Budget and Finance Analyst

About the position

Reporting to the Finance Administration Manager 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

• Provide effort reporting for individual faculty and staffs.
• Maintaining a department grant portfolio database.
• Assisting with monthly grant reconciliations.
• Auditing and validating monthly departmental operating expenses.
• Updating and distributing faculty stipend reports.
• Routinely prepares budgets, creates accounts, and works with the financial accounting system to allocate, authorize, monitor, and control expenses.
• Communicates and train 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.
• Assist with financial administration and reporting as necessary.
• Prepare report of deposit and deliver 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.

Requirements

• Minimum requirements include a college or university degree in related field.
• Minimum requirements include knowledge and skills developed through < 2 years of work experience in a related job discipline.

Nice-to-haves

• 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 a not-for-profit organization.

Benefits

• The University of Chicago offers a wide range of benefits programs and resources for eligible employees, including health, retirement, and paid time off.