Financial Analyst

University of Chicago•Chicago, IL

10d

About The Position

Reporting to the Director of Finance, Budget and Procurement, the Financial Analyst supports the financial operations of UChicago Professional (UCPro). The role analyzes and processes financial transactions—including supplier and customer invoices, employee expense reports, internal billing, and cash receipts—using standard procedures and professional judgment to resolve straightforward discrepancies and escalate complex issues to the Director. The Financial Analyst contributes to month-end and year-end close and conducts routine analysis of payables and receivables data to identify trends and support process improvements. Working with the Director and central University offices, the analyst develops broad knowledge of UCPro's financial systems, processes, and stakeholders and helps ensure accurate, compliant financial records. The position also supports procurement and billing activities, responds to stakeholder inquiries, maintains audit-ready records, and provides financial analysis and advice as assigned.

Requirements

College or university degree in a related field.
2–5 years of work experience in a related job discipline.
Strong attention to detail and accuracy in processing financial transactions.
Excellent customer service orientation and ability to build effective relationships with internal and external stakeholders.
Strong analytical and problem-solving skills, including reconciling financial data and identifying causes of discrepancies.
Ability to multitask and prioritize work.
Effective written and verbal communication skills, including explaining financial information to non-financial audiences.
Ability to work independently and collaboratively as part of a small finance team.
Ability to handle sensitive and confidential information with discretion.

Nice To Haves

Master's degree in accounting, finance, or business administration.
Experience in accounts payable, accounts receivable, or general accounting, preferably at a university or other large, decentralized organization.
Familiarity with ERP and expense management systems such as Oracle, Concur, or similar platforms.
Experience reconciling subledgers to the general ledger and supporting month-end and year-end close.
Background in a customer service environment.
Knowledge of financial computing and database software applications.
Working knowledge of generally accepted accounting principles (GAAP) and standard invoice and payment processing procedures.
Familiarity with the University of Chicago's financial systems and structure.
Skill in spreadsheet modeling, reconciliation, and analysis using Excel.
Proficiency with Microsoft Office, including Word, Excel, and PowerPoint.

Responsibilities

Prepares reconciliations, accruals, and supporting schedules for month-end and year-end close.
Reconciles accounts payable and accounts receivable subledgers to the general ledger and prepares aging and exception reports.
Prepares financial reports, dashboards, and ad hoc analyses for the Director.
Creates purchase requests, processes invoices, and reviews employee expense reports using the University's Oracle ERP and Concur systems.
Reviews accounts payable transactions and expense reports for completeness, accuracy, and compliance with University policies and procedures, correcting identified errors.
Monitors the finance shared inbox and responds to and researches supplier and internal stakeholder inquiries about invoice status, payments, and reimbursements.
Processes billing and collection transactions for UCPro programs.
Researches outstanding receivables and payment-posting discrepancies and follows up on aged balances.
Follows University financial policies and procedures to support timely and accurate processing.
Maintains accurate, well-documented transaction and account-activity records in compliance with University audit and recordkeeping standards.
Performs special projects as assigned by the Director, Finance, Budget and Procurement.
Prepares monthly reports, conducts and corrects errors in accounts using established procedures, and advises on the financial impact of human resources and academic affairs decisions.
May work with other administrators on procurement, allocate expenditures for authorization, and advise on communications regarding funding agencies, subcontractors, and others as directed.
Performs other related work as needed.