Senior Financial & Budget Analyst

Babson College is a world-class business school, empowering entrepreneurial leaders to create great economic &amp; social value. It's an exciting launch pad for anyone who wants to make a real impact in higher education. We provide everything you need to achieve your goals, including learning opportunities, outstanding benefits, rich rewards, wellness programs, &amp; a genuine dedication to creating a diverse, multicultural &amp; inclusive community. <br /><br />To view all open staff positions, click <a href="https://babson.wd1.myworkdayjobs.com/Staff" target="_blank" title="Babson College Staff Positions" rel="noopener noreferrer">here</a>.

Babson Park, MA

Babson College

<p class="p1"><strong>We&rsquo;re all different.&nbsp;We&rsquo;re all Babson.</strong></p> <p class="p1"><strong>Babson College is where talented people from diverse backgrounds can&nbsp;be themselves, learn from each other and inspire each other.</strong></p> <p class="p1">We are bold, driven&nbsp;and entrepreneurial.&nbsp;We embrace a way of thinking that is deliberately different. We&rsquo;re&nbsp;never afraid to challenge convention.&nbsp;We turn ideas into action. &nbsp;Above all, we&rsquo;re&nbsp;in this together.&nbsp;Diverse backgrounds, different voices, fresh perspectives,&nbsp;One Babson.&nbsp;<strong>We are #BabsonBold</strong>&nbsp;</p> <p class="p1">Babson College is a world-class business school, empowering entrepreneurial leaders to create great economic and social value. It&rsquo;s a rewarding workplace &ndash; an exciting launch pad for anyone to make a real impact in higher education. We provide everything you need to achieve your goals, including learning and development opportunities, outstanding benefits, rich rewards, wellness programs, and a genuine dedication to creating a diverse, multicultural and inclusive community.</p> https://www.babson.edu/

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Full time

Overview: The Senior Financial &amp; Budget Analyst is responsible for performing highly complex data analysis work. Specifically responsible for assisting in planning and development, presentation, and implementation of the preliminary general budget; conducting qualitative and quantitative financial research to support decision-making and budget development for the College under limited supervision; analyzing historical accounting data and other information to make projections which will aid management in short- and long-range financial planning; assisting in year-end audits; ensuring the accuracy of accounting data; and supporting and collaborating with Executive Director of Babson Executive Education, the Senior Director, Babson Executive Education, and other College leaders.
Responsibilities: <ul> <li>Assist in the planning and development, presentation, and implementation of the preliminary general budget and capital improvement plan for submission to the Controller of Finance.</li> <li>Research, compile, maintain, and update budgetary and forecast data to provide management with trend analyses and recommendations.&nbsp;</li> <li>Generate various complex monthly, quarterly, and or annual financial reports or queries for executive leadership, management, college leadership, and other department users. Complete necessary financial system transactions to correct variances.</li> <li>Inform management of budget variances, explain causes, and measure impact on department mission and resources.</li> <li>Consult with colleges department managers regarding budget analysis, financial reports, irregular and unusual transactions, and problem resolutions.</li> <li>Ensure the accuracy of financial data provided and used for budgetary analysis and reporting. Obtain a great deal of information from various sources interpreting and distinguishing between reliable sources and unreliable sources for specific data analysis.</li> <li>Participate in the five-year financial planning process by preparing ad-hoc reports and financial analysis, as well as reviewing detailed financial models relating to the plan.</li> <li>Prepare, review, and approve monthly and annual financial results, budget, and spending summary for operations. &nbsp;Reconcile Executive Education balance sheet accounts for college financial operations and reconciles college financial system to invoicing systems to ensure all revenue and payments are received and posted.&nbsp;</li> <li>Direct, process, and review all Accounts Payable and Receivables for Babson Executive Education. Accurately reports all payables and receivables including confidential information regarding faculty/consultant compensation and course release information.</li> <li>In collaboration with program leaders, ensure that contracts are in compliance with the College policy to ensure that revenue is being recognized based on GAAP for accounting purposes.</li> <li>Responsible for directing business performance analysis, reporting, and forecasting including managing the department&rsquo;s records in Salesforce and Workday to support the department&rsquo;s effectiveness, financials and metrics to support critical decisions, increase efficiencies, and determine emerging financial trends.</li> <li>Responsible for complete administrative support in grant accounting functions including review and preparation of budgets and amendments; preparation of grant proposals, progress reports, and financial documentation maintenance; monthly recording of expected grant income and expense; developing and maintaining tracking system and reporting mechanisms for grants and the interrelationship of grants; and working with Goldman Sachs on grants, reports, and employee changes.</li> <li>Work with Budget Office&rsquo;s colleagues and all other financial departments including Financial Services and Academic Affairs to ensure proper and efficient processing of all financial activity.</li> <li>Assume additional responsibilities as required.</li> </ul> <p>&nbsp;</p> <p><strong>YOUR TEAM WILL INCLUDE</strong></p> <p>Student employees</p>
Requirements: <p><strong>WHAT EDUCATION AND SKILLS YOU WILL NEED<br /><br /></strong></p> <ul> <li><strong>Bachelor&rsquo;s Degree (preferably in Accounting, Finance, or Business).</strong>&nbsp;</li> <li><strong>A minimum of 8-10 years of related experience.</strong></li> <li>Must have excellent oral and written communication skills.</li> <li><strong>Must have strong interpersonal, organizational, analytical, problem-solving, and time management skills.</strong></li> <li>Ability to provide strong customer service while adhering to established policies.</li> <li><strong>Must have strong quantitative and qualitative analytical skills, applied across problems of varying nature and scope.</strong></li> <li>Demonstrated effectiveness in working with a culturally and socially diverse student body, faculty, staff, and other constituents.</li> <li><strong>Must have strong computer skills including proficiency in Microsoft Office (Word, Excel, Access, PowerPoint).</strong></li> <li>Must have strong financial skills and attention to detail.</li> <li><strong>Ability to maintain confidentiality.</strong></li> <li>Ability to envision and propose new methods to perform tasks that support ET&amp;A; take thoughtful risks; and accept new and ongoing initiatives, objectives, and solutions to gain sought-after results.</li> <li>Ability to <strong>anticipate and embrace change</strong>; demonstrate willingness to achieve, acquire, and utilize new skills and challenging tasks; and is flexible in changing conditions.</li> <li>Ability to prioritize work as well as work independently.</li> </ul> <p>&nbsp;</p> <p><strong>HOW AND WHERE YOU WILL WORK</strong></p> <ul> <li>Requires work onsite a minimum of 1 day a week (Wednesdays); the on-campus requirement is subject to modification based on organizational need.&nbsp;</li> <li>Requires the ability to work evenings and weekends as needed during Trustee meeting&rsquo;s planning periods, completing quarterly projections, and finishing major assignments on time and fully.</li> </ul> <p>&nbsp;</p> <p><strong>ADDITIONAL SKILLS YOU MAY HAVE</strong></p> <ul> <li>Experience with Workday, Adaptive, Salesforce or similar software is required.</li> <li>Experience with international business a plus.</li> <li>Master&rsquo;s Degree preferred.</li> </ul>