Community College Of Baltimore - Dundalk, MD
posted about 2 months ago
The Financial Analyst position at the Community College of Baltimore County is designed to perform advanced level duties in maintaining various accounting records for assigned College departments or divisions. This role includes assisting with budget development, the annual audit, finance projections, and account reconciliations, all in accordance with Generally Accepted Accounting Principles (GAAP) and federal, state, and local guidelines. The Financial Analyst will play a crucial role in ensuring the financial health of the institution by providing accurate financial data and insights to support decision-making processes. In this position, the analyst will assist in the preparation of reports and training for college personnel in the use of the financial management system, including budget development. The role requires the preparation, review, and analysis of operating budgets, as well as assisting faculty and staff in monitoring revenue and expenses. The Financial Analyst will prepare various financial reports and statements to ensure compliance with federal, county, and state regulations, and will also be responsible for preparing forecasts and analyzing revenue and expense trends. The position involves maintaining, monitoring, auditing, and reconciling accounts, as well as preparing adjusting entries. The analyst will prepare accounting schedules and reports for management and external auditors and agencies. Specific duties include preparing monthly, quarterly, and annual reports and budgets for all business units, conducting ROI analysis on ad-hoc projects, and reviewing business operations in detail, particularly in relation to bookstore sales, dining services, and vending operations. The Financial Analyst will work closely with the data analytics team to assimilate information into reporting models and analyze enrollment data to communicate influences on sales and operations. Additionally, the analyst will support Executive and Senior Staff with financial analysis and develop business/enrollment forecasts across the college's academic and auxiliary portfolio. The role also involves co-developing and reconciling transactions within a web-based college payment platform and performing research and analysis as requested by senior management. The Financial Analyst will prepare budget transfers, manage journal entries for campus departments, and report on non-academic revenue-generating units, advising area leaders on best practices and internal controls. Overall, this position is integral to the financial planning and development of the college, identifying opportunities to improve and streamline business processes using technology.