Financial Planning & Analysis Manager

Posting Details

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Position Information

Working Title
Financial Planning & Analysis Manager

Department
Budget Office

Compensation Title

Position Number
30023128

Position Status
Regular

Work Schedule

Monday-Friday
8:15 a.m. – 4:30 p.m.

Hours per Week
37.5

Months per Year
12

Commitment to Inclusive Excellence

Northern Kentucky University ( NKU ) seeks excellence by enriching its educational environment and culture through the diversity of its administration, faculty and staff and by embracing inclusiveness, equity, and global awareness in all dimensions of its work. NKU is an Equal Opportunity/Equal Access/Affirmative Action institution. We encourage applications by members of diverse groups and by persons with a demonstrated commitment to issues of diversity and experience in achieving goals relative to inclusive excellence.

Purpose of Position

The purpose of this position is to analyze the current results of the university and prepare short and long-term projections, implement the strategic goals of the university, and help to inform senior management decision-making with relevant data. Work collaboratively with colleges, divisions, and departments to forecast revenues and expenditures. Provide analysis to assist with decisions on strategy and spend optimization. Provide necessary data to help advance the University’s strategic framework. Operate in an advisory manner providing relevant & timely analytics.

Primary Responsibilities

• Provide management and leadership that results in data-informed decision-making to support exploring new business models, assessing requests, resource allocations, and the assigned divisional financial needs.

• Support senior management with strategic initiatives, growth initiatives, special projects, and ad hoc reporting. Measure results in key areas/programs.

• Manage and perform financial forecasting and long-term financial planning. Conduct critical analysis explaining forecast adjustments, and recommend actions/opportunities to meet or exceed financial performance.

• Prepare all financial analytics to support business strategies. Develop business plans to support the justification of new program opportunities. Prepare analytics and compile data to support the initiative’s next steps.

• Provide timely, relevant, and strategic analytics (financial aid, tuition, academic programs, etc.). Analyze current and past trends in key performance indicators.

• Analyze, interpret, and presents relevant financial database on key metrics. Empowers business leaders to make sound decisions and interfaces routinely with senior management and stakeholders.

• Develop analysis related to operational revenues and expenditures and compare to benchmark/best practice data to assist in recommendations.

• Conduct in-depth budget/actual analysis and reporting on trends, and develop metrics to identify opportunities for spend optimization. Be proficient at accessing, retrieving, navigating, and interpreting large amounts of raw data using multiple source systems.

• Utilize key metrics to develop trend analyses. Identify areas of needed improvements and make recommendations. Support the delivery of detailed, and accurate analysis of monthly financial reports, and financial trends.

• Reviews, analyzes, and prioritizes requests for financial resources in multiple functional areas in support of efficient day-to-day operations of the department or business unit.

Qualifications

• Bachelor’s degree with sufficient, directly relevant work experience; business finance or accounting experience preferred. MBA preferred.
  
  
• Highly developed management, organizational, and leadership skills. Demonstrated strong business acumen.
  
  
• Provide key data to help inform senior management decision-making.
  
  
• Minimum of 5 years (worked in a previous financial analyst role).
  
  
• Advanced knowledge of Microsoft Excel and resolves problems quickly.
  
  
• Exhibits strong analytical skills by completing projects timely and accurately in a detail-oriented and strategic manner.

Minimum Education
Bachelor's Degree

Preferred Education
Master's Degree

Minimum Experience
5 years

Salary
Minimum $54,834

Pay Grade
S73

Posting Detail Information

Requisition Number
2022S1704

Job Open Date
10/16/2022

Job Close Date

Open Until Filled
No

Quick Link
https://jobs.nku.edu/postings/12305

Is this an internal only posting?

Supplemental Questions

Required fields are indicated with an asterisk (*).

1. * Have you worked with a decentralized, incentive-based, university budget model? If yes, please describe the model and your role as it relates to managing the budget model.
   
   (Open Ended Question)
   
   
2. * Please describe your data analysis experience.
   
   (Open Ended Question)
   
   
3. * Please explain experience with budgets.
   
   (Open Ended Question)
   
   
4. * Describe your experience with using SAP and/or other enterprise software for budget and administrative tasks.
   
   (Open Ended Question)
   
   
5. * What is your highest level of education?
   • Bachelor's degree
   • Master's degree or higher

Documents Needed to Apply
Required Documents

1. Resume
2. Cover Letter/Letter of Application
3. References

Optional Documents