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SR FINANCIAL ANALYST

Loyola University Of Chicago
403(b)
United States, Illinois, Chicago
820 North Michigan Avenue (Show on map)
Jan 18, 2025
Position Details
Position Details


Job Title SR FINANCIAL ANALYST
Position Number 8101541
Job Category University Staff
Job Type Full-Time
FLSA Status Exempt
Campus Chicago-Water Tower Campus
Department Name FINANCIAL PLANNING
Location Code FINANCIAL PLANNING (04300A)
Is this split and/or fully grant funded? No
Duties and Responsibilities

  • Maintains strict confidentiality while serving as the Finance liaison to HR for Staff hires, equity adjustments, and position changes.
  • Performs monthly reconciliation of the LUC Staff Salary Position Control reports. Identifies and resolves variances between budgeted and actual expenditures. Ensures adequate projected funding. Works with Departments and HR to ensure that all salary costs are properly budgeted and controlled by Position.
  • Approves Staff Requisitions via PeopleAdmin. Ensures that each Requisition has adequate funding available in the operating budget. Performs a weekly reconciliation to ensure that newly filled Positions have exact funding and initiates budget adjustments to resolve funding variances as necessary.
  • Reviews and processes Staff Payroll Action Forms (PAF's) as they relate to budgeting including requesting, reviewing and approving budget adjustments and updating the payroll distributions in Lawson.
  • Maintains a continuous reconciliation between the Staff Salary Planning Systems and the budget planning system during the budget planning cycle to ensure that set control totals are not exceeded. Verifies the Staff Salary Budget file prior to upload to Lawson in June.
  • Performs financial analysis related to tuition, identifies trends and prepares reports to help management make informed long- and short-term funding decisions. Tracks PowerBI dashboard data against budget/forecast and analyze variances.
  • Performs ad hoc forecast and budget analysis as required.

Minimum Education and/or Work Experience
Bachelor's Degree and five years experience in Accounting or Financial Analysis. CPA and/or MBA strongly preferred.
Qualifications
Bachelor's Degree in Accounting or related field and five+ years experience in Accounting, Budgeting or Financial analysis required. Master's degree preferred. Strong analytical and communication skills. Ability to conceptualize large projects and complete in a timely and organized manner. Must be a self-starter with the ability to multi-task and work well under tight deadlines. Ability to work well independently and as part of a team. Strong work ethic required.
Certificates/Credentials/Licenses
N/A
Computer Skills
Must be familiar with financial systems and use of supporting software programs. Proficiency with Microsoft Office with advanced Excel skills.
Supervisory Responsibilities No
Required operation of university owned vehicles No
Does this position require direct animal or patient contact? No
Physical Demands None
Working Conditions None
Open Date 01/17/2025
Close Date
Position Maximum Salary or Hourly Rate $100,000/ann
Position Minimum Salary or Hourly Rate $85,000/ann
Special Instructions to Applicants
About Loyola University Chicago
Loyola University Chicago is a private Jesuit University founded in 1870 by the Society of Jesus. One of the largest Catholic Universities in the United States, Loyola's professional schools include programs in medicine, nursing, and health sciences anchored by the Loyola University Medical Center, and the Loyola University Chicago School of Law. Comprised of thirteen colleges and schools, Loyola University Chicago offers more than 80 undergraduate and 140 graduate/professional programs while enrolling approximately 17,000 students. In addition to offering a world class educational experience, Loyola University Chicago strives to be an employer of choice by offering its staff and faculty a wide array of affordable, comprehensive, and competitive benefits. Our benefits are centered on health and wellness, financial security, equity, and work-life balance. We offer medical, dental, vision, 403(b), HSA, FSAs, tuition benefit, pre-tax transit benefits, EAP, and more. To view our benefits in detail, click here.
As one of the nation's largest Jesuit, Catholic Universities, Loyola University Chicago fosters a transformative cultural experience that honors Diversity, Equity, and Inclusion. We are committed to recruiting and retaining a diverse, mission driven workforce that enables a culture of inclusivity. We act with the heart of a nonprofit organization and an academic enterprise with ethical practices that advance the Jesuit Mission. Loyola actively seeks to build a community of diverse opinions, perspectives, and backgrounds that support our Jesuit tradition, while helping Ramblers foster a sense of belonging and affinity for all.
Loyola University Chicago is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion (except where religion is a bona fide occupational qualification for the job), national origin, sex, age, disability, marital status, sexual orientation, gender identity, protected veteran status or any other factor protected by law.
Quick Link for Posting https://www.careers.luc.edu/postings/30749
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