Budget and Financial Analyst

Job Description

Department:

Financial Planning and Budget

Pay Rate Type:

Salary

Employee Type:

Job Summary:

The Budget and Financial Analyst is an integral part of the College's financial planning and budgeting team, working closely with the Associate Vice President for Financial Planning and Budget and the VP and CFO to support the institution's long-term financial health and strategic goals. The position leads key budgeting, forecasting, financial analysis, and reporting activities, using Workday Financial Management and Workday Adaptive Planning to help inform decision-making. Serving as a valued partner to budget managers and departments, this individual provides guidance on budgeting, expenditures, and the effective use of operating, gift, and endowment funds. The role also supports the annual budget process, the long-range financial strategic plan, and improvements to budget planning tools and processes. Success in this position requires strong analytical and problem-solving skills, attention to detail, and the ability to communicate financial information clearly and accessibly. If you enjoy collaborating with colleagues, translating data into meaningful insights, and helping an organization achieve its goals, this is an excellent opportunity to make a significant impact.

The hiring range for this position is $95,000 - $105,000.

Essential Functions

To perform successfully in this position, an individual must be able to perform essential duties satisfactorily as well as possess education/experience and employ the knowledge, skills, and abilities as listed in representative fashion. Colby College actively supports the Americans with Disabilities Act and will consider reasonable accommodations to enable individuals with disabilities to perform the essential functions of the position. This listing of essential duties is not all-inclusive, but representative; other duties may be assigned. You will be joining a team that values kindness, clear communication, curiosity, accountability, and professional pride

• Analytics & Central Planning:

• Participates in all aspects of the budget process, including draft budget presentations for senior officer discussions, preliminary Board budget presentations, drafting sections of the annual operating budget, and other associated activities.

• Partner with the Controller's Office to ensure the accurate integration and reconciliation of budget data between Workday Financial Management and Workday Adaptive Planning.

• Plan for budget-to-actual variance analysis, year-to-year budget changes, budget forecasting, long-range financial planning, scenario analysis, and other ad hoc analyses as needed.

• Serve as a campus resource for operating spending questions by campus community members, including the appropriate spending of operating budgets, gift funds, endowment funds, and all other types of spending.

• Perform ad hoc modeling and analysis at the guidance of the AVPF to support new projects and key financial initiatives as necessary.

• Reporting & Operations:

• Support the Budget Office in process improvement initiatives across campus, such as report development and the rollout of new advanced technologies.

• Support the operations of the department, such as the collection, loading, and reconciliation of the college's annual budget plan

• Create data visualizations; creating and updating charts, dashboards, tables, and summaries to communicate financial information clearly and elegantly

• Other responsibilities:

• Take appropriate action to support a diverse workforce and participate in the College's efforts to create a respectful, inclusive, and welcoming work environment.

• Must possess a high degree of initiative, self-direction, critical and creative thinking, and independent judgment. Must be willing to take direction from multiple stakeholders.

Position Qualifications

Minimum Qualifications:

Education and/or experience:

• Bachelor's degree in finance, accounting, or business administration required.
• 2-4 years of experience in planning and/or financial operations or an equivalent combination of education/experience.
• Provide comprehensive budget and financial analysis, including variance reporting, forecasting, and scenario modeling.
• Excellent organizational skills, including the ability to prioritize work, manage multiple tasks simultaneously, and meet deadlines.
• Strong written and verbal communication skills. Ability to produce clear and concise reports and correspondence.
• Excellent interpersonal skills with the ability to build and maintain relationships with staff and faculty, and other stakeholders.
• Act as a trusted resource for budget managers and College leadership, delivering analytical insights, financial reporting, and guidance.
• Proficient in MS Office Suite (Word, Excel, PowerPoint).

Preferred Qualifications or Skills:

• Advanced degree preferred. Experience with Workday and/or Adaptive Planning preferred.
• Experience in Higher Education is a plus.

Physical/Mental Demands

The physical demands and work environment characteristics described herein are representative of those that must be met by an employee to successfully perform essential functions of this position and/or may be encountered while performing essential functions. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• To perform this role effectively, an employee is expected to treat all data and documents in a confidential and professional manner.
• This position involves working with a variety of timelines, including some that require quick turnaround and responsiveness to urgent needs.
• In this role, the employee will interact with other Colby staff as well as outside constituents. Presenting oneself in a professional, respectful, collaborative, and thoughtful manner is always an important part of the role.
• This position includes movement throughout office spaces, hallways, and meeting rooms.
• Daily work will involve extended use of a computer, including keyboard and mouse
• Vision requirements for this position include the ability to see clearly at close and far distances and to adjust focus as needed.
• The work environment is dynamic and engaging, often involving multiple tasks and projects that require shifting focus and strong organizational skills.
• The noise level is generally moderate.

Colby College supports the Americans with Disabilities Act and is committed to providing reasonable accommodations to enable individuals with disabilities to perform the essential functions of the position.

To Apply:

Interested candidates should apply electronically by clicking the "Apply Now" button on the Colby College website. Please upload a cover letter and resume to your application.