Details
Posted: 15-Apr-22
Location: Chicago, Illinois
Type: Full-time
Salary: Open
Location: Hyde Park Campus
Job Description:
Responsible for the BSD budget process, allocates resources and financial performance targets consistent with Department priorities and long-range planning, consistent with all BSD policies and requirements. Utilizes processes and tools to expedite the budget process and control areas of financial risk.
Tracks financial commitments and coordinates with the Executive Director and Chairman to forecast draws against commitments.
Responsible for documentation and training of budgetary procedures and policies for departmental personnel.
Ensures compliance with University financial policies and those of external agencies.
Maintains the Department's balance sheet accounts, monitors cash, payables, and receivables to ensure proper operations and the Department's viability.
Oversees the management of research contracts and grants.
Oversees gift and endowment accounts. Prepares budgets for research contracts and grants.
Communicates and train users on financial policies and procedures.
Manages month and year end accounting closes.
Participates in UCMC and BSD capital accounting and procurement processes including capital projects (renovations, construction, equipment, etc.).
Oversees internal and external audit activities.
Manages the development, monitoring, and evaluation of a consolidated annual and intermediate (typically three to five year) budget plan and budget process for a unit, as well as actual performance against budget.
Manages the preparation of financial statements, activity reports, financial position forecasts, and/or reports required by regulatory agencies.
Manages, negotiates, and resolves financial compliance issues with various governmental agencies.
Manages the preparation of audits and value-add financial analysis. Advises senior management on financial reporting requirements.
Works independently to maintain and support the planning and execution of financial strategy.
Acts as a resource for team members, solves complex problems. Explains complex and sensitive information.
Performs other related work as needed.
Preferred Qualifications
Education:
Bachelor's degree in finance, business administration, accounting, or related field.
MBA or advanced degree in finance, public policy, not-for-profit administration, or a related field.
Experience:
Knowledge and skills developed through years of work experience in a related job discipline.
Experience in administration, personnel management, and business systems.
Experience in a University, clinical or a not-for-profit organization.
Preferred Competencies
Knowledge of Microsoft Office, financial computing, and database software applications. High proficiency in working with Microsoft Excel.
Knowledge of various financial principles, practices, and applications including budgeting, financial planning, and financial reporting.
Strong financial modeling skills.
Intellectual versatility and creativity.
Strong analytical and organizational skills.
Strong interpersonal, verbal, and written communication skills.
Ability to think strategically and translate into operational objectives.
Ability to independently develop and analyze alternative solutions and make recommendations.
Ability to work closely with senior University officials.
Ability to work effectively under considerable time pressure on high visibility, high stakes projects.
Application Documents
Resume/CV (required)
Cover Letter (preferred)
The University of Chicago is an Affirmative Action/Equal Opportunity/Disabled/Veterans Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national or ethnic origin, age, status as an individual with a disability, protected veteran status, genetic information, or other protected classes under the law. For additional information please see the University's Notice of Nondiscrimination.
Staff Job seekers in need of a reasonable accommodation to complete the application process should call 773-702-5800 or submit a request via the Applicant Inquiry Form.
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