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    Senior Financial Analyst - Iowa City, United States - The University Of Iowa

    The University Of Iowa
    The University Of Iowa Iowa City, United States

    2 weeks ago

    Default job background
    Description

    The Senior Financial Analyst provides leadership to the Department of Physical Therapy and Rehabilitation Science overseeing program and grant budgets as well as maintaining and analyzing data to assist in the evaluation of program effectiveness and impact. This individual will oversee all accounting services, financial management, and reporting. They will provide accurate financial information in a cost-effective, efficient, and timely manner and assure responsible stewardship of the University's financial resources by establishing policies and procedures in compliance with internal and external regulations.

    Position Responsibilities

    Financial Oversight and Budgeting

    • Develop, prepare, and supervise budget for department with expertise in all software systems used for monthly and annual budget reports.
    • Manages budget preparation, calculation of projected costs and expenses, etc., for DEO.
    • Develops drafts of executive summaries based on financial analysis at the end of each fiscal year.
    • Develop, prepare, and supervise budgets for grants, contracts, subawards, and renewals following policies and regulations of the university and funding source. Monthly reports are provided to PI's.
    • Complete grant closeouts in conjunction with the University Grant Accounting Office and sponsors.
    • Oversee and approve purchasing via research laboratories ensuring requirements are met.
    • Serve as financial officer for specific assignments at the request of the DEO.
    • Independently and proactively forecast and manage accounts; provide independent post-award financial management of grants and contracts, including ongoing review of actual and projected expenditures.
    • Provides salary setting data to DEO.
    Financial Reporting
    • Manages grant budgets, reviews for compliance, and provides monthly reports to PI's.
    • Ensure compliance with contract/grant terms in accordance with university policies and state and federal regulations.
    • Lead role in month-end and year-end accounting and reporting, including report development.
    • Prepare and maintain appropriate periodic and special program operations reports and surveys.
    • Prepares financial data to report to program accrediting agency.
    • Calculate the rate of returns for increase in tuition revenue based on in state and out of state admissions. Develop forecasts and annual targets during admissions.
    • Performs routine curriculum cost analysis to examine where efficient savings in revenues can take place.
    • Prepare and maintain appropriate periodic and special program operations reports and surveys.
    • Collect, maintain, and analyze data on financial transactions and personnel data; assist in evaluation of program effectiveness and impact.
    • Analyze and develop reports compiled from data pertaining to clinical education, current students, and graduates as obtained via various surveys/data.
    Operational/Administrative Support
    • Direct faculty and research staff regarding grant regulations or budgets to ensure compliance and desirable outcomes.
    • Responsible for meeting deadlines associated with departmental budgets.
    • Responsible for meeting deadlines for grant funding including submissions, post-award administration, and closeouts.
    • Process requests for subawards on grants, prepare required documents, and monitor subaward invoices.
    • Prepare space survey related to funding sources.
    • Assist with departmental tasks and projects as needed.
    • Compliance with Policies, Regulations and Laws and Operational Oversight
    • Ensure compliance with contract/grant terms in accordance with University policies and state and federal regulations.
    Transaction Processing
    • Recommend and process expenses and change of status personnel appointments to ensure grants stay within budget and comply with federal and university grant regulations.
    • May adjust journal entries resulting from audit adjustments
    Percent of Time: 100%

    Salary: 4B -

    Education Required:
    • A bachelor's degree in Finance, Accounting, Business, or an appropriate discipline, or an equivalent combination of education and experience is required.
    Required Qualifications:
    • 3 years related experience
    • Excellent written and verbal communication skills
    • Accuracy and attention to detail
    • Extensive proficiency in Microsoft computer programs, particularly Excel
    • Must be proficient in statistical and financial analysis
    • Strong organizational skills, ability to manage multiple projects, and adherence to deadlines
    Desired Qualifications:
    • Working knowledge of university policies, procedures, and regulations
    • Experience with grant preparation and budget management
    • Accounting, auditing, and/or financial analysis experience
    • Experience with University of Iowa accounting/financial systems
    Hybrid within Iowa: This position is eligible for a combination of on-campus and remote work. Remote work must be performed within Iowa and will require a work arrangement form to be completed upon the start of your employment. Per policy, work arrangements will be reviewed annually, and must comply with the remote work program and related policies and employee travel policy when working at a remote location

    Application Process: In order to be considered, applicants must upload a resume and cover letter which clearly address how they meet the listed required and desired qualifications of this position. Be sure to mark the documents as "Relevant File" to the submission when completing the application. Job openings are posted for a minimum of 14 calendar days.

    Successful candidates will be required to self-disclose any conviction history and will be subject to a criminal background check and credential/education verification. Up to 5 professional references will be requested at a later step in the recruitment process.

    This position is not eligible for University sponsorship for employment authorization.

    For additional questions contact Anne Beyerink, anne-
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