Finance Administrator

Finance AdministratorThe Finance Administrator will act as the primary financial and analytical liaison for assigned departments and initiatives, overseeing budget development and providing comprehensive financial management support. This role will drive the development and integration of unit-specific financial data analytics and reporting, focusing on establishing standardized metrics and methodologies to evaluate both University-wide and department-level financial performance. Additionally, the Finance Administrator will contribute to the formulation of long- and short-term financial goals, business strategies, and financial forecasts. The role involves coordinating quarterly and year-end reporting for the operating budget, leveraging a solid understanding of financial principles.Responsibilities:Analyzes, reviews, and tracks financial activities for the Institute for Climate and Sustainable Growth (ICSG), Energy Policy Institute at the University of Chicago (EPIC), Climate Systems Engineering Initiative (CSEi), the Energy and Environment Lab (E&E Lab), and other programs, with a focus on finance, auditing, budgeting, forecasting, and purchasing.Builds and maintains complex financial models using Excel and other tools.Prepares monthly, quarterly, and annual variance reports; flags inconsistencies and submits account corrections as needed, both payroll and non-payroll.Prepares monthly reports, conducts and corrects errors in accounts using existing procedures that are in place, and provides advice on the financial impact of human resources and academic affairs decisions.Routinely prepares budgets, creates accounts, and monitors, allocates, authorizes, and controls expenses using the University's financial accounting system.Helps prepare monthly reports and identifies/corrects account errors using standard procedures.Plans, develops, and manages budgets, including multi-year forecasting.Assists the Finance Manager in the annual budget process, including preparing departmental budget packets and entering data into UCPlan.Monitors and reconciles actuals vs. budget; works with departments to understand variances and suggest course corrections.Oversees and tracks multi-year faculty fund support packages; provides periodic reports to faculty.Assists the Finance Manager in developing performance metrics and methodologies to evaluate financial health across units.Oversees review, approval, and reporting of expenditures, goods, services, and cost allocations.Prepares and submits financial transactions through Oracle and Concur; assists with payment processing and procurement.Supports staff with the GEMS system and ensures regular reconciliation of transactions.Coordinates calls for proposals and manages internal faculty grant awards.Assists in reviewing and executing contracts and data use agreements; liaise with vendors to ensure compliance with University standards.Works with UChicago Global and UC Trust to manage international fund transfers.Collaborates with the Clean Air team to oversee funding disbursements to global external partners.Acts as the primary account administrator, providing intensive customer service to account owners.Liaise with Financial Services and internal stakeholders as necessary.Helps develop and maintain a Financial Administration manual with key policies and procedures.Provides financial guidance related to HR and academic decisions.Assists in preparing presentations and training materials on financial and administrative topics for leadership and department members.Provides professional support as a primary account administrator for account owners in an intensive customer service environment.Analyzes and prepares budgets, creates accounts, and works with the financial accounting system to allocate, authorize, monitor, and control expenses.Performs other related work as needed.Minimum Qualifications:Education:Minimum requirements include a college or university degree in related field.Work Experience:Minimum requirements include knowledge and skills developed through 2-5 years of work experience in a related job discipline.Certifications:---Preferred Qualifications:Education:Bachelor's degree in finance, accounting, business administration, or related field.Technical Skills, or Knowledge:Knowledge of financial computing and database software application.Advanced in Microsoft Excel, which includes advance usage of pivot tables, v-lookups, macros, and formatting.Knowledge of various financial principles, practices, and applications including budgeting, financial planning, and financial reporting.Familiarity with accounting systems and budget systems.Proficiency with Microsoft Office (Word, Excel, PowerPoint)Preferred Competencies:Outstanding analytical and problem-solving skills. Detail-oriented and prioritize and complete multiple concurrent projects.Demonstrates capacity to work independently in an organized detailed manner while maintaining a collaborative team environment.Exercises sound judgment and absolute discretion regarding confidential matters with tact.Excellent verbal and written communication skills.Demonstrated time management skills to deliver high-integrity products within established deadlines.Personable, professional, and consultative work style.Working Conditions:Office environment; writing and typing, work at a computer for multiple hours.Fast-paced environment.Application Documents:Resume/CV (required)Cover Letter (required)Three Professional References Contact Information (required)Job Family: Financial ManagementRole Impact: Individual ContributorScheduled Weekly Hours: 37.5Drug Test Required: NoHealth Screen Required: NoMotor Vehicle Record Inquiry Required: NoPay Rate Type: SalaryFLSA Status: ExemptPay Range: $70,000.00 - $77,000.00Benefits Eligible: YesThe University of Chicago offers a wide range of benefits programs and resources for eligible employees, including health, retirement, and paid time off. Information about the benefit offerings can be found in the Benefits Guidebook.The University of Chicago is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender, gender identity, or expression, national or ethnic origin, shared ancestry, age, status as an individual with a disability, military or veteran status, genetic information, or other protected classes under the law. For additional information please see the University's Notice of Nondiscrimination.Job seekers in need of a reasonable accommodation to complete the application process should call 773-702-5800 or submit a request via Applicant Inquiry Form.All offers of employment are contingent upon a background check that includes a review of conviction history. A conviction does not automatically preclude University employment. Rather, the University considers conviction information on a case-by-case basis and assesses the nature of the offense, the circumstances surrounding it, the proximity in time of the conviction, and its relevance to the position.The University of Chicago's Annual Security & Fire Safety Report (Report) provides information about University offices and programs that provide safety support, crime and fire statistics, emergency response and communications plans, and other policies and information. The Report can be accessed online at: http://securityreport.uchicago.edu. Paper copies of the Report are available, upon request, from the University of Chicago Police Department, 850 E. 61st Street, Chicago, IL 60637.