Full Job Description
This is a full-time, term-limited position, with full Harvard University benefits scheduled to end on June 30, 2022.
Reporting to the Director of Financial Planning and Analysis, the Financial Analyst supports the Radcliffe Institute for Advanced Study (Radcliffe) in the areas of financial planning and budgeting, financial reporting and analysis, and restricted funds management. The Financial Analyst works collaboratively with other financial staff in a team environment and supports initiatives that will improve financial processes.
Essential Duties and Responsibilities:
- Performs financial modeling and ad-hoc analysis in support of multi-year planning, budgeting, and quarterly reporting; assists with preparing management reports and financial presentations to support the CFO and other senior leadership in their financial management efforts.
- Prepares budget calendar, schedules annual budget meetings with directors and managers, and compiles budget requests
- Provides departments with direct support and training with budget preparation and oversees budget entry into the Harvard University Budget System (HUBS), coordinating with other financial staff
- Prepares centrally-budgeted items
- Analyzes budget submissions and formulates questions and recommendations; assists with departmental follow-up and finalizing budget revisions
- Maintains Radcliffe budget and planning related data, including staff headcount and FTEs
- Develops multi-year plan materials for departments, maintains record of plan decisions and plan updates, completes analyses and follow-up in support of plan reviews, documents decisions for communications with departments
- Helps prepare Radcliffe submissions to the University, including multi-year financial plan, annual operating budget and capital plan, and quarterly forecasts
- Allocates, monitors, and projects restricted fund balances and income in support of budget preparation, departmental spending plans, and stewardship reporting to donors.
- Tracks, reconciles, and adjusts restricted fund use among programs and events.
- Prepares documentation and journals for fund reallocations, income/expense/balance transfers, endowment assessments, and quarterly accruals.
- Oversees compliance with restricted fund terms and prepares financial reports sent to donors
- Ensures financial compliance with University policies and procedures and communicate possible areas of risk
- Keeps current of all relevant federal, state and University regulations, laws and policies as they presently exist and as they change, or are modified.
Typical Core Duties
- Conduct complex financial analysis and update financial models and projections
- Analyze and project budgets and financial activity for multiple programs
- Provide technical advice and problem resolution for a school/unit financial community
- Enhance, produce and distribute unit-specific planning materials; develop and produce materials to facilitate annual budget planning and financial monitoring of budget-to-actuals at the local level
- May consolidate local budgets to facilitate the upload process
- Review financial data and explore options for report development within University financial applications
- Ensure financial compliance with University policies and procedures and applicable legal rules and regulations
- Bachelor’s degree or equivalent work experience required
- Minimum of 5 years’ relevant work experience
Additional Qualifications and Skills
- Strong financial analysis and budget management experience within a complex, collaborative organization
- Strong quantitative and analytical skills, primarily using advanced Excel and PowerPoint skills
- Strong customer service skills and ability to build effective working relationships across Radcliffe and the University
- Advanced knowledge of budget management, financial analysis and financial modeling; working knowledge of accounting principles
- Demonstrated experience with financial systems and data query tools
- Excellent written and verbal communication skills
- MBA or other relevant graduate degree (e.g. Master’s in Accounting or Finance) a plus
- Experience with Oracle budgeting and reporting applications a plus
- Fund accounting experience
- Highly organized and detail-oriented; able to effectively manage time and prioritize across multiple projects simultaneously
- Employee must have the ability to sit at a desk for a minimum of seven hours a day and complete tasks requiring repetitive use of hands. The Employee will be required to occasionally travel distances to other university offices.
- Work is performed in an office setting
Harvard will require COVID vaccination for all Harvard community members who will have any on-campus presence. Individuals may claim exemption from the vaccine requirement for medical or religious reasons. More information regarding the University’s COVID vaccination requirement and exceptions may be found at the University’s “COVID-19 Vaccine Information” webpage: http://www.harvard.edu/coronavirus/covid-19-vaccine-information/.
Please note that cover letters are required for all position applications at the Harvard Radcliffe Institute.
About the Harvard Radcliffe Institute
The Harvard Radcliffe Institute at Harvard University is dedicated to creating and sharing transformative ideas across the arts, humanities, sciences, and social sciences. The Fellowship Program annually supports the work of 50 leading artists and scholars. Academic Ventures and Engagement fosters collaborative research projects and sponsors lectures and conferences that engage scholars with the public. The Schlesinger Library on the History of Women in America documents the lives of American women of the past and present for the future, furthering the Institute’s commitment to women, gender, and society.
Our recently completed strategic plan Radcliffe Engaged, 2019-2024, articulates our goals for the next five years.
We are proud to be an Affirmative Action/Equal Opportunity Employer and are committed to achieving our goals through the efforts of a highly skilled, diverse workforce. With outstanding benefits, competitive pay, extensive learning opportunities, and a stimulating and attractive work environment, the Harvard Radcliffe Institute at Harvard University may be exactly the employer you have been looking for.
Learn more about our people and programs at www.radcliffe.harvard.edu.
USA – MA – Cambridge
F0957P Financial Analyst III
00 – Non Union, Exempt or Temporary
Appointment End Date
Credit, Education, Employment, Identity
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, gender identity, sexual orientation, pregnancy and pregnancy-related conditions, or any other characteristic protected by law.