Financial Analyst

Indiana University Bloomington; Bloomington (IN); On-site; USD 63,000 - 65,000; Full time

Benefits offered by this job

Comprehensive medical and dental

Tuition subsidy for IU courses

10 paid holidays

Generous paid time off

Job summary

Indiana University Bloomington invites applications for a Finance Analyst within the College of Arts and Sciences. The role focuses on managing auxiliary activity, reviewing rates, ensuring compliance with recharge accounting, and delivering accurate financial reporting for multiple units.

Strong analytical skills, budgeting experience, and the ability to drive multiple projects are essential. The position requires a Bachelor’s degree in accounting, finance, or a related field, plus at least two

Qualifications

• Bachelor's degree in accounting, finance, or related field.
• 2 years in finance, financial administration, accounting, or a related field.
• Experience in a higher education environment and with auxiliaries and accrual accounting is preferred.

Responsibilities

• Performs detailed periodic fiscal analysis of income statements, balance sheets, and cash flows.
• Provides specialized financial analysis using measures such as past performance, economic conditions, and investment risk.
• Interprets fiscal policies and guides lower-level staff; may serve as fiscal delegate for department accounts.
• Presents findings using spreadsheets, charts, graphs, and reports; ensures data accuracy and suggests corrections.

Skills

Analyze financial data

Analytical skills

Independent work

Time management

Initiative

Multi-project management

Communication

Education

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

Tools

Excel

Pivot Tables

Database skills

KFS

HRMS

Chrome River

IUIE

Buy.IU

Emburse

Job description

Department

ARTS & SCIENCES; DEAN (BL-ARSD-IUBLA)

Department Information

The College of Arts andSciences is the largest academic unit at Indiana University(IU) Bloomington. It is composed of 40 plus departments, 50 plusCenters, Programs, and Institutes, while also including theEskenazi School of Art, Architecture and Design, the Hamilton LugarSchool of Global and International Studies, and The Media School.Faculty in the College teach over 50 percent of the IndianaUniversity Bloomington credit hours and the College occupies about1.3 million square feet of space in 80 plus buildings on theBloomington campus.

Job Summary

Department-Specific Responsibilities

• Collaborates with the Assistant Director of Auxiliary Services,and is responsible for managing auxiliary activity within theCollege of Arts and Sciences and serves as a resource for financialauxiliary oversight.
• Performs bi-annual rate reviews for units, reviews, andapproves auxiliary transactions, maintains compliance according torecharge accounting policy, and serves as the departmentalauxiliary liaison with the College of Arts and Sciences (TheCollege) and other administrative and service units as it relatesto auxiliary activity.
• Serves as fiscal officer delegate for The College auxiliaryaccounts and oversees auxiliary activity for assigned facilities,monitors and coordinates activities with the facilities directors,and works with The College Assistant Director for Auxiliaries toimplement and monitor financial practices, and provides reportingto Recharge Accounting.
• Monitors expenditures and income to ensure financial stabilityis accurately evaluated, initiates requests for new revenueproducing activities, and updates for on-going activities asappropriate.
• Stays up to date on federal guidelines as they apply torecharge accounting and federal fund expenditures.
• Meets regularly with auxiliary directors and managers toreview, analyze, and advise on the status of their accounts andestablish projected goals, ensuring managers are trained inoperating policies and procedures following IU guidelines, andcomplying with federal regulations.
• Formulates, affects, interprets, and implements managementpolicies and operating practices related to the auxiliary facilityoperations.
• Analyzes internal processes, recommends, develops, andimplements departmental procedural or policy changes to improve andensure operational efficiency, effectiveness, and quality customerservice.
• Performs monthly, quarterly, and annual reporting and analysison various departmental accounts, assembles and providesstatistical data and ad hoc reporting to the department financialleaders, and outside agencies as requested for completing reportsand surveys.
• Applies knowledge to accepted procedures and standards,performs financial and administrative tasks related to managing thedaily and long-term financial and/or administrative operations forresearch laboratory services, research support services, or studentand public facing enterprise or recharge organizations within aschool or college.
• Makes recommendations on policies and guidelines fordivision/department activities.
• Monitors closely all expenditures and revenue generation toensure regulatory compliance and fiscal integrity.
• Manages auxiliary recharge and enterprise accounts andcomprehends the basics of other account types and purposes.
• Develops, plans, and makes recommendations on special projects,which may include space allocations, staffing, equipment purchases,and long-range plans.
• Prepares operating and project budget drafts. Regularlyexplains financial concepts to non-financial employees.
• Monitors division/departmental budgets and resolves orrecommends resolutions for any significant deviations from approvedbudgets.
• Provides guidance to lower-level employees withindepartments.

General Responsibilities

• Performs detailed periodic fiscal analysis of incomestatements, balance sheets, and cash flows and compiles trends toguide financial decisions.
• Provides specialized financial analysis support using measuressuch as past financial performance, economic conditions, price,yield, stability, and investment risk.
• Interprets fiscal policies and acts as a resource todepartment; may provide guidance to lower-level employees.
• May serve as fiscal delegate for department accounts.
• Presents findings using tools such as spreadsheets, charts,graphs, and technical reports.
• Verifies accuracy of data and makes recommendations forcorrections.

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 accounting, finance, or relatedfield.

WORK EXPERIENCE

Required

• 2 years in finance, financial administration, accounting, orrelated field.

Preferred

• Experience in a higher education environment.
• Fiscal or accounting experience.
• Experience with auxiliaries and accrual accounting.

LICENSES AND CERTIFICATES

Preferred

• Certified Public Accountant (CPA) certification upon date ofhire.

SKILLS

Required

• Ability to analyze and interpret financial data.
• Demonstrates analytical skills.
• Articulate and responsive to colleagues.
• Demonstrates a high level of accuracy, even underpressure.
• Performs work independently with minimal supervision.
• Demonstrates time management and priority setting skills.
• Possesses a high degree of initiative.
• Ability to drive multiple projects to successfulcompletion.

Preferred

• Proficient written and verbal communication skills.
• Maintains a high degree of professionalism.
• 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.
• Possesses an intermediate understanding of technology.
• Experience using electronic platforms to perform varioustasks.
• Demonstrated experience solving problems with independentthought
• Proficiency in computer systems, including standard Officesoftware; advanced Excel and database skills, including familiaritywith complex formulas and Pivot Tables.
• Ability to use standard office equipment such as phone, fax,scanner, etc.
• Experience managing workflows, processes, and/or dataentry.
• Possesses intermediate accounting skills; ability to spotobvious errors; ability to develop a budget and financialforecasts.
• Demonstrates ability to interpret and apply concepts andpolicies to daily work functions.
• Ability to clearly present material and make it accessible to avariety of audiences.
• Ability to interpret financial documents from an accounting,policy, and practice perspective.
• Knowledge of IU policies, procedures, and systems, includingknowledge and experience with KFS, KC, HRMS, Chrome River, IUIE,CORT, Buy.IU and Emburse.
• Strong analytical skills.
• Attention to detail, the ability to set priorities, andexcellent problem-solving skills are critical.
• Excellent interpersonal skills for working collaboratively andstrategically within a shared space.
• Thorough knowledge and understanding of business operations andprocess improvement.
• Ability to train, present, and explain financial informationand processes to non-financial audiences.
• Ability to lead and manage multiple departmental projects atonce, managing competing priorities and deadlines.

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

Advertised Salary

$63,000 - $65,000 annually

Benefits Overview

For full-time staff employees, Indiana University offers a widearray 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, 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: Financial Analysis

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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. To guarantee full consideration, pleasesubmit your application within 5 business days of the PostedDate.

If you wish to include a cover letter, you may include it with yourresume when uploading attachments.

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

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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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