Senior Budget and Financial Analyst
- Employer
- Simmons University
- Location
- Massachusetts, United States
- Salary
- Salary Not specified
- Date posted
- Feb 12, 2021
View more
- Position Type
- Administrative, Business & Administrative Affairs, Financial Affairs
- Employment Level
- Administrative
- Employment Type
- Full Time
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Senior Budget and Financial Analyst
Main Campus - Boston, MA
R07255
Located in Boston's historic Fenway area, Simmons has a strong tradition of empowering women and challenging traditional gender roles. Simmons University was one of the first higher education institutions to prepare women to become leaders and has evolved to become a university offering a women's undergraduate program and graduate programs open to all. Simmons vision is to become a beacon of leadership in the world of higher education; a resource to our nation and world; known for our expertise in fields which improve the human condition; sought out for the findings of our highly reputable research and seen as the global expert in educating women for their own empowerment and for leadership.
You're joining our community at an especially exciting time as one of our strategic goals is to
become the most inclusive campus in New England. You'll find that people who work here are truly committed to our mission of preparing students to become champions of social justice and leaders in their professions and their communities. This commitment and pride make for a dynamic workplace.
Simmons University is committed to inclusive excellence in all aspects of an individual's community experience. As a university that prioritizes diversity, equity, and inclusion, we encourage applications from all under-represented groups and are focused on inclusive hiring practices-at all levels, for all positions-ensuring diverse talent pools and the delivery of a consistent positive candidate experience. Simmons is an equal opportunity employer.
Position Summary
Simmons University is seeking a Senior Budget and Financial Analyst (SBFA) who will be responsible for a broad range of financial and budgetary functions and analysis, supporting the administrative business units of the organization. This role will be responsible for preparing annual budgets and mid-year forecasts, developing financial models, creation and distribution of management reports, financial analysis, along with various analytical projects.
Reporting to the Assistant Vice President, Budget and Revenue Planning (AVP), the SBFA will work closely with senior administrators of the University to establish revenue and expense projections and monitor adherence to operating budget targets. This important position will function under limited supervision with broad latitude for decision-making and independent judgment, and have substantial fiscal responsibility to prepare, perform, and analyze fiscal and narrative reports for university budgets . Responsibilities also include special projects, requiring financial analysis, budget evaluation, and guidance for meeting fiscal management goals and objectives. This role will also serve as liaison to campus partner offices for budget inquiries, processing, and compliance such as Accounts Payable, Controller Office, and Payroll.
The University has numerous administrative and financial initiatives that provide an opportunity for deep financial analysis in support of management's goals. Simmons recently expanded the relationship with its online partner to deliver both graduate and undergraduate learning platforms; the One Simmons initiative involves significant re-investment in facilities including a new Science Center and also the planned construction of a Living and Learning Center consisting of 1,100 residential beds, a dining facility and athletics complex; and there is a need for continued careful management of institutional costs.
The Senior Budget and Financial Analyst will play a key role in supporting the AVP and the Chief Financial Officer, and in partnership with the Provost's Office, with insightful financial analysis, financial projections, and recommended actions. This role is a great opportunity for an individual who has experience working with senior stakeholders.
Essential Functions:
Budget Oversight
- Play key role in the annual budget process including reviewing
data and preparing metrics and serving as the liaison with the
Business Units for budget development
- Coordinate and implement department budget
allocations;
- Collaborate with University business partners to offer advice
and technical assistance with cost analysis, fiscal allocation and
budget preparation and planning;
- Examine budget estimates for completeness, accuracy and
conformance with procedures and regulations;
- Conduct individual training sessions and/or provide individual
consultation regarding unit level budget controls;
- Serve as liaison with Assistant Provost, and budgeting
personnel, to manage adherence to budget for academic areas of the
University in accordance with the fiscal year budget;
- Act as liaison with the Office of Payroll to align budgets with
payroll expenses;
- Assist with processing of budget transfers in accordance with
University fiscal policies.
Data Analysis and Reporting
- Perform highly analytical, complex finance and control
functions; multi-dimensional and complex reconciliations and
related analysis; prepare or review and approve complex
transactions and higher level dollar value transactions.
- Research, and synthesize data; interpolate results from large
amounts of data, identify trends in data, draw conclusions, develop
solutions, present and implement recommendations, and create follow
up analysis.
- Develop complex budget and forecasting scenarios, long-range
planning and analyses for financial reporting and presentations;
design and run ad hoc reports.
- Identify and resolve unique issues with substantial
significance; recognize exceptions, and conduct in-depth analysis
using advanced technical knowledge and experience. Recommend and
develop solutions that may require policy changes or the
development of new processes; maintain broader organizational and
university perspective in decision making.
- Lead and execute unit or cross functional projects and teams,
make decisions regarding projects and programs affecting
operational effectiveness, policies, or processes.
- Engage in continuous critical analysis of existing systems and
processes; make recommendations to achieve greater efficiencies and
improve internal controls. Define requirements, develop and
implement complex test cases, perform testing and analyze
results.
- Lead and support unit and organization strategy and change
management initiatives.
- Assess departmental and business needs, and formulate
recommendations to determine approach to managing and completing
processes.
Additional Responsibilities
- Assist with oversight of the user access for security within
Workday financials;
- Assist with the management of the insurance programs (risk
management) housed within the budget office;
- Attend meetings and represent the Budget Office on behalf of
the director and/or in the director's absence;
- Other projects & assignments as assigned.
Qualifications:
- Bachelor's degree required;
- Minimum 5-7 years of relative professional experience with
budget forecasting, planning and analysis including developing
budget to actuals and variance analysis;
- Advanced proficiency in business applications, such as
Microsoft Office Suite, especially Excel;
- Ability to adapt to changing priorities and maintain a
productive and committed work effort, meeting deadlines and
managing workload;
- Strong customer service skills, capability to interact with
diverse groups and/or individuals at all levels within the
organization;
- Advanced knowledge of Enterprise Resource Planning and
financial systems; internet and computer literacy.
- Knowledge of generally accepted accounting principles
(GAAP).
- Advanced professional communication skills, including ability
to prepare materials for and clearly and effectively communicate
information to internal and external audiences, and
management.
- Strong project management skills and ability to contribute to
or lead part of a multi-functional team.
- Exceptional quantitative and financial analytical skills,
especially with financial projections and forecasting.
- Self-starter and demonstrated capability to gain the respect of
others, influence people of varying levels of authority in multiple
organizations, elicit cooperation without direct
authority.
- Ability to handle confidential matters and interact with tact
and diplomacy.
Required Application Materials:
- Resume
- Cover Letter
Salary Grade
S09
Instructions to Applicants: Please upload all applicable application materials (e.g. resume/cv, cover letter, writing sample, teaching philosophy, etc.) in the "Resume/CV" box on page 2 ("My Experience") of this application. Documents can be uploaded individually or as a combined document (e.g. PDF).
Simmons University is committed to inclusive excellence in all aspects of an individual's community experience. As a university committed to diversity, equity, and inclusion, Simmons encourages applications from all under-represented groups. Simmons is committed to creating, developing, promoting, and enhancing inclusive hiring practices-at all levels, for all positions-ensuring diverse talent pools and the delivery of a consistent positive candidate experience. Simmons is an equal opportunity employer and is committed to continuing to develop a more diverse faculty, staff, student body, and curriculum.
To apply, visit https://simmons.wd1.myworkdayjobs.com/en-US/Simmons-Careers/job/Main-Campus---Boston-MA/Senior-Budget-and-Financial-Analyst_R07255
Located in Boston’s historic Fenway area, Simmons College is a small, private, non-sectarian College which has educated students for enriching careers and purposeful lives since 1899. Working at Simmons means joining a collaborative, diverse and mission-driven community of educators and professionals.
We prepare students to be leaders for themselves, their communities and the world. Our faculty and staff members lead by example - sharing a commitment to excellence and putting the students first.
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