67934BRAuto req ID:67934BRJob Code:F0956P Financial Analyst II Department Office Location:USA - MA - Cambridge Business Title:Financial AnalystSub-Unit:------------ Salary Grade (https://hr.harvard.edu/salary-ranges#ranges) :056Time Status:Full-time Union:00 - Non Union, Exempt or Temporary Additional Qualifications and Skills:A cover letter is required for this position. + Knowledge of Microsoft Office Suite, intermediate Excel skills + Working knowledge of budget management, financial analysis, financial modeling and basic accounting principles + Demonstrated experience with financial systems and data query tools Additional Information: HGSE Human Resources values diversity in all forms and believes that each employee brings a set of diverse experiences and identities to the workplace that makes us stronger, encourages innovation, and enhances our collective contributions. We continue to develop and support a workforce that reflects the diversity of those we serve; fosters an environment that allows everyone to belong and to bring their best self to work; and creates the conditions that empower employees to contribute their full potential to advancing the work of the school. We do this by: + Hiring and retaining staff reflecting the diversity of those we serve + Providing employees opportunities to learn, grow, and be challenged + Reviewing and ensuring fairness and equity in HR practices and policies including but not limited to hiring, promotion, and compensation + Developing strong relationships and partnerships internal and external to our community to advance diversity and inclusion + Communicating transparently and respectfully; and + Fostering an inclusive, respectful, and professional work environment About the Harvard Graduate School of Education Many choose to work at the Harvard Graduate School of Education because they believe in our mission and are excited by our vision for the future. We have a reputation as a great place to work, for our excellent leadership, and we are a strong community that values diversity. For more information about HGSE, its programs, research, and faculty, please visit: www.gse.harvard.edu Department:PPEPre-Employment Screening:Education, IdentityJob Function:Finance School/Unit:Harvard Graduate School of Education 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 3 years’ relevant work experience Working Conditions: HGSE is currently developing dynamic workplace models which will actively support a combination of on-campus and remote work (within a state in which Harvard is registered to do business) where business and operational needs allow. You and your manager will discuss the best schedule based on your role and operational need. If your role allows for remote work, please note that all remote work must be performed within a state in which Harvard is registered to do business (CA (Only Exempt), CT, GA, IL, MA, MD, ME, NH, NJ, NY, RI, VA, VT, and WA). Please also note that Harvard will withhold each applicable state’s required tax and other withholdings from your paycheck for the time you work there. 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. This is a Hybrid position with an on campus presence in Cambridge. Position Description: The Financial Analyst plays a vital role in enabling the Harvard Graduate School of Education (HGSE) to reach thousands of educators annually with the highest-quality professional programs in education (PPE). Reporting to the Director of Finance, this role has primary responsibility for developing, projecting, and reporting on budgets and financial plans, for both the department and its individual programs, representing $20 million of annual revenue. As a key player in PPE, this role partners closely with leaders throughout the organization to analyze financial performance and identify opportunities to enhance PPE’s services. The Financial Analyst is a key advisor to financial and organizational strategy, acting with independent initiative and on the Director’s behalf as needed. Responsibilities: • Department Reporting and Projections: Prepare monthly reports and projections based on analyzing and evaluating department results. Conduct monthly financial analysis, provide year-end projections, forecast future financial scenarios, identify funding shortfalls and recommend alternative spending plans. Collaborate on overall office budget to capture historical data, as well as enable forecasting and long-term planning; perform timely monthly audit of financial reports for leadership. • Department Representation: Serve as the Director of Finance’s senior partner in all discussions with HGSE and Harvard University finance divisions, representing the Director and PPE as needed. • Department Budgeting: Serve as partner to the Director of Finance, the Interim Managing Director, and other department leadership in developing the $20 million annual operating budgets and multi-year financial planning. Capture historical data, as well as enable forecasting and long-term planning. Prepares initial budgets, templates, and guidance, and manages alternative scenarios proposed by multiple senior stakeholders. Participate in the annual multi-year financial plan (5 years), including projections and forecasts as required by the School and University. • Program Budgeting and Projections: Work closely with Portfolio Directors and unit leaders to develop programs’ operating budgets, project financial outcomes, and analyze and evaluate financial results, including significant variances and trends. Devise and implement recommendations regarding internal procedures, communications, documentation, and role of budget managers. Develop materials and train budget managers to ensure optimal fiscal planning and financial compliance with PPE and HGSE policies and procedures. • Pricing: Partner with the Portfolio Directors and the Directors of Marketing, Engagement, and Finance to analyze and recommend pricing for open enrollment programs. Analyze and evaluate custom program opportunities to recommend pricing and contribute to proposals. • Custom Programs: Manage the financials of custom programs including billing, collection, posting G/L transactions, and reporting. Participate in the review of and execution (closeout) of contracts. • Finance Operations: Play an active role in Finance operations by working closely with the Finance Manager and the team of Finance Coordinators, modeling inclusive leadership, contributing to overall process improvements, and shouldering the team’s load during peak times. Performs complex monthly general ledger close outs and submits journal entries that will affect Harvard’s general ledger. Accounting transactions include journals to the G/L, pre-paid entries, accruals, and deferred revenue transactions in support of monthly and annual closings. • Special Projects: Conduct analyses to respond to ad-hoc queries and strategic requests. Perform other ad-hoc projects to support the policies and decision-making of PPE and HGSE leadership. Any Candidate wishing to be considered must supply a cover letter in addition to their resume. 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:Hybrid (partially on-site, partially remote) Work Format Details:This is a hybrid position that is based in Massachusetts with an on campus presence expectation. 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). Certain visa types and funding sources may limit work location. Individuals must meet work location sponsorship requirements prior to employment.