Edtech.com's Summary

Virginia Tech is hiring a Business & Financial Analyst. The role involves conducting financial analysis, reporting, and reconciliations related to vendor and service contracts for Auxiliary Business Services. The analyst handles financial reconciliations, verifies payments, and assists with analysis and reporting across Business Services units. The role involves collaboration with colleagues to ensure seamless service delivery.

Highlights

Main responsibilities include financial analysis, reporting, and reconciling vendor contracts.
Requires a Bachelor's degree in Accounting, Business, Finance, Management, or related field.
Experience in professional accounting with detailed reconciliations is needed.
Must have proficiency in GAAP and MS Office Suite, specifically Excel.
Preferred experience with SCT Banner systems, MicroStrategy Finance, HokieMart, or Chrome River.
Pay Band 4; salary range is $68,000 - $73,000.
Position is exempt and not eligible for overtime.

Business & Financial Analyst Full Description

Job Description

At Auxiliary and Business Services (ABS), our mission is simple yet profound: to serve the Virginia Tech community by providing products and essential services so that others can achieve success in support of the Virginia Tech mission. Every day, the unwavering commitment of the ABS team brings this mission to life. Through our work, we ensure that students, faculty, staff, and visitors have access to the resources and support they need to thrive in their academic, professional, and personal endeavors.

The Business & Financial Analyst is responsible for the financial analysis, reporting, and reconciliations related to the vendor and service contracts for Auxiliary Business Services. Reporting to the Associate Director of Auxiliary Business and Finance and supporting the Senior Director of Financial and Business Analytics, the incumbent has primary responsibility for all financial reconciliations of commissions and verification of payments per contract terms for units under the purview of the Senior Manager of Contractual Services. The Business & Financial Analyst also assists with the financial analysis and reporting of all other Business Services units. The incumbent cross trains with colleagues on the business operations team to provide seamless services across the supported areas.

The incumbent also performs other duties as requested; takes initiative to support a healthy work environment; strives to fulfill the terms in the Standards of Business Conduct; exemplifies the Virginia Tech Principles of Community; and supports the university’s motto, Ut Prosim (That I May Serve).

Required Qualifications

Education
• Bachelor's degree in Accounting, Business, Finance, Management or related field, or training and experience equivalent to a bachelor's degree.

Experience
• Experience in a professional accounting position.
• Experience preparing detailed reconciliations and/or complex billings.

Knowledge, Skills, and Abilities
• Demonstrated working knowledge of General Accepted Accounting Principles (GAAP).
• Thorough knowledge of procurement and business principles with the ability to research, perform complex calculations, analyze accounts, and create reports.
• Excellent organizational and time management skills.
• Proficiency in MS Office Suite within Windows operating system environments, specifically Excel.
• Strong interpersonal communication and relationship building skills.

Preferred Qualifications

• Knowledge and/or experience in higher education retail market environments.
• Experience with SCT Banner systems, MicroStrategy Finance, HokieMart, Chrome River or similar systems.

Pay Band

Overtime Status

Exempt: Not eligible for overtime

Appointment Type

Regular

Salary Information

$68,000 - $73,000

Hours per week

40+

Review Date

June 2, 2025

Additional Information

The selected finalist will be required to successfully complete a criminal conviction check.

Flexible work arrangement with routine in-person meetings on Blacksburg campus.

About Virginia Tech

Dedicated to its motto, Ut Prosim (That I May Serve), Virginia Tech pushes the boundaries of knowledge by taking a hands-on, transdisciplinary approach to preparing scholars to be leaders and problem-solvers. A comprehensive land-grant institution that enhances the quality of life in Virginia and throughout the world, Virginia Tech is an inclusive community dedicated to knowledge, discovery, and creativity. The university offers more than 280 majors to a diverse enrollment of more than 36,000 undergraduate, graduate, and professional students in eight undergraduate colleges, a school of medicine, a veterinary medicine college, Graduate School, and Honors College. The university has a significant presence across Virginia, including the Innovation Campus in Northern Virginia; the Health Sciences and Technology Campus in Roanoke; sites in Newport News and Richmond; and numerous Extension offices and research centers. A leading global research institution, Virginia Tech conducts more than $500 million in research annually.

Virginia Tech endorses and encourages participation in professional development opportunities and university shared governance. These valuable contributions to university shared governance provide important representation and perspective, along with opportunities for unique and impactful professional development.

Virginia Tech does not discriminate against employees, students, or applicants on the basis of age, color, disability, sex (including pregnancy), gender, gender identity, gender expression, genetic information, ethnicity or national origin, political affiliation, race, religion, sexual orientation, or military status, or otherwise discriminate against employees or applicants who inquire about, discuss, or disclose their compensation or the compensation of other employees or applicants, or on any other basis protected by law.

If you are an individual with a disability and desire an accommodation, please contact Megan Hinkle at mahinkle@vt.edu during regular business hours at least 2 business days prior to the event.

Original Job Description