Temporary Financial Analyst (Finance)

Job summary:

The position, Senior Financial Analyst, provides accurate and timely monthly forecasting reports based on his/her one-on-one interaction with the staff responsible for providing baseline information and coordination for the financial management of IEEE-Standards Association (IEEE-SA) cost centers. He/she will resolve any financial discrepancies, as required.

He/she will manage the completion of the financial reporting process for IEEE-SA Working Group annual audits. He/she will be accountable for completing legal and financial reporting from Standards Working Groups.

He/she will manage the IEEE-SA Concentration Banking Program:

·       The incumbent in this position is responsible for tracking and monitoring the project progress, setting up QA UAT documents to be distributed to the SA Volunteers, coordinating project requirements/activities, and producing the various documentation associated with project lifecycles.

 

The role typically functions as an individual contributor with no direct reports. This position must be able to work independently in a deadline-oriented environment and recommend process improvements to the Director, Business Finance Solutions CEE, CA, HR, SA, SA Working Groups, EA, and IEEE-USA.

 

1.         Financial Analysis and Reporting. He/she meets with all relevant stakeholders to compile and analyze financial information to prepare and executing monthly forecasts. He/she identifies key areas when analyzing information: he/she identifies patterns, trends, and/or missing data and reconciles all discrepancies. He/she performs financial analyses to support business cases, and provides periodic updates on financial progress to management, governance boards, and other relevant volunteers. He/she manages the annual IEEE-SA profit-and-loss process and ensures accurate and timely financial reports. He/she engages in research from multiple financial information sources for purposes of providing quarterly financial information on the IEEE-SA's lines of business to senior management and governance boards. He/she works with SA Senior and volunteer leadership (mostly, the SA Treasurer) with questions on SA financials.

2.         Budgeting and Capital Budget Creation. He/she manages the creation and organization of the annual operating budget process by arranging the initial kick-off meeting and by assembling and disseminating critical information to key IEEE-SA participants in the budgeting process. He/she develops the IEEE-SA capital budget in conjunction with the SA and IEEE Information Technology staff. He/she prepares the IEEE-SA annual capital budget by gathering and screening requirements and

requests. He/she ensures timelines are attached and adhered to each piece of leased equipment and avoids costs associated with late equipment returns.

3.        General Ledger Cost Accounting. He/she masters the IEEE cost center structure and uses it as the IEEE-SA financial foundation. He/she is knowledgeable of processes, such as line transfers to correct monthly actuals, and the reconciliation of year-end accruals and deferrals. He/she understands the flow of accounting information that impacts IEEE-SA financials. He/she works closely with IEEE accounting staff to ensure general ledger cost accounting accuracy.

4.        Compliance and Audit. He/she prepares annual compliance reports, and manages the execution of the L50-S reporting process for annual audits. The incumbent schedules and executes the annual kick-off, including design and implementation of communications to appropriate staff liaisons and volunteer groups, updating of pertinent information and the Web page. He/she reviews all financial certification report submissions. He/she ensures prompt follow-up with non-compliant groups and prepares action reports for the IEEE-SA Standards Board.

Program Management. He/she manages the IEEE-SA Next Generation Banking Central Program, including volunteer oversight, financial support, and coordination with the IEEE Treasury Department.

Bachelor's degree or equivalent experience

Business Administration, Finance, Accounting, or related field of interest