Financial Analyst III

Job Title Financial Analyst III Agency Texas A&M University Department Operations Finance Proposed Minimum Salary Commensurate Job Location College Station, Texas Job Type Staff Job Description Our Commitment Texas A&M University is committed to enriching the learning and working environment by promoting a culture that respects all perspectives, talents & identities.
Embracing varying opinions and perspectives strengthens our core values which are: Respect, Excellence, Leadership, Loyalty, Integrity, and Selfless Service.
Who we are As a part of the Division of Finance and Business Services, Finance for Operations is an employee-centric organization that provides accounting services in partnership with our stakeholders.
By promoting high standards of efficiency, integrity, innovation and customer satisfaction, we ensure financial compliance and accountability to Texas A&M University and its constituents.
Finance for Operations provides quality services that enable the institution to track and monitor fiscal operations.
Our goal is to assist in developing and maintaining quality accounting records and processes.
In conjunction with various TAMU departments and external customers, we strive to provide superior customer service.
What we want The Financial Analyst III at Texas A&M University, is responsible for providing insightful analysis and strategic recommendations for centralized IT operations, with a specific focus on service use showback, rate calculations for services, and internal billing (transfer pricing) strategies.
Responsible for contributing to the efficient management of resources, enabling us to further our research objectives and maintain our position as a leader in the academic world.
What you need to know Salary Range: Compensation will be commensurate to selected hire's experience Cover Letter & Resume: A cover letter and resume are strongly recommended Other Requirements and Factors: Requires to work extended hours at certain times of the fiscal year to meet critical deadlines Required Education and Experience: Bachelor’s degree in Accounting or Finance Five years of progressively responsible experience performing business administration, budgeting, financial management, and financial analysis (including financial projections or cost/rate analysis) Required Special Knowledge, Skills, and Abilities: Knowledge of business intelligence software which offers comprehensive reporting, analysis, and data visualization Demonstrated ability to communicate effectively both interpersonally and in writing Computer skills using word processing, spreadsheets, databases, and other office or accounting software Verbal and written communication skills Analytical and organizational skills Ability to work with large data sets Must be able to work in a collaborative team environment Ability to multi-task and work cooperatively with others Must have strong interpersonal skills.
Preferred Qualifications: Master’s degree in Accounting, Finance or relevant field.
Accounting experience with state, federal, or nonprofit business accounting systems and fiscal procedures Experience with cost accounting for Information Technology services Knowledge of how to extract and process data from other systems using APIs or data file downloads Responsibilities Rate and Showback Calculations - Establishes and refines service rate calculations for internal IT services based on usage, resource allocation, and service levels.
Develop and maintain a comprehensive showback framework and reporting process to transparently communicate IT costs, resource consumption, and variations from plans to various departments.
Collaborates with department heads to provide cost transparency and promote informed decision-making regarding IT services.
Financial Analysis - Conduct in-depth financial analysis, including budgeting, forecasting, and variance analysis, with a focus on cost attribution for IT services.
Monitor and evaluate financial performance, identifying trends, opportunities, and potential risks in relation to showback and rate calculations.
Provide recommendations to optimize cost-efficiency and resource allocation for IT services.
Assists in the management and deployment of the budget.
Participates in the development of appropriations requests.
Transfer Pricing and Internal Billing Strategies - Develops and implements transfer pricing strategies for cross-departmental services and resources, ensuring equitable cost distribution.
Monitors internal billing processes, ensuring accuracy, and resolving any discrepancies.
Collaborates with stakeholders to establish and refine internal billing methodologies and policies.
Data Management - Develops and maintains comprehensive databases and reporting tools for financial and IT data, including showback and rate calculation data.
Generates reports and visualizations to communicate insights to stakeholders.
Ensures data accuracy, integrity, and security.
Business Process Improvement - Work closely with department heads to understand their IT and financial needs, especially related to showback and internal billing.
Recommends and implements process improvements and automation solutions for cost transparency and billing accuracy.
Streamlines workflows and enhances productivity across the institution.
Provides budget training.
Develops presentations for communicating budget and other financial information to various audiences.
Why Texas A&M University? We are a prestigious university with strong traditions, Core Values, and a community of caring and collaboration.
Amenities associated with a major university, such as sporting and cultural events, state-of-the-art recreation facilities, the Bush Library and Museum, and much more await you.
Experience all that a big city has to offer but with a reasonable cost-of-living and no long commutes.
Health , dental , vision , life and long-term disability insurance with Texas A&M contributing to employee health and basic life premiums 12-15 days of annual paid holidays Up to eight hours of paid sick leave and at least eight hours of paid vacation each month Automatically enrollment in the Teacher Retirement System of Texas Health and Wellness: Free exercise programs and release time Professional Development: All employees have access to free LinkedIn Learning training, webinars, and limited financial support to attend conferences, workshops, and more Employee Tuition Assistance and Educational Release time for completing a degree while a Texas A&M employee Instructions to Applicants: Applications received by Texas A&M University must either have all job application data entered or a resume attached.
Failure to provide all job application data or a complete resume could result in an invalid submission and a rejected application.
We encourage all applicants to upload a resume or use a LinkedIn profile to pre-populate the online application.
All positions are security-sensitive.
Applicants are subject to a criminal history investigation, and employment is contingent upon the institution’s verification of credentials and/or other information required by the institution’s procedures, including the completion of the criminal history check.
Equal Opportunity/Affirmative Action/Veterans/Disability Employer.