Community College of Baltimore County
Financial Analyst
Community College of Baltimore County, Dundalk, Maryland, United States, 21222
Salary:
$60,906.00 - $100,669.00 Annually
Location :
Dundalk, MD
Job Type:
Full-Time Staff
Job Number:
2024-014
Division:
Administrative Services
Department:
Finance Office
Opening Date:
01/23/2024
Class Description
The purpose of this class is to perform advanced level duties in maintaining various accounting records for assigned College department or division, including assisting with budget development, the annual audit, finance projections, and account reconciliations. In accordance with Generally Accepted Accounting Principles (GAAP) and federal, state and local guidelines.Minimum Requirements
Bachelor's degree Finance, Accounting, or Business Management and three (3) years of experience analyzing financial data and preparing summary reports. Master's degree and/or CPA certification, or pursuit of, preferred. Higher Education experience preferred. Knowledge of Generally Accepted Accounting Principles (GAAP). Proficiency in Microsoft applications.Class Specific Essential Duties
Assist in report preparation and training of college personnel in use of financial management system, including budget development.Prepare, review, and analyze operating budgets.Assist faculty and staff in revenue and expense monitoring.Prepare various financial reports and statements in compliance with federal, county, and state regulations.Prepare forecasts and revenue and expense trend analyses.Maintain, monitor, audit, and reconcile accounts; prepare adjusting entries.Prepare accounting schedules and reports for management and for external auditors and agencies.Position Specific Essential Duties
Prepare monthly, quarterly, and annual reports and budgets on all business units and meet regularly with area leaders to review performance and set measurement goals.Conduct ROI analysis on ad-hoc projects, capital investments, and revenue generating investments for business segments in coordination with Sr. Dir and AVP of Business Services.Review business operations in detail and analyze activity with bookstore sales, dining services, and vending operations.Work with data analytics team to assimilate information into reporting models. Analyze enrollment data, trends, and demographics to communicate influences on sales and operations.Support Executive and Senior Staff with financial analysis and develop business/enrollment forecasts across the colleges academic and auxiliary portfolio.Support campus directors and special fund projects with budget analysis and data about campus operations and services.Co-develop and reconcile transactions within web-based college payment platform for non-academic operating and other business units.Perform research and analysis as requested by senior management including trend analyses and budget variance analyses.Prepare budget transfers, pay invoices, and manage journal for campus departments and business operating units.Report on non-academic revenue generating units and advise area leaders on operating best practices, purchasing decisions and internal controls.Assist with various accounting functions of the college including operating, other unrestricted, and custodial funds.Prepare and distribute budget development and temp/hourly spreadsheets for the budget development process, provide guidance to organization managers during completion and review and analyze submitted data.Assess operations cash flows and sustainability, create historical financials, and develop future pro-forma based on past and current operations, market trends, and enrollment data.Provide financial planning, development, and support for capital expenditures and forecasting.Identify opportunities to improve and streamline business processes and strategies using technology.Develop reporting and analyze expenditures for temp hourly and faculty employees.
Essential Job Duties are intended to be examples of duties and are not intended to be all inclusive. There will be other duties as assigned.
CCBC Full Time Benefits At A Glance
BENEFIT
SUMMARY Health and Medical
CIGNA
Cigna Open Access Plus (OAP)Cigna Open Access Plus In Network (OAPIN)
KaiserPrescription Drug Benefits:
For CIGNA Plans - included in Cigna Plan Medical PremiumsKaiser - included in Kaiser Medical PremiumMental HealthEmotional, drug/alcohol abuse treatment, both inpatient and outpatient, provided when pre-approved. Premium included in medical care plan.
Dental Benefits
CareFirst Blue Cross/Blue Shield Regional TraditionalCareFirst Blue Cross/Blue Shield Regional PreferredVision Benefits
NVAFlexible Spending Accounts
Benefit Strategies Health Spending Account $2,600Benefit Strategies Dependent Care (children under 13 and elder care) $5,000Financial Term Life Insurance: MetLife
Employee Basic Life Insurance is 1 times your salary with a minimum of $50,000 (90/10)Employee Supplemental Life Insurance is available in multiples of $10,000 with a maximum of $200,000. Supplemental Term Life Insurance is available for spouse (increments of $10,000 to a maximum of 50% of employee combined basic and supplemental amount) and dependents ($10,000). Supplemental Term Life Insurance is 100% employee paid.Permanent Whole Life Insurance: Unum
Permanent Whole Life Insurance with Optional Long Term Care rider available through Unum. Available to full-time employees, part-time associates, and adjunct faculty.Spouse and dependent coverage available. Permanent Whole Life Insurance accrues cash value, premiums will not increase, and coverage will not decrease. Permanent Whole Life Insurance is 100% employee paid.Accidental Death & Dismemberment: The HartfordIndividual or Family Coverage. Employee pays a rate in multiples of $10,000 to a maximum of $300,000.
Long-Term DisabilityPlan pays 60% of gross monthly salary after 90 consecutive days of absence. Employee pays 100% of premium.
Retirement Plans
Maryland State Teacher's Pension System (7% contributory)Optional Retirement Plan (non-contributory)Baltimore County Employees' Retirement System (7% contributory)Supplemental (Retirement Annuities) 403(b) and 457(b)
Tax-sheltered annuities - 403(b). Payroll salary reduction authorization is needed. The form is available on SharePoint Forms/Human Resources Forms.The 403(b) supplemental retirement plan is available to all CCBC employees (Adjunct Faculty, Part Time Associates and Full Time employees).Roth 403(b) is a savings feature that is available when you open a 403(b) account. The Roth 403(b) savings feature allows employees to contribute after-tax dollars and then withdraw tax-free dollars from their account upon retirement. The Roth 403(b) savings feature is only offered by the following vendors: TIAA-CREF and VOYA Financial Advisors, Inc. Adjunct Faculty, Part Time Associates and Full Time employees are eligible to save for retirement using the Roth 403(b) savings feature. Employees may contribute traditional pre-tax 403(b) dollars and Roth 403(b) post-tax dollars simultaneously. The savings limits are combined for the Traditional 403(b) and the Roth 403(b) contributions.Deferred Compensation Plan - 457(b) offered through VOYA Financial Advisors, Inc. The 457(b) salary reduction authorization form is needed. The form is available on SharePoint Forms/Human Resources Forms.Legal ServicesLegal Resources is a pre-paid legal voluntary benefit for advice, consultation and representation for commonly used legal services.
Credit UnionFirst Financial Federal Credit Union membership available to employees.
Direct DepositIt's convenient, safe, reliable and saves time. No waiting for your check on payday. The money is already in your account, whether you are at work or on vacation. Mandatory payroll direct deposit allows employees the control and flexibility of directing their pay to different accounts at any bank, in any location.Work and Family Employee Assistance Program (EAP): Cigna BehavioralFree personal advocates assisting you and any household member to resolve any issues.
Paid Leave BenefitsAcademic, Bereavement, Sick and Safe Leave, Jury Duty, Religious Holidays, Military Leave, Sabbatical, Personal, Vacation, and Holidays.
Tuition AssistanceEligible full-time employees may qualify for waiver or reimbursement programs. Spouses and legal dependents up to age 22 are eligible for reimbursement with proof of successful completion and a C or better grade. Employee's eligible for Tuition Assistance become eligible for the external Tuition reimbursement program the first semester after one calendar year of employment. Eligibility for waiver or reimbursement for CCBC courses begins after the completion of a 90 day probation for public safety and classified employees.
Academic Cash AwardClassified employees are eligible for a lump sum award of $500 for completion of an unduplicated college degree.
McDaniel College's Educator's Legacy Scholarship ProgramCCBC is proud to offer an exciting new benefit to all benefits-eligible employees! Read more »McDaniel College has extended its Educator's Legacy Scholarship (ELS) program to CCBC benefits-eligible employees. CCBC is among the inaugural community college partners.
Children of ANY current full-time benefits-eligible CCBC employee with at least four years of continuous full-time employment are eligible to receive a scholarship valued at up to $100,000 over four (4) years.
The scholarship will first take effect in the fall semester. The CCBC Employee Benefits Team will provide verification of employment. Excellent teaching is McDaniel College's priority and its legacy. The College's expert faculty-mentors empower students to achieve their personal best, and many graduates go on to become top K-12 educators.
Since 2010, four of McDaniel's graduates were named state Teachers of the Year, including the 2011 National Teacher of the Year Michelle Shearer. McDaniel is ranked among Money Magazine's 50 Best Liberal Arts Colleges and offers more than 70 undergraduate programs of study. The personalized curriculum and student-faculty collaboration develop the unique potential in every student. McDaniel College welcomes the sons and daughters of CCBC employees!
Mandated Federal BenefitsWorkers' Compensation, Unemployment Insurance, Social Security.
For Your Convenience
ATM machines are available at each of the main campusesCheck cashing with appropriate IDFree ParkingAccess to weight lifting facilities, swimming pool and library
$60,906.00 - $100,669.00 Annually
Location :
Dundalk, MD
Job Type:
Full-Time Staff
Job Number:
2024-014
Division:
Administrative Services
Department:
Finance Office
Opening Date:
01/23/2024
Class Description
The purpose of this class is to perform advanced level duties in maintaining various accounting records for assigned College department or division, including assisting with budget development, the annual audit, finance projections, and account reconciliations. In accordance with Generally Accepted Accounting Principles (GAAP) and federal, state and local guidelines.Minimum Requirements
Bachelor's degree Finance, Accounting, or Business Management and three (3) years of experience analyzing financial data and preparing summary reports. Master's degree and/or CPA certification, or pursuit of, preferred. Higher Education experience preferred. Knowledge of Generally Accepted Accounting Principles (GAAP). Proficiency in Microsoft applications.Class Specific Essential Duties
Assist in report preparation and training of college personnel in use of financial management system, including budget development.Prepare, review, and analyze operating budgets.Assist faculty and staff in revenue and expense monitoring.Prepare various financial reports and statements in compliance with federal, county, and state regulations.Prepare forecasts and revenue and expense trend analyses.Maintain, monitor, audit, and reconcile accounts; prepare adjusting entries.Prepare accounting schedules and reports for management and for external auditors and agencies.Position Specific Essential Duties
Prepare monthly, quarterly, and annual reports and budgets on all business units and meet regularly with area leaders to review performance and set measurement goals.Conduct ROI analysis on ad-hoc projects, capital investments, and revenue generating investments for business segments in coordination with Sr. Dir and AVP of Business Services.Review business operations in detail and analyze activity with bookstore sales, dining services, and vending operations.Work with data analytics team to assimilate information into reporting models. Analyze enrollment data, trends, and demographics to communicate influences on sales and operations.Support Executive and Senior Staff with financial analysis and develop business/enrollment forecasts across the colleges academic and auxiliary portfolio.Support campus directors and special fund projects with budget analysis and data about campus operations and services.Co-develop and reconcile transactions within web-based college payment platform for non-academic operating and other business units.Perform research and analysis as requested by senior management including trend analyses and budget variance analyses.Prepare budget transfers, pay invoices, and manage journal for campus departments and business operating units.Report on non-academic revenue generating units and advise area leaders on operating best practices, purchasing decisions and internal controls.Assist with various accounting functions of the college including operating, other unrestricted, and custodial funds.Prepare and distribute budget development and temp/hourly spreadsheets for the budget development process, provide guidance to organization managers during completion and review and analyze submitted data.Assess operations cash flows and sustainability, create historical financials, and develop future pro-forma based on past and current operations, market trends, and enrollment data.Provide financial planning, development, and support for capital expenditures and forecasting.Identify opportunities to improve and streamline business processes and strategies using technology.Develop reporting and analyze expenditures for temp hourly and faculty employees.
Essential Job Duties are intended to be examples of duties and are not intended to be all inclusive. There will be other duties as assigned.
CCBC Full Time Benefits At A Glance
BENEFIT
SUMMARY Health and Medical
CIGNA
Cigna Open Access Plus (OAP)Cigna Open Access Plus In Network (OAPIN)
KaiserPrescription Drug Benefits:
For CIGNA Plans - included in Cigna Plan Medical PremiumsKaiser - included in Kaiser Medical PremiumMental HealthEmotional, drug/alcohol abuse treatment, both inpatient and outpatient, provided when pre-approved. Premium included in medical care plan.
Dental Benefits
CareFirst Blue Cross/Blue Shield Regional TraditionalCareFirst Blue Cross/Blue Shield Regional PreferredVision Benefits
NVAFlexible Spending Accounts
Benefit Strategies Health Spending Account $2,600Benefit Strategies Dependent Care (children under 13 and elder care) $5,000Financial Term Life Insurance: MetLife
Employee Basic Life Insurance is 1 times your salary with a minimum of $50,000 (90/10)Employee Supplemental Life Insurance is available in multiples of $10,000 with a maximum of $200,000. Supplemental Term Life Insurance is available for spouse (increments of $10,000 to a maximum of 50% of employee combined basic and supplemental amount) and dependents ($10,000). Supplemental Term Life Insurance is 100% employee paid.Permanent Whole Life Insurance: Unum
Permanent Whole Life Insurance with Optional Long Term Care rider available through Unum. Available to full-time employees, part-time associates, and adjunct faculty.Spouse and dependent coverage available. Permanent Whole Life Insurance accrues cash value, premiums will not increase, and coverage will not decrease. Permanent Whole Life Insurance is 100% employee paid.Accidental Death & Dismemberment: The HartfordIndividual or Family Coverage. Employee pays a rate in multiples of $10,000 to a maximum of $300,000.
Long-Term DisabilityPlan pays 60% of gross monthly salary after 90 consecutive days of absence. Employee pays 100% of premium.
Retirement Plans
Maryland State Teacher's Pension System (7% contributory)Optional Retirement Plan (non-contributory)Baltimore County Employees' Retirement System (7% contributory)Supplemental (Retirement Annuities) 403(b) and 457(b)
Tax-sheltered annuities - 403(b). Payroll salary reduction authorization is needed. The form is available on SharePoint Forms/Human Resources Forms.The 403(b) supplemental retirement plan is available to all CCBC employees (Adjunct Faculty, Part Time Associates and Full Time employees).Roth 403(b) is a savings feature that is available when you open a 403(b) account. The Roth 403(b) savings feature allows employees to contribute after-tax dollars and then withdraw tax-free dollars from their account upon retirement. The Roth 403(b) savings feature is only offered by the following vendors: TIAA-CREF and VOYA Financial Advisors, Inc. Adjunct Faculty, Part Time Associates and Full Time employees are eligible to save for retirement using the Roth 403(b) savings feature. Employees may contribute traditional pre-tax 403(b) dollars and Roth 403(b) post-tax dollars simultaneously. The savings limits are combined for the Traditional 403(b) and the Roth 403(b) contributions.Deferred Compensation Plan - 457(b) offered through VOYA Financial Advisors, Inc. The 457(b) salary reduction authorization form is needed. The form is available on SharePoint Forms/Human Resources Forms.Legal ServicesLegal Resources is a pre-paid legal voluntary benefit for advice, consultation and representation for commonly used legal services.
Credit UnionFirst Financial Federal Credit Union membership available to employees.
Direct DepositIt's convenient, safe, reliable and saves time. No waiting for your check on payday. The money is already in your account, whether you are at work or on vacation. Mandatory payroll direct deposit allows employees the control and flexibility of directing their pay to different accounts at any bank, in any location.Work and Family Employee Assistance Program (EAP): Cigna BehavioralFree personal advocates assisting you and any household member to resolve any issues.
Paid Leave BenefitsAcademic, Bereavement, Sick and Safe Leave, Jury Duty, Religious Holidays, Military Leave, Sabbatical, Personal, Vacation, and Holidays.
Tuition AssistanceEligible full-time employees may qualify for waiver or reimbursement programs. Spouses and legal dependents up to age 22 are eligible for reimbursement with proof of successful completion and a C or better grade. Employee's eligible for Tuition Assistance become eligible for the external Tuition reimbursement program the first semester after one calendar year of employment. Eligibility for waiver or reimbursement for CCBC courses begins after the completion of a 90 day probation for public safety and classified employees.
Academic Cash AwardClassified employees are eligible for a lump sum award of $500 for completion of an unduplicated college degree.
McDaniel College's Educator's Legacy Scholarship ProgramCCBC is proud to offer an exciting new benefit to all benefits-eligible employees! Read more »McDaniel College has extended its Educator's Legacy Scholarship (ELS) program to CCBC benefits-eligible employees. CCBC is among the inaugural community college partners.
Children of ANY current full-time benefits-eligible CCBC employee with at least four years of continuous full-time employment are eligible to receive a scholarship valued at up to $100,000 over four (4) years.
The scholarship will first take effect in the fall semester. The CCBC Employee Benefits Team will provide verification of employment. Excellent teaching is McDaniel College's priority and its legacy. The College's expert faculty-mentors empower students to achieve their personal best, and many graduates go on to become top K-12 educators.
Since 2010, four of McDaniel's graduates were named state Teachers of the Year, including the 2011 National Teacher of the Year Michelle Shearer. McDaniel is ranked among Money Magazine's 50 Best Liberal Arts Colleges and offers more than 70 undergraduate programs of study. The personalized curriculum and student-faculty collaboration develop the unique potential in every student. McDaniel College welcomes the sons and daughters of CCBC employees!
Mandated Federal BenefitsWorkers' Compensation, Unemployment Insurance, Social Security.
For Your Convenience
ATM machines are available at each of the main campusesCheck cashing with appropriate IDFree ParkingAccess to weight lifting facilities, swimming pool and library