Senior Financial Analyst
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Job Location:
Philadelphia, PA - USA
Monthly Salary:
Not Disclosed
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Job Summary
The Senior Financial Analyst is responsible for daily cash operations for Drexel University and its affiliate The Academy of Natural Sciences (ANS). Core responsibilities include preparing the daily cash position classifying cash transactions for comparison to budget initiating money transfers and credit card refunds and resolving any related issues in a timely manner.
This position serves as the Universitys primary point of contact for all cash-related matters providing ongoing support and assistance to Accounting Institutional Advancement the Bursars Office Clinical Departments Finance and other units. The Senior Treasury Analyst will also manage the addition deletion and training of users on Drexels various banking systems.
The Senior Financial Analyst works closely with the Associate Treasurer to identify and implement process improvements that enhance operational efficiency strengthen internal controls and align cash management practices with the Universitys financial strategies.
The Treasury Department plays a vital role in supporting Drexels financial stability liquidity management and long-term planning. Through disciplined cash management effective banking relationships and strategic coordination with departments across the University the Treasury team ensures that Drexels financial resources are safeguarded accessible and optimally deployed in support of the institutions mission and goals.
We are committed to accountability accuracy and collaboration maintaining the highest standards of integrity transparency and professionalism while delivering exceptional service to our campus partners.
Essential Functions
- Daily Cash Management & Reporting
- Prepare the Daily Cash Position Report for University senior management.
- Monitor daily cash flow and bank operations for Drexel University and ANS.
- Prepare and maintain multiple control summaries for daily cash activities and payment schedules for bank lines of credit mortgage loans bonds and wire payments. o Prepare monthly cash reports and reconciliations.
- Banking Transactions & Administration
- Initiate wire book and ACH transfers for ANS and Drexel.
- Coordinate bank account setup closures and transfers.
- Complete credit card refund requests using Touchnet.
- Banking Systems & User Management
- Add and train new users to the Universitys Banking Information System.
- Maintain proper access controls and documentation for all banking users.
- Departmental Support & Collaboration
- Serve as the Universitys primary point of contact for all cash-related issues.
- Provide support and assistance to Accounting Institutional Advancement Bursar Clinical Departments Finance and other units regarding cash accountability and reconciliation.
- Provide accountability and reconciliation support for the annual audit.
- Projects & Process Improvement
- Assist the Associate Treasurer in researching developing initiating and executing treasury-related projects.
- Identify opportunities for operational efficiency and process improvement within Treasury functions.
Required Qualifications
- Minimum of a Bachelors Degree in Business Finance Accounting or a related field orthe equivalent combination of education and work experience. (Please review the Equivalency Chart for additional information.)
- Minimum of one to three years of treasury cash management or banking experience.
- Each member of the Treasury Department is expected to demonstrate high emotional intelligence integrity professional respect and empathy for colleagues and customers strong communication skills exceptional customer service and a sense of dedication to Drexel Universitys mission.
- Technical Skills:
- Proficiency with Microsoft Excel and familiarity with financial and banking systems.
- Strong organizational and time-management skills.
- Excellent attention to detail and accuracy.
- Ability to work independently and collaboratively within a team environment.
- Strong analytical problem-solving and communication skills.
- Demonstrated initiative and willingness to take on increased responsibility over time.
Preferred Qualifications
- Experience in higher education or the nonprofit sector is desirable but not required.
Physical Demands
- Typically sitting at a desk/table
- Lifting demands 25lbs
Location
- University City - Philadelphia PA
Additional Information
This position is classified as Exempt grade L. Compensation for this grade ranges from$62630.00 to $ 93950.00 per year. Please note that the offered rate for thisposition typically aligns with the minimum to midrange of this grade but it can vary based on thesuccessful candidates qualifications and experience department budget and an internal equity review.
Applicants are encouraged to explore the Professional Staff salary structure and CompensationGuidelines & Policies for more details on Drexels compensation information about benefits please review Drexels Benefits Brochure.
Special Instructions to the Applicant
Please make sure you upload your CV/resume and cover letter when submitting your application.
A review of applicants will begin once a suitable candidate pool is identified.
Required Experience:
Senior IC
Key Skills
- Cognos
- Forecasting
- Hyperion
- Financial Concepts
- Pivot tables
- Accounting
- Analysis Skills
- Microsoft Excel
- Financial Analysis
- Financial Modeling
- Budgeting
- Financial Planning
About Company
Drexel University in Philadelphia, PA is an academically comprehensive and globally engaged urban research university, dedicated to advancing knowledge and society and to providing every student with a valuable, rigorous, experiential, technology-infused education, enriched by the nat ... View more
