Demo

Financial Analyst

InsideHigherEd
Grand Forks, ND Full Time
POSTED ON 2/26/2025
AVAILABLE BEFORE 5/18/2025

Salary / Position Classification

  • 55,650 dependent upon experience, annual, Exempt
  • 40 hours per week
  • 100% Remote Work Availability : Yes
  • Hybrid Work Availability (requires some time on campus) : Yes

Purpose of Position

This position provides support for the institution in developing, tracking and monitoring data used in strategic resource planning, decision support, and institutional effectiveness efforts, as well as assists units in interpreting data and trends to ensure effective and efficient management of resources. The position creates and assists with the maintenance of data analytic tools for specific units, as well as the institution as a whole.

The position serves as a project manager in support of process improvement. This position will also work collaboratively with units across the institution to coordinate their approach to data analysis, resource allocation, and improve utilization of data in their decision-making.

Duties & Responsibilities

Provide strategic functional and analytical support for units within the Model for Incentive-based Resource Allocation (MIRA) process.

  • Assist with developing end user documentation
  • Develop processes, policies and reporting methods in support of MIRA
  • Provide training to unit heads, develop educational materials for MIRA related processes
  • Provide support and assistance to committees under MIRA
  • Assist units with developing projections and establishing estimates
  • Train units on Planning & Budgeting Cloud Service (PBCS)
  • Interpret data trends for units to assist with changing metrics
  • Assist with the development of metrics to determine unit effectiveness
  • Data analytics and other decision support

  • Collect, analyze, and report data trends
  • Verify data as part of projects
  • Apply analytics to business questions
  • Analyze data, draw conclusions and communicate results for data projects
  • Design, test, and document calculators for the MIRA units
  • Develop tools needed to validate and assist units with resource planning
  • Other duties as requested
  • Support initiatives and projects as project manager

  • Facilitate and serve as project manager in support of initiatives as possible while continuously seeking opportunities for process improvement
  • Attend meetings as scheduled with department supervisor, works teams, and campus committees
  • Other duties as assigned
  • Required Competencies

  • Exceptional analytical and problem-solving skills and attention to detail with excellent follow through on tasks
  • Demonstrated excellent communication (written and oral) and interpersonal skills
  • Ability to work with a wide range of individuals
  • Requires the ability to work effectively under pressure, manage multiple projects simultaneously, and meet established goals and objectives
  • High degree of initiative and demonstrated ability to work independently with a professional attitude and efficiency with minimal direction
  • Ability to rationally grasp the “big picture” goal
  • Understand the importance of data integrity
  • Ability to look for efficiencies in processes and offer value added suggestions
  • Demonstrated ability to take complex information and / or large data sets and analyze them for data-based decision-making
  • Minimum Requirements

  • Bachelor’s degree in Business, Economics, Mathematics, or related field
  • Proficiency with Microsoft Office, including Word, Outlook, and in particular, advanced knowledge of data analysis functions of Excel with ability to generate a management summary of the data (pivot tables, filters, groupings, subtotals)
  • Successful completion of a Criminal History Background Check
  • In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the US and to complete the required employment eligibility verification form upon hire. This position does not support visa sponsorship for continued employment.

    Preferred Qualifications

  • Work experience in a higher education setting
  • Degree emphasis on statistics / analytics
  • Project Management skills
  • Spreadsheet model development
  • Power BI experience
  • Salary : $55,650

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