Sr. Analyst - Financial Reporting (Back Office)

Description & Requirements

Maximus is seeking a Sr Analyst in Financial Reporting to join our team.

This position is responsible for accounting for the Department of Education's student loan assets, serviced by Aidvantage, ensuring adherence to the Federal Information Security Management Act (FISMA) requirements, accounting controls and procedures, and working collaboratively with other departments, Title IV Servicers and Federal Student Aid (FSA) staff.

The incumbent will be responsible for accounting for multiple portfolios.

The position requires proven accounting and technical skills, excellent communication and effective time management in a fast paced multiple deadline oriented accounting department.

The position requires a Level 5C security clearance.

This position reports to a Supervisor or a Manager.

The Sr.

Analyst reviews the daily reporting data that is loaded into the Federal Accounting and Reporting System (FARS), analyzes the data and ensures accuracy of the transactions sent to Department of Education's Financial Management System (FMS) for posting to their general ledger.

Once the monthly accounting cycle is complete, the Sr.

Analyst must prepare reconciliations and research and resolve any unreconciled items.

The main challenge of this position is to be able to effectively account for multiple portfolios under tight deadlines.

Attention to detail and time management are essential to the success of this position.

Another challenge is the identification of variances and their timely resolution.

The analyst must take initiative in determining a plan to resolve variances, so those reconciling items are current and thoroughly documented.

The analyst must work closely with contacts to build an effective relationship to achieve common goals.

Analytical skills are required in an effort to understand and explain changes in income and other servicing practices.

At this level, the Sr.

Analyst is expected to achieve routine daily and monthly accounting assignments with little assistance and formulate a plan of action for non-routine accounting issues.

The Sr.

Analyst will be assigned more challenging portfolios and projects.

The position requires solid knowledge and experience in accounting, effective communication skills and strong organizational and multitasking skills.

Furthermore, the analyst must be proficient in Microsoft Office products.

Essential Duties and Responsibilities:
- Assist in implementing new program requirements and collaborate with the Director on upcoming initiatives.
- Identify control gaps, evaluate underlying business processes by collaborating with other business areas and coordinate resolution.

Initiative and time management are essential to the
success of this position.
- Determine the source of the issue and the resulting appropriate action to resolve variances so reconciling items are thoroughly documented.

- Work closely with IT and Servicing to build effective relationships and achieve common goals.

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