Financial Administration Specialist

Bloomington, Indiana


Employer: Indiana University
Industry: Finance
Salary: $51000 - $55000 per year
Job type: Full-Time

The Luddy School of Informatics, Computing, and Engineering is world-renowned as an innovative leader in the teaching and research of the use of technology to solve real-world problems. We focus on what is possible and take a broad view of computing and information technology education and research. The Luddy School also prides itself on its welcoming, inclusive atmosphere that encourages collaboration while respecting individual ideas and expression.

Job Summary

Department-Specific Responsibilities
  • Maintains the chart of accounts including updating routing, global models, ensuring the Luddy chart of accounts is compliant with IU and Luddy Policy. This position will also create new accounts in KFS as needed for financial reporting purposes.
  • Processes KFS documents to manage accounts for all fund groups (general funds, endowments, grants, etc.) including, but not limited to general accounting adjustments, distribution of income and expense, transfer of funds and budget adjustments as needed.
  • Processes KFS documents as needed to update account information, global models, and eDoc routing.
  • Makes recommendations and create documentation on policies regarding routing, chart of account management, and accounts receivable.
  • Makes policy recommendations on how to best manage the commitments to faculty research accounts that ensures compliance with IU policy and ease of understanding for faculty.
  • Manages internal commitments to faculty research accounts and ensure the accounts are funded as per the internal Memorandums of Understanding.
  • Makes policy recommendations for Luddy auxiliary account management.
  • Manages auxiliary account(s) for Luddy (including processing the necessary monthly and year end KFS documents).
  • Manages all non-grant accounts receivable including sending invoices and following up with unpaid invoices regularly to ensure all invoices are paid in a timely manner.
  • Manages special financial projects on an on-going and as-needed basis.
  • This position does require the skills to explain financial concepts to non-financial people i.e. explaining faculty commitments to faculty.
General Responsibilities
  • Using knowledge and application of accepted procedures and standards, performs financial and administrative tasks related to managing the daily and long-term financial and/or administrative operations of an organizational unit or an academic, research, and teaching department within a school or college.
  • Makes recommendations on policies and guidelines for division/department activities.
  • Monitors expenditures and statement of accounts to ensure regulatory compliance and fiscal integrity.
  • Manages general appropriation, endowment, federal and non-federal grants and contracts, and gift funds.
  • Develops, plans, and makes recommendations on special projects, which may include space allocations, staffing, equipment purchases, and long-range plans.
  • Prepares operating and project budget drafts independently and/or in coordination with other finance staff. Regularly explains financial concepts to non-financial employees.
  • Monitors division/departmental budgets and resolves or recommends resolutions for any significant deviations from approved budgets.
  • May conduct a variety of human resources activities including employment, labor relations, benefits, training, and classification for unit/department.
Qualifications

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 finance, business, or related field
WORK EXPERIENCE

Preferred
  • Some relevant experience
SKILLS

Required
  • Proficient communication skills
  • Maintains a high degree of professionalism
  • Demonstrates time management and priority setting skills
  • Demonstrates a high commitment to quality
  • Possesses flexibility to work in a fast paced, dynamic environment
  • Seeks to acquire knowledge in area of specialty
  • Intermediate understanding of technology; experience using electronic platforms to perform various tasks
  • Demonstrated experience solving problems with independent thought
  • Proficiency in computer systems, including standard Office software; advanced Excel and database skills, including familiarity with complex formulas and Pivot Tables
  • Ability to use standard office equipment such as phone, fax, scanner, etc
  • Experience managing workflows, processes, and/or data entry
  • Intermediate accounting skills; ability to spot obvious errors; ability to develop a budget
  • Demonstrates ability to interpret and apply concepts and policies to daily work functions
  • Ability to clearly present material and make it accessible to a variety of audiences
  • Ability to interpret financial documents from an accounting, policy, and practice perspective
Working Conditions / Demands

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.

Work Location

Bloomington, Indiana

Advertised Salary

$51,000 - $55,000 per year based upon experience and internal equity.

Work Hours

Monday through Friday, 8:00 AM to 5:00 PM (EST) with a 1-hour lunch.

Occasional evenings, weekends, and/or holiday hours may be required.

Benefits Overview

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 .

Job Classification

Career Level: Core

FLSA: Exempt

Job Function: Finance

Job Family: Financial Administration

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

Posting Disclaimer

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.

Equal Employment Opportunity

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 .

Campus Safety and Security

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 iups@iu.edu or by visiting IUPD.

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Created: 2024-10-06
Reference: 313255
Country: United States
State: Indiana
City: Bloomington
ZIP: 47406


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