Financial Analyst III (Remote) - Neurology

Overview

This role is responsible for the financial operations of assigned departments, including financial reporting and analysis, budgeting and forecasting, compliance with university and federal/international requirements and policies, transaction approval and oversight, and internal controls. The position also serves as a liaison and resource for department directors and managers regarding budgetary and financial issues.

Scheduled Hours: 40

Responsibilities

Reporting and Analysis

• Prepare financial reporting packages for area directors and department managers, analyzing and highlighting significant budget and year-over-year variances.
• Serve as primary contact for area directors and department managers by providing requested information, resolving issues, and offering guidance on the financial impact of new initiatives.
• Hold quarterly meetings with area directors and department managers to discuss issues/initiatives with budgetary impacts.
• Work with area personnel to prioritize expenditures and identify opportunities for savings to meet unanticipated needs without exceeding annual budgets.
• Coordinate with Accounting Services’ school accountant on quarterly Core report variance explanations (year-to-year actuals and budget-to-actuals) per the Core report schedule.
• Determine departmental reporting needs and create customized user reports tailored to operational requirements; stay current on new applications to ensure effective and efficient delivery of information.
• Analyze income and expenses, investigate discrepancies, assemble data, and prepare projections and reports to support planning and decision-making.
• Process journal entries and budget adjustments for restricted and unrestricted accounts as needed.
• Incorporate data and ideas into formal and/or informal reports and provide recommendations for issue resolution.

Budgeting and Forecasting

• Support area directors and department managers in developing annual departmental budgets.
• Ensure departmental budgets adhere to the School’s parameters and recommendations for the school-wide annual budget; resolve discrepancies or deviations from established recommendations.
• Prepare the budget reporting package for submission to leadership, providing summarized and detailed reports on historical, current, and projected activity, including footnoted significant variances.
• Manage entry and balancing of departmental budgets in the School’s budget workbook.
• Manage submission and balancing of departmental budgets into the University’s Reporting and Planning System.
• Ensure the current budget in the Administrative Information System is updated after departmental budgets are approved by the Dean.

Financial Operations (25%)

• Provide day-to-day oversight of financial transactions for assigned departments.
• Research discrepancies and deviations from university or school policies; communicate findings with key department personnel.
• Approve unrestricted and restricted non-payroll financial transactions for assigned departments.
• Provide training to department personnel on university and school systems, policies, and procedures.
• Perform document processing functions as needed.

Other Responsibilities (may include some or all of the following)

• Manage restricted funds: maintain records, reporting, and budgeting for restricted funds including gifts, endowments, scholarships, grants, and contracts.
• Perform revenue and other account reconciliations.
• Salary budgeting, reporting, and analysis.
• Compile 1098T information.
• Tuition analysis and forecasting.
• Collaborate with University Central Finance Operations, including (but not limited to) School Accounting, Financial Aid, Alumni and Development, Gift Accounting, Payroll and Human Resources, Tax, and Accounts Payable.

Working Conditions

• Location/Work environment: Remote, US
• Normal office environment
• Physical effort: Typically sitting at a desk or table
• Equipment: Office equipment

Required Qualifications

• Education: Bachelor’s degree - Accounting
• Work experience: Professional Accounting (3 Years)
• Certifications/Professional Licenses: No specific certification/professional license required
• Driver’s license: A driver’s license is not required

Preferred Qualifications

• Education: M.B.A. - Master of Business Administration
• Work experience: Relevant Experience (5 Years)
• Certifications/Professional Licenses:
  • Certified Public Accountant (CPA) - American Institute of Certified Public Accountants
  • Certified Public Accountant (CPA) - Illinois Department of Financial and Professional Regulation
  • Certified Public Accountant (CPA) - Missouri Division of Professional Registration
• Skills: Accounting; Analytical Thinking; Communication; Confidentiality; Critical Thinking; Customer Service; Deadline Management; Exercises Judgment; Financial Budgeting; Financial Reporting Systems; Fund Accounting; Group Presentations; Group Problem Solving; Interpersonal Communication; Organizing; Personal Initiative; Prioritization; Project Administration; Self Motivation; Working Independently; Work Relationships

Compensation & Benefits

Salary Range

• $53,100.00 - $90,600.00 / Annually
• This range reflects base salaries paid for positions in a given job grade across the university. Individual rates are determined by factors including qualifications and performance, equity with others in the department, market rates for positions within the same grade, and department budget.

Benefits

• Personal:
  • Up to 22 days of vacation, 10 recognized holidays, and sick time
  • Competitive health insurance packages with priority appointments and lower copays/coinsurance
  • Free Metro transit U-Pass for eligible employees
  • Defined contribution (403(b)) Retirement Savings Plan with employee and university contributions starting at 7%
• Wellness:
  • Wellness challenges, annual health screenings, mental health resources, mindfulness programs and courses, employee assistance program (EAP), financial resources, and access to dietitians
• Family:
  • 4 weeks of caregiver leave to bond with a new child
  • Family care resources for continued childcare needs
  • Adult care support
  • Tuition coverage for you and your family: dependent undergraduate-level college tuition up to 100% at the university and 40% elsewhere after seven years with the organization

EEO Statement

The organization is committed to the principles and practices of equal employment opportunity and provides equal opportunity and access without regard to race, ethnicity or shared ancestry, color, national origin, citizenship (where prohibited by federal law), age, religion, sex, sexual orientation, gender identity or expression, disability, protected veteran status, or genetic information. As a federal contractor, it maintains affirmative action programs in accordance with Section 503 of the Rehabilitation Act of 1973, as amended, and the Vietnam Era Veterans’ Readjustment Assistance Act of 1974 (VEVRAA), as amended.

Pre-Employment Screening

External candidates receiving an offer for employment will be required to submit to pre-employment screening, including a criminal background check and other background checks as applicable; drug screen; employment and education or licensure/certification verification; physical examination; certain vaccinations and/or governmental registry checks. Offers are contingent upon successful completion of required screening.