Financial and Operations Analyst

The University Of Chicago; Chicago (IL); Hybrid; USD 75,000 - 90,000; Full time

Job summary

The Financial and Operations Analyst at The University of Chicago supports financial planning, budgeting, invoicing, and expenditure tracking for the Office of the Vice President for Research. This role coordinates grant and contract administration in compliance with university guidelines and supports data reporting and facilities management.

The ideal candidate is detail-oriented, proactive, and adaptable, able to work in a fast-paced academic environment and handle confidential information,

Qualifications

• Bachelor's degree or higher in finance or related field.
• 2–5 years of financial or operations experience.
• Familiarity with university financial systems and GAAP.

Responsibilities

• Maintain the general ledger in GAAP compliance and perform journal entries and period-end closing.
• Monitor ledger variances and prepare journal entries to ensure expenses are recorded to correct accounts.
• Prepare annual budgets and monthly forecasts using UCPLAN; monitor variances and provide management reports.
• Prepare monthly budget-vs-actual reports and assist with financial statements and ad hoc analyses.
• Support procurement in Oracle; assist with transactions in Concur and Workday; advise on procurement policies.

Skills

Financial management

Budgeting

Reporting

Microsoft Office

AI tools (Claude)

Interpersonal communication

Discretion

Education

Bachelor's or advanced degree in financial management

Tools

Oracle

Concur

Workday

Job description

## Financial and Operations AnalystApplyremote type: Hybridlocations: Chicago, ILtime type: Full timeposted on: Posted Todayjob requisition id: JR34727**Department**Provost Office of Research**About the Department**The University of Chicago’s Office of the Vice President for Research leads research strategy, corporate engagement, entrepreneurship and innovation, and research support. The office collaborates with UChicago leaders, faculty, units, and external partners to identify and foster ambitious opportunities to expand the reach of research and innovation; drive collaborations, funding, and other activities to support research and scholarship; and advance collective research activities across the University.**Job Summary**The Financial and Operations Analyst provides comprehensive financial and operational support to the Office of the Vice President for Research at the University of Chicago, playing a key role in advancing the office’s research mission. This role supports financial planning, budgeting, invoicing, and expenditure tracking; coordinates grant and contract administration in compliance with university, federal, and private foundation guidelines; and supports data reporting, facilities management, and general office operations. Working closely with the Office of the Vice President for Research team, this position supports the development and execution of standard operating procedures, operational and strategic plans, maintains relevant policies and procedures, and ensures compliance with University guidelines. The ideal candidate is a detail-oriented, proactive, and adaptable professional who exercises sound judgment and discretion, thrives in a fast-paced academic environment, and brings a genuine interest in research infrastructure, finance, and operations.**Responsibilities*** Maintain the general ledger in compliance with GAAP and University policies, including account creation, journal entries, expense transfers, and period-end closing in Oracle and other financial systems as needed.* Monitor the general ledger for spending activity and budget-vs-actual variances; submit journal entries and cost corrections as needed to maintain accuracy and ensure expenses are recorded to the correct accounts.* Prepare accurate annual budgets and monthly forecasts using the department's budgeting and planning system (UCPLAN); monitor variances and provide reporting to management in a timely manner.* Prepare and distribute monthly budget-vs-actual reports at the departmental and consolidated levels; support preparation of financial statements and ad hoc analyses for senior leadership.* May provide approvals for post-award activities as directed by Director of Administration and Operations as well as sponsored research and sponsored programs teams.* Support procurement activities across the department by submitting operational and high-value procurement requests in Oracle; assist staff with transactions in Oracle, Concur, and Workday; and provide guidance on University procurement policies and procedures.* Reconcile accounts and process transactions across University financial systems; manage year-end closeouts and new fiscal year planning.* Serve as secondary financial approver for entity transactions including procurement, costing allocations, and expense reimbursements.* Support communications and coordination with the university community, research affiliates, and external stakeholders on administrative matters associated with the Office of the Vice President for Research, including grant and contract administration workflows.* Perform complex and diverse administrative duties in support of the day-to-day operations of the Office of the Vice President for Research, including the maintenance and development of office-wide policies and procedures.* Handle highly sensitive and confidential information with the highest level of tact and discretion.* May assist with human resources activities for unit staff, including position and compensation planning, recruitment support, and new employee onboarding.* Support facilities needs, space planning, and vendor relationships; assist with operational planning and process improvement initiatives.* Analyzes and prepares budgets, creates accounts, and works with the financial accounting system to allocate, authorize, monitor, and control expenses.* May work with other administrators on the procurement process, allocates expenditures for authorization, and advises in communications regarding funding agencies, subcontractors, and others at the instruction and direction of others.* Performs other related work as needed.**Minimum Qualifications****Education:**Minimum requirements include a college or university degree in related field.**Work Experience:**Minimum requirements include knowledge and skills developed through 2-5 years of work experience in a related job discipline.**Certifications:****---****Preferred Qualifications****Education:*** Bachelor's or advanced degree in financial management or other related field.* 2–5 years of relevant financial or operations experience, preferably in a higher education or research setting.**Preferred Competencies*** Strong proficiency in financial management, budgeting, and reporting; familiarity with university financial systems.* Demonstrated ability to manage multiple priorities simultaneously and work effectively in a fast-paced, deadline-driven environment.* Proficiency with Microsoft Office Suite (Word, Excel, Outlook, PowerPoint).* Comfort with AI tools (e.g., Claude) to support operational and administrative efficiency and related tasks.* Excellent interpersonal, written, and verbal communication skills; ability to interact professionally with faculty, senior administrators, and external partners.* High degree of discretion and judgment in handling confidential and sensitive information.* Experience working in a university, research, or academic setting.* Familiarity with University of Chicago financial system (Oracle).* Knowledge of federal grant regulations and research compliance requirements.**Working Conditions*** Hybrid work schedule, which includes in-office presence multiple days a week.* Use computers extensively throughout the workday, 4 hours or more.* Stand for 2 to 4 hours.* Sit for 4 hours or more.* Use standard office equipment and troubleshoot IT equipment in a remote/hybrid environment.* Some evening and weekend work.**Application Documents*** Resume (Required)* Cover Letter (Preferred)The University of Chicago uses AI-assisted tools to streamline and augment some recruitment processes; however, AI is not used to make hiring decisions. When applying, the document(s) **MUST** be uploaded via the **My Experience** page, in the section titled **Application Documents** of the application.**Job Family**Financial Management**Role Impact**Individual Contributor**Scheduled** **Weekly Hours**37.5**Drug Test Required**No**Health Screen Required**No**Motor Vehicle Record Inquiry Required**No**Pay Rate Type**Salary **FLSA Status**Exempt **Pay Range**$75,000.00 - $90,000.00The included pay rate or range represents the University’s good faith estimate of the possible compensation offer for this role at the time of posting.**Benefits Eligible**YesThe University of Chicago offers a wide range of benefits programs and resources for eligible employees, including health, retirement, and paid time off. Information about the benefit offerings can be found in the Benefits Guidebook.**Posting Statement**The University of Chicago is an equal opportunity employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender, gender identity, or expression, national or ethnic origin, shared ancestry, age, status as an individual with a disability, military or veteran status, genetic information, or other protected classes under the law. For additional information please see the University's Notice of Nondiscrimination.