Financial Assistant, Finance and Administration

Northwestern University; Evanston (IL); Hybrid; USD 32,000 - 34,000; Full time

Benefits offered by this job

Health benefits

Tuition benefits

Hybrid work schedule

Retirement savings plan

Job summary

The Financial Assistant at Northwestern University’s Alumni Relations & Development department in Evanston supports financial operations, helping ensure compliance, monitor budget activity, assist with revenue management, and support projects for the Finance and Administration team.

Responsibilities include reviewing and entering financial transactions, training coworkers on financial systems, producing reports and queries, and providing customer service for ARD staff, while maintaining

Qualifications

• Minimum qualifications include a high school diploma or equivalent.
• 3 years accounting or bookkeeping experience or an equivalent combination of education and experience.
• Familiarity with financial reporting and computer systems.

Responsibilities

• Maintains and tracks individual budget accounts and assists with the annual budget process.
• Prepares and reviews financial transactions, reports and queries for managers.
• Provides training and customer service for coworkers using financial systems.

Skills

Computer skills

Spreadsheet proficiency

Database proficiency

Word processing

Education

Bachelor's degree or equivalent

Tools

iModules platform

Job description

Department: Alumni Relations & Development

Evanston, Illinois

Salary/Grade: NEX/11

The target budgeted hourly rate for this position is $23.50 to $24.50 per hour. 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: The Financial Assistant supports Alumni Relations and Development's financial operations, helping to ensure compliance, troubleshooting logistical issues, monitoring budget activity, assisting with revenue management, and supporting various projects and initiatives for ARD's Finance and Administration team. Regular responsibilities include financial transaction review and entry, training and customer service for coworkers using financial systems, and financial reporting. The Financial Assistant collaborates with other members of the Finance and Administration team, along with client team members, to ensure financial activities are completed in a timely, accurate, and compliant manner, while maintaining a high level of customer service for Alumni Relations and Development staff.

This role is eligible for a hybrid work arrangement, up to two days remote and three onsite.

Supervisor provides objectives & deadlines. Work is reviewed for fulfillment of objective & deadlines & overall compliance with policy & procedures. EE completes some activities without direction, informing supervisor only of potentially controversial matters, &/or far-reaching implications.

Specific Responsibilities

Budget:

• Maintains & tracks individual budget accounts.
• Coordinates annual budget process including tasks associated with the open/close processes.
• Updates calendar, spreadsheets, templates & forms; monitors submissions.
• Completes reconciliation procedures.
• Creates summary reports.

Analysis, Statements & Reporting:

• Prepares account, budget, cost, expenditure &/or funds analysis.
• Provides reports to managers in tracking payment status & notification when balances & activities do not comply with policy, procedures or are inadequately prepared.
• Creates reports & queries; reviews for incomplete records, data entry errors, &/or accounting mistakes.
• May analyze open encumbrances that are no longer valid & recommend appropriate modifications to ensure smooth processing of financial transactions.

Transactions:

• Completes & maintains transactions in enterprise systems.
• Provides review and oversight of all types of financial transactions some of which may be complex in regard to size or duration of account.
• Reconciles electronic financial transactions made through iModules platform and creates cash receipt tickets to move funds into the respective chart strings.
• Reviews; ensures approval based on alternatives regarding practice & policy.
• Troubleshoots problems.
• Performs vendor/account research as needed.
• Obtains additional information from or provides instruction & guidance for customers/vendors; corrects or escalates.
• Accesses multiple banking systems to process transactions, retrieve information, &/or initiate wire transfers.
• Provides financial policy interpretation to determine the validity of customer requests & ensure compliance.
• Contacts outside agencies, banks &/or banking systems to obtain clarification of rules &/or regulations.
• Enters information into database.

Administration:

• Provides excellent customer service, over the phone and in person answering standard questions regarding status of requests, policies and procedures for processing transactions, &/or instructions for completing paperwork.
• Instructs & advises regarding options and appropriate courses of action & follows-up inquiries to ensure customer satisfaction.
• Provides administrative support in regard to HR matters such as hiring and onboarding.
• Completes other administrative &/or clerical activities such as organizing meetings; reserving AV equipment.

Training:

• Assists with training of new staff members
• Creates & provides financial training on practice, procedure, policy &/or laws & regulations to customers.

Miscellaneous

Performs other duties as assigned.

Minimum Qualifications

• High school diploma or the equivalent.
• 3 years accounting &/or bookkeeping experience or the equivalent combination of education & experience.

Minimum Competencies (Skills, knowledge, and abilities.)

• Excellent computer skills including proficiency in the use of spreadsheet, database and word processing software.
• Familiarity with financial reporting.

Preferred Qualifications

• Bachelor's degree or equivalent combination of education and experience from which comparable knowledge and abilities can be acquired. Business Administration and/or Financial experience a plus.

Preferred Competencies (Skills, knowledge, and abilities)

• Working knowledge of accounting and business principles, methods, and techniques; strong analytical and mathematical skills; critical thinking and problem solving skills
• Ability to prioritize work for self; strong organizational and interpersonal skills; adeptness at handling detail; ability to multitask and resourcefulness is key
• Excellent communication and customer service skills, the ability to write clearly and concisely for various mediums is desirable, ability to maintain composure during high stress situations, and ability to work with varying personalities and staff requirements
• Ability to maintain highly confidential information on a variety of sensitive subjects

Benefits

At Northwestern, we are proud to provide meaningful and competitive benefits. The available benefits package for this position will include health, dental, vision, disability, and life insurance; paid vacation and holidays; paid medical/sick and parentalleave;tuition benefits for the employee and dependents; pre-tax and flex spending accounts for commuting and dependent care; generous retirement savings options; and wellness programs. For a comprehensive overview of available benefits, including eligibility details, 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.