Job Description Summary:
The George Washington University Columbian College of Arts and Sciences is the oldest and largest of the university's academic units, providing the foundation for GW's commitment to the liberal arts and a broad education for all students. The college encompasses 42 academic departments and programs for undergraduate, graduate and professional studies, and 28 research centers and institutes. An internationally recognized faculty and active partnerships with prestigious research institutions place Columbian College at the forefront in advancing policy, enhancing culture and transforming lives through research and discovery.
The Columbian College is seeking a skilled and organized Sr. Financial Analyst that is responsible for various finance and reporting functions within the CCAS Finance & Administration department. This position will assists with for financial analysis, trending and forecasting for several organizations within CCAS including preparing budget reports, analyzing monthly expense activity, meeting with budget managers to discuss the annual budget, 5-year plan and other areas of strategic financial planning. The monthly budget reporting process includes data collected from the general ledger and revenue and expense analysis, identifying potential areas for efficiencies and cost containment.
Assists the Associate Finance Director and Assistant Finance Director in the development of the annual budget for the School by preparing multi-year budget projections and resource allocation recommendations; reviews and analyzes expense and income data monthly for year-end forecasts for several budget organizations and recommends corrective action during the year if needed. Prepares Unit budget reports for several departments, ad-hoc reports, and other requests for financial information.
Work with Departmental Faculty/Staff in advanced data analysis and reporting. The successful candidate must be a detail-oriented, collaborative team player who is comfortable working in a fast-paced environment on varied activities that support the college's Finance & Administration team.
Leads data preparation and analysis efforts for ongoing and ad-hoc deliverables such as Effort Reporting, Merit distribution, and Budget/Accounting/Expense Reconciliations.
Responsible for consolidating and analyzing monthly Budget-to-Actual variances by department.
Review and approve expense reports to ensure compliance with university and CCAS requirements.
Extensive reporting responsibilities including departmental financial reports and endowment reporting.
Coordinate with academic departments and research teams to track Effort Reporting submissions.
Assist departments with inquiries related to expenses, funding transfers/transactions and budget activity.
Coordinate and submit journal entries, Chart of Accounts updates, and other related activities as needed.
Performs other related duties as assigned. The omission of specific duties does not preclude the supervisor from assigning duties that are logically related to the position.
Develop monthly, quarterly and annual financial reports to include analysis of all expenditure and revenue categories compared to the approved budget. Disseminate monthly variance reports to all departments and work with department Chairs to clarify variances and provide additional information to update quarterly forecasts. Conduct training for department staff in the creation and use of financial reports to track spending activity. Provide monthly summary level data related to sponsored award activity to include all active grants to identify spending and expenditure level issues.,
Collaborate with the Director of Budget and Accounting in the creation of departmental and college wide annual budgets utilizing trend information, ongoing variance analyses and input from key stakeholders.,
Provide monthly financial analyses related to start up commitments by department and faculty. Monitors commitments/spending to ensure budgetary compliance. Initiate bills to Provost and Office of Vice President for Research for cost shares. Track college wide commitments from internal funding sources, coordinate transfer of funds and provide monthly reporting on attainment and remaining outstanding funds.,
Oversee effort reporting process, institutional foreign revenue analysis, and other internal and external financial reporting surveys as required.,
Supervise and coordinate projects related to accounting intern; establish methods for process improvement and efficiency.,
Serves as College liaison to establish access within Banner and EAS information systems.,
Perform other duties as assigned.
The incumbent generally performs job duties in a normal business office environment. This involves working while sitting at a desk for extended periods of time. The job also includes significant event planning and execution, which requires a significant level of physical activity, including standing, walking, and occasionally lifting office supply items that may weigh up to 20 pounds. Additionally, the incumbent may be required to attend meetings in other offices, or deliver and/or retrieve information from other offices around campus.The ability to operate basic office equipment such as personal computers, duplicating machines, fax machines and standard office telephones may also be required.
Excellent analytical abilities combined with a clear focus on thoroughness and quality of information.
Advanced knowledge and skills using Banner and Enterprise Accounting System.
Demonstrated experience of multi-tasking, being organized and detail oriented.
Previous experience in higher education setting.
Ability to understand and interpret University policies and procedures in the areas of finance, procurement and sponsored programs.
Excellent customer service attitude and skills.
Bachelor’s degree in an appropriate area of specialization plus 5 years of relevant professional experience. Degree requirements may be substituted with an equivalent combination of education, training and experience.