Financial Compliance Analyst (Financial Analyst)

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Department

RESEARCH ADMINISTRATION (UA-RSCH-IUBLA)

Department Information

The mission of the Office for Research Administration is to provide exceptional support for Indiana University's research community in order to catalyze research productivity and protect the institution and its research community from risk.

Job Summary

This position is part of the Financial Compliance Team within the Grants, Finance and Operations division of the Office for Research Administration (ORA).

Department-Specific Responsibilities

• Serves a university-wide role with respect to the review of sponsored award transactions for allowability, allocability and reasonableness in accordance with appropriate federal and award guidelines.
• Responsible for identification of potential unallowable transactions (exception reports), and documentation and/or resolution of reviewed transactions to help ensure University compliance with all externally funded projects on all campuses.
• Responsible for conducting letter of credit payment requests from federal agencies for sponsored awards at Indiana University utilizing the proprietary IUDraw system as well as third party payment systems.
• Assists with the facilitation of cash management and payment processing functions.
• Advises faculty, researchers, departments and other ORA staff with respect to:
  • Allowable transactions in order to ensure compliance with agency and University policies, guidelines and procedures.
  • Requirements and function of letter of credit awards at Indiana University, as well as associated questions and issues.
  • University requirements and best practices with respect to cash management, as well as associated cash management questions and issues.

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.

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 accounting, finance, or related field

WORK EXPERIENCE

Required

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

Preferred

• 2 years in research administration or a related field

LICENSES AND CERTIFICATIONS

Preferred

• Certified Research Administrator (CRA) certification upon date of hire

SKILLS

Required

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

Preferred

• Knowledgeable with the cash management requirements of Indiana University and the Office of Research Administration

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 for remote work or to work a hybrid schedule (mix between remote and in-person work), subject to change in the future based on university policy and business needs.

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.

Job Classification

Career Level: Career

FLSA: Exempt

Job Function: Finance

Job Family: Financial Analysis

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 opportunity employer and provider of ADA services and prohibits discrimination in hiring. See Indiana University 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 View email address on us.edajobs.com or by visiting IUPD.

Contact Us

Request Support Telephone: View phone number on us.edajobs.com