Financial Analyst for Auxiliary Budget and Planning

Department: Auxiliary BusinessesSummaryThe Financial Analyst jointly supporting the Associate Vice President for Administration (AVPA) and the Director of Budget and Financial Planning, is responsible for providing strategic financial planning, analysis, consulting, advising, and continuous improvement for the portfolio of the Associate Vice President for Administration and other areas of the University as determined by the Budget Office.The role involves decision-support analysis, coaching to improve financial literacy, strategic planning to meet customer needs and departmental targets, and identifying opportunities to address the growth needs of the University.This shared position will report to the AVPA, with approximately 75% of effort dedicated to the AVPA portfolio and 25% of effort committed to the Budget Office.Michigan Technological University is a public research university founded in 1885 in Houghton, Michigan. With more than $300 million in total revenues, $100 million in total research expenditures, and 18 research centers and institutes, Michigan Tech (MTU) fosters a world-class and diverse faculty, staff, and student population and is home to more than 7,200 students from 69 countries around the world. Consistently ranked among the best universities in the country for return on investment, MTU offers more than 120 undergraduate and graduate degree programs in science, technology, engineering, computing, forestry, business, health professions, humanities, mathematics, social sciences, and the arts. Our rural campus is situated on the Keweenaw peninsula just miles from Lake Superior in Michigan’s Upper Peninsula, offering year-round opportunities for outdoor adventure. We are Michigan’s flagship technological university, grounded in and fueled by our shared vision: to prepare students to create the future. Tomorrow needs Michigan Tech and Michigan Tech needs you!Responsibilities• Performs complex budget projections, analysis of actual activity, historic trend analysis, modeling future projections, and cost feasibility studies to facilitate decision-making and planning.• Serves as a financial expert and managerial consultant to the Associate Vice President of Administration (AVPA) and unit leaders to inform effective decision-making.• Conducts periodic reviews of cost-effective purchasing and capital expenditures.• Prepares and presents comprehensive financial reports and visualizations for diverse stakeholders, ensuring clear communication of financial impacts.• Builds and fosters successful working relationships with University departments such as Purchasing, Financial Services and Operations, Payroll, I.T., Advancement, and Financial Aid.• Leads monthly group budget accountability reporting meetings for the AVPA. Prepares and leads biannual meetings to review Auxiliary Services' financial performance.• Meets regularly with unit leaders to further develop financial literacy, assist with budget planning, and create sustainable financial strategies.• Works collaboratively and independently with the AVPA and unit leaders to identify and plan short- and long-range financial goals including leading the annual capital project planning process.• Serves on the AVPA’s Senior Staff. Assists AVPA units in developing and loading annual operating budgets, developing annual pricing proposals (room and board rates, and rate schedules for services, fees, and fines), and planning the net revenue needed for expansion, capital projects, and contributions to reserves.• Plan, develop, manage, track, and project year-end results for all AVPA departmental budgets.• Works directly with auxiliary units to develop and monitor daily, monthly, and annual key performance indicators of service excellence and financial performance.• Serves as an approver for all AVPA staff Concur purchases and travel reports.• Acts as the primary liaison for financial transactions with the dining business partner, ensuring accurate reconciliation, timely payments, and clear invoicing processes.• Collaborates with the AVPA and unit leaders on RFP development and contract management.• Utilizes Banner, WebFOCUS, and Perceptive Content to access information regarding student employment, finance, human resources, etc.• Functional supervision may be exercised over clerical support staff and student assistants.• Applies safety-related knowledge, skills, and practices to everyday work.• Provides leadership to foster a culture of safety.• Participates in University committees, as needed.• Commit to learning about continuous improvement strategies and applying them to everyday work and actively engage in continuous improvement initiatives.• Apply safety-related knowledge, skills, and practices to everyday work.• Other duties as assigned.Required Experience• Bachelor’s degree or an equivalent combination of education and experience from which comparable knowledge and abilities can be acquired.• Advanced computer and software competency in spreadsheets, databases, word processing, and presentation applications.• Experience working in the areas of financial management, accounting, and/or budgeting.• Ability to create professional and effective attachments regarding data visualization as detailed in the application process.Desirable Education And Experience• Two years experience in accounting, financial management, planning, budgeting, and data analysis.• Bachelor’s degree in accounting, business, finance, or a related field• Experience managing business operations or providing business consulting• Experience working in a collegiate setting.• Experience using Ellucian Banner.• Data visualization skills• Experience with continuous improvement strategies to help solve problems and improve processes• Demonstrated success in, or potential future contributions to, working with persons from diverse backgrounds, creating a sense of belonging, and fostering a fair, objective, welcoming place to work for persons with a wide variety of personal characteristics and viewpoints.Conditions of EmploymentOther Conditions Of EmploymentPlease note that successful applicants are responsible for ensuring their eligibility to work in the United States (i.e. a citizen or national of the United States, a lawful permanent resident, a foreign national authorized to work in the United States without the need of an employer sponsorship) on or before the effective date of your appointment, and maintain eligibility without sponsorship throughout your appointment.FLSA StatusExemptPay Rate/Salary$55,000 to $72,000Title of Position SupervisorAssociate Vice President for AdministrationSpecial Instructions to ApplicantsOptional Application Materials - Data Visualization Example• In the application's optional upload document field, provide a chart, dashboard, or other visual representation you’ve created to convey complex data insights to a broad or non-specialized audience.• Provide an accompanying narrative and documentation explaining the purpose of the visualization, the audience, and how it was or could be used to inform decision-making.To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.Michigan Technological University is an Equal Opportunity Educational Institution/Equal Opportunity Employer that provides equal opportunity for all, including protected veterans and individuals with disabilities.If you require any auxiliary aids, services, or accommodations during Michigan Tech’s hiring process please notify the Human Resources office at 906-487-2280 or hr-help@mtu.edu.Required Education, Certifications, Licensures* (minimum requirements)