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    Financial Analyst - Chicago, United States - University of Chicago

    University of Chicago
    University of Chicago Chicago, United States

    Found in: Lensa US 4 C2 - 3 days ago

    Default job background
    Description

    Location:
    Chicago, IL


    Job Description:
    Analyzes budget estimates and proposals for completeness, accuracy, and conformance with established procedures, regulations, and organizational objectives. Understands key assumptions and issues.

    Consolidates individual budgets into operating and capital budget summaries which argue for or against funding requests. Submits budget summaries to management.


    Monitors budget variances by reviewing reports and accounting records to determine if allocated funds have been spent, and identify underlying business drivers and potential problems.

    Assists managers in analyzing the proposed plan and devising possible alternatives if the projected results are unsatisfactory.

    Maintains and tracks benchmarks and key business drivers, such as student funding sources, faculty commitments, grant funding, etc.


    Prepares and deploys status reports to key users, providing meaningful information on projects, budgets and budget variances, statistics and productivity.

    Prepares data requested by both internal customers (eg. Sr. Management, Departments, University, Medical Center) and external entities (eg. AAMC, US News and World Report, government agencies, etc.).

    Provides consulting and advisory services to all levels of customers in the organization including executive and faculty leadership.

    Answer to inquiries by providing data analysis and relevant information, assist with financial improvement action plans, and complete various financial analysis projects as needed.

    Recommends changes to systems and procedures to ensure conformance with budgetary provisions.


    Provides professional and timely support for budgetary and financial matters as a primary contact for the assigned departments, units, and account owners to exceed their expectation.


    Prepares budgets, monitors financial activities, analyzes variance and financial performance, and recommends action items to change the course of event if necessary.


    Prepares monthly reports, conducts and correct errors in accounts using existing procedures that are in place, and provides advice on the financial impact of human resources and academic affairs decisions.


    May work with other administrators on the procurement process, allocates expenditures for authorization, and advises in communications regarding funding agencies, subcontractors, and others at the instruction and direction of others.

    Performs other related work as needed.

    Preferred Qualifications

    Education:
    MBA or advanced degree in finance, public policy, not-for-profit administration, healthcare administration, or a related field.


    Experience:
    Experience in a university or academic medical center.

    Knowledge of GAAP accounting principle, restricted fund accounting, grant accounting.

    Preferred Competencies
    Knowledge of financial computing and database software applications.

    Knowledge of various financial principles, practices, and applications including budgeting, financial planning, financial analysis, and financial reporting.

    Intellectual versatility and creativity.

    Strong analytical and organizational skills, attention to detail.

    Strong educational background with focus in business, economics or related technical field. Course work in accounting and finance.

    Proficiency with Microsoft Office (Word, Excel, PowerPoint).

    Strong interpersonal, verbal, and written communication skills. Ability to establish and maintain relationships at all organizational levels.

    Flexibility and ability to work effectively and gracefully under considerable time pressure on high visibility, high stakes projects.

    Ability to work non-traditional hours when necessary.

    Application Documents
    Resume (required)

    Cover Letter (preferred)


    The University of Chicago is an Affirmative Action/Equal Opportunity/Disabled/Veterans Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national or ethnic origin, age, status as an individual with a disability, protected veteran status, genetic information, or other protected classes under the law.

    For additional information please see the University's Notice of Nondiscrimination.

    Staff Job seekers in need of a reasonable accommodation to complete the application process should call or submit a request via the Applicant Inquiry Form.

    The University of Chicago's Annual Security & Fire Safety Report (Report) provides information about University offices and programs that provide safety support, crime and fire statistics, emergency response and communications plans, and other policies and information.


    The Report can be accessed online at:
    Paper copies of the Report are available, upon request, from the University of Chicago Police Department, 850 E. 61st Street, Chicago, IL

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