What are the responsibilities and job description for the Manager, Accounting and Reporting position at Biological Sciences Division at the University of Chicago?
Department
BSD AFA - Accounting and Financial Analysis
About The Department
The University of Chicago biomedical enterprise houses three entities: the Biological Sciences Division (BSD), the University of Chicago Medicine (UCM), and the Pritzker School of Medicine. Collectively called UCM, we are one of the nation's leading academic medical institutions and have been at the forefront of discovery, education, and clinical care since 1927. Located 20 minutes south of downtown Chicago, our Hyde Park main campus provides a single environment for learning, world-renowned basic science and clinical research, and outstanding clinical care.
The BSD Is The Largest Academic Unit Within The University. The BSD Is Comprised Of Faculty From Ten Basic Science Departments, 13 Clinical Departments, And Several Centers And Institutes. The Approximately 1,300 Faculty And 3,000 Staff Members Working In The BSD Collaborate Across The Organization To Achieve Our Mission, Vision, And Values (MVV):
MISSION: As part of the University of Chicago, we pursue globally impactful solutions to seemingly unsolvable challenges. Through our rigorous research, innovative education, and comprehensive care and healing, we collaborate on life-changing advancements that create meaningful results for our community and the world, including a greater, more equitable future for all.
VISION: Together, we elevate the human experience with knowledge and health care.
Values:
Job Summary
The job develops and maintains accounting policies and controls, creates financial reports, and safeguards assets. Works independently to manage the general ledger and create financial statements, regulatory reports, and management reports.
This position is part of a member of the BSD’s Accounting and Financial Reporting team of financial professionals. The job supports the oversight and management of the BSD’s accounting, financial control processes, and financial reporting by ensuring accuracy and reliability of financial information while mitigating the risk of compliance issues.
Responsibilities
Minimum Qualifications
Minimum requirements include a college or university degree in related field.
Work Experience:
Minimum requirements include knowledge and skills developed through 5-7 years of work experience in a related job discipline.
Certifications:
Preferred Qualifications
Education:
Job Family
Financial Management
Role Impact
Individual Contributor
Scheduled Weekly Hours
40
Drug Test Required
No
Health Screen Required
No
Motor Vehicle Record Inquiry Required
No
Pay Rate Type
Salary
FLSA Status
Exempt
Pay Range
$80,000.00 - $110,000.00
The included pay rate or range represents the University’s good faith estimate of the possible compensation offer for this role at the time of posting.
Benefits Eligible
Yes
The University of Chicago offers a wide range of benefits programs and resources for eligible employees, including health, retirement, and paid time off. Information about the benefit offerings can be found in the Benefits Guidebook.
Posting Statement
The University of Chicago is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender, gender identity, or expression, national or ethnic origin, shared ancestry, age, status as an individual with a disability, military or veteran status, genetic information, or other protected classes under the law. For additional information please see the University's Notice of Nondiscrimination.
Job seekers in need of a reasonable accommodation to complete the application process should call 773-702-5800 or submit a request via Applicant Inquiry Form.
All offers of employment are contingent upon a background check that includes a review of conviction history. A conviction does not automatically preclude University employment. Rather, the University considers conviction information on a case-by-case basis and assesses the nature of the offense, the circumstances surrounding it, the proximity in time of the conviction, and its relevance to the position.
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: http://securityreport.uchicago.edu. Paper copies of the Report are available, upon request, from the University of Chicago Police Department, 850 E. 61st Street, Chicago, IL 60637.
BSD AFA - Accounting and Financial Analysis
About The Department
The University of Chicago biomedical enterprise houses three entities: the Biological Sciences Division (BSD), the University of Chicago Medicine (UCM), and the Pritzker School of Medicine. Collectively called UCM, we are one of the nation's leading academic medical institutions and have been at the forefront of discovery, education, and clinical care since 1927. Located 20 minutes south of downtown Chicago, our Hyde Park main campus provides a single environment for learning, world-renowned basic science and clinical research, and outstanding clinical care.
The BSD Is The Largest Academic Unit Within The University. The BSD Is Comprised Of Faculty From Ten Basic Science Departments, 13 Clinical Departments, And Several Centers And Institutes. The Approximately 1,300 Faculty And 3,000 Staff Members Working In The BSD Collaborate Across The Organization To Achieve Our Mission, Vision, And Values (MVV):
MISSION: As part of the University of Chicago, we pursue globally impactful solutions to seemingly unsolvable challenges. Through our rigorous research, innovative education, and comprehensive care and healing, we collaborate on life-changing advancements that create meaningful results for our community and the world, including a greater, more equitable future for all.
VISION: Together, we elevate the human experience with knowledge and health care.
Values:
- Commit to Excellence: We contribute our exceptional talents to all we do and empower the same spirit of excellence in others.
- Embrace Curiosity: We stay open to new ideas, champion diverse perspectives, and drive a culture of thoughtful risk-taking to deliver transformative innovation.
- Embody Equity: We identify systemic issues and then foster change to drive a more equitable environment inclusive of diverse people, ideas, and fields of science.
- Grow Together: We meaningfully collaborate with one another to create something bigger than we could ever achieve alone.
- Make a Difference: We lead with heart and compassion in all our interactions. We create positive change in our areas of influence, whether expanding scientific inquiry, developing the next generation of leaders, or healing our community.
- Take Ownership: We accomplish what we say we will and hold ourselves and one another accountable for our actions.
Job Summary
The job develops and maintains accounting policies and controls, creates financial reports, and safeguards assets. Works independently to manage the general ledger and create financial statements, regulatory reports, and management reports.
This position is part of a member of the BSD’s Accounting and Financial Reporting team of financial professionals. The job supports the oversight and management of the BSD’s accounting, financial control processes, and financial reporting by ensuring accuracy and reliability of financial information while mitigating the risk of compliance issues.
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.
Minimum Qualifications
Minimum requirements include a college or university degree in related field.
Work Experience:
Minimum requirements include knowledge and skills developed through 5-7 years of work experience in a related job discipline.
Certifications:
Preferred Qualifications
Education:
- 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.
- Office Environment.
- Resume (required)
- Cover Letter (preferred)
Job Family
Financial Management
Role Impact
Individual Contributor
Scheduled Weekly Hours
40
Drug Test Required
No
Health Screen Required
No
Motor Vehicle Record Inquiry Required
No
Pay Rate Type
Salary
FLSA Status
Exempt
Pay Range
$80,000.00 - $110,000.00
The included pay rate or range represents the University’s good faith estimate of the possible compensation offer for this role at the time of posting.
Benefits Eligible
Yes
The University of Chicago offers a wide range of benefits programs and resources for eligible employees, including health, retirement, and paid time off. Information about the benefit offerings can be found in the Benefits Guidebook.
Posting Statement
The University of Chicago is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender, gender identity, or expression, national or ethnic origin, shared ancestry, age, status as an individual with a disability, military or veteran status, genetic information, or other protected classes under the law. For additional information please see the University's Notice of Nondiscrimination.
Job seekers in need of a reasonable accommodation to complete the application process should call 773-702-5800 or submit a request via Applicant Inquiry Form.
All offers of employment are contingent upon a background check that includes a review of conviction history. A conviction does not automatically preclude University employment. Rather, the University considers conviction information on a case-by-case basis and assesses the nature of the offense, the circumstances surrounding it, the proximity in time of the conviction, and its relevance to the position.
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: http://securityreport.uchicago.edu. Paper copies of the Report are available, upon request, from the University of Chicago Police Department, 850 E. 61st Street, Chicago, IL 60637.
Salary : $80,000 - $110,000