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Financial Analyst I

4 months ago


Lubbock, Texas, United States Texas Tech University Health Sciences Center Full time
Position Description

Performs central accounting and financial analysis functions according to established procedures.

Major/Essential Functions
  • Performs financial analysis and manages work pertaining to the preparation and execution of departmental operating budgets and related activities. Identifies problems and refers to management's attention.
  • Checks personnel actions. Calculates salaries for budgeted positions. Reviews budgets to insure accuracy, policy compliance, fund availability, and proper financial coding on appropriate salary code line. This is especially important on grants.
  • Analyzes actual expenditures in relation to budgeted expenditures for grants. Provides training and support to faculty and staff to facilitate successful management of grant awards; initiates the establishment of grant accounts, and reviews major grant-related expenditures; collaborates with Accounting Services to facilitate proper grant management; reviews subcontracts and research agreements for adherence to agency guidelines, institutional policy, and applicable state laws.
  • Calculates funding requirements. Uses computer applications to design and develop spreadsheets, charts, etc. in order to produce special reports for management as required.
  • Ability to analyze all accounts for various units within the department in order to obtain an overall view.
  • Provides support in budget development for the up-coming fiscal year in the Budget Prep System.
The ideal applicant has:
  • Excellent organizational and efficiency skills; flexible and detail-oriented; ability to prioritize and manage diverse and complex responsibilities in time critical situations; pleasant personality and ability to work well with others.
  • A thorough knowledge of funds accounts, and budgetary practices as well as knowledge of Banner System.
  • Ability to exercise independent judgment based on an understanding of organizational policies and activities; to establish and maintain effective work relationships with others through verbal and written communications.
  • Knowledge of Microsoft Office-Excel and Word applications.
Occasional Duties
  • Performs related work as required.
Required Qualifications

Bachelor's degree and 1 year of experience OR combination of education and experience to equal 5 years.

Preferred Qualifications
  • Familiarity with fund balances accounting and state accounting principles and practices.
  • Accounting experience.
EEO Statement

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, age, disability, genetic information or status as a protected veteran.

Jeanne Clery Act

The Jeanne Clery Disclosure of Campus Security Policy and Campus Crime Statistics Act is a federal statute requiring colleges and universities participating in federal financial aid programs to maintain and disclose campus crime statistics and security information. By October 1 of each year, institutions must publish and distribute their Annual Campus Security Policy & Crime Statistics Report (ASR) to current and prospective students and employees. To view this report, visit the TTUHSC Clery Act website.