"Financial Accounting Analyst"

Job Description

Franklin & Marshall College is recruiting for a full-time Financial Accounting Analyst.

Job Details:
Location: F&M Campus - Lancaster, PA
Classification: Full-time, Exempt
Schedule: 40 hours, Monday - Friday. May require evenings and weekends.
Reports to: Controller
Department: Finance & Administration
Approved Salary Range: $68,000.00 - $72,000.00

The Financial Accounting Analyst supports strategic decision-making and financial stewardship at Franklin & Marshall College. This position supports accurate, timely, and compliant financial operations. This position is responsible for preparing and analyzing financial data, reconciling accounts, supporting audit processes, and assisting with the preparation of financial statements.

Essential Functions:

• Core Accounting, Reporting, and Compliance
  • 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.
• Analysis, Decision Support, and Financial Stewardship
  • 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.
• Audit, Controls, and Process/Policy Management
  • 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.
• Operational Support, Collaboration, and Systems
  • 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.

Requirements:

Minimum Qualifications:

• 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 Qualifications:

• Experience in higher education, nonprofit, or mission-driven organizations.
• Familiarity with fund accounting and endowment accounting principles.
• Experience with grant or restricted fund reporting.

Additional Information:
Offers of employment are contingent upon the successful completion of reference checks, a criminal background verification, and verification of credentials. The College will coordinate these verifications.

Full-time members of the Franklin & Marshall College professional staff receive competitive starting pay and a comprehensive benefits package that includes health coverage, dental, vision, generous retirement savings plan contributions, education benefits for employees, spouses and dependent children, and enjoy access to all College facilities including dining venues to suit all tastes, recreation and fitness facilities, and libraries, plus access to College performances, lectures, and events. To learn more about our Benefits, please visit our Benefits Page.

Franklin & Marshall College is committed to having an inclusive campus community where all members are treated with dignity and respect. As an Equal Opportunity Employer, the College does not discriminate in its hiring or employment practices on the basis of gender/gender-identity, sex, race or ethnicity, color, national origin, religion, age, disability, veteran's status, genetic information, family or marital status, sexual orientation, or any other protected class.

Application Instructions:
All submitted materials must be submitted via this online process. We regret we are unable to accept applications or resumes submitted via mail, email, or fax. As you are submitting your application via this online process, please ensure that you provide an accurate email address. You will then receive an acknowledgment indicating that your application materials have been received. Individuals who need accommodations due to a disability in order to submit an application or attend an employment interview should contact Human Resources at (717) 358-3996.