Financial Planning Specialist
4 days ago
The University Financial Liaison plays a pivotal role in fostering strong finance business partnerships with stakeholders within the University's units or groups of units. This partnership is crucial for enabling effective finance planning, reporting, and operations that align with the University's policies and guidelines.
This role involves planning and executing the implementation of finance initiatives and targets to help achieve the goals of the University's unit. It encompasses financial planning, budget monitoring and reporting, ensuring governance and compliance, and coordinating operational activities related to specific objectives of the University's unit.
The role has a primary reporting line into the Office of Finance and a secondary reporting line into the University's unit.
Key Responsibilities
- Understands the University's strategy, priorities, and aligns financial activities to enable the School to achieve its priorities. Provides relevant financial insights that value-add to the overall School performance.
- Conducts decision-support analyses that provides real-time and accurate financial information (endowment report, expenditure report, budget utilization report) and draws insights from such analyses to make recommendations to the School Management, as well as relevant finance stakeholders (e.g. finance partner @ college or finance leadership team).
- Drives effective end-to-end financial and/or budget planning and variance analyses and monitors external changes that would have impact on School financial position, supports any change initiatives or project / process improvements that will improve the depth and efficiency of forecasting, budgeting, monitoring and reporting of financial performance of the School.
- Recommends ideas and solutions with the aim of enhancing operational processes within the School by incorporating finance expertise (such as risks exposure) and best practices; Drives continuous improvements and identifies key areas of potential cost savings in the School.
- Provides required financial expertise and advisory to stakeholders (e.g. faculty, principal investigators, managers) so as to protect assets and ensures compliance with existing policies and regulation. Uses organizational acumen and knowledge of School to advise finance office holders on implications to financial reporting, statutory and regulatory reporting.
- Engage with internal and external stakeholders.
- Supports all audit reviews and execute any audit remedial actions.
- Bachelor's degree in Finance or Accountancy
- CPA preferred
- Candidate should have a minimum of 8 years of relevant experience
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