What are the responsibilities and job description for the Financial Accounting and Reporting Analyst - Hybrid position at illinois?
Duties & Responsibilities
- Assist in the preparation of annual financial reports required by University bond indentures.
- Assist in the preparation of the annual University-wide financial statements and related supporting schedules.
- Assist with preparation and analysis of University-wide data and prepare reports for upper management on a monthly basis or upon request.
- Assist with resolution of University-wide financial audit inquiries and issues to ensure the completion of the annual financial audits by the external auditors in a timely manner.
- Provide analysis of transactional data to ensure integrity of University-wide financial data systems. Advise units of inappropriate or inconsistent transactions.
- Monitor plant fund activity and assist in the maintenance of real property records in the Banner Fixed Asset module.
- Assist UAFR staff and other units in plant fund maintenance - eliminate overdrafts, resolve posting errors, post adjustments, transfer funds, assign proper capitalization designation to projects, and administer plant fund transactions.
- Assist with review disbursements from plant funds subsequent to year-end to validate year-end accrual calculations are accurate.
- Collaborate with departments (system wide) and property accounting staff on analyses and set up of new leases. Work with the various University units to execute the necessary steps to ensure adherence to lease accounting standards. Serve on University, Campus and/or University Accounting committee/teams as assigned. Perform other related duties as assigned.
