Sr. Financial Analyst, Financial Reporting (Central Finance)

About the position The School of Medicine (SOM) Financial Planning & Operations (FP&O) team is seeking a Sr. Financial Analyst, Financial Reporting to support core financial operations, including reporting, compliance, and accounting activities. This role collaborates with SOM departments and Central Finance to help ensure accurate, consistent, and policy-aligned financial reporting. The Sr. Financial Analyst performs complex analysis and planning to assist management in establishing and controlling budgets, setting financial goals, making projections and meeting fiscal objectives. Performs financial and planning activities in support of various functions, e.g., budgeting, financial planning, revenue and expenditure monitoring against budget, reconciliations and changes, and consolidation. Extracts financial data from various accounting and information systems and generates reports. Performs complex statistical cost and financial analysis of reports and data and prepares reports for management to improve financial performance and compliance. Provides data-based recommendations on critical financial business decisions.

Responsibilities

• Interpret data, and review data prepared by others, to evaluate and determine past financial performance and/or make financial projections and assist management in making overall business decisions.
• Analyze, coordinate and consolidate departmental financial information for the development of the department/divisional annual operating and/or capital budgets and five-year plan.
• Analyze, extract, and define relevant complex financial data; plan and conduct complex studies to determine cost and financial results of business activities and improve the operational and financial effectiveness of the unit, department, or division. Review financial needs and explore alternative financing methods.
• Make budget adjustments and implement cost improvement measures. Use appropriate cost rates, such as indirect and benefit rates for proposed budgets. Prepare and present budget proposals to senior management.
• Create financial systems, structures, and controls for a variety of processes that provide tracking, validation, and reporting. Implement quality control and process improvements for overall business process.
• Review proposed operating and financial plans, including proposed program increases, estimated costs and expenses to finance proposed programs. Recommend course of action to improve financial performance.
• Evaluate and analyze capital expenditures proposals, profit plans, operating records and financial statements.
• Oversee moderately complex to complex budget accounts. Provide oversight for the expenditure of funds, ensuring that funds are expended appropriately and advise stakeholders on required action to resolve funding shortfalls.
• Keep abreast of laws and regulations that impact compliance and act as a resource for administrative and financial staff.
• Utilize comprehensive knowledge of applicable laws and regulations and the university's financial accounting system to ensure internal and external compliance.
• Use various software applications, such as spreadsheets, relational databases, statistical packages, and graphics packages to assemble, manipulate and/or format data and/or reports.
• Other duties as assigned.
• Manage key components of the monthly and year-end close process, including journal entries and variance analysis.
• Apply GAAP and funds management principles to ensure accurate, compliant financial reporting.
• Maintain and enforce internal controls related to non-sponsored financial master data and funds management policies.
• Serve as a subject matter expert for reconciling and analyzing financial transactions.
• Serve as a resource for finance colleagues by providing guidance and training on accounting processes and compliance requirements.
• Review and approve master data requests, train departments on internal processes and compliance standards.

Requirements

• Bachelor's Degree in Finance, Accounting, Business or related field.
• Five years of progressively responsible related financial experience.
• Experience with applying Generally Accepted Accounting Principles.
• Additional education may substitute for required experience and additional related experience may substitute for required education beyond a high school diploma/graduation equivalent, to the extent permitted by the JHU equivalency formula.
• Strong analytical and modeling capabilities, including extensive knowledge of Microsoft Office products.
• Analytical Skills - Intermediate
• Budgeting - Intermediate
• Data Extraction and Reporting - Intermediate
• Financial Analysis and Reporting - Intermediate
• Financial Controls - Intermediate
• Financial Planning - Intermediate
• Financial Software - Intermediate
• Regulatory Compliance: Intermediate
• Statistical Analysis for Finance - Intermediate

Nice-to-haves

• Experience in preparing financial statements across multiple units.
• Working knowledge of SAP system.
• Experience with other data reporting tools, such as Tableau.

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