Under the direct supervision of the Associate Director for Budget and Financial Planning, and working closely with the Senior Director for Budget and Financial Planning, the Senior Financial Analyst serves as an integral member of the Budget Department in the development of Berklee's operating and capital budgets as well as in the reporting and analysis of Berklee's performance against budget.
Berklee is the preeminent institute of contemporary music and the performing arts, offering undergraduate and graduate degree programs at its campuses in Boston, Massachusetts and Valencia, Spain, and through its award-winning distance learning program, Berklee Online. At Berklee College of Music and Boston Conservatory at Berklee, students explore interdisciplinary approaches to music, dance, theater, film, business, healthcare, education, technology, and more. Dedicated to nurturing the creative and career potential of the world's most inspired artists, Berklee's commitment to arts education is reflected in the work of its students, faculty, and alumni--hundreds of whom have been recognized with Grammy, Tony, Oscar, and Emmy awards.
Under the direct supervision of the Associate Director for Budget and Financial Planning ("Associate Director"), and working closely with the Senior Director for Budget and Financial Planning ("Director"), the Senior Financial Analyst ("Analyst") serves as an integral member of the Budget Department in the development of Berklee's operating and capital budgets as well as in the reporting and analysis of Berklee's performance against budget. The Analyst works with the Associate Director in maintaining the College's annual budget, monthly forecasts, long term financial models, and any decision support or other special projects as needed to inform the Vice President for Finance, Chief Financial Officer and senior leadership in decision making and ensuring prudent stewardship of the college's resources. The Senior Financial Analyst works regularly with large data sets and performs financial analysis to inform decision-making at departmental and strategic levels, providing analytic and customer service support to a broad array of constituents.
Essential Duties and Responsibilities:
Annual Budget - Contribute to the development of Berklee's operating and capital budgets, as well as multi-year financial plans through systems set-up and maintenance, provision of end-user support, development of analytic, review and presentation materials, and line item budget development. Working within portfolio model framework, partner closely with key budget owners and stakeholders to ensure completeness and accuracy of submissions. Work with Associate Director in developing consolidated budgets and analysis to inform and support decision making aligned with strategic objectives.
Reporting, Forecasting & Analysis - Conduct ongoing review, analysis and development of revenue and expense forecasts. Monitor performance against budget objectives, analyzing variances, forecasting anticipated results, and recommending corrective actions as needed. Collaborate with Accounting team to ensure close communication on results and variance analysis. Ensure accuracy, automation and timeliness of financial and managerial reports. Prepare analyses of divisional and departmental financial performance to inform senior leadership, area leadership and departmental budget managers. Develop and implement new techniques for financial analysis to meet departmental needs as required, leveraging report-writing tools.
Systems & Processes - Review budget transfer requests for reasonableness, accuracy and legitimacy; execute budget transfers within enterprise system, ensuring integrity of approved budget. Execute and track approved, out-of-cycle budget adjustments. Liaise with Accounting team to ensure and maintain structure, integrity, and security of budget and actual data within enterprise system and budget software, performing analysis and reconciliation required. Develop and maintain procedural documentation for all phases of assigned functions. In the spirit of continuous improvement, work with the Associate Director and relevant colleagues to evaluate policies, procedures and methodologies to ensure best practices are employed.
Customer Service & Support - Serve as primary resource to budget managers at all levels within portfolio model framework, partnering with them to assist in budget development, maintenance and analysis. Educate and train the budget community on relevant systems and processes; serve as key resource during annual budget preparation cycle, conducting group and individual training sessions.
Knowledge and Skills Required:
Bachelor's Degree required. Relevant advanced degree, or equivalent professional experience, in Finance, Accounting or Business Administration is highly desirable.
Minimum of 5 years related professional experience, with a strong working knowledge of accounting and financial principles and the ability to develop, analyze and communicate financial information at an institution of higher education. Workday and/or Adaptive Insights experience a plus.
High proficiency with the Microsoft Office Suite, with Excel expertise including pivot tables, macros and graphs. A demonstrated ability to employ multiple systems in the tracking, modeling and analysis of financial information. Workday and Adaptive Insights experience are a plus. Facility and comfort with forecasting anticipated outcomes based on limited data and evolving assumptions.
Strong analytical skills and ability to exercise considerable judgment, discretion, and diplomacy. Ability to handle sensitive data with discretion, employ creative problem solving, and identify and deploy process improvements.
Collaborative working style and the ability to develop and maintain strong relationships across a variety of functional areas with colleagues of all levels. Demonstrated capacity to develop and foster effective working relationships with individuals reflecting a broad range of identities, perspectives, and experiences.
Process improvement focus and ability to leverage technology to drive automation and enhancements.
Excellent verbal and written communication skills, presentation skills, and the presence to interact with senior leadership.
Excellent organizational skills, attention to detail, ability to multi-task and work under pressure; self-motivation, high energy and engagement and a positive attitude.
Applicants who are both interested and qualified should submit the following materials: * Cover letter that addresses the applicant's capabilities and experiences. * A resume or CV.
Currently enrolled Berklee students may not apply for staff or faculty positions.
The above information on this position description has been designed to indicate the general nature and level of work performed by individuals within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job. Requirements are subject to possible modification to reasonably accommodate qualified individuals with disabilities. This document does not create an employment contract, implied or otherwise, other than an "at will" employment relationship.
External and internal applicants, as well as position incumbents who become disabled as defined under the Americans With Disabilities Act, must be able to perform the essential job functions (as listed) either unaided or with the assistance of a reasonable accommodation to be determined by management on a case-by-case basis.
Incomplete applications will not be considered. The position will remain open for applications until filled.
Berklee is committed to increasing the diversity of the college community and the curriculum. Candidates who can contribute to that goal are encouraged to apply and to identify their strengths in this area.
Employee Type: Staff
Internal Number: R0001169
About Berklee College of Music
The mission of Berklee College of Music is to educate, train, and develop students to excel in music as a career. Developing the musicianship of all our students is the foundation of our curriculum. We believe that the lessons and qualities derived from that work?the self-discipline needed for excellence, the empathy required of music making and the openness and inquisitiveness essential to creativity?are critical to achievement in any pursuit, musical or otherwise; and that music is a powerful catalyst for personal growth, which is central to any collegiate experience. Founded on jazz and popular music rooted in the African cultural diaspora, our comprehensive curriculum is distinctly contemporary in its content and approach, and embraces the principal musical movements of our time. Through a course of scholarly and practical learning experiences integrating performance and writing, our curriculum covers the variety of influential styles, relevant technologies, and career opportunities open to today's music professional.