Financial Administrator Job Description

Financial Administrator Job Description

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Financial administrator provides additional project finance support including data scrubbing, working with advanced Excel functions, applying strong verbal and written communication skills and translating technical finance materials.

Financial Administrator Duties & Responsibilities

To write an effective financial administrator job description, begin by listing detailed duties, responsibilities and expectations. We have included financial administrator job description templates that you can modify and use.

Sample responsibilities for this position include:

Able to perform tasks in Excel
Revenue/membership reconciliation and analysis
Documenting then meeting on a periodic schedule with Healthplans to communicate findings of membership reconciliation
Reviewing, analyzing and disputing resolution for all out of network claims
Data gathering, analysis and reporting of all claims paid for terminated members
Payer financial settlements
Financial contract compliance issues and resolution
Can successfully do complex tasks within databases
Report maintenance including setup and design of new reports, roll-forward of existing reports and archiving
Maintain financial reporting calendar

Financial Administrator Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Financial Administrator

List any licenses or certifications required by the position: UCC, SQL, CMA, CPA, HFM, MBA, HEG, ITIL, TAP, TDS

Education for Financial Administrator

Typically a job would require a certain level of education.

Employers hiring for the financial administrator job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Accounting, Education, Finance, Business, Business/Administration, Administration, Management, Communication, Graduate, Medical

Skills for Financial Administrator

Desired skills for financial administrator include:

Skill in applying general accounting principles and practices within a university business environment
Skill in applying general accounting principles and practices
Excel
Microsoft Office Suite
Advanced financial administration principles
Uniform Guidance
Advanced excel skills
Governmental regulations
PeopleSoft
Excellent organizational and communication skills

Desired experience for financial administrator includes:

Update, circulate and collect quarterly certifications from personnel throughout the company
Organize, file and archive reports and supporting documentation
Support document dissemination process
Ideally QFA part-qualified
Strong administration experience working in a brokerage or insurance operations
Flexible around part-time hours

Financial Administrator Examples

1

Financial Administrator Job Description

Job Description Example
Our innovative and growing company is looking for a financial administrator. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for financial administrator
  • Host Analytics System Database Administer
  • Reviews WebNow daily for new pending invoices
  • Prepares analysis & reports
  • Participates in determination of budget including fiscal resource allocation of appropriated, discretionary, endowment and/or gift revenues
  • Monthly project reconciliation against departmental spreadsheets
  • Assist with purchasing and processing of payments on the professor's projects
  • Preparing, tracking and reporting budgets and spending for all OEC accounts
  • Serving as a source information regarding policies and procedures with respect to the hiring processes OEC student employees
  • Using a PCard to assist OEC with purchases of supplies and materials
  • Processing travel/purchase requests (being a strong user of T&E and BuzzMart)
Qualifications for financial administrator
  • Minimum of 10 years of experience within a Finance/Accounting organization
  • Ability to initiate improvements in finance systems and process’
  • Past experience with financial reporting systems (BW, Cognos, Essabase, crystal reports ) required
  • Prior experience with accounting/GL systems required, SAP experience preferred
  • Experience with an automated planning/forecasting system preferred
  • MDX Programming preferred
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Financial Administrator Job Description

Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of financial administrator. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for financial administrator
  • Coordinating unit financial related actions with the College Financial Services Office
  • Manage funds for contracts and grants using CU financial reports and in-house accounting system to create graphical and text information for Principal Investigators to manage grant resources
  • Proposal preparation, assist the Principal Investigator in the proposal submission process
  • Advise faculty, research scientists, project personnel, and students of grant and contract procedures and regulations required by funding sponsors and Federal, State, University and CIRES rules
  • Work as a member of CIRES travel liaison team supporting business trips funded by sponsored projects, using knowledge of Federal, State, University and CIRES policies and procedures to ensure compliance and maintain an audit trail
  • Perform other post-award assignments such as purchasing goods and services as needed, requesting extensions and supplemental funding requests, submitting progress reports, final reports, and aiding in the award closeout process
  • Assist CIRES members and faculty regarding sponsored research, general fund, auxiliary, and gift accounts
  • Develop service center work plans, help maintain in-house financial systems, and analyze efficiency and operations for CIRES facilities
  • Reviews & reconciles actual expenses to budget per NU Audit guidelines
  • Approves funds reallocation within budget as necessary & appropriate
Qualifications for financial administrator
  • A Business degree specialising in accounting or finance
  • Be flexible in your day to day duties
  • Experience in a university setting preferred
  • 5% travel may be required for daily banking
  • 5+ years administrative experience in an executive assistant / administrator role
  • Excellent communicator, with superior oral and written communication skills
3

Financial Administrator Job Description

Job Description Example
Our growing company is hiring for a financial administrator. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for financial administrator
  • Assists with budget projects
  • Maintain the essbase application on an on-going basis
  • Translate functional requirements into sustainable technical solutions
  • Identify and implement leading practices designed to extract value out of the application
  • Lead the integration of additional sources to manage data (new applications, ledgers)
  • Manage the integration between DRM and applications
  • Develops and maintains documentation such as design documents, admin guides, etc
  • Serve as account manager for assigned sponsored, state, GTRC and foundation projects
  • Receive, review, and verify sponsored project receipts
  • Review and process p-card charge transfers
Qualifications for financial administrator
  • Some form of administrative or bookkeeping background would be beneficial
  • Construction expereince preferred
  • Work experience in Oracle EBS, OBIEE, Essbase, and ETL tools
  • Vast experience with designing and developing essbase applications
  • Deep understanding of multi-dimensional and relational data sources
  • Experience with SQL databases and processes
4

Financial Administrator Job Description

Job Description Example
Our growing company is hiring for a financial administrator. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for financial administrator
  • Process BuzzMart orders, budget revisions, and SPD changes
  • Monitor expenditures, termination dates, sub-projects/contracts, cost share, import/export restrictions, classified projects, and special conditions
  • Provide ongoing communication with G&C accounting and OSP contracting officer for sponsored project close-out
  • Develops new or systematic reporting solutions for ad-hoc requests
  • Performs testing for new requirements or enhancements of department database systems
  • Provide first level review and analysis of financial system change requests / enhancements to ensure compliance with global standards
  • Working in conjunction with global finance, business, and IT resources, ensure the capture and documentation of ‘go-live’ criteria in order to reduce the risk and manual rework associated with project launches
  • Partner with global IT & Finance Teams to develop a Global System Template which will be used to drive consistency in application setup
  • Develop, test and deploy Smart View and FR reports
  • Performs analytical and financial duties
Qualifications for financial administrator
  • 2+ years of Microsoft Dynamics GP experience
  • Experience with SQL and SQL Server Reporting Services (SSRS)
  • EOne Smart Connect (integrations software tool)
  • Working knowledge of Azure Cloud environment
  • Knowledge of Microsoft Technologies (MS SQL Server, MS .NET, MS SharePoint, MS Business Intelligence)
  • Bachelor degree in Finance, Accounting, or closely related field is preferred
5

Financial Administrator Job Description

Job Description Example
Our company is looking for a financial administrator. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for financial administrator
  • Supports internal audits through research and response
  • Serve as account manager for assigned projects
  • Review and approve p-card charge transfers
  • Handle annual Georgia Research Alliance inventory
  • Process maintenance requests for suppliers and customers
  • Perform periodic reviews of the data held within the Third Party compliance tool and the local ledgers and to reconcile records on both systems
  • Ensure all Customer/supplier requests fully comply with Third Party
  • Coordinates &/or provides information for the annual salary review process
  • Coordinates and/or provides information for the annual salary review process
  • Student accounts
Qualifications for financial administrator
  • A minimum five (5) years experience working on Federal contracts is required
  • Strong interpersonal skills and ability to work within project and contract teams
  • Strong working knowledge of Oracle Financial system
  • Ability to perform diversified accounting procedures
  • Previous A/E industry experience
  • Ability to coordinate multiple tasks simultaneously and prioritize competing demands in a fast-paced environment

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