Finance Specialist

Indiana University Bloomington; Bloomington (IN); Hybrid; USD 59,000 - 61,000; Full time

Benefits offered by this job

Medical and dental insurance

Health savings account

Flexible spending accounts

Life insurance

Retirement plans

Tuition subsidy

Job summary

Indiana University Bloomington is seeking a Finance Specialist within Treasury Operations to initiate and verify daily banking transactions and to serve internal and external customers.

The role focuses on managing wire transfers, ACH payments, and bank activities, building dashboards for banking and merchant data, and ensuring compliance with PCI DSS and internal controls in a hybrid work setting in Bloomington, IN.

Qualifications

• Bachelor's degree or higher in finance, business, or related field.
• 2 years of relevant work experience preferred.
• CTP or APRP certifications are a plus.

Responsibilities

• Initiates and verifies daily banking transactions, including wire transfers and ACH payments.
• Creates and maintains dashboards to track banking and merchant activities.
• Manages signature delegation and maintains delegation logs for accuracy and compliance.
• Responds to department inquiries and troubleshoots payment issues with banking partners.
• Reviews ACH vendor payments for proper routing and documentation.

Skills

Financial data analysis

Communication skills

Professionalism

Time management

Quality focus

Adaptability

Lifelong learning

Attention to detail

Pressure handling

Education

Bachelor's degree in finance, business, or related field

Tools

SQL databases

Power BI

Job description

Department

TREASURER'S OFFICE (UA-TREA-IUBLA)

Department Information

As the central financial hub for banking and payment operations,Treasury Operations ensures critical disbursements, revenuecollection, and liquidity management run efficiently and securelyacross the university. The team works closely with internaldepartments and external partners to implement modern paymentsolutions, manage bank relationships, and optimize interest income.Through continuous training, policy oversight, and annual PaymentCard Industry Data Security Standard (PCI DSS) compliance, TreasuryOperations empowers campus units to handle financial transactionssafely and effectively.

Job Summary

This position is within Treasury Operations in the Office of theTreasurer. The Finance Specialist is primarily responsible forinitiating and verifying daily banking transactions while workingwith internal and external customers.

Department-Specific Responsibilities

• Initiates and verifies daily wire transfers, ACH payments, androutine bank transactions.
• Creates and maintains dashboards to track banking and creditcard merchant activities, including volumes, fees, expenses, datausage, etc.
• Manages signature delegation, including maintaining andupdating the delegation log to ensure accuracy and compliance.
• Completes research requests from departments, troubleshootsissues, orders supplies, and coordinates with banking partners toresolve issues.
• Reviews and validates department ACH vendor payment requests toensure accurate routing, proper documentation, and paymentsecurity.
• Investigates returned checks, analyzes root causes, and ensuresproper general ledger adjustments and account reconciliations areaccurately posted.
• Maintains and updates the Daily Cash Worksheet by buildingcomplex formulas and automating calculations to ensure accuratecash visibility.
• Sends notifications to area banks to identify and address anyunauthorized bank accounts.
• Troubleshoots, programs, tracks, and trains staff on bankingsystems and hardware.

General Responsibilities

• Performs routine independent analysis of daily cash flows, cashpayments, interest charges and earnings, and other financial andcash flows metrics.
• Reconciles account statements and cash transactions;troubleshoots and corrects basic and moderately complex errors,escalating more complex errors as needed.
• Responds to employee inquiries and requests and explains fiscalpolicies and procedures.
• May provide organizational treasury training.

Qualifications

Combinations of related education and experience may beconsidered. Education beyond the minimum required may besubstituted for work experience. Work experience beyond the minimumrequired may be substituted for education.

EDUCATION

Required

• Bachelor's degree in finance, business, or related field.

WORK EXPERIENCE

Required

• 2 years of experience in relevant field.

LICENSES AND CERTIFICATES

Preferred

• Certified Treasury Professional (CTP) upon date of hire.
• Accredited Payments Risk Professional (APRP) upon date ofhire.

SKILLS

Required

• Ability to analyze and interpret financial data.
• Proficient written and verbal communication skills.
• Maintains a high degree of professionalism.
• Demonstrates time management and priority setting skills.
• Demonstrates a high commitment to quality.
• Possesses flexibility to work in a fast-paced, dynamicenvironment.
• Seeks to acquire knowledge in area of specialty.
• Highly thorough and dependable.
• Demonstrates a high level of accuracy, even underpressure.

Preferred

• Experience with Structured Query Language (SQL) databases.
• Experience with Power Bank Intelligence (BI).

Working Conditions / Demands

This role requires the ability to effectively communicate and tooperate a computer and other standard office productivityequipment. The position involves sedentary work as well as periodsof time moving around an office environment and the campus. Theperson in this role must be able to perform the essential functionswith or without an accommodation.

Work Location

Bloomington, Indiana

This position is eligible to work a hybrid schedule (mix betweenremote and in-person work), subject to change based on universitypolicy and business needs.

Advertised Salary

$59,000 - $61,460.04 annually depending upon qualifications.

Benefits Overview

• Comprehensive medical and dental insurance
• Health savings account with generous IU contributions
• Healthcare and dependent care flexible spending accounts
• Basic group life insurance paid by IU
• Voluntary supplemental life, long-term disability, criticalillness, and supplemental accidental death & dismembermentinsurance
• Base retirement plan with generous IU contributions, subject tovesting
• Voluntary supplemental retirement plan options
• Tuition subsidy for employees and family members taking IUcourses
• 10 paid holidays plus a paid winter break each year
• Generous paid time off plans
• Paid leave for new parents and IU-sponsored volunteerevents
• Employee assistance program (EAP)

Learn more about our benefits by reviewing the IUBenefit Programs Brochure .

Job Classification

Career Level: Career

FLSA: Exempt

Job Function: Finance

Job Family: Capital Fin, Invest, & Treas

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Posting Disclaimer

This posting is scheduled to close at 11:59 pm EST on theadvertised Close Date. This posting may be closed at any time atthe discretion of the University, but will remain open for aminimum of 5 business days.

Equal Employment Opportunity

Indiana University is an equal opportunity employer and provider ofADA services and prohibits discrimination in hiring. See Indiana University Notice of Non-Discriminationhere which includes contact information .

Campus Safety and Security

The Annual Security and Fire Safety Report, containing policystatements, crime and fire statistics for all Indiana Universitycampuses, is available online . You may also request aphysical copy by emailing IU Public Safety at [e-mail] or by visiting IUPD.

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