SENIOR FINANCIAL ANALYST - FINANCIAL ANALYST 4

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UC OFFICE OF THE PRESIDENT

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DEPARTMENT OVERVIEW

The University of California Office of the President (UCOP) Budget, Financial Planning and Analysis Office provides strategic support in financial planning, policy analysis and fiscal administration to UCOP. The Budget, Financial Planning and Analysis Office provides analyses of policies, systemwide shared services and programs, assists in the determination of UCOP's financial priorities and develops strategies designed to achieve these priorities. The team partners with departments to align UCOP's resources with its strategic needs and goals, and delivers insightful financial analysis, forecasting and decision support to UCOP leadership to make effective and strategic funding, financial and operational decisions.

Position Summary
The Senior Financial Analyst's responsibilities include supporting overall budget development, and guidance for a population of UCOP divisions (clients); developing and maintaining reporting on quarterly financial results against prior year actuals & budget; analyzing variances and trends; supporting departments with a quarterly forecast. In addition, this position will provide support related to the Oracle planning and budgeting system (Oracle EPBCS), including training and end-user support, along with input to future system enhancements. This role may also be responsible for identifying opportunities to support clients with improved reporting and standards related to financial management. Please note this is a hybrid position with two (2) days a week on site in Oakland, CA.

Key Responsibilities

45% Provide direction, guidance and support to UCOP divisions and departments in preparing and analyzing budgets, reviewing quarterly budget to actual variance information and creating detailed expenditure, revenue and position forecasts. Partner with division staff to review monthly actual expenses, ensuring accuracy and consistency. Review monthly and quarterly management reporting packages covering results, trends and variances, presenting findings to key stakeholders including senior UCOP leaders.

25% Monitor monthly expenditures and departmental projects, as applicable perform variance analyses to explain variances from prior year actuals and budget, including budget system entries, appropriations, fund balancing and year-end close. Perform review of requests for annual and ad hoc funding and staffing augmentations making recommendations to UCOP leadership. Collaborate with accounting staff to ensure accuracy of key financial reports.

10% Develop reports and presentations to improve decision support including reviews of programs, initiatives or shared services and budget deep dives for improved transparency of activities and related costs. Participate in the evaluation of enhancements or changes to the financial systems and planning tool for UCOP.

10% Utilize financial models to facilitate multi-year forecasting of expenditures per division, sub-division and departments including requirements for long-range operating and capital budgets.

5% Participate in projects designed to improve UCOP Budget, Financial Planning and Analysis efficiency and effectiveness, including, but not limited to, detailed fund purpose and use analyses and reconciliation, review of departmental business models and recommendations for improved financial reporting, determination of and monitoring of ROI for departmental initiatives.

5% Provide front line support for ad hoc financial analysis requests and inquiries, presenting data and insights.

Experience
Required Qualifications

Minimum 8 years' experience in related finance or accounting roles

Skills and Abilities
Required Qualifications

Demonstrated ability to research, analyze and interpret financial data, participating cross-functionally to develop a wide range of reports and analysis used for formulating recommendations.

Strong understanding of accounting and financial systems including the ability to generate and interpret Profit and Loss Statements and Balance Sheets.

Hands-on experiences in managing financial accounts and funds, including forecasting and budgets; ability to perform complex financial analysis and customized reporting.

Ability to communicate financial information to stakeholders and management in a clear, concise manner, both written and verbal. Proven ability to work on cross-functional teams.

Experience and ability to quickly acquire thorough knowledge of institutional policies, practices and procedures, as well as research, implement and recommend improvements to policies, practices and procedures.

Exceptional time management skills, ability to prioritize projects, effectively utilize resources, ability to manage multiple tasks simultaneously, and deliver work products on time.

Must be expertly skilled in the use of Microsoft Office (Excel, Word, PowerPoint, etc) and common desktop/web applications.

Experience with ERP systems, preferably Oracle and/or Hyperion Planning, along with ad-hoc tools such as SmartView.

Preferred Qualifications

Knowledge of UC policies, and experience with fund accounting preferred.

Education
Required Qualifications

Bachelor's degree in related area and / or equivalent experience

Job Title
Financial Analyst 4

Job Code
007710

Salary Grade
Grade 24

Payscale:
$126,000 - $141,500

The University of California, Office of the President, is required to provide a reasonable estimate of the compensation range for this role. This range takes into account the wide range of factors that are considered in making compensation decisions including but not limited to experience, skills, knowledge, abilities, education, licensure and certifications, and other business and organizational needs. It is not typical for an individual to be offered a salary at or near the top of the range for a position. Salary offers are determined based on final candidate qualifications and experience. The full salary range shows the growth potential for this position and the pay scale is the budgeted salary or hourly range that the University reasonably expects to pay for this position.

Benefits: For information on the comprehensive benefits package offered by the University visit: Benefits of Belonging

ADDITIONAL INFORMATION

HOW TO APPLY

Please be prepared to attach a cover letter and resume with your application.

APPLICATION REVIEW DATE

The first review date for this job is February 20, 2025. If needed, add: The position will be open until filled.

CONDITIONS OF EMPLOYMENT

Background Check Process: Successful completion of a background check is required for this critical position. Background check process at UCOP

Smoke Free Work Environment: The University of California, Office of the President, is smoke & tobacco-free as of January 1, 2014. UC Smoke & Tobacco Free Policy

As a condition of employment, you will be required to comply with the University of California Policy on Vaccination Programs, as may be amended or revised from time to time. Federal, state, or local public health directives may impose additional requirements.

As a condition of employment, the finalist will be required to disclose if they are subject to any final administrative or judicial decisions within the last seven years determining that they committed any misconduct, are currently being investigated for misconduct, left a position during an investigation for alleged misconduct, or have filed an appeal with a previous employer.

• "Misconduct" means any violation of the policies or laws governing conduct at the applicant's previous place of employment, including, but not limited to, violations of policies or laws prohibiting sexual harassment, sexual assault, or other forms of harassment, discrimination, dishonesty, or unethical conduct, as defined by the employer.
  • UC Sexual Violence and Sexual Harassment Policy
  • UC Anti-Discrimination Policy for Employees, Students and Third Parties
  • APM - 035: Affirmative Action and Nondiscrimination in Employment

EEO STATEMENT

The University of California, Office of the President, is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age or protected veteran status. For the University of California's Affirmative Action Policy please visit: https://policy.ucop.edu/doc/4010393/PPSM-20. For the University of California's Anti-Discrimination Policy, please visit: https://policy.ucop.edu/doc/1001004/Anti-Discrimination.

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