Financial Analyst Digital Learning UTK

Digital Learning at the University of Tennessee is charged with advancing UTs commitment to discovery creativity learning and engagement specifically for online learners. Using advanced and innovative technologies Digital Learning provides scalable solutions that enhance the online learning experience and reduce barriers to student access and success providing a tremendous impact to online learners across the state and the nation. At Digital Learning we want to be bold and impactful transforming the future of online education through innovative thinking and collaborative problem-solving.

In this new role the Financial Analyst will perform a variety of financial duties that require professional knowledge and the application of analytical skills and judgment. Work is performed with limited supervision and is guided by established objectives policies and professional standards. This role will provide accounting and analytical support for financial budgeting planning and reporting activities for Digital Learning. The primary responsibilities include budget development and implementation continuous monitoring of budget versus actuals variance analysis financial scenario modeling monthly managerial reporting and ad hoc analysis and reporting.

Budget Planning & Forecasting

• In collaboration with the Assistant Dean of Finance & Administration the Financial Analyst participates in the development and implementation of departmental and project budgets and manages budget data entry and accuracy.
• Attends and participates in all budget meetings and manages budget schedule.
• Serves as the subject matter expert (SME) for Digital Learning Oracle EPM and EPM2 budget and planning tools.
• Works with functional leaders to prepare and revise financial forecasts and prepare corresponding status reports to support operational and strategic planning.
• Collaborates with data science team in analyzing historical data trends to support budgeting and forecasting decisions.

Financial Monitoring & Reporting

• Maintains and monitors departmental financial records and accounts for accuracy and completeness.
• Reviews and prepares financial documents and transactions including journal entries and budget adjustments.
• Identifies financial trends conducts variance analysis and prepares detailed projections and accompanying reports.
• Initiates correction of any errors noted through review of financials.
• Keeps management apprised of year end forecast for operating margin surpluses or deficits and reserve balances.

Policy Compliance & Procedure Support

• Ensures financial activities comply with internal policies procedures and relevant government regulations.
• Interprets and applies institutional and sponsor-specific guidelines to financial transactions.
• Supports internal controls and assists in audit preparation by identifying and documenting variances.
• Reviewing processing and maintaining contract agreements.

Stakeholder Support & Communications

• Provides financial assistance and guidance to internal contacts including faculty staff and departmental administrators.
• Communicates clearly and effectively when interpreting data or explaining financial policies.
• Prepares semesterly college reports on Digital Learning activity.

Professional Growth & Process Improvement

• Participates in training and professional development opportunities related to financial systems and regulations.
• Contributes to the development and refinement of financial procedures and tools.
• Seeks guidance when needed and escalates complex or unfamiliar situations appropriately.

Required Qualifications

• Education:Bachelors Degree in Accounting Finance Business or other closely related field
• Experience:

  • 3 to 5 years of professional finance or accounting experience to include 3 years experience with financial analysis budgeting and modeling

  • Experience with Microsoft Excel databases report writing software and ERP systems

  • Applicants must be legally authorized to work in the United States on a full-time basis without need now or in the future for sponsorship for employment visa status.

• Education:Masters Degree in Accounting Finance Business or other closely related field
• Experience:

  • Higher education experience

  • Experience with Oracle

  • Experience with Microsoft Power BI report-building.

Preferred Qualifications

Work Location

• Knoxville TN

Compensation and Benefits

• UT market range: MR 13
• Find more information on the UT Market Range structurehere
• Find more information on UT Benefitshere

Application Instructions

• For full consideration applicants must attach a letter of interest resume and the name address email and phone number of three professional references in addition to completing the applicant file to the Human Resources online application system DASH. This position does have the potential for a hybrid working capacity.
• Screening of applicants will begin immediately and continue until the position has been filled. DLUT

About The College/Department/Division

Digital Learning at UT is a unit charged with advancing UTs commitment to discovery creativity learning and engagement specifically for online learners. Using advanced and innovative technologies Digital Learning at UT will provide scalable solutions that enhance the online learning experience and reduce barriers to student access and success providing a tremendous impact to online learners across the state and the nation. At Digital Learning we want to be bold and impactful transforming the future of online education through innovative thinking and collaborative problem-solving. Join our dynamic and inclusive Digital Learning team where we take pride in teamwork excellence and a shared commitment to shaping the future through education and innovation.

Additional Information on all postings provided by UTK