Financial Analyst, Revenue

Chicago Public Schools - CPS
Chicago, IL, US

Job Details

Chicago Public Schools (CPS) is one of the largest school districts in the United States, serving over 340,000 students in 600+ schools and employing nearly 36,000 people, most of them teachers. CPS has set ambitious goals to ensure that every student, in every school and every neighborhood, has access to a world-class learning experience that prepares each for success in college, career, and civic life. In order to fulfill this mission, we make three commitments to our students, their families, and all Chicagoans: academic progress, financial stability, and integrity. Six core values are embedded within these commitments - student-centered, whole child, equity, academic excellence, community partnership, and continuous learning.

The Office of the Controller is responsible for the financial operations of Chicago Public Schools, including Accounts Payable, Accounts Receivable, Payroll, Internal Accounts, and Corporate Accounting. Under the general direction of the Controller, the School Internal Accounts team supports banking for CPS schools with regards to gifts, grants, and donations.

Job Summary:

Reporting to the School Internal Accounts Manager, the Financial Analyst (FA) will be responsible for CPS financial policies, procedures, and processes related to the Central Office and School financial operations and preparing standard monthly financial reports for a designated portfolio of schools using the CPS Internal Accounts Management System.

The Financial Analyst will be held accountable for the following responsibilities:
  • Analyze financial data in Excel using formulas, data functions, lookups, and pivot tables.
  • Participates in the compilation and analysis of fiscal data for inclusion in the Comprehensive Annual Financial Report (CAFR)
  • Analyze financial data and other documentation to determine controls are working as designed
  • Review and correct financial-related issues related to school internal accounts
  • Perform finance and accounting related activities in a timely manner
  • Maintain accurate documentation of financial operations and transactions
  • Review financial data and reports to determine anomalies and areas for improvement
  • Streamline existing business processes and develop new processes to support schools and achieve strategic goals for.
  • Ensure compliance with Governmental Accounting Standards Board (GASB) Standards, Government Finance Officers Association (GFOA) Best Practices and Advisories, U.S. Office of Management and Budget (OMB) Guidance, and other Federal, State and Local regulatory directives.
  • Analyze and map business processes with flow charting software
  • Complete special projects and other duties as assigned

In order to be successful and achieve the above responsibilities, the Financial Analyst must possess the following qualifications:

Type of Education Required:
  • Bachelor's Degree in Accounting or Finance or related field
  • MBA or Certified Public Accountant (CPA) is preferred

Type of Experience Required:
  • Minimum three (3) years of budget or grants management experience working in education or nonprofit
  • Previous experience in a Financial, Budget, or Grants Analyst role highly preferred

Knowledge, Skills, and Abilities:
  • Knowledge of financial practices at large organizations
  • General Knowledge of state and federal laws and regulations related to financial operations General knowledge of financial internal controls
  • Strong communication skills (speaking - including presentations - listening, and writing)
  • Ability to use spreadsheets to view data and perform analysis
  • Proven ability to use ERP applications
  • Ability to analyze data and document any issues or problems
  • Able to write basic procedures and policies
  • Ability to read and understand various policies and procedures
  • Ability to identify problems and develop recommendations for resolution.

Conditions of Employment

As a condition of employment with the Chicago Public Schools (CPS), employees are required to:
  • Establish/Maintain Chicago Residency - Employees are required to live within the geographic boundaries of the City of Chicago within six months of their CPS hire date and maintain residency throughout their employment with the district. The Chicago residency requirement does not apply to temporary/part-time positions, however, all CPS employees must be residents of Illinois.
  • Be Fully Vaccinated Against COVID-19 - Unless approved for a medical or religious exemption, all employees are required to be up-to-date on COVID-19 vaccinations, including boosters, and to submit proof of vaccination to the district within 30 days of hire. "Up-to-date" on vaccination is defined as being at least two weeks past all primary vaccine doses and any applicable boosters. Unvaccinated staff with an approved exemption must submit to weekly testing.


Chicago Public Schools is truly a district on the rise. The last five years have been an unprecedented success for CPS, and during that time, our district has emerged as a beacon of what is achievable for large urban school districts across the country. Our mission is to provide a high-quality public education for every child, in every neighborhood, that prepares each for success in college, career, and civic life.

Find Us
42 W Madison St

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