What are the responsibilities and job description for the Financial Analyst/Planner - Finance & Accounting, College of Nursing position at uic?
The Financial Analyst/Planner Associate is responsible for executing, recording, reconciling, summarizing, and reporting financial transactions. This position is instrumental in tracking the revenues and expenses for faculty practice initiatives, clinical and other financial operations and will play an integral role in the accounting and budgeting process in coordination with the Director of Finance as well as the Associate Dean for Faculty Practice.
Duties & Responsibilities:
Financial Management and Accounting
- Maintains financial records and prepares, monitors, and evaluates monthly finance reports.
- Provides detailed revenue and expense summaries for all faculty practice initiatives and other clients.
- Creates financial proforma analysis for new practice initiatives and strategic partnerships within the College.
- Prepares comprehensive reports and analyses of accounts for assigned units.
- Provides direction for development and implementation of the College’s annual operating budget through completion of accurate projections.
- Assists in the development of new financial policies, procedures, systems or work practices in coordination with Director of Finance.
- Collaborates with College leadership to create detailed reporting metrics, targets and benchmarks.
Business Operations and Grant Management
- Participates in the fiscal management of business operations through:
- Contract management
- Reconciliation reporting
- Financial year-end close out
- Accounts Payable/Receivable management
- Payroll reconciliation
- Property accounting
- Develops systems and workflows for purchasing, payables, and reconciliation.
- Processes and approves financial transactions.
- Provides post-award financial analysis.
- Trains faculty and staff on grant management and reporting best practices.
- Monitors and reconciles expenditures on grants and sponsored project to ensure compliance.
Customer Service and Collaboration
- Serves as resource to faculty and staff for data interpretation and analysis
- Responds to internal and external requests for information.
- Interprets, reports, and presents results to administrative and academic policy makers.
- Trains new faculty and staff on UI systems.
- May serve as security and access liaison for assigned units.
- Represents the College on various internal/external committees.
- Perform other related duties and participate in special projects as assigned.
Financial Planner
Prudential Financial -
Kankakee, IL