Accounting and Finance Manager - IQMP

Accounting and Finance Manager - IQMP

Illinois Quantum & Microelectronics Park

This position will be eligible for a hybrid work arrangement but will require regular presence in Chicago.

This position is not eligible for any type of sponsorship for work authorization.

The University of Illinois Urbana-Champaign is a public land-grant research university in Illinois in the twin cities of Champaign and Urbana. It is the flagship institution of the University of Illinois system and was founded in 1867. The university serves the people of Illinois through a shared commitment to excellence in teaching, research, public engagement, economic development and health care. Faculty, staff and students share their knowledge, expertise and resources with residents in every corner of the state through public service and outreach programs.

The Illinois Quantum and Microelectronics Park (IQMP) is a first-of-its-kind park for quantum scale-up and related quantum and advanced microelectronics research and development. Minutes away from downtown Chicago along Lake Michigan, this site will:
1) build on a track record of historic investment by the State in quantum information science and technology, and
2) further establish Illinois as a global hub for quantum. The park is designed to support the full ecosystem of companies, researchers, suppliers, end users and other partners working to facilitate the development and commercialization of quantum technologies, including the world's first fault‑tolerant computers. For more information, visit our website.

Under limited supervision, manages accounting responsibilities for the Illinois Quantum and Microelectronics Park. This position prepares financial reporting, reconciles payments, performs grant accounting, and supports the procurement and contract administration with the integral knowledge of University policies, procurement, and accounting procedures to perform the work.

• Accounting Management:
  • Manage accounting and expense reporting for all IQMP accounts and University related accounts, including state and federal grant awards and provide periodic reports and supporting documentation to sponsored agencies as required. Complete monthly reconciliation of all accounts in a timely manner. Serve as primary resource for approving iBuy, P-Card and T-Card transactions and for processing vendor payments and travel/expense reimbursements in Emburse.
  • Upload and reconcile transactions into Quickbooks for IQMP, LLC and manage IQMP fixed asset depreciation in Quickbooks.
  • Independently keep abreast of changes or updates to University policies and procedures as they relate to accounting systems and procedures.
  • Prepare schedules, worksheets, documentation, and correspondence for internal and external audits.
  • Other duties as assigned appropriate for an Accounting Associate.
• Financial Reporting:
  • Prepare monthly financial statements for IQMP operations, including allocation of expenditures by activity and budget line, and classification of revenue in appropriate categories.
  • Develop and present financial statements for IQMP leadership including the Chief Executive Officer, Chief Operating Officer and Board of Managers as requested, including annual budgets, year to date projections, reserve statements, debt obligations, and revenue/expenditure forecasts.
  • Perform financial analyses, account reconciliations, and budget reviews to support IQMP and NQF programs.
  • Monitor cash flow and initiate fund transfers for grant advances between the University and IQMP, LLC.
• General Administration:
  • IQMP inventory and property management including consumable supplies, furniture, lab equipment, and computers using University systems such as FABWeb. This includes IQMP fixed assets and University fixed assets located in IQMP facilities.
  • Support coordinate the creation of consultant contracts using established templates.
  • Maintain and update documentation to support operational procedures related to position.

• Bachelor's degree with a major in Accountancy or a related field AND five (5) years of professional level accounting experience.

  OR

  Possession of current registration as a Certified Public Accountant (CPA), Certified Management Accountant, or a valid license to practice Public Accounting (LPA).

  OR

  Master's degree in Accountancy or a related field.

• Experience with UIUC software systems and procedures.
• Experience with Quickbooks.
• Real estate or property management…