Financial Analyst
- Employer
- Amherst College
- Location
- Massachusetts, United States
- Salary
- Salary Not specified
- Date posted
- Jan 9, 2025
View more categoriesView less categories
- Position Type
- Faculty Positions, Business & Management, Accounting & Finance
- Employment Level
- Mid-Level
- Employment Type
- Full Time
Job Details
Financial Analyst
Amherst Campus
Full Time
JR5703
Amherst has taken a leadership role among highly selective liberal arts colleges and universities in successfully diversifying the racial, socio-economic, and geographic profile of its student body. The College is similarly committed to enriching its educational experience and its culture through the diversity of its faculty, administration and staff.
Job Description:
Amherst College invites applications for the Financial Analyst position. The Financial Analyst is a full-time, year-round position, starting at $68,000 per year - commensurate with experience. Given Amherst's distinction as one of the most diverse liberal arts colleges in the country, the successful candidate will demonstrate the ways in which they bring value to and will work towards supporting a broadly diverse community.
Under the supervision of the Director of Financial Planning & Treasury, the Financial Analyst will support the College's treasury operations and processes, assist with the annual operating and capital budget processes, conduct complex financial analysis, and liaise with both internal and external business partners. The Financial Analyst will have the opportunity to learn all aspects of the budget and treasury functions in higher education.
Summary of Responsibilities:
Financial Analysis
- Collect, organize, and analyze financial data in support of the
College's treasury and budget operations
- Assist in creating and maintaining financial models and
dashboards
- Collaborate with various divisions at the College to gather
relevant financial information
- Prepare presentations and recurring reports to communicate
treasury and budget information to a diverse group of internal and
external constituents
Treasury Operations
- Monitor daily cash positions at various banks and recommend
transactions to maintain target balances
- Maintain the College's cash forecasting model and propose
adjustments to better track and invest funds to maximize interest
income while considering institutional risk tolerances
- Process fund transfers and wire payments with oversight and in
accordance with internal policies
Annual Operating & Capital Budget Processes
- Assist with the development of the schedule and materials for
preparation of the College's operating and capital
budgets
- Advise and assist department heads in preparing budget
requests, review budget submissions for accuracy and clarity,
adjust budget materials to reflect decision making
Process Improvements and Ad-Hoc Projects
- Identify opportunities to streamline processes and introduce
automation
- Recommend improvements to controls, best practices, and
reporting tools
- Support-cross functional finance initiatives and special
projects as needed
Continued Learning / Professional Development
- Access to online seminars and workshops to enhance skills and
stay current with industry trends
- Cross-training with internal staff across teams to foster
collaboration, broaden knowledge, and build a versatile skill
set
Qualifications:
Required
- Bachelor's Degree
- 1 - 3 years of related experience
- Strong problem-solving skills and attention to
detail
- Willingness to learn and a keen interest in the intricacies of
treasury management and budget processes
- Excellent communication and organization skills
- Proficiency with MS Excel and PowerPoint
- Flexibility to manage, with direction, multiple assignments for
different end-users
- Commitment to or experience working with a diverse
community
Preferred
- Bachelor's Degree in Accounting, Finance, Economics, or related
discipline
- Experience working in a higher education environment
- Treasury experience
Amherst College offers many opportunities for professional growth and development, continued learning, and career advancement.
Amherst College is pleased to provide a comprehensive, highly competitive benefits package that meets the needs of staff and faculty and their families. Benefits are an important part of our overall compensation, so it is critical that you review all of the options to ensure it meets your total compensation requirements. Click here for Benefits Information.
Interested candidates are asked to submit a resume and cover letter online at https://amherst.wd5.myworkdayjobs.com/Amherst_Jobs. Please be sure to upload all requested documents prior to clicking Submit. Applications cannot be revised once submitted. (Current employees and students should apply by clicking on the Jobs Hub icon from their Workday home screen) Review of applications will begin immediately and will continue until the position is filled.
To apply, visit https://amherst.wd5.myworkdayjobs.com/en-US/Amherst_Jobs/job/Amherst-Campus/Financial-Analyst_JR5703
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Company
Amherst College prepares students to make a difference in the world. Our financial aid program is among the most substantial in the nation, and our student body is among the most diverse. At Amherst, you are part of a lively, inquisitive, devoted community of students, faculty, staff, and alumni who find inspiration in one another and in the process of learning.
Since our 1821 founding, Amherst has demonstrated steadfast confidence in the value of the liberal arts and the importance of critical thinking. Small classes, an open curriculum and a singular focus on undergraduate education ensure that leading scholars engage daily with talented, curious students, equipping them for leadership in an increasingly global and complex world.
Offering competitive compensation packages and a multitude of programs and services for staff, Amherst works to enrich the working life and support the well-being of each and every employee.
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