Financial Analyst

Job description

Hyde Park Campus

40641 Finan Plan/Budget

About the Unit

Job Information

Job Summary:

The Financial Analyst will provide analytic and project management support for the University of Chicago Budget Office, which reports directly to the Provost. The Financial Analyst will work collaboratively with financial managers and experts throughout the University, including academic and administrative unit financial leaders, Financial Services staff, and the University Financial Planning and Analysis group. The Financial Analyst will serve as the primarily financial liaison to the Budget Office for assigned units and will be responsible for providing those units with budget development and financial management support with annual and monthly University budget processes. The Financial Analyst will also support the development and integration of university-wide financial data analytics and reporting, with a focus on the development of a common set of metrics and methodologies for evaluating both University and unit-specific financial performance.

Job Responsibilities:

The Financial Analyst's key tasks will include the following:

  • Serves as the primary Budget Office liaison to financial administrators in several University units as assigned.
  • Assists in the development of operating budget targets for major units and reviews submitted budgets for completeness, accuracy, and compliance with University budget procedures.
  • Works closely with units to understand actual to budget variance and develop recommendations for programmatic changes or cost containment strategies to avoid deficits.
  • Assists in the development, interpretation and implementation of highly complex financial/accounting concepts and advanced techniques for financial planning and forecasting.
  • Performs business case analyses and provides quantitative modeling support for various financial management projects in the Budget Office and the Office of the Provost.
  • Prepares presentations to convey financial and administrative matters to leadership and members of the University community.
  • Creates financial models that employ scenario analysis for future University planning and budgeting decisions.
  • Develops and implements metrics and methodologies toolkits for evaluating financial performance for both the University and specific administrative and academic units.
  • Coordinates with all levels of management and individuals across the University to gather, analyze, summarize, and prepare recommendations regarding financial plans, operating forecasts and other complex financial matters.
  • Builds and maintains complex financial models using Excel, Hyperion, and other analysis and reporting tools and systems as necessary.
  • Works closely with information technology staff to improve budgeting and financial reporting systems and tools.
  • Participate in use case testing for changes to university budgeting and financial management systems and works closely with information technology staff to support design and implementation efforts for future systems.

  • Analytical thinking
  • Teamwork and collaboration
  • Communicating effectively
  • Detail oriented and results driven

Additional Requirements

Education, Experience or Certifications:

  • Bachelor's degree required
  • Bachelor's degree in accounting, finance, or equivalent preferred
  • Master's degree in a related field preferred (MBA, MA/MPP, Master of Accounting, MS in Finance, Statistics, etc.)

  • One to three years' experience required.
  • Previous experience in accounting, finance, or a related field preferred but not required
  • Experience with database software applications and statistical analysis tools

Technical Knowledge or Skills:
  • One to three years' experience required. Previous experience in accounting, finance, or a related field preferred but not required
  • Demonstrated analytical and quantitative modelling abilities
  • Strong interpersonal, verbal, and communication skills
  • Excellent computing skills with strong proficiency in Microsoft Excel and PowerPoint
  • Experience with database software applications and statistical analysis tools
  • Ability to work closely and effectively with senior University officials and colleagues in the Budget Office, Office of the Provost, and Financial Services
  • Ability to independently complete projects on time and accurately with minimal supervision required

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 Qualifications

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.

To learn more about the university click here





Diversity Profile: University



View more

Learn more on Inside Higher Ed's College Page for University

Arrow pointing right
Job No:
Posted: 12/22/2018
Application Due: 2/20/2019
Work Type: