Manager, Accounting and Reporting

University of Chicago • Chicago, IL

1d • Onsite

About The Position

The University of Chicago biomedical enterprise, collectively called UCM, is one of the nation's leading academic medical institutions, at the forefront of discovery, education, and clinical care since 1927. Located in Hyde Park, Chicago, its main campus provides an environment for learning, world-renowned basic science and clinical research, and outstanding clinical care. 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. The BSD's Mission, Vision, and Values (MVV) guide its strategic plan, focusing on globally impactful solutions, elevating the human experience with knowledge and health care, committing to excellence, embracing curiosity, embodying equity, growing together, making a difference, and taking ownership. This position is part of the BSD’s Accounting and Financial Reporting team of financial professionals. The job involves developing and maintaining accounting policies and controls, creating financial reports, and safeguarding assets. It independently manages the general ledger and creates financial statements, regulatory reports, and management reports, supporting the oversight and management of the BSD’s accounting, financial control processes, and financial reporting to ensure accuracy, reliability of financial information, and mitigation of compliance issues.

Requirements

• Minimum requirements include a college or university degree in related field.
• Knowledge and skills developed through 5-7 years of work experience in a related job discipline.

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.
• 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.

Responsibilities

• Under the direction of the Senior Director, Accounting and Financial Reporting, performs a variety of operating and internal control activities at an intermediate level which require the use of accounting and internal control theories and principles.
• Manages various processes to ensure timely completion of activities and adherence to BSD standards.
• Perform critical components of monthly closing processes, including production of operating statements.
• Manage the divisional intercompany and intracompany transactions and reconciliations.
• Establish procedures and controls for intercompany and internal billing.
• Review and approve divisional monthly journal entries.
• Review and process clinical revenue 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) for BSD, including Profitability and Cost Management (PCM) and Enterprise Data Management (EDM).
• Assist with management of fund balances in Oracle, including recharge and cost share funds.
• Supervise junior accounting position; motivate and mentor professional staff, establishing performance goals and fostering ongoing growth and development.
• 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.
• 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.
• Guides others and acts as a resource on systems of recording costs or other financial and budgetary data.
• Perform 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