Under the direct supervision of the Budget Manager for Financial Planning and Budget. This role will support the budget, financial planning and reporting of the University.
Position Specific Responsibilities:
Support the budget development and conduct research and analysis as needed during the annual budget cycle process.
Prepare monthly variance reports for budget vs. actuals and provide financial analysis support on budget reconciliation for variances between budget and actuals. Analyze data and form informed projections based on actual trends and make sound justifications for budget adjustments.
Assist with identifying and evaluating data and providing recommendations for budget improvements.
Analyze special academic financial data including enrollment data, academic program break-even analysis, contract review process, and various other financial models used by the university.
Process budget change requests and prepare GL journal entries. Set up new accounts and create ad-hoc reports or analysis, as needed.
Facilitate university processes for Financial Planning and Budgeting (budget reports, budget change requests, work-study analysis, etc.)
Quickly become well versed in the university policies and procedures to ensure compliance across the divisions, schools, and colleges.
Prepare and conduct university budget and policy training, as well as provide inquiry support for the Workday and Adaptive Insights application.
Identify and implement business process improvements.
Perform other duties or special projects as assigned or requested.
Minimum 3 years of finance or accounting experience in a progressively responsible position which have included accounting (A/P, A/R, General Accounting) and a minimum of two years of budgeting, quantitative analysis, and financial forecasting.
Demonstrate strong quantitative, analytical, report writing and financial modeling skills. Skills in writing concise, logical, and grammatically correct correspondence and reports.
Ability to utilize multiple technical data sources to produce dashboards and management reports.
Demonstrate computer competency and advance knowledge of MS Word, Excel, and Power Point. Workday Financials and/or Adaptive Insights experience is a plus.
Demonstrate knowledge in the areas of GAAP (generally accepted accounting principles) and variance analysis reporting.
Excellent communication and interpersonal skills (both written and oral) evidenced by background in preparing comprehensive reports and executive summaries.
The ability to work independently and efficiently and complete tasks in a timely manner.
Project management skills involving complex variables and project deadlines.
Typically, a Bachelor’s Degree in Accounting and/or Finance with corresponding professional experience. Incumbent will be expected to continue upgrading knowledge, skills, and abilities needed to keep abreast with regulation and policy changes.
For full consideration, applicants should submit the following items: 1) a current and comprehensive resume and 2) cover letter.
COVID Vaccination Requirement
To ensure the safety and well-being of our community Loyola Marymount University requires that all students, faculty and staff are vaccinated or have been approved for a qualifying medical or religious exemption.
Founded in 1911, Loyola Marymount University is a Carnegie classified R2 institution rooted in the Jesuit and Marymount traditions. We are committed to fostering a diverse academic community rich in opportunity for intellectual engagement and real-world experience. We enroll an academically ambitious, multicultural, and socioeconomically diverse student body. We recruit, retain and support a diverse faculty committed to excellence in teaching, research, scholarship and creativity. Our three campuses are rooted in the heart of Los Angeles, a global capital for arts and entertainment, innovation and technology, business and entrepreneurship.
LMU is a unique and rewarding place to work. As you consider your employment opportunities with our institution, we encourage you to take the time to learn about the university community and how it distinguishes us from other places of employment. We are proud of the programs, benefits and services we provide our community. We strive to ensure an inclusive environment in all aspects of campus life that fosters a strong sense of trust and mutual respect.
Loyola Marymount University is an equal employment opportunity employer a...nd prohibits unlawful discrimination on the basis of race, religious creed (including religious dress and grooming practices), color, national origin (including language and language use restrictions), ancestry, disability (mental and physical) including HIV and AIDS, legally protected medical condition (cancer-related or genetic characteristics), denial of Family and Medical Care Leave, marital status, sex (including pregnancy, childbirth, breastfeeding or related medical condition), gender, gender identity, gender expression, age 40 or over, military or veteran status, sexual orientation, genetic information or any other bases protected by federal (including but not limited to Title VI and Title VII of the Civil Rights Act of 1964, Title IX of the Education Amendments of 1972, Section 504 of the Rehabilitation Act of 1973 and the Americans with Disabilities Act of 1990), state or local law. The University does not discriminate on these bases, or any other basis protected by law, in the administration of any of its education or admissions policies, scholarship or loan programs, athletics, and other school-administered policies and programs, or in its employment policies and practices. All University policies, practices, and procedures are administered in a manner consistent with LMU's Jesuit identity and character.