Job Description

Job Description:

• Partners with the Director of Financial Planning and Analysis (FP&A) and Debt Capital Markets in producing various long-term forecasting models and analysis needed for the highest level of decision support for the Consolidated University. As of FY24, the Consolidated University operating revenue was $7.5 billion and net assets were $11.6 billion.
• Engages various stakeholders throughout the University, Medical Center and Marine Biological Laboratory to analyze data and scenario plan for the downside and upside impact of initiatives and external factors like inflation, rising interest rate environment, labor force pressures, global crisis, and a federal government shutdown to name a few.
• As new opportunities and challenges are presented to the University leaders, this position will be expected to be a key member of the FP&A team who conducts analyses and makes recommendations that support decisions beneficial to the University. These recommendations will often be presented to the Board of Trustees for information sharing and/or formal approvals.
• Leads the development of periodic reporting for use by leadership and the Board. Reporting includes development of current-year projections of financial performance, dashboards providing detail of financial performance at the unit level, updating the Universityâ™s long-term financial forecast, and supporting analyses for the Universityâ™s financial plan.
• Mentors and assists other analysts and University employees in debt management, debt compliance, financial planning, and modeling.
• Assists with the development of financial policies and guidelines, in particular around the implementation and use of the chart of accounts and financial reporting for the new Oracle Enterprise Resource Planning (ERP) system.
• Plays a key role in the Universityâ™s finance team in the execution of bond transactions.
• Independently oversees and conducts various logistics and deliverables for rating agencies including quarterly liquidity reports, annual questionnaires, and presentations for each debt transaction.
• Ensures timely payment of debt service, swap payments, and fees, and maintains account balances.
• Records accounting entries on a monthly, quarterly, and as needed basis including interest, investment earnings, moneys received, and swap fair values.
• Supports the Universityâ™s overall debt management and debt-related efforts including financial analyses of the Universityâ™s existing debt and interest rate derivative portfolio and potential debt instruments. Maintains the debt reporting to provide ongoing decision support.
• Assists with the University's $600 million taxable commercial paper program, tracking of capital project expenditures and forecasts, and bond reimbursements.
• Manages the Universityâ™s debt compliance program including continuing disclosure obligations (such as Appendix A and MSRB EMMA postings), private business use (such as administration of the annual questionnaire and review of schedule K), annual officerâ™s certificates, and other requirements.
• Maintains or skillfully uses external databases including DAC, Archibus, Business Objects, and Oracle/Orbit. Ability to utilize Smart View for Oracle financial analysis is preferred.
• Partners with Director to complete audit responsibilities related to the Universityâ™s debt and works with the auditor to resolve any inquiries.
• Assists Director in preparing materials for Board meetings, including for the Financial Planning Committee, Executive Committee, and Ad Hoc committee.
• Identifies and addresses areas for process improvement within finance and treasury operations, including the ERP (Financial System Transformation in Oracle) and the treasury management system.
• Delivers ad-hoc reporting and analysis as needed to support the finance and treasury teams.
• Works independently to maintain and support the planning and execution of financial strategy.
• Reviews estimated expenditures. Develops expenditure projections and periodic budget variance reports. Prepares forecasts as well as analyses.
• Performs other related work as needed.

Preferred Qualifications

Education:

• Undergraduate or masterâ™s degree in a STEM, business, accounting or economics field.

Experience:

• Higher education finance, corporate or municipal finance, treasury management, and/or accounting.

Technical Skills or Knowledge:

• Fluency in using Microsoft Office (Excel, PowerPoint, Word).
• Working knowledge with Oracle Cloud or other ERP system.
• Strong quantitative skills and demonstrated understanding of banking and tax-exempt and taxable debt concepts.
• Familiarity with GAAP financial statements.

Preferred Competencies

• Team-oriented professional who embraces and advocates for diversity, equity, and inclusion as good business practice.
• Interact quickly, thoughtfully, and impactfully with internal/external partners.
• Organized and proactive with managing multiple projects and competing priorities to meet deadlines.
• Curiosity-driven and continuously interested in professional growth.
• Strong writing and presentation skills and deliver complex information in a concise and effective manner that adds to decision support at the highest level.
• Proven attention to detail and desire to continuously learn and improve.

Application Documents

• Resume/CV (required)
• Cover Letter (preferred)

The University of Chicago is an Affirmative Action/Equal Opportunity/Disabled/Veterans Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national or ethnic origin, age, status as an individual with a disability, protected veteran status, genetic information, or other protected classes under the law. For additional information please see the University's Notice of Nondiscrimination.

Staff Job seekers in need of a reasonable accommodation to complete the application process should call 773-702-5800 or submit a request via the Applicant Inquiry Form.

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About University of Chicago (UC)

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