Senior Financial Analyst   Email     Print   PDF

Reporting to the Controller is responsible for analysis and management of finances associated with the activities of the Offices of the Controller and Vice President for Finance and Administration/Chief Financial Officer.

Financial Modeling

• Builds financial models to assist with institution financial analysis and decision making
• Builds predictive financial and cash management models
• Develop detailed financial forecasts incorporating historic, trended and current business information
• Perform financial analysis, as directed by management, and recommend alternatives courses of action by utilizing appropriate financial tools. (e.g. EVA, NPV analysis)
• Evaluate new business opportunities, potential acquisitions, new products, tax planning and spending initiatives by modeling alternative financial scenarios

Tax Returns

• Manages reporting obligations
• Serves as primary information contact and provider for required data
• Produces and provides filing and backup information to independent tax consultants
• Calculates annual real property land and building valuations, compiles tangible property data, prepares and files state forms for tax-exempt property holdings.
• Collaborates with offices and departments on data gathering needs for federal and state reporting requirements for tax-exempt organizations
• Interfaces with bond counsel, tax consultants, and auditors to maintain awareness of current filing and changing compliance needs and increasing demands
• Recommends appropriate actions to ensure compliance with federal, state, and local regulations
• Rewrites policies or provides other documents to ensure consistency with government guidelines

Tax-Exempt Bonds

• Prepares financial positions and performs due diligence reporting for bond filings
• Ensures compliance with regulatory requirements for all continuing disclosure and bond covenant reporting requirements
• Coordinates compliance filing schedule and communicates with bond counsel
• Calculates and reports maintenance of unrestricted resource values for debt compliance purposes
• Updates, monitors, compiles and distributes daily and monthly swap valuation and interest cost figures for tax-exempt bonds
• Maintains records of bond-related activities

Capital Cost Reimbursement

• Manages the construction account that provides the funds for bond financed capital costs
• Determines and documents eligibility for project cost recovery based on regulations and bond covenants
• Calculates amounts eligible for reimbursement; prepares and submits requisitions to the financing authority

General

• Monitor financial activities in support of Institution’s projects to ensure achievement of financial targets and projections as well as ensure compliance with GAAP
• Provides support to senior management on special projects and analyses
• Performs financial measurements and calculations; analyzes and interprets financial information
• Maintains records of prepared reports and filings
• Recommends appropriate actions to ensure compliance with state, federal, and local regulations
• Generates overviews of real property holdings by value, location and use for management
• Assists with assessing space utilization by providing reports and financial analysis
• Provides the Directorate with data on the economic impact of WHOI on the local and regional economies
• Performs other duties as the supervisor may, from time to time, deem necessary

B.S. degree in accounting with 3-5 years in a not-for-profit environment in a financial capacity with exposure to senior management.  Knowledge of government regulations, tax-exempt bond management, capital cost recovery, and tax filing preparation is essential.  Must be able to perform detail oriented tasks and have advanced mathematical, analytical, and statistical aptitudes. Ability to analyze and evaluate complex financial and accounting information and prepare statistical summaries.  Mastery of Microsoft Excel, Word, PowerPoint, and Adobe Acrobat.  Must have strong written and verbal communications skills, strong organizational skills and the ability to work cohesively with internal and external parties.  A broad based understanding of both the scientific and administrative activities of WHOI is desirable.