Woods Hole Oceanographic Institution is currently searching for a Financial Analyst to join the Finance & Accounting Department. This is a regular, full-time, exempt position, and is eligible for benefits.
Reporting to the Director of Financial Planning & Analysis , with matrixed reporting to the Research Administrator in the Office of the Deputy Director & Vice President for Research (DDVPR), this position is responsible for collecting, monitoring and studying information to provide meaningful analysis used in financial planning and activity in the Office of the DDVPR. The Financial Analyst works closely with members of the Office of the DDVPR providing routine reporting and analysis, assisting with the annual budget and interim forecasts including the budget administration and maintenance, identifying and implementing process automation opportunities, and liaises regularly with the Finance & Accounting department. The major components of this position regularly involve, but are not limited to, tracking, reporting and analysis on the Institutions endowment, and the award programs implemented by the Office of the DDVPR.
Perform cost and spending analysis by collecting, verifying, monitoring and analyzing data from various sources; providing trends and forecasts; explaining processes
Generate monthly, quarterly and/or yearly financial reports and analyses according to WHOI specification
Correspond regularly with Institution Principal Investigators and Department Administration teams to solicit, collect and accurately document financial data related to various accounts
Prepare and reconcile detailed budgets and forecasts; Input data into tracking systems
Monitor and report on variances vs. budget and forecasts
Monitor and report on the Institutions endowment accounts including distributions and spending for the Office of the DDVPR and Finance & Accounting
Monitor and report on various scientific awards and spending including which may include discretionary, cost share, scientific startups and WHOIs Investment in Science program
Develop basic financial models to support ad hoc requests and assist in identifying opportunities for appropriate changes based on analysis
Identify and implement reporting and process automation opportunities that will increase efficiencies and accuracy
Enable strategic decisions by providing accurate and timely information on regular and ad hoc basis
Reconcile activity by comparing and correcting data
Prepare formal presentation materials
Performs other duties as deemed necessary.
Education & Experience
At least three (3) years of financial analysis related experience, preferably in an academic, research or non-profit organization
Experience in financial reporting
Proficiency with Microsoft Office (Excel, PowerPoint)
Analytical ability; problem-solving skills; strong attention to detail; excellent communications skills and ability to professionally correspond with all levels of staff
Bachelors Degree in Accounting or Finance Preferred
Experience with Business Intelligence/Decision Support Systems (BI/DSS) reporting & analytic applications
Physicalduties for this position are mostly sedentary. Physical tasks include repetitive motion. Occupational requirements include working around others, with others, and independently. Physicalduties are subject to change.
Internal Number: 2020-1301
About Woods Hole Oceanographic Institution
Woods Hole Oceanographic Institution (WHOI) is the world's leading, non-profit organization dedicated to ocean science and engineering, exploration and education. Come join a diverse organization whose curiosity, creativity, and commitment help improve the world's understanding of the ocean's importance to the plant and to society. Experience a culture of excellence, dedication, innovation and discovery.Please visit https://careers.whoi.edu for a listing of all of our openings and apply today!