Financial Analyst

Staff Exempt Boston, Massachusetts


The Financial Analyst is a key member of the University’s financial management organization.  This position is part of the Budget Office team and serves as a Budget Partner that works with a portfolio of internal units.  In addition, the position is responsible for administration of certain treasury functions and ensuring the quality and accuracy of the University’s budget data and financial reporting by integrating analytic, accounting, and budgeting expertise with strong capabilities to develop and use financial systems, reporting and dashboards.  The role will understand different types of funds available to departments, summarize their availability, and recommend optimal utilization to support expenditures included in the annual University operating budget.   

The person in this role will work with the members of the Budget Office and Controller’s Office and provide support to the University Budget Director, Vice President of Financial Planning and Enterprise Applications and the Senior Vice President for Finance and Administration/Treasurer in preparation of materials for presentation to senior management, the Board of Trustees and Board committees.

 Primary/Principal Responsibilities:

15% of Time
Provides consultative budget support and advice to assigned portfolio of academic/non-academic units. Evaluates compensation and non-compensation budgets and requests, including strategic initiatives and other programmatic analyses. Understands stakeholder priorities and opportunities as well as alignment with University-wide goals.

Monitors budget to actual results throughout the year to ensure activity remains within budget. Assists with compiling year-end projections and creating budget reforecasts on an ongoing basis, partnering with units across the University to explain variances to budget.

Analyzes and communicates developing budget trends on a timely basis to departments and keeps senior management apprised of significant budget trends.

Working with the Budget team and the Controller’s Office, supports and assists with the preparation of internal management financial reporting presentation(s) as well as the ongoing cash projection effort.

15% of Time
Manages the University debt portfolio including ensuring timely debt service payments and ongoing compliance with tax-exempt debt regulatory requirements. Prepares the bond disclosure for the audited financial statements. Provides support for execution of bond issuances, including analysis of proposed debt structures and liaising with financial advisors, legal counsel, investment banks, and other external partners. Assists in the preparation of rating agency materials for periodic meetings and rating agency surveys.

20% of Time
Serves as the lead analyst in preparing the annual capital budget and assists with the creation of the multi-year capital plan. Works with stakeholders across the University, including the Office of Facilities and Campus Planning, the Office of Budget and Financial Planning, Information Technology Services, the Division of Student Affairs, the schools, and the libraries. Analyzes and communicates developing capital budget trends on a timely basis to departments and senior management. Monitors budget to actual results for the capital budget throughout the year to ensure activity remains within budget. Compiles year-end projections and creates budget reforecasts on an ongoing basis, partnering with units across the University to explain variances to budget.

25% of Time
Ensures accurate financial data is informing the annual operating budget and ongoing operating result projections by utilizing all technical tools/systems available and reviewing queries / reports to identify and correct the data
Manages the optimal utilization of the University’s external funding sources and works to reallocate expenditures to appropriate funding sources.

15% of Time
Supports executive management by assisting with the maintenance and improvement of the multi-year budget and long-range financial planning model. Ensures their contribution in the analysis, modeling and budget development is consistently accurate and provided on a timely basis. Makes certain that Senior VP for Finance and Administration /Treasurer, VP of Financial Planning and Enterprise Applications, Controller, and University Budget Director are fully supported by providing special project support and analysis as needed and ensures materials for Board of Trustees meetings are prepared accurately and timely.

10% of Time
Ensures their mastery of the available systems are applied in a consistent and effective manner while maximizing the functionality to support the needs of the teams. Utilizes a variety of in-house systems (Workday Financials and Adaptive) to create both standardized and ad-hoc reports to be shared with departments and senior management in support of reporting, budget monitoring and analysis needs. Supports the continued development of the Adaptive budgeting and planning system and the development and maintenance of predictive financial models for strategic financial planning initiatives and processes and/or executive reporting dashboards.
 Qualifications Required

  • A bachelor’s degree required, preferably in finance/accounting or related field.
  • 3 to 5 years of experience in budgeting/accounting/treasury operations preferably in a higher education or non-profit setting. 
  • Attention to detail and accuracy with numerical data along with the ability to problem-solve is critical.
  • A high level of comfort working in a team environment, often under tight deadlines.
  • Excellent organizational, interpersonal and communication skills and demonstrated ability to work effectively with many areas across an organization.
  • The ability to work independently and with highly confidential information.
  • Experience using financial and reporting systems to provide thorough and accurate financial information and analysis. 
  • Proficiency with Microsoft Office. 
  • Excellent analytical, interpersonal, and written and oral communication skills.
  • Ability to evaluate and document business processes and internal controls and identify areas of potential improvement.
  • Certified Public Accountant and/or pubic accounting experience a plus.
  • Professional experience in higher education /non-profit or public auditing strongly preferred.
  • Knowledge of Generally Accepted Accounting Principles (GAAP) preferred.
  • Workday Financials, HCM and Adaptive experience strongly preferred.
  • A hybrid remote work schedule is available for this position.

Suffolk University does not discriminate against any person on the basis of race, color, national origin, ancestry, religious creed, sex, gender identity, sexual orientation, marital status, disability, age, genetic information, or status as a veteran in admission to, access to, treatment in, or employment in its programs, activities, or employment. Suffolk University is an affirmative action, equal opportunity employer. The University is dedicated to the goal of building a diverse and inclusive faculty and staff that reflect the broad range of human experience who contribute to the robust exchange of ideas on campus, and who are committed to teaching and working in a diverse environment. We strongly encourage applications from groups historically marginalized or underrepresented because of race/color, gender, religious creed, disability, national origin, veteran status or LGBTQ status. Suffolk University is especially interested in candidates who, through their training, service and experience, will contribute to the diversity and excellence of the University community.