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Financial Analyst

Location: Arlington, TX
Job # 10859398
Date Posted: 04-13-2018
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The financial analyst position requires independent decision making in the analysis, development and support of the financial management required to successfully support OIT in accordance to the institutions goals. The analyst will work with people in the OIT Management to report, monitor and manage key financial and non-financial performance indicators.
1. Account Reconciliation:
• Verify that all department payments are received, deposited, and reconciled to monthly and annual account statements and budgets.
• Monitor expenditures of department operations.
• Provide monthly statement of account reconciliations to include variance review and follow up, identifying spending trends, and account balance review.
• Reconcile payroll, travel, operational and telecommunication expenses and charge backs to statement of accounts.
• Assist in the calculation of labor and service costs for billing clients and cost centers.
• Track receivables and compare OIT expenditures to industry benchmarks.
• Reconcile employee monthly Pro Card statements to ensure correct expense account identification and monetary limits
• Assist the IT Manager-Vendor & Procurement Management in asset management, pro-card audit and spending plan analysis.
2. Financial Reporting:
• Assists in preparation and analysis of consolidated reporting at all levels of the organization on actuals, forecasts and prior fiscal year revenue and expenses.
• Assist in the development and executing financial modeling, financial statement analysis, decision modeling, reporting and ad-hoc analysis to support strategic initiatives.
• Assist in identifying and creating business performance metrics to provide management with analysis of services to obtain standards that align with the University and UT System mission.
3. Budgeting:
• Participates and manages, in partnership with the university’s individual and regional cost center owners, the general and administrative expenses, focusing on headcount, operating expense budgeting, forecasting and spending targets.
• Develop, support, analyze, and assist in the preparation and review of OIT’s monthly, quarterly and annual operating budget to include revenue and financial forecasting, detailed budget analysis actuals verses budget, balance sheet forecasts, cash flows budget planning, and data modeling.
• Coordinate and meet with directors and managers for assignment of appropriate expense allocation for year end review and approval of the budget.
• Responsible for annual budget to include data analysis, benchmarking, personnel and expense forecasting and final submission to Budget Office.
• Perform periodic adjustments to various spending categories i.e. payroll, personnel and operating expenses to ensure correct balances
4. Financial Research, Project and Audit
• Assist with research and analysis of variances to ensure data accuracy.
• Assist in the development of presentations and the management of special projects as required.
• Assist when needed audit management, readiness and support
• Provide support, analysis and assistance to the Project Management Program with cost and budget requirements.
• Assist with the review procedures for compliance and regulatory performance as needed.
5. Other Duties
• Performs other duties as assigned: to include assistance in procurement, telecommunications, human resource and financial accountability.
• Bachelor’s degree in Accounting, Business, Finance, or a related field
• Five years of progressively responsible experience in finance
 
• Experience with cost recovery models as well as billing and receivables.
• Strong computer skills i.e. Microsoft Word, Excel, and Access.
• Knowledge of database query experience, P&L statements, budgeting and forecasting.
• Excellent communication skills.
MBA and/or CPA certified.
• Knowledge of accounting, financial and management principles, practices and techniques.
• Be able to perform functions with limited supervision.
• Ability to analyze financial information and prepare and present detailed financial analyses and reports.
• Experience working with departmental budgets.
• Ability to identify, research and analyze variances for data quality control
• Knowledge of project management and problem solving skills
• Knowledge of costing and budget modeling
• Ability to work independently or in a team environment
• Ability to lead/manage departments or teams
• Ability to communicate effectively in a clear and concise manner, both orally and in writing including the preparation of management reports and presentations.
• Ability to establish and maintain effective working relationships with varying levels of management both within and outside the University.
• Strong organizational and interpersonal skills, multi-task oriented.
• High level of discretion and professional appearance and demeanor is needed.
• Working understanding of PeopleSoft (UT Share) FMS and HCM reporting tools
• Ability to run reports in Query Manager and UTZ Customization Report Tool
• Knowledge of ITSM ticket processing and CS Gold for creating refunds and deposits
• Experience in People Soft (UT Share) Commitment Control to perform research, post IDT’s and identify problems.
• Experience in People Soft HCM (UT Flow) to create budget and personnel transfers/changes

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Gyna M. Bivens
President & Executive Director
North Texas LEAD

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