Financial Accounting Analyst

About This Role

The Financial Accounting Analyst supports strategic decision-making and financial stewardship at Franklin & Marshall College by preparing and analyzing financial data, reconciling accounts, and assisting with financial statements to ensure accurate, timely, and compliant financial operations.

Responsibilities

• Perform complex accounting functions in accordance with U.S. GAAP, FASB standards applicable to nonprofit and higher education institutions, and institutional financial policies.
• Prepare, review, and process 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.
• 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.
• 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.
• Assist in coordinating and supporting the annual external audit process by preparing audit workpapers, schedules, and supporting documentation, and responding to auditor inquiries.

Requirements

• 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

Qualifications

• Bachelor's degree in accounting, finance, or a related field.
• At least 5 years of accounting or financial analysis experience.

Nice to Have

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

Skills

* Required skills

Benefits