Financial Analyst
Company: George Mason University
Location: Fairfax
Posted on: November 9, 2024
Job Description:
Financial Analyst
10001816
Fairfax, VA
Classified Staff
Opening on: Nov 2 2024
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Department: Cross Functional
Classification: Financial Svcs Specialist 1
Job Category: Classified Staff
Job Type: Part-Time
Work Schedule: Part-time (0.75 FTE, 30 hrs/wk)
Location: Fairfax, VA
Workplace Type: Hybrid Eligible
Salary: Salary commensurate with education and experience
Criminal Background Check: Yes
Financial Background Check: Yes
About the Department:
The Office of the Provost oversees all aspects of education and
research conducted at the university via its schools, colleges, and
academic support units. The Academic Administration pier advances
Mason's strategic direction by providing shared expertise in the
areas of finance and planning, budgeting, personnel, partnerships,
initiatives, and communications across academic programs and
administrative piers. The pier collaborates with campus partners to
ensure efficient and strategic deployment of resources, fostering
the sustainability and growth critical for the institution's
success.
About the Position:
The Financial Analyst oversees financial transactions and financial
reporting regarding administrative and academic activities of the
Continuing and Professional Education (CPE) unit.
Responsibilities:
- Financial Management
- Conducts comprehensive financial analysis of each unit to
identify trends, risks, and opportunities for improvement;
- Tracks and analyzes variances, identifies root causes, and
recommends corrective actions;
- Collaborates with Director of Operations and Partnership
Managers to ensure direction of financial trend is aligned with
strategic goals; and
- Engages with external clients that provide educational content,
sponsors of students' education, vendors, organizations sponsoring
education for their employees (group) in verbal and written format
to discuss financial processes or issues. Examples of external
partners include Sallie Mae, Business Performance Group, Center for
Legal Studies, Loudoun/Prince William/Fairfax county governments,
new partners onboarded.
- Financial/Accounting Duties
- Reconciles activities from three different systems, Banner,
TouchNet, Destiny on a daily basis to post revenue;
- Submits invoices to external entities based on the external
entities protocol, including federal and state/local government
agencies;
- Processes all matter of payments to CPE including checks,
credit cards, wires and follow refund procedures; applies knowledge
of accounting, principles and collection procedures;
- Records, monitors, and tracks registrations for all programs
under CPE. Programs include non-credit (NC) courses for
individuals, NC courses for groups, and credit courses for
groups;
- Engages with other offices to accurately organize and maintain
book of revenue for the unit; including University Accounts
Payable, CPE Operations, CPE Business Development, Business
Officers of Schools/Colleges, Office of the Provost, and the
Registrar's Office; and
- Stays up-to-date on all new policies and procedures of
University and external entities.
- Financial Reporting
- Collects, investigates, and analyzes financial data from two
separate systems to develop effective financial reports;
- Produces financial reports at the unit level in a P&L
format, including revenue and expenditures; and
- Prepares financial forecasts in conjunction with Finance
Manager for short-term and long-term planning and
decision-making.
- Fiscal
- Completes all fiscal-related transactions within unit,
including purchase requisitions, payment requests, JV's to
reclassify and correct entries;
- Assists with Mason Finance Gateway transactions where
applicable;
- Oversees accounts payable and accounts receivable aging
reports;
- Determines appropriate accounting of deferred revenue and
accrued expenses; and
- Processes payments where applicable using university systems
and any hiring transactions related to adjunct faculty (EPAF).
- Projects
- Assists in the development and implementation of new financial
processes that affect CPE;
- Participates in special projects and initiatives as assigned,
including cost-benefit analyses; and
- Fosters a collaborative and supportive environment with
colleagues across the university.
Required Qualifications:
- Bachelor's degree in related field, or equivalent combination
of education and experience;
- Some experience (typically 1+ year) working in office
environment;
- Some experience (typically 2-4 years) working with
financial/accounting duties;
- Knowledge of entry-level accounting and/or
bookkeeping;
- Demonstrated effective written and verbal communication
skills;
- Ability to meet deadlines and manage
multiple-priorities;
- Ability to interpret and analyze financial data; and
- Proficiency in Microsoft Office Suite, especially Excel.
Preferred Qualifications:
- Considerable experience (typically 3 years) in an office
environment in a financial role or administrative role with
financial duties.
- Knowledge of university financial systems;
- Ability to communicate financial information to non-financial
stakeholders;
- Ability to build relationships and collaborate with diverse
stakeholders; and
- Familiarity of Generally Accepted Accounting Principles
(GAAP).
Instructions to Applicants:
For full consideration, applicants must apply for Financial Analyst
at https://jobs.gmu.edu/. Complete and submit the online
application to include three professional references with contact
information, and provide cover letter and resume for review.
Posting Open Date: November 2, 2024
For Full Consideration, Apply by: November 15, 2024
Open Until Filled: Yes
Keywords: George Mason University, Potomac , Financial Analyst, Accounting, Auditing , Fairfax, Maryland
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