Financial Accounting and Reporting Analyst (Hybrid/Remote)

University of Illinois Urbana-Champaign; Urbana (IL); Hybrid; USD 55,000 - 62,000; Full time

Benefits offered by this job

Health Insurance

Dental Insurance

Vision Insurance

Retirement Plan

Tuition waivers for employees and dependents

Paid time off

Job summary

A public university in Illinois is seeking a Financial Accounting and Reporting Analyst to support various accounting functions within University Accounting Services. This role involves assisting with fund management, compliance with accounting regulations, and documentation of accounting procedures. The ideal candidate will have a bachelor's degree in Accountancy and two years of professional experience. Position eligible for hybrid or remote work arrangements, with a competitive salary range of $55,000 to $62,000.

Qualifications

• Bachelor's degree with two years of professional level accounting experience.
• Certified Public Accountant (CPA) or equivalent certification is preferred.
• Experience with higher education financial operations is a plus.

Responsibilities

• Assist with accounting for gift funds and ensure compliance.
• Document accounting procedures for institutional knowledge.
• Participate in the year-end financial close process.
• Compile data for audit requests from external auditors.

Skills

Proficient in Microsoft Office (Excel, Outlook, Word)

Strong verbal and written communication skills

Ability to solve problems creatively

Ability to enforce policies while providing customer service

Detail-oriented work related to financial matters

Ability to meet deadlines

Education

Bachelor's degree in Accountancy or related field

Master's degree in Accountancy or related field

Job description

University Accounting & Finance Reporting

Sponsorship for Work authorization is not available for this position.

Job Summary

This position reports to and functions under the general administrative supervision of a Financial Accounting & Reporting Specialist within University Accounting Services (UAS), which is a division of University Accounting and Financial Reporting (UAFR) within the Office of the Vice President, Chief Financial Officer, and Comptroller. The Financial Accounting and Reporting Analyst assists the Financial Accounting & Reporting Specialist in the proper application of fund accounting guidelines within a public university setting in the State of Illinois. This includes (but is not limited to) responsibilities such as: providing oversight of university accounting processes; completing reconciliations; assisting with accounting functions related to various fund types (such as gift & self-supporting funds); completing support schedules and providing guidance to university units for the annual unrelated business income tax (UBIT) return; providing oversight to ensure compliance with various university, state, and federal policies and guidelines; completion of various monthly, quarterly, and annual reports and audit schedules; providing quality customer service/support to university units at all locations; participating in various special accounting projects; and performing various other accounting tasks as assigned. Ability to work under pressure is required at times to help ensure operational needs are met. This position is eligible for a hybrid or remote work arrangement, depending on unit operational needs.

Duties & Responsibilities

• Assist with accounting issues related to the management of gift funds to ensure compliance with the applicable rules and regulations. This includes (but is not limited to) reviewing and processing requests for new gift funds and working with departments to ensure compliance with donor intent restrictions and fund accounting guidelines. This helps ensure donor intent compliance and accurate financial reporting for the University of Illinois System.
• Document procedural information outlining the accounting theory and procedural steps necessary to complete various tasks related to gift funds and other essential operational accounting tasks. This is an important task to create essential documentation that contributes towards the documentation of institutional knowledge.
• Participate in the Year-End Fact Sheet process, which is an important part of the university's year-end close process to convert cash-basis accounting activities to an accrual basis. This important task helps to ensure the accuracy of the university's annual financial report.
• Contribute towards the review and completion of supporting schedules for the university's annual Unrelated Business Income Tax (UBIT) return to ensure compliance with the applicable guidelines outlined by the Internal Revenue Service (IRS) and university policy.
• Analyze various Banner transactions (such as invoice vouchers) to determine whether an accrual or deferral adjustment should be recorded to help ensure proper inclusion in the university's annual financial report.
• Help units in identifying financial accounting errors which need corrected (such as misclassified transactions on either the operating ledger or general ledger) and help teach Banner users how to correct these errors and how to avoid them in the future. This helps ensure more accurate financial statement reporting for the university.
• Compile data and supporting documentation to fulfill audit requests from external auditors, both in preparation for and during the annual external financial statement audit.
• Perform other duties as assigned which would be appropriate for a Financial Accounting and Reporting Analyst within UAS.

Minimum Qualifications

Bachelor's degree with a major in Accountancy or a related field AND two (2) years of professional level accounting experience. OR Possession of current registration as a Certified Public Accountant (CPA), Certified Management Accountant, or a valid license to practice Public Accounting (LPA). OR Master's degree in Accountancy or a related field. Additional education, training, and/or work experience in an area of specialization inherent to the position may be required:

Preferred Qualifications

• Certifications: Certified Public Accountant (CPA), and/or Certified Internal Auditor (CIA), and/or Certified Management Accountant (CMA)

Knowledge, Skills And Abilities

• Proficient computer skills and advanced knowledge of applicable computer systems. This would include advanced skills in Microsoft Office products such as Excel, Outlook, and Word.
• Ability to produce accurate, detail-oriented work related to financial matters within a higher education setting.
• Ability to enforce various applicable policies and regulations while still providing superior customer service.
• Ability to use creativity in problem-solving and ability to exercise independent professional judgment and discretion.
• Ability to propose ideas that improve and/or maintain the effectiveness of daily financial operations.
• Strong verbal and written communications skills to effectively present information and respond to requests for guidance and/or clarification.
• Ability to address and resolve challenging accounting issues and strong interpersonal skills to establish and maintain effective working relationships.
• Ability to meet deadlines.

Appointment Information

This is a 100% full-time Civil Service 5000 - Accounting Associate position, appointed on a 12-month basis. The expected start date is as soon as possible. The budgeted salary range for the position is $55,000 to $62,000. Salary is competitive and commensurate with qualifications and experience, while also considering internal equity. System Office jobs such as this one are not eligible for the Referral Program. For more information on Civil Service classifications, please visit the SUCSS web site at https://www.sucss.illinois.gov/pages/classspec/default.aspx.

Application Procedures & Deadline Information

Applications must be received by 6:00 pm (Central Time) on February 5, 2026. Apply for this position using the Apply Now button at the top or bottom of this posting. In order to be considered as a transfer candidate, you must apply for this position. Applications not submitted through https://jobs.illinois.edu will not be considered. If required by the position, transcripts or other documentation of credentials are to be provided no later than the first day of employment. For further information about this specific position, please contact Amanda Bubonic at [e-mail]. For questions regarding the application process, please contact 217-333-2137.

Other Information

At the University of Illinois Urbana‑Champaign — the state’s flagship public university and one of the world’s leading research institutions — every staff member helps shape what’s next. Founded in 1867, Illinois is home to a vibrant community of 59,000 students from all 50 states and 129 countries, supported by 15 colleges and instructional units, more than 20 research institutes, and one of the most comprehensive student service ecosystems in the nation. Whether you’re empowering first‑generation students, fueling breakthrough innovation, or strengthening communities across Illinois and beyond, your work here has a far‑reaching and deeply meaningful impact. The university offers a highly competitive benefits package designed to support your well‑being, growth, and financial security. Join a top 10 public university that has launched over 330 startups and continues to redefine excellence — where the Illinois Value Proposition ensures that your contributions are recognized, your potential is nurtured, and your career can thrive.

Artificial Intelligence

Artificial Intelligence (AI) tools may be used in some portions of the candidate review process for this position; however, all employment decisions will be made by a person.

Benefits

This position is intended to be eligible for benefits. This includes Health, Dental, Vision, Life Insurance, a Retirement Plan, Paid time Off, and Tuition waivers for employees and dependents.

Equal Opportunity & Accommodations

The University of Illinois System is an equal opportunity employer, including but not limited to disability and/or veteran status, and complies with all applicable state and federal employment mandates. Please visit Required Employment Notices and Posters to view our non‑discrimination statement and find additional information about required background checks, sexual harassment/misconduct disclosures, and employment eligibility review through E‑Verify. Applicants with disabilities are encouraged to apply and may request a reasonable accommodation under the Americans with Disabilities Act (2008) to complete the application and/or interview process. Accommodations may also be requested on the basis of pregnancy, childbirth, and related conditions, or religion.

Requisition ID

1034689

Job Category

Professional and Administrative

Apply at

https://jobs.illinois.edu