Financial Analyst, The Office of Finance, Administration and Budget

About the role

This position provides financial expertise for units within Campus Leadership in the Office of Finance, Administration and Budget (FAB). The role is responsible for providing financial information, transactional support, and account reconciliation, and for delivering the data, processes, and guidance needed to ensure compliance with Indiana University (IU) and Indiana University Foundation (IUF) policies.

Department Specific Responsibilities

• Prepares ad hoc and scheduled analyses of IU and IUF financial activity, comparing current activity to prior years and to budget.
• Investigates and explains variances, identifies trends, and works to understand the activity underlying the numbers.
• Synthesizes data into a clear narrative that is meaningful to unit leaders so they can respond and make decisions about the allocation of resources.
• Regularly explains financial concepts to non-financial employees, conveying what a number means and not just what it is.
• Supports the organization's financial transaction processing.
• Reviews requested transactions for compliance with applicable policy.
• Provides the information needed to request transaction processing through Shared Services.
• Reviews financial statements and makes adjusting entries in the Kuali Financial System (KFS) to both actual and budget data.
• Reconciles financial statements on a timely basis.
• Stays knowledgeable about existing and emerging tools including automation and AI capabilities that improve analysis, reporting, and documentation as well as financial policies and processes.
• Participates, as appropriate, in the review of new policies and processes and provides feedback.
• Drafts documentation regarding policies and processes to share with employees in the units served. Provides follow-up communication and training as necessary.

General Responsibilities

• Following established procedures, performs periodic fiscal analysis of income statements, balance sheets, and cash flows and compiles trends to guide financial decisions.
• Provides general 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 serve as fiscal delegate for department accounts.
• Presents findings using tools such as spreadsheets, charts, graphs, and technical reports.

This position is posted at the Core Level but may be filled at the Career Level depending on the candidate's qualifications. Although they will be similar, the duties and responsibilities may differ if filled at the higher rank. Please see the qualifications for each level listed below.

Core Level Qualifications

Education: Bachelor's degree in accounting, finance, or related field.

Experience: 1 year in finance, financial administration, accounting, or related field.

Required Skills:

• Ability to analyze and interpret financial data.
• Demonstrated analytical skills.
• Articulate and responsive to colleagues.
• Demonstrates a high level of accuracy, even under pressure.
• Performs work independently with minimal supervision.
• Demonstrated time management and priority setting skills.

Preferred:

• Knowledge of IU systems, including HRMS, the KFS general ledger, Buy IU, and Emburse.
• Experience with business intelligence and visualization tools such as Power BI or Tableau.
• Experience applying AI or automation tools to financial workflows.
• A strong foundation in accounting, including knowledge of accounting and budgeting standards and procedures.
• Intellectual curiosity enjoys digging into the numbers, investigating and explaining variances, identifying trends, and understanding the underlying activity.
• Strong written and verbal communication skills, with the ability to translate financial information into a clear story for non-financial audiences.
• Strong people skills and the ability to build trusted working relationships across units.
• AI-aware and capable, with the ability to use and learn AI and automation tools that improve analysis, reporting, and efficiency.
• Proficiency with spreadsheets and data visualization tools, with a high level of accuracy.

Career Level Qualifications

Education: Bachelor's degree in accounting, finance, or related field.

Experience: 2 years in finance, financial administration, accounting, or related field.

Required Skills:

• 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:

• A strong foundation in accounting, including knowledge of accounting and budgeting standards and procedures.
• Intellectual curiosity enjoys digging into the numbers, investigating and explaining variances, identifying trends, and understanding the underlying activity.
• Strong written and verbal communication skills, with the ability to translate financial information into a clear story for non-financial audiences.
• Strong people skills and the ability to build trusted working relationships across units.
• AI-aware and capable, with the ability to use and learn AI and automation tools that improve analysis, reporting, and efficiency.
• Proficiency with spreadsheets and data visualization tools, with a high level of accuracy.
• Strong organizational, time-management, and analytical skills.

Pay

• If filled at Core: $51,000–$57,000, based on experience
• If filled at Career: $63,000–$65,000, based on experience

Benefits

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)