Financial Analyst

Position Information

University Code 18241 University Title Finance Analyst 1 University Job Family Financial Services ORP Eligible No For more information on ORP, visit: Retirement Plans
Recruitment Pool All Applicants Recruitment Type Single Title Scope of Search Regional Working Title Financial Analyst Position Number 576780 Is this employee on a H1B Visa? No Position Type Staff Job Status Full-Time FLSA Indicator Exempt Employee Group University Employee Department Financial Aid Organizational Overview

At VCU, we Make it Real through learning, research, creativity, service and discovery — the hallmarks of the VCU experience. A premier, urban, public research university nationally recognized as one of the best employers for diversity, VCU is a great place to work. It’s a place of opportunity, where your success is supported and your career can thrive. VCU offers employees a generous leave package, career paths for advancement, competitive pay, and an opportunity to do mission-driven work.

Position Primary Purpose and General Responsibilities

The Division of Strategic Enrollment Management and Student Success ( SEMSS ) ensures academic quality and supports student success, which is dependent upon the recruitment, retention and timely graduation of a talented and diverse student body. Our goals and aspirations are clearly articulated in the university’s strategic plan and a primary component of our vision is to ensure that we attract and retain students who will graduate and contribute to a highly skilled 21st-century workforce.

Reporting to the Senior Assistant Director for Quality Assurance and Compliance, the Financial Analyst will ensure the department’s projected balances used within financial aid packaging operate within a fiscally sustainable manner by reviewing incoming freshman yield and reviewing enrolled student retention data.

Maintain and submit timely reports, provide accurate financial aid data in accordance with University and SEMSS Finance policies and procedures. The position will effectively translate and communicate complex information to a diverse group of stakeholders.

Responsibilities include financial aid modeling and leveraging, reconciliation and budget management, financial analysis, and ensuring programmatic reporting requirements (monthly, quarterly, bi-yearly or yearly reports) are completed according to sponsor or federal requirements and timeframes.

This position performs budget versus actual reconciliation of financial aid programs, maintains funding overviews/forecasts on a regular basis, create, analyze and maintain financial spreadsheets, and reviews variances for inconsistencies or account irregularities, develops/runs ad hoc queries, reviews Banner student information system data, reviews information from the data warehouse, and the Navigate student success system.

The Financial Analyst will collaborate with other VCU partner offices such as Institutional Research and Decision Support, Student Financial Management Center, Student Accounting, Offices of Admissions, School of Medicine, School of Dental Medicine, Office of Athletics, and Academic Advising regarding financial aid programs relevant to their areas and student populations.

Minimum Hiring Standards

-Bachelor’s degree in accounting, finance, business, management, information systems or public administration.
-At least 3 years’ experience in a related position with fiscal responsibilities.
-Accounting experience, including demonstrated experience analyzing financial distributions reports, managing end of month financial reports and budget reconciliations, and suggesting potential solutions to the issues being analyzed.
-Demonstrated ability to independently problem-solve using sound judgment and professional discretion.
-Excellent written and verbal communication skills.
-Ability to effectively communicate with a diverse population of students, faculty, and staff at varying administrative levels within the university.
-Ability to respond to requests with a professional and positive demeanor; the desire to create a positive and enthusiastic environment at SEMSS .
-Ability to maintain confidentiality related to sensitive data and discussions.
-Ability to work both independently and as a contributing member of a team.
-Ability and desire to take initiative in order to refine processes, interpret policy, and ensure positive outcomes.
-Excellent organizational skills and high attention to detail.
-Ability to function well in a complex, fast paced, multi-task work environment that regularly includes a variety of projects with multiple deadlines.
-Proficiency in Microsoft Office applications, especially Excel.
-Demonstrated experience working in and fostering a diverse faculty, staff, and student environment or commitment to do so as a staff member at VCU .

Preferred Hiring Standards

-Master’s degree in accounting, finance, business, management, information systems, public administration, or related field.
-Experience in creating and testing internal controls ( ARMICS ).
-Demonstrated experience in financial roles with progressive increasing responsibility.
-Intermediate to advanced knowledge of Microsoft Excel.
-Ability to write queries.

Required Licenses/ Certifications Anticipated Hiring Range Up to $55,000 Application Process/Additional Information Campus Monroe Park Campus Hours/Week 40 Normal Work Days/Hours M-F Job Open Date 04/21/2021 Posting will close on or before 05/04/2021 Open Until Filled No Job Category Is this a restricted position? No Is this position eligible to participate in alternative work arrangements? Yes Sensitive Position No Resource Critical Yes Quick Link Posting Specific Questions

Required fields are indicated with an asterisk (*).

  1. * Please select your highest level of education achieved.
    • Bachelor's Degree
    • Some graduate coursework
    • Master's Degree
    • Some doctoral coursework
    • Doctoral Degree
  2. * How many years of finance experience do you have?
    • 0-2
    • 3-5
    • 5+
  3. * How many years of financial aid experience do you have?
    • Less than 1 year
    • 1-3 years
    • 3-5 years
    • More than 5 years
Optional & Required Documents
Required Documents
  1. Resume
Optional Documents
  1. Cover Letter/Letter of Application
  2. Other Document

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