What are the responsibilities and job description for the Budget and Finance Analyst position at University of Chicago?
Department
BSD RAD - Finance
About The Department
Annually named to the US News & World Report list of the best hospitals in the USA, the clinical facilities at the University of Chicago currently includes Mitchell Hospital, a 395-bed adult hospital facility, Comer Children’s Hospital with 155 beds, and the Duchossois Center for Advanced Medicine, a 525,000 square foot outpatient clinic and surgery facility. In addition, a 1.2 million square foot new hospital, the Center for Care and Discovery, opened in February 2013. The Department of Radiology operates facilities in all of these locations to provide multidisciplinary care and education.
Job Summary
Reporting to the Finance Manager, the Budget and Finance Analyst is responsible for supporting a busy Finance office in the Department of Radiology. The job performs a broad range of operational business activities to accomplish work related to the creation and management of budgets. Compiles and reviews the budgets, taking into consideration actual performance, previous expenditures, and estimated expenses and income. Drafts financial models and maintenance of accurate records of spending and budgetary control measures.
Responsibilities
Minimum Qualifications
Minimum requirements include a college or university degree in related field.
Work Experience:
Minimum requirements include knowledge and skills developed through < 2 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
$60,000.00 - $75,000.00
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 RAD - Finance
About The Department
Annually named to the US News & World Report list of the best hospitals in the USA, the clinical facilities at the University of Chicago currently includes Mitchell Hospital, a 395-bed adult hospital facility, Comer Children’s Hospital with 155 beds, and the Duchossois Center for Advanced Medicine, a 525,000 square foot outpatient clinic and surgery facility. In addition, a 1.2 million square foot new hospital, the Center for Care and Discovery, opened in February 2013. The Department of Radiology operates facilities in all of these locations to provide multidisciplinary care and education.
Job Summary
Reporting to the Finance Manager, the Budget and Finance Analyst is responsible for supporting a busy Finance office in the Department of Radiology. The job performs a broad range of operational business activities to accomplish work related to the creation and management of budgets. Compiles and reviews the budgets, taking into consideration actual performance, previous expenditures, and estimated expenses and income. Drafts financial models and maintenance of accurate records of spending and budgetary control measures.
Responsibilities
- Provides effort reporting for individual faculty and staff.
- Maintains a department grant portfolio database.
- Assists with monthly grant reconciliations.
- Audits and validates monthly departmental operating expenses.
- Updates and distributes faculty stipend reports.
- Routinely prepares budgets, creates accounts, and works with the financial accounting system to allocate, authorize, monitor, and control expenses.
- Communicates and trains users on the procurement process and procedures.
- Advises and guides faculty, research staff, and other administrators on policies and procedures for fulfilling all aspects of the procurement process, including purchasing, internal requisitions, and personal and travel reimbursement.
- Assists with financial administration and reporting as necessary.
- Prepares deposit reports and delivers unit deposits on a routine and as-needed basis.
- Drafts analyses for proposed plans. Periodically monitors the budget by reviewing reports and accounting records to determine if allocated funds have been spent as specified.
- Drafts variance summaries highlighting differences between the approved budget and actual performance, and make recommendations regarding excess and deficient funds. May inform managers and others within the organization of the status and availability of funds in different accounts.
- Performs 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 < 2 years of work experience in a related job discipline.
Certifications:
Preferred Qualifications
Education:
- Bachelor's degree in finance, business administration, accounting, or related field.
- Knowledge and skills developed through work experience in a related job discipline.
- Experience in a University, clinical, or not-for-profit organization.
- Knowledge of Microsoft Office, financial computing, and database software applications.
- Knowledge of University Financial Systems like FAS, Business Objects, BuySite, GEMS, ACCTS, Onbase, and ePayment.
- Mathematical aptitude, strong analytical, problem-solving, and organizational skills.
- Strong computer skills, including Microsoft Word and Excel spreadsheet skills.
- Ability to create, maintain, and organize electronic files.
- High-level attention to detail and accuracy.
- Ability to maintain effectiveness under deadlines.
- Ability to maintain confidentiality.
- Ability to exercise sound judgment, discretion, and tact.
- Ability to work both independently and collaboratively within a team.
- Adaptability to changes and continuous improvement initiatives.
- Ability to multitask and manage multiple projects in a client-service environment.
- Ability to manage interpersonal relationships and interact/communicate with clarity, tact, and courtesy with staff, faculty, students, and others.
- Ability to navigate the UChicago Campus as required by the Position.
- 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
$60,000.00 - $75,000.00
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 : $60,000 - $75,000