Financial Analyst

Department

ARTS & SCIENCES; DEAN (BL-ARSD-IUBLA)

The College of Arts and Sciences is the largest academic unit at Indiana University(IU) Bloomington. It is composed of 40 plus departments, 50 plus Centers, Programs, and Institutes, while also including the Eskenazi School of Art, Architecture and Design, the Hamilton Lugar School of Global and International Studies, and The Media School.

Faculty in the College teach over 50 percent of the Indiana University Bloomington credit hours and the College occupies about
1.3 million square feet of space in 80 plus buildings on the Bloomington campus.

• Collaborates with the Assistant Director of Auxiliary Services,and is responsible for managing auxiliary activity within the College of Arts and Sciences and serves as a resource for financial auxiliary oversight.
• Performs bi-annual rate reviews for units, reviews, and approves auxiliary transactions, maintains compliance according to recharge accounting policy, and serves as the departmental auxiliary liaison with the College of Arts and Sciences (The College) and other administrative and service units as it relatesto auxiliary activity.
• Serves as fiscal officer delegate for The College auxiliary accounts and oversees auxiliary activity for assigned facilities,monitors and coordinates activities with the facilities directors,and works with The College Assistant Director for Auxiliaries to implement and monitor financial practices, and provides reporting to Recharge Accounting.
• Monitors expenditures and income to ensure financial stability is accurately evaluated, initiates requests for new revenue producing activities, and updates for on-going activities as appropriate.
• Stays up to date on federal guidelines as they apply to recharge accounting and federal fund expenditures.
• Meets regularly with auxiliary directors and managers toreview, analyze, and advise on the status of their accounts and establish projected goals, ensuring managers are trained in operating policies and procedures following IU guidelines, and complying with federal regulations.
• Formulates, affects, interprets, and implements management policies and operating practices related to the auxiliary facility operations.
• Analyzes internal processes, recommends, develops, and implements departmental procedural or policy changes to improve andensure operational efficiency, effectiveness, and quality customer service.
• Performs monthly, quarterly, and annual reporting and analysis on various departmental accounts, assembles and providesstatistical data and ad hoc reporting to the department financial leaders, and outside agencies as requested for completing reports and surveys.
• Applies knowledge to accepted procedures and standards,performs financial and administrative tasks related to managing thedaily and long-term financial and/or administrative operations for research laboratory services, research support services, or student and public facing enterprise or recharge organizations within aschool or college.
• Makes recommendations on policies and guidelines for division/department activities.
• Monitors closely all expenditures and revenue generation toensure regulatory compliance and fiscal integrity.
• Manages auxiliary recharge and enterprise accounts and comprehends the basics of other account types and purposes.
• Develops, plans, and makes recommendations on special projects,which may include space allocations, staffing, equipment purchases,and long-range plans.
• Prepares operating and project budget drafts. Regularly explains financial concepts to non-financial employees.
• Monitors division/departmental budgets and resolves orrecommends resolutions for any significant deviations from approvedbudgets.
• Provides guidance to lower-level employees within departments.

• Performs detailed periodic fiscal analysis of incomestatements, balance sheets, and cash flows and compiles trends toguide financial decisions.
• Provides specialized 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 provide guidance to lower-level employees.
• May serve as fiscal delegate for department accounts.
• Presents findings using tools such as spreadsheets, charts,graphs, and technical reports.
• Verifies accuracy of data and makes recommendations for corrections.

Combinations of related education…