Franklin & Marshall College ยท 2 weeks ago
Financial Accounting Analyst - Franklin & Marshall College
Lancaster, PA
Full-time
Onsite
Mid, Senior Level
$68K/yr - $72K/yr
5+ years expFranklin & Marshall College is recruiting for a full-time Financial Accounting Analyst. This position supports strategic decision-making and financial stewardship, ensuring accurate and compliant financial operations through tasks such as preparing financial data, reconciling accounts, and assisting with audit processes.
Higher Education
Responsibilities
Independently perform complex accounting functions in accordance with U.S. GAAP, FASB standards applicable to nonprofit and higher education institutions, and institutional financial policies
Apply professional judgment in the preparation, review, and processing of journal entries, adjustments, accruals, and reclassifications impacting multiple funds, departments, and reporting units
Prepare assigned components of the monthly, quarterly, and annual close processes, ensuring accuracy, completeness, and adherence to established timelines and internal controls
Perform reconciliation and detailed analysis of general ledger accounts, including restricted funds, endowment activity, grants, auxiliary operations, and capital projects; investigate and resolve discrepancies in a timely manner
Assist in the preparation and review of financial reports and supporting schedules for internal and external stakeholders, including management, governing boards, and regulatory agencies
Prepare and assist in the review of regulatory and compliance submissions including IRS Form 990, escheat and other state filings, NACUBO surveys, IPEDS finance schedules, and other higher education reporting requirements ensuring accuracy and compliance with reporting standards
Provide knowledgeable support for fund accounting and nonprofit financial reporting, advising departments on appropriate accounting treatment, cost allocation methodologies, and compliance with donor restrictions and grant requirements
Analyze financial data and trends, prepare variance analyses, and provide explanations to support budgeting, forecasting, and financial decision-making
Monitor compliance with donor restrictions, grant terms, and institutional policies, and escalate issues or concerns as appropriate
Assist in coordinating and supporting the annual external audit process by preparing audit workpapers, schedules, and supporting documentation, and responding to auditor inquiries under the guidance of senior finance leadership
Contribute to the development and documentation of accounting procedures, internal controls, and process improvements to enhance accuracy, compliance, and operational efficiency
Provide functional support to finance operations staff, including reviewing work for accuracy and offering guidance as needed; may assist with training and knowledge sharing
Participate in system implementations, upgrades, and process improvement initiatives, including testing and validation of financial data and workflows
Perform special projects and other related duties as assigned in support of institutional financial operations
Qualification
Required
Bachelor's degree in accounting, finance, or a related field
At least 5 years of accounting or financial analysis experience
Proficiency with Microsoft Excel and accounting/ERP systems (e.g., Banner, Workday, or similar)
Knowledge of GAAP and internal control principles
Strong analytical and problem-solving skills
Excellent organizational skills and attention to detail
Ability to communicate effectively with both financial and non-financial staff
Excellent oral, written, interpersonal communication skills
Proficiency in Google Suite Products (Docs, Gmail, Sheets, Slides, Drive)
Evidence of a commitment to community and belonging
Successful interview
Successful completion of background checks
Preferred
Experience in higher education, nonprofit, or mission-driven organizations
Familiarity with fund accounting and endowment accounting principles
Experience with grant or restricted fund reporting
Benefits
Health coverage
Dental
Vision
Generous retirement savings plan contributions
Education benefits for employees, spouses and dependent children
Access to all College facilities including dining venues to suit all tastes
Recreation and fitness facilities
Libraries
Access to College performances, lectures, and events
Company
Franklin & Marshall College
Located in historic Lancaster, Pa., Franklin & Marshall is a residential undergraduate liberal arts college.
201-500 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase