Financial Analyst II, Department of Campus Administration; Finance); COM-P

Financial Analyst II, Department of Campus Administration (Finance) (COM-P)

• Posting Number: req
  26990
• Department: COM Phx Campus Administration
• Location: Greater Phoenix Area
• Address: 475 N 5th Street, Phoenix, AZ 85004 USA

Reporting to the Accounting Manager, the Financial Analyst II plays a critical role in supporting the financial operations of Medical Imaging. This position is responsible for assisting in financial analysis of department accounts and fund balances and for guiding lower-level financial analyst staff with faculty and staff salary distributions, monitoring budgets and fund balances, and reconciling accounts to ensure accuracy and compliance.

As a key member of the Finance and Operations team, the Financial Analyst II contributes to the department's and center's success by providing personalized service and ensuring efficient financial management.

• Visa sponsorship is not available for this position.

Outstanding U of A benefits include health, dental, and vision insurance plans; life insurance and disability programs; paid vacation, sick leave, and holidays; UA/ASU/NAU tuition reduction for the employee and qualified family members; state retirement plan; access to UA recreation and cultural activities; and more!

The University of Arizona has been recognized for our innovative work-life programs. For more information about working at the University of Arizona and relocation services, please .

• Review and Monitor departmental accounts to ensure appropriate spending and compliance with university and external agency regulations.
• Utilize general moderate knowledge of University systems and department tools to support financial analysis and reconciliation efforts.
• Participate in department planning sessions.
• Monthly prepare Principal Investigators (PIs) account summary and balance reports for internal review and provide any recommendations based on analysis.
• In conjunction with the Post Award team monitor grants and contracts, ensuring alignment with contract budget and scope of work as determined by the sponsor.
• Monthly reconciliation of department accounts, including requesting GEC's, SET's, DI's, TOF's and investigate any accounting discrepancies.
• Identify budget variances, providing explanations, and offering recommendations for corrective action.
• Support the department administrator with assigned UA and UAF accounts to ensure accuracy and financial compliance, budget development, expense management, financial analysis and reporting Distribution of Effort preparation and follow through.

Mentors and provides guidance and training to lower level finance staff to:

• Organize and file departmental account documentation and correspondence, financial transactions per records retention schedules, and other sponsor supporting documentation.
• Ensure accuracy in salary distributions, budget monitoring, and fund balance tracking.
• Weekly data entry of personnel transactions (new hire, job data changes, and position distribution changes) into COM-T database, which includes calculating funding plans, distribution of effort, and budget changes.
• Reconcile UA Purchasing Card (P-Card) transactions and compile supporting documentation, ensuring compliance with university policies and procedures.
• Analyze spending patterns to identify opportunities for cost reductions and process improvements.
• Provide financial data to administrative staff to support the preparation of disbursement vouchers, travel authorizations, and expense reimbursements.
• Assist with generating financial reports, forecasts, and budgets by offering data analysis and insights.
• Initiate and process UA Foundation forms for reimbursements and fund transfers.
• Collaborate with the finance team to monitor fund allocations, ensuring alignment with budget projections and financial models.
• Perform general error corrections to address accounting discrepancies.
• Conduct financial analysis to verify the accuracy of the general ledger and support the preparation of accurate financial statements and reports.
• Assist with department's College All Funds Quarterly Budget including gathering internal salary information, assisting managers with projecting operations, travel, capital equipment, etc.
• Preparation of financial forecasts which may include analyzing historical data, identifying trends, and making projections to support higher-level Financial Analysts with budgeting decisions.
• Communicate with department faculty and staff and may interpret University and…