What are the responsibilities and job description for the Financial Accounting and Reporting Analyst - Hybrid position at University of Illinois System?
Univ Acct & Fin Report
Under general administrative direction, perform complex analytical and developmental work related to movable equipment processes and accounting, including year-end close activities. Provide functional support across University Accounting and Financial Reporting operations, and contribute to the development, implementation, and ongoing maintenance of policies and procedures within assigned areas of responsibility. Operate effectively in a dynamic environment characterized by frequent interruptions and competing priorities, demonstrating strong organizational skills, adaptability, and the ability to manage multiple tasks concurrently. Exercise sound judgment and maintain accuracy while working under pressure to ensure daily operational requirements are consistently met.
Responsibilities
DUTIES AND RESPONSIBILITIES
Possession of current registration as a Certified Public Accountant (CPA), Certified Management Accountant, or a valid license to practice Public Accounting (LPA).
OR
Master's degree in accountancy or a related field.
Preferred:
This is a 100%% Full Time Civil Service Accounting Associate position. The expected start date is 6/1/2026.
Sponsorship for work authorization is not available for this position.
The budgeted salary range for the position is $55,000.00 - 62,000.00. Salary is competitive and commensurate with qualifications and experience, while also considering internal equity.
This position is intended to be eligible for benefits . This includes Health, Dental, Vision, Life Insurance, a Retirement Plan, Paid time Off, and Tuition waivers for employees and dependents.
APPLICATION PROCEDURES & DEADLINE INFORMATION
For full consideration, please click the APPLY NOW link on this page to submit an application on the university portal accepting applications for this system office position by 6 pm on 4/26/2026. Artificial Intelligence (AI) tools may be used in some portions of the candidate review process for this position; however, all employment decisions will be made by a person.
System HR Talent contact: at cbsmith@uillinois.edu is available for further information on this specific search.
System Human Resource Services
(217) 333-2600
erhr@uillinois.edu
The University of Illinois System is an equal opportunity employer, including but not limited to disability and/or veteran status, and complies with all applicable state and federal employment mandates. Please visit Required Employment Notices and Posters to view our non-discrimination statement and find additional information about required background checks, sexual harassment/misconduct disclosures, and employment eligibility review through E-Verify.
Applicants with disabilities are encouraged to apply and may request a reasonable accommodation under the Americans with Disabilities Act to complete the application and/or interview process. Requests may be submitted through the reasonable accommodations portal, or by contacting the System Human Resource Services, Diversity, Equity, and Inclusion at 217-333-2600, or by emailing ADAaccessibility@uillinois.edu .
Requisition ID: 9000947
Job Category: Civil Service
Campus Location: Urbana
Linkedin Code:
- Hybrid
Under general administrative direction, perform complex analytical and developmental work related to movable equipment processes and accounting, including year-end close activities. Provide functional support across University Accounting and Financial Reporting operations, and contribute to the development, implementation, and ongoing maintenance of policies and procedures within assigned areas of responsibility. Operate effectively in a dynamic environment characterized by frequent interruptions and competing priorities, demonstrating strong organizational skills, adaptability, and the ability to manage multiple tasks concurrently. Exercise sound judgment and maintain accuracy while working under pressure to ensure daily operational requirements are consistently met.
Responsibilities
DUTIES AND RESPONSIBILITIES
- Assist the Assistant Director in performing routine assigned reconciliations, including weekly and monthly reconciliations, to ensure the accuracy, completeness, and consistency of financial and asset data between multiple systems. Investigate and resolve discrepancies in a timely manner. (20%)
- Analyze transactional and supporting documentation to validate the accuracy of movable equipment costs for both tracked and capitalized assets. Ensure proper capitalization, classification, and recording in accordance with university policy, regulatory requirements, and applicable accounting standards. (20%)
- Assist the Assistant Director with data queries, data extraction, and analytical review to support financial reporting, operational analysis, and audit requirements. (15%)
- Monitor departmental compliance with university policies, regulatory requirements, and best practices related to movable equipment and asset management. Identify process gaps and recommend corrective actions as needed. (10%)
- Prepare quarterly depreciation calculations and projections for UIC Hospital units, ensuring accurate recording and reporting in the financial system. (10%)
- Assist the Director in coordinating and monitoring audit requests, compiling supporting documentation, and ensuring accurate and timely responses to internal and external auditors. (10%)
- Conduct periodic review and audit of departmental processing activities, including, but not limited to, quarterly asset attributes, tracking for year-end reporting for Gift-in-Kind general non-cash addition transactions, art and library collection additions, and adjustments to ensure accuracy, proper valuation, and compliance with applicable policies and reporting requirements. (5%)
- Assist with year-end closing activities. (5%)
- Review and coordinate deferral and accrual postings in collaboration with the University Accounting Services (UAS) team to ensure accurate year-end financial reporting. (2%)
- Develop a correspondence in coordination with University Accounting Services (UAS) to communicate updates, policy changes, and procedural guidance to campus units. (1%)
- Serve on University, Campus, and/or University Accounting committees/teams as assigned. (1%)
- Perform other duties appropriate to the position of Financial Accounting and Reporting Analyst as assigned. (1%)
- Bachelor's degree with a major in Accountancy or a related field AND two (2) years of professional-level accounting experience.
Possession of current registration as a Certified Public Accountant (CPA), Certified Management Accountant, or a valid license to practice Public Accounting (LPA).
OR
Master's degree in accountancy or a related field.
Preferred:
- CPA Certification or documented progress towards a CPA Certification
- Working knowledge of SCT Banner Finance modules
- Knowledge of the State of Illinois reporting requirements
- Database management experience
- Experience working with higher education and/or other fund accounting systems
- Demonstrated analytical skills to perform financial analysis of business transactions and perform complex reconciliations.
- Knowledge about querying and reporting tools (e.g., Microsoft Access).
- Effective technical skills.
- Strong verbal and written communications skills to effectively present information and respond to colleagues and others seeking guidance and/or clarification about issues.
- Strong interpersonal skills to establish and maintain effective working relationships.
- Ability to multi-task and produce accurate, detail-oriented work to meet stringent deadlines.
- Creativity in problem-solving and exercising independent judgment and discretion.
- Proficient computer skills including Microsoft Word, Excel, and Outlook.
This is a 100%% Full Time Civil Service Accounting Associate position. The expected start date is 6/1/2026.
Sponsorship for work authorization is not available for this position.
The budgeted salary range for the position is $55,000.00 - 62,000.00. Salary is competitive and commensurate with qualifications and experience, while also considering internal equity.
This position is intended to be eligible for benefits . This includes Health, Dental, Vision, Life Insurance, a Retirement Plan, Paid time Off, and Tuition waivers for employees and dependents.
APPLICATION PROCEDURES & DEADLINE INFORMATION
For full consideration, please click the APPLY NOW link on this page to submit an application on the university portal accepting applications for this system office position by 6 pm on 4/26/2026. Artificial Intelligence (AI) tools may be used in some portions of the candidate review process for this position; however, all employment decisions will be made by a person.
System HR Talent contact: at cbsmith@uillinois.edu is available for further information on this specific search.
System Human Resource Services
(217) 333-2600
erhr@uillinois.edu
The University of Illinois System is an equal opportunity employer, including but not limited to disability and/or veteran status, and complies with all applicable state and federal employment mandates. Please visit Required Employment Notices and Posters to view our non-discrimination statement and find additional information about required background checks, sexual harassment/misconduct disclosures, and employment eligibility review through E-Verify.
Applicants with disabilities are encouraged to apply and may request a reasonable accommodation under the Americans with Disabilities Act to complete the application and/or interview process. Requests may be submitted through the reasonable accommodations portal, or by contacting the System Human Resource Services, Diversity, Equity, and Inclusion at 217-333-2600, or by emailing ADAaccessibility@uillinois.edu .
Requisition ID: 9000947
Job Category: Civil Service
Campus Location: Urbana
Linkedin Code:
Salary : $55,000 - $62,000