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Location: Berkeley, California
Internal Number: 3856479
Senior Financial Analyst (7710U) 48143
At the University of California, Berkeley, we are committed to creating a community that fosters equity of experience and opportunity, and ensures that students, faculty, and staff of all backgrounds feel safe, welcome and included. Our culture of openness, freedom and belonging make it a special place for students, faculty and staff.
The University of California, Berkeley, is one of the world's leading institutions of higher education, distinguished by its combination of internationally recognized academic and research excellence; the transformative opportunity it provides to a large and diverse student body; its public mission and commitment to equity and social justice; and its roots in the California experience, animated by such values as innovation, questioning the status quo, and respect for the environment and nature. Since its founding in 1868, Berkeley has fueled a perpetual renaissance, generating unparalleled intellectual, economic and social value in California, the United States and the world.
We are looking for equity-minded applicants who represent the full diversity of California and who demonstrate a sensitivity to and understanding of the diverse academic, socioeconomic, cultural, disability, gender identity, sexual orientation, and ethnic backgrounds present in our community. When you join the team at Berkeley, you can expect to be part of an inclusive, innovative and equity-focused community that approaches higher education as a matter of social justice that requires broad collaboration among faculty, staff, students and community partners. In deciding whether to apply for a position at Berkeley, you are strongly encouraged to consider whether your values align with our Guiding Values and Principles, our Principles of Community, and our Strategic Plan.
At UC Berkeley, we believe that learning is a fundamental part of working, and our goal is for everyone on the Berkeley campus to feel supported and equipped to realize their full potential. We actively support this by providing all of our staff employees with at least 80 hours (10 days) of paid time per year to engage in professional development activities. To find out more about how you can grow your career at UC Berkeley, visit grow.berkeley.edu.
The Office of the Vice Chancellor of Finance provides effective financial, analytical, and administrative management to our campus partners. Our office includes the Controller's Office, Financial Planning & Analysis, University Business Partnerships & Services, Office of Strategic Initiatives, and the Immediate Office. Together these teams oversee university financial services and controls, lead an integrated approach to planning and development, and provide accurate and timely information and analyses to inform campus decision-making in service of UC Berkeley's mission of teaching, research, and public service. The Senior Financial Analyst of Financial & Capital Planning plays a central role in helping the campus manage its financial and capital resources.
Reporting to the Assistant Director of Financial & Capital Planning, this position is critical in providing financial modeling and reporting. This role will be responsible for: (1) providing short- and long-term financial analysis and forecasts for the campus's operating budget; (2) reporting on transactions related to the campus's held cash and portfolio of investments; and (3) conducting analysis and reporting on the campus debt portfolio. In fulfilling these responsibilities, the Senior Financial Analyst works with a broad range of high-level campus and system stakeholders, including the VC Finance leadership, Capital Strategies, the Controller's Office, and teams at the UC Office of the President.
Application Review Date
The First Review Date for this job is: February 15, 2023
- Analyze and report on market balances and unrealized gains in the campus's investment pools, including the Short-Term Investment Pool (STIP), Total Return Investment Pool (TRIP), and funds functioning as endowments (FFEs) to ensure adequate liquidity on campus.
- Report on the university's portfolio of internal loans, including securing annual payments and submitting fund transfer forms to Plant Accounting.
Campus Financial Model:
- Update the campus financial model with actuals monthly and re-forecast year-end and multi-year performance.
- Work with campus units (e.g., University Development & Alumni Relations, People & Culture) to identify financial trends and patterns (e.g., fundraising, salaries & benefits) to improve the model's accuracy.
- At year-end: (1) work with the Controller to reconcile the campus model view (used by campus leadership for management purposes) to the financial statements in order to finalize actual performance for the closed fiscal year, and (2) work with the Budget & Financial Operations team to adjust the roll-up of divisional budgets to finalize the campus-wide budget for the new fiscal year.
- Work with the Business Intelligence & Information Systems team to build and maintain executive dashboards that visualize campus financial performance and model projections.
- Update the campus's debt model and debt capacity analysis.
- Report on the university's existing debt portfolio, including private-use reporting, debt service reporting, etc.
- Work on ad-hoc projects as assigned by leadership.
- Draw on expert judgment and advanced technical tools and techniques to suggest potential improvements to existing processes and financial tools.
- May provide training to various stakeholders on new tools or processes.
- Strong quantitative aptitude, strategic thinking, and problem-solving ability
- 2-3 years of experience building quantitative and financial models
- Strong data skills; able to navigate through, extract insights from, and manipulate large data sets; able to fit details into a broad business strategy or mission
- Proven competence with budget and forecasting processes and development
- Proven ability to communicate, verbally and in writing, complex findings and recommendations to technical and nontechnical audiences
- Keen ability to maintain sharp focus amidst competing priorities; the acumen to effectively manage time, teams and projects to deliver commitments on time
- Proven attention to details/accuracy; an unwavering sense of integrity and pride in their work
- Highly collaborative; able to demonstrate skills managing across teams, functions, and business areas
- Solid proficiency in Microsoft Office applications; strong proficiency in Excel-based modeling or other data analysis tools
- BA/BS in Finance, Accounting, Business, Economics or related field and/or equivalent experience/training
- 3-5 years of direct, progressive experience in financial planning and analysis
- VBA skills a plus
- Knowledge of business intelligence tools such as Oracle Hyperion
- Experience in higher education
- Understanding of risk analysis methods
Salary & Benefits
For information on the comprehensive benefits package offered by the University, please visit this UCOP link.
Under California law, the University of California, Berkeley is required to provide a reasonable estimate of the compensation range for this role and should not offer a salary outside of the range posted in this job announcement. 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, analysis of internal equity, 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 budgeted salary range that the University reasonably expects to pay for this position is $91,400.00 - $131,100.00.
How to Apply
To apply, please submit your resume and cover letter.
Conviction History Background
This is a designated position requiring fingerprinting and a background check due to the nature of the job responsibilities. Berkeley does hire people with conviction histories and reviews information received in the context of the job responsibilities. The University reserves the right to make employment contingent upon successful completion of the background check.
Equal Employment Opportunity
The University of California 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, or protected veteran status. For more information about your rights as an applicant, please see the U.S. Equal Employment Opportunity Commission poster.
For the complete University of California nondiscrimination and affirmative action policy, please see the University of California Discrimination, Harassment, and Affirmative Action in the Workplace policy.
To apply, visit https://careerspub.universityofcalifornia.edu/psp/ucb/EMPLOYEE/HRMS/c/HRS_HRAM.HRS_APP_SCHJOB.GBL?Page=HRS_APP_JBPST&Action=U&FOCUS=Applicant&SiteId=21&JobOpeningId=48143&PostingSeq=1
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