Department: Facilities Mgmt EV Salary/Grade: EXS/7
The Financial Analyst 2 supports a university accounting-related area or program. This role manages financial operations &/or analysis in support of area/unit's mission & in coordination with central offices such as HR, Budget, Financial Aid, Facilities, Purchasing, IT, Provost, etc. This position reviews a portfolio of multiple schools/depts' financial operations comprised of work that involves some complex problems &/or decisions. Implements existing policy & ensures the effective, compliant, & efficient completion of daily financial activities. The Financial Analyst 2 applies industry and professional standards, interprets university policy and procedure, federal and state laws, granting agency guidelines, and other regulations (as applicable). Represents &/or guides business area on internal &/or external financial affairs by exchanging information.
Prepares analysis & reports.
Provides project research.
Assists with budget projects.
Updates budget estimates & provides commitment tracking support for all financial activity.
Reviews & reconciles actual expenses to budget per NU Audit guidelines.
Analysis, Statements & Reporting:
Creates daily, monthly, annual, &/or project end analysis & reports regarding area/unit, grants &/or awards, accounts, funds, payroll, expense &/or revenue allocation, customer service activity, etc.
Prepares financial analysis and lead schedules for supplies, equipment, &/or personnel decisions.
Records journal entries and creates reports.
Performs financial account reconciliations, statement analysis, and transaction research.
Maintains, and updates financial models and analysis.
Provides review and oversight of all types of financial transactions some of which may be complex in regard to size or duration of account.
Reviews; ensures approval based on alternatives regarding practice & policy; analyzes and classifies transactions in accordance with established chart or coding of accounts; creates new accounts; prepares, processes, reconciles & provides receipts (as appropriate) for transactions.
Processes transfer &/or appropriation charges & may balance &/or close accounts.
Troubleshoots problems; performs vendor/account research as needed; obtains additional information from or provides instruction & guidance for customers/vendors; corrects or escalates.
Provides financial policy interpretation to determine the validity of customer requests & ensure compliance.
Provides support for internal &/or granting agency audit requests.
Reviews status of related university accounts, transactions and processes; troubleshoots issues as needed.
Processes & presents data & information through the application of database, graphic & spreadsheet software.
Obtains data by downloading from enterprise systems; develops and runs queries.
Identifies sources for data & information to be used & completes special financial projects such as (enter in explanation of special projects):
Ensures that area service level goals are met.
Provides training and support to related university units or program participants; maintains website and training materials.
Performs other duties as assigned.
Successful completion of a full 4-year course of study in an accredited college or university leading to a bachelor's or higher degree in a major such as accounting, business administration, finance, or related; OR appropriate combination of education and experience.
4 years financial, budgeting &/or preparing account reconciliations or financial statements along with financial analysis or other relevant experience.
Minimum Competencies: (Skills, knowledge, and abilities.)
Demonstrates an understanding of financial terminology and concepts.
Demonstrates an ability to propose, test, implement and audit process improvements that add to the overall efficiency of the group.
Demonstrates the ability to analyze large volumes of data.
Ability to take initiative and work independently to on tasks.
Preferred Qualifications: (Education and experience)
Experience with capital cash flow management.
Experience in financial modeling, business analysis, FP&A, business integration.
Experience with integrated financial systems.
Preferred Competencies: (Skills, knowledge, and abilities)
Extremely strong Microsoft Excel skills and Tableau experience.
Strong organizational skills and attention to detail.
Ability to multi-task and work in a challenging fast paced environment.
Excellent written and verbal communication skills.
Northwestern University is an Equal Opportunity, Affirmative Action Employer of all protected classes, including veterans and individuals with disabilities. Women, racial and ethnic minorities, individuals with disabilities, and veterans are encouraged to apply. Hiring is contingent upon eligibility to work in the United States.
Internal Number: 35730
About Northwestern University
Northwestern University is a major private research university with 12 academic divisions located on three campuses in Evanston, Chicago, and Education City in Doha, Qatar. We have approximately 2,500 full-time faculty members, 17,000 graduate and undergraduate students, and over 5,700 full and part-time staff. Northwestern University combines innovative teaching and pioneering research in a highly collaborative environment. It provides students and faculty exceptional opportunities for intellectual, personal and professional growth.