Financial Accounting and Reporting Analyst - Hybrid
Univ Acct & Fin Report Sponsorship for Work authorization is not available for this position. Job Summary
Under general administrative direction, perform complex analytical and developmental work related to movable equipment processes and accounting, including year-end close activities. Provide functional support across University Accounting and Financial Reporting operations, and contribute to the development, implementation, and ongoing maintenance of policies and procedures within assigned areas of responsibility. Operate effectively in a dynamic environment characterized by frequent interruptions and competing priorities, demonstrating strong organizational skills, adaptability, and the ability to manage multiple tasks concurrently. Exercise sound judgment and maintain accuracy while working under pressure to ensure daily operational requirements are consistently met. Duties & Responsibilities
- Assist the Assistant Director in performing routine assigned reconciliations, including weekly and monthly reconciliations, to ensure the accuracy, completeness, and consistency of financial and asset data between multiple systems. Investigate and resolve discrepancies in a timely manner.
- Analyze transactional and supporting documentation to validate the accuracy of movable equipment costs for both tracked and capitalized assets. Ensure proper capitalization, classification, and recording in accordance with university policy, regulatory requirements, and applicable accounting standards.
- Assist the Assistant Director with data queries, data extraction, and analytical review to support financial reporting, operational analysis, and audit requirements.
- Monitor departmental compliance with university policies, regulatory requirements, and best practices related to movable equipment and asset management. Identify process gaps and recommend corrective actions as needed.
- Prepare quarterly depreciation calculations and projections for UIC Hospital units, ensuring accurate recording and reporting in the financial system.
- Assist the Director in coordinating and monitoring audit requests, compiling supporting documentation, and ensuring accurate and timely responses to internal and external auditors.
- Conduct periodic review and audit of departmental processing activities, including, but not limited to, quarterly asset attributes, tracking for year-end reporting for Gift-in-Kind general non-cash addition transactions, art and library collection additions, and adjustments to ensure accuracy, proper valuation, and compliance with applicable policies and reporting requirements.
- Assist with year-end closing activities.
- Review and coordinate deferral and accrual postings in collaboration with the University Accounting Services (UAS) team to ensure accurate year-end financial reporting. Develop a correspondence in coordination with University Accounting Services (UAS) to communicate updates, policy changes, and procedural guidance to campus units. Serve on University, Campus, and/or University Accounting committees/teams as assigned. Perform other duties appropriate to the position of Financial Accounting and Reporting Analyst as assigned.
Preferred Qualifications Preferred:
1. CPA Certification or documented progress towards a CPA Certification
2. Working knowledge of SCT Banner Finance modules
3. Knowledge of the State of Illinois reporting requirements
4. Database management experience
5. Experience working with higher education and/or other fund accounting systems
Knowledge, Skills and Abilities
- Demonstrated analytical skills to perform financial analysis of business transactions and perform complex reconciliations.
- Knowledge about querying and reporting tools (e.g., Microsoft Access).
- Effective technical skills.
- Strong verbal and written communication skills to effectively present information and respond to colleagues and others seeking guidance and/or clarification about issues.
- Strong interpersonal skills to establish and maintain effective working relationships.
- Ability to multitask and produce accurate, detail-oriented work to meet stringent deadlines.
- Creativity in problem-solving and exercising independent judgment and discretion.
- Proficient in computer skills, including Microsoft Word, Excel, and Outlook.
Application Procedures & Deadline Information Applications must be received by 6:00 pm (Central Time) on April 26th, 2026. Apply for this position using the Apply Now button at the top or bottom of this posting. In order to be considered as a transfer candidate, you must apply for this position. Applications not submitted through will not be considered. If required by the position, transcripts or other documentation of credentials are to be provided no later than the first day of employment. For further information about this specific position, please contact Bree Smith at [email protected] . For questions regarding the application process, please contact 217-333-2137. At the University of Illinois Urbana-Champaign - the state's flagship public university and one of the world's leading research institutions - every staff member helps shape what's next . Founded in 1867, Illinois is home to a vibrant community of 59,000 students from all 50 states and 129 countries, supported by 15 colleges and instructional units, more than 20 research institutes, and one of the most comprehensive student service ecosystems in the nation. Whether you're empowering first-generation students, fueling breakthrough innovation, or strengthening communities across Illinois and beyond, your work here has a far-reaching and deeply meaningful impact. The university offers a highly competitive benefits package designed to support your well-being, growth, and financial security. Join a top 10 public university that has launched over 330 startups and continues to redefine excellence - where the Illinois Value Proposition ensures that your contributions are recognized, your potential is nurtured, and your career can thrive. Champaign-Urbana Artificial Intelligence (AI) tools may be used in some portions of the candidate review process for this position; however, all employment decisions will be made by a person. This position is intended to be eligible for benefits . This includes Health, Dental, Vision, Life Insurance, a Retirement Plan, Paid time Off, and Tuition waivers for employees and dependents. The University of Illinois System is an equal opportunity employer, including but not limited to disability and/or veteran status, and complies with all applicable state and federal employment mandates. Please visit Required Employment Notices and Posters to view our non-discrimination statement and find additional information about required background checks, sexual harassment/misconduct disclosures, and employment eligibility review through E-Verify . Applicants with disabilities are encouraged to apply and may request a reasonable accommodation under the Americans with Disabilities Act (2008) to complete the application and/or interview process. Accommodations may also be requested on the basis of pregnancy, childbirth, and related conditions, or religion. Requests may be submitted through the reasonable accommodation portal , or by contacting the Office for Access & Equity at 217-333-0885, option #1, or [email protected] . Requisition ID : 1035799
Job Category : Professional and Administrative
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