Adler University
Senior Financial Analyst
Adler University, Chicago, Illinois, United States, 60290
The Senior Financial Analyst (SFA) develops, monitors and manages operating and capital budgets for the University. Helps develop short and long-term financial goals and forecasts/models for key strategic initiatives and special projects. Working closely with departmental leaders across the institution, the SFAanalyzes monthly, quarterly and year-end income statements variances (actual vs budgeted).The SFA leverages industry knowledge and best practices to promote the responsible resource allocation for a tuition-dependent institution.This is an outstanding opportunity for a motivated individual seeking to build a career in higher education finance & administration. Hybrid-eligible.
Education/Experience:
Bachelor's Degree in Business, Finance, Accounting, Economics or a highly analytical field required. Master's Degree in a related area preferred.A minimum of five (5) years of experience as a financial analyst or related area, or a Master's degree and three (3) years of experience, or an equivalent combination of education and experience.Higher education experience preferred.Knowledge, Skills & Abilities
Demonstrated experience with budgeting, financial planning, financial analysis, and financial reportingKnowledge of Generally Accepted Accounting Principles (GAAP), fund accounting, and grant accountingDemonstrated ability to analyze complex business processesDemonstrated ability to leverage influence to drive change and influence stakeholdersAbility to consistently identify opportunities for improvement and make recommendations based on observationsProven ability to work in a highly diverse environment.Understanding of principles of finance and banking relationships and investments.Ability to balance multiple projects with competing deadlines.Strong demonstration of alignment with Adler's social justice mission and visionStrong communication acumen including written, oral, and listeningAbility to take direction and react to change productively and to handle other tasks as assignedStrong analytical and organizational skills; pays attention to details.Emotional intelligence and professional maturityProficient and functional knowledge of MS Office (Work, Excel, PowerPoint, and Outlook)Essential Duties & Responsibilities:
Working closely with the CFO, AVP for Budget & Planning and Controller, the Senior Financial Analyst contributes to a variety of financial responsibilities, including:
Support of the annual operating and capital budgeting process,Analysis of monthly financial statements with a written narrative on key budget variances,Regular updates of the projection for current year performance,Calculation of key financial metrics for internal and external stakeholders throughout the year,Evaluation of various programs and policies to clarify resource allocation decisions,Close consultation with departmental leaders to fully understand key revenue and expense drivers.Produces regular and ad-hoc financial and operating reports with recommendations and findingsProvides internal financial support and advises on complex or technical economic issuesResponsible for the analysis of various internal accounting reports and external comparative reports and benchmarks the best practices for implementation.Participates in monthly accounting closing processAssess, modify, and develop and implement processes/ procedures / systems to increase efficiency, accuracy, and data analytics insight.Analyze and update the allowance for doubtful accounts monthlyDevelops and maintains expert knowledge in the University's financial systems (including Colleague, Power BI, and Business Objects) and other databases to be able to extract and analyze data relevant to financial analysis and forecasting and to act as a point of contact for departments to assist in their accessing or understanding of financial reportsParticipates and provides information for the university auditsPerforms other duties as assignedWork Environment
Generally, the job requires 80% sitting, 10% walking, and 10% standing. This job is performed in a clean, and healthy environment. Hybrid-eligible.
Universal Core Behaviors:
Communication:
Effectively expresses oneself in all oral and written communications.Exhibits good listening and comprehension skills.Keeps others informed, as well as responds, in a timely manner.Demonstrates match between words and actions.Responds with tact, diplomacy, respect and composure when dealing with others.Promotes the spirit and essence of the School's Vision, Mission, Values and Key Strategies through both verbal and written communication.Teamwork and Collaboration:
Cooperates with others toward the achievement of common goals.Seeks consensus and win-win solutions to problems and conflicts.Contributes actively and participates fully in team initiatives.Puts success of the team above own interests.Builds and maintains constructive work relationships.Responsive to Change:
Supports changes in the work environment.Displays a proactive, problem-solving approach toward work.Committed to life-long learning by continuously increasing skills, knowledge and effectiveness.Actively seeks and initiates creative and innovative solutions.Exercises sound, accurate and informed independent judgment when needed.Quality-Driven and Accountable:
Results-oriented and committed to quality through continuous process improvement.Eliminates ineffective activities and closes performance gaps.Anticipates and responds to customer needs.Monitors own performance, accepts responsibility for actions and actively seeks feedback.Meets deadlines and completes projects and activities in a professional, timely manner.Seeks opportunities to increase productivity and/or reduce costs while maintaining highest quality standards (fiscally responsible).Support of Vision, Mission, Values, Key Strategies:
Supports and models the School's Values of social interest, compassion, justice, respect for the individual, honors diversity and difference, intellectual rigor, optimism, and collaboration.Articulates the School's Vision, Mission, and Key Strategies in a way to educate others.Demonstrates active commitment in advancing the School's Vision, Mission, and Key Strategies.Exhibits personal integrity, honesty, zeal, and compassion.Aligns work processes to advance the School's strategic plan and key strategies.
Equal Opportunity Employer
It is the policy of Adler University that all persons are entitled to Equal Employment Opportunity (EEO) protection. The University does not discriminate against any individual for employment because of age, religion, race, color, gender, gender identity, sexual orientation, national origin, ancestry, marital status, physical or mental disability, military status (including unfavorable discharge from the military), or any other category protected by federal, state, or local law.
As part of the Adler's equal employment opportunity policy, Adler will also take affirmative action to ensure that minority group individuals, females, disabled veterans, recently separated veterans, other protected veterans, Armed Forces service medal veterans, and qualified disabled persons are introduced into our workforce and considered for promotional opportunities.
Education/Experience:
Bachelor's Degree in Business, Finance, Accounting, Economics or a highly analytical field required. Master's Degree in a related area preferred.A minimum of five (5) years of experience as a financial analyst or related area, or a Master's degree and three (3) years of experience, or an equivalent combination of education and experience.Higher education experience preferred.Knowledge, Skills & Abilities
Demonstrated experience with budgeting, financial planning, financial analysis, and financial reportingKnowledge of Generally Accepted Accounting Principles (GAAP), fund accounting, and grant accountingDemonstrated ability to analyze complex business processesDemonstrated ability to leverage influence to drive change and influence stakeholdersAbility to consistently identify opportunities for improvement and make recommendations based on observationsProven ability to work in a highly diverse environment.Understanding of principles of finance and banking relationships and investments.Ability to balance multiple projects with competing deadlines.Strong demonstration of alignment with Adler's social justice mission and visionStrong communication acumen including written, oral, and listeningAbility to take direction and react to change productively and to handle other tasks as assignedStrong analytical and organizational skills; pays attention to details.Emotional intelligence and professional maturityProficient and functional knowledge of MS Office (Work, Excel, PowerPoint, and Outlook)Essential Duties & Responsibilities:
Working closely with the CFO, AVP for Budget & Planning and Controller, the Senior Financial Analyst contributes to a variety of financial responsibilities, including:
Support of the annual operating and capital budgeting process,Analysis of monthly financial statements with a written narrative on key budget variances,Regular updates of the projection for current year performance,Calculation of key financial metrics for internal and external stakeholders throughout the year,Evaluation of various programs and policies to clarify resource allocation decisions,Close consultation with departmental leaders to fully understand key revenue and expense drivers.Produces regular and ad-hoc financial and operating reports with recommendations and findingsProvides internal financial support and advises on complex or technical economic issuesResponsible for the analysis of various internal accounting reports and external comparative reports and benchmarks the best practices for implementation.Participates in monthly accounting closing processAssess, modify, and develop and implement processes/ procedures / systems to increase efficiency, accuracy, and data analytics insight.Analyze and update the allowance for doubtful accounts monthlyDevelops and maintains expert knowledge in the University's financial systems (including Colleague, Power BI, and Business Objects) and other databases to be able to extract and analyze data relevant to financial analysis and forecasting and to act as a point of contact for departments to assist in their accessing or understanding of financial reportsParticipates and provides information for the university auditsPerforms other duties as assignedWork Environment
Generally, the job requires 80% sitting, 10% walking, and 10% standing. This job is performed in a clean, and healthy environment. Hybrid-eligible.
Universal Core Behaviors:
Communication:
Effectively expresses oneself in all oral and written communications.Exhibits good listening and comprehension skills.Keeps others informed, as well as responds, in a timely manner.Demonstrates match between words and actions.Responds with tact, diplomacy, respect and composure when dealing with others.Promotes the spirit and essence of the School's Vision, Mission, Values and Key Strategies through both verbal and written communication.Teamwork and Collaboration:
Cooperates with others toward the achievement of common goals.Seeks consensus and win-win solutions to problems and conflicts.Contributes actively and participates fully in team initiatives.Puts success of the team above own interests.Builds and maintains constructive work relationships.Responsive to Change:
Supports changes in the work environment.Displays a proactive, problem-solving approach toward work.Committed to life-long learning by continuously increasing skills, knowledge and effectiveness.Actively seeks and initiates creative and innovative solutions.Exercises sound, accurate and informed independent judgment when needed.Quality-Driven and Accountable:
Results-oriented and committed to quality through continuous process improvement.Eliminates ineffective activities and closes performance gaps.Anticipates and responds to customer needs.Monitors own performance, accepts responsibility for actions and actively seeks feedback.Meets deadlines and completes projects and activities in a professional, timely manner.Seeks opportunities to increase productivity and/or reduce costs while maintaining highest quality standards (fiscally responsible).Support of Vision, Mission, Values, Key Strategies:
Supports and models the School's Values of social interest, compassion, justice, respect for the individual, honors diversity and difference, intellectual rigor, optimism, and collaboration.Articulates the School's Vision, Mission, and Key Strategies in a way to educate others.Demonstrates active commitment in advancing the School's Vision, Mission, and Key Strategies.Exhibits personal integrity, honesty, zeal, and compassion.Aligns work processes to advance the School's strategic plan and key strategies.
Equal Opportunity Employer
It is the policy of Adler University that all persons are entitled to Equal Employment Opportunity (EEO) protection. The University does not discriminate against any individual for employment because of age, religion, race, color, gender, gender identity, sexual orientation, national origin, ancestry, marital status, physical or mental disability, military status (including unfavorable discharge from the military), or any other category protected by federal, state, or local law.
As part of the Adler's equal employment opportunity policy, Adler will also take affirmative action to ensure that minority group individuals, females, disabled veterans, recently separated veterans, other protected veterans, Armed Forces service medal veterans, and qualified disabled persons are introduced into our workforce and considered for promotional opportunities.