Financial Assistant

4 weeks ago

Chicago, Illinois, United States Northwestern University Full time
Apply for JobJob ID49433
LocationChicago, Illinois
Add to Favorite JobsEmail this Job

Department: MED-Radiology
Salary/Grade: NEX/11

Job Summary:

* Provides day-to-day financial & accounting support 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.

* Provides administrative &/or clerical support.

Areas of responsibility below

* Accounting policy & procedure

* Accounts payable

* Accounts receivable

* Additional/special pay

* Analysis

* Balancing

* Bank deposits

* Budget

* Capital spending

* Cash receipt

* Chart &/or account coding

* Cost accounting

* Creating new accounts

* Expense reimbursement

* Financial StatementsForecasting

* Grants &/or awards

* Payroll

* Procurement card program

* Purchase orders

* Recharge

* Reconciliation

* Reporting

* Student accounts

* Student funding

* Transfer charges

* Wire transfers

Specific Responsibilities:

Budget:

* Maintains & tracks individual budget accounts.

* Coordinates annual budget process including tasks associated with the open/close processes.

* Completes reconciliation procedures.

* Creates summary reports.

* Coordinates &/or provides information for annual salary review process

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* May analyze open encumbrances that are no longer valid & recommend appropriate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:

* 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.

* Contacts outside agencies, banks &/or banking systems to obtain clarification of rules &/or regulations.

* Enters information into database

Grants &/or Awards:

* Completes post award accounting.

* Sets-up sub-contracts &/or start-up research accounts.

* Closes grants

* 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 paperwork.

* Instructs & advises regarding options and appropriate courses of action & follows-up inquiries to ensure customer satisfaction.

* Provides administrative support in regard to HR matters such as hiring, onboarding, benefits, compensation, etc.

Training:

* Assists with training of new staff members

* Creates & provides financial training on practice, procedure, policy &/or laws & regulations to customers.

Supervision:

* Provides guidance to junior employees.

Miscellaneous

Performs other duties as assigned.

Minimum Qualifications:

* High school diploma or the equivalent.

* 3 years accounting &/or bookkeeping experience or the equivalent combination of education & experience.

Minimum Competencies: (Skills, knowledge, and abilities.)

* Excellent computer skills including proficiency in the use of spreadsheet, database and word processing software.

* Familiarity with financial reporting.

Target hiring range for this position will be between $19.31-$24.14 per year. 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 COVID-19 and Campus Updates 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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