Accounting and Finance Manager - IQMPIllinois Quantum & Microelectronics ParkThis position will be eligible for a hybrid work arrangement but will require regular presence in Chicago.
This position is not eligible for any type of sponsorship for work authorization.
Job SummaryUnder limited supervision, manages accounting responsibilities for the Illinois Quantum and Microelectronics Park. This position prepares financial reporting, reconciles payments, performs grant accounting, and supports the procurement and contract administration with the integral knowledge of University policies, procurement, and accounting procedures to perform the work.
Duties & Responsibilities- Accounting Management:
- Manage accounting and expense reporting for all IQMP accounts and University related accounts, including state and federal grant awards and provide periodic reports and supporting documentation to sponsored agencies as required. Complete monthly reconciliation of all accounts in a timely manner. Serve as primary resource for approving iBuy, P-Card and T-Card transactions and for processing vendor payments and travel/expense reimbursements in Emburse.
- Upload and reconcile transactions into Quickbooks for IQMP, LLC and manage IQMP fixed asset depreciation in Quickbooks.
- Independently keep abreast of changes or updates to University policies and procedures as they relate to accounting systems and procedures.
- Prepare schedules, worksheets, documentation, and correspondence for internal and external audits.
- Other duties as assigned appropriate for an Accounting Associate.
- Financial Reporting:
- Prepare monthly financial statements for IQMP operations, including allocation of expenditures by activity and budget line, and classification of revenue in appropriate categories.
- Develop and present financial statements for IQMP leadership including the Chief Executive Officer, Chief Operating Officer and Board of Managers as requested, including annual budgets, year to date projections, reserve statements, debt obligations, and revenue/expenditure forecasts.
- Perform financial analyses, account reconciliations, and budget reviews to support IQMP and NQF programs.
- Monitor cash flow and initiate fund transfers for grant advances between the University and IQMP, LLC.
- General Administration:
- IQMP inventory and property management including consumable supplies, furniture, lab equipment, and computers using University systems such as FABWeb. This includes IQMP fixed assets and University fixed assets located in IQMP facilities.
- Support coordinate the creation of consultant contracts using established templates.
- Maintain and update documentation to support operational procedures related to position.
Minimum Qualifications- Bachelor's degree with a major in Accountancy or a related field AND five (5) years of professional level accounting experience.
OR
Possession of current registration as a Certified Public Accountant (CPA), Certified Management Accountant, or a valid license to practice Public Accounting (LPA).
OR
Master's degree in Accountancy or a related field.
Preferred Qualifications- Experience with UIUC software systems and procedures.
- Experience with Quickbooks.
- Real estate or property management accounting and lease administration experience.
- Possession of a current registration as a Certified Public Accountant OR a valid license to practice Public Accounting.
Knowledge, Skills and Abilities- General knowledge of accounting principles, including cost analysis, budget review, journal entries and financial reporting.
- Proficiency with accounting systems such as Quickbooks and advanced use of Microsoft Excel.
- Effective communication skills.
- Excellent keyboarding, grammar and proofreading skills to ensure accuracy and minimize errors in data entry.
- Strong interpersonal skills that reflect courtesy, diplomacy and a collaborative approach to develop and maintain effective working relationships.
- Ability to work independently and to exercise good judgment and discretion in the performance of work assignments.
- Ability to multi-task and prioritize work accordingly to meet deadlines while staying on task with daily assignments.
- Knowledge and respect for policies and procedures of the University of Illinois and State of Illinois.
- Knowledge and awareness of federal grants and University grants and contracts management.
- Proficiency in Banner Financial System and other University financial systems such as FabWeb, iCS contract system, Emburse and Chrome River.
Appointment InformationThis is a 100% full-time Civil Service 5000 - Accounting Associate position, appointed on a 12-month basis. The expected start date is as soon as possible after the close date. The budgeted salary range for the position is $85,000 to $95,000. Salary is competitive and commensurate with qualifications and experience, while also considering internal equity.
For more information on Civil Service classifications, please visit the SUCSS web site at https://www.sucss.illinois.gov/pages/classspec/default.aspx.
Application Procedures & Deadline InformationApplications must be received by 6:00 pm (Central Time) on
Monday, October 5, 2026. Apply for this position using the Apply Now button at the top or bottom of this posting and upload a cover letter, resume, and names/contact information (including phone number and email address) for three professional references. Applications not submitted through https://jobs.illinois.edu will not be considered. If required by the position, transcripts or other documentation of credentials are to be provided no later than the first day of employment. For further information about this specific position, please contact Cierra Bough at [redacted]. For questions regarding the application process, please contact [redacted].
Artificial Intelligence (AI) tools may be used in some portions of the candidate review process for this position; however, all employment decisions will be made by a person.
This position is intended to be eligible for benefits. This includes Health, Dental, Vision, Life Insurance, a Retirement Plan, Paid time Off, and Tuition waivers for employees and dependents.
Requisition ID: 1038453
Job Category: Professional and Administrative
Apply at: https://jobs.illinois.edu