What are the responsibilities and job description for the Financial Analyst II position at Enrollment Services?
Reporting to the Senior Business Officer, the Financial Analyst II will be responsible for leading complex financial reporting and analyses to assist Enrollment Services in business and financial short- and long-term planning. Specifically, this role will be in charge of managing Student Aid. This role will also be following a Hybrid type of work schedule.
Assignments will be either highly specialized, requiring advanced knowledge of a particular financial area, or analyses may be more general, requiring a thorough knowledge of a broader range of financial and technology transfer activities. The incumbent must:
Have intermediate to advanced knowledge of financial accounting principles, practices and procedures;
Possess demonstrated, excellent analytical, problem-solving, project management, and time management skills
Be able to analyze complex sets of parameters for unique payment distribution projects and develop/apply financial accounting tools to calculate and process payments based on the parameters in an accurate and timely manner
Be a self-starter, able to work independently under pressure on multiple simultaneous projects, prioritize tasks by making critical and reasoned judgments, initiate solutions, and manage own time
Have excellent interpersonal and communication skills, with demonstrated written and verbal skills to document and clearly/concisely explain analyses, reports, and operating standards and procedures to key stakeholders
Be customer service oriented, able to react patiently and diplomatically to stakeholder concerns and foster a cooperative approach
Have expert understanding/skills in using MS Office programs, general ledger systems, and knowledge management databases.
Job Responsibilities include:
Coordinate, organize and complete strategic and complex projects of a financial or business nature, which require identification and extraction of data, evaluation, interpretation, analysis and summation of findings. Present and review results with senior management.
Produce regular and ad-hoc financial and operating reports. Evaluate and analyze reports and data. Develop conclusions and recommendations and communicate orally or in writing to management.
Monitor financial operations for the USC Financial Aid Office and all Student Aid Awards on a monthly and ongoing basis, ensuring accuracy and consistency of financial and operating results. Develop a deep understanding of the key drivers of the budget, forecasts, and monthly variances. Identify problems or trends and evaluate and resolve or bring to the attention of senior management for consideration. Present monthly results, covering financial trends and key business metrics with detailed explanations of budget variances.
Planning, preparation of, and administration of department budget. Provide historical data and projections as required for budget development and planning.
Ensure compliance with university policies by timely and accurate analysis and distribution of proceeds from licensing-related activities.
Build and maintain consistent forecasting, modeling, and reporting processes. Maintain financial models and lead statement of activities forecast process, focusing on key historical and predictive business. Provide ad hoc and ongoing analytic support to business owners, including building financial models to support growth in existing business lines and new initiatives.
Review existing accounting, reporting, and data management systems and methods for adequacy and opportunities for process improvement. Contribute to the development and/or modification of financial systems and applications to enhance reporting and information capabilities.
Provide internal financial consulting services and advises on complex or technical financial issues.
Advise department staff on university financial policies and procedures, agency laws and regulations, and generally accepted accounting principles.
Other duties as assigned.
Preferred Qualifications:
MBA, CPA, and/or other advanced degree in a related field
5 years finance/budgetary experience, including statistical and forensic analysis
Forecasting experience
Capable of working unsupervised and independently as well as a part of a team
Outstanding communication, interpersonal, project management, and time management skills, including the ability to present work clearly and concisely
Experience with accounting software, MS Office and 10-key
Detailed understanding of GAAP
Highly organized with a strong attention to detail
Experience in an academic technology transfer office, in the areas of operations, accounting and finance, including royalty distributions
Experience using Wellspring Sophia database
Knowledge of the technology transfer process, including experience interpreting and managing license agreements, and an understanding of Bayh-Dole.
Experience with Workday Financials
Supervisory experience of 1-4 staff
Minimum Education: Bachelor's degree Minimum Experience: 3 years Minimum Field of Expertise: Business education or closely related field. Experience in financial analysis and reporting with knowledge of computer simulation and forecasting techniques.
