Accounting Associate - Chicago, United States - University of Illinois

University of Illinois

Verified Company

Chicago, United States

1 week ago

Posted by:

Mark Lane

beBee recruiter

Description

Accounting Associate - Vice Chancellor for Finance

Hiring Department:
Budget & Financial Analysis

Location:
Chicago, IL USA

Requisition ID:

Posting Close Date:
May 22, 2024

Salary Range:
$65,000 - $85,000

About the University of Illinois Chicago

UIC is among the nation's preeminent urban public research universities, a Carnegie RU/VH research institution, and the largest university in Chicago.

UIC serves over 34,000 students, comprising one of the most diverse student bodies in the nation and is designated as a Minority Serving Institution (MSI), an Asian American and Native American Pacific Islander Serving Institution (AANAPSI) and a Hispanic Serving Institution (HSI).

Through its 16 colleges, UIC produces nationally and internationally recognized multidisciplinary academic programs in concert with civic, corporate and community partners worldwide, including a full complement of health sciences colleges.

By emphasizing cutting-edge and transformational research along with a commitment to the success of all students, UIC embodies the dynamic, vibrant and engaged urban university.

Recent "Best Colleges" rankings published by U.S.

News & World Report, found UIC climbed up in its rankings among top public schools in the nation and among all national universities.

UIC has nearly 260,000 alumni, and is one of the largest employers in the city of Chicago.

This is a full-time and benefits eligible position. Hybrid and flexible work schedules are available. UIC offers competitive salaries commensurate with experience.

In addition all full time benefits eligible positions include a comprehensive benefits package which include; Health, Dental, Vision, Life, Disability & AD&D insurance, a defined benefit pension plan as well as paid leave which includes; Vacation, Holiday and Sick.

In addition we offer tuition waivers for employees and dependents. Click for a complete list of Employee Benefits.

Description:

The Office of Budget and Financial Analysis is the principal staff arm of the Chancellor and Provost in the areas of financial planning, budget and financial policy analysis, and fiscal administration.

In this capacity, the office analyzes policies and programs, assists in determining campus priorities and strategies, guides the annual budgetary process, and monitors fund allocations.

Under the direction of the Associate Director, the Accountant Associate is an integral member of the office team responsible for developing and managing the annual budget.

This position has three specific areas of job duties:

Budget Development, Resource Planning & Accounting Analysis (60%), Accounting for the Contract Programs/Shorelight Education Contract (20%), Special Projects/Financial, Administrative & Operational Support (20%), The Accounting Associate applies professional-level accounting expertise in the management and/or administration of all budgeting processes and performs professional.

Duties & Responsibilities:

Developing an understanding of the mission/unique aspects of assigned units.
Partner with the unit's fiscal staff to develop and update annual budget meeting documentation to properly demonstrate financial viability and identify weaknesses.
Evaluate proforma funding requests for strategic initiatives and program proposals to formulate recommendations to senior management regarding the commitment of campus resources.
Provides technical advice and services to units or campus leadership and/or operating managers, interpreting accounting reports, identifying problem areas, developing innovative solutions, and implementing strategies.
Draft and track memoranda of understanding for the commitment of campus funds. Validate compliance with terms and conditions; allocate funding and followup to verify that allocated funds are spent as specified in agreements.
Provides expert technical advice to management and administration on complex accounting or financial issues. Recommends actions or alternatives to be taken by management based on accounting or other financial data.
Provides administrative direction in developing comprehensive accounting or financial systems, policies, and procedures and ensures compliance with applicable rules and regulations. Manages or assists in managing the development, adaptation, and revision of specialized accounting or financial systems to meet the needs of an institution/agency.
Analyze and manipulate financial data from office and university systems to generate reports and disseminate them across campus departments on an adhoc and scheduled basis.
Handle the financial reconciliation and allocations. Reimbursement and analysis related to the UIC Global program/Shorelight Education contract in accordance with contract terms and conditions and prescribed procedures.
Address inconsistencies and errors in data, validate invoices and allocations before processing, and be a key resource for questions related to the