Financial Analyst

Position Title: Financial Analyst Posting Number: WPU0050317 University Information:

William Peace University is a nationally-ranked, award-winning institution located in one of the best cities in the United States in downtown Raleigh, NC. WPU provides a culture that values diversity, fosters an energized team environment, builds on our strengths, promotes creativity and innovation, and encourages inclusiveness, respect, and open communication by leading with our actions. Our mission is to prepare our students for careers in the organizations of tomorrow. The ideal candidate will have the ability to embrace the five core values, mission, and vision of William Peace University. Join our team and see why William Peace University was voted one of the Triangle's Best Places to Work in 2017! Follow your passion and make an impact at WPU.

Department: Business Office Purpose of Department:

The William Peace University Business Office is committed to providing responsible management of financial resources with accuracy and integrity. Primary areas of focus include budget management, financial reporting, accounts payable, purchasing, student accounts, payroll, cash management, endowment management and debt management. We value work that emphasizes innovation, collaboration, and people.

Summary of Position:

The Financial Analyst works closely with the Associate VP for Finance & Controller and CFO. The Financial Analyst is responsible for analyzing historical accounting data and other information to make projections which will aid management in short- and long-range financial planning. Coordinates action necessary to correct account balances and maintain proper accounting controls and procedures. Assists in year-end audits and in ensuring the accuracy of accounting data. Analyzes financial statements and prepares and analyzes financial reports to represent current and projected financial status. Projects future trends and prepares long-range operational forecasts and cash flow analysis. May assist in preparing, developing, and monitoring budgets. May perform indirect cost analysis. Performs related responsibilities as required.

Essential duties and responsibilities:

• Performs broad-impact financial analysis, reporting, and systems development for the University

• Oversees the design, documentation, and implementation of various integrated systems and applications for periodic and ad hoc financial reporting, utilizing complex electronic financial information from WPU systems and databases.

• Compiles and analyzes financial information and develops integrated revenue/expense analyses, projections, reports, and presentations.

• Works with CFO and Controller to create long-term and short-term operating plans; Establishes associated operating and capital budgets

• Assists in preparing, developing, and monitoring budgets; Contributes to the development of the University's annual budget and monitoring the budget on a routine basis. Provides budget analyses and reporting.

• Assists with financial statement preparation.

• Anticipates favorable and unfavorable financial results or variances; conducts research and prepares explanations and recommendations for changes or improvements

• Compares relevant data, such as YTD results versus budget or current year versus previous year, to identify issues or trends as soon as possible

• Coordinates, compiles, and analyzes annual financial statements and its component units, utilizing complex spreadsheet and database applications.

• Collaborates with CFO and Controller to ensure consistent reporting and adherence to federal and state financial reporting regulations and guidelines, and conformity with University fiscal policies and procedures.

• Analyzes, designs, documents, and implements internal financial reporting systems and procedures.

• Provides leadership, administrative support, and operational coordination to various technical, professional, and/or administrative personnel engaged in specified project activities, as appropriate to the position.

• Cost analysis for various programs and majors to assess ROI.

• Performs other job-related duties as assigned.

KNOWLEDGE, SKILLS, AND ABILITIES: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability needed to perform the duties of the position, including the ability to retain on the job learned skills and abilities. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Excellent computer skills with knowledge of Windows XP, Word, Access, Excel; working knowledge of google suite.

• Applied knowledge of generally accepted accounting principles (GAAP)

• Extremely high level of personal and professional integrity

• Diplomatic and effective communication skills and the ability to work effectively with a wide range of constituencies in a diverse community.

• Work independently as well as function effectively in a team and within a diverse group of people

• Exercise independent judgment in complex and new situations

• Manage multiple, concurrent projects, and meet strict deadlines

• Ability to provide technical guidance and leadership to professional personnel in area of expertise.

• Database management skills.

• Skill in examining and re-engineering operations and procedures, formulating policy, and developing and implementing new strategies and procedures.

• Ability to plan, implement, and administer financial information and control systems.

• Knowledge of a range of automated financial systems and applications software.

• Ability to compile, analyze, interpret, and present complex annual financial reports, statements, and/or projections.

• Knowledge of Federal and State financial regulations.

• Knowledge of the principles, processes, and standards for integrated financial analysis and reporting as related to a public institution.

• Ability to develop and present educational programs and/or workshops.

PHYSICAL DEMANDS The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• While performing the duties of this job, the employee is regularly required to use hands to finger, handle, or feel; and talk or hear.

• The employee frequently is required to stand and reach with hands and arms.

• The employee must occasionally lift and/or move up to 10 pounds.

WORK ENVIRONMENT The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• The position functions in an office environment with low noise levels but frequent interruptions.

Minimum Qualifications:

Bachelor's degree in Accounting, Business, Finance or a related field and 3-5 years of financial analysis or accounting experience, OR equivalent combination of experience, education, and training.

Preferred Qualifications:

Bachelor's degree in Accounting, Business, Finance or a related field and 5 or more years of demonstrated successful financial analysis or accounting experience.

Hours per week: Full Time Job Posting Date: 05/23/2024 Priority Deadline: 06/02/2024 Priority Deadline Information:

Priority consideration will be given to applications received by the Priority Date; however, applications will be accepted until the position is filled.