Financial Analyst

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

Job Summary:

Supports a university Clinical Trial Accounting-related area or program.

Manages financial operations &/or analysis in support of area/unit's mission & in coordination with other offices within the Cancer Center and Northwestern University's Medical Affiliates such as Sponsored Research, Northwestern Memorial HealthCare Corporation, etc.

Reviews a portfolio of multiple schools/depts' financial operations comprised of work that involves some complex problems &/or decisions.

Specific Responsibilities :

Budget:

• Participates in determination of including fiscal resource allocation of appropriated, discretionary, endowment &/or gift revenues.
• Prepares analysis & reports.
• Provides account management for Clinical Trials.
• Assists with budget projects.
• Updates budget estimates & provides commitment tracking support for all financial activity.
• Approves funds reallocation within budget as necessary & appropriate.

Analysis, Statements & Reporting:

• Creates daily, monthly, annual, &/or project end analysis & reports regarding area/unit, grants &/or awards, accounts, funds, payroll, expense
• &/or revenue allocation, customer service activity, etc.
• Performs financial account reconciliations, statement analysis, and transaction research.
• Provides support for annual audit workpapers and quarterly financial statement workpapers.
• Maintains, and updates financial models and analysis.

Transactions:

• 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.
• Processes transfer &/or appropriation charges & may balance &/or close accounts.
• Troubleshoots problems; performs vendor/account research as needed; obtains additional information from or provides instruction & guidance for customers/vendors; corrects or escalates.
• Reviews status of related university accounts, transactions and processes; troubleshoots issues as needed.

Grants &/or Awards:

• Works with Dept &/or Research Administrator regarding financial grants management issues. Industry Sponsored Clinical Trials.
• 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.
• Monitors commitments and expenditures to ensure compliance with granting agency guidelines.
• Verifies accurate set up of sponsored project accounts.

Administration:

• Identifies sources for data & information to be used & completes special financial projects such as (enter in explanation of special projects): This involves analysis of ad hoc reports.
• Performs general office support activities

Miscellaneous

Performs other duties as assigned.

Minimum Qualifications: (Education, experience, and any other certifications or clearances)

• 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.

Minimum Competencies: (Skills, knowledge, and abilities.)

• Intermediate Knowledge of Excel.

Preferred Qualifications: (Education and experience)

• Clinical Trial Experience

Benefits

At Northwestern, we are proud to provide meaningful and competitive benefits. The available benefits package for this position will include health, dental, vision, disability, and life insurance; paid vacation and holidays; paid medical/sick and parental leave; tuition benefits for the employee and dependents; pre-tax and flex spending accounts for commuting and dependent care; generous retirement savings options; and wellness programs. For a comprehensive overview of available benefits, including eligibility details, visit us at to learn more.

Work-Life and Wellness:
Northwestern offers comprehensive programs and services to help you and your family navigate life's challenges and opportunities, and adopt and maintain healthy lifestyles.
We support flexible work arrangements where possible and programs to help you locate and pay for quality, affordable childcare and senior/adult care. Visit us at to learn more.

Professional Growth & Development:
Northwestern supports employee career development in all circumstances whether your workspace is on campus or at home. If you're interested in developing your professional potential or continuing your formal education, we offer a variety of tools and resources. Visit us at to learn more