The University of Texas at Austin Job Posting

 
This posting is Closed

Senior Financial Analyst

Hiring department Payroll Services
Monthly salary $4,500 - $5,000+ depending on qualifications
Hours per week 40.00 Standard from 800AM to 500PM
Posting number 13-07-12-01-9119
Job Status Closed
FLSA status Exempt
Earliest Start Date Immediately
Position Duration Funding expected to continue
Position open to all applicants
Location Austin (main campus)
Number of vacancies 1
General Notes

May require additional hours during peak periods.

Required Application Materials

  • A Resume is required in order to apply
  • A Letter of Interest is required in order to apply.
  • A List of 3 References is required in order to apply.

Additional Information

Purpose

Responsible for the administration, accounting, and reporting for the UT System Group Insurance Programs for UT Austin and UT System employees.

Essential Functions

Process and ensure the timeliness and accuracy of payroll deductions, reporting, and remittances for the UT System Group Insurance Programs for UT Austin and UT System employees, Retirees and Graduate Student Fellows. Serve as primary contact for insurance matters. Provide customer support for employees, retirees, department personnel, Human Resource Services, DEFINE Shared Services campus personnel, UT System Administration, insurance providers, and state and federal agencies. Ensure compliance with federal, state and university regulations regarding UT System Group Insurance programs. Oversee and process payroll adjustments (OAAs) and refunds for insurance. Review and approve payroll adjustments and refunds processed by team member. Review Weekly Benefit Status Update Reports each week and with each payroll proof. Work with Benefit Services and programming teams to resolve issues. Develop, implement and maintain business processes and systems that support insurance, benefit administration, and payroll processing. Work with functional and technical staff to design, test, and implement changes to existing processes and systems. Responsible for project updates and communication to the university community and shared services campuses, as required. Review Pre-CBO and CBO reports each month to identify actions to resolve insurance premium billing discrepancies. Work with Benefit Services and the Office of Employee Benefits (OEB), as appropriate, to analyze and resolve premium billing discrepancies. Reconcile insurance accounts on a monthly basis. Resolve discrepancies between general ledger (DEFINE), Benefit Administration System (BAS) and the Student Accounts Receivable System (SAR). Adjust BAS and DEFINE insurance records for returned payments.

Marginal/Incidental functions

Train and develop other team members. Other related functions as assigned.

Required qualifications

Bachelor's degree in Finance, Accounting or Business Administration. Six years of progressively responsible experience in finance or accounting with experience in planning, forecasting, cost and financial analysis. Strong analytical skills and attention to detail.

Preferred Qualifications

Certified Public Accountant (CPA) or Master's Degree in Business Administration. Experience in a higher education environment. Experience in Employee Benefit and Insurance Administration. Proficient with Microsoft Outlook, Excel and Word. Experience using the University of Texas DEFINE System. At least one year of supervisory experience.

Working conditions

May work around standard office conditions Repetitive use of a keyboard at a workstation Use of manual dexterity Overtime will be required during peak periods.

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