General Information
| Job Description | FINANCIAL ANL 1 | Working Title | Financial Analyst, Neurosciences |
|---|---|---|---|
| Job Code | 007707 | Grade | 18 |
| Department Name | SOM Neuroscience - D02016 | Department Head | Maria Aldana |
| Supervisor | Jeffrey Jin | Effective Date | 06/13/2021 |
Position(s) Directly Supervised
| Job Code | Title | FTE |
|---|
Generic Scope
| Entry-level professional with limited prior experience; learns to use professional concepts to resolve problems of limited scope and complexity; works on assignments that are initially routine in nature, requiring limited judgment and decision making. Employees at this level are expected to acquire the skills and knowledge to perform more advanced work following an agreed upon time in position, through defined training and development planning. |
Custom Scope
| Uses professional concepts. Applies organizational policies and procedures to resolve routine issues. Works on problems of limited scope. Follows standard practices and procedures in analyzing situations or data from which answers can be readily obtained. Contacts are primarily internal to the department or unit. |
Department Custom Scope
| The Financial Analyst will be responsible for providing financial and analytical support to the neurosciences department. Under close supervision of the Finance and Administrative Officer (FAO), the incumbent will assist in financial transactions, review of budgets, conduct reconciliation activities, understand and apply accounting principles and university policies to work to support accuracy of financial data for the department. |
Education & Experience Requirements
Education Requirements
| Degree | Requirement |
|---|---|
| Bachelor's degree in related area and/or equivalent experience/training. | Required |
Experience Requirements
| Experience | Requirement |
|---|---|
| 0 - 1 years of related experience. | Required |
| Prior experience in a university or healthcare setting performing financial tasks. | Preferred |
| Experience with generally acceptable accounting principles (GAAP). | Preferred |
License Requirements
Certification Requirements
| Certification | Requirement |
|---|
Educational Condition Requirements
| Condition | Requirement |
|---|---|
| In lieu of the bachelor degree requirement; a candidate can have four years of directly related experience. | Required |
Key Responsibilities
| Description | % Time |
|---|---|
Under direct supervision, responsible for providing analytical support for simple to moderate budget, financial or resource analysis projects.
|
40 |
Performs basic financial or resource analysis to understand past performance and determine present and future performance and/or resource allocations.
|
30 |
| Maintains department chart of accounts, and related business processes. | 5 |
| Follows procedures to ensure internal controls are maintained to protect University resources. | 5 |
| Under general direction, assigned to manage the ledger reconciliation process for small operating budgets, as well as work directly with unit leads to present financial budget reports on a monthly basis. | 5 |
| Responsible for independently assessing and analyzing operating budgets and subsequently processing the necessary payroll and non-payroll costing adjustments, upon approval from the respective unit manager. Develops models that incorporate such projected changes. | 5 |
| As assigned, other project related work and tasks. | 5 |
| Develops written procedures for financial processes and reports. | 5 |
Knowledge, Skills & Abilities
| Knowledge/Skill/Ability | Requirement |
|---|---|
| Basic knowledge and understanding of internal control practices and their impact on protecting University resources. | Required |
| Ability to effectively communicate verbally and in writing. | Required |
| Basic proficiency using spreadsheet and database software in financial analysis, fiscal management, and financial reports. | Required |
| Ability to adapt to changing priorities. | Required |
| Basic interpersonal skills; broad service orientation and critical thinking skills; and attention to detail. Under management guidance, uses organizational skills to multi-task in a high volume environment. | Required |
| Basic knowledge of finance policies, practices, and systems. | Required |
| Acquiring ability to gather reasonably retrievable information to organize and perform basic financial analysis assignments. | Required |
| Ability to function as a member of a team. | Required |
| Basic fund accounting knowledge as well as familiarity with basic GAAP principles. | Preferred |
| Intermediate or advance excel skills in order to develop financial reports, as well as to merge data from different data sources. | Preferred |
Special Requirements & Conditions
| Special Condition | Requirement |
|---|---|
| Occasional travel for university related business meetings, conferences and/or professional development. | Required |
Other Special Requirements & Conditions
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Level of Supervision Received
| Close Supervision |
Environment
Working Environment
| Office setting; this position is located off campus at the UC Intelli-Center. |
Other Requirements
Items Used
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Physical Requirements
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Mental Requirements
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Environmental Requirements
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Critical Position
| Is Critical Position: Yes |