What are the responsibilities and job description for the Financial Analyst - School of Molecular & Cellular Biology position at illinois?
Duties & Responsibilities
Business/Financial Operations
• Oversee and assist with the school’s internal accounting and perform reconciliation of monthly statements, assuring transactions are accurate, complete and in compliance with University policies and procedures.
• Conduct periodic reviews of open encumbrances across all fund types; collaborate with the school purchasing staff to close outdated purchase orders and maintain accuracy in projected balances.
• Investigate, correct, and document charges posted to incorrect CFOPs (“rogues”) on all fund types to ensure accurate and timely reporting.
• Review and approve expenditures in the Emburse system, evaluating transactions for complete business justification, proper CFOP usage, and adherence to policy; effectively communicate required revisions to end users. Serve as a point of contact for resolving payables issues or errors.
• Monitor the HR application for appointments charged to non-grant funds, and review and approve based on appropriateness and availability of funds.
• Assist the Associate Director for Business and Administration with service rate calculations. Gather historical expense and user data and other information requested to complete the rate calculation and review.
• Gain and maintain basic proposal-preparation skills to provide backup support to the MCB grants team during peak submission periods.
• Collect, analyze, and compile financial data to prepare ad hoc reports for the Associate Director and School leadership.
• Assist with reconciliation, auditing, and maintenance of payroll transactions.
• Develop, run, and maintain a repository of recurring financial and operational reports for use by the School Business Office and departmental partners.
• Assist in maintaining updated guidance on fund usage, internal procedures, and business-office resources for both the School and MCB departments.
Administrative Operations
• Stay current on university business, finance, and administrative policies; effectively communicate relevant updates to faculty, staff, and departmental stakeholders.
• Assist with donor intent reviews and NACUBO function code assessments for gift funds.
• Coordinate and support special projects at the direction of the Associate Director, including process improvements, data assessments, and operational initiatives.
Other Duties
Perform additional duties as assigned to support the mission and operational effectiveness of the MCB Business Office.