Financial Analyst

CHEMISTRY (BL-CHEM-IUBLA)

Faculty and staff in the Department of Chemistry are committed to developing students understanding of science and problem-solving skills and preparing them for careers in science and the health professions.

The Department of Chemistry is a part of the College of Arts and Sciences at Indiana University and offers a variety of outstanding employment opportunities such as academics, scientist positions, laboratory technicians, administrative and information technology support, fiscal services and purchasing, technical services (machinists, electronics, glass blowers), student and teaching services, and much more. Each and every individual in every role is integral to the success of the educational and research mission of the department, the College, and Indiana University as a whole.

The College values diversity, equity, and inclusion as a core strength and essential element in the success of its educational mission. [For the full diversity statement, click here or go to our department's Diversity in the College of Arts + Sciences website.]

More information about the department of Chemistry may be found here .

More information about the College of Arts and Sciences at Indiana University may be found here .

Department-Specific Responsibilities

• Analyzes financial data at the direction of the Department Fiscal Officer to construct a holistic understanding of financial activity of the Department.
• Conducts financial studies to collect, analyze, and present financial information in preparation for budgeting, auditing, planning, and financial decision-making.
• Uses data to model financial plans for the Department's financial operations and makes recommendations based on historical trends and budgetary needs.
• Provides support to the Fiscal Officer through financial reporting and analysis.
• Assists in monitoring day-to-day financial activity in the department.
• Audits and reconciles accounts as directed and monitors financial activities to ensure compliance with department and university policies, procedures, and guidelines.
• Maintains records of financial transactions; compiles and analyzes financial information to prepare reports monthly, quarterly, annually, and as requested.
• Resolves account discrepancies as directed by the Fiscal Officer; initiates and submits financial processing documents required to adjust, correct, or reconcile accounts.
• Serves as an expert resource and collaborator on financial policy and internal procedures.
• Ensures sensitive and critical financial data are managed appropriately.
• Runs financial reports monthly, quarterly, annually, and as directed by the Fiscal Officer.
• Prepares reports as requested and maintains records of financial transactions; provides requested reports and documentation to the Fiscal Officer and other constituents regularly.
• Ensures proper maintenance of current and historical financial records and reports.
• Initiates necessary financial processing documents, including general accounting adjustments, transfers of funds, internal billings, and distribution of income and expense as requested by the Fiscal Officer.
• Analyzes financial data to construct a holistic understanding of financial activity and assists the Fiscal Officer in monitoring the changing needs of the department.
• Works with department leadership to understand the financial needs of the department and collaborate on the development of policies and procedures related to budgetary and financial operations; serves as an expert resource for financial policy and internal procedures.
• Ensures that critical and sensitive financial data are managed appropriately.
• Serves as Fiscal Officer delegate and assumes oversight (serves as backup) of account management and fiscal matters in the Fiscal Officer's absence; approves financial documents in systems such as KFS, Chrome River, and Buy.IU.
• Assists with quarterly and yearly account close; resolves accounts with negative balances, requests committed funds, projects fiscal year spending to ensure it does not exceed available funds, etc.
• Conducts financial studies to collect, analyze, and present financial information in preparation for budgeting, auditing, planning, and financial decision-making.
• Uses data to model financial plans for department financial operations and make recommendations based on historical trends and budgetary needs.
• Assists the Fiscal Officer in monitoring the day-to-day financial activities of the department; reviews transactions for accuracy, verifies charges, investigates and resolves discrepancies.
• Reconciles expenditures and makes necessary adjustments using the appropriate financial processing documents (e.g., budget adjustments, transfers of funds, general accounting adjustments, cash receipts, income/expense distributions, etc.)
• Provides direct supervision to the Payroll Specialist and is held accountable for the performance and development of that individual.
• Ensures and provides training to improve efficiency in payroll operations.
• Researches and identifies development opportunities, coordinates work assignments, provides objectives, ensures adequate staffing and facilities for performance of duties.
• Monitors employee performance for accuracy and completeness, establishes work priorities, and resolves customer service issues. Regularly assesses task distribution for equity and efficacy.
• Ensures direct reports are familiar with all department, College, and University policies pertaining to financial operations.
• Suggests continuing education modules and recommends career advancement strategies for direct reports.
• May conduct a variety of human resources activities for direct reports including employee and labor relations, professional coaching, and monitoring position classification authenticity as it relates to employees day-to-day responsibilities.
• Other duties may be assigned as directed by the Fiscal Officer.

General Responsibilities

• Performs detailed periodic fiscal analysis of income statements, balance sheets, and cash flows and compiles trends to guide financial decisions.
• Provides specialized financial analysis support using measures such as past financial performance, economic conditions, price, yield, stability, and investment risk.
• Interprets fiscal policies and acts as a resource to department; may provide guidance to lower-level employees.
• May serve as fiscal delegate for department accounts.
• Presents findings using tools such as spreadsheets, charts, graphs, and technical reports.
• Verifies accuracy of data and makes recommendations for corrections.

Combinations of related education and experience may be considered. Education beyond the minimum required may be substituted for work experience. Work experience beyond the minimum required may be substituted for education.

EDUCATION

Required

• Bachelor's degree in accounting, finance, or related field

WORK EXPERIENCE

Required

• 2 years in finance, financial administration, accounting, or related field

SKILLS

Required

• Ability to analyze and interpret financial data
• Demonstrated analytical skills
• Articulate and responsive to colleagues
• Demonstrates a high level of accuracy, even under pressure
• Performs work independently with minimal supervision
• Demonstrated time management and priority setting skills
• Possesses a high degree of initiative
• Ability to drive multiple projects to successful completion

This role requires the ability to effectively communicate and to operate a computer and other standard office productivity equipment. The position involves sedentary work as well as periods of time moving around an office environment and the campus. The person in this role must be able to perform the essential functions with or without an accommodation.

Bloomington, Indiana 

$52,000.00 annually 

For full-time staff employees, Indiana University offers a wide array of benefits including:

• Multiple plan options for medical insurance
• Dental insurance
• Health Savings Account with generous IU contribution
• Life insurance, LTD, and AD&D options
• Base retirement plan contribution from IU, subject to vesting
• Additional supplemental retirement plan options
• Tuition benefit for IU classes
• 10 paid holidays per year
• Generous Paid Time Off
• Paid Parental Leave
• Employee Assistance Program (EAP)

Learn more about our benefits by reviewing our online Benefits Brochure .

Career Level: Career

FLSA: Exempt

Job Function: Finance

Job Family: Financial Analysis

Click here to learn more about Indiana University's Job Framework.

This posting is scheduled to close at 11:59 pm EST on the advertised Close Date. This posting may be closed at any time at the discretion of the University, but will remain open for a minimum of 5 business days. To guarantee full consideration, please submit your application within 5 business days of the Posted Date.

If you wish to include a cover letter, you may include it with your resume when uploading attachments.

Indiana University is an equal employment and affirmative action employer and a provider of ADA services. All qualified applicants will receive consideration for employment based on individual qualifications. Indiana University prohibits discrimination based on age, ethnicity, color, race, religion, sex, sexual orientation, gender identity or expression, genetic information, marital status, national origin, disability status or protected veteran status. Indiana University does not discriminate on the basis of sex in its educational programs and activities, including employment and admission, as required by Title IX. Questions or complaints regarding Title IX may be referred to the U.S. Department of Education Office for Civil Rights or the university Title IX Coordinator. See Indiana University’s Notice of Non-Discrimination here which includes contact information .

The Annual Security and Fire Safety Report, containing policy statements, crime and fire statistics for all Indiana University campuses, is available online . You may also request a physical copy by emailing IU Public Safety at [email protected] or by visiting IUPD.

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