports, and data analytics to support the annual operating and multi-year operating and capital budget processes, including in-year budget monitoring and forecasting.
- Process budget transfer requests in KFS, and review and approve job requisitions in Workday.
- Perform research on industry best practices and benchmarks to support the budget process and senior leadership decision-making.
- Leverage technology to improve efficiency and effectiveness to enable fact-based, timely, and collaborative decisions that enhance the mission of Stevens and its respective departments.
- Assist in the development and maintenance of budget and planning software solution, currently Adaptive Planning. Research budgeting system integration failures and assist in root cause analyses. Perform ongoing reconciliations and audits of data to ensure data integrity. Design and deliver end-user training on financial systems. Assist in monthly maintenance of budgeting system.
- Develop, assess, and continuously improve systems and processes to achieve greater efficiencies and improve internal controls.
- Perform budget coordinator duties for assigned areas on campus, including but not limited to: facilitating the annual budget formulation process; performing and reviewing budget adjustments and personnel changes for accuracy and compliance with university guidelines and/or policies; generating monthly and quarterly reporting, forecasting, and analysis; conducting quarterly budget meetings with financial staff and leadership from assigned campus areas; and ad-hoc report creation.
- Bachelor's degree required; concentration in accounting, finance, or other relevant fields preferred.
- Minimum 3 years of progressive demonstrated success in an FP&A position or related position with similar duties.
- Excellent analytical, research, and problem-solving skills with attention to detail and ability to manage competing deadlines.
- Ability to summarize analytical work and present findings in a visually compelling way.
- Demonstrated advanced Excel skills and ability to design complex spreadsheets and pivot tables utilizing advanced formulas (Power Query, Power pivots, x-lookup, conditional formatting, etc.).
- Highly collaborative working style with excellent consultative, problem-solving, communication, and customer service skills.
- Strong organizational skills, and ability to use them in a fast-paced, highly productive environment.
- A commitment to quality, innovation, and process improvement with an emphasis on collaborative teamwork and high customer service standards.
- Ability to plan and direct projects and to lead innovative, strategic initiatives.
- Personal maturity and the ability to work with and maintain confidential information are essential.
- Experience with Adaptive Planning software, Workday HCM, and/or Workday Financials.
- Experience working with Power BI or other data visualization tools.
- Experience in a college or university, or other not-for-profit institution.