Financial Analyst

New York State Energy Research and Development Authority; Village of Westbury (NY); On-site; USD 65,000 - 70,000; Full time

Benefits offered by this job

Competitive compensation

Generous paid time off

Tuition remission

Retirement plans with employer contributions

Job summary

The New York State Energy Research and Development Authority seeks a Financial Analyst to support financial planning and decision-making. You will assist in budgeting, forecasting, and reporting, while collaborating across departments to ensure compliance and identify process improvements.

This position requires a Bachelor's degree and 3+ years in financial analysis. The analyst will monitor budgets, analyze variances, and help develop financial models to support long-term planning initiatives.

Competitive compensation package includes paid time off, holidays, and retirement plans with employer contributions.

Qualifications

• 3+ years of experience in financial analysis, budgeting, or accounting, preferably in higher education or public sector.

Responsibilities

• Assist in the preparation and monitoring of annual budgets and forecasts.
• Analyze budget variances and provide actionable insights.
• Develop financial models to support forecasting and long-term planning.

Skills

Analytical skills

Problem-solving skills

Proficiency in Microsoft Excel

Communication skills

Attention to detail

Education

Bachelor’s degree in Accounting, Finance, or Business Administration

Tools

Workday

Financial systems

Job description

About the Role

Reporting to the Director of Budget & Planning, the Financial Analyst supports financial planning and decision-making through budgeting, forecasting, reporting, and data analysis. The role works closely with academic and administrative departments to monitor performance, control costs, and ensure compliance, while identifying opportunities to improve processes and systems. A core responsibility is managing position control (roster tracking) to align staffing plans with budgets and support informed resource decisions. The Financial Analyst also provides Workday support and training and contributes to the institution’s long‑term financial sustainability.

Responsibilities

• Assist in the preparation, consolidation, and monitoring of annual budgets and forecasts.
• Collaborate with department heads to gather financial data and ensure alignment with organizational goals.
• Maintenance of position control (roster) records and tasks, using judgment to escape approval decisions

• Analyze budget variances and provide actionable insights to improve financial performance.
• Prepare monthly, quarterly, and annual financial reports for management review.
• Weekly reconciliation of position budget to operating budget
• Analysis of headcount trends across position types and divisions

• Develop financial models to support forecasting and long‑term planning.
• Review insufficient fund notifications and collaborate with departments to post budget amendments as needed.
• Identify trends, risks, and opportunities to inform strategic decision-making.

• Monitor expenditures and recommend cost‑saving initiatives.
• Ensure compliance with internal financial policies and external regulations.

• Support the implementation and enhancement of budgeting tools and financial systems.
• Streamline reporting processes to improve accuracy and efficiency.

• Provide training and guidance to staff on Workday financial systems and budget procedures.
• Act as Expense Operations Lead (approver), ensuring submissions are accurate, policy‑compliant, and properly documented.

Qualifications

Education:

Bachelor’s degree required. Degree in Accounting, Finance, Business Administration, or a related field (preferred).

Experience:

3+ years of experience in financial analysis, budgeting, or accounting, preferably in a higher education or public sector environment.

Skills and Competencies:

• Strong analytical and problem‑solving skills.
• Proficiency in Microsoft Excel and financial systems.
• Excellent written and verbal communication skills.
• Ability to manage multiple priorities and meet deadlines.
• Knowledge of federal and institutional financial policies and procedures.
• High attention to detail and discretion with confidential information.

Benefits

Competitive compensation and benefits program inclusive of generous paid time off, holidays, tuition remission, and retirement plans with employer contributions.

EEO Statement

New York Institute of Technology is an Equal Opportunity 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.

Minimum Salary

USD 65,000.00/Yr.

Maximum Salary

USD 70,000.00/Yr.