What are the responsibilities and job description for the Financial Analyst III (Hybrid) - Olin Business position at Washington University in St Louis?
Scheduled Hours
37.5Position Summary
This position is responsible for developing, analyzing, monitoring, and presenting budgets and financial reports for the Olin Business School.Job Description
Primary Duties & Responsibilities:
Financial Reporting
- Develop, analyze, and monitor a set of budgets, ensuring they adhere to school and university requirements. Ensure the approved budget is reflected accurately in the overall school and university budget. In order to fully understand each department's operation, it is important to meet regularly with and build relationships with department heads.
- Research and develop pro forma budgets for new initiatives.
- Determine reporting needs and create customized reports tailored to their specific operational needs. Remain current in new applications to ensure effective and efficient delivery of information.
- Prepare and deliver monthly budget analysis reports, including variance explanations and recommendations for addressing those variances.
- Present financial reports to Associate Deans and Directors on a periodic basis.
Financial Operations
- Analyze income and expenses and investigate issues. Identify opportunities to operate more efficiently.
- Audit/reconcile materials to ensure the information meets Olin's high standards. This includes reviewing own work and the work of others.
- Ensure compliance with university and Olin financial policies. Oversee and approve unrestricted and restricted financial transactions. Provide guidance and training to department personnel. Reconcile accounts for accuracy.
- Work with University Central Finance to address financial issues, including but not limited to School Accounting, Financial Aid, Advancement, Gift Accounting, Payroll and Human Resources, Tax, and Accounts Payable.
- Provide backup for all Olin departments and financial initiatives as assigned.
Budgeting and Forecasting
- Prepare budget packages for submission to the Senior Associate Dean for Finance and Operations and Dean. Provide summarized and detailed reports on historical, current, and projected activity and footnote significant variances. Assist with presenting the information to Olin's Senior Leadership Team.
- Work with Olin Accounting and University Central Finance quarterly to explain Fore report variance explanations per the Core report schedule.
Performs other duties as assigned.
Working Conditions:
Job Location/Working Conditions
- Normal office environment
Physical Effort
- Typically sitting at a desk or table
Equipment
- Office equipment
Required Qualifications
Education:
Bachelor's degree - Accounting
Certifications:
Work Experience:
Skills:
Driver's License:
More About This Job
Required Experience:
- Undergraduate degree in accounting or related field.
- Three years of professional accounting experience.
Preferred Experience:
- Experience in an academic environment and knowledge of fund accounting and experience with Washington University Financial/Administrative Information Systems (e.g. Workday, Salesforce, Cognos)
Preferred Qualifications
Education:
M.B.A. - Master of Business Administration
Certifications:
Work Experience:
Skills:
Accounting, Analytical Thinking, Communication, Confidentiality, Critical Thinking, Customer Service, Deadline Management, Exercises Judgment, Financial Budgeting, Financial Reporting Systems, Fund Accounting, Group Presentations, Group Problem Solving, Interpersonal Communication, Organizing, Personal Initiative, Prioritization, Project Administration, Self Motivation, Working Independently, Work RelationshipsGrade
G11Salary Range
$53,100.00 - $90,600.00 / Annually The salary range reflects base salaries paid for positions in a given job grade across the University. Individual rates within the range will be determined by factors including one's qualifications and performance, equity with others in the department, market rates for positions within the same grade and department budget.Questions
For frequently asked questions about the application process, please refer to our External Applicant FAQ.
Accommodation
If you are unable to use our online application system and would like an accommodation, please email CandidateQuestions@wustl.edu or call the dedicated accommodation inquiry number at 314-935-1149 and leave a voicemail with the nature of your request.
All qualified individuals must be able to perform the essential functions of the position satisfactorily and, if requested, reasonable accommodations will be made to enable employees with disabilities to perform the essential functions of their job, absent undue hardship.Pre-Employment Screening
All external candidates receiving an offer for employment will be required to submit to pre-employment screening for this position. The screenings will include criminal background check and, as applicable for the position, other background checks, drug screen, an employment and education or licensure/certification verification, physical examination, certain vaccinations and/or governmental registry checks. All offers are contingent upon successful completion of required screening.Benefits Statement
Personal
Up to 22 days of vacation, 10 recognized holidays, and sick time.
Competitive health insurance packages with priority appointments and lower copays/coinsurance.
Take advantage of our free Metro transit U-Pass for eligible employees.
WashU provides eligible employees with a defined contribution (403(b)) Retirement Savings Plan, which combines employee contributions and university contributions starting at 7%.
Wellness
Wellness challenges, annual health screenings, mental health resources, mindfulness programs and courses, employee assistance program (EAP), financial resources, access to dietitians, and more!
Family
We offer 4 weeks of caregiver leave to bond with your new child. Family care resources are also available for your continued childcare needs. Need adult care? We’ve got you covered.
WashU covers the cost of tuition for you and your family, including dependent undergraduate-level college tuition up to 100% at WashU and 40% elsewhere after seven years with us.
For policies, detailed benefits, and eligibility, please visit: https://hr.wustl.edu/benefits/
EEO/AA Statement
Washington University in St. Louis is committed to the principles and practices of equal employment opportunity and especially encourages applications by those from underrepresented groups. It is the University’s policy to provide equal opportunity and access to persons in all job titles without regard to race, ethnicity, color, national origin, age, religion, sex, sexual orientation, gender identity or expression, disability, protected veteran status, or genetic information.Diversity Statement
Washington University is dedicated to building a diverse community of individuals who are committed to contributing to an inclusive environment – fostering respect for all and welcoming individuals from diverse backgrounds, experiences and perspectives. Individuals with a commitment to these values are encouraged to apply.Salary : $53,100 - $90,600