Financial Specialist

Position Information

University Code 18211 University Title Finance Specialist 1 University Job Family Financial Services ORP Eligible No For more information on ORP, visit: Retirement Plans
Recruitment Pool All Applicants Recruitment Type Multi Title Scope of Search Local Working Title Financial Specialist Position Number 578200 Is this employee on a H1B Visa? Position Type Staff Job Status Full-Time FLSA Indicator Non-Exempt Employee Group University Employee Department School of Medicine Organizational Overview

At VCU, we Make it Real through learning, research, creativity, service and discovery — the hallmarks of the VCU experience. A premier, urban, public research university nationally recognized as one of the best employers for diversity, VCU is a great place to work. It’s a place of opportunity, where your success is supported and your career can thrive. VCU offers employees a generous leave package, career paths for advancement, competitive pay, and an opportunity to do mission-driven work.

Position Primary Purpose and General Responsibilities

As a member of the School of Medicine Dean’s Office of Research Administration team, the Financial Specialist will be primarily responsible for serving as the principal financial staff person for assigned Centers & Institutes (C/I). The individual must be able to work independently under the direction of the Supervisor with responsibility for managing C/I budget, and finance as assigned by SOM . The Financial Specialist will be responsible for maintaining effective financial operating procedures for assigned C/Is that are consistent with University and State policies. The incumbent will work closely with their Supervisor, C/I Directors and leadership in the SOM office of Research Administration to develop strategic initiatives for assigned C/Is and will provide data to leadership to monitor financial performance in meeting strategic goals and performance targets.

The Financial Specialist will manage the day to day financial operations of assigned C/Is, specifically monitoring: budget and fiscal transactions for all funding sources, ARMICS (Agency Risk Management & Inventory Control Standards), fixed assets, and other aspects identified in assigned areas. In addition to day to day financial operations of C/Is the Business Manager will also provide support in managing financial accounts within the SOM Office of Research Administration under the direction of SOMRA Leadership.

Minimum Hiring Standards

Strong problem solving, analytical, organizational, and time management skills are essential, including ability to adapt to frequent changes in work assignments being able to prioritize and manage competing priorities and deadlines effectively. Must be precise, thorough, and reliable with the ability to perform daily activities with minimal supervision. Must have excellent customer service skills, written and verbal communication skills, and the ability to work as part of a team.

Experience with budget development and management, expense forecasting, procurement, journal entries, general ledger account management, and monthly financial reporting. Must be proficient in the use of MS Office products with demonstrated experience using spreadsheets or databases to organize, maintain, and report information to various customers. Ability to work in a diverse environment is required. Working knowledge of state/university purchasing, accounting policies and procedures is a plus.

Preferred Hiring Standards

Bachelor’s degree in accounting, business, or related field, or an equivalent combination of college and related experience; and/or several years of experience in financial administration in a university or nonprofit setting. Knowledge of Banner and/or OnCore systems is preferred. Prior experience with financial management in an academic medical center

Required Licenses/ Certifications Anticipated Hiring Range $40,000 - $55,000 Application Process/Additional Information Campus MCV Campus Hours/Week 40 Normal Work Days/Hours M-F Job Open Date 04/06/2021 Posting will close on or before Open Until Filled Yes Job Category Administrative/ Secretarial/ Clerical Is this a restricted position? No Is this position eligible to participate in alternative work arrangements? No Sensitive Position No Resource Critical Yes Quick Link Posting Specific Questions

Required fields are indicated with an asterisk (*).

  1. * Describe your level of experience with excel? Provide examples of how you currently use the platform.

    (Open Ended Question)

  2. * Describe your experience with procurement.

    (Open Ended Question)

  3. * How do you define excellent customer service?

    (Open Ended Question)

  4. * What interests you most about this position? Please explain.

    (Open Ended Question)

Optional & Required Documents
Required Documents
  1. Cover Letter/Letter of Application
  2. Resume
Optional Documents

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