Financial Analyst Financial Information Office, HCB UTK
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Job Location:
Knoxville, TN - USA
Monthly Salary:
Not Disclosed
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
The Haslam College of Business at the University of Tennessee Knoxville invites applications for a full-time exempt Financial Analyst in the Financial Information Office (FIO). Reporting to the Assistant Director of Finance & Administration the Financial Analyst is responsible for comprehensive financial reporting budget analysis and labor distribution management for the College. This role oversees the monitoring of actuals versus budget conducts variance and scenario analysis and manages labor schedules to ensure accurate allocation of salary benefit and related labor costs across multiple departments and programs. The position plays a key role in auditing and improving processes related to labor distributions while supporting monthly reporting and financial compliance. Through strategic use of the campus budget model the Financial Analyst supports forecasting resource planning and long-term financial decision-making with significant impact on college operations.
Responsibilities
- Labor Distribution Management and Reporting:
- Manage monthly entry and/or updates of labor schedules in campus ERP (DASH) ensuring accurate allocation of salaries benefits supplemental pays and tuition waivers for the college
- Coordinate with the HCB Financial Information Office HR team and academic department administrative staff on labor distributions that do not post as anticipated to confirm percentages chart strings/SPNs and the correct assignment(s) providing guidance and expert recommendations on best options for correctly assigning labor and implementing the changes
- Review and reconcile monthly labor-related reports to ensure proper accounting of all current expenses and deferred accruals
- Manage routine audits of labor distribution entries and postings to ensure accuracy
- Develop and maintain procedures for managing labor distributions across the various departments and units within the college; recommend and implement continuous process improvements through FIO leadership
- Advise department leadership regarding prospective costing changes retroactive changes and the downstream impact to budgets
- Collaborate with departmental administrators and the HCB FIO team to ensure consistency in labor schedules across the College hosting discussions related to labor distribution and the impacts seen in HCB units
- Provide training and guidance to HCB administration financial staff who may assist in process labor on labor distribution procedures
- Budget Monitoring Reporting and Variance Analysis
- Produce and maintain financial and operating reports from DASH Excel Access Argos PowerBI Tableau and other software platforms
- Provide detailed analysis of program budget reports to inform model decision-making forecasting and scenario modeling
- Summarize and consolidate periodic and annual reports for Department Heads and College leadership
- Monitor report and analyze Profit & Loss statements
- Analyze budget variances to determine cause and work with departments to resolve issues
- Identify and research trends and make adjustments to models
- Present adhoc analysis based on own evaluation and analysis of policies and procedures and how they affect the budget and financial goals of the College using own methods of professional discretion
- Budget Development and Implementation:
- In collaboration with Assistant Director enter the annual budget for the college including the uploading and downloading of budget information to and from the ERP system(s)
- Attend and participate in annual budget meetings to gather data to use in developing budget inputs scenarios and plans
- Gather data from various sources to use in developing budget inputs scenarios and plans
- Routine budget reconciliation and maintenance as needed
Qualifications
Required Qualifications
- Education:Bachelors degree required in Accounting Finance Business or other closely related field
- Experience:2 years of professional finance or accounting experience; experience with Microsoft Excel databases report writing software and ERP systems.
- Knowledge Skills Abilities:
Possess exceptional computer and analytical skills with the ability to translate raw data into information and knowledge through the use of reports and graphical displays.
Knowledge of data warehouse methodologies data modeling and analytics.
Must be proficient in Microsoft Excel and be familiar with software such as PowerBI PowerQuery Argos Crystal Reports or Tableau.
Must possess organizational skills; strong oral and written communication skills with the ability to communicate effectively with internal and external management and college faculty and staff.
Ability to manage projects and facilitate successful and timely completion.
Must be self-motivated and able to self-direct the work.
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-basedvisa status.
Preferred Qualifications
- Experience:Higher education experience; experience with Oracle and/or other ERP system(s); experience with fund accounting and non-profit or governmental reporting.
- Knowledge Skills Abilities:
A working knowledge of Oracle or other (ERP) software and the related data warehouse reporting component is preferred.
Ability to collaborate and independently determine how this role interacts among the work of others.
Work Location
- Location: Knoxville TN
- Onsite
Compensation and Benefits
- UT market range: 13
- Find more information on the UT Market Range structurehere
- Find more information on UT Benefitshere
Application Instructions
To express interest please submit an application with the noted below attachments.
- Resume
- Cover Letter
- List of 3 Professional References
About The College/Department/Division
The Financial Information Office (FIO) serves as the Central Business Office for the Haslam College of Business providing budgetary and financial administrative service human resources management and fiscal policy guidance. FIO is dedicated to supporting the faculty staff and students of the Haslam College of Business. Our mission is to offer financial guidance operations support strategic leadership and educational resources facilitating connections between the college and university partners. We operate with a proactive service-oriented approach ensuring that our efforts align with the colleges priorities university policies and fundamental accounting principles. Our team is committed to nurturing a culture of engagement and excellence built upon the core values of integrity accountability innovation and professionalism.
Required Experience:
IC
Key Skills
About Company
The University of Tennessee, Knoxville, has shaped leaders, changemakers, and innovative thinkers since its founding in 1794. The university is home to more than 38,000 students and 10,000 statewide employees—the Volunteers—who uphold the university’s tradition of lighting the way for ... View more
