Brown University Job - 45459506 | CareerArc
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Company: Brown University
Location: Providence, RI
Career Level: Associate
Industries: Government, Nonprofit, Education

Description

Job Description:

Brown's Office of Financial Strategy & Planning (OFSP) supports the University's teaching and research mission by providing strategic financial support across the highest levels of the University including the University Leadership, Central Administration Leadership, and School and Department Leadership. Diversity, equity, and inclusion are integral to our team and Brown University. OFSP is especially interested in qualified candidates who have demonstrated commitment to building an equitable and diverse environment. 

The hybrid-eligible Lead Financial Analyst will be responsible for the OFSP's relationship with several of the University's divisions or departments, including conducting objective analysis of the unit's financial performance, developing an in-depth understanding of their financial structure, and reviewing the unit's interim and annual financial results, operating budgets, and long-range financial planning. The Lead Financial Analyst will serve as a thought partner on a wide range of financial and strategic initiatives related to the team's portfolio and the university as a whole, including those outside of routine financial planning.

Major Responsibility:  Developing an in-depth understanding of client's (division or department) financial structures to frame key questions for unit and University leadership, 60%

Supporting Actions:  

  • Develop strong relationships with unit leadership and within central finance to collaborate on key financial planning challenges and opportunities.
  • Work closely with leadership to analyze and evaluate quarterly results, operating budgets, long-range financial and capital plans ahead of engagement with the Chief Financial Officer, Provost, Executive Vice President of Finance and Administration, President, and the Corporation.
  • Manage the objective analysis of unit financial performance and preparing supplemental narratives to support quantitative analysis, when applicable.
  • Attend regular meetings with directors, deans, appropriate staff and leadership to discuss operating performance, upcoming deliverables and priorities.
  • Develop familiarity with day-to-day operations and the programs of the units to be able to provide guidance and advise on University policies and financial implications.
  • Design and deliver presentations that educate University leadership on potential options, facilitating informal and formal dialogue as needed
  • Develop hypotheses and conducting analyses to respond to ad-hoc queries and strategic requests.

Major Responsibility:  Manage financial deliverables, including reporting, budgeting, and forecasting and other financial planning processes; coordinate with embedded staff to ensure efficiency and accuracy, 30%

Supporting Actions:

  • Developing and implementing strategies for: budgeting; forecasting, modeling and projecting; identifying and explaining variances; financial reporting; internal controls; expense reductions; cost containment; and revenue enhancements.
  • Develop and maintain financial reporting, leveraging the University's financial systems Workday and Adaptive Insights, with a focus on University-wide standardization. 
  • Managing financial analysis processes, analyzing business critical systems, and proactively resolving strategic issues that may span multiple areas.
  • Suggesting strategies for best use of funds.
  • Serving as Cost Center Manager for assigned Cost Centers.

Major Responsibility: Member of the OFSP team; back up and mentor other analysts as needed, 10%

Supporting Actions:

  • Responsible for creating/updating process manuals and/or reporting templates, in collaboration with management.
  • Cross-train with other analysts to gain a working understanding of their areas of responsibility.
  • Assist other analysts as appropriate in times of workflow fluctuations, as needed.
  • Working closely with other groups within the Finance Division (including the offices of the Controller, Treasury, Workday) to better understand University-wide financial management issues that inform planning, reporting, and analysis.
  • OFSP is especially interested in qualified candidates who have demonstrated commitment to excellence by providing leadership in service toward building an equitable and diverse environment.

All offers of employment are contingent upon successful completion of a background check.

In order to maintain 90% or greater universal vaccination rates on campus, all newly hired employees at Brown University must receive the final dose of the COVID-19 vaccine before they begin work, unless they are approved for a medical or religious exemption. For more information, please visit theHealthy Brown site.  

Recruiting Start Date:

2022-11-21-08:00

Job Posting Title:

Lead Financial Analyst

Department:

Office of Financial Strategy and Planning

Grade:

Grade 11

Worker Type:

Employee

Worker Sub-Type:

Regular

Time Type:

Full time

Scheduled Weekly Hours:

37.5

Position Classification:

Hybrid Eligible

Submission Guidelines:

Please note that in order to be considered an applicant for any staff position at Brown University you must submit an application form for each position for which you believe you are qualified. Applications are not kept on file for future positions. Please include a cover letter and resume with each position application.

Vaccination Requirements:

In order to maintain 90% or greater universal vaccination rates on campus, all newly hired employees at Brown University must receive the final dose of the COVID-19 vaccine before they begin work, unless they are approved for a medical or religious exemption. All employees must also receive a COVID-19 booster within thirty (30) days of becoming eligible. For more information, please visit the Healthy Brown site.

Still Have Questions?

If you have any questions you may contact employment@brown.edu.

EEO Statement:

Brown University is an E-Verify Employer.

As an EEO/AA employer, Brown University provides equal opportunity and prohibits discrimination, harassment and retaliation based upon a person's race, color, religion, sex, age, national or ethnic origin, disability, veteran status, sexual orientation, gender identity, gender expression, or any other characteristic protected under applicable law, in the administration of its policies, programs, and activities.


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