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Financial Analyst
Harvard University Cambridge, MA
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$70k-86k (estimate)
Full Time 1 Week Ago
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Harvard University is Hiring a Financial Analyst Near Cambridge, MA

Additional Qualifications and Skills
Required :
  • Strong financial analysis, modeling, and forecasting skills.
  • Detail-oriented with a high level of accuracy in financial reporting.
  • Knowledge of sponsored-billing regulations, accounting principles, and financial reporting.
  • Excellent communication and interpersonal skills to effectively engage with stakeholders.
  • Ability to translate financial concepts to non-financial stakeholders.
Preferred :
  • MBA or professional certification (e.g., CFA, CPA).
Additional Information
Please provide a cover letter with your application.
Please note:
  • Harvard University requires pre-employment reference and background screening.
  • We are unable to provide work authorization and/or visa sponsorship.
  • This position has a 180-day orientation and review period.
The health of our workforce is a priority for Harvard University. With that in mind, we strongly encourage all employees to be up-to-date on CDC-recommended vaccines.
Accessibility:
Harvard University welcomes individuals with disabilities to apply for positions and participate in its programs and activities. If you would like to request an accommodation or have questions about the physical access provided, please contact our University Disability Resources Department.
EEO Statement
We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, gender identity, sexual orientation, pregnancy and pregnancy-related conditions, or any other characteristic protected by law.
Basic Qualifications
  • Bachelor's degree or equivalent work experience required
  • Minimum of 7 years' relevant work experience
Position Description
Harvard University Information Technology (HUIT) is a community of Information Technology professionals committed to delivering service and technological solutions in support of teaching, learning, research and administration. We are recruiting an IT workforce that has both breadth in their ability to collaborate and innovate across disciplines - and depth in specific areas of expertise. HUIT offers opportunities for IT professionals to learn and work in a unique technology landscape and service-focused environment. If you are a technically proficient, nimble, user-focused, and accountable IT professional who also connects with the importance of collaborating well in a team environment, we are looking for you!
Reporting to Associate Director of Finance, Planning & Analysis, the Financial Analyst is part of HUIT's FP&A team. The Financial Analyst is responsible for supporting HUIT's extensive IT capital projects as well as supporting the growing grants management space. This exciting position will help support the growth in these areas by refining and expanding the reporting and analytics functions as well as implementing new business processes and controls.
Financial Planning and Analysis:
  • Collaborate with multiple business units to develop and review budgets, forecasts, and financial plans.
  • Develop complex and sophisticated financial models to analyze current scenarios, project future financial picture and report on actual performance against budget and forecast.
  • Contribute to the development of financial tools and dashboards to enhance decision support.
  • Prepare accurate and timely financial reports, highlighting budget variances, expenditures, and performance against key financial metrics. Develop and maintain comprehensive database and reporting tools. Generate reports and visualizations to communicate insights to stakeholders. Ensure data accuracy, integrity, and security.
  • Partner with business partners to understand their objectives and challenges, offering financial guidance to support strategic decision-making.
  • Act as a trusted advisor to business leaders, fostering strong relationships.
Sponsored Billing and Projects Reporting:
  • Ensure compliance with reporting guidelines.
  • Monitor and enforce adherence to Projects regulations, policies, and guidelines.
  • Analyze financial data to provide insights and recommendations for optimizing funding utilization and improving overall financial efficiency.
Business Process Improvement:
  • Work closely with project teams, FP&A team, and various financial partners to understand their financial and reporting needs, and with cross-functional teams to identify areas for financial improvement.
  • Recommend and identify process opportunities and automation solutions to improve financial reporting efficiency and accuracy.
  • Support streamline of workflows and enhance productivity.
Commitment to Equity, Diversity, Inclusion, and Belonging
Harvard University views equity, diversity, inclusion, and belonging as the pathway to achieving inclusive excellence and fostering a campus culture where everyone can thrive. We strive to create a community that draws upon the widest possible pool of talent to unify excellence and diversity while fully embracing individuals from varied backgrounds, cultures, races, identities, life experiences, perspectives, beliefs, and values.
Benefits
We invite you to visit Harvard's Total Rewards website (https://hr.harvard.edu/totalrewards) to learn more about our outstanding benefits package, which may include:
  • Paid Time Off: 3-4 weeks of accrued vacation time per year (3 weeks for support staff and 4 weeks for administrative/professional staff), 12 accrued sick days per year, 12.5 holidays plus a Winter Recess in December/January, 3 personal days per year (prorated based on date of hire), and up to 12 weeks of paid leave for new parents who are primary care givers.
  • Health and Welfare: Comprehensive medical, dental, and vision benefits, disability and life insurance programs, along with voluntary benefits. Most coverage begins as of your start date.
  • Work/Life and Wellness: Child and elder/adult care resources including on campus childcare centers, Employee Assistance Program, and wellness programs related to stress management, nutrition, meditation, and more.
  • Retirement: University-funded retirement plan with contributions from 5% to 15% of eligible compensation, based on age and earnings with full vesting after 3 years of service.
  • Tuition Assistance Program: Competitive program including $40 per class at the Harvard Extension School and reduced tuition through other participating Harvard graduate schools.
  • Tuition Reimbursement: Program that provides 75% to 90% reimbursement up to $5,250 per calendar year for eligible courses taken at other accredited institutions.
  • Professional Development: Programs and classes at little or no cost, including through the Harvard Center for Workplace Development and LinkedIn Learning.
  • Commuting and Transportation: Various commuter options handled through the Parking Office, including discounted parking, half-priced public transportation passes and pre-tax transit passes, biking benefits, and more.
  • Harvard Facilities Access, Discounts and Perks: Access to Harvard athletic and fitness facilities, libraries, campus events, credit union, and more, as well as discounts to various types of services (legal, financial, etc.) and cultural and leisure activities throughout metro-Boston.
Work Format Details
HUIT actively supports hybrid work where business needs allow. This position has been designated as a primarily remote position. While this position is primarily remote, this position does require the hire will be onsite on a bi-weekly, and additional travel to campus may be necessary based on business needs and the nature of work. Examples include bi-annual or quarterly Town Halls, critical business meetings or other work events. Additional details will be discussed during the interview process. All remote work must be performed within one of the Harvard Registered Payroll States, which currently includes Massachusetts, Connecticut, Maine, New Hampshire, Rhode Island, Vermont, Georgia, Illinois, Maryland, New Jersey, New York, Virginia, Washington, and California (CA for exempt positions only).
About Us
More about HUIT:
Harvard University Information Technology (HUIT) is responsible for the strategy, planning, and delivery of information technology across the University. Our mission is to assure Harvard's leadership in IT. We strive to make it easier for faculty, students, and staff to teach, research, learn and work through the effective use of information technology. HUIT's core values are User Focused, Collaborative, Innovative and Open.
HUIT's core values are:
  • User-focused
  • Collaborative
  • Innovative
  • Open
IT Academy (designed for IT Staff):
HUIT's IT Academy aims to enable each IT staff person to grow professionally and become a trusted partner to her or his team. The IT Academy is built on the belief that every IT staff member across the University (including technology employees at each school and campus) can grow in her or his area of expertise as well as building strong people and project management skills. Learn more here: https://itacademy.harvard.edu/

Job Summary

JOB TYPE

Full Time

SALARY

$70k-86k (estimate)

POST DATE

04/26/2024

EXPIRATION DATE

05/15/2024

WEBSITE

harvard.edu

HEADQUARTERS

CAMBRIDGE, MA

SIZE

15,000 - 50,000

FOUNDED

1636

REVENUE

$50M - $200M

INDUSTRY

Investment Management

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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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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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Step 3: View the best colleges and universities for Financial Analyst.

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