JOB SUMMARY
The Senior Financial Analyst will be responsible for providing critical financial analysis, budgeting, forecasting, and reporting for the organization. This role involves working closely with senior leadership and business unit managers to support strategic decision-making, improve financial performance, and drive long-term business success. The Senior Financial Analyst will assist in developing financial models, monitoring key performance indicators (KPIs), and preparing detailed financial reports to ensure financial health and business objectives are met.
KEY RESPONSIBILITES
Financial Analysis and Reporting:
- Prepare monthly, quarterly, and annual financial reports, including variance analysis, financial performance against budget, and detailed breakdowns of key financial drivers.
- Perform detailed analysis of revenue, expenses, and profitability to identify trends, risks, and opportunities for improvement.
- Conduct ad hoc financial analysis as requested by senior leadership to support strategic initiatives and decision-making.
Budgeting and Forecasting:
- Lead the preparation of the annual budget and quarterly forecasting process, working closely with department heads to ensure accuracy and alignment with business goals.
- Monitor actual financial performance against forecasts and budgets, analyzing variances and providing insights on corrective actions.
- Develop financial models to support budgeting and forecasting processes, ensuring alignment with organizational strategies.
Business Partnership and Strategy Support:
- Collaborate with senior leadership, business unit managers, and department heads to provide financial insight and drive business performance improvements.
- Participate in strategic planning sessions and assist in financial decision-making, particularly around capital expenditures, cost management, and resource allocation.
- Support pricing decisions, investment analysis, and profitability analysis by providing data-driven recommendations.
Process Improvement and Efficiency:
- Continuously evaluate and improve financial processes and systems to enhance efficiency, reduce errors, and streamline financial reporting.
- Drive automation and adoption of best practices to improve the accuracy and timeliness of financial reports and analysis.
Compliance and Governance:
- Ensure compliance with accounting principles (GAAP), internal policies, and external regulatory requirements.
- Assist with internal and external audits by providing necessary documentation and ensuring that financial records are in compliance with auditing standards.
KPI Monitoring:
- Develop, track, and monitor key financial performance indicators (KPIs) to ensure business objectives are met.
- Provide insights and actionable recommendations based on the analysis of KPIs to improve business performance and profitability.
QUALIFICATIONS
Required
· Education:
o Bachelor's degree in Finance, Accounting, Economics, or a related field.
o MBA or professional certifications such as CFA or CPA preferred.
· Experience:
o 5+ years of experience in financial analysis, planning, and budgeting.
o Proven experience in financial modeling, forecasting, and financial statement analysis.
o Previous experience in a corporate finance environment, preferably in a large or growing organization.
COMPETENCIES
- Analytical Thinking: Ability to analyze complex financial data, interpret results, and make data-driven recommendations.
- Attention to Detail: Ensure accuracy in financial reporting and analysis, with a focus on consistency and completeness.
- Communication: Strong ability to communicate financial information clearly and effectively to both financial and non-financial stakeholders.
- Problem Solving: Adept at identifying financial issues, proposing solutions, and implementing corrective actions.
- Collaboration: Ability to work cross-functionally with other departments to achieve common business goals.
- Time Management: Strong organizational skills with the ability to prioritize tasks and manage multiple deadlines.
PHYSICAL DEMANDS AND WORK ENVIRONMENT
- Frequently required to sit, stand, and use hand and finger dexterity.
- Frequent use of visual acuity to operate equipment, read technical information, and/or use a keyboard.
- Occasionally required to lift 20-30 pounds.
- Occasional travel may be required.
EEO Statement:
Baylor Genetics is proud to be an equal opportunity employer committed to fostering an inclusive and diverse workplace. We welcome and encourage applicants from all backgrounds to apply. We do not discriminate on the basis of race, color, religion, national origin, sex, sexual orientation, gender identity, age, veteran status, disability, genetic information, pregnancy, childbirth, or any other status protected by applicable federal, state, or local law. If you need an accommodation during the application process, please contact our Human Resources team.
Note to Recruiters:
We value building direct relationships with our candidates and prefer to manage our hiring process internally. While we occasionally partner with select recruitment agencies for specialized roles, we do not accept unsolicited resumes from recruiters or agencies without a written agreement executed by the authorized signatory for Baylor Genetics ("Agreement"). Any resumes submitted to Baylor Genetics in the absence of an Agreement executed by Baylor Genetics' authorized signatory will be considered the property of Baylor Genetics, and Baylor Genetics will not be obligated to pay any associated recruitment fees.
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.
Skills Required
- Bachelor's degree in Finance, Accounting, Economics, or related field
- MBA or professional certification (CFA or CPA)
- 5+ years of experience in financial analysis, planning, and budgeting
- Proven experience in financial modeling, forecasting, and financial statement analysis
- Previous experience in a corporate finance environment
- Knowledge of GAAP and compliance with accounting principles
- Experience preparing monthly, quarterly, and annual financial reports and variance analysis
- Experience developing and monitoring KPIs and providing data-driven recommendations
What We Do
Baylor Genetics is a joint venture of H.U. Group Holdings, Inc. and Baylor College of Medicine, including the #1 NIH-funded Department of Molecular and Human Genetics. Located in Houston’s Texas Medical Center, Baylor Genetics serves clients in 50 states and 16 countries.
