Financial Analyst - Budgeting & Financial Reporting

Lycoming College•Williamsport, PA

About The Position

Lycoming College is hiring a Financial Analyst, Budgeting and Financial Reporting to work within its Business Office The Financial Analyst – Budgeting and Financial Reporting provides leadership and administrative oversight for the overall college budget including the preparation, monitoring and variance analysis of actual income and expense to the budget projections. Reporting to the Vice President for Finance and Administration, this role is responsible for supporting the College’s financial planning, budgeting, forecasting, and reporting processes. This role analyzes financial data, prepares management reports, monitors budget performance, and provides insights to support informed business decisions and financial accountability. This is a full-time position with typical hours of Monday through Friday 8am-430pm. Who We Are: Founded in 1812, Lycoming College is one of the nation’s oldest and most respected liberal arts colleges. Today, our community of 1,200 active learners from 26 states and territories and 13 countries comprises a student body that is 31 percent domestic students of the global majority or international, all of whom work with our renowned scholars to craft customized combinations of market-driven majors, minors and concentrations across our 52+ academic programs. Students compete in 20 NCAA Division III sports, participate in faculty-driven research, thrive in a robust program of internship experiences, and study abroad in more than two dozen countries. Lycoming College has one of the highest endowment-per-student ratios in the country. The institution is a member of the Annapolis Group of Liberal Arts Colleges and is recognized by U.S. News as a top 100 National Liberal Arts College and the No. 21 Best Value School. Lycoming College is dedicated to providing a high-quality liberal arts and sciences education for all students. Learn more at https://www.lycoming.edu . The College proudly celebrates and values the principles of inclusive excellence. In its 2021 Strategic Plan, Lycoming College committed to recruiting more faculty and staff from historically underrepresented groups. The community works to foster an inclusive campus community and to support the success of all faculty, staff and students. The College recognizes that a community formed of a wide range of backgrounds and experiences benefits all its members and serves to advance Lycoming’s goal of preparing graduates to become ethical, informed, and engaged individuals Lycoming College is an equal opportunity employer.

Requirements

Bachelor’s degree in Finance, Accounting, Business, Economics or a related field.
3–5 years of experience in financial analysis, budgeting, or financial reporting
Advanced proficiency in Excel; experience with financial systems or ERP tools.
Strong analytical, problem-solving, and attention-to-detail skills
Ability to communicate financial information clearly to non-financial stakeholders
Financial analysis and critical thinking
Data accuracy and integrity
Time management and ability to meet deadlines
Collaboration and cross-functional communication
Continuous improvement mindset
Must be able to successfully pass a criminal history record check and financial credit check

Nice To Haves

CPA, CMA, or similar professional certification (or progress toward certification)
Experience in higher education
Experience with Colleague or Ellucian
Knowledge of BI or reporting tools (e.g., Power BI, Tableau)

Responsibilities

Prepare, analyze, and maintain annual budgets, forecasts, and long-term financial plans
Prepare, update and maintain on an ongoing basis personnel projections to determine impacts of staffing changes and other personnel decisions
Monitor actual financial performance against budget and identify variances, trends, and risks
Develop and produce monthly, quarterly, and annual financial reports for Board, management and other key stakeholders
Analyze financial statements, cost structures, and operational data to support decision-making
Collaborate with department managers to track spending and ensure budget compliance
Support the month-end and year-end closing processes related to reporting and analysis
Create financial models to evaluate scenarios, initiatives, and cost-saving opportunities
Ensure accuracy, consistency, and timeliness of financial data and reports
Assist with audits by providing financial documentation and explanations as needed
Improve budgeting and reporting processes, tools, and controls
Service on assigned committee’s or working group to support the College’s mission and/or goals.
Assist in setting college financial goals and hold financial mangers accountable to meet them.
Create Standard Operating Procedures for all processes.

Benefits

Health insurance – with a wide variety of health plan options available
Dental insurance, including orthodontia coverage.
Vision insurance
Flexible spending accounts for medical expenses and dependent care expenses
Life & accidental death and dismemberment insurance
Long-term disability insurance
Short-term disability insurance
Cancer insurance
Personal accident insurance
Wellness program
Employee assistance program
403(b) retirement plan with up to 8% contributions from the College
Free tuition for employees, spouses, and eligible dependents at Lycoming College
Free tuition for eligible dependents at over 600 colleges nationwide through Tuition Exchange, Inc.
Free tuition for employees, spouses, and eligible dependents at the Pennsylvania College of Technology
Generous paid time off (PTO)
Paid Parental Leave
14 holidays per year
Summer hours
15% discount at the campus bookstore, excluding textbooks and snacks.
Reduced rates for meal packages for on-campus dining facilities.
Use of the campus recreations center and gym facilities for employees.
Use of the campus Library.