Financial Accounting & Reporting Analyst-Hybrid In State

Laseagrant; Urbana, Northern (IL, KY); Hybrid; USD 58,000 - 62,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

Retirement plan

Paid time off

Tuition waivers

Job summary

The University Accounting and Financial Reporting division at the University of Illinois System is seeking a Financial Accounting and Reporting Analyst to support fund accounting, reconciliations, and UBIT compliance. The role requires collaboration with the Associate Director and provides hybrid/remote options.

Responsibilities include bank reconciliations, documentation, year-end close tasks, audit support, and guidance on service plan funds, student enrollment deposits, and general ledger

Qualifications

• Bachelor's degree in Accountancy or related field; two years of accounting experience OR CPA/CIA/CMA or related license.
• Master's degree in Accountancy or related field is acceptable.

Responsibilities

• Prepare and complete system-wide bank reconciliations with issue investigation.
• Document accounting procedures for bank reconciliations and operational tasks.
• Analyze Banner transactions to determine accrual or deferral adjustments.
• Contribute to Year-End Fact Sheet and conversion to accrual accounting.
• Support UBIT return preparation and compliance with IRS guidelines.
• Assist units in identifying and correcting accounting errors and training Banner users.
• Provide guidance on service plan funds and student enrollment deposit funds.
• Compile data for external audit requests.
• Prepare documentation of accounting theory and procedures.
• Perform other duties as assigned.

Skills

Fund accounting

Bank reconciliations

Banner Finance

MS Access

Excel

Attention to detail

Policy enforcement

Problem solving

Process improvement

Communication

Time management

Education

Bachelor's degree in Accountancy

Master's degree in Accountancy

CPA/CIA/CMA certification

Tools

Banner Finance module

Microsoft Access

Microsoft Excel

Job description

University Accounting and Financial 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 an Associate Director 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 Associate Director 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 bank and fund reconciliations; assisting with accounting functions related to various fund types (such as 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

• Prepare and complete several of UAFR's system-wide bank reconciliations. This includes investigating any bank reconciling errors, reviewing appropriateness of transactions by both the banks and the university, communicating effectively with the appropriate parties regarding bank reconciliation items, and ensuring the proper correcting entries are made in Banner when applicable. This is an important task critical to the operations of the University of Illinois System.
• Document procedural information outlining the accounting theory and procedural steps necessary to complete various system-wide bank reconciliations and other essential operational accounting tasks. This is an important task to create essential documentation that contributes towards the documentation of institutional knowledge.
• 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.
• 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.
• 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.
• Provide guidance, oversight, and accounting expertise on service plan funds (such as the Medical Service Plan funds). This includes (but is not limited to) reviewing and processing requests for new Service Plan funds, serving as a point of contact for questions related to service plan funds, and helping document institutional knowledge and procedural instructions related to service plan funds.
• Provide guidance, oversight, and accounting expertise on issues related to student enrollment deposit funds. This includes reviewing student enrollment deposit funds for compliance with accounting guidelines, reviewing, and processing requests for the creation and/or termination of student enrollment deposit funds, and serving as a subject matter expert on student enrollment deposit funds to the university community.
• Compile data and supporting documentation to fulfill audit requests from external auditors, both in preparation for and during the annual external financial statement audit.
• Document procedural information outlining the accounting theory and procedural steps necessary to complete various operational accounting tasks. This is an important task to create essential documentation that contributes towards the documentation of institutional knowledge.
• 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.ORPossession of current registration as a Certified Public Accountant (CPA), Certified Internal Auditor (CIA), Certified Management Accountant (CMA), or a valid license to practice public accounting.ORMaster's degree in Accountancy or a related field.

Preferred Qualifications

Preferred:

• 1. Certified Public Accountant (CPA), and/or
• 2. Certified Internal Auditor (CIA), and/or
• 3. Certified Management Accountant (CMA)

Knowledge, Skills and Abilities

• 1. 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.
• 2. Ability to produce accurate, detail-oriented work related to financial matters within a higher education setting.
• 3. Ability to enforce various applicable policies and regulations while still providing superior customer service.
• 4. Ability to use creativity in problem-solving and ability to exercise independent professional judgment and discretion.
• 5. Ability to propose ideas that improve and/or maintain the effectiveness of daily financial operations.
• 6. Strong verbal and written communications skills to effectively present information and respond to requests for guidance and/or clarification.
• 7. Ability to address and resolve challenging accounting issues and strong interpersonal skills to establish and maintain effective working relationships.
• 8. Ability to meet deadlines.
• 9. Understanding of fund accounting principles and a working knowledge of how to apply them in a public university setting within the State of Illinois to ensure compliance with various policies, guidelines, and regulations.
• 10. Basic working knowledge of how to navigate within the Banner Finance module.
• 11. Familiarity with Microsoft Access, including the ability to edit and run queries.

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 $58,000 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 October 14, 2026.

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.

Champaign-Urbana

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.

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.

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. Requests may be submitted through the reasonable accommodation portal , or by contacting the Office for Access & Equity at 217-333-0885, option #1, or [e-mail] .