Working/Functional Title Senior Financial Analyst Position Summary The Treasury and Financial Management office is seeking a qualified candidate to serve an important role within a small team of professionals responsible for managing debt, cash, operating investments, and endowments for the University. This position will have assignments in all areas that Treasury and Financial Management oversees. Primary duties include: + Being responsible for internal debt programs, debt reporting, and payment activities. + Administering the Charitable Remainder Trust program and assisting with endowment management. + Administering banking services and user management. + Assisting with operating cash management activities and reporting. Responsibilities Debt Operations (40%): + Responsible for internal loan and century bond program management. + Assist in capital lease purchase program management. + Monitor and report on swap collateralization requirements. + Responsible for commercial paper activity related to maturity/roll-overs. + Prepare payments in accordance with remarketing, liquidity, debt, and swap agreements and recording receipts related to debt and swaps. + Review and record charges to units for principal and interest payments on external debt. + Reconcile debt transactions recorded by Bond Trustee. + Reconcile debt databases and prepare monthly debt reports. + Prepare financial analysis needed to evaluate and report on the University’s debt portfolio reports. + Prepare periodic reports for auxiliary units that utilize debt, other debt reports as needed. + Prepare all debt related year-end schedules, reports, footnotes. + Prepare reporting for Rating Agencies. + Assist with annual analysis of private use activity to comply with tax regulations. + Assist with annual allocation of debt interest to buildings for use in external surveys and internal analyses. + Assist with debt issuances including preparing offering materials and presentations. + Assist in training and presentations related to debt programs. + Assist in the design, development, testing, and modification of financial and information systems used for debt and swap transactions. Endowment Administration (25%): + Responsible for the establishment of new endowment account requests. + Responsible for the review of endowment agreements, establishing new endowments consistent with accounting and legal requirements. + Responsible for maintaining the database of Charitable Remainder Trust asset and liability accounts. Assist University Advancement with identification/analysis of appropriate Trust vehicle for new accounts. Interface with 3rd Party Trustee and Tax preparation firm to ensure Market Value and beneficiary payment data is consistent. Complete all quarterly and year-end reporting and IRS tax requirements, including ensuring tax returns are complete and accurate. + Responsible for assisting University Advancement in transfers of gifts to the University. + Assist with performing annual Endowment minimum balance review using University established criteria. + Assist with quarterly and year-end reporting and tax compliance requirements. + Assist with Endowment spending policy analysis and recommendation. + Assist with maintaining the financial information housed on the University-wide Scholarship/Endowment system. + Assist with the identification and reporting of underutilized endowment income accounts. + Assist with preparing the Endowment Fund annual financial report for inclusion in University audited financial statements. Cash and Investment Operations (25%): + Analyze, evaluate, and make recommendations for treasury service provider relationships and services to implement treasury “best practices”. Responsible for setting up new services. + Serve as primary liaison with financial service providers; set up periodic review meetings (internal and external) and coordinate follow-up on issues. + Assist departments with the treasury services they require. Assistance provided through numerous options, including website, newsletters, training sessions, and presentations. + Responsible for the administration of bank account users. + Maintain bank account management database. + Record interest income on bank and investment accounts. Record other cash receipts such as state appropriation, royalties, and other investments. + Prepare analysis of monthly bank fees and account earnings to bank contract pricing using account analysis information, follow-up with bank on errors. + Responsible for computing and distributing investment income to various ledger accounts approved by the CFO; reconcile and report income distributions for use in audited financial statements. + Perform research and analytical work and reporting for special Treasury projects. + Responsible for self-liquidity reporting to Rating Agencies and preparation on monthly liquidity dashboard. + Assist with compiling and projecting monthly, quarterly, yearly, and multi-year University cash flows, including those used for liquidity projections and investment income projections. + Assist with annual investment income projections. + Assist with daily and monthly cash activities. + Assist in preparing investment reports and maintaining data for reporting on operating cash and other investments. + Assist with year-end reporting of cash and investment activities for inclusion in the University audited financial statements. Other (10%): + Serve as team analyst for Treasury and Financial Management Request for Proposal projects. + Assist with projects and analyses as requested by the office and/or executive management. + Serve as back-up to any Treasury and Financial Management staff. This position is "remote-friendly", with the expectation of on-campus presence periodically. This is typically referred to as "Hybrid", with the flexibility of regular remote work mixed with in-office work as mutually agreed upon with the supervisor. Minimum Requirements Knowledge equivalent to that which normally would be acquired by completing a four-year college degree program in Accounting or Finance with relevant course work in Computer Science; three to five years of related and progressively more responsible or expansive work experience in professional financial statement preparation including cost accounting or auditing or registration as a Certified Public Accountant; experience in word processing, office management, spreadsheet, and accounting software; or an equivalent combination of education and experience. Desired Qualifications + Five years of significant and relevant experience in an endowed institution, financial services firm or treasury office with experience in cash, investment, endowment, and debt management. + Strong critical thinking, financial, and analytical skills; excellent verbal and written communication and interpersonal skills. + Ability to work independently, multi-task, prioritize, and manage deadlines. + Advanced knowledge and experience with Microsoft Office applications. + Experience using enterprise financial systems such as Kuali Financial System. + Professional designation or certification such as Certified Public Accountant (CPA), Certified Treasury Professional (CTP) or Certified Management Accountant (CMA). Equal Employment Opportunity Statement All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, citizenship, age, disability or protected veteran status. Required Application Materials Resume, cover letter, and four professional references including two current or previous supervisors. Work Hours STANDARD 8-5 Website tfm.msu.edu Remote Work Statement MSU strives to provide a flexible work environment and this position has been designated as remote-friendly. Remote-friendly means some or all of the duties can be performed remotely as mutually agreed upon. Bidding eligibility ends February 18, 2025, 11:55 PM