Financial Administration Specialist
Department
FINANCE SHARED SERVICES (UA-FNSS-IUBLA)
Job Summary
Department-Specific Responsibilities
- Works in University Budget Office, Finance Shared Services and primarily supports Capital Planning and Facilities and Regional Campus and Online Education organizations.
- Serves as the main point of contact for all financial activities for assigned areas.
- Monitors and manages accounts, reports, and financial controls for assigned areas.
General Responsibilities
- Using knowledge and application of accepted procedures and standards, performs detailed 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.
- Controls all 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. 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 provide guidance to lower-level employees.
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
Required
- 2 years of 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.
- Highly thorough and dependable.
- Demonstrates a high level of accuracy, even under pressure.
- Intermediate understanding of technology; experience using electronic platforms to perform various tasks.
- Demonstrates 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
This position is eligible to work a hybrid schedule (mix between remote and in-person work), subject to change based on university policy and business needs.
Advertised Salary
$55,000 - $65,000 per year depending upon qualifications.
Benefits Overview
For full-time staff employees, Indiana University offers a wide array of benefits including:
- Comprehensive medical and dental insurance
- Health savings account with generous IU contributions
- Healthcare and dependent care flexible spending accounts
- Basic group life insurance paid by IU
- Voluntary supplemental life, long-term disability, critical illness, and supplemental accidental death & dismemberment insurance
- Base retirement plan with generous IU contributions, subject to vesting
- Voluntary supplemental retirement plan options
- Tuition subsidy for employees and family members taking IU courses
- 10 paid holidays plus a paid winter break each year
- Generous paid time off plans
- Paid leave for new parents and IU-sponsored volunteer events
- Employee assistance program (EAP)
Learn more about our benefits by reviewing the IU Benefit Programs Brochure.
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