Job Description:

• Responsible for accounting, budgets and financial controls, payroll, purchasing, risk management, and treasury for the University.

• Sets financial strategy that impacts University functions such as grant awards, clinical research, and investments of capital.

• Oversees the financial management of operating and capital budgets for divisions and University-wide administrative units.

• Develops long and short term financial goals, business strategies/plans, and financial forecasts/models for all major service programs and initiatives.

• Coordinates quarterly and year-end reporting for the operating budget.

• Responsible for the overall health and sustainability of the department's financials in alignment with short and long term strategic initiatives.

• Establish department goals, forecast requirements, prepare/support management for department annual budget including analysis and corrective action to ensure that budget goals are met.

• Facilitate, deliver and prepare reports, provide robust analysis and communicate to key stakeholders on financial and operational direction.

• Communicate, research and disseminate information on divisional, institutional or regulatory policies needed to maintain quality and customer service standards.

• Represent leadership team using operational excellence mindset to mentor, train, educate, and work to established outcomes.

• Lead a high performing team to implement and support the departmental financial portfolio in line with strategic objectives.

• Works independently to maintain and support the planning and execution of financial strategy.

• Uses best practices and in-depth financial knowledge to assist in the preparation of annual budgets. Works with minimal guidance to provide analytical support for complex budget projects. Examines past budgets and researches economic and financial developments that affect spending.

• Reviews estimated expenditures. Develops expenditure projections and periodic budget variance reports. Prepares forecasts as well as analyses.

• Acts as a resource for team members, solves complex problems. Explains complex and sensitive information.

• Performs other related work as needed.

Preferred Competencies

• Expert knowledge of accounting principles.

• Advanced Microsoft Excel skills.

• Strong financial modeling and benchmarking skills.

• Knowledge of and skill in applying budgeting and financial policies and developing related internal and regulatory controls.

• Ability to present relevant details to decision makers and operational managers and establish a cadence in reporting.

• Ability to interact across the organization at all levels to insure a complete understanding of any significant financial or statistical reporting, such as budget variances.

• Ability to understand and proactively seek interdependences in processes, analyze and propose ways to improve.

• Demonstrated ability to think strategically and independently to develop and evaluate options translating findings into operational objectives.

• Knowledge of process improvement concepts.

• Knowledge of financial principles, practices, and applications including budgeting, financial planning, and financial reporting.

• Ability to manage accountings related to clinical trials, ability to manage off site revenue accounts, and co-coordinate management of fundraising accounts with the Development office.

Working Conditions

• Office Setting.

Application Documents

• Resume (required)

• Cover Letter (preferred)

The University of Chicago is an Affirmative Action/Equal Opportunity/Disabled/Veterans Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national or ethnic origin, age, status as an individual with a disability, protected veteran status, genetic information, or other protected classes under the law. For additional information please see the University's Notice of Nondiscrimination.

Staff Job seekers in need of a reasonable accommodation to complete the application process should call 773-702-5800 or submit a request via the Applicant Inquiry Form.

The University of Chicago's Annual Security & Fire Safety Report (Report) provides information about University offices and programs that provide safety support, crime and fire statistics, emergency response and communications plans, and other policies and information. The Report can be accessed online at: securityreport.uchicago.edu. Paper copies of the Report are available, upon request, from the University of Chicago Police Department, 850 E. 61st Street, Chicago, IL 60637.

About University of Chicago (UC)

One of the world's premier academic and research institutions, the University of Chicago has driven new ways of thinking since our 1890 founding. Today, UChicago is an intellectual destination that draws inspired scholars to our Hyde Park and international campuses, keeping UChicago at the nexus of ideas that challenge and change the world.

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