Senior Financial Analyst
We are looking for an innovative and dynamic Senior Financial Analyst to join our Financial Planning & Analysis team at the University of Rochester. This role will be in the financial center of a $5.5 billion enterprise and offers exceptional benefits.
The Senior Financial Analyst will design, develop, and enhance the analytical finance systems, forecasts, management reports, dashboards, and be involved in the development of University-wide performance measures. The role requires a comprehensive understanding and demonstrated application of financial planning methodologies such as NPV and ROI. As well as financial concepts such as opportunity costs, or how Black-Scholes option valuations can be applied to capital project financial models.
The information produced is used to provide relevant and timely insights by distilling highly complex data to be brief and relevant to different users from the board, senior leaders, and throughout the organization and requires a focus on detail and commitment to accuracy.
This role will be exposed to all areas of finance in Higher Education, Research, and Health Care. It will also be involved with endowment financial forecasts, debt issuances, operating capital management, and capital project budgeting. All while being part of a vibrant community firmly committed to improving the lives it serves locally, nationally, and around the world.
This role would ideally suit an individual with 5 to 7 years of experience in an FP&A role with a Masters degree in Finance, Economics, Business, Quantitative Analytical field or an MBA. This role works remotely and requires New York residency and travel to the Rochester, NY, area at least monthly. Experience in Higher Education or Health care is not required.
Work closely with leadership to assist with operating and capital budget development and ongoing financial planning and analysis. Understand analytical systems and make recommendations as necessary for changes. Prepare, document, and present transformed data to provide insight and actionable information for decision-makers in a timely way. Work to continually improve these processes and adapt to changes in the operating environment and needs.
Develop, prepare, review, and distribute regular financial analysis, including context and narrative on variances and trends. Maintain the integrity of the operating budget by reconciling budget change activity and highlighting the impact of changes in financial analysis. Maintain confidentiality of all pertinent information, including salary information.
Support department leaders in the development of creative alternatives and recommendations to increase revenues, reduce costs, and improve financial performance
Keeps abreast of trends related to financial management and adapts new developments into planning, control, and analytical processes.
As assigned, assumes responsibility for special projects involving research, planning, and recommending changes. Assumes responsibility for the project establishes timetables and activity plans, and coordinates the efforts of any subordinate staff.
Other duties as assigned
Bachelor's degree in Accounting required
Master’s degree in Finance, Economics, Business, or Analytical field
or an MBA preferred
3-5 years of relevant experience in a health care and/or University setting; or an equivalent combination of education and experience required.
5 to 7 years of related experience or an equivalent combination of education and experience preferred
Strong analytical skills, attention to detail, ability to work independently with minimal supervision required
CMA (Certified Management Accountant) or CFA (Certified Financial Analyst)
The University of Rochester is committed to fostering, cultivating, and preserving a culture of equity, diversity, and inclusion to advance the University’s mission to Learn, Discover, Heal, Create – and Make the World Ever Better. In support of our values and those of our society, the University is committed to not discriminating on the basis of age, color, disability, ethnicity, gender identity or expression, genetic information, marital status, military/veteran status, national origin, race, religion/creed, sex, sexual orientation, citizenship status, or any other status protected by law. This commitment extends to the administration of our policies, admissions, employment, access, and recruitment of candidates from underrepresented populations, veterans, and persons with disabilities consistent with these values and government contractor Affirmative Action obligations.
How To Apply
All applicants must apply online.
EOE Minorities/Females/Protected Veterans/Disabled
Pay Range: $ 68,400 - $102,600 Annually
The referenced pay range represents the minimum and maximum compensation for this job. Individual annual salaries/hourly rates will be set within the job’s compensation range, and will be determined by considering factors including, but not limited to, market data, education, experience, qualifications, expertise of the individual, and internal equity considerations.
Location: Central Administration
Full/Part Time: Full-Time
Opening: Full Time 40 hours Grade 055
Schedule: 8 AM-5 PM