Business and Finance Specialist; Hybrid

Business and Finance Specialist (Hybrid)

Business and Finance Specialist (Hybrid)

Univ Counsel-UIUC
- Hybrid

Sponsorship for work authorization is not available for this position. Posting Category:

System Office jobs such as this one are not eligible for the Referral Program.

Reporting to the Assistant Director, Business and Contract Administration, the Business and Finance Specialist is responsible for finance-related operations for the Office of University Counsel (OUC) in accordance with University policies and State and Federal laws and for applying accounting, business principles, and procedures. The Business Specialist routinely interacts with other departments on campus and staff within OUC as well as participates in and responds on behalf of the department.

DUTIES AND RESPONSIBILITIES

• Financial Operations (30%) Manages financial transactions for the Office of University Counsel (OUC), including P-Card and T-Card purchases, reimbursements, deposits, professional development expenses, and travel-related transactions. Maintains financial records, resolves payment issues, and ensures compliance with University policies and procedures. Provides training and guidance to OUC employees on financial processes and requirements.
• Legal Settlement Administration (30%) Coordinates and processes legal settlement payments in collaboration with OUC attorneys, the OUC Claims Office, the Office of Risk Management, and other University units. Reviews and communicates court orders and judgments as needed to ensure timely and compliant payment processing through Emburse or other approved methods. Maintains tracking and reporting processes and ensures accurate recording and documentation of settlement activity.
• Budget Administration and Financial Management (15%) Performs journal voucher transactions, account reconciliations, and financial reporting activities for OUC operations. Monitors revenues and expenditures on departmental accounts while ensuring compliance with University policies and procedures. Provides financial analysis and ad hoc reporting.
• Procurement and Vendor Management (10%) Serves as liaison between OUC, System Purchasing, and vendors regarding non-legal services purchase orders and contracts, and vendor documentation requirements. Evaluates departmental needs, obtains and reviews competitive quotes as needed, and provides purchasing recommendations to leadership. Ensures timely processing of annual purchase order renewals and compliance with procurement requirements.
• Outside Counsel Assignment (5%) Facilitates the assignment of legal matters from OUC attorneys to outside counsel law firms under existing contracts and maintains related records using Legal Files software.
• Business Process Improvement (5%) Leads and supports continuous improvement initiatives related to OUC business operations. Collaborates with staff to identify efficiencies, implement improvements, and communicate process changes to OUC employees.
• Special Projects and Other Duties (5%) Participates in special projects and performs related duties in support of departmental goals and operational needs, as assigned.

• Financial Operations (30%) Manages financial transactions for the Office of University Counsel (OUC), including P-Card and T-Card purchases, reimbursements, deposits, professional development expenses, and travel-related transactions. Maintains financial records, resolves payment issues, and ensures compliance with University policies and procedures. Provides training and guidance to OUC employees on financial processes and requirements.
• Legal Settlement Administration (30%) Coordinates and processes legal settlement payments in collaboration with OUC attorneys, the OUC Claims Office, the Office of Risk Management, and other University units. Reviews and communicates court orders and judgments as needed to ensure timely and compliant payment processing through Emburse or other approved methods. Maintains tracking and reporting processes and ensures accurate recording and documentation of settlement activity.
• Budget Administration and Financial Management (15%) Performs journal voucher transactions, account reconciliations, and financial reporting activities for OUC operations. Monitors revenues and expenditures on departmental accounts while ensuring compliance with University policies and procedures. Provides financial analysis and ad hoc reporting.
• Procurement and Vendor Management (10%) Serves as liaison between OUC, System Purchasing, and vendors…