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Job · Old Westbury, NY

Financial Analyst

New York Institute of Technology · Education · $382M budget · 2,754 staff · Since 1955

Why New York Institute of Technology

Its mission and biggest programs, as filed

Educates future leaders and inspires innovation.

Before you apply

FY2024 · Form 990Independent: from IRS data, not the org
Pays its leaders
$349K–$1.5M
12 officers reported
Fine: from the org's Form 990.
Pt VII · Sec A
Budget
$369.7M
spent in FY2024
Fine: from the org's Form 990.
Pt I · Ln 18
Staff
2,754
employees
Fine: from the org's Form 990.
Pt I · Ln 5–6
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Surplus or deficit
+3%
of revenue, FY2024
Looks good: revenue was at least expenses in the latest filing.
Pt I · Ln 19
Cash reserves
9 mo
of spending, in cash and securities
Looks good: 9.1 months of spending in cash; 3 or more.
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 1959
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

Overview

New York Institute of Technology's six schools and colleges offer undergraduate, graduate, doctoral, and professional degree programs in in-demand disciplines including computer science, data science, and cybersecurity; biology, health professions, and medicine; architecture and design; engineering; IT and digital technologies; management; and energy and sustainability. A nonprofit, independent, private, and nonsectarian institute of higher education founded in 1955, it welcomes nearly 8,000 students worldwide. The university has campuses in New York City and Long Island, New York; Jonesboro, Arkansas; and Vancouver, British Columbia, as well as programs around the world.

More than 120,000 alumni are part of an engaged network of physicians, architects, scientists, engineers, business leaders, digital artists, and healthcare professionals. Together, the university’s community of doers, makers, healers, and innovators empowers graduates to change the world, solve 21st-century challenges, and reinvent the future. For more information, visit nyit.edu.

About the Role

Reporting to the Director of Budget & Planning, the Financial Analyst supports financial planning and decision-making through budgeting, forecasting, reporting, and data analysis. The role works closely with academic and administrative departments to monitor performance, control costs, and ensure compliance, while identifying opportunities to improve processes and systems. A core responsibility is managing position control (roster tracking) to align staffing plans with budgets and support informed resource decisions. The Financial Analyst also provides Workday support and training and contributes to the institution’s long-term financial sustainability.

Responsibilities

Budget Development & Management Assist in the preparation, consolidation, and monitoring of annual budgets and forecasts. Collaborate with department heads to gather financial data and ensure alignment with organizational goals. Maintenance of position control (roster) records and tasks, using judgment to escalate approval decisions Financial Analysis & Reporting Analyze budget variances and provide actionable insights to improve financial performance. Prepare monthly, quarterly, and annual financial reports for management review.

Weekly reconciliation of position budget to operating budget Analysis of headcount trends across position types and divisions Forecasting, Planning & Budget Oversight Develop financial models to support forecasting and long-term planning. Review insufficient fund notifications and collaborate with departments to post budget amendments as needed. Identify trends, risks, and opportunities to inform strategic decision-making. Cost Control & Compliance Monitor expenditures and recommend cost-saving initiatives. Ensure compliance with internal financial policies and external regulations. System & Process Improvement Support the implementation and enhancement of budgeting tools and financial…

Read the full posting

About New York Institute of Technology

From its Form 990

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