Becker Friedman Institute Finance Manager

Job description

Hyde Park Campus

14321 Becker Friedman Institute

About the Unit
Named in honor of Milton Friedman and Gary Becker, the Becker Friedman Institute (BFI) sustains the rigorous scholarship that made their work, and that of the many scholars who came before and after them at the University of Chicago, so influential and enduring. BFI cultivates the next generation of economists and continues the famously vibrant UChicago culture of discussion and debate. By supporting faculty research programs, BFI links economists in the Department of Economics, the Booth School of Business, and the Harris School with those in the Law and Medical schools. Further, BFI fosters collaboration between UChicago faculty and leading economists from around the world, influencing public policy and the broader public debate surrounding key economic and social issues.

Job Information

Job Summary:

Reporting to the COO, the Finance Manager is responsible for a wide variety of financial functions for the Becker Friedman Institute, its research initiatives, and its affiliated centers and faculty. Working as part of the finance and operations team, the Finance Manager is a key part of ensuring that BFI consistently and efficiently fulfills its mission as a major support center for economics researchers across the University.


Under the supervision of the COO, responsibilities include:

  • Analyzing and monitoring comprehensive financial activities within the BFI and its affiliated centers.
  • Monitoring expenditures on active operating, gift, and grant accounts.
  • Determining appropriateness of and approving expenditures.
  • Monitoring expenditure allocation to appropriate accounts.
  • Creating new accounts as needed.
  • Creating journal entries to transfer funds between accounts.
  • Monitoring compliance with University policies and procedures.
  • Reviewing revenue and expense accounts to identify and correct inconsistencies.
  • Coordinating the preparation of financial documents, ensuring all meet applicable internal and external requirements.
  • Proposing solutions to problems and correcting according to proper policy and procedures.
  • Assisting faculty and staff with review and negotiation of contracts and data use agreements.
  • Work to understand needs, assess contract suitability to meeting those needs, and negotiate with vendors to ensure contracts comply with university standards and guidelines.
  • Work with contract specialists in the Shared Services Office to ensure timely and suitable completion of agreements.

  • Ability to exercise absolute discretion regarding confidential matters required.
  • Ability to handle sensitive matters with tact and discretion required.
  • Ability to pay attention to detail required.
  • Ability to prioritize work and meet deadlines required.
  • Ability to work effectively and collegially with little supervision or as member of a team required.
  • Ability to work with people from diverse cultures and backgrounds required.
  • Knowledge of Microsoft Office required.
  • Mathematical aptitude required.
  • Strong analytical and organizational skills required.
  • Strong interpersonal, verbal, and written communication skills required.
  • Ability to independently complete projects on time and accurately with minimal supervision required.
  • Familiarity with University systems, including Business Objects, GEMS, ePayments, and Buysite preferred.

Additional Requirements

Education and Experience:
  • Bachelor's degree required.
  • A minimum of three years of financial experience required.
  • Familiarity with higher education environment and knowledge of the University of Chicago's unique culture preferred.
  • Interest in economics is a plus.

Required Documents:
  • Resume
  • Cover Letter

NOTE: When applying, all required documents MUST be uploaded under the Resume/CV section of the application

Benefit Eligibility

Pay Frequency

Pay Range
Depends on Qualification

Scheduled Weekly Hours


Job is Exempt?

Drug Test Required?

Does this position require incumbent to operate a vehicle on the job?

Health Screen Required?

Posting Date

Remove from Posting On or Before

Posting Statement:

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 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: Paper copies of the Report are available, upon request, from the University of Chicago Police Department, 850 E. 61st Street, Chicago, IL 60637.

Full time

About Us
The University of Chicago is an urban research university that has driven new ways of thinking since 1890. Our commitment to free and open inquiry draws inspired scholars to our global campuses, where ideas are born that challenge and change the world.

We empower individuals to challenge conventional thinking in pursuit of original ideas. Students in the College develop critical, analytic, and writing skills in our rigorous, interdisciplinary core curriculum. Through graduate programs, students test their ideas with UChicago scholars, and become the next generation of leaders in academia, industry, nonprofits, and government.

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Job No:
Posted: 3/28/2018
Application Due: 4/25/2018
Work Type: