Financial Operations Specialist

4 weeks ago

Washington, United States American University Full time

American University is a student-centered research institution located in Washington, DC, with highly-ranked schools and colleges, internationally-renowned faculty, and a reputation for creating meaningful change in the world. Learn more about

American University
Department:

School of Public Affairs

Time Type:
Full time
Work Modality:

Hybrid 01 (On Campus 3-4 Days/Week)
Union:

Excluded
Job Description:

Summary:
The Financial Operations Specialist is responsible for the day-to-day business in the School of Public Affairs. This position serves as the primary contact for SPA faculty and staff for general financial administration and various procurement and expense management issues to ensure that the needs of the SPA community are met. Additionally serves as the main point of contact for SPA departments and programs as well as central offices (Accounts Payable, Procurement and Contracts, etc.) regarding financial inquiries and assistance.

The position requires general supervision.

Essential Functions:
- Financial Administration
- Manage all internal award allocations for the School of Public Affairs faculty, staff, and students. Create and maintain databases to track spending on individual awards. Provide guidance to faculty members on appropriate spending for awarded funds. Track and report on spending and income in endowed and internally restricted accounts in order to provide assistance to Chairs, Program Directors, and Deans as needed. Conduct regular reviews of operating and non-operating accounts to ensure that financial transactions are completed successfully and accurately, using Workday. Run Workday budget reports for programs, centers, institutes, departments, and internal offices upon request. Proactively identify and address potential issues, and notify supervisor in the event of new or unusual problems or issues that arise.- Financial Transaction Review
- Review, approve, and occasionally initiate financial transactions actions such as: disbursements, expense reports, and requisitions prior to submission to Accounts Payable. Review and ensure financial transactions are in compliance with University and SPA policies, procedures, and best practices. Responsible for reviewing financial transactions for budgetary compliance, proactively addressing and resolving potential issues with customers, and providing recommendations to a number of different stakeholders.- Part-Time Staff and Student Personnel Support
- Initiate payment actions related to Graduate Financial Aid (GFA) awards and hourly student hires as necessary. Support units requiring assistance with creating part-time and student staff positions. Serve as a resource for SPA manager requiring assistance with hiring and onboarding part-time and student staff members.- Finance and Administration Support and Training
- Establish and maintain cooperative working relationships with faculty and staff within SPA. Provide training to full time staff, graduate assistants, and program staff on processes and procedures necessary to incur and record financial transactions and to understand necessary budget reports for managing unit and program budgets.- Other Duties
- Supports the SPA Budget team as needed. Performs other duties and responsibilities as assigned.

Position Type/Expected Hours of Work:
- Full-Time.- Specialist A.- Non-Exempt.

Salary Range:
- $24.75-27.50/hour (equivalent to $45,000-50,000/year), commensurate with experience.

Required Education and Experience:
- Associate Degree in Business, Accounting or other relevant field, or equivalent in education, training and experience required.- 2-4 years’ relevant experience in an academic or office setting required.

Preferred Education and Experience:
- Bachelor’s Degree in Business, Accounting, or other related field preferred.- 1-3 years’ budget and administrative experience preferred.-

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