Financial Analyst I

Texas A&M Transportation Institute•Bryan, TX

18h•Hybrid

About The Position

The Financial Analyst I, under general supervision, is responsible for preparing projections, analyzing variances, and reporting findings. The incumbent will prepare reports and financial presentations and will perform data entry and provide billing and accounting related support to service centers, external customers, general ledger reconciliations and management reporting. Continued employment in this position is contingent upon availability of funding and satisfactory performance.

Requirements

Bachelor’s degree or equivalent combination of education and experience.
Two years of related experience.
Knowledge of word processing and spreadsheet applications.
Ability to multitask and work cooperatively with others.
Verbal and written communication skills.
Analytical and organizational skills.
Ability to work with large data sets.
Ability to be prompt
Ability to be dependable

Nice To Haves

Bachelor’s degree in Accounting
Experience in a business office.
Attention to detail and accurate data entry is required.
Customer service and problem-solving skills.
Excellent oral and written communication skills.
Working knowledge of Excel.
Ability to multi-task, set priorities, and work cooperatively with others.
Ability to adapt to change as new initiatives are implemented.

Responsibilities

Prepares projections, analyzes variances, and summarizes findings. Researches and analyzes data in support of strategic goals and process enhancement. Leverages artificial intelligence (AI) to enhance data analysis, identify trends and patterns, and drive process improvements and operational efficiency. Investigates budgeting, accounting, and departmental issues; analyzes data. Maintains Business Objects reports and Power BI shared workspaces that support division objectives.
Provides support in the agency's service center financial transactions. Ensures accurate entry into the Financial Accounting Management Information System (FAMIS) for manual invoices, budgets, interdepartmental transfers (IDTs) and various transaction corrections. Provides support in the monthly billing process in various systems (Oracle, FAMIS, and Maestro), assists support staff responsible for processing billings. Assists the Financial Manager in the preparation and review of service rate studies, compilation and preparation of current analysis for new service center requests to determine if rates are reasonable and in compliance. Collaborates with the Financial Manager in the preparation and analysis of the annual review for service centers.
Prepares and enters journal entries in FAMIS and performs and/or coordinates monthly reconciliation of all assigned general ledger accounts. Reconciles entry of accounts receivable and daily cash summary sheets at control level and reconciles subsidiary automated accounts receivable to the general ledger monthly. Assists Manager, Accounting and Financial Analyst III in Annual Financial Report (AFR) workpaper development, analysis, preparing and posting AFR entries for FAMIS and Uniform Statewide Accounting System (USAS), including Note 2 and completion of Capital Asset Note Submission System (CANSS) reporting.
Provides support in external customer billings and accounting; assists in the entry of budgets and prepares manual invoices. Drafts external customer agreements, contracts, and amendments. Collaborates with principal investigators, TAMUS OGC, and RELLIS Administration to incorporate updates and submit for approval. Routes final documents to CFO for approval.
Provides monthly fund balance verification for management reporting and monthly fluctuation analysis of financial statement activity under general supervision of Director, Accounting and Chief Financial Officer. Analyzes financial statements and prepares management reports for FNS leadership.
Performs other duties as assigned.