Department
FINANCE ADMINISTRATION and BUDGE (BL-BAP-IUBLA)
Department Information
The Office of Finance, Administration and Budget (FAB) supports fiscal management, budgeting, analytics, and strategic planning for IU Bloomington. Collaborating with senior leadership and campus partners, FAB aligns annual budgets with forecasts, offers predictive insights, and identifies opportunities and risks to inform strategic decisions.
Job Summary
This position provides financial expertise for units within Campus Leadership in the Office of Finance, Administration and Budget (FAB). The role is responsible for providing financial information, transactional support, and account reconciliation, and for delivering the data, processes, and guidance needed to ensure compliance with Indiana University (IU) and Indiana University Foundation (IUF) policies.
Department Specific Responsibilities
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Prepares ad hoc and scheduled analyses of IU and IUF financial activity, comparing current activity to prior years and to budget.
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Investigates and explains variances, identifies trends, and works to understand the activity underlying the numbers.
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Synthesizes data into a clear narrative that is meaningful to unit leaders so they can respond and make decisions about the allocation of resources.
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Regularly explains financial concepts to non-financial employees, conveying what a number means and not just what it is.
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Supports the organization's financial transaction processing.
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Reviews requested transactions for compliance with applicable policy.
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Provides the information needed to request transaction processing through Shared Services.
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Reviews financial statements and makes adjusting entries in the Kuali Financial System (KFS) to both actual and budget data.
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Reconciles financial statements on a timely basis.
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Stays knowledgeable about existing and emerging tools including automation and AI capabilities that improve analysis, reporting, and documentation as well as financial policies and processes.
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Participates, as appropriate, in the review of new policies and processes and provides feedback.
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Drafts documentation regarding policies and processes to share with employees in the units served. Provides follow-up communication and training as necessary.
General Responsibilities
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Following established procedures, performs periodic fiscal analysis of income statements, balance sheets, and cash flows and compiles trends to guide financial decisions.
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Provides general financial analysis support using measures such as past financial performance, economic conditions, price, yield, stability, and investment risk.
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Interprets fiscal policies and acts as a resource to department.
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May serve as fiscal delegate for department accounts.
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Presents findings using tools such as spreadsheets, charts, graphs, and technical reports.
Qualifications
This position is posted at the Core Level but may be filled at the Career Level depending on the candidate's qualifications. Although they will be similar, the duties and responsibilities may differ if filled at the higher rank. Please see the qualifications for each level listed below.
Core Career Level Requirements
Combinations of related education and experience may be considered. Education beyond the minimum required may be substituted for work experience. Work experience beyond the minimum required may be substituted for education.
EDUCATION
Required
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Bachelor's degree in accounting, finance, or related field.
WORK EXPERIENCE
Required
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1 year in finance, financial administration, accounting, or related field.
SKILLS
Required
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Ability to analyze and interpret financial data.
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Demonstrated analytical skills.
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Articulate and responsive to colleagues.
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Demonstrates a high level of accuracy, even under pressure.
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Performs work independently with minimal supervision.
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Demonstrated time management and priority setting skills.
Preferred
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Knowledge of IU systems, including HRMS, the KFS general ledger, Buy IU, and Emburse.
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Experience with business intelligence and visualization tools such as Power BI or Tableau.
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Experience applying AI or automation tools to financial workflows.
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A strong foundation in accounting, including knowledge of accounting and budgeting standards and procedures.
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Intellectual curiosity enjoys digging into the numbers, investigating and explaining variances, identifying trends, and understanding the underlying activity.
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Strong written and verbal communication skills, with the ability to translate financial information into a clear story for non-financial audiences.
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Strong people skills and the ability to build trusted working relationships across units.
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AI-aware and capable, with the ability to use and learn AI and automation tools that improve analysis, reporting, and efficiency.
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Proficiency with spreadsheets and data visualization tools, with a high level of accuracy.
Career Career Level Requirements
Combinations of related education and experience may be considered. Education beyond the minimum required may be substituted for work experience. Work experience beyond the minimum required may be substituted for education.
EDUCATION
Required
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Bachelor's degree in accounting, finance, or related field.
WORK EXPERIENCE
Required
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2 years in finance, financial administration, accounting, or related field.
SKILLS
Required
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Ability to analyze and interpret financial data.
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Demonstrates analytical skills.
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Articulate and responsive to colleagues.
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Demonstrates a high level of accuracy, even under pressure.
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Performs work independently with minimal supervision.
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Demonstrates time management and priority setting skills.
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Possesses a high degree of initiative
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Ability to drive multiple projects to successful completion.
Preferred
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A strong foundation in accounting, including knowledge of accounting and budgeting standards and procedures.
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Intellectual curiosity enjoys digging into the numbers, investigating and explaining variances, identifying trends, and understanding the underlying activity.
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Strong written and verbal communication skills, with the ability to translate financial information into a clear story for non-financial audiences.
-
Strong people skills and the ability to build trusted working relationships across units.
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AI-aware and capable, with the ability to use and learn AI and automation tools that improve analysis, reporting, and efficiency.
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Proficiency with spreadsheets and data visualization tools, with a high level of accuracy.
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Strong organizational, time-management, and analytical skills.
Working Conditions / Demands
This role requires the ability to effectively communicate and to operate a computer and other standard office productivity equipment. The position involves sedentary work as well as periods of time moving around an office environment and the campus. The person in this role must be able to perform the essential functions with or without an accommodation.
Work Location
Bloomington, Indiana
Advertised Salary
If filled at Core: 51,000-57,000, based on experience
If filled at Career: 63,000-65,000, based on experience
Benefits Overview
For full-time staff employees, Indiana University offers a wide array of benefits including:
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Comprehensive medical and dental insurance
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Health savings account with generous IU contributions
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Healthcare and dependent care flexible spending accounts
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Basic group life insurance paid by IU
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Voluntary supplemental life, long-term disability, critical illness, and supplemental accidental death and dismemberment insurance
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Base retirement plan with generous IU contributions, subject to vesting
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Voluntary supplemental retirement plan options
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Tuition subsidy for employees and family members taking IU courses
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10 paid holidays plus a paid winter break each year
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Generous paid time off plans
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Paid leave for new parents and IU-sponsored volunteer events
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Employee assistance program (EAP)
Learn more about our benefits by reviewing the IU Benefit Programs Brochure.
Job Classification
Career Level: Core
FLSA: Exempt
Job Function: Finance
Job Family: Financial Analysis
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Posting Disclaimer
This posting is scheduled to close at 11:59 pm EST on the advertised Close Date. This posting may be closed at any time at the discretion of the University, but will remain open for a minimum of 5 business days. To guarantee full consideration, please submit your application within 5 business days of the Posted Date.
If you wish to include a cover letter, you may include it with your resume when uploading attachments.
Equal Employment Opportunity
Indiana University is an equal opportunity employer and provider of ADA services and prohibits discrimination in hiring. See Indiana University Notice of Non-Discrimination here which includes contact information.
Campus Safety and Security
The Annual Security and Fire Safety Report, containing policy statements, crime and fire statistics for all Indiana University campuses, is available online. You may also request a physical copy by emailing IU Public Safety at [email protected] or by visiting IUPD.
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