Financial Management Analyst III

Duke CareersDurham, NC
52d$74,251 - $139,220

About The Position

Duke University: Duke University was created in 1924 through an indenture of trust by James Buchanan Duke. Today, Duke is regarded as one of America’s leading research universities. Located in Durham, North Carolina, Duke is positioned in the heart of the Research Triangle, which is ranked annually as one of the best places in the country to work and live. Duke has more than 15,000 students who study and conduct research in its 10 undergraduate, graduate and professional schools. With about 40,000 employees, Duke is the third largest private employer in North Carolina, and it now has international programs in more than 150 countries.  Occupational Summary Provide financial leadership for the College of Arts & Sciences at the divisional level as assigned (e.g. Natural Sciences, Humanities, Social Sciences and Undergraduate education). Plan, develop, and coordinate financial analyses and reporting in support of operations and priorities. Responsibilities include management of budgets, faculty start-up funds, cost analyses, and other reporting. Serve as the primary financial contact for the areas assigned and ensure compliance with University and requirements.

Requirements

  • Bachelor’s degree in Accounting, Finance, Economics, Business Administration, or related field.
  • Minimum of six years of progressively responsible financial management or cost accounting experience, preferably in higher education or research-intensive environments.
  • OR AN EQUIVALENT COMBINATION OF RELEVANT EDUCATION AND/OR EXPERIENCE

Nice To Haves

  • MBA or CPA preferred.
  • Strong analytical and financial modeling skills; ability to manage complex budgets and commitments; demonstrated knowledge of compliance requirements for service centers and sponsored research.

Responsibilities

  • Lead financial planning and budget development.
  • Manage and monitor faculty research commitments, start-up packages, and memoranda of understanding (MOUs); maintain commitment database, process related transactions, and provide reporting on balances.
  • Partner with department chairs, directors, and business managers to prepare budgets, monitor expenditures, and develop long- and short-term financial plans aligned with divisional priorities.
  • Provide guidance on resource allocation, including faculty hiring, equipment and initiatives.
  • Reconcile and analyze accounts monthly, including operating, allocated, endowment/gift, and sponsored funds.
  • Lead month and year-end closing, financial forecasting, and variance analysis; prepare financial reports and presentations for leadership.
  • Develop and maintain forecasting models to assess long-term sustainability of resources.
  • Serve as subject matter expert on complex fund restrictions, donor/sponsor compliance, and internal controls.
  • Oversee purchasing, travel, and expense management processes; approve high-level financial transactions.
  • Supervise reconciliation, overdraft management, and ensure sponsored project compliance.
  • Maintain and update financial standard operating procedures (SOPs); provide training to faculty, staff, students, and visiting scholars on financial systems (e.g., SAP, Concur, iForms).
  • Participate in special projects and ad-hoc initiatives as assigned by the Director of Finance.
  • Provide back-up support for other Trinity Finance staff.

Benefits

  • Duke provides comprehensive and competitive medical and dental care programs, generous retirement benefits, and a wide array of family-friendly and cultural programs to eligible team members.
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