Manages a university accounting-related area or program. 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. Reviews a portfolio of multiple schools/depts' financial operations comprised of work that involves some extremely difficult problems &/or decisions. Manages daily, monthly, quarterly and annual financial processes for the area or program. Applies industry and professional standards, interprets university policy and procedure, federal and state laws, granting agency guidelines, and other regulations (as applicable); recommends accounting policy for the university. Represents &/or guides business area on internal & external financial affairs by recommending alternatives & suggestions. Leads and performs all aspects of post-award financial management for sponsored projects.
Serves a primary role in the development & implementation of annual budget including fiscal resource allocation of appropriated, discretionary, endowment & gift revenues & expenses.
Manages budget & provides timely, accurate financial status for the current fiscal & future plan.
Creates and maintains a multi-year funds flow-through document, tracking $2.5 million of operating support, competitive equipment awards, and administrative spending.
Guides units of responsibility through university budgeting and forecasting processes, reviews budget and forecasting submissions.
Works with core facilities across all schools on the development of sustainable and compliant business plans.
Expert support for the application of complex subsidy models to ensure facilities comply with federal accounting regulations.
Acts a Budget Office expert on units and functions within portfolio of responsibilities.
Coordinates & completes all associated fiscal year close/open processes.
Reviews & reconciles actual expenses to budget per NU Audit guidelines.
Approves funds reallocation within budget as necessary & appropriate.
Analysis, Statements & Reporting:
Measures individual net performance of all areas/units as well as consolidated area/unit income statement & balance sheet with the use of pre-defined analytical financial tools.
Regularly analyze performance trends across the portfolio of all university core facilities. Maintain multiple data tables to track these trend lines.
Identify superior and lagging financial performers and recommend model changes to increase performance across the portfolio of facilities.
Recommends changes to tools to improve analysis, forecasting, modeling & reporting & ultimately quality of financial information & analyses provided to management for planning, evaluating & controlling operations.
Develops and maintains a Dashboard summarizing metrics related to research productivity; the Dashboard synthesizes across many NU enterprise systems, summarizing space data, sponsored project activity, and other relevant data sets.
Establishes proper accounting & audit trails for revenue & expenses related to programs & initiatives.
Lead the collection and correction of Unrelated Business Income data, coordinating with the Office of General Counsel and Accounting Services to ensure the university is compliant with IRS regulations.
Oversees monthly reconciliation & reports on current financial performance, impact on year-end forecast & opportunities & risks.
Prepares area or program financial statements and regulatory reports.
Performs complex financial account reconciliations, statement analysis, and transaction research.
Builds, maintains, and updates financial models and associated financial analysis.
Oversees accurate, efficient and compliant workflow of all transactional processes across areas/units.
Provides optimal customer service and financial guidance to areas/units.
Oversees processing of all daily financial transactional activity.
Reviews exceptions forms and reimbursements that require special attention.
Requests new chart strings.
Creates & monitors recharge centers.
Monitors open encumbrances & deficit chart strings; &/or stop an expense that is inappropriate or against deficit chart string.
Reviews status of related university unit accounts and processes; troubleshoots issues as needed.
Leads and provides support for internal &/or granting agency audit requests.
Identifies current & future resource planning & allocation issues & develops, leads, & supervises complex studies & analyses that will assist senior staff in reaching resource planning and allocation decisions.
Processes & presents associated data & information through the application of sophisticated database, graphic & spreadsheet tools.
Negotiates with vendors for purchases & leases
Acts act as project manager for design and implementation of regulatory and system changes.
Manages operation of a computer system or system processes that support the area or program.
Ensures that service level goals are met.
Provides training and support to related university units or program participants
Trains core facility support staff on policies, systems, and procedures related to core facility financial management.
Lead workshops, brown bags, and open labs on specialized topics relevant to core facility administrators, directors, and staff.
Develops and maintains website content and training materials.
Evaluates employees' performance.
Provides work direction to other employees.
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.
5 years financial, budgeting &/or preparing account reconciliations or financial statements along with financial analysis or other relevant experience.
Minimum Competencies: (Skills, knowledge, and abilities.)
Excellent computer skills including proficiency in the use of spreadsheet, database and word processing software.
Strong understanding of financial reporting.
Familiarity with FASB requirements.
Preferred Qualifications: (Education and experience)
CFE-Certified Fraud Examiner.
CIA-Certified Internal Auditor.
CISA-Certified Information Systems Auditor.
CPA-Certified Public Accountant.
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: 39154
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.