This job was posted by https://illinoisjoblink.illinois.gov : For moreinformation, please see:https://illinoisjoblink.illinois.gov/jobs/11595507 Financial Analyst(Analyst, Senior, or Lead)
Technology Services
University of Illinois at Urbana-Champaign
Technology Services is looking for a Financial Analyst, Senior FinancialAnalyst, or Lead Financial Analyst to join our Financial Analysis team.This position will partner with Technology Services Business Office andTechnology Services management to provide budget, cost and benefit, andquantitative analysis. This position will analyze sensitive data,produce strategic reports, and make cost and value managementrecommendations within a changing business environment. We are lookingfor candidates who can compile data from various sources and present thedata as valuable information. A successful candidate will have excellentcommunication and customer service skills and a desire to learn and worktowards process improvement through repeatable, automated processes.Fully remote work may be possible for this position per theUniversity\'s Workplace Flexibility policy .
Why Work at Technology Services?
Highlights of Employee Benefits
Job Summary
Partner with Technology Services Business Office and Technology Servicesmanagement to provide budget, cost and benefit, and quantitativeanalysis. Analyze sensitive data, produce strategic reports and makerecommendations in cost and value management within a changing businessenvironment.
Lead only : Partner with organizational management, Rate & Fundingcommittees, technical leadership, junior staff, and the Business Officeto provide information and make recommendations for strategic decisionmaking thorough in-depth budget analysis, cost & benefit analysis andbusiness process improvement. Analyze business data, produce strategicreports, and submit proposals in cost and value management, budget andrate development within a changing business environment.
Financial Analyst Duties & Responsibilities
Financial Reporting
Contribute to ensuring accuracy in Activity Based Costing processesincluding the use of Lines of Business and Basic Product andServices Elements.Provide financial reporting and present materials in anunderstandable manner and enable timely financial operations anddecisions.Provide monthly budget facilitation, working with managers to helpthem understand their financial position.Collect and compile quarterly personnel service allocations, raisequestions, and investigate variances.Create financial reports by using various tools.Financial Analysis
Work with Business and Finance management and Service Managers todevelop services rates.Provide financial analysis to support Technology Services costingstructures.Regularly monitor budget, raise questions, investigate variances,and analyze trends.Service Support / Continuous Improvement
Analyze cost and benefit for both financial and non-financialinformation to provide recommendations and action plans to improveservice levels.Act as an advocate for Technology Services customers in financialneeds across the organization.Understand the overall processes and procedures of the organizationand make recommendations in the continual improvement of thoseprocesses and procedures, providing for management analysis andrecommendations on continuous improvement.Attend staff meetings and participate in training programs,seminars, and classes.Senior Financial Analyst Duties & Responsibilities
Financial Analysis
Responsible for strategic financial analysis requiring design anddistribution of reports, using various tools. Provide interpretationof data, presentation of materials in understandable manner,analys s of trends and recommendations to leadership.Responsible for service cost recovery rate calculation and rateanalysis.Assist with budget planning with senior leaders and providemonitoring and recommendations.Analyze cost and benefit for both financial and non-financialinformation to provide recommendation and action plans to improveservice levels.Provide Ad Hoc reporting, financial analysis, and recommendations.Work with Business and Finance management to develop services ratesand funding model.Provide detailed information and financial analysis to supportTechnology Services costing structures.Partner with Senior Business and Contract Specialists on IT servicesrates and funding project.Financial Reporting
Ensure accuracy in Activity Based Costing processes including the use ofLines of Business and Basic Product and Services Elements andmaintaining these in systems.
Produce budget analysis and reporting for internal use.
Provide monthly budget facilitation, working with managers to help themunderstand their financial position and make wise budget decisions.
Ensure accuracy in billing of services, including reporting of r