Sr. Financial Analyst

As a community, the University of Rochester is defined by a deep commitment to Meliora - Ever Better. Embedded in that ideal are the values we share: equity, leadership, integrity, openness, respect, and accountability. Together, we will set the highest standards for how we treat each other to ensure our community is welcoming to all and is a place where all can thrive. Job Location (Full Address): 435 Alumni Rd, Rochester, New York, United States of America, 14627 Opening: Worker Subtype Regular Time Type Full time Scheduled Weekly Hours 40 Department 220540 Deans Office SEAS Work Shift UR - Day (United States of America) Range UR URG 112 Compensation Range $70,197.00 - $105,295.00 The referenced pay range represents the minimum and maximum compensation for this job. Individual annual salaries/hourly rates will be set within the job's compensation range, and will be determined by considering factors including, but not limited to, market data, education, experience, qualifications, expertise of the individual, and internal equity considerations. Responsibilities: The Sr Financial Analyst performs in an independent manner with a wide range of financial and administrative responsibilities as it pertains to Hajim School of Engineering and Applied Science, reporting to the Director of Finance, Hajim School of Engineering and Applied Sciences. These responsibilities include budgeting, forecasting, building financial models, assisting with financial planning, performing research and analysis, and preparing reports for the supported areas. Meets with project participants (e.g., Department Chairs, faculty, staff, administrative personnel, vendors, etc.) to develop, formulate, improve, and/or update projects and systems, databases, etc. A primary responsibility of the Sr Financial Analyst is to develop and manage the databases and systems to support sponsored research administration and operations, appropriately cross-train staff, and develop procedures in the utilization of these systems. In doing so, the Sr Financial Analyst will gather information, analyze and interpret data to be compliant with institutional policies, complete projects related to technology, research accounting, human resources, space, equipment, etc., and appropriately disseminate information to key personnel. The Sr Financial Analyst will develop goals and protocols or procedures and recommend methods or systems for streamlined workflow or improvements to operations across Hajim departments This position will support the academic research activity in Hajim with multiple accounts (operating, new faculty start-ups, grants, gifts, and other special accounts) based on need within the school. Serves as the primary accounting and contact person for a 20-25 faculty caseload in matters related to grant budgets and expenditures. ESSENTIAL FUNCTIONS • Assists Grants and Contracts Administrators with budgets for grant proposals. Works with the Office of Research and Project Administration (ORPA) to set up and maintain funded projects. Projects expenditures required for annual reports to funding agencies. Works with the Office of Research Accounting and Costing Standards (ORACS) on annual and end-of-project financial reports used to close out grants. • Manages grant budgets and acts as a liaison between principal investigators, ORPA, and ORACS for all grant related activities and requirements. Oversees grant closeout and extension request process. Responsible for account reconciliation, variance analysis, financial forecasts. Make recommendations based on data analytics of financial position of their research portfolio and provide decision support to Dean, Department Managers, Chairs, and principal investigators. • Works extensively with accounting staff and collaborates with other members of Hajim. Responsible for the data integrity of accounting systems to ensure timely and accurate financial reporting. Oversees and audits accounting functions; monitors expenditures and other related activities to ensure compliance with internal and sponsor regulations. Meets regularly with the department Administrator and Chair of their caseload to discuss status of finances. • Supports the Director of Finance with the budget development process for Hajim School of Engineering and Applied Sciences. • Manages accounts and prepares reports tailored to the needs of Hajim School including forecasting expenditures to start-up accounts, operating budgets, grants, gifts, and other special accounts. • Assists with the academic year salary recovery reports. • Consults with university auditors on policy and procedural questions. • Administers department policy for the use of incent