Drexel University
Senior Financial Analyst
🇺🇸 Philadelphia, PA
🕑 Full-Time
💰 $63K - $94K
💻 Finance
🗓️ October 25th, 2025
Edtech.com's Summary
- Manage daily cash position and monitor cash flow for Drexel University and The Academy of Natural Sciences.
- Initiate money transfers, credit card refunds, and coordinate banking transactions including wire, ACH, and book transfers.
- Serve as primary contact for all cash-related matters and provide support to Accounting, Institutional Advancement, Bursar, Clinical Departments, and Finance.
- Administer banking systems user management including adding, training, and maintaining access controls.
- Assist Associate Treasurer with treasury projects and identify opportunities for process improvements.
- Required experience includes 1-3 years in treasury, cash management, or banking with proficiency in Microsoft Excel and financial/banking systems.
- Hold a Bachelor's degree in Business, Finance, Accounting, or equivalent combination of education and experience.
- Demonstrate strong analytical, problem-solving, communication, organizational, and time-management skills.
- Compensation ranges from $62,630 to $93,950 annually, typically aligned with the minimum to midrange based on qualifications and experience.
- Experience in higher education or nonprofit sector is preferred but not mandatory.
Senior Financial Analyst Full Description
Job Summary
The Senior Financial Analyst is responsible for daily cash operations for Drexel University and its affiliate, The Academy of Natural Sciences (ANS). Core responsibilities include preparing the daily cash position, classifying cash transactions for comparison to budget, initiating money transfers and credit card refunds, and resolving any related issues in a timely manner.
This position serves as the Universityâs primary point of contact for all cash-related matters, providing ongoing support and assistance to Accounting, Institutional Advancement, the Bursarâs Office, Clinical Departments, Finance, and other units. The Senior Treasury Analyst will also manage the addition, deletion, and training of users on Drexelâs various banking systems.
The Senior Financial Analyst works closely with the Associate Treasurer to identify and implement process improvements that enhance operational efficiency, strengthen internal controls, and align cash management practices with the Universityâs financial strategies.
The Treasury Department plays a vital role in supporting Drexelâs financial stability, liquidity management, and long-term planning. Through disciplined cash management, effective banking relationships, and strategic coordination with departments across the University, the Treasury team ensures that Drexelâs financial resources are safeguarded, accessible, and optimally deployed in support of the institutionâs mission and goals.
We are committed to accountability, accuracy, and collaboration, maintaining the highest standards of integrity, transparency, and professionalism while delivering exceptional service to our campus partners.
Essential Functions
- Daily Cash Management & Reporting
- Prepare the Daily Cash Position Report for University senior management.
- Monitor daily cash flow and bank operations for Drexel University and ANS.
- Prepare and maintain multiple control summaries for daily cash activities and payment schedules for bank lines of credit, mortgage loans, bonds, and wire payments. o Prepare monthly cash reports and reconciliations.
- Banking Transactions & Administration
- Initiate wire, book, and ACH transfers for ANS and Drexel.
- Coordinate bank account setup, closures, and transfers.
- Complete credit card refund requests using Touchnet.Â
- Banking Systems & User Management
- Add and train new users to the Universityâs Banking Information System.
- Maintain proper access controls and documentation for all banking users.Â
- Departmental Support & Collaboration
- Serve as the Universityâs primary point of contact for all cash-related issues.
- Provide support and assistance to Accounting, Institutional Advancement, Bursar, Clinical Departments, Finance, and other units regarding cash accountability and reconciliation.
- Provide accountability and reconciliation support for the annual audit.
- Projects & Process Improvement
- Assist the Associate Treasurer in researching, developing, initiating, and executing treasury-related projects.
- Identify opportunities for operational efficiency and process improvement within Treasury functions.Â
Required Qualifications
- Minimum of a Bachelor's Degree in Business, Finance, Accounting, or a related field, or the equivalent combination of education and work experience. (Please review the Equivalency Chart for additional information.)
- Minimum of one to three years of treasury, cash management, or banking experience.
- Each member of the Treasury Department is expected to demonstrate high emotional intelligence, integrity, professional respect and empathy for colleagues and customers, strong communication skills, exceptional customer service, and a sense of dedication to Drexel Universityâs mission.
- Technical Skills:Â
- Proficiency with Microsoft Excel and familiarity with financial and banking systems.
- Strong organizational and time-management skills.
- Excellent attention to detail and accuracy.
- Ability to work independently and collaboratively within a team environment.
- Strong analytical, problem-solving, and communication skills.
- Demonstrated initiative and willingness to take on increased responsibility over time.
Preferred Qualifications
- Experience in higher education or the nonprofit sector is desirable but not required.
Physical Demands
- Typically sitting at a desk/table
- Lifting demands ⤠25lbs
Location
- University City - Philadelphia, PA
Additional Information
This position is classified as Exempt, grade L. Compensation for this grade ranges from $62,630.00 to $ 93,950.00 per year. Please note that the offered rate for this position typically aligns with the minimum to midrange of this grade, but it can vary based on the successful candidateâs qualifications and experience, department budget, and an internal equity review.
Applicants are encouraged to explore the Professional Staff salary structure and Compensation Guidelines & Policies for more details on Drexelâs compensation framework. For information about benefits, please review Drexelâs Benefits Brochure.
Special Instructions to the Applicant
Please make sure you upload your CV/resume and cover letter when submitting your application.
A review of applicants will begin once a suitable candidate pool is identified.
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