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Financial Analyst

at Northwestern University in Chicago, Illinois, United States

Job Description

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Job ID50053

LocationChicago, Illinois

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Department: MED-Cancer Center
Salary/Grade: EXS/6

Job Summary:
The pre-award financial analyst in the cancer center is responsible for securing clinical trials office administrative start up fees for all industry sponsored trials managing communication during negotiations. Communicates with the regulatory and clinical teams the status of trials as the protocol progresses through the different stages. Reviews coverage analysis and opens hospital research catalog to determine pricing for budget from the sponsor. Sends budget elements to six to eight other entities depending on complexity for their review before following up with the sponsor on proposed budget. Creates InfoEd proposals for multiple departments and processes executed contracts and many later amendments into InfoEd and NOTIS and subawards including responsibility for reconciling all subaward terms. They create and manage budgets in Study Tracker which is linked to EPIC for billing and compliance.
Supports 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 complex problems &/or decisions.
Accounting policy & procedure
Analysis
Budget
Chart &/or account coding
Grants &/or awards
Reconciliation
Please note: Supervisor provides objectives & deadlines. Work is reviewed for fulfillment of objective & deadlines & overall compliance with policy & procedures. EE completes some activities without direction, informing supervisor only of potentially controversial matters, &/or far-reaching implications.
Specific Responsibilities:
Budget:
Participates in determination of budget including fiscal resource allocation of appropriated, discretionary, endowment &/or gift revenues.
Provides account research.
Assists with budget projects.
Updates budget estimates & provides commitment tracking support for all financial activity.
Ensures lead schedules are prepared.
Reviews & reconciles actual expenses to budget per NU Audit guidelines
Analysis, Statements & Reporting
Performs financial account reconciliations, statement analysis, and transaction research.
Transactions:
Provides review and oversight of all types of financial transactions some of which may be complex in regard to size or duration of account.
Enters individual &/or summary of transactions into journals &/or general ledger or other NU enterprise system.
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.
Controls account availability for all chart strings.
Reviews status of related university accounts, transactions and processes; troubleshoots issues as needed
Grants &/or Awards:
Provides data for grant proposals; submits proposals
Develops &/or administers budgets; coordinates IRB/IACUC, OSR/ASRSP transactions, &/or effort reporting.
Interacts with faculty, staff &/or funders to build relationships, transfer knowledge, &/or advise on research policies & procedures.
Verifies accurate set up of sponsored project accounts.
Administration
Obtains data by downloading from enterprise systems; develops and runs queries.
Performs general office support activities
Manages operation of or interaction with a computer system or system processes that support the area or program.
Ensures that area service level goals are met.
Miscellaneous
Performs other duties as assigned.
Minimum Qualifications:
Bachelor's Degree in Accounting, Business Administration, Finance or related field; OR 2 years financial administration work experience; OR equivalent combination education and experience where similar knowledge, skills, and abilities may be acquired.
2 years financial, budgeting &/or preparing account reconciliations or financial statements along with financial analysis experience.
Preferred Qualifications:
Clinical Trials Experience
Accounting background
Target hiring range for this position will be between $55,128-$68,911 per year.Offered salary will be determined by the applicant's education, experience, knowledge, skills and abilities, as well as internal equity and alignment with market data.
Benefits:
At Northwestern,... For full info follow application link.

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.         
        
        

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Job Posting: 12004133

Posted On: Jun 25, 2024

Updated On: Jun 25, 2024

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