Manager, Finance Service Delivery Unit Basic Science Department

Department BSD AFA - Budget Staff 2 About the Department The University of Chicago biomedical enterprise houses three entities: the Biological Sciences Division (BSD), the University of Chicago Medicine (UCM), and the Pritzker School of Medicine. Chicago Medicine (UCM), and the Pritzker School of Medicine. Collectively called UCM, we are one of the nation's leading academic medical institutions and have been at the forefront of discovery, education, and clinical care since 1927. Located 20 minutes south of downtown Chicago, our Hyde Park main campus provides a single environment for learning, world-renowned basic science and clinical research, and outstanding clinical care. The BSD is the largest academic unit within the University. The BSD is comprised of faculty from ten basic science departments, 13 clinical departments, and several Centers and Institutes. The approximately 1,300 faculty and 3,000 staff members working in the BSD collaborate across the organization to achieve our Mission, Vision, and Values (MVV): MISSION: As part of the University of Chicago, we pursue globally impactful solutions to seemingly unsolvable challenges. Through our rigorous research, innovative education, and comprehensive care and healing, we collaborate on life-changing advancements that create meaningful results for our community and the world, including a greater, more equitable future for all. VISION: Together, we elevate the human experience with knowledge and health care. VALUES: • Commit to Excellence: We contribute our exceptional talents to all we do and empower the same spirit of excellence in others. • Embrace Curiosity: We stay open to new ideas, champion diverse perspectives, and drive a culture of thoughtful risk-taking to deliver transformative innovation. • Embody Equity: We identify systemic issues and then foster change to drive a more equitable environment inclusive of diverse people, ideas, and fields of science. • Grow Together: We meaningfully collaborate with one another to create something bigger than we could ever achieve alone. • Make a Difference: We lead with heart and compassion in all our interactions. We create positive change in our areas of influence, whether expanding scientific inquiry, developing the next generation of leaders, or healing our community. • Take Ownership: We accomplish what we say we will and hold ourselves and one another accountable for our actions. The MVV serves as our True North, charting our strategic plan for the next ten years and beyond. It is an exciting time to be a part of the University of Chicago and the BSD. Our team is helping to shape the future for our learners, staff, faculty, patients, and community. Job Summary The job manages operating and capital budgets for divisions and/or University-wide administrative units. Helps develop long and short term financial goals, business strategies/plans, and financial forecasts/models for major service programs and initiatives. Manages quarterly and year-end reporting for the operating budget. Serves as a resource for operational units on financial, budget, academic strategy, faculty research productivity, and Faculty Compensation Plan issues. Collaborates with Executive Administrator, Director, Finance Service Delivery and departmental leadership team to develop and implement strategic initiatives for the Department. Prepares and advises others on operating budget for department. Provides project management and analytical support for special projects. Assists department leaders in analyzing proposals and developing proforma business plans. Regularly monitors all funds budget reports and accounting records to determine if revenue and expenses materialize according to plan. Responsible for monitoring and approving expense reimbursements. Reports on variances between the approved budget and actual performance and recommends remediation measures. Ensures accuracy and compliance with financial results by identifying and processing journal entries and payroll transfers, when necessary. Assists with assessment of efficiency and effectiveness of programs and procedures to ensure conformance with budgetary provisions. Responsibilities Develops systems/procedures to ensure integrity and internal financial controls of annual operating budget and annual gift/endowment use.  Reviews financial and research information; prepares daily, monthly, and ad-hoc reports including dashboards; provides analysis of financial statements, identifies variances from previous periods/budget; ensures policies/procedures to govern financial decision-making are followed to ensure achievement of objectives.  Responsible for financial management of IADFs, and the associated report out and monitoring of faculty IADF award spending and award fund balance. The finance manager uses this information to identify financial contingencies as it relates to long range financial planning.   Reconciles IADF fund deposit and transfer data between GL and IADF award in PPM  to ensure IADF fund balance accuracy. Collaborates with the BSD central office commitment database update and monitoring. Monitors aspects of recharge operations revenue generation including Internal and external billing and regulatory compliance. Assists with tasks related to Monthly Close, including but not limited to Journal Entry and accrual preparation and completing variance analyses.  Integrates long/short-range strategies into daily operational and financial planning/reporting to ensure resources for strategic programs are available.  Performs analysis and interpretation of financial data.  Creates new PI recruit proforma business plans and serves as chief information source for external benchmarking and market assessments to facilitate PI recruitment, works closely with  Director of Finance to ensure business plans are coordinated relative to mission, PI deployment, capital equipment, space, expense and fund support.  In collabor