Financial Specialist

Remote Jobs; Madison (WI); On-site; USD 32,000 - 37,000; Full time

Benefits offered by this job

Vacation and holidays

Sick leave

Retirement benefits

Insurance

Job summary

The Wisconsin Institute for Discovery (WID) at the University of Wisconsin–Madison is seeking a Financial Specialist II or III to support faculty, staff, students, and guests with purchasing, travel arrangements, reimbursement, and financial transactions.

The role emphasizes excellent customer service, adherence to UW–Madison financial policies, and collaboration with a small administrative team. The successful candidate will handle varied responsibilities and prioritize tasks effectively.

Qualifications

• Experience processing various financial transactions (invoices, POs, expense reimbursements, using employer cards)
• Experience allocating expenses to funding sources
• Polite, accurate, timely customer service to internal and external stakeholders
• Ability to work independently and with colleagues to resolve issues
• Proven ability to manage multiple tasks and priorities
• Proficiency with Excel or similar spreadsheets

Responsibilities

• Create general reporting for transactions (10%)
• Draft communications and advanced reports; organize records (15%)
• Reallocate expenses to funding strings (10%)
• Answer advanced fiscal questions per materials and standards (15%)
• Audit or reconcile original purchase documents with payments (10%)
• Review internal controls and suggest policies (5%)
• Audit or process advanced transactions and assign funding codes (30%)
• Audit, monitor, update fiscal records and materials (5%)

Skills

Invoice processing

Funding allocation

Customer service

Independent work

Time management

Excel basics

Education

Associate degree

Bachelor's degree (preferred)

Tools

Workday

ShopUW+

Concur

Assetworks

Qualtrics

Job description

Current Employees

If you are currently employed at any of the Universities of Wisconsin, log in to Workday to apply through the internal application process.

Job Category

University Staff

Employment Type

Regular

Job Profile

Financial Specialist II

Job Summary

The Wisconsin Institute for Discovery (WID) is seeking an organized and dedicated Financial Specialist II or III to provide support for faculty, staff, students, and guests engaged in research and outreach activities. As part of a small administrative team, this position plays a critical role in purchasing, travel arrangement, reimbursement, and managing financial transactions. The successful candidate will demonstrate responsible financial judgment, efficiency, attention to detail, and the ability to communicate courteously and clearly in writing and verbally. Since this position serves as WID's primary point of contact for topics such as travel and purchasing, excellent customer service skills and professionalism are essential. We are seeking a Financial Specialist who can concisely and patiently provide information to faculty, staff, students, guests, and external stakeholders. This role requires the ability to interpret and adhere to UW-Madison financial policies and procedures as well as the terms and conditions of sponsored grants and gifts. With varied responsibilities and tasks, the Financial Specialist will have the opportunity to work both independently and collaboratively with Institute colleagues and other campus units.

Key Job Responsibilities

• 10% - Creates general reporting for transactions
• 15% - Drafts communications and advanced reports and maintains organization of varied records to provide administrative support within a specified work unit
• 10% - Reallocates expenses to appropriate funding strings
• 15% - Answers advanced fiscal questions and provides information based on set materials and standards to various audiences
• 10% - Audits or reconciles original purchase documents with payments
• 5% - Reviews transaction processing internal controls and recommends policies and procedures
• 30% - Audits or processes advanced transactions and assigns funding codes in accordance with established rules, regulations, and policies
• 5% - Audits, monitors, organizes, and updates fiscal records, reports, and affiliated materials

Department

Office of the Vice Chancellor for Research - Wisconsin Institute for Discovery

The Wisconsin Institute for Discovery is an innovative, interdisciplinary research institute on the campus of the University of Wisconsin-Madison that was built to develop a new approach to science driven by unlikely collaborations among outstanding research minds. Strengths in AI and Health, Engineering for Life, and Systems Optimization enable WID to advance basic research and rise to grand challenges.

The position will function under the general supervision of the Administrative Associate Director and will work closely with a small administrative team including an Accountant and two Research Administrators.

Compensation

This position is being posted at two levels. The chosen title and hourly rate will be determined based on the applicant's experience, qualifications, and skillset. Base rates are negotiable.

Financial Specialist II

• Finalists that qualify for the Financial Specialist II title can expect an annual base rate minimum starting at $23/hour.
• An applicant that meets the required qualifications and some of the preferred qualifications will be considered for a Financial Specialist II title.

Financial Specialist III

• More advanced and experienced finalists will qualify for the Financial Specialist III title with an expected annual base rate minimum starting at $27/hour.
• An applicant that meets the required qualifications and most of the preferred qualifications will be considered for the Financial Specialist III title. An applicant's additional unique experience, qualifications, or skillset may also support consideration for the Financial Specialist III title.

Employees in this position can expect to receive benefits such as generous vacation, holidays, and sick leave; competitive insurances and savings accounts; and retirement benefits.

Required Qualifications

• Experience processing varied financial transactions, such as invoices, purchase orders, expense reimbursements, or purchases with an employer credit card
• Experience allocating expenses to appropriate funding sources
• Demonstrated history of providing polite, accurate, and timely customer service to internal and external stakeholders
• Experience with both working independently to complete tasks and collaboratively with colleagues to resolve issues and support shared workflows
• Proven ability to manage and prioritize multiple concurrent tasks or projects
• Proficiency using Excel or other spreadsheet applications (comfortable with basic navigation, data entry, simple functions and formatting)

Preferred Qualifications

• Experience interpreting financial terms and conditions, including applying allowability rules, budget constraints, and compliance requirements to financial transactions
• Experience with Universities of Wisconsin financial systems and workflows, such as Workday, ShopUW+, Concur, Assetworks, or Qualtrics, including initiating and/or approving transactions and generating reports
• Experience with making work-related travel arrangements for others
• Experience working in a higher education setting
• Demonstrated ability to adapt to new and changing methods, requirements, and priorities
• Have excellent time management skills and capacity to work quickly and accurately. Ability to prioritize work to meet deadlines

Education

Required: Associate degree

Preferred: Bachelor's degree in business, accounting, public administration, or related fields

References: Finalists will be asked to provide contact information (phone and email) for three references, one of which must be a current or former supervisor. References will not be contacted without prior notice.

Contact Information

Johnny Wertz, [e-mail], 608-316-4496

Relay Access (WTRS): 7-1-1. See RELAY_SERVICE for further information.

Institutional Statement on Diversity

Diversity is a source of strength, creativity, and innovation for UW-Madison.

We value the contributions of each person and respect the profound ways their identity, culture, background, experience, status, abilities, and opinion enrich the university community.

We commit ourselves to the pursuit of excellence in teaching, research, outreach, and diversity as inextricably linked goals.

The University of Wisconsin-Madison fulfills its public mission by creating a welcoming and inclusive community for people from every background - people who as students, faculty, and staff serve Wisconsin and the world.

The University of Wisconsin-Madison is an Equal Opportunity Employer

Qualified applicants will receive consideration for employment without regard to, including but not limited to, race, color, religion, sex, sexual orientation, national origin, age, pregnancy, disability, or status as a protected veteran and other bases as defined by federal regulations and UW System policies. We promote excellence by acknowledging skills and expertise from all backgrounds and encourage all qualified individuals to apply. For more information regarding applicant and employee rights and to view federal and state required postings, visit the Human Resources Workplace Poster website.

To request a disability or pregnancy-related accommodation for any step in the hiring process (e.g., application, interview, pre-employment testing, etc.), please contact the Divisional Disability Representative (DDR) in the division you are applying to. Please make your request as soon as possible to help the university respond most effectively to you.

Employment may require a criminal background check. It may also require your references to answer questions regarding misconduct, including sexual violence and sexual harassment.

The University of Wisconsin System will not reveal the identities of applicants who request confidentiality in writing, except that the identity of the successful candidate will be released. See Wis. Stat. sec. 19.36(7).

The Annual Security and Fire Safety Report contains current campus safety and disciplinary policies, crime statistics for the previous 3 calendar years, and on-campus student housing fire safety policies and fire statistics for the previous 3 calendar years. UW-Madison will provide a paper copy upon request; please contact the University of Wisconsin Police Department.