Analyst, Financial Planning & Analysis

Ever eat an Impossible Burger, cooked plant-based chicken, or recycle a plastic water bottle? There is not a facet of modern life that chemical engineers have not touched.

Chemical engineers have been part of almost every major development from plastics and fibers to unleaded gasoline to solar power and medicines. If it’s modern, chemical engineers helped make it happen.

AIChE, founded in 1908, is a professional society of more than 60,000 chemical engineers in 110 countries. Its members work in corporations, universities, and government, using their knowledge of chemical processes to develop safe and useful products for the benefit of society. AIChE fosters and disseminates chemical engineering knowledge, assists the professional and personal growth of its members, and applies the expertise of its members to address societal needs and improve the quality of life. Through its varied programs, AIChE continues to be a focal point for information exchange on the frontiers of chemical engineering research in such areas as advanced manufacturing, energy, sustainability, biological and environmental engineering, nanotechnology, and chemical plant safety and security.

Position Summary

Under the direction of the Director, Financial Planning and Analysis, the Analyst will focus on analyzing and communicating AIChE’s overall financial performance as well as the results of its business units. You will work closely with teams across the organization on financial plans and ad hoc analysis and will maintain a strong understanding of AIChE’s business processes, strategies, and market dynamics.  This is an opportunity for an innovative professional to re-evaluate our existing reporting and budgeting processes to enhance, streamline and further automate them.

Responsibilities

• Review and distribution of monthly financial results
• Maintenance and reconciliation of timekeeping system as well as distribution of quarterly reports
• Support the annual budget process by implementing budgetary controls, identify variances and troubleshoot discrepancies.
• Quarterly dashboard reporting for leadership and the Board of Directors
• Presentation materials for the Board of Directors (BOD) as well as the Executive and Finance Committees of the BOD, as required
• Consolidating large data sets from multiple systems and creating financial models
• Identifying relevant trends in financial results across AIChE
• Developing high-quality analysis in collaboration with senior leadership and their staff
• Performing interdepartmental cost allocations
• Maintenance of the budget system and the G/L report writing module
• Year-end reports for internal purposes and for the external auditor

Support Federal Grant Activities:

• Review the general ledger accounts for Federal grant funded programs on a monthly basis for reasonableness and perform analytical reviews
• On a monthly basis, coordinate, monitor and consolidate the personnel and non-personnel cost-sharing activities for Federal grants.
• Preparation, coordination and input of AIChE budget for Federal grant funded programs.
• Reconcile timesheets from the timekeeping system to personnel account in GL.

Skills

• Outstanding attention to detail and the ability to manage multiple projects with tight deadlines
• Strong problem solving skills.  Develops innovative solutions.
• Ability to work independently and as a team player
• Inquisitive with a keen interest in understanding the business and the levers that drive it
• Comfortable challenging the status quo

Competencies

• Communication (verbal and written)
• Effective teamwork skills, fostering collaboration
• Analytical Thinking
• Planning and Monitoring
• Accountability
• Software Proficiencies

1. MS Office - Intermediate PowerPoint and Advanced Excel (Pivot Tables, VLookup)
2. Power BI/Tableau or similar a plus

• ERP Experience beneficial

Education and Experience Requirements

• Bachelor’s degree in Accounting or Finance; MBA or CPA a plus
• Minimum 2-4 years of accounting or finance experience with budget and forecasting exposure
• Experience working with large data sets
• Financial systems design, training and/or implementation experience valuable
• Experience working with federal awards a plus, including tracking and monitoring expenses, drawdown of federal grants and cost share, is very beneficial.

Location

This position is located at our New York City Global Office, with a hybrid work from home option. Candidate must reside within commuting distance of New York City.

Salary Range: $80,000 - $100,000 per year

We offer a variety of benefits to our employees including:

• Bonus opportunity
• Medical, Dental and Vision Insurance
• Flexible Spending Account
• 403b Retirement Plan with Company Match: AIChE 100% of the first 3% of your eligible pay you contribute to the plan
• Paid Vacation and Sick Days
• Holiday pay
• Educational Assistance
• Company Paid Life Insurance
• Company Paid Short Term and Long Term Disability Insurance
• Various Employee Perks and Discounts

The American Institute of Chemical Engineers is an Equal Opportunity Employer.