Financial Analyst: Financial Information Office, HCB - UTK

University of Tennessee•Knoxville, TN

3d•Onsite

About The Position

The Haslam College of Business at the University of Tennessee, Knoxville, invites applications for a full-time, exempt Financial Analyst in the Financial Information Office (FIO). Reporting to the Assistant Director of Finance & Administration, the Financial Analyst is responsible for comprehensive financial reporting, budget analysis, and labor distribution management for the College. This role oversees the monitoring of actuals versus budget, conducts variance and scenario analysis, and manages labor schedules to ensure accurate allocation of salary, benefit, and related labor costs across multiple departments and programs. The position plays a key role in auditing and improving processes related to labor distributions while supporting monthly reporting and financial compliance. Through strategic use of the campus budget model, the Financial Analyst supports forecasting, resource planning, and long-term financial decision-making with significant impact on college operations.

Requirements

Bachelor’s degree required in Accounting, Finance, Business, or other closely related field
2 years of professional finance or accounting experience; experience with Microsoft Excel, databases, report writing software and ERP systems.
Possess exceptional computer and analytical skills with the ability to translate raw data into information and knowledge through the use of reports and graphical displays.
Knowledge of data warehouse methodologies, data modeling, and analytics.
Must be proficient in Microsoft Excel and be familiar with software such as PowerBI, PowerQuery, Argos, Crystal Reports or Tableau.
Must possess organizational skills; strong oral and written communication skills with the ability to communicate effectively with internal and external management and college faculty and staff.
Ability to manage projects and facilitate successful and timely completion.
Must be self-motivated and able to self-direct the work.
Applicants must be legally authorized to work in the United States on a full-time basis without need now or in the future for sponsorship for employment-based visa status.

Nice To Haves

Higher education experience; experience with Oracle and/or other ERP system(s); experience with fund accounting and non-profit or governmental reporting.
A working knowledge of Oracle or other (ERP) software and the related data warehouse reporting component is preferred.
Ability to collaborate and independently determine how this role interacts among the work of others.

Responsibilities

Labor Distribution Management and Reporting: Manage monthly entry and/or updates of labor schedules in campus ERP (DASH) ensuring accurate allocation of salaries, benefits, supplemental pays, and tuition waivers for the college
Coordinate with the HCB Financial Information Office, HR team, and academic department administrative staff on labor distributions that do not post as anticipated to confirm percentages, chart strings/SPNs, and the correct assignment(s), providing guidance and expert recommendations on best options for correctly assigning labor and implementing the changes
Review and reconcile monthly labor-related reports to ensure proper accounting of all current expenses and deferred accruals
Manage routine audits of labor distribution entries and postings to ensure accuracy
Develop and maintain procedures for managing labor distributions across the various departments and units within the college; recommend and implement continuous process improvements through FIO leadership
Advise department leadership regarding prospective costing changes, retroactive changes, and the downstream impact to budgets
Collaborate with departmental administrators and the HCB FIO team to ensure consistency in labor schedules across the College, hosting discussions related to labor distribution and the impacts seen in HCB units
Provide training and guidance to HCB administration financial staff who may assist in process labor on labor distribution procedures
Budget Monitoring, Reporting, and Variance Analysis Produce and maintain financial and operating reports from DASH, Excel, Access, Argos, PowerBI, Tableau and other software platforms
Provide detailed analysis of program budget reports to inform model decision-making, forecasting, and scenario modeling
Summarize and consolidate periodic and annual reports for Department Heads and College leadership
Monitor, report, and analyze Profit & Loss statements
Analyze budget variances to determine cause, and work with departments to resolve issues
Identify and research trends and make adjustments to models
Present adhoc analysis based on own evaluation and analysis of policies and procedures and how they affect the budget and financial goals of the College using own methods of professional discretion
Budget Development and Implementation: In collaboration with Assistant Director, enter the annual budget for the college, including the uploading and downloading of budget information to and from the ERP system(s)
Attend and participate in annual budget meetings to gather data to use in developing budget inputs, scenarios, and plans
Gather data from various sources to use in developing budget inputs, scenarios, and plans
Routine budget reconciliation and maintenance as needed