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Facilities Strategic Resources Finance Analysis Management 1

About the Department

Facilities Services supports the mission of the University of Chicago through efforts to maintain and enhance the University campus and environment and provide superior client service to our community including faculty, students, staff, neighbors and visitors.

Job Summary

Reporting to the Financial Analysis Management, the Senior Financial Analyst provides support for special projects, assists with ad hoc reporting and addresses requests for information to support the changing business needs of Facilities Services. This position supports the University by recommending and implementing changes in analyses and budgetary methods and procedures, as well as analysis and financial reporting. The Senior Financial Analyst position requires specialized depth and/or breadth of expertise, interprets internal or external University issues and recommends best practices. This position also solves complex problems, takes a broad perspective to identify innovative solutions and works independently, with guidance in only the most complex situations.

Responsibilities

• Consolidates and analyzes the projections against actual results. Adjusts forecasts monthly and provides variance explanations.
• Fosters sound financial management of project and operating budgets by conducting financial meetings with all stakeholders. Prepares monthly financial reports, which includes written variance explanations and risk analysis based on actual results and collaboration with clients.
• Responsible for developing ad hoc reporting requests and monthly close activities such as ensuring contract encumbrances are accurate, recharge fees are properly recorded, and appropriate journal entries are booked. Manage and oversee fees and assessments.
• Vet and confirm available funding for new contracts and contract changes. Reviews contractors\' pay applications to ensure support documentation is sufficient and complies with contract terms, and Standard Operating Procedures. Identify and report any financial risk.
• Identifies current and future resource planning and allocation issues and develops, leads, and supervises complex studies and analyses that will assist senior staff in reaching resource planning and allocation decisions.
• Fosters planning and resource allocation by developing benchmarking tools that are useful to analyze expenses and budgets.
• Drafts updates and contributes to the maintenance of the Finance Policy and Procedure Manual.
• Provides high-level specialized analysis and administration of the budget process. Reviews and partners with senior staff from all units to ensure budget proposals are accurate, complete, and in compliance with established procedures, regulations, and organizational objectives.
• Advises others on operational budgets. Reports on variances between the approved budget and actual performance and recommends revised procedures.
• Provides analytical support for complex budget projects. Analyzes budget estimates and proposals for completeness, accuracy, and conformance with established procedures, regulations, and organizational objectives.
• Support finance team members with reporting tools as needed.
• Performs other related work as needed.

Minimum Qualifications

Education:

Minimum requirements include a college or university degree in related field.

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Work Experience:

Minimum requirements include knowledge and skills developed through 7+ years of work experience in a related job discipline.

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Certifications:

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* referred Qualifications*

Education:

• BS/BA Accounting, Finance, or Economics.
• MBA.

Experience:

• Five years of accounting experience in a University environment.
• Experience in financial modeling.

Technical Skills or Knowledge:

High level of Business Objects knowledge.

Experience with e-Builder Project Management software.

Computer literate in Microsoft Word and other Microsoft Applications. Advanced in Microsoft Excel, which includes advance usage of pivot tables, v-lookups, macros etc.Previous experience developing relational databases (i.e. Access).

Strong mathematical, analytical and problem-solving skills.

Highly organized and detail-oriented to track multiple open issues in a timely, efficient, and accurate manner.

Ability to be an analytical and critical thinker.

A capable and eager team-player willing to work well with others within a team-oriented Finance team and demonstrates a professional and cooperative tone with team members and customers.

An ability to communicate a complex practice and issue at a p