Faculty Research Accounting Analyst
Company: University of Chicago
Location: Chicago
Posted on: April 1, 2026
|
|
|
Job Description:
Department Booth Accounting: Budget and Reporting About the
Department The University of Chicago Booth School of Business is
the second-oldest business school in the U.S. and second to none
when it comes to influencing business education and business
practices. Since 1898, the school has produced ideas and leaders
that shape the world of business. Their rigorous, discipline-based
approach to business education transforms students into confident,
effective, respected business leaders prepared to face the toughest
challenges. Chicago Booth has the finest set of facilities of any
business school in the world. Each of the four campuses (two in
Chicago, one in London, and one in Hong Kong) reflects the
architectural traditions of its environs while offering a
state-of-the-art learning environment. Chicago Booth is proud to
claim: -an unmatched faculty. -degree and open enrollment programs
offered on three continents. -a global body of nearly 56,000
accomplished alumni. -strong and growing corporate relationships
that provide a wealth of lifelong career opportunities. As part of
the world-renowned University of Chicago, Chicago Booth shares the
University's core values that shape the distinctive intellectual
culture. At Booth, they constantly question and test ideas, and
seek proof. This extraordinarily effective approach to business
leads to new ideas and innovative solutions. Seven of the Booth
faculty members have won Nobel Prizes for these ideas - the first
business school to achieve this accomplishment. For more
information about the University of Chicago Booth School of
Business, please visit: http://www.chicagobooth.edu/. Job Summary
Provide comprehensive planning, budget preparation and monitoring,
and accounting support to faculty for their research budgets. This
includes serving more than 150 faculty members, many of whom have
multiple research accounts, such as discretionary funds and
internal awards. Responsibilities include acting as a budget
consultant, monitoring budgets and expenses, optimizing the use of
available cash, project maintenance, preparing reports, and
processing transactions, including submitting invoices for payment
and expense reports for approval, along with other general
accounting duties. Responsibilities Works as a consultant in
managing, monitoring, and maintaining faculty research projects for
discretionary and internal awards that includes projections. Builds
relationships with faculty by monitoring budget balances, expenses,
and encumbrances on a monthly basis, and notifying them when their
budgets are approaching a deficit. Performs accounting duties that
align with the complexity of Booth instruction and research
activities that adjusts funding to maintain faculty project and
award information (transaction review and analysis, funds
transfers, and cost corrections). Processes and submits invoices
and reimbursement requests, as well as prepares expense reports for
approval while monitoring the budget. Assists with budgeting
activities, including loading the fiscal year budget, rolling over
balances, allocating Executive MBA budget and Course Coach budgets,
and reconciling to the master budget report. Maintains and updates
faculty projects and awards in the Oracle ERP accounting system,
including creating new projects and awards; increasing or
decreasing funding; closing projects and awards; and updating other
relevant information. Works with supervisor to assist with ad-hoc
reporting and analysis as requested from the Dean’s office.
Communicates and ensures faculty are compliant with both University
and Booth financial policies. Cross collaboration with Booth’s
procurement and payables team who manage contracts, purchasing, and
invoice payments. Works with staff across various Booth departments
on matters related to faculty research projects, such as Human
Resources, IT, Faculty Services, Data Governance, etc. Performs a
variety of operating or cost accounting activities which require
moderate knowledge of accounting theories and principles. Has a
moderate/high level of authority in drafting income and balance
sheet statements, consolidated statements, and various other
accounting statements and reports. Performs other related work as
needed. Minimum Qualifications Education: Minimum requirements
include a college or university degree in related field. Work
Experience: Minimum requirements include knowledge and skills
developed through 2-5 years of work experience in a related job
discipline. Certifications: Preferred Qualifications Education:
Bachelor’s degree in accounting or finance. Certifications: CPA.
Technical Skills or Knowledge: Demonstrated proficiency with MS
Office (Word, Excel, PowerPoint, and Outlook). Skill with
accounting and financial reporting. Preferred Competencies
Outstanding verbal, written, and presentation skills, as well as
organizational skills. Excellent strategic planning, critical
thinking, and analytical skills. Handle multiple detailed
tasks/projects simultaneously and meet strict deadlines with
frequent interruptions. Demonstrated ability to work effectively
and diplomatically with colleagues and faculty in a multitude of
communication methods, including in-person, email, and phone.
Professional demeanor, including tact, discretion, and a customer
service-oriented approach. Working Conditions This position is
currently expected to work a minimum three days per week in the
office. Application Documents Resume/CV (required) Cover Letter
(required) When applying, the document(s) MUST be uploaded via the
My Experience page, in the section titled Application Documents of
the application. Job Family Financial Management Role Impact
Individual Contributor Scheduled Weekly Hours 37.5 Drug Test
Required No Health Screen Required No Motor Vehicle Record Inquiry
Required No Pay Rate Type Salary ? FLSA Status Exempt ? Pay Range
$64,000.00 - $72,000.00 The included pay rate or range represents
the University’s good faith estimate of the possible compensation
offer for this role at the time of posting. Benefits Eligible Yes
The University of Chicago offers a wide range of benefits programs
and resources for eligible employees, including health, retirement,
and paid time off. Information about the benefit offerings can be
found in the Benefits Guidebook . Posting Statement The University
of Chicago is an equal opportunity employer and does not
discriminate on the basis of race, color, religion, sex, sexual
orientation, gender, gender identity, or expression, national or
ethnic origin, shared ancestry, age, status as an individual with a
disability, military or veteran status, genetic information, or
other protected classes under the law. For additional information
please see the University's Notice of Nondiscrimination. Job
seekers in need of a reasonable accommodation to complete the
application process should call 773-702-5800 or submit a request
via Applicant Inquiry Form. All offers of employment are contingent
upon a background check that includes a review of conviction
history. A conviction does not automatically preclude University
employment. Rather, the University considers conviction information
on a case-by-case basis and assesses the nature of the offense, the
circumstances surrounding it, the proximity in time of the
conviction, and its relevance to the position. The University of
Chicago's Annual Security & Fire Safety Report (Report) provides
information about University offices and programs that provide
safety support, crime and fire statistics, emergency response and
communications plans, and other policies and information. The
Report can be accessed online at:
http://securityreport.uchicago.edu . Paper copies of the Report are
available, upon request, from the University of Chicago Police
Department, 850 E. 61st Street, Chicago, IL 60637.
Keywords: University of Chicago, Wheaton , Faculty Research Accounting Analyst, Accounting, Auditing , Chicago, Illinois