Budget & Finance Analyst, Service Delivery Unit

Biological Sciences Division at the University of Chicago; Chicago (IL); On-site; USD 60,000 - 90,000; Full time

Job summary

The University of Chicago’s Budget Staff 2 position coordinates operating and capital budget activities for BSD divisions and university units. The role supports quarterly/year-end reporting, budget development, and financial analysis under the Manager, Finance Service Delivery.

It also handles accounts payable/receivable and ad hoc analyses. Minimum qualifications include a college degree in accounting/finance and 3 years of related experience, with strong Excel skills and proficiency in

Qualifications

• Bachelor's degree in accounting, finance, or equivalent strongly preferred.
• Minimum requirements include a college or university degree in related field.
• A minimum of three years of accounting, finance, or equivalent experience.

Responsibilities

• Provide reporting/analysis for the Service Delivery Unit (SDU), including report generation, analysis, projections, and verification of accuracy of financial information.
• Initiates and tracks on external billing agreements and prepares associated monthly/quarterly invoicing.
• Assists Director/Manager in reporting deliverables and department functions; maintains key performance indicator reports/dashboards in research.
• Participates in and contributes to the creation of the annual operating budget, with an understanding of key assumptions such as base allocation and low salary recovery methodology.
• Performs Accounts Payable and Accounts Receivable tasks to ensure timely and accurate payment of invoices and billing.
• Assists Director/Manager in preparing gift check deposit journal entry, IADF awards fund update and reconciliation between GL and IADF awards.
• Serves as a resource to departmental stakeholders for questions regarding faculty fund management and departmental fund usage and financial management.
• Responsible for annual benchmark survey completion.
• Provides assistance to departments and SDUs in chart of account utilization.
• Leverages Excel and other available tools to streamline and automate reports.
• Analyzes and prepares budgets, creates accounts, and works with the financial accounting system to allocate, authorize, monitor, and control expenses.
• 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.

Skills

Financial analysis

Budgeting

Strategic thinking

Communication skills

Education

Bachelor's degree in accounting, finance, or equivalent strongly preferred

College or university degree in related field

Tools

Microsoft Office

Excel

Job description

The University of Chicago’s Budget Staff 2 position coordinates operating and capital budget activities for BSD divisions and university units. The role supports quarterly/year-end reporting, budget development, and financial analysis under the Manager, Finance Service Delivery.

It also handles accounts payable/receivable and ad hoc analyses. Minimum qualifications include a college degree in accounting/finance and 3 years of related experience, with strong Excel skills and proficiency in