Department:
Location:
Belknap Campus
Time Type:
Full time
Worker Type:
Regular
Job Req ID:
R109684
Minimum Requirements:
Bachelor's degree in a related field and two (2) years of relevant experience or an equivalent combination of education and experience Grade 6 (Salaried)
Position Description:
The Financial Analyst in the Provost Finance Office at the University of Louisville provides financial analysis, forecasting, and reporting to support academic units and institutional decision-making. This role prepares and analyzes budgets, financial statements, and monthly, quarterly, and annual reports, ensuring accuracy and alignment with approved financial plans.
The Financial Analyst performs month-end close activities, including expense allocations, accruals, reconciliations, and revenue recording; conducts budget-to-actual and variance analysis; and supports forecasting and planning efforts. The position serves as a financial partner to Provost areas, leading monthly budget discussions with Directors, preparing management reports and presentations, and escalating financial issues as needed.
Essential Duties and Responsibilities
- Prepare, coordinate, and document financial analysis projects, including financial and expense performance, rate of return, depreciation, and working capital.
- Provide forward-looking financial and business analysis, including forecasting and trend analysis of financial and general business conditions.
- Develop and analyze monthly, quarterly, and annual financial reports, ensuring accuracy and completeness of financial data.
- Perform month-end close activities, including expense allocations, accruals, amortization of prepaid expenses, revenue recognition, and adjusting journal entries.
- Conduct general ledger account analysis and reconciliations, including bank reconciliations, accruals, and prepaid expenses.
- Prepare accounts receivable analysis and reports; record revenue and receivables.
- Review general ledger activity to ensure transactions are posted correctly and aligned with intended budget locations.
- Analyze monthly budget-to-actual reports and perform variance analysis to support financial statements and identify trends or issues.
- Prepare financial statements and management reports for Provost areas.
- Support general financial forecasting and planning activities.
- Conduct ad hoc financial analysis and special projects by location, vendor, or program.
- Assist in the development of financial analyses and presentations for management and senior leadership.
- Support budget development activities, including assisting with budge