Financial Analyst

Northwestern University; Chicago (IL); On-site; USD 56,782 - 60,158; Full time

Benefits offered by this job

Health care plans

Retirement benefits

Tuition discounts

Job summary

Northwestern University seeks a candidate for a role focused on Clinical Trial Accounting within the Cancer Center. This position involves managing financial operations, preparing financial reports, and ensuring compliance with grants. The ideal candidate has a Bachelor's degree in a relevant field or equivalent experience, along with at least 2 years of financial administration experience. Benefits include competitive health care plans and support for flexible work arrangements.

Qualifications

• 2 years financial, budgeting & preparing account reconciliations or financial statements along with financial analysis experience.

Responsibilities

• Manage financial operations & analysis in support of Clinical Trial Accounting.
• Prepare analysis & reports including budget updates and fund reallocations.
• Ensure compliance with granting agency guidelines for research projects.

Skills

Intermediate Knowledge of Excel

Clinical Trial Experience

Education

Bachelor's Degree in Accounting, Business Administration, Finance or related field

Job description

Job Details

Job ID: 53338

Location: Chicago, Illinois

Department and Salary

Department: MED-Cancer Center

Salary/Grade: EXS/6

Note: Target hiring range for this position will be between $56,782.00 - $60,158.00. Offered salary will be determined by the applicant's education, experience, knowledge, skills and abilities, as well as internal equity and alignment with market data.

Job Summary

Supports a university Clinical Trial Accounting-related area or program. Manages financial operations &/or analysis in support of area/unit's mission & in coordination with other offices within the Cancer Center and Northwestern University's Medical Affiliates such as Sponsored Research, Northwestern Memorial HealthCare Corporation, etc. Reviews a portfolio of multiple schools/depts' financial operations comprised of work that involves some complex problems &/or decisions.

Specific Responsibilities

Budget

• Participates in determination of including fiscal resource allocation of appropriated, discretionary, endowment &/or gift revenues.
• Prepares analysis & reports.
• Provides account management for Clinical Trials.
• Assists with budget projects.
• Updates budget estimates & provides commitment tracking support for all financial activity.
• Approves funds reallocation within budget as necessary & appropriate.

Analysis, Statements & Reporting

• Creates daily, monthly, annual, &/or project end analysis & reports regarding area/unit, grants &/or awards, accounts, funds, payroll, expense &/or revenue allocation, customer service activity, etc.
• Performs financial account reconciliations, statement analysis, and transaction research.
• Provides support for annual audit workpapers and quarterly financial statement workpapers.
• Maintains, and updates financial models and analysis.

Transactions

• Reviews; ensures approval based on alternatives regarding practice & policy; analyzes and classifies transactions in accordance with established chart or coding of accounts; creates new accounts; prepares, processes, reconciles & provides receipts (as appropriate) for transactions.
• Processes transfer &/or appropriation charges & may balance &/or close accounts.
• Troubleshoots problems; performs vendor/account research as needed; obtains additional information from or provides instruction & guidance for customers/vendors; corrects or escalates.
• Reviews status of related university accounts, transactions and processes; troubleshoots issues as needed.

Grants &/or Awards

• Works with Dept &/or Research Administrator regarding financial grants management issues. Industry Sponsored Clinical Trials.
• Provides data for grant proposals; submits proposals
• Develops &/or administers budgets; coordinates IRB/IACUC, OSR/ASRSP transactions, &/or effort reporting.
• Interacts with faculty, staff &/or funders to build relationships, transfer knowledge, &/or advise on research policies & procedures.
• Monitors commitments and expenditures to ensure compliance with granting agency guidelines.
• Verifies accurate set up of sponsored project accounts.

Administration

• Identifies sources for data & information to be used & completes special financial projects such as analysis of ad hoc reports. This involves analysis of ad hoc reports.
• Performs general office support activities.

Minimum Qualifications

• Bachelor's Degree in Accounting, Business Administration, Finance or related field; OR 2 years financial administration work experience; OR equivalent combination education and experience where similar knowledge, skills, and abilities may be acquired.
• 2 years financial, budgeting &/or preparing account reconciliations or financial statements along with financial analysis experience.

Minimum Competencies

• Intermediate Knowledge of Excel.

Preferred Qualifications

• Clinical Trial Experience

Benefits

At Northwestern, we are proud to provide meaningful, competitive, high-quality health care plans, retirement benefits, tuition discounts and more. Visit us at https://www.northwestern.edu/hr/benefits/index.html to learn more.

Work-Life and Wellness

Northwestern offers comprehensive programs and services to help you and your family navigate life's challenges and opportunities, and adopt and maintain healthy lifestyles. We support flexible work arrangements where possible and programs to help you locate and pay for quality, affordable childcare and senior/adult care. Visit us at https://www.northwestern.edu/hr/benefits/work-life/index.html to learn more.

Professional Growth & Development

Northwestern supports employee career development in all circumstances whether your workspace is on campus or at home. If you're interested in developing your professional potential or continuing your formal education, we offer a variety of tools and resources. Visit us at https://www.northwestern.edu/hr/learning/index.html to learn more.

Northwestern University is an Equal Opportunity Employer and does not discriminate on the basis of protected characteristics, including disability and veteran status. View Northwestern's non-discrimination statement. Job applicants who wish to request an accommodation in the application or hiring process should contact the Office of Civil Rights and Title IX Compliance. View additional information on the accommodations process.