Financial Analyst 2

University of Miami•Coral Gables, FL

About The Position

The Financial Analyst 2 supports the business planning process of the organization by collecting, monitoring, and analyzing data, and developing projections, reports, and presentations to assist senior management in their business planning decision-making process, while ensuring adherence to departmental policies and procedures.

Requirements

Bachelor’s degree in relevant field
Minimum 3 years of experience in financial analysis, budgeting, and forecasting, preferably within an IT or technology environment; 5 years preferred.
Knowledge of generally accepted accounting procedures and principles.
Knowledge of budget control methods, policies, and procedures.
Ability to prepare financial and accounting records.
Ability to analyze, consolidate, and interpret accounting data.
Ability to recognize, analyze, and solve a variety of problems.
Ability to exercise sound judgment in making critical decisions.
Ability to compile, organize, interpret, and communicate accounting data and results concisely.
Ability to manage a budget and work within the constraints of that budget.
Excellent communication and presentation skills.
Ability to work independently and collaboratively in a fast-paced environment.
Strong organizational skills and ability to manage multiple priorities.
Any appropriate combination of relevant education, experience and/or certifications may be considered.

Responsibilities

Prepares monthly revenue and expenditure projections for the Enterprise Network Services (ENS) business unit. Monitor, analyze and identify any adjustments/corrections as necessary.
Utilize the ENS billing system (ServiceNow) to project and capture revenue through open and closed workorders for one-time charges, tech time worked and inventory items.
Prepare monthly journal entries for billing errors, Cost of Goods Sold (COGS), Expendable Minor Equipment and Common Equipment use, GAAP, and other adjustments/expense reclassifications.
GAAP – prepares monthly schedule of prepaid expenses and submit Workday journals to book the entries; reconcile prepaid expense on the balance sheet.
Prepares journal entries with supporting documentation, reconciles general ledger and subsidiary accounts, and analyzes and reconciles expenditure and revenue accounts.
Provides the ENS staff with account and object code usage, budget guidance, open encumbrances list for purchase orders that need closing and/or payment processing, etc.
Prepares quarterly variance and projection reporting for the Office of Financial Planning and Analysis, including analysis, explanations, and input into Anaplan.
Fiscal Year-End Closing – work closely with the Business Operations team to ensure invoices are paid on-time and prepare accrual journals if necessary. Provide timely reports and adjusting journals to calculate non-compensation year-end balance. Prepare final ENS P&L for the department.
Fiscal Year-End Inventory – performs inventory count and verification of Telecommunications inventory in all locations (Coral Gables and Medical campuses and off-site storage). Prepare year-end journals for inventory adjustments.
Annual budget preparation – Project revenue and expenses for the budget year for non-compensation expenses, working with the ENS team on major categories such as licenses, support/maintenance, and outside services. Input into Anaplan all non-compensation categories.