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F&A FIN - Financial Planning & Analysis and Debt Capital Markets

About the Department

Finance and Administration represents a committed group of people who serve the University in a variety of areas including financial services, information technology services, risk management, internal audit, compliance, human resources, and shared services. The goal of our division is to provide the services and support needed to foster an environment of academic and research excellence at the University of Chicago. Our team is dedicated to collaborative partnerships with our colleagues and customers that lay the foundation for an exemplary service delivery process. Finance and Administration is fully aligned with the strategic and academic priorities of the University, and each of the units within our division is tasked with implementing the processes necessary to achieve lasting excellence.

Job Summary

The University of Chicago is looking for a Senior Financial Analyst who will serve as a member of the finance team and will assist University-wide decision support through strategic financial analyses, debt management, and debt compliance. The position will be engaged with internal constituents across the University, as well as external constituents including auditors, investment banks and rating agencies. The position will provide critical support for the University\'s finance leadership and impact short-term and long-term strategic decisions.

In partnership with the Director of Financial Planning and Analysis and Debt Capital Markets, the Financial Analyst will support the management of a \$4.9 billion debt portfolio as of FY24, a taxable commercial paper program, and liquidity management. The Senior Financial Analyst will ensure fulfillment of compliance obligations and assist with crafting University financial policies.

The ideal candidate will have experience in higher education finance working with finance, accounting and or legal teams, and will proficiently use financial models to guide strategic decision making, be adept at managing data, and efficiently partner with multiple units across an organization to complete high priority assignments. Degrees or experience in a quantitative or finance-related field is preferred.

Responsibilities

Partners with the Director of Financial Planning and Analysis (FP&A) and Debt Capital Markets in producing various long-term forecasting models and analysis needed for the highest level of decision support for the Consolidated University. As of FY24, the Consolidated University operating revenue was \$7.5 billion and net assets were \$11.6 billion.

Engages various stakeholders throughout the University, Medical Center and Marine Biological Laboratory to analyze data and scenario plan for the downside and upside impact of initiatives and external factors like inflation, rising interest rate environment, labor force pressures, global crisis, and a federal government shutdown to name a few.

As new opportunities and challenges are presented to the University leaders, this position will be expected to be a key member of the FP&A team who conducts analyses and makes recommendations that support decisions beneficial to the University. These recommendations will often be presented to the Board of Trustees for information sharing and/or formal approvals.

Leads the development of periodic reporting for use by leadership and the Board. Reporting includes development of current-year projections of financial performance, dashboards providing detail of financial performance at the unit level, updating the University\'s long-term financial forecast, and supporting analyses for the University\'s financial plan.

Mentors and assists other analysts and Universit employees in debt management, debt compliance, financial planning, and modeling.

Assists with the development of financial policies and guidelines, in particular around the implementation and use of the chart of accounts and financial reporting for the new Oracle Enterprise Resource Planning (ERP) system.

Plays a key role in the University\'s finance team in the execution of bond transactions.

Independently oversees and conducts various logistics and deliverables for rating agencies including quarterly liquidity reports, annual questionnaires, and presentations for each debt transaction.

Ensures timely payment of debt service, swap payments, and fees, and maintains account balances.

Records accounting entries on a monthly, quarterly, and as needed basis including interest, investment earnings, moneys received, and swap fair values.

Supports the University\'s overall debt management and debt-related efforts including financial analyses of the University\'s existing debt and interest rate derivative portfolio and potential debt instruments. Maintains the debt reporting to provide ongoing decision support.

Assists with the University\'s \$600 million taxable commercial paper program, tracking of capital project expenditures and forecasts, and bond reimbursements.

Manages the University\'s debt compliance progra