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Located in the heart of Philadelphia, Drexel University is a comprehensive, global, R1-level research institution with a unique model of experiential learning that combines academic rigor with one of the nation's premier cooperative education programs. Drexel was founded in 1891 to provide educational opportunities for people of all backgrounds. Today, we continue to prepare graduates of diverse backgrounds to become purpose-driven professionals and agents for positive change. Learn more about Drexel and our shared values.

Drexel offers its highly engaged faculty and professional staff a comprehensive and world-class benefits package that includes generous vacation and paid time off as applicable (including civic engagement days), up to an 11% 403(b) Retirement Plan match with immediate vesting, and remote and flexible work options for many roles. Our exceptional medical plans include domestic partner and fertility assistance and our award-winning A Healthier U wellness program. In addition, faculty and professional staff at Drexel enjoy free tuition for themselves and their dependents for Drexel degree programs, certification, and non-certification programs. Drexel also participates in a tuition exchange program for dependents with other higher education institutions. For more information on our extensive benefit offerings, please review Drexel's Benefits Brochure.

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Senior Financial Analyst

Apply now Job no: 505929
Work type: Full-Time
Location: University City - Philadelphia, PA
Categories: Finance and Administration, Drexel University

Job Summary

The Senior Financial Analyst is responsible for daily cash operations for Drexel University and its affiliate, The Academy of Natural Sciences (ANS). Core responsibilities include preparing the daily cash position, classifying cash transactions for comparison to budget, initiating money transfers and credit card refunds, and resolving any related issues in a timely manner.

This position serves as the University’s primary point of contact for all cash-related matters, providing ongoing support and assistance to Accounting, Institutional Advancement, the Bursar’s Office, Clinical Departments, Finance, and other units. The Senior Treasury Analyst will also manage the addition, deletion, and training of users on Drexel’s various banking systems.

The Senior Financial Analyst works closely with the Associate Treasurer to identify and implement process improvements that enhance operational efficiency, strengthen internal controls, and align cash management practices with the University’s financial strategies.

The Treasury Department plays a vital role in supporting Drexel’s financial stability, liquidity management, and long-term planning. Through disciplined cash management, effective banking relationships, and strategic coordination with departments across the University, the Treasury team ensures that Drexel’s financial resources are safeguarded, accessible, and optimally deployed in support of the institution’s mission and goals.

We are committed to accountability, accuracy, and collaboration, maintaining the highest standards of integrity, transparency, and professionalism while delivering exceptional service to our campus partners.

Essential Functions

  • Daily Cash Management & Reporting
    • Prepare the Daily Cash Position Report for University senior management.
    • Monitor daily cash flow and bank operations for Drexel University and ANS.
    • Prepare and maintain multiple control summaries for daily cash activities and payment schedules for bank lines of credit, mortgage loans, bonds, and wire payments. o Prepare monthly cash reports and reconciliations.
  • Banking Transactions & Administration
    • Initiate wire, book, and ACH transfers for ANS and Drexel.
    • Coordinate bank account setup, closures, and transfers.
    • Complete credit card refund requests using Touchnet. 
  • Banking Systems & User Management
    • Add and train new users to the University’s Banking Information System.
    • Maintain proper access controls and documentation for all banking users. 
  • Departmental Support & Collaboration
    • Serve as the University’s primary point of contact for all cash-related issues.
    • Provide support and assistance to Accounting, Institutional Advancement, Bursar, Clinical Departments, Finance, and other units regarding cash accountability and reconciliation.
    • Provide accountability and reconciliation support for the annual audit.
  • Projects & Process Improvement
    • Assist the Associate Treasurer in researching, developing, initiating, and executing treasury-related projects.
    • Identify opportunities for operational efficiency and process improvement within Treasury functions. 

Required Qualifications

  • Minimum of a Bachelor's Degree in Business, Finance, Accounting, or a related field, or the equivalent combination of education and work experience. (Please review the Equivalency Chart for additional information.)
  • Minimum of one to three years of treasury, cash management, or banking experience.
  • Each member of the Treasury Department is expected to demonstrate high emotional intelligence, integrity, professional respect and empathy for colleagues and customers, strong communication skills, exceptional customer service, and a sense of dedication to Drexel University’s mission.
  • Technical Skills: 
    • Proficiency with Microsoft Excel and familiarity with financial and banking systems.
    • Strong organizational and time-management skills.
    • Excellent attention to detail and accuracy.
    • Ability to work independently and collaboratively within a team environment.
    • Strong analytical, problem-solving, and communication skills.
    • Demonstrated initiative and willingness to take on increased responsibility over time.

Preferred Qualifications

  • Experience in higher education or the nonprofit sector is desirable but not required.

Physical Demands

  • Typically sitting at a desk/table
  • Lifting demands ≤ 25lbs

Location

  • University City - Philadelphia, PA

Additional Information
This position is classified as Exempt, grade L. Compensation for this grade ranges from $62,630.00 to $ 93,950.00 per year. Please note that the offered rate for this position typically aligns with the minimum to midrange of this grade, but it can vary based on the successful candidate’s qualifications and experience, department budget, and an internal equity review.

Applicants are encouraged to explore the Professional Staff salary structure and Compensation Guidelines & Policies for more details on Drexel’s compensation framework. For information about benefits, please review Drexel’s Benefits Brochure.

Special Instructions to the Applicant
Please make sure you upload your CV/resume and cover letter when submitting your application.

A review of applicants will begin once a suitable candidate pool is identified.

Advertised: Eastern Daylight Time
Applications close: Eastern Standard Time

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Drexel University is an Equal Opportunity/Affirmative Action employer that welcomes individuals from diverse and neurodiverse backgrounds and perspectives, and believes that an inclusive and respectful environment enriches the University community and the educational and employment experience of its members. The University prohibits discrimination against individuals on the basis of race, color, national origin, religion, sex, sexual orientation, disability, age, status as a veteran or special disabled veteran, gender identity or expression, genetic information, pregnancy, childbirth or related medical conditions and any other prohibited characteristic. Please visit our Policies page to view all University policies related to Human Resources and News and Announcements for workplace postings.

Background investigations are required for all new hires as a condition of employment, after the job offer is made.

Drexel University, in compliance with the Jeanne Clery Disclosure of Campus Security Policy and Campus Crime Statistics Act (Clery Act) publishes the Drexel University Security & Fire Safety Annual Report for current and prospective students and employees. This report contains important safety information and crime statistics for the previous three years. These statistics pertain to reported crimes that have occurred on campus, in certain non-campus buildings or properties that are owned or controlled by Drexel University, and on public property within, or immediately adjacent to and accessible from the campus.

Printed copies of this report are also available by calling the Public Safety Administrative Office, 215.895.1550.

Additional information about the services provided by the Drexel University Department of Public Safety can be obtained by visiting their website.

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