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Community College of Baltimore County
Dundalk, MD | Full Time
$56k-69k (estimate)
3 Months Ago
Financial Analyst
$56k-69k (estimate)
Full Time 3 Months Ago
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Community College of Baltimore County is Hiring a Financial Analyst Near Dundalk, MD

The purpose of this class is to perform advanced level duties in maintaining various accounting records for assigned College department or division, including assisting with budget development, the annual audit, finance projections, and account reconciliations. In accordance with Generally Accepted Accounting Principles (GAAP) and federal, state and local guidelines.Bachelor’s degree Finance, Accounting, or Business Management and three (3) years of experience analyzing financial data and preparing summary reports. Master’s degree and/or CPA certification, or pursuit of, preferred. Higher Education experience preferred. Knowledge of Generally Accepted Accounting Principles (GAAP). Proficiency in Microsoft applications.
  1. Assist in report preparation and training of college personnel in use of financial management system, including budget development.
  2. Prepare, review, and analyze operating budgets.
  3. Assist faculty and staff in revenue and expense monitoring.
  4. Prepare various financial reports and statements in compliance with federal, county, and state regulations.
  5. Prepare forecasts and revenue and expense trend analyses.
  6. Maintain, monitor, audit, and reconcile accounts; prepare adjusting entries.
  7. Prepare accounting schedules and reports for management and for external auditors and agencies.
 
  1. Prepare monthly, quarterly, and annual reports and budgets on all business units and meet regularly with area leaders to review performance and set measurement goals. 
  2. Conduct ROI analysis on ad-hoc projects, capital investments, and revenue generating investments for business segments in coordination with Sr. Dir and AVP of Business Services.
  3. Review business operations in detail and analyze activity with bookstore sales, dining services, and vending operations.
  4. Work with data analytics team to assimilate information into reporting models. Analyze enrollment data, trends, and demographics to communicate influences on sales and operations. 
  5. Support Executive and Senior Staff with financial analysis and develop business/enrollment forecasts across the colleges academic and auxiliary portfolio.
  6. Support campus directors and special fund projects with budget analysis and data about campus operations and services. 
  7. Co-develop and reconcile transactions within web-based college payment platform for non-academic operating and other business units.
  8. Perform research and analysis as requested by senior management including trend analyses and budget variance analyses.
  9. Prepare budget transfers, pay invoices, and manage journal for campus departments and business operating units. 
  10. Report on non-academic revenue generating units and advise area leaders on operating best practices, purchasing decisions and internal controls. 
  11. Assist with various accounting functions of the college including operating, other unrestricted, and custodial funds.
  12. Prepare and distribute budget development and temp/hourly spreadsheets for the budget development process, provide guidance to organization managers during completion and review and analyze submitted data.
  13. Assess operations cash flows and sustainability, create historical financials, and develop future pro-forma based on past and current operations, market trends, and enrollment data.
  14. Provide financial planning, development, and support for capital expenditures and forecasting.
  15. Identify opportunities to improve and streamline business processes and strategies using technology.
  16. Develop reporting and analyze expenditures for temp hourly and faculty employees.
 
Essential Job Duties are intended to be examples of duties and are not intended to be all inclusive. There will be other duties as assigned.

Job Summary

JOB TYPE

Full Time

SALARY

$56k-69k (estimate)

POST DATE

01/26/2024

EXPIRATION DATE

06/10/2024

WEBSITE

ccbcmd.edu

HEADQUARTERS

RANDALLSTOWN, MD

SIZE

3,000 - 7,500

FOUNDED

1957

REVENUE

$50M - $200M

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About Community College of Baltimore County

Welcome to CCBC. Come see what you can be! For more than six decades, CCBC has enabled individuals to earn degrees, build careers and improve their lives with high-quality, accessible and affordable education. CCBC offers the regions most expansive selection of degree, certificate and workplace certification programs that prepare students for transfer, job entry and career advancement in local job growth industries such as business, education, health care, information technology, cybersecurity, construction and transportation. Each year, nearly 63,000 students enroll at the colleges main campu...ses, extension centers and online, while some 3 million enjoy the colleges performing arts, galleries, planetarium and athletic facilities. CCBC graduates take advantage of tremendous tuition savings and guaranteed transfer to University of Maryland system schools, while graduates of the CCBC Honors program move on to many of the nations most selective colleges and universities, often on scholarship. CCBC is nationally recognized as a leader in innovative learning strategies, including culturally responsive teaching, is among the nations top associate degree producers, and is designated as a Military Times "Best for Vets" College. Now, thanks to expanded eligibility for the Baltimore County College Promise scholarship, even more 2015-2019 high school graduates, GED recipients and external diploma degree graduates are able to attend CCBC full time without the cost of tuition and fees. To find out more visit ccbcmd.edu/collegepromise. More
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If you are interested in becoming a Financial Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Financial Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

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Broadly speaking, a financial analyst works with financial data to help organizations make business decisions.

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Build financial models to perform financial forecasts, predict business scenarios, and provide other data analysis to help make business decisions.

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Every financial analyst’s job will hold different responsibilities depending on their specialty and where they work.

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They often develop and execute complex methodologies that enable them to generate useful pointers from the financial data and problem statements that their clients provide.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Financial Analyst jobs

To become a senior or junior level financial analyst, one may be required to earn a Master’s of Business Administration.

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Obtaining a finance degree (bachelor’s or MBA) and working towards becoming a financial analyst requires the development of skills, expertise, and specific abilities.

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To be a financial analyst, one should be good with numbers, comfortable presenting research, analytical, and have great ability to research large amounts of data and pay attention to small details.

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Earning a finance degree and taking the steps to become a financial analyst requires specific abilities and the development of specialized skills.

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With relevant work experience and appropriate training, finance students can become equipped to pursue the path of becoming a financial analyst.

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