Financial Analyst

Overview

A state agency responsible for human resource management across the Commonwealth of Virginia is seeking a Financial Analyst to support financial resource management and reporting. This role involves ensuring compliance with state and university policies, providing financial insights, and assisting with budget development and monitoring to support operational and strategic objectives.

Responsibilities

• Generate monthly financial reports for the department and subdivisions, providing accurate insights into financial health and trends.
• Conduct ad hoc financial analyses to identify cost savings, efficiency improvements, and support financial planning.
• Assist in preparing annual financial statements and budgets, ensuring alignment with organizational goals and compliance.
• Monitor enrollment figures and analyze their financial impact, including revenue distributions and other revenue streams.
• Track instructional costs and faculty workload allocations for accurate financial reporting.
• Oversee operating budget usage throughout the fiscal year, projecting expenditures and identifying variances.
• Develop budget templates and assist in entering approved budgets into the university’s financial systems annually.
• Ensure financial activities align with planned expenditures and adhere to relevant policies and procedures.
• Manage special budgets such as startup funds, space costs, operational projects, and foundation budgets, ensuring accurate tracking and reporting.
• Support fiscal operations including processing purchase requisitions, journal vouchers, and reconciliation activities.
• Collaborate with various departments to ensure financial compliance and facilitate smooth financial operations.
• Perform other related duties to promote efficient management of fiscal resources within the department.

Requirements

• Bachelor’s degree in finance, accounting, or a related field, or equivalent combination of education and relevant experience.
• Proven experience in financial processes including preparing financial reports, reconciling accounts, and managing budgets.
• Proficiency with financial systems such as Banner, MicroStrategy, and other relevant tools.
• Advanced skills in Microsoft Excel.
• Strong analytical capabilities and attention to detail.
• Effective communication skills.
• Ability to manage multiple projects efficiently in a fast-paced environment.
• Ability to work collaboratively with diverse teams.

Preferred Qualifications

• Familiarity with grants management, foundation reporting, and fiscal policies within governmental or educational settings.

Compensation & Benefits

• Competitive benefits package including comprehensive health insurance options, dental and vision coverage.
• Retirement plans.
• Paid leave.
• Professional development opportunities.
• Flexible work environment to promote work-life balance.
• Access to training programs and resources to support career growth.

Location

Commonwealth of Virginia, United States

Equal Opportunity Statement

The employer is an equal opportunity organization committed to recruiting and maintaining a diverse workforce. Discrimination based on race, color, religion, sex, national origin, age, disability, or any other protected characteristic is not tolerated. The organization fosters an inclusive environment where all employees have equal access to growth and advancement opportunities.