Financial Analyst & Budget Manager

Details

  • Position Category: Non-Academic
  • Position Title: Financial Analyst & Budget Manager
  • School/Department: Office of the SVP and Chief Financial Officer
  • Reports To: Associate Vice President for Finance and Administration
  • Time: Full-Time
  • Appointment: Regular
  • Position Starts: 09/30/2022

Information & Responsibilities

SUMMARY

Reports directly to the Associate Vice President of Finance and Administration (AVPFA). Supports the development, implementation, monitoring, interpretation, and analysis of CalArts’ annual and multi-year operating budgets, forecasting, long range planning and the making of recommendations on resource allocations. Supports the AVPFA in the compilation, analysis, and dissemination of information that provides decision support for the CFO and President’s leadership team, deans, department heads and others to contribute to sound decision making and effectiveness in managing the Institute’s financial resources.

Requirements

ESSENTIAL JOB FUNCTIONS (including but not limited to)

Institutional Budget

  • Support the AVPFA in developing, maintaining, and updating strategic long-range financial models, operating plans, tuition models, salary and staffing models, and benefits projections.
  • Support the annual operating budget process in distributing budget templates, collecting and aggregating data, coordinating meetings, and synthesizing information.
  • Evaluate departmental financial stewardship by conducting rigorous analysis on department, school spending against approved budgets.
  • Software (Anaplan/Tableau) implementation, training, and maintenance across Institute.  Evaluate and monitor validity of data in collection systems and make recommendations for updates/modifications to maximize efficiencies, capabilities, and processes.
  • Assist in the development of materials for use with campus committees and Board of Trustees and its subcommittees.
  • Evaluate and monitor validity of data in collection systems and make recommendations for updates/modifications to maximize efficiencies, capabilities, and processes, and proactively resolve discrepancies by analyzing and reporting data from source systems and collaborating with Institutional Research and Information Technology to develop more effective reporting.
  • Gather information in coordination with HR, departments, and schools to update and monitor position data under the direction of the AVP. Analyze for cost savings due to position vacancies and for budget allocations.

Finance Treasury Operations

  • Supports AVPFA with the Institute's banking relationships including the review of products for banking.
  • Partners with the AVPFA and the Controller to manage cash flow projections and operating cash needs of the Institute for the purpose of the liquidation of endowment investments to achieve desired endowment spending for the budget.

Debt Management

  • Provides support to the AVPFA in overseeing existing bond issues—i.e., manages construction fund expenditures and fulfillment of legal requirements, annual arbitrage calculations, obtain annual insurance certifications.
  • Supports the AVPFA in coordinating new issues or refinancing of existing issues.

Other

  • Other special projects as needed

Qualifications

SKILLS AND ABILITIES 

  • Strong attention to detail, quality, accuracy, financial acumen, and data integrity and ability to develop complex and accurate models.
  • Excellent analytical and organizational skills.
  • Strong written and verbal communication skills.
  • Intermediate-to-advanced technology skills to use various technology solutions or a strong ability to identify new ones.
  • Ability to manage multiple projects/analyses at a given time.
  • Ability to work cooperatively with diverse audiences

EDUCATION AND EXPERIENCE

  • Bachelor's degree in Finance, Accounting, Business Administration, or business-related field preferred.
  • 5+ years of progressively responsible experience in financial modeling and analysis.
  • Ability to use reporting and analysis to identify opportunities for efficiency and/or improvements.
  • Needs to be able to work independently and with a team.
  • Excellent Excel and working knowledge of Microsoft Office and Google Suite required. Ability to extract data from ERP systems through sequel or other tools.
  • Experience in higher education preferred.

PHYSICAL REQUIREMENTS

Normal physical job functions performed within a standard office environment and include reaching, fingering, grasping, talking, hearing, seeing, and repetitive motions. May occasionally lift/push/pull items up to 15 lbs.

How to Apply

This position is available immediately.  If you are interested, please follow the link to Interfolio below:

Financial Analyst & Budget Manager - ID:104552

Equity & Diversity

California Institute of the Arts shall abide by the requirements of 41 CFR §§ 60-1.4(a), 60-300.5(a) and 60-741.5(a). These regulations prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities, and prohibit discrimination against all individuals based on their race, color, religion, sex, or national origin. Moreover, these regulations require that covered prime contractors and subcontractors take affirmative action to employ and advance in employment individuals without regard to race, color, religion, sex, national origin, protected veteran status, disability, or any other status protected under federal, state, or local law.

Further Information

CalArts has a multidisciplinary approach to its studies of the arts through six schools: Art, Critical Studies, Dance, Film/Video, Music and Theater. CalArts encourages students to explore and recognize the complexity of the many aspects of the arts. It is supported by a distinguished faculty of practicing artists and provides its Bachelor and Master of Fine Arts students with the hands-on training and exposure necessary for an artist's growth. CalArts was founded in 1961 and opened in 1969 as the first institution of higher learning in the United States specifically for students interested in the pursuit of degrees in all areas of visual and performing arts.

TypeNon-Academic
School/DepartmentOffice of the SVP and Chief Financial Officer
Reports ToAssociate Vice President for Finance and Administration
StatusFull-Time
AppointmentRegular
Available9/30/2022
Requirements

ESSENTIAL JOB FUNCTIONS (including but not limited to)

Institutional Budget

  • Support the AVPFA in developing, maintaining, and updating strategic long-range financial models, operating plans, tuition models, salary and staffing models, and benefits projections.
  • Support the annual operating budget process in distributing budget templates, collecting and aggregating data, coordinating meetings, and synthesizing information.
  • Evaluate departmental financial stewardship by conducting rigorous analysis on department, school spending against approved budgets.
  • Software (Anaplan/Tableau) implementation, training, and maintenance across Institute.  Evaluate and monitor validity of data in collection systems and make recommendations for updates/modifications to maximize efficiencies, capabilities, and processes.
  • Assist in the development of materials for use with campus committees and Board of Trustees and its subcommittees.
  • Evaluate and monitor validity of data in collection systems and make recommendations for updates/modifications to maximize efficiencies, capabilities, and processes, and proactively resolve discrepancies by analyzing and reporting data from source systems and collaborating with Institutional Research and Information Technology to develop more effective reporting.
  • Gather information in coordination with HR, departments, and schools to update and monitor position data under the direction of the AVP. Analyze for cost savings due to position vacancies and for budget allocations.

Finance Treasury Operations

  • Supports AVPFA with the Institute's banking relationships including the review of products for banking.
  • Partners with the AVPFA and the Controller to manage cash flow projections and operating cash needs of the Institute for the purpose of the liquidation of endowment investments to achieve desired endowment spending for the budget.

Debt Management

  • Provides support to the AVPFA in overseeing existing bond issues—i.e., manages construction fund expenditures and fulfillment of legal requirements, annual arbitrage calculations, obtain annual insurance certifications.
  • Supports the AVPFA in coordinating new issues or refinancing of existing issues.

Other

  • Other special projects as needed
Education and Experience

SKILLS AND ABILITIES 

  • Strong attention to detail, quality, accuracy, financial acumen, and data integrity and ability to develop complex and accurate models.
  • Excellent analytical and organizational skills.
  • Strong written and verbal communication skills.
  • Intermediate-to-advanced technology skills to use various technology solutions or a strong ability to identify new ones.
  • Ability to manage multiple projects/analyses at a given time.
  • Ability to work cooperatively with diverse audiences

EDUCATION AND EXPERIENCE

  • Bachelor's degree in Finance, Accounting, Business Administration, or business-related field preferred.
  • 5+ years of progressively responsible experience in financial modeling and analysis.
  • Ability to use reporting and analysis to identify opportunities for efficiency and/or improvements.
  • Needs to be able to work independently and with a team.
  • Excellent Excel and working knowledge of Microsoft Office and Google Suite required. Ability to extract data from ERP systems through sequel or other tools.
  • Experience in higher education preferred.

PHYSICAL REQUIREMENTS

Normal physical job functions performed within a standard office environment and include reaching, fingering, grasping, talking, hearing, seeing, and repetitive motions. May occasionally lift/push/pull items up to 15 lbs.

Instructions

This position is available immediately.  If you are interested, please follow the link to Interfolio below:

Financial Analyst & Budget Manager - ID:104552

Equity and Diversity

California Institute of the Arts shall abide by the requirements of 41 CFR §§ 60-1.4(a), 60-300.5(a) and 60-741.5(a). These regulations prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities, and prohibit discrimination against all individuals based on their race, color, religion, sex, or national origin. Moreover, these regulations require that covered prime contractors and subcontractors take affirmative action to employ and advance in employment individuals without regard to race, color, religion, sex, national origin, protected veteran status, disability, or any other status protected under federal, state, or local law.

Additional Information

CalArts has a multidisciplinary approach to its studies of the arts through six schools: Art, Critical Studies, Dance, Film/Video, Music and Theater. CalArts encourages students to explore and recognize the complexity of the many aspects of the arts. It is supported by a distinguished faculty of practicing artists and provides its Bachelor and Master of Fine Arts students with the hands-on training and exposure necessary for an artist's growth. CalArts was founded in 1961 and opened in 1969 as the first institution of higher learning in the United States specifically for students interested in the pursuit of degrees in all areas of visual and performing arts.