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Finance Administration Manager
Job Description
Department
About the Department
Job Summary
Responsibilities
Manages the Department finance professional staff to ensure that the financial needs of the Department are being met.
Oversees the annual operating and clinical revenue budgets processes, working in collaboration with BSD Finance and Budgeting.
Provides monthly accruals and budget variance, including variance summaries and explanations.
Oversees the production and maintenance of the monthly financial statements, reports, recharge revenue reconciliation, and clinical revenue trends.
Liaison with Research Administration and Clinical Trials teams to reconcile research accounts, including grant accounts, effort reporting, and cost transfers.
Oversees the compliance with University financial policies, internal controls, and internal audit recommendations, including updating Department fiscal policies, and educating faculty and staff on changes.
Responsible for gift and endowment accounts.
Participates in BSD capital and procurement processes including capital projects.
High proficiency in financial modeling and analysis, Budgeting, Microsoft Office – specifically Excel, and business systems (Oracle, SAP/BW, Workday as examples).
Manages the development, monitoring, and evaluation of a consolidated annual and intermediate (typically three to five year) budget plan and budget process for a unit, as well as actual performance against budget.
Manages the preparation of financial statements, activity reports, financial position forecasts, and/or reports required by regulatory agencies.
Manages the preparation of audits and value-add financial analysis. Advises senior management on financial reporting requirements.
Performs other related work as needed.
Minimum Qualifications
Education:
Minimum requirements include a college or university degree in related field.---
Work Experience:
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Certifications:
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Preferred Qualifications
Education:
MBA, MHA, or advanced degree finance, accounting, or related field strongly preferred.
Experience:
Experience in finance, budgeting, and analysis.
Experience personnel management with direct reports.
Applicable experience in a University or a not-for-profit organization.
Previous managerial or supervisory experience.
Previous experience managing external and/or remote staff.
Previous Revenue Cycle Experience.
Previous Epic experience.
Experience in Radiology Coding strongly preferred.
Preferred Competencies
Knowledge of financial computing and database software applications.
Knowledge of various financial principles, practices, and applications including budgeting, financial planning, and financial reporting.
Experience with accounting systems and budget systems required Proficiency with Microsoft Office (Word, Excel, PowerPoint).
Financial modeling experience.
Strong interpersonal, verbal, and written communication skills.
Ability to establish and maintain relationships at all organizational levels.
Proven ability to synthesize complex issues for management.
Demonstrated time management ability to deliver high-integrity products within established deadlines.
Ability to be a proactive and assertive problem-solver.
Strong upward and downward management skills.
Prior direct supervisory experience.
Working Conditions
Office based with hybrid availability - The individual hired into this position will be required to have an in-person presence for a minimum of three days per week and remote two days per week.
Salary Range
$95K - $120K
Application Documents
Resume (required)
Cover Letter (required)
When applying, the document(s) MUST be uploaded via the My Experience page, in the section titled Application Documents of the application.
Job Family
Role Impact
FLSA Status
Pay Frequency
Scheduled Weekly Hours
Benefits Eligible
Drug Test Required
Health Screen Required
Motor Vehicle Record Inquiry Required
Posting Statement
The University of Chicago is an Affirmative Action/Equal Opportunity/Disabled/Veterans and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender, gender identity, national or ethnic origin, age, status as an individual with a disability, military or 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.
We seek a diverse pool of applicants who wish to join an academic community that places the highest value on rigorous inquiry and encourages a diversity of perspectives, experiences, groups of individuals, and ideas to inform and stimulate intellectual challenge, engagement, and exchange.
All offers of employment are contingent upon a background check that includes a review of conviction history. A conviction does not automatically preclude University employment. Rather, the University considers conviction information on a case-by-case basis and assesses the nature of the offense, the circumstances surrounding it, the proximity in time of the conviction, and its relevance to the position.
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