Financial Assistant
1 month ago
LocationEvanston, Illinois
Department: MCC Undergraduate Engineering
Salary/Grade: NEX/11
Job Summary:
This position is the initial point of contact for the Office of Undergraduate Engineering, offering support to students, staff, and faculty by performing financial, reception, and administrative functions.
Provides day-to-day financial & accounting, payroll and student funding support for the Office of Undergraduate Engineering, using an advanced knowledge of applicable skills, methods & practices & some innovation, analysis, & reasoning to choose appropriate alternatives from among pre-defined policies & procedures to complete work that includes successive steps & involves some non-routine problems &/or decisions.
Applies industry and professional standards, university policy and procedure, federal and state laws and other regulations.
Accounting policy & procedure
Accounts payable
Additional/special pay
Bank deposits
Chart &/or account coding
Expense reimbursement
Financial Statements
Grants &/or awards
Inventory
Journal &/or ledger
Payroll
Procurement card program
Purchase orders
Wire transfers
Please note: Supervisor provides objectives & deadlines. Work is reviewed for fulfillment of objective & deadlines & overall compliance with policy & procedures. EE completes some activities without direction, informing supervisor only of potentially controversial matters, &/or far-reaching implications.
Specific Responsibilities:
Budget:
- Maintains & tracks individual budget accounts.
- Completes reconciliation procedures.
Analysis, Statements & Reporting:
- Prepares account, budget, cost, expenditure &/or funds analysis.
- Provides reports to managers/PIs in tracking payment status & notification when balances & activities do not comply with policy, procedures or are inadequately prepared.
- May analyze open encumbrances that are no longer valid & recommend appropriate modifications to ensure smooth processing of financial transactions.
Transactions:
- Completes & maintains transactions in enterprise systems.
- Provides review and oversight of all types of financial transactions some of which may be complex in regard to size or duration of account.
- Reviews; ensures approval based on alternatives regarding practice & policy.
- Troubleshoots problems.
- Performs vendor/account research as needed.
- Obtains additional information from or provides instruction & guidance for customers/vendors; corrects or escalates.
- Accesses multiple banking systems to process transactions, retrieve information, &/or initiate wire transfers.
- Provides financial policy interpretation to determine the validity of customer requests & ensure compliance.
- Contacts outside agencies, banks &/or banking systems to obtain clarification of rules &/or regulations.
- Enters information into database.
Grants &/or Awards:
- Provides assistance regarding grant financial administration such as preparing financial information for grant submission.
- Completes post award accounting.
- Sets-up sub-contracts &/or start-up research accounts.
- Approves expenditures on travel, consulting &/or equipment, along with various forms, such as Intra Institutional Vouchers, Requests for Accounting Corrections, the Research Assistant and Scholarship Appointments, &/or payroll adjustments, in accordance with granting agency guidelines & University policies & procedures.
- Processes subcontract payments according to rules & regulations of granting agencies.
- Reconciles subcontract payments.
- Verifies payroll funding entries.
- Corrects charges to various accounts.
Administration:
- Provides excellent customer service, over the phone and in person answering standard questions regarding status of requests, policies and procedures for processing transactions, &/or instructions for completing forms, and provides referrals to appropriate staff members in the Undergraduate Engineering Office.
- Instructs & advises regarding options and appropriate courses of action & follows-up inquiries to ensure customer satisfaction.
- Coordinates office repairs & maintenance.
- Maintains inventory.
Training:
- Assists with training of new staff members
- Creates & provides financial training on practice, procedure, policy &/or laws & regulations to customers.
Supervision:
- Supervises or leads temporary, part-time or work study students.
- Provides guidance to junior employees.
Miscellaneous
Performs other duties as assigned.
Minimum Qualifications:
- High school diploma or the equivalent.
- 3 years accounting &/or bookkeeping or other relevant experience.
Minimum Competencies: (Skills, knowledge, and abilities.)
- Excellent customer service and interpersonal skills
- Excellent computer skills including proficiency in the use of spreadsheet, database and word processing software.
- Familiarity with financial reporting.
Preferred Qualifications:
- Bachelor's degree
- One year of accounting or bookkeeping or other relevant experience
Preferred Competencies: (Skills, knowledge, and abilities)
- Experience working within academic setting
- Experience working with PeopleSoft applications
- Highly proficient with Microsoft Office suite and overall computer/technical aptitude.
- Ability to build collaboration by encouraging trust, mutual respect, and a sense of shared purpose.
- Strong organizational skills and attention to detail.
- Effective communication skills (written and verbal).
Target hiring range for this position will be between $ $27.16 per hour. Offered salary will be determined by the applicant's education, experience, knowledge, skills and abilities, as well as internal equity and alignment with market data.
Benefits:
At Northwestern, we are proud to provide meaningful, competitive, high-quality health care plans, retirement benefits, tuition discounts and more Visit us at to learn more.
Work-Life and Wellness:
Northwestern offers comprehensive programs and services to help you and your family navigate life's challenges and opportunities, and adopt and maintain healthy lifestyles.
We support flexible work arrangements where possible and programs to help you locate and pay for quality, affordable childcare and senior/adult care. Visit us at to learn more.
Professional Growth & Development:
Northwestern supports employee career development in all circumstances whether your workspace is on campus or at home. If you're interested in developing your professional potential or continuing your formal education, we offer a variety of tools and resources. Visit us at to learn more.
Northwestern strongly recommends COVID-19 vaccinations and boosters for people who can obtain them as a critical tool for minimizing severe illness. More information can be found on the webpage.
The Northwestern campus sits on the traditional homelands of the people of the Council of Three Fires, the Ojibwe, Potawatomi, and Odawa as well as the Menominee, Miami and Ho-Chunk nations. We acknowledge and honor the original people of the land upon which Northwestern University stands, and the Native people who remain on this land today.
Northwestern University is an Equal Opportunity, Affirmative Action Employer of all protected classes, including veterans and individuals with disabilities. Women, racial and ethnic minorities, individuals with disabilities, and veterans are encouraged to apply. Click for information on EEO is the Law.
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