Budget and Financial Reporting Analyst - School of Continuing Studies

$47,586 - $87,558/Yr

Georgetown University - Washington, DC

Full-time

Washington, DC

Educational Services

About the position

The Budget and Financial Reporting Analyst position at Georgetown University's School of Continuing Studies (SCS) is a pivotal role within the Finance Team. This position is designed for individuals who are passionate about financial planning and analysis in an academic setting. The Analyst will collaborate closely with the Deputy Senior Business Manager (SBM) and other financial analysts to manage budgeting, financial planning, and compliance with university policies. The role emphasizes a student-first culture, reflecting Georgetown's Jesuit values, and aims to support the school's mission of innovation and growth in response to evolving educational needs. In this role, the Analyst will coordinate financial planning activities, oversee data entry into financial systems, and support budget formulation and execution. This includes managing non-compensation expenses, revenue planning, and ensuring accurate costing allocations across various fund types. The Analyst will also engage in compensation planning for faculty and staff, support inter-campus transactions, and conduct routine analyses of budget versus actual reports. The position requires a proactive approach to financial reporting and analysis, ensuring that all financial activities align with the university's strategic goals. The Analyst will also play a crucial role in enrollment planning, working closely with the Executive Director of Enrollment Management to forecast tuition revenue and financial aid needs. Additionally, the Analyst will assist with gift planning and research administration, providing support for sponsored projects and internal research performance analysis. The role is dynamic, involving participation in school-wide events and ad hoc projects, making it essential for the Analyst to be adaptable and collaborative. Overall, this position offers an opportunity to contribute significantly to the financial health of the School of Continuing Studies while fostering a culture of excellence and innovation in higher education.

Responsibilities

• Coordinate and support financial plan preparations, participating in planning meetings, running and compiling appropriate reports, and recording minutes from discussions with SBMs and unit leaders.
• Oversee data entry into systems of record for planning, budgeting, position budgeting, and year-end projections.
• Support budget formulation and execution activities, inclusive of non-compensation expenses and non-tuition revenue planning, chart of accounts management, and costing allocations for all fund types.
• Support the SBM and appropriate HCM professional on all compensation planning activities for faculty, staff, and student employees, including reporting and analysis of compensation trends.
• Support planning and execution of all inter-campus/inter-school transactions for all fund types, including coordination with financial analysts and initiating journal transfers according to budget/spending plans.
• Support routine analysis of budget to actual reports in accordance with the campus and university schedules, procedures, and policies.
• Prepare routine budget reports for expenditure analysis and control against approved budget for assigned unit(s).
• Engage department and unit leaders for periodic review and monitoring of organizational spending and budget forecasts.
• Utilize Workday and Adaptive reports to inform managers and department leaders of fund availability and anticipate future financial needs.
• Reconcile central cost centers and provide support to departments for completion of cost center reconciliations.
• Support and lead budgeting and forecasting for undergraduate and graduate enrollment, tuition, financial aid, and federal work study.
• Coordinate with Executive Director of Enrollment Management for planning graduate applications and tuition revenue projections.
• Support the SBM with gift planning efforts, including budget development and spend review analysis.
• Attend all relevant and required trainings, including SCS All Staff Meetings.

Requirements

• Bachelor's Degree in Finance, Accounting, Business Administration, or a related field.
• Three to five years' of relevant professional experience OR a Master's degree or higher in a relevant area of study.
• Budgeting and forecasting experience; Experience in higher education financial administration preferred.
• Ability to interpret the strategic goals and plan for assigned units.
• Enrollment and financial planning experience, along with revenue and expenditure analysis experience.
• Prior experience with complex financial and longitudinal planning and financial forecasting.
• Ability to foster open communication, with strong communications skills.
• Ability to utilize interpersonal skills to build and maintain relationships with internal and external stakeholders.
• Adaptability and flexibility with the ability to engage internal and external stakeholders.
• Attention to detail with the ability to triage and solve complex challenges and requests.
• Excellent customer service, including interpersonal, verbal, and written communication skills.
• Proficiency in the Microsoft Office suite, with a mastery of excel and experience with managing and analyzing large volumes of data.
• Strong time management skills, with the ability to prioritize work and multi-tasking to meet deadlines.
• Ability to think outside the box and to solve problems creatively.