Overview:

The Gulf of Maine Research Institute (GMRI) develops and delivers collaborative solutions to global ocean challenges. We are dedicated to the resilience of the Gulf of Maine ecosystem and the communities that depend on it. To learn more, visit gmri.org.

The Senior FP&A Analyst will play a pivotal function in strategic decision-making and optimizing financial performance by analyzing financial data, developing forecasts, and offering actionable, data-driven recommendations. Working closely with cross-functional teams, the Senior FP&A Analyst will leverage analytical skills to guide budgeting, resource allocation, and long-term planning efforts.

The Senior FP&A Analysist should be detail oriented, have an in-depth understanding of accounting principles and the Uniform Guidance regulations, and a familiarity with financial systems. The Senior FP&A Analysist will interact with all departments and work closely with the Sponsored Projects Office (SPO), Development, and GMRI Program teams. The position will report to the Chief Financial Officer.

RESPONSIBILITIES

• Financial Analysis: Conduct detailed analysis on the organization’s financial data including statements of financial position, statements of activities, cash flow statements, and other relevant financial information. Interpret data to identify trends, outliers, and potential areas of concern or improvement.
• Forecasting and Budgeting: Collaborate with cross-functional teams to develop accurate multi-year financial forecasts and budgets. Monitor actual performance against forecasts, identify variances, and provide support for identifying alternative courses of action.
• Financial Modeling: Build and maintain financial models to support long-term planning, scenario analysis, and decision-making for salary (re)allocations, spend-down plans, workplan changes, and fiscal year budget creation. Model the financial impact of various strategic initiatives.
• Reporting: Prepare comprehensive financial reports and presentations for senior management, stakeholders, and external parties. Communicate financial insights, key metrics, and performance indicators in a clear and concise manner.
• Continuous improvement: Participate in process improvement initiatives to enhance the efficiency and effectiveness of financial planning and analysis processes. Implement best practices and leverage technological tools to streamline workflows and improve data accuracy.
• Cross functional collaboration: Collaborate closely across all departments to gather relevant information, align financial plans with business objectives, and drive cross-functional initiatives.