Non-Sponsored Funds Analyst

Job Summary: Independently perform complex financial administration including budget development, financial analysis, and consultation. Provide recommendations for the use of financial resources.

Job-Specific Responsibilities:

As a key player in the FAS Office of Finance, the Non-Sponsored Funds Analyst will work closely with the Manager of Non-Sponsored funds to support the financial operations and planning for the Faculty of Arts and Sciences (FAS) non-sponsored funds portfolio.  The Non-Sponsored Funds Analyst will help ensure that the FAS’s non-sponsored funding sources – including endowments, current use gifts, construction gifts, loan funds, and unrestricted designated funds – are properly managed, utilized, and aligned with FAS priorities.

• Support the Manager of Non-Sponsored Funds in the routine review and analysis of non-sponsored fund balances across the FAS - currently a balance of $1.3 billion, across almost 10,000 individual Funds; independently perform day-to-day financial administration of non-sponsored funds, including verifying and monitoring spending and balances in accordance with financial policies and donor terms.      

• Consolidates data from disparate systems and sources to provide accurate reporting related to non-sponsored funds, including but not limited to budget-to-actual reporting and year-over-year trend analyses.       

• Responsible for accounting entries related to non-sponsored funds, such as interest expense/income allocation, balance forward adjustments, and pooled fund entries.       

• Reviews non-sponsored fund balances held across the FAS and works with the Manager of Non-Sponsored Funds to resolve issues, including developing plans for "hard to use”" funds.       

• Performs internal control and regulatory testing related to non-sponsored funds, including release from restriction testing, FASB 117 classifications, and high-risk expense reviews.       

• Reconciles the TBD (To Be Determined) FAS Gift and Endowments funds (defined as philanthropy received but not yet assigned terms) and work with cross-functional organizations to resolve balances.       

• Calculates support allocations to be applied to professorships and other restricted funds.       

• Collects and reviews capitalization and decapitalization requests and recommends appropriate action.

• Gather and analyze metrics to identify streamlining opportunities in reporting across a variety of financial systems and reports.

• Primary contact for ad hoc questions from divisions, departments, centers, and affiliate tubs.

• Assists in identifying training needs and developing educational materials related to non-sponsored fund management.

Working Conditions:  Work is performed in an office setting; this is a hybrid position requiring 3 days on campus

Physical Requirements:  Sitting and using near vision for reading and computer work for extended periods of time