Financial Analysis / Budget Family Financial & Data Analyst Job Title Financial Analyst I - Budget Financial Analyst II - Budget Financial Analyst III - Budget Financial Analyst III Financial & Data Analyst III Financial & Data Analyst IV Asst Director, Budget & Fin Rptng Assoc Dir, Financial Operations Job Code MF2022 MF2010 MF2064 MF2048 MF0023 MF0033 MF0038 MMM337 Pay Grade 41 44 45 45 45 46 48 49

Under the direction of the Director or designee, the Under the general direction of the Budget Under the general direction of the Budget Director or Reporting to the Associate Director, Financial Under the general direction of the Manager of Under the general direction of the Sr. Director of Under the direction of the Sr. Director of Finance, the Reporting directly to the Assistant Vice Chancellor for Financial Analyst I performs complex and varied Director or designee, the Financial Analyst II designee, the Budget Financial Analyst III is generally Operations, or designee, the financial analyst will Planning & Analysis, works independently to provide Finance or designee, works independently to oversee Assistant Director, Budget and Financial Reporting is Administration and Finance, this position will work financial and administrative functions, which require a (Budget) performs various financial duties. responsible for completion of all phases of the budget support the Financial Services team in facilitating expertise to acquire, manage, manipulate and analyze all aspects of preparing various finance related responsible for managing the activities and staff of the collaboratively with managers in the areas of general high degree of independent action and the setting of Primary duties include entering, monitoring and cycle, including collection and review of information, analyses of the School’s financial performance and data and report results. Primary responsibilities surveys, analyses and reports. Provides expertise to Budget Department. This includes developing and accounting, financial information systems, budget, priorities and procedures for accomplishing tasks. This reporting on department budgets and preparation of packages for review and submission of assist in a wide range of initiatives to advise School include gathering, analyzing and interpreting analysis acquire, manage, manipulate and analyze data and improving processes and tools to ensure accurate post-award research accounting and other areas to position is responsible for the overall maintenance and expenditures utilizing financial systems as well budgets, analyzing and reporting on actual leadership on critical strategic financial questions. of financial and benchmark data, preparation of produce reports. Primary responsibilities include and timely monthly reporting and fiscal planning as actively analyze financial information and assist in processing of expenditure records and monitoring of as other sources of financial data. Other duties performance against the budgets, and developing and Additionally, this position will support The UMass reports and surveys as requested by University managing the process for and completing the work to well as informing management with in depth analyses developing financial reporting tools. This position will Position Summary the expense budget. include special projects and financial analyses maintaining the necessary information resources (both Memorial Foundation, Inc (“UMMF”) by providing management, federal agencies, state offices, gather, analyze and interpret financial and to establish operating budget targets and metrics. also review existing policies and procedures, ensuring as needed. computerized and non-computerized). Also provides general accounting services. associations and others, as well as for internal projects benchmark data, prepare reports and surveys as The incumbent will also independently conduct operations run efficiently and effectively. The analysis and reporting on current and projected cash and forecasting requested by University management, federal research and analysis, identifying and implementing incumbent will be expected to evaluate current and fund balances and other ad-hoc financial analyses agencies, state offices & associations, as well as for best practices in higher education financial reporting capabilities and work in concert with other as required. internal projects and forecasting. management, financial reporting, and continuous departments to provide insight regarding data improvement and will effectively communicate collection processes and analysis to further enhance recommendations to stakeholders at all levels of the reporting capabilities. organization.

*Ensure proper approvals processing *Completion and maintenance of departmental *Responsible for the preparation of all annual budgets *Implement data gathering procedures to maintain files *Generate operational reports, interpret data & *Manage & complete the work to gather, maintain, *Review & analyze budget information to develop & *Provide project management & develop financial *Control expenditures according to dept guidelines budgets, including entry into the financial for both internal and external use for monthly & year-end financial packages. develop recommendations based on findings interpret, analyze & report on various data to support report on forecasts & financial ratios. models to support multi-year forecasts & strategic *In consultation w/dept. director, prepare and monitor records system; *Develop & maintain databases for completing, *Prepare schedules & reports to support month-end, *Gather, analyze & maintain financial data from planning & reporting requirements *Provide financial & performance mgmt information to projects. dept. budget *Preparation of departmental budget reviews summarizing, reviewing, tracking & reporting budget year-end close & external audit various sources to support planning & other *Manage the completion of various finance related assist Sr Mgmt decision-making. *Prepare reports for external audiences (e.g. Board of *Identify budget & expenditure variances, researches, & *Monitoring & analysis of budgets on an information at account, dept. & institutional levels *Perform in-depth analyses to explain variances in management processes as well as reporting surveys, analyses & reports including tracking due *Develop predictive financial models for strategic Trustees) presenting a clear picture of budgeted resolves problems ongoing basis. *Gather & prepare historical information & budget financial results and resolve reconciling items requirements dates, determining data needed & scheduling of work financial planning and/or executive reporting operations & other financial information. *Ensure accounts are not overspent & budgetary *Day-to-day monitoring of department spending packages for departmental budget completion *Prepare first draft of monthly & year-end financial *Implement data gathering procedures and maintain to ensure timely completion dashboards. *Establish consultative relationships w/researchers, guidelines are followed vs. budget *Assist departments in completion of budgets results packages necessary files & databases to support analysis & *Produce operational reports, interpret data & *Provide high-level trend analysis for Sr Mgmt. administrative staff. Create service-oriented team that *Oversee all PA & payroll processing, maintains *Extensive use of personal and mainframe *Review & consolidate budgets submitted by depts. *Respond to requests from Sr Mgmt., President's reporting needs develop recommendations based on findings *Support Sr Mgmt in planning, allocation of resources, works closely w/UMMS staff to understand & personnel files, and confidential reports computers for data gathering, verifying, *Gather information & prepare analyses for budget Office, internal & external parties for financial *Develop models for analysis of historical trends and *Design & implement data gathering procedures & & formulation of processes. effectively address the needs of the organization. *Advise dept. personnel on HR policies & procedures processing and analysis hearing packages for presentation to Chancellor/Dean information & analyses projection of future trends maintain necessary files & databases to support *Collaborate with Sr Mgmt on relevant fiscal issues. *Remain current on nonprofit & governmental financial *Review monthly status of financial accounts & *Assist in the development of new & budget review committee *Act as resource to Financial Srvcs Dept for research *Study & design benchmark data to be used for analysis & reporting needs *Provide oversight of the Worcester campus best practices & state/federal regulations. Essential Functions / transaction printouts for accuracy. computerized data systems and improvement *Completion of budget reporting packages (both & interpretation of financial reporting standards financial comparisons & peer studies *Develop models for analysis of historical trends & operating budget including budget development, *Analyze key performance metrics & financial Scope *Maintain complex records & prepare periodic financial of existing systems to support responsibilities of internal and external), including Annual Operating (FASB/GASB) *Identify problematic areas and determine best course projection of future trends preparation of projections, mid-year forecasts, & multi- information for trends, forecasts & financial ratios in reconciliations from dept. records to monthly the Budget Office budgets & State Spending Plan *Assist mgmt. in conversion to new financial reporting of action to correct data *Study & design benchmark data to be used for year scenarios. conjunction w/the budget office & other entities. automated accounting system reports. *Interface with other finance, administrative and *Respond to requests from President’s office & other models *Respond to requests from President’s Office and financial comparisons & peer studies *Review spending plans & requests for new funding & *Manage payroll & bursar dept staff *Develop *Maintain accurate records and documentation of dept. operational departments as needed internal depts for financial & budget information & *Identify operational challenges, assist with updating other internal & external parties for financial *Identify problematic areas & determine best course monitor financial performance. & recommend School Fiscal policies. transactions analyses existing/drafting new policies & procedures. information & analyses of action to correct data *Recommend strategies to enhance financial *Analyze systems & processes to maximize operating *Provide support to Business Manager *Maintain budget data on financial systems *Prepare monthly & year-end close accounting journal *Coordinate collection & reporting of financial data for *Respond to requests from President’s Office & other management, including cost savings opportunities. efficiency. *Recommend improvements *Gather, analyze & report on actual performance entries & reconciliations for UMMF transactions surveys & inquiries internal & external parties for financial information & *Continue to develop Adaptive Insights (budget *Participate in the administrative budget review & long *Serve as a resource to others against budgets *Monitor gifts & pledges for proper accounting *Assist w/projects including financial analyses & annual analyses software system). Utilize current systems to automate range planning processes. *Prepare/process payroll & personnel documents for *Prepare analyses of current & projected cash & fund *Act as liaison with Advancement Office to research & long range budgeting & planning *Manage collection & reporting of financial data for processes & evaluate enhancements for additional *Provide ongoing support & consultation to the Asst. & appointments, promotions, and termination balances and respond to all UMMF accounting requests surveys & inquiries functionality & efficiency. Assoc. Vice Chancellors of Finance & Admin. *Schedule and arrange meetings. *Develop & maintain financial models for analysis of *Prepare IRS form 990 for UMMF *Assist w/projects including financial analyses & *Manage the Budget office, including individual *Promote culture of high performance & continuous current & historical financial information annual & long range budgeting & planning performance to meet dept. & institutional goals. improvement w/ committment to learning & quality.

Bachelor’s degree in Accounting, Finance, Business or Bachelor’s degree in Accounting, Finance, Business or Bachelor’s degree in Accounting, Finance, Business or Bachelor’s degree in Accounting, Finance, Business or Bachelor’s degree in Accounting, Finance, Business Bachelor’s degree in Accounting, Finance, Business Bachelor’s degree in Accounting, Finance, Business or Bachelor’s degree in Accounting, Finance, equivalent experience MBA or equivalent experience Master's equivalent experience Master's equivalent experience Master's or equivalent experience or equivalent experience equivalent experience Business or equivalent experience professional designation such as CPA or CMA or CPA preferred or CPA preferred or CPA preferred Master's or CPA preferred Master's or CPA preferred required. 7-9 years progressively responsible experience in 10+ years progressively responsible experience in 1-3 years accounting, financial analysis, budgeting, or 3-5 years accounting, financial analysis, 5-7 years accounting, financial analysis, budgeting, or 5-7 years accounting, financial analysis, budgeting, or 5-7 years accounting, financial analysis, budgeting, or 7-9 years accounting, financial analysis, budgeting, or accounting, financial analysis, budgeting, or related accounting, financial analysis, budgeting, or related related experience budgeting, or related experience related experience related experience related experience related experience with at least 3 of those years in a leadership capacity. with at least 5 of those years in a leadership capacity.

Proficiency with Microsoft Office or similar software. Extensive experience with Microsoft Office or similar Extensive experience with Microsoft Office or similar Extensive experience with Microsoft Office or similar Proficiency with Microsoft Office or similar software. Advanced MS Excel & Access experience highly software. Advanced MS software. Proficiency with Microsoft Office or similar software. Proficiency with Microsoft Office or similar Proficiency with Microsoft Office or similar software. software. Advanced MS PeopleSoft experience a plus Advanced MS Excel preferred. Excel & Access experience highly preferred. Advanced MS Excel & Access experience PeopleSoft experience a plus software. Advanced MS Excel experience highly preferred. Excel & Access experience Knowledge of experience highly preferred. Proven ability to work with various databases to query, Proven ability to work with various databases to Knowledge of accounting, budgeting and financial accounting, budgeting and financial reporting systems Required extract and analyze data preferred query, extract and analyze data preferred reporting systems Qualifications Demonstrated ability to analyze and interpret Demonstrated ability to analyze and interpret financial Demonstrated ability to analyze and interpret financial Demonstrated ability to analyze and interpret financial Demonstrated ability to analyze and interpret Demonstrated ability to analyze and interpret financial Demonstrated ability to analyze and interpret financial Demonstrated ability to analyze and interpret financial financial documents such as system reports. Ability documents such as system reports. Ability to think documents such as system reports. Ability to think documents such as system reports financial documents such as system reports documents such as system reports documents such as system reports documents such as system reports to think creatively and analyze data from new creatively and analyze data from new perspectives creatively and analyze data from new perspectives perspectives Excellent interpersonal, verbal & writing skills needed to Excellent interpersonal, verbal & writing skills Excellent interpersonal, verbal & writing skills needed Excellent interpersonal, verbal & writing skills needed to Excellent interpersonal, verbal & writing skills needed Excellent interpersonal, verbal & writing skills needed Excellent interpersonal, verbal & writing skills needed Excellent interpersonal, verbal & writing skills needed present or communicate effectively with all levels of needed to present or communicate effectively to present or communicate effectively with all levels of present or communicate effectively with all levels of to present or communicate effectively with all levels of to present or communicate effectively with all levels to present or communicate effectively with all levels of to present or communicate effectively with all levels of management with all levels of management management management management of management management management Ability and/or commitment to working with faculty, Must possess strong organizational skills, the Must possess strong organizational skills, the ability to Must possess strong organizational skills, the ability to Must possess strong organizational skills, the ability Must possess strong organizational skills, the ability to staff, & students from diverse backgrounds in an Must possess strong organizational skills, the ability to Must possess strong organizational skills, the ability to ability to establish priorities, and resolve establish priorities, and resolve problems establish priorities, and resolve problems to establish priorities, and resolve problems establish priorities, and resolve problems inclusive, welcoming environment. Ability to effectively establish priorities, and resolve problems independently establish priorities, and resolve problems independently problems independently independently independently independently independently work & communicate with individuals from varied cultural backgrounds. Provides functional supervision to Financial Budget Functionally supervise staff as needed on particular Provides functional supervision to Financial Analysts. Analysts. projects

FLSA Status Exempt Exempt Exempt Exempt Exempt Exempt Exempt Exempt

Requisition Requisition Requisition or in-family promotion from Financial Requisition or in-family promotion from Financial & Promotional Process Requisition Requisition Requisition Requisition Stand alone position not considered part of any Stand alone position not considered part of any Analyst II - Budget Data Analyst III job family job family