Finance Specialist

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

Benefits offered by this job

Hybrid schedule

Comprehensive benefits

Tuition subsidy

Job summary

Indiana University’s Treasury Operations in Bloomington seeks a Finance Specialist to initiate and verify daily banking transactions and support revenue and liquidity management. You will work with internal customers and banking partners on wire transfers, ACH payments, and dashboards tracking banking activities.

The role requires a Bachelor’s degree in finance or related field and at least 2 years of experience, with preferred certifications.

Qualifications

• Bachelor's degree in finance, business, or related field is required.
• 2 years of experience in a related finance role is required.

Responsibilities

• Initiates and verifies daily banking transactions (wire transfers, ACH).
• Creates dashboards to track banking and merchant activities.
• Maintains delegation logs and ensures compliance.
• Research requests and resolves banking issues with partners.

Skills

Financial analysis

Communication

Time management

Attention to detail

Problem solving

Education

Bachelor's degree in finance or related field

Tools

SQL

Power BI

Job description

TREASURER'S OFFICE (UA-TREA-IUBLA)

As the central financial hub for banking and payment operations, Treasury Operations ensures critical disbursements, revenue collection, and liquidity management run efficiently and securely across the university. The team works closely with internal departments and external partners to implement modern payment solutions, manage bank relationships, and optimize interest income. Through continuous training, policy oversight, and annual Payment Card Industry Data Security Standard (PCI DSS) compliance, Treasury Operations empowers campus units to handle financial transactions safely and effectively.

This position is within Treasury Operations in the Office of the Treasurer. The Finance Specialist is primarily responsible for initiating and verifying daily banking transactions while working with internal and external customers.

Department-Specific Responsibilities

• Initiates and verifies daily wire transfers, ACH payments, and routine bank transactions.
• Creates and maintains dashboards to track banking and credit card merchant activities, including volumes, fees, expenses, data usage, etc.
• Manages signature delegation, including maintaining and updating the delegation log to ensure accuracy and compliance.
• Completes research requests from departments, troubleshoots issues, orders supplies, and coordinates with banking partners to resolve issues.
• Reviews and validates department ACH vendor payment requests to ensure accurate routing, proper documentation, and payment security.
• Investigates returned checks, analyzes root causes, and ensures proper general ledger adjustments and account reconciliations are accurately posted.
• Maintains and updates the Daily Cash Worksheet by building complex formulas and automating calculations to ensure accurate cash visibility.
• Sends notifications to area banks to identify and address any unauthorized bank accounts.
• Troubleshoots, programs, tracks, and trains staff on banking systems and hardware.

General Responsibilities

• Performs routine independent analysis of daily cash flows, cash payments, interest charges and earnings, and other financial and cash 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 fiscal policies and procedures.
• May provide organizational treasury training.

Combinations of related education and experience may be considered. Education beyond the minimum required may be substituted for work experience. Work experience beyond the minimum required 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 of hire.

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, dynamic environment.
• Seeks to acquire knowledge in area of specialty.
• Highly thorough and dependable.
• Demonstrates a high level of accuracy, even under pressure.

Preferred

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

This role requires the ability to effectively communicate and to operate a computer and other standard office productivity equipment. The position involves sedentary work as well as periods of time moving around an office environment and the campus. The person in this role must be able to perform the essential functions with or without an accommodation.

Bloomington, Indiana

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

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

For full-time staff employees, Indiana University offers a wide array of benefits including:

• 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, critical illness, and supplemental accidental death & dismemberment insurance
• Base retirement plan with generous IU contributions, subject to vesting
• Voluntary supplemental retirement plan options
• Tuition subsidy for employees and family members taking IU courses
• 10 paid holidays plus a paid winter break each year
• Generous paid time off plans
• Paid leave for new parents and IU-sponsored volunteer events
• Employee assistance program (EAP)

Learn more about our benefits by reviewing the IU Benefit Programs Brochure.

Career Level: Career

FLSA: Exempt

Job Function: Finance

Job Family: Capital Fin, Invest, & Treas

Click here to learn more about Indiana University's Job Framework.

Indiana University is an equal opportunity employer and provider of ADA services and prohibits discrimination in hiring.

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

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