Analyst, Accounting

The University of Chicago biomedical enterprise houses three entities: the Biological Sciences Division (BSD), the University of Chicago Medicine (UCM), and the Pritzker School of Medicine. Collectively called UCM, we are one of the nation's leading academic medical institutions and have been at the forefront of discovery, education, and clinical care since 1927. Located 20 minutes south of downtown Chicago, our Hyde Park main campus provides a single environment for learning, world-renowned basic science and clinical research, and outstanding clinical care.

About The Department

The BSD is the largest academic unit within the University. The BSD is comprised of faculty from ten basic science departments, thirteen clinical departments, and several centers and institutes. Approximately 1,300 faculty and 3,000 staff members working in the BSD collaborate across the organization to achieve our mission, vision, and values.

Job Summary

Under the direction of the Manager of Accounting and Reporting, the Accounting Analyst performs a variety of operating activities including critical components of the monthly closing process. This position is part of the BSD’s Accounting and Financial Reporting team of financial professionals that ensures accurate and timely financial reporting. The role works closely with UCMC and BSD departments to ensure correct intercompany transfers.

Responsibilities

• Processes and reviews intercompany and intracompany transfers.
• Affords assistance with divisional intercompany and intracompany transactions and reconciliations.
• Reviews intracompany (IC billing entries) to ensure internal controls are met as it relates to transfers within the Division and the University.
• Supports the month-end close including preparing and posting journal entries to ensure accurate and timely processing of financial transactions.
• Performs variance analysis on BSD consolidated or department transaction activity as needed.
• Supports core functions of Accounting and Finance.
• Ensures compliance with University accounting policies and the application of generally accepted accounting principles.
• Acts as a resource for team members, solving complex problems. Explains complex and sensitive information.
• Performs a variety of operating or cost accounting activities which require moderate knowledge of accounting theories and principles.
• Has a moderate/high level of authority in drafting income and balance sheet statements, consolidated statements, and various other accounting statements and reports.

Requirements

• Education: Minimum requirements include a college or university degree in related field.
• Work Experience: Minimum requirements include knowledge and skills developed through 2-5 years of work experience in a related job discipline.

Qualifications

• Education: Bachelor’s degree in accounting or finance.
• Experience: 5 years + experience in accounting and finance strongly preferred, Background in Academic Medical Centers strongly preferred.

Preferred Qualifications

• Education: Bachelor’s degree in accounting or finance.
• Experience: 5 years + experience in accounting and finance strongly preferred, Background in Academic Medical Centers strongly preferred.

Benefits

The University of Chicago offers a wide range of benefits programs and resources for eligible employees, including health, retirement, and paid time off. Information about the benefit offerings can be found in the Benefits Guidebook.