Financial Analyst

Lyric Opera of Chicago•Chicago, IL

2d•Onsite

About The Position

The Financial Analyst is a member of the Financial Planning and Analysis (FP&A) team within Lyric’s Finance department. Reporting to the Director of Financial Planning and Analysis, the Financial Analyst assists with monitoring the company’s financial performance against budget and analyzing variances. Working closely with department personnel throughout the company, this position will help prepare annual budgets and participate in the ongoing monitoring of performance against budget. This position will assist in exploring opportunities to optimize existing business processes and/or implement new processes.

Requirements

BS in Accounting, Finance, or Economics or equivalent experience required.
2+ years of prior financial analysis experience is strongly preferred.
Demonstrated advanced proficiency with Microsoft Office, especially Excel, and comfort working with budgeting and accounting software.
Knowledge of generally accepted accounting principles.
Demonstrated problem-solving and organizational skills with strong attention to detail.
Must be able to handle multiple priorities in a fast-paced team environment.
Ability to work and think independently, a motivated self-starter who also works well in a larger team.

Nice To Haves

Prior non-profit experience helpful but not required.

Responsibilities

Partner with assigned departments during annual budget planning cycles to assist in the creation of area budgets and to ensure completeness, accuracy, and alignment with current and long-range planning.
Upload and maintain department budgets in Prophix, Lyric’s budget planning system, and assist departments with navigating and understanding their Prophix reports.
Prepare company-wide annual budgets including interest expense, insurance expense, and occupancy-related allocations.
Work closely with area departments and assist the Director of Financial Planning and Analysis with quarterly re-forecasting of fiscal year-end results.
Maintain current records of season planning documents, calendars, budget templates, and system training documentation.
Monitor budget to actual performance during the fiscal year and assist the Director of Financial Planning and Analysis and other department personnel in identifying, understanding, and, when appropriate, course-correcting budget to actual variances.
Support month- and year-end reporting activities, including providing variance analyses and report reconciliations for assigned areas.
Facilitate variance analysis meetings with assigned areas as needed.
Prepare and distribute monthly departmental financial activity reports as part of month-end close.
Prepare ad-hoc analyses, analyze financial results of productions and events, and assist with periodic grant and executive-level reporting.
Perform Prophix system maintenance and updates as required, serve as a back-up system administrator.
Other duties as assigned.