Financial Analyst

George Mason University • Fairfax, VA

3d • Hybrid

About The Position

The primary purpose of the Financial Analyst is to assist the Senior Director, Finance and Administration in management of financial resources to the highest and best use for the College and to ensure compliance with all state and university policies and procedures. Primary job duties include processing financial transactions, reconciliations, monthly and annual financial reporting and analysis, and support of the budget development process.

Requirements

• Bachelor's degree in related field, or an equivalent combination of education and relevant experience
• Experience with financial processes including purchase requisitions, journal vouchers, account reconciliations, and financial reporting
• Experience with producing financial reports and providing analysis of the financial results they contain
• Experience conducting ad hoc financial analysis and working with large amounts of data
• Experience with Masons fiscal systems: Banner, MicroStrategy, eVA, Foundation Reporting System, Mason Finance Gateway, and Ramp
• Experience with grants post-award reporting and reconciliation
• Experience with budget reconciliations
• Experience with foundation reporting
• Experience processing scholarships
• Knowledge of fiscal policies and procedures
• Advanced organizational and financial analysis skills
• Effective written and verbal communication skills
• Demonstrated strong communication and interpersonal skills in a professional environment
• Excellent attention to detail
• Ability to manage multiple projects in a fast-paced environment
• Ability to work collaboratively with a diverse population
• Ability to use MS Office Suite (Word, Excel, PowerPoint)
• Advanced proficiency in Microsoft Excel, with the aptitude and initiative to quickly learn and effectively utilize new software and systems as needed

Nice To Haves

• Experience in accounting principles, financial analysis, and budgeting
• Experience with development of annual budgets and quarterly forecasts for complex organizations
• Experience with Costello College of Business fiscal policies and procedures
• Knowledge of university or college policies, procedures, systems, and offices related to budgeting and financial management.

Responsibilities

• Assist the Senior Director, Financial and Administration with generation of monthly financial reports for Costello as a whole, as well as individual departments and programs within the college
• Assist with ad hoc analysis of financial areas within the college as needed
• Assist in the preparation of annual financial statements and budgets
• Track enrollment and the related financial impact of revenue distributions in the new budget model, as well as direct revenues that fall outside of the new model (i.e., Risepoint, course fees, rollover, etc)
• Track instructional costs and ensure the faculty teaching load can be allocated in annual financial statements
• Track operating budget usage during the fiscal year and project usage
• Prepare budget development templates and assist in loading the developed budget into the universities budget development system each year
• Monitor financial activity to ensure that activity meets planned expenditures and is in accordance with state and university policies and procedures
• Support the tracking of ad hoc manual budgets such as startup obligations that spread over multiple years, distributing cost of space between Costello functions, building operational projects, new program with initial financial investments, foundation annual budgets, etc
• Assist with other duties as assigned to ensure efficient operation and oversight of fiscal resources for the Costello College of Business
• Process personnel and financial transactions using university processes to ensure charges are made to appropriate accounts and organizations to include: processing of journal vouchers, scholarships and grants, position labor distributions, future funding forms, and other transactions to ensure costs are aligned with the appropriate cost centers in the college’s financial records
• Submit position maintenance forms, position control, or labor distribution forms as needed to ensure correct budget, org assignments, and salary payments are reconciled to correct orgs and no over/under payments are made
• Ensure approved grant labor is correctly aligned with grant budgets on a monthly basis
• Complete reconciliations on assigned orgs and funds on a monthly basis and ensure any corrective actions are taken in a timely manner and in accordance with the university policy timeline
• Work with team members as needed to ensure all revenue, labor, and expense reconciliations are completed in a timely and accurate manner
• Manage all reporting assignments including, but not limited to, AACSB Surveys, HR/Fiscal Audits, OIEP Census Audits, reporting on instructional costs, and other reports as requested
• Provide leadership reports as needed for strategic planning and accreditation
• Execute special projects as assigned by the Senior Director, Finance and Administration.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level