Financial Analyst

Department: MED-Cancer Center

Salary/Grade: EXS/6

Job Summary:

The pre-award financial analyst in the cancer center is responsible for securing clinical trials office administrative start up fees for all industry sponsored trials managing communication during negotiations. Communicates with the regulatory and clinical teams the status of trials as the protocol progresses through the different stages. Reviews coverage analysis and opens hospital research catalog to determine pricing for budget from the sponsor. Sends budget elements to six to eight other entities depending on complexity for their review before following up with the sponsor on proposed budget. Creates InfoEd proposals for multiple departments and processes executed contracts and many later amendments into InfoEd and NOTIS and subawards including responsibility for reconciling all subaward terms. They create and manage budgets in Study Tracker which is linked to EPIC for billing and compliance.

Supports a university accounting-related area or program.

Manages financial operations &/or analysis in support of area/unit's mission & in coordination with central offices such as HR, Budget, Financial Aid, Facilities, Purchasing, IT, Provost, etc.

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

Accounting policy & procedure

Analysis

Budget

Chart &/or account coding

Grants &/or awards

Reconciliation

Please note: Supervisor provides objectives & deadlines. Work is reviewed for fulfillment of objective & deadlines & overall compliance with policy & procedures. EE completes some activities without direction, informing supervisor only of potentially controversial matters, &/or far-reaching implications.

Specific Responsibilities:

Budget:

• Participates in determination of budget including fiscal resource allocation of appropriated, discretionary, endowment &/or gift revenues.

• Provides account research.

• Assists with budget projects.

• Updates budget estimates & provides commitment tracking support for all financial activity.

• Ensures lead schedules are prepared.

• Reviews & reconciles actual expenses to budget per NU Audit guidelines

Analysis, Statements & Reporting

• Performs financial account reconciliations, statement analysis, and transaction research.

Transactions:

• Provides review and oversight of all types of financial transactions some of which may be complex in regard to size or duration of account.

• Enters individual &/or summary of transactions into journals &/or general ledger or other NU enterprise system.

• 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.

• Controls account availability for all chart strings.

• Reviews status of related university accounts, transactions and processes; troubleshoots issues as needed

Grants &/or Awards:

• 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.

• Verifies accurate set up of sponsored project accounts.

Administration

• Obtains data by downloading from enterprise systems; develops and runs queries.

• Performs general office support activities

• Manages operation of or interaction with a computer system or system processes that support the area or program.

• Ensures that area service level goals are met.

Miscellaneous

Performs other duties as assigned.

Minimum Qualifications:

• 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.

Preferred Qualifications:

• Clinical Trials Experience

• Accounting background

Target hiring range for this position will be between $55,128-$68,911 per year. Offered salary will be determined by the applicant's education, experience, knowledge, skills and abilities, as well as internal equity and alignment with market data.

Benefits:

At Northwestern, we are proud to provide meaningful, competitive, high-quality health care plans, retirement benefits, tuition discounts and more! Visit us at https://www.northwestern.edu/hr/benefits/index.html 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 https://www.northwestern.edu/hr/benefits/work-life/index.html 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 https://www.northwestern.edu/hr/learning/index.html to learn more.

Northwestern strongly recommends COVID-19 vaccinations and boosters for people who can obtain them as a critical tool for minimizing severe illness. More information can be found on the COVID-19 and Campus Updates webpage.

The Northwestern campus sits on the traditional homelands of the people of the Council of Three Fires, the Ojibwe, Potawatomi, and Odawa as well as the Menominee, Miami and Ho-Chunk nations. We acknowledge and honor the original people of the land upon which Northwestern University stands, and the Native people who remain on this land today.

Northwestern University is an Equal Opportunity, Affirmative Action Employer of all protected classes, including veterans and individuals with disabilities. Women, racial and ethnic minorities, individuals with disabilities, and veterans are encouraged to apply. Click for information on EEO is the Law.

#LI-ER1