Financial Analyst | Financial Analyst I

Job description

Job no: 682657
Work type: Support Staff
Pay Grade: 11
Major Administrative Unit / College: University Advancement
Department: Advancement Administration 10069887
Sub Area: AP- Professionals
Salary: Salary Commensurate with Experience
Location: East Lansing
Categories: Full Time (90-100%), Administrative Professionals- AP, Administrative/Business/Professional, Financial/Accounting, PR/Media/Graphics/Comm/Fund Raising, Union
Working/Functional Title

Financial Analyst

Position Summary

Basic Function
Collects, prepares and analyzes a variety of financial reports and gifts, values and processes in-kind gifts, values and processes life insurance policies and provides recommendations to MAU Budget Officer and VP Finance & Treasurer, reconciles gift accounts, maintains gift tracking and reports systems within Advancement Administration, and assists MAU Budget Officer with unit budget preparation and management.

Reports to the Director of Finance and Endowments.

Characteristic Duties and Responsibilities

Gift Processing

  • Collects, prepares and analyzes various gift types, focusing heavily on valuation and tracking of Gifts-in-Kind (non-cash gifts). Researches and interprets tax laws and issues to determine effect on University and its donors.
  • Analyzes and reconciles gift batches to gift tracking databases and University financial systems.
  • Administers life insurance policy gifts, communicating with insurance companies and donors, issuing premium payment reminders, processing premium payments, creating vendor profiles, and maintaining policy value database.
  • Analyzes, modifies, and approves gift transactions from campus units for processing into University Advancement gift database.
  • Financial Reporting and Reconciliation

  • Manages, processes, and provides reports for automated recurring gifts via ACH through CashPro and credit card through PayConex online portals.
  • Prepares, distributes, compiles and analyzes MAU budget files across all units within University Advancement for use and review by MAU Budget Officer. Develops and maintains reserve cash management system for special project proposals, review and tracking.
  • Processes cash, check and credit card gifts in support of Office Coordinator, and provides backup to two Accountant II staff to process securities gifts, service billings, account reconciliation, travel policy support, software license chargebacks, fee distribution, and KFS subject matter expertise.
  • Prepares and analyzes data for completing surveys with other schools and institutions via CASE and various Big 10 and Big 12 groups such as the University Foundation Financial Officers.
  • Assists in reviewing and recommending changes in University policies and procedures as directed. Supports MSU Budget Officer in document preparation for internal and external auditors.
  • Unit Specific Education/Experience/Skills

    Knowledge equivalent to that which normally would be acquired by completing a four-year degree program in accounting or finance with relevant course work in business administration; six months to one year of related and progressively more responsible or expansive work experience in accounting, auditing or financial analysis; or an equivalent combination of education and experience.

    Desired Qualifications

    Experience in the life insurance industry including life policy products.

    Additional Requirements

  • May require valid vehicle operator's license where needed to perform duties of the position.
  • Other skills and/or physical abilities required to perform duties of the position.
  • This position requires, or will require prior to the completion of the probationary period: knowledge of basic personal computer terminology and operations, and the ability to use e-mail and the Internet.
  • Equal Employment Opportunity Statement

    All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, citizenship, disability or protected veteran status.

    Required Application Materials

    Resume and Cover Letter

    Work Hours

    Work hours are 8 AM to 5 PM with some nights and weekends

    Bidding and Eligibility Ends on 11/24/2020 at 11:55 PM

    Advertised: Nov 18, 2020 Eastern Standard Time
    Applications close: Dec 2, 2020 Eastern Standard Time




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    Job No:
    Posted: 11/20/2020
    Application Due: 12/2/2020
    Work Type: