Financial Monitoring and Collaboration:
- Monitor financial statements to ensure the integrity and reliability of financial information.
- Identify financial risks and develop risk mitigation strategies.
- Work with departments to identify opportunities for cost savings and revenue generation.
- Foster collaboration across multiple financial functions to streamline processes and improve overall efficiency.
- Provide financial guidance and recommendations to enhance overall fiscal performance.
- Provide Budget to Actuals, Profit and Loss, Balance statements and cash flow reports to operational lead or unit director where appropriate.
- May prepare presentations on departmental budgets to stakeholders, offering insightful explanations of financial strategies and outcomes.
- Review departmental operating budgets for proper application of fund management principles.
Financial Reporting:
- Analyze monthly reports used to monitor fund or operational activities.
- Prepare financial and other ad hoc analyses as needed.
- Identify, retrieve, and analyze financial information from various enterprise systems.
- Utilize advanced analytics to extract actionable insights from financial data, supporting data-driven decision-making across the organization.
- Provide data to support market trend analysis, pricing, resource allocation, cost optimization etc.
- Complete financial forecasting, planning, and modeling of finances aligned with the university fiscal calendar.
Financial Transaction Processing and Approval:
- Serve as Fiscal Officer for assigned accounts.
- Monitor transactions and their associated documentation to ensure compliance of internal and external regulations, policies, and procedures.
- Authorize purchases and payments based on budget allocations.
- Complete necessary coding, and review documentation for expenditures, deposits and correcting entries.
- Oversee unit asset management and inventory in financial systems.
- Conduct audits of partner units where directed.
- Ensure proper records retention of financial documentation.
- Oversee all university-required month-end and fiscal-end responsibilities.
Budget Adjustments and Training:
- Prepare and analyze income and expense actuals against planned allocations for assigned funds or units.
- Assist divisions and departments in the development and implementation of complex annual multi-year budgets and reports.
- Serve as an expert budget resource to division and departmental leaders.
- Serve on departmental committees and assist with special projects.
Supervision:
- Supervises up to 5 staff, setting work schedules and assignments, reviewing work products
- Train staff on financial processes, analysis, enterprise systems nuances and related activities.
- Guide staff in their career conversations in accordance with University of Arizona policy
Knowledge, Skills, and Abilities:
- Intermediate knowledge of financial data analysis to identify trends.
- Intermediate knowledge of regulatory requirements and compliance standards.
- Ability to communicate complex financial information and recommendations effectively to a diverse audience.
