Sr. Treasury Analyst, Endowment Management

Sr. Treasury Analyst, Endowment Management

Wayne State University is searching for an experienced Sr. Treasury Analyst, Endowment Management at its Detroit campus location.

Wayne State is a premier, public, urban research university located in the heart of Detroit, Michigan where students from all backgrounds are offered a rich, high-quality education. Our deep-rooted commitment to excellence, collaboration, integrity, diversity and inclusion creates exceptional educational opportunities which prepare students for success in a global society.

Essential Functions (Job Duties)

Reporting to the Associate Director of Endowment Management, the Sr. Treasury Analyst, Endowment Management plays a key role in managing the financial operations of the University's endowment and investment activities. A key focus of the position is leading data analytics and report development across Treasury, translating complex financial information into actionable insights that inform strategic decisions and enhance operational efficiency.

The analyst is responsible for preparing journal entries, reconciling financial transactions, and developing reports and dashboards that promote transparency and support data-driven decision-making. This role involves close collaboration with departments across the University to ensure financial accuracy, regulatory compliance, and consistency in reporting. Additionally, the analyst provides operational support across Treasury functions and contributes to strategic initiatives led by University leadership.

Treasury Data Analytics & Reporting:

• Lead the design and development of dashboards, financial models, and reporting tools to support Treasury.
• Translate complex financial data into clear, actionable insights that inform strategic planning and decision-making.
• Collaborate with cross-functional teams to ensure data consistency, accuracy, and alignment with institutional goals.
• Continuously enhance reporting capabilities by integrating new technologies and best practices in data visualization and analytics.

Endowment Accounting and Compliance:

• Support the financial administration of the University's endowment and investment activities.
• Prepare, analyze, and reconcile investment transactions across the University's accounting system, bank statements, custodian records, and investment manager reports.
• Record journal entries accurately and in a timely manner to reflect endowment activity.
• Review endowment investment activity, calculate unit purchases and income distributions, update financial schedules, and prepare related accounting entries.
• Assist in preparing endowment accounting reports, including fiscal year-end financial statements and footnote disclosures.
• Ensure compliance with GAAP, University policies, and divisional objectives.
• Identify and resolve discrepancies in financial data to maintain accuracy and consistency across reporting systems.
• Support ad hoc analysis and reporting requests from Treasury, Finance, and other University stakeholders.

Gift Administration & Asset Management (Back-up):

• Contribute to financial operations for the Wayne State University Foundation, including tax reporting, annual audit and financial statement preparation.
• Assist with surveys, ad hoc investment data requests, and preparation of tax and regulatory reports to ensure compliance and support external reporting.
• Support the operations, administration and accounting of philanthropic contributions, including stock gifts, charitable gift annuities (CGAs), and life insurance policies.
• Prepare journal entries related to CGAs, life insurance transactions, and stock contributions.
• Provide Treasury-related support to campus partners, including Development and Alumni Relations and the Office of Technology Transfer, to ensure effective financial coordination and compliance.

Treasury Operations Support (Back-up):

• Perform daily cash positioning to ensure sufficient liquidity for institutional needs.
• Provide support for payment processing, financial analysis, reporting, and benchmarking.
• Support oversight of University merchant credit card accounts and help maintain compliance with Payment Card Industry (PCI) standards.

Work Context:

Job Reports to: Associate Director. Leadership Accountability: Implements operating plans. Organizational Accountability: Manages work group within a sub-unit of a department. Financial Accountability: Monitors expenditures. Customer Accountability: Interfaces with regulatory authorities. Freedom to Act: Subject to general input from supervisor.

Qualifications:

Qualifications

Education:

• Bachelor's degree.
• Bachelor's degree, or equivalent experience. Degrees in Finance, Accounting, Business Administration, & Information Systems or similar preferred.

Experience:

• Financial Management: 3+ years of progressive experience in reporting, analysis, and process improvement.
• Microsoft Excel: Proficient in spreadsheet functions.
• ERP Systems: Experience with enterprise resource planning systems. Banner system experience preferred.
• Financial Analysis: Strong analytical skills with ability to interpret complex financial data.
• Compliance: Background check clearance required for role eligibility.

Knowledge, Skills and Abilities:

• Analytical Skills: Strong quantitative and qualitative analysis skills to interpret financial data and identify trends in a fund accounting environment.
• Attention to Detail: Proven ability to maintain high levels of accuracy in data entry, documentation, and financial reporting, ensuring precision across all tasks.
• Financial Systems: Proficient in the use of complex financial management system software (Banner or comparable software) and Microsoft Office Suite products, primarily Excel for analysis, reporting, and decision-making.
• Problem-Solving Skills: Ability to identify financial issues, analyze root causes, and support decision making.
• Timeliness: Strong time management skills with a consistent track record of meeting deadlines and delivering work efficiently in fast-paced environments.
• Collaborative Culture: Demonstrated dedication to creating a respectful and welcoming workplace that values varied perspectives, promotes fairness, and supports efforts to build a collaborative and inclusive organizational culture.
• Communication Skills: Clear and effective communication skills to articulate financial concepts and strategies to stakeholders at all levels of the organization.
• Continuous Learning: Willingness to stay updated on industry trends, regulatory changes, and advancements in treasury management practices.
• Team Collaboration: Experience working collaboratively with cross-functional teams, including finance, accounting, legal, and operational departments.

Preferred Skills:

• Business Intelligence/Database Tools: Power BI, Tableau & Microsoft Access or similar.
• Excel & VBA: Advanced spreadsheet modeling and automation.

School/College/Division:

H82 - Fiscal Operations

Primary Department:

H8203 - Cash Management & Investments

Employment Type:

• Regular Employee
• Job type: Full Time
• Job category: Staff/Administrative

Funding/Salary Information:

• Compensation type: Annual Salary

Working Conditions:

Weekend and evening hours may be required based on business needs. This position has a Flexible Work Arrangement that allows for hybrid/remote work.

Job Openings:

• Number of openings: 1
• Reposted position: No

Background Check Requirements:

University policy requires certain persons who are offered employment to undergo a background check, including a criminal history check, before starting work. If you are offered employment, the university will inform you if a background check is required.