Job · Minneapolis, MN · Full time

Financial Analyst

Educational Credit Management · Public & Societal Benefit · $265M budget · 340 staff · Since 1994

Provides financial counseling, loan guarantees, and default prevention resources to help student loan borrowers and postsecondary institutions manage educational debt.

Before you apply

FY2024 · Form 990Independent: from IRS data, not the org
Pays its leaders
$187K–$599K
8 officers reported
Fine: from the org's Form 990.
Pt VII · Sec A
Budget
$261.6M
spent in FY2024
Fine: from the org's Form 990.
Pt I · Ln 18
Staff
340
employees
Fine: from the org's Form 990.
Pt I · Ln 5–6
Spent on programs
82%
of spending
Looks good: 82% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Surplus or deficit
+1%
of revenue, FY2024
Looks good: revenue was at least expenses in the latest filing.
Pt I · Ln 19
Cash reserves
2 mo
of spending, in cash and securities
Fine: 1.9 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file
IRS status
501(c)(3)
tax-exempt since 1995
Looks good: listed by the IRS.
IRS BMF
Looks goodFineWorth a lookConcernTap a box for the reason.

About the role

The org's own posting, as written

ECMC Group is a nonprofit corporation focused on helping students succeed. Headquartered in Minneapolis, ECMC Group and its family of companies provide financial tools and services, as well as funding for innovative programs to help students achieve their academic and professional goals.

Job Summary

Responsible for supporting enterprise-wide budgeting, forecasting, financial reporting, data reconciliation, and variance analysis activities. Assists in the development and distribution of financial reports, dashboards, and management presentations that provide actionable insights to senior leadership, internal business partners, and external clients. Supports operational and strategic decision-making through financial analysis, forecast modeling, performance reporting, and identification of business trends and variances. Partners with finance and business leaders to improve financial processes, reporting accuracy, and organizational performance.

This position is classified as hybrid and requires attendance in office, Monday - Wednesday in Minneapolis, MN. Essential Duties and Responsibilities Assists in the preparation and consolidation of annual operating budgets, long-range plans, and periodic forecasts in partnership with finance and business leaders. Supports monthly financial close and reporting processes through data validation, reconciliation, and analysis. Monitors, analyzes, and explains variances between actual results, budgets, and forecasts. Creates, maintains, and distributes recurring and ad hoc financial reports, dashboards, scorecards, and management presentations.

Prepares revenue, expense, headcount, cost, and other financial forecasts and schedules to support business planning and operational decision-making. Performs financial analysis to identify trends, risks, opportunities, and key business drivers; evaluates potential business initiatives for financial and strategic feasibility. Extracts, reviews, analyzes, and interprets transactional and financial data and recommends appropriate accruals, adjustments, corrective actions, or process improvements as needed. Analyzes workflows, reporting processes, and data structures to improve efficiency, data integrity, reporting accuracy, and overall effectiveness.

Collaborates with business partners and management to communicate results, support effective business management, and deliver timely, accurate financial information. Performs other duties as assigned.

Required Qualifications Bachelor’s degree in finance or a related field; or an equivalent combination of education and experience 3+ years of experience in financial analysis, accounting, FP&A, budgeting, forecasting, reporting, or a related finance function Working knowledge of financial concepts, budgeting, forecasting, and generally accepted accounting principles (GAAP) Proficiency with Microsoft Excel, PowerPoint, Word, and other Microsoft Office applications Preferred Qualifications Exposure to FP&A, ERP, or business…

Read the full posting

About Educational Credit Management

From its Form 990

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