Job details

Analyst, Financial Planning & Analysis

Ever eat an Impossible Burger, cooked plant-based chicken, or recycle a plastic water bottle? There is not a facet of modern life that chemical engineers have not touched.

Chemical engineers have been part of almost every major development from plastics and fibers to unleaded gasoline to solar power and medicines. If it’s modern, chemical engineers helped make it happen.

AIChE, founded in 1908, is a professional society of more than 60,000 chemical engineers in 110 countries. Its members work in corporations, universities, and government, using their knowledge of chemical processes to develop safe and useful products for the benefit of society. AIChE fosters and disseminates chemical engineering knowledge, assists the professional and personal growth of its members, and applies the expertise of its members to address societal needs and improve the quality of life. Through its varied programs, AIChE continues to be a focal point for information exchange on the frontiers of chemical engineering research in such areas as advanced manufacturing, energy, sustainability, biological and environmental engineering, nanotechnology, and chemical plant safety and security.

Position Summary

Under the direction of the Director, Financial Planning and Analysis, the Analyst will focus on analyzing and communicating AIChE’s overall financial performance as well as the results of its business units. You will work closely with teams across the organization on financial plans and ad hoc analysis and will maintain a strong understanding of AIChE’s business processes, strategies, and market dynamics. This is an opportunity for an innovative professional to re-evaluate our existing reporting and budgeting processes to enhance, streamline and further automate them.

Responsibilities

Review and distribution of monthly financial results
Maintenance and reconciliation of timekeeping system as well as distribution of quarterly reports
Support the annual budget process by implementing budgetary controls, identify variances and troubleshoot discrepancies.
Quarterly dashboard reporting for leadership and the Board of Directors
Presentation materials for the Board of Directors (BOD) as well as the Executive and Finance Committees of the BOD, as required
Consolidating large data sets from multiple systems and creating financial models
Identifying relevant trends in financial results across AIChE
Developing high-quality analysis in collaboration with senior leadership and their staff
Performing interdepartmental cost allocations
Maintenance of the budget system and the G/L report writing module
Year-end reports for internal purposes and for the external auditor

Support Federal Grant Activities:

Review the general ledger accounts for Federal grant funded programs on a monthly basis for reasonableness and perform analytical reviews
On a monthly basis, coordinate, monitor and consolidate the personnel and non-personnel cost-sharing activities for Federal grants.
Preparation, coordination and input of AIChE budget for Federal grant funded programs.
Reconcile timesheets from the timekeeping system to personnel account in GL.

Skills

Outstanding attention to detail and the ability to manage multiple projects with tight deadlines
Strong problem solving skills. Develops innovative solutions.
Ability to work independently and as a team player
Inquisitive with a keen interest in understanding the business and the levers that drive it
Comfortable challenging the status quo

Competencies

Communication (verbal and written)
Effective teamwork skills, fostering collaboration
Analytical Thinking
Planning and Monitoring
Accountability
Software Proficiencies

MS Office - Intermediate PowerPoint and Advanced Excel (Pivot Tables, VLookup)
Power BI/Tableau or similar a plus

ERP Experience beneficial

Education and Experience Requirements

Bachelor’s degree in Accounting or Finance; MBA or CPA a plus
Minimum 2-4 years of accounting or finance experience with budget and forecasting exposure
Experience working with large data sets
Financial systems design, training and/or implementation experience valuable
Experience working with federal awards a plus, including tracking and monitoring expenses, drawdown of federal grants and cost share, is very beneficial.

Location

This position is located at our New York City Global Office, with a hybrid work from home option. Candidate must reside within commuting distance of New York City.

Salary Range: $80,000 - $100,000 per year

We offer a variety of benefits to our employees including:

Bonus opportunity
Medical, Dental and Vision Insurance
Flexible Spending Account
403b Retirement Plan with Company Match: AIChE 100% of the first 3% of your eligible pay you contribute to the plan
Paid Vacation and Sick Days
Holiday pay
Educational Assistance
Company Paid Life Insurance
Company Paid Short Term and Long Term Disability Insurance
Various Employee Perks and Discounts

The American Institute of Chemical Engineers is an Equal Opportunity Employer.

Average salary estimate

$90000 / YEARLY (est.)

min

max

$80000K

$100000K

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What You Should Know About Analyst, Financial Planning & Analysis, American Institute of Chemical Engineers

Are you ready to dive into an exciting role as an Analyst in Financial Planning & Analysis at the American Institute of Chemical Engineers (AIChE)? In this dynamic position, you'll be part of a team that drives financial insights and strategies that impact the organization and its members globally. You'll work under the direction of the Director, Financial Planning and Analysis, where your primary focus will be analyzing AIChE’s financial performance and communicating your findings effectively. Your responsibilities will include monthly financial results review, quarterly dashboard reporting for leadership, and developing high-quality analyses in collaboration with senior executives. This is more than just crunching numbers; you'll have the chance to innovate existing reporting and budgeting processes, ensuring they become more streamlined and automated. AIChE values attention to detail and problem-solving skills, empowering you to challenge the status quo. With a hybrid work option based in New York City, you'll enjoy flexibility while making a meaningful impact in the world of chemical engineering. Plus, your work will directly support Federal grant activities, giving you an opportunity to engage with important funding initiatives. If you have a bachelor’s degree in Accounting or Finance and 2-4 years of relevant experience, come join AIChE and help shape the financial future of an organization that continually strives to enhance the quality of life through engineering excellence!

Frequently Asked Questions (FAQs) for Analyst, Financial Planning & Analysis Role at American Institute of Chemical Engineers

What are the responsibilities of an Analyst, Financial Planning & Analysis at AIChE?

As an Analyst in Financial Planning & Analysis at AIChE, your responsibilities will include reviewing and distributing monthly financial results, supporting the annual budget process, and providing detailed analysis on the financial performance of the organization. Additionally, you'll create reports for the Board of Directors and collaborate with various teams to ensure effective budgetary controls.