Financial Planning and Analysis Specialist

Overview

The Opportunity

To provide management accounting support to the University’s Colleges & departments, Research, Graduate Studies and Outreach activities.

Communicate with discretion and provides professional advice from the interpretation of data and information.

Generate management accounting information that meets the needs of users.

Generate information with a high degree of accuracy and attention to detail and deadlines.

Maintain professional standards when interacting with faculty and staff.

The Responsibilities

• Assist budget managers in the preparation of annual budgets.
• Review and analyze departmental budget requests and advise departments regarding any changes in budgets.
• Assist management in the monitoring of budget expenditure and provide appropriate solutions.
• Maintenance of the budget database in accordance with the University’s decisions.
• Provide assistance to centers for any revisions to budget and explanations to management of the likely financial implications arising from such revisions.
• Prepare detailed financial reports regarding each center that compare actual outcomes to budgeted expectations. These reports are to be segmented by operating activity so the financial outcomes for each are easily apparent.
• Design and implement a financial reporting system that enables the profitability in outreach centers to be measured.
• Coordinate with the management of the: Colleges, departments, Research, Graduates and University’s centers to ensure that they have the appropriate information to manage their budgets including: Manpower, OPEX, CAPEX
• Train budget users on the financial applications and interpreting their unit’s reports.
• Control and maintain records of departmental budget decisions and budget expenditures information including changes affecting management of positions.
• Maintenance of the University Chart of Accounts to serve the needs of users.
• Coordinate effectively with various sections within the Finance department to ensure accurate booking and proper tracking of expenses related to Accounts Payable, Payroll, and Revenue, GL.
• Prepare and submit monthly reports to MoF, along with any ad hoc reports as required.
• Implement budget adjustments in Fusion based on approved changes from budget managers.
• Run Fusion reports daily or weekly to monitor budget accuracy.
• Provide support to the FD/FP&A Manager on unforeseen tasks and evolving priorities as required. Manage procurement coordination and fund allocation upon receiving required approvals.
• Prepare the MoF budget for the budget cycle in the Hyperion system.

The Responsibilities

To provide management accounting support to the University’s Colleges & departments, Research, Graduate Studies and Outreach activities.

Communicate with discretion and provides professional advice from the interpretation of data and information.

Generate management accounting information that meets the needs of users.

Generate information with a high degree of accuracy and attention to detail and deadlines.

Maintain professional standards when interacting with faculty and staff.

Key Accountabilities

• Assist budget managers in the preparation of annual budgets.
• Review and analyze departmental budget requests and advise departments regarding any changes in budgets.
• Assist management in the monitoring of budget expenditure and provide appropriate solutions.
• Maintenance of the budget database in accordance with the University’s decisions.
• Provide assistance to centers for any revisions to budget and explanations to management of the likely financial implications arising from such revisions.
• Prepare detailed financial reports regarding each center that compare actual outcomes to budgeted expectations. These reports are to be segmented by operating activity so the financial outcomes for each are easily apparent.
• Design and implement a financial reporting system that enables the profitability in outreach centers to be measured.
• Coordinate with the management of the: Colleges, departments, Research, Graduates and University’s centers to ensure that they have the appropriate information to manage their budgets including: Manpower, OPEX, CAPEX
• Train budget users on the financial applications and interpreting their unit’s reports.
• Control and maintain records of departmental budget decisions and budget expenditures information including changes affecting management of positions.
• Maintenance of the University Chart of Accounts to serve the needs of users.
• Coordinate effectively with various sections within the Finance department to ensure accurate booking and proper tracking of expenses related to Accounts Payable, Payroll, and Revenue, GL.
• Prepare and submit monthly reports to MoF, along with any ad hoc reports as required.
• Implement budget adjustments in Fusion based on approved changes from budget managers.
• Run Fusion reports daily or weekly to monitor budget accuracy.
• Provide support to the FD/FP&A Manager on unforeseen tasks and evolving priorities as required. Manage procurement coordination and fund allocation upon receiving required approvals.
• Prepare the MoF budget for the budget cycle in the Hyperion system.

The Requirements

Must possess a Bachelor degree from an accredited institution in commerce and a professional qualification in accounting with a minimum experience of 4 years or an equivalent combination of education and experience.

Other essential requirements

Proficient in Microsoft Office, with advanced expertise in Excel, including data analysis, pivot tables, charts, and complex formulas.

Must possess a Bachelor degree from an accredited institution in commerce and a professional qualification in accounting with a minimum experience of 4 years or an equivalent combination of education and experience.

Other essential requirements

Proficient in Microsoft Office, with advanced expertise in Excel, including data analysis, pivot tables, charts, and complex formulas.