Senior Financial Analyst, Financial Planning and Analysis

The University of Chicago is looking for a Senior Financial Analyst who will serve as a member of the finance team and will assist University-wide decision support through financial planning and analysis and on-going review of benefit management.

Requirements

• Supports the development of various financial reporting tools and analysis for evaluating the University’s financial performance, financial plan, strategic projects and financing transactions.
• Maintains or skillfully uses external databases including Oracle.
• Assists the Treasury Director in preparing materials for Board meetings, including Financial Planning Committee.
• Partners with Treasury Director to complete audit responsibilities related to the University’s employee benefits program and works with the auditor to resolve any inquiries.
• Identifies and addresses areas for process improvement within finance and treasury operations, including the enterprise resource planning (financial system transformation in Oracle) and the treasury management system.
• Delivers ad-hoc reporting and analysis as needed to support finance and treasury.
• Effectively communicates and collaborates with stakeholders across the University to drive forward execution and tracking of strategic initiatives.
• Serves as primary liaison between Finance and the Office of Human Resources (HR) to develop the annual budget for University-wide staff benefit expenses.
• Leads on-going review of the accounting associated with the staff benefit expenses.
• Designs and delivers quarterly actual and forecasted performance for the staff benefit expenses and recoverable charges.
• Prepares trend analyses for all staff benefit components, elevates observations, and partners with HR to communicate recommended benefit adjustments.
• Responsible for the year-end close out of the staff benefit pool and related analyses.
• Leads the analysis of the benefit rate approved by the federal government and prepares the annual calculation for federal approval.
• Establishes and coordinates the overall budget for Finance and Administration.
• Reviews and reports on Finance and Administration budget, expenses and actual performance in accordance with overall budget.
• Develops, monitors, and analyzes a consolidated annual and intermediate, typically three to five year, budget plan and budget process. Reviews estimated expenditures. Develops expenditure projections and periodic budget variance reports. Prepares forecasts as well as analyses.

Benefits

• Paid time off
• Retirement plan
• Health benefits

Tagged as: Financial Modeling