Senior Financial Analyst

Job Posting Title:

Senior Financial Analyst

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Hiring Department:

University Housing and Dining

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Position Open To:

All Applicants

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Weekly Scheduled Hours:

40

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FLSA Status:

To Be Determined at Offer

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Earliest Start Date:

Ongoing

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Position Duration:

Expected to Continue

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Location:

UT MAIN CAMPUS

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Job Details:

General Notes

UT Austin offers a competitive benefits package that includes:  

• 100% employer-paid basic medical coverage 

• Free Capital Metro bus rides

• Retirement contributions  

• Paid vacation, sick time, and holidays

• Career growth & professional development

Please visit our Human Resources (HR) website at https://hr.utexas.edu/ to learn more about the total benefits offered when you join our team!

Purpose

This position is responsible for delivering timely and accurate financial reporting, analysis, budget administration, and forecasting to support programmatic and business operations for University Housing and Dining (UHD). Perform various activities as part of the monthly and year-end close-outs. Reviews and audits contract compliance and conducts financial presentations to various stakeholders.

Responsibilities

• Reviews accounts and fund groups for the propriety of entries and approval of such vouchers. Assist in the integration of all UHD financial systems to Workday ERP system. Utilize COGNOS and/or Tableau analytics to create and modify reports and dashboards. Develops and prepares reports, monthly closing entries, financial analysis, and develop financial models to analyze debt issuances, calculate debt service requirements, debt ratios, etc.

• Assist in preparing data for feasibility and benchmark studies as needed. Assist in responding to outside consultant's requests for information. Prepare presentations as needed. Performs impact analysis and maintain complex databases to conduct comprehensive financial and technical analysis. Utilize Business Intelligence systems to support and monitor performance and financial benchmarks.

• Assist in identifying opportunities for expense management. Research and ensure accuracy of expenses. Calculate and forecast for changes in costs due to reformulation or products and service changes. Assist in reviewing costs and performing cost benefit analysis related to capital expenditure projects. Review of and report on food service operations menu engineering analysis. Maintain procurement, inventory analysis and other supply chain data.

• Help facilitate the annual budget development process. Close the feedback loop between actuals and forecasts by performing periodic analysis of actual spend versus forecast and recommend improvements.

• Assist in review of current UHD business processes and develop business requirements to ensure optimal efficiency, cost savings and customer focus. Collaborate with the UHD Infosys/Analytics team regarding requirements for execution and development of analytics capability across aligned functional areas. Assist in developing financial services Standard Operating Procedures and Financial Education and Training materials for UHD stakeholders. Provides back up support for the Accounting, Payroll, and HR team and performs other UHD Accounting/Payroll related functions. Other related functions as assigned.

• Assist in conducting monthly, quarterly, and multi-year forecasts. Conduct forecasting, trending, and what-if analysis. Assist in working with management teams to develop Key Performance Indicators (KPIs) and Financial Report dashboard.

• Assist in identifying opportunities for revenue enhancement. Help assess and support internal control processes of retail operations and cash management. Ensure reconciliation/collection of all billed revenue. Develop accounts receivable aging schedules and recommend modification of outstanding accounts receivables. Research and ensure accuracy of revenue recognition.

Required Qualifications

• Bachelor's degree in Finance, Accounting, or Business Administration.

• At least 6 years progressively responsible experience in finance or