Analyst, Finance Service Delivery Unit, Basic Science Departments

University of Chicago•Chicago, IL

6d•Onsite

About The Position

The University of Chicago's biomedical enterprise, comprising the Biological Sciences Division (BSD), the University of Chicago Medicine (UCM), and the Pritzker School of Medicine, is a leading academic medical institution with a rich history since 1927. Located in Hyde Park, Chicago, this integrated environment fosters learning, basic science and clinical research, and outstanding clinical care. The BSD is the largest academic unit within the University, with faculty from ten basic science departments, 13 clinical departments, and several Centers and Institutes. Approximately 1,300 faculty and 3,000 staff collaborate to achieve the BSD's mission, vision, and values, which focus on pursuing globally impactful solutions, elevating human experience with knowledge and healthcare, and embodying excellence, curiosity, equity, collaboration, making a difference, and ownership. This role is part of the BSD AFA - Budget Staff 2, contributing to the financial health and strategic planning of the department. The job coordinates projects in monitoring operating and capital budgets for divisions and administrative units, assists in developing financial goals, strategies, and forecasts, and performs quarterly and year-end reporting. The position provides financial and accounting support, including Accounts Payable and Accounts Receivable, and analytical support for budget projects. Monthly financial statement reviews ensure allocated funds are spent as specified. The role may also be involved in long-range financial planning and ad hoc reporting. Under the supervision of the Manager, Finance Service Delivery, this position provides financial and accounting support to the Department. Performs Accounts Payable and Accounts Receivable tasks to ensure timely and accurate payment of invoices and billing. Provides analytical support for routine budget projects. Monthly monitors the financial statements by reviewing reports and accounting records to determine if allocated funds have been spent as specified. May be involved in long-range financial planning. Complete ad hoc reporting/analysis and miscellaneous other tasks as needed.

Requirements

Minimum requirements include a college or university degree in related field.
Minimum requirements include knowledge and skills developed through 2-5 years of work experience in a related job discipline.
Resume (required)
Cover Letter (required)
Professional reference contact information

Nice To Haves

Bachelor's degree in accounting, finance, or equivalent strongly preferred.
A minimum of three years of accounting, finance, or equivalent experience.
Experience working in a University setting strongly preferred.
Financial modeling experience strongly preferred.
Demonstrated ability to think strategically.
Ability to develop and analyze alternative solutions and assist in making recommendations.
Ability to comprehend and interpret various financial concepts and principles.
Strong analytical and organizational skills.
Financial modeling skills.
Proficiency with Microsoft Office (Word, Excel, PowerPoint).
Flexibility and ability to work effectively and gracefully under considerable time pressure with competing deadlines and priorities in a fast-paced environment.
Strong analytical skills.
Strong practical knowledge of financial analysis methodologies.
Strong interpersonal, verbal, and written communication skills with the ability to establish and maintain relationships at all organizational levels.
Intellectual versatility and creativity.
Ability to work in a collaborative team environment.
Ability to work non-traditional hours when necessary.
Ability to independently complete projects on time and accurately with minimal supervision.

Responsibilities

Provide reporting/analysis for the Service Delivery Unit (SDU), including report generation, analysis, projections, and verification of accuracy of financial information.
Initiates and tracks on external billing agreements and prepares associated monthly/quarterly invoicing.
Assists Director/Manager in reporting deliverables and department functions; maintains key performance indicator reports/dashboards in research.
Participates in and contributes to the creation of the annual operating budget, with an understanding of key assumptions such as base allocation and low salary recovery methodology.
Performs Accounts Payable and Accounts Receivable tasks to ensure timely and accurate payment of invoices and billing.
Assists Director/Manager in preparing gift check deposit journal entry, IADF awards fund update and reconciliation between GL and IADF awards. And ensuring compliance in depositing funds to the correct COA/POETAF segment.
Serves as a resource to departmental stakeholders for questions regarding faculty fund management and departmental fund usage and financial management.
Responsible for annual benchmark survey completion.
Provides assistance to departments and SDUs in chart of account utilization.
Leverages Excel and other available tools to streamline and automate reports.
Analyzes and prepares budgets, creates accounts, and works with the financial accounting system to allocate, authorize, monitor, and control expenses.
Prepares monthly reports, conducts and corrects errors in accounts using existing procedures that are in place, and provides advice on the financial impact of human resources and academic affairs decisions.
Performs other related work as needed.