Financial Analyst

Medical College of Wisconsin; Milwaukee (WI); On-site; USD 70,000 - 110,000; Full time

Job summary

The Medical College of Wisconsin is seeking a seasoned financial analyst to perform complex financial analysis, budgeting, and forecasting for the Academic Affairs department, including grants, endowments, strategic projects and institutional funds. You will prepare monthly and annual reports and present findings to department leaders.

Responsibilities include analyzing performance vs budget, generating reports from MCW systems, supporting annual budget development, ensuring grant compliance,

Qualifications

• Bachelor’s degree required.
• 5 years of progressive experience in financial analysis and/or budgeting.
• Preferred: degree in finance, accounting, or business.
• Preferred: experience in higher education.

Responsibilities

• Analyze monthly financial performance vs. budget.
• Generate and maintain monthly financial reports for department leaders for institutional, grant, project, and endowment accounts.
• Generate monthly forecasts and submit them to the budget office and internal stakeholders.
• Analyze data from MCW systems to identify financial trends (revenue, expense).
• Monitor spend against budget and identify cost optimization opportunities.
• Prepare ad–hoc reports and provide financial interpretation and analysis.

Skills

Excel pivot tables

Financial analysis

Budgeting

Data manipulation

Attention to detail

Communication

Education

Bachelor's degree

Tools

eBridge

MCW budget system

Job description

Summary

Perform complex financial and business-related analysis, data manipulation and forecast preparation for the Academic Affairs department, including internal and external grants, endowments, strategic projects and institutional funds. Apply results of analysis to produce monthly and annual financial reports, analysis and recommendations for administrative leaders.

Primary Responsibilities

Financial Analysis and Reporting

• Analyze monthly financial performance compared to budget.
• Generate and maintain monthly financial reports for department leaders for institutional, grant, project, and endowment accounts.
• Generate monthly forecasts and submit them to the budget office and other internal stakeholders as needed.
• Generate data and reports from MCW systems to analyze financial trends (revenue, expense).
• Monitor monthly spend against budget and identify areas where expense management can be adjusted for the annual budget cycle.
• Perform complex analysis, data manipulation, and report generation that requires gathering data from multiple sources to generate financial analysis and reports.
• Respond to ad–hoc requests and provide financial interpretation and analysis.
• Create financial presentations for various audiences and levels of complexity.

Budgeting

• Assist with preparation of annual budgets, including development of department budget guidelines, processes, and entry into the MCW budget system.
• Serve as the primary approver for expenditures against the approved budget, ensuring accuracy and timely completion.

Grants, Endowments and Project Accounts

• Monitor grant expenditures to ensure compliance with grant requirements and partner with investigators on grant compliance. Serve as the primary budget analyst on grants and projects in eBridge.
• Prepare ad–hoc reports as requested.

Other

• Provide guidance on MCW financial policies to ensure compliance.
• Develop and maintain standard operating procedures for monthly financial reporting.
• Identify and propose solutions to inefficiencies and opportunities for cost reduction.
• Oversee completion of special projects as assigned.
• Participate in department and MCW workgroups, committees, and specific project groups as assigned.

Knowledge – Skills – Abilities

• Knowledge of technical, business, consultation, project management, and cultural awareness.
• Knowledge of accounting and financial reporting practices.
• Knowledge and above–average skills in Excel, including heavy use and creation of pivot tables, linking large files and complex formulas.
• Attention to detail and accuracy.
• Customer service focus, building trust, communication, critical thinking, and influencing skills.

Qualifications

• Minimum Required Education: Bachelor’s degree.
• Minimum Required Experience: 5 years of progressive experience in financial analysis and/or budgeting.
• Preferred Education: Degree in finance, accounting, or business.
• Preferred Experience: Experience in higher education.

#LI-FL1

Physical Requirements

Ability to detect and translate speech or other communication is required. May occasionally require the ability to distinguish colors and perceive relative distances between objects.

Benefits

• Outstanding healthcare coverage, including but not limited to health, vision, and dental, along with flexible spending options.
• 403(b) retirement package.
• Competitive vacation and paid holidays offered.
• Tuition reimbursement.
• Paid parental leave.
• Employee & Family Assistance Program (EFAP).
• Pet insurance.
• On‑campus fitness facility, offering onsite classes.
• Additional discounted rates on items such as select cell phone plans, local fitness facilities, Milwaukee recreation and entertainment, etc.

Equal Opportunity Employer

The Medical College of Wisconsin (MCW) is an Equal Opportunity Employer. We are committed to fostering an inclusive community of outstanding faculty, staff, and students, as well as ensuring equal educational opportunity, employment, and access to services, programs, and activities, without regard to an individual's race, color, national origin, religion, age, disability, sex, gender identity/expression, sexual orientation, marital status, pregnancy, predisposing genetic characteristic, or military status. Employees, students, applicants or other members of the MCW community (including but not limited to vendors, visitors, and guests) may not be subjected to harassment that is prohibited by law or treated adversely or retaliated against based upon a protected characteristic.