Harvard University Financial Analyst IV in Cambridge, Massachusetts
42626BRAuto req ID:42626BRLocation:USA - MA - Cambridge Business Title:Senior Financial AnalystSub-Unit:------------ Salary Grade:058Time Status:Full-time Union:00 - Non Union, Exempt or Temporary Additional Qualifications:
MBA or Master’s degree in relevant field preferred
Knowledge of Microsoft Office Suite, advanced Excel and PowerPoint skills
Advanced knowledge of budget management, financial analysis and financial modeling; working knowledge of accounting principles
experience with financial systems and data query tools
Demonstrated ability to successfully manage multiple projects on deadline.
Demonstrated experience in desktop computing systems, including spreadsheets, word-processing and databases.
Requires demonstrated knowledge/understanding of generally accepted accounting principles (GAAP).
Experience in a not-for-profit environment preferred.
Excellent oral and written communications.
Excellent accounting, organizational, and analytical skills.
Ability to work independently and in a team environment.
Experience utilizing Oracle financial systems.
Additional Information:• Please note: Harvard University requires pre-employment reference and background screening.
• Harvard University is unable to provide work authorization and/or visa sponsorship.
• This position has a 90-day orientation and review period.
Harvard offers an outstanding benefits package including:
Time Off: 3 - 4 weeks paid vacation, paid holiday break, 12 paid sick days, 11.5 paid holidays, and 3 paid personal days per year.
Medical/Dental/Vision: We offer a variety of excellent medical plans, dental & vision plans, all coverage begins as of your start date.
Retirement: University-funded retirement plan with full vesting after 3 years of service.
Tuition Assistance Program: Competitive tuition assistance program, $40 per class at the Harvard Extension School and discounted options through participating Harvard grad schools.
Transportation: Harvard offers a 50% discounted MBTA pass as well as additional options to assist employees in their daily commute.
Wellness options: Harvard offers programs and classes at little or no cost, including stress management, massages, nutrition, meditation and complimentary health services.
Harvard access to athletic facilities, libraries, campus events and many discounts throughout metro Boston.
More about Financial Administration Department: http://finance.harvard.edu/home
Harvard's Financial Administration Department (FAD) is dedicated to supporting the teaching and research missions of Harvard University by providing outstanding financial services to the Harvard community; by providing support, guidance and consultation; by working to ensure compliance with University and federal guidelines; by mitigating risk; and by promoting the financial health of the University.
FAD is responsible for oversight of the University’s finances, including efficient and accurate transaction processing, financial reporting, budgeting and financial planning, cash and debt management, internal audit services, risk management and sponsored program administration, and administrative systems services.
The department, led by the Vice President for Finance (VPF), is comprised of eight reporting units:
• Financial Systems Solutions
• Office of the Controller
• Office of Finance and Administration
• Office of Financial Strategy and Planning
• Office for Sponsored Programs
• Office of Treasury Management
• Risk Management and Audit Services
• Strategic Procurement
To consistently deliver high-quality, innovative service and leadership in financial planning, analysis, operations and compliance, in support of Harvard’s teaching and research objectives.
We aspire to provide the Harvard community with outstanding financial services to enable the dissemination of knowledge and the advancement of intellectual discovery. We commit to steward the University’s assets efficiently, such that resources are assured for current and future generations of faculty and students.
Department:Office of the ControllerPre-Employment Screening:Education, IdentityJob Function:Finance School/Unit:Financial Administration EEO Statement:We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, gender identity, sexual orientation or any other characteristic protected by law.Job Summary:Facilitate diverse financial analysis for a school/unit and assist department management with their financial planning efforts, budget analysis and monthly reporting.Core Duties:
Provide analytical and quantitative analysis to support decisions related to the preparation of the annual budget, mid-year forecasts and multi-year financial plans
Develop reporting for use in financial planning
May function as subject matter expert and/or project lead
Advise unit/school on financial questions (e.g., endowment planning, sponsored awards, and capital planning considerations) in support of financial processes
Design and deliver presentations that educate School leadership on key financial issues
Work closely with other groups within the school/unit finance area to better understand University-wide financial management issues that inform planning, reporting and analysis
Provide staff mentoring and training
Ensure financial compliance with University policies and procedures and applicable legal rules and regulations
Bachelor’s degree or equivalent work experience required
Minimum of 7 years’ relevant work experience
- Work is performed in an office setting
Additional Responsibilities:The Senior Financial analyst will have three main responsibilities. The first will be supporting and preparing the annual financial components of the university’s multiple 990 forms. The next will be assisting the implementation and monitoring of the university’s internal controls over financial reporting initiative. The last portion will be in the Accounting Operations area, where the focus will be on security, chart of account management, subject matter expert in Oracle (the financial software), account reconciliations, post audit reviews, and inter tub billings.
• Preparation of work papers and schedules relates to the financial components of the annual Form 990
• Performs complex interim and year end reporting
• Manages the chart of accounts security and subject matter expert in Oracle
• Performs account reconciliations, post audit reviews, and researches and resolves issues
• Responsible for ensuring general ledger balance reconciliations are supported by sufficient work paper support and are appropriate and accurate.
• Prepares key components of the university annual financial statements and related footnotes which are used by the University’s rating agencies, bondholders, alumni, etc.
• Implement and monitor internal controls over financial reporting, able to identify potential areas for efficiency or improvement within existing processes
• Completes special projects as directed by the Office of the Controller
• Utilizes Oracle financial systems, ad hoc querying tools, and other financial software to assist in required reporting and analysis requests both internally and externally