Financial Analyst Intermediate
University of Michigan
How to Apply
All applicants must submit a cover letter addressing qualifications for the position. In order for the Career Portal system to accept a cover letter; please include a cover letter as a page of your resume document. The cover letter should specifically address your interest in the position and outline skills and experience that directly relate to this position.
Job Summary
The following is a job posting for a Financial or Business Analyst Intermediate position at the University of Michigan Survey Research Center.
The Survey Research Center (SRC) has been a national and international leader in interdisciplinary social science research involving the collection of data from scientific sample surveys. SRC is part of the Institute for Social Research (ISR), and the Survey Research Operations (SRO) in the operations branch of the SRC.
SRO provides many services in survey and statistical design, data collection and processing, and data analysis. SRO provides these services to clients from SRC, to other departments within the University, and to researchers and organizations outside the University. Within SRO, staff members work on projects across a variety of substantive areas, using leading survey methodology and project management techniques, and state-of-the-art technical systems.
You will be part of the SRO Finance Group, reporting to the Financial Analyst Lead or the Finance Group Director. After a period of orientation, it is possible to request hybrid schedule with at least three days per week on site.
For additional information on SRC and SRO, please visit our websites at
https://src.isr.umich.edu/ and https://src.isr.umich.edu/services/survey-research-operations/.
Why Work at Michigan?
In addition to a career filled with purpose and opportunity, the University of Michigan offers a comprehensive benefits package to help you stay well, protect yourself and any eligible family members, and to plan for a secure future. Benefits include:
- Generous time off
- A retirement plan that provides two-for-one matching contributions with immediate vesting upon meeting eligibility requirements
- Many choices for comprehensive health insurance
- Life insurance
- Long-term disability coverage
- Flexible spending accounts for healthcare and dependent care expenses
Responsibilities*
25% - Perform data analysis for projects or department on a variety of financial related topic such as payroll, human resources, revenue, and procurement. Conduct routine and ad hoc analyses of a specific project and across projects and department. Query and summarize datasets for project managers. Monitor the general accounting of project accounts and initiate appropriate corrections. Monitor overall account balances on projects and status of invoice payments. Communicate with project team on project spending requirements such as carryforward restrictions, smoothing and small business spending requirements.
25% - Enter and maintain project level budget and projections data in department cost reporting system. Provide standard and customized reports to managers. Perform projection analysis using data from past projects, budget assumptions and current work scope assumptions. Create accurate projections project future expenses
25% - Initiate the set-up of account structures to support the required level of data needed to perform analysis. Monitor the active status of accounts and process account closeout. Maintain an archive of financial documents as related to sponsored projects. Provide information as requested promptly to financial operations.
15% - Conduct audits of financial transactions, reconcile multiple department accounting processes and initiate corrections. Review proposals and take appropriate action based on specific sponsor requirements. Monitor proposal budget allocations against MPathways Budget Ledger budge allocation. Maintain department's multiple reconciliation processes and perform necessary accounting corrections. Also responsible for various financial reports and controls.
10% - Some finance database maintenance support
Required Qualifications*
- B.A degree is a field related to business or finance, or 2-5 years of experience with emphasis in either accounting or finance or an equivalent combination of work experience and education.
- Demonstrated competency with Excel (can perform complex functions) and database software to perform financial reporting and management.
- Demonstrated ability to work with staff at all levels with varying degrees of financial management experience
Desired Qualifications*
- 1+ years of experience performing financial analysis in a project-based environment
- 1+ years of experience with database design and query writing
- Detailed knowledge of University financial processes
- Detailed knowledge of University financial data warehouse or large-scale financial data sets
Work Schedule
Monday-Friday, days
Work Locations
This position requires being on-site at the University of Michigan offices in Ann Arbor. If the project tasks assigned job performance, and SRC policy allow, the option for a hybrid schedule including limited off-site work may be available after an initial period of orientation
Modes of Work
Positions that are eligible for hybrid or mobile/remote work mode are at the discretion of the hiring department. Work agreements are reviewed annually at a minimum and are subject to change at any time, and for any reason, throughout the course of employment. Learn more about the work modes.
Additional Information
Salary will be dependent upon qualifications and experience of selected candidate.
The Institute for Social Research (ISR) at the University of Michigan seeks to create a community of respect and authentic collaboration by recruiting and retaining individuals that represent a variety of voices as a reflection of our commitment to service the people of Michigan, to maintain the excellence of the university, and to ground our research in varied disciplines, prespectives, and ways of knowing and learning.
Background Screening
The University of Michigan conducts background checks on all job candidates upon acceptance of a contingent offer and may use a third party administrator to conduct background checks. Background checks are performed in compliance with the Fair Credit Reporting Act.
Application Deadline
Job openings are posted for a minimum of fourteen calendar days. The review and selection process may begin as early as the eighth day after posting. This opening may be removed from posting boards and filled any time after the minimum posting period has ended.
U-M EEO Statement
The University of Michigan is an equal employment opportunity employer.