Manager, Accounting and Fund Management

University of Chicago • Austin, TX

22h • Onsite

About The Position

The University of Chicago biomedical enterprise, collectively called UCM, is a leading academic medical institution at the forefront of discovery, education, and clinical care since 1927. The Biological Sciences Division (BSD) is the largest academic unit within the University, comprising faculty from ten basic science departments, 13 clinical departments, and several Centers and Institutes, with approximately 1,300 faculty and 3,000 staff members. The BSD operates under a Mission, Vision, and Values (MVV) framework focused on globally impactful solutions, elevating the human experience, committing to excellence, embracing curiosity, embodying equity, growing together, making a difference, and taking ownership. This position is a member of the BSD’s Accounting and Financial Reporting team. The role supports the oversight and management of the BSD’s accounting, financial control processes, and financial reporting, ensuring accuracy and reliability of financial information and mitigating compliance risks. Under the direction of the Senior Director, Accounting and Financial Reporting, the Manager performs critical components of the monthly closing process, including journal entry preparation, production of operating statements, and balance sheet.

Requirements

• College or university degree in related field.
• 5-7 years of work experience in a related job discipline.
• Excellent oral and written communication skills.
• Ability to communicate accounting and financial information clearly and concisely.
• Excellent analytical and problem-solving skills.
• Attention to detail.
• Ability to handle multiple detailed tasks/projects simultaneously and meet strict deadlines with frequent interruptions.
• Demonstrated ability to work effectively and diplomatically with colleagues and faculty in a multitude of communication methods, including in-person, email, virtually, etc.
• Professional demeanor, including tact, discretion, and a customer service-oriented approach.

Nice To Haves

• Bachelor’s degree in accounting or finance.
• MBA or CPA strongly preferred.
• 7 years + experience in accounting and finance strongly preferred.
• Background in Academic Medical Centers strongly preferred.

Responsibilities

• Manage the Divisional fund balances, including gifts and endowments.
• Establish controls/procedures and reporting for fund management and usage.
• Support BSD Facilities Services with financial matters.
• Review and approve Divisional accrual and fund transfer journal entries.
• Assist with thorough and accurate preparation of monthly financial report.
• Assist with thorough and accurate preparation of monthly financial statements.
• Assist with year-end close and audit.
• Oversees and maintains Oracle as Entity Financial Manager (EFM), including Profitability and Cost Management (PCM) and Enterprise Data Management (EDM).
• Managing controls and compliance within the financial systems.
• Provide financial analysis and strategic guidance to leadership and units with a collaborative approach.
• Regularly monitor financial and compliance risks and discuss these issues with leadership, making informed recommendations for resolution.
• Stay updated on changes to financial policies and procedures.
• Analyzing spending against budgets and providing detailed explanations.
• Uses in-depth knowledge and experience to perform a variety of complex operating or cost accounting activities, incorporating accounting theories and principles.
• Examines and analyzes complex accounting records for the purpose of determining gains and losses, receipt and disbursements, and inventory.
• Develops income and balance sheet statements, consolidated statements, and various other specialized accounting statements and reports.
• Guides others and acts as a resource on systems of recording costs or other financial and budgetary data.
• Performs other related work as needed.

Benefits

• The University of Chicago offers a wide range of benefits programs and resources for eligible employees, including health, retirement, and paid time off.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager
• Number of Employees: 5,001-10,000 employees