Position: Temporary Full-time Financial Assistant
Hours: This is a full-time position (40 hours per week/ 8:00am-4:30pm / M-F)
Pay: $20.00 per hour
Approximate start date: ASAP
Approximate end date: TBD
Northwestern University is seeking a temporary Full-time Financial Assistant for the Chicago campus.
Temporary Job Description:
The temporary Financial Assistant position directly supports the financial operations of the Clinical Research (CCR) in the NU Clinical and Translational Sciences Institute (NUCATS) under the Feinberg School of Medicine. The CCR Financial Assistant provides financial analysis, and assists with transaction processing and general accounting services. These functions include compiling data, budget and account analysis, purchasing, accounts payable, and travel/business expense reimbursement processing. This position is also responsible for the general clerical and administrative tasks and applies accounting methods to handle day-to-day operations for the various department and sponsored accounts for the CCR including preparation of financial reports, maintenance of clinical trial databases, invoicing/collections, study close-out reconciliation, and other financial and clerical tasks as needed.
This position provides day-to-day financial and accounting support using an advanced knowledge of applicable skills, methods and practices and some innovation, analysis, and reasoning to choose appropriate alternatives from among pre-defined policies and procedures to complete work that includes successive steps and involves some non-routine problems and/or decisions. This role applies industry and professional standards, university policy and procedure, federal and state laws and other regulations. The Financial Assistant provides administrative and/or clerical support.
- Maintains and tracks individual budget accounts.
- Coordinates annual budget process including tasks associated with the open/close processes.
- Updates calendar, spreadsheets, templates and forms; monitors submissions.
- Completes reconciliation procedures.
- Creates summary reports.
- Coordinates and/or provides information for annual salary review process.
- Completes and maintains transactions in enterprise systems.
- Provides review and oversight of all types of financial transactions some of which may be complex in regard to size or duration of account.
- Reviews; ensures approval based on alternatives regarding practice and policy.
- Troubleshoots problems.
- Performs vendor/account research as needed.
- Obtains additional information from or provides instruction and guidance for customers/vendors; corrects or escalates.
- Accesses multiple banking systems to process transactions, retrieve information, and/or initiate wire transfers.
- Provides financial policy interpretation to determine the validity of customer requests and ensure compliance.
- Contacts outside agencies, banks and/or banking systems to obtain clarification of rules and/or regulations.
- Enters information into database.
Analysis, Statements and Reporting:
- Prepares account, budget, cost, expenditure and/or funds analysis.
- Provides reports to managers/PIs in tracking payment status and notification when balances and activities do not comply with policy, procedures or are inadequately prepared.
- Creates reports and queries; reviews for incomplete records, data entry errors, and/or accounting mistakes.
- May analyze open encumbrances that are no longer valid and recommend appropriate modifications to ensure smooth processing of financial transactions.
Grants and/or Awards:
- Provides assistance regarding grant financial administration such as preparing financial information for grant submission.
- Completes post award accounting.
- Sets-up sub-contracts and/or start-up research accounts.
- Modifies grant budgets.
- Closes grants.
- Approves expenditures on travel, consulting and/or equipment, along with various forms, such as Intra Institutional Vouchers, Requests for Accounting Corrections, the Research Assistant and Scholarship Appointments, and/or payroll adjustments, in accordance with granting agency guidelines and University policies and procedures.
- Processes subcontract payments according to rules and regulations of granting agencies.
- Reconciles subcontract payments.
- Verifies payroll funding entries.
- Corrects charges to various accounts.
- Provides excellent customer service, over the phone and in person answering standard questions regarding status of requests, policies and procedures for processing transactions, and/or instructions for completing paperwork.
- Instructs and advises regarding options and appropriate courses of action and follows-up inquiries to ensure customer satisfaction.
- Provides administrative support in regard to HR matters such as hiring, onboarding, benefits, compensation, etc.
- Completes other administrative and/or clerical activities such as organizing meetings; reserving AV equipment.
- Coordinates office, lab and/or building repairs and maintenance.
- Maintains inventory.
- Assists with training of new staff members
- Creates and provides financial training on practice, procedure, policy and/or laws and regulations to customers.
- Supervises or leads temporary, part-time or work study students.
- Provides guidance to junior employees.
- Performs other duties as assigned.
- High school diploma or the equivalent.
- 3 years accounting and/or bookkeeping experience or the equivalent combination of education and experience.
- Excellent computer skills including proficiency in the use of spreadsheet, database and word processing software.
- Familiarity with financial reporting.
- MS Office suite 2013 (Word, Excel, PowerPoint, Outlook).
Northwestern University seeks to employ a varied and diverse range of dynamic people who understand the importance of our mission and vision. When you consider a temporary opportunity at Northwestern University, you know that you are joining an institution with a deep history of academic, professional and personal development.
Date Posted: 1/3/2017
As per Northwestern University policy, this position requires a criminal background check. Successful applicants will need to submit to a criminal background check prior to employment.
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.