Financial Systems Specialist Advantages

FSS Upon receipt of the Financial Systems Specialist Certificate within the institution's Financial Certification Program, recipients will have the skills to:

  • Apply broad knowledge of Duke systems and operational practices to financially related job duties
    • General Accounting Procedures (GAPs)
    • Accounting Terminology and Concepts
    • Use of General Ledger accounts (G/L)
    • Fiscal Calendar
    • Procurement terminology, forms and reference
    • Disbursements terminology, forms and reference
    • Introduction to sponsored research terms and concepts
  • Understand the correlation(s) between various systems improve operational efficiency
    • Microsoft Office (Windows, Excel)
    • SAP
    • Duke@Work Portal
    • Online Expense Reports
    • iForms
    • Buy@Duke and SAP Requisitioning
  • Be proficient in the execution of reports using specific criteria to narrow results, and understand which reports are best for certain cost object types and/or informational requirements
    • One line summaries
    • Financial Statements - Cost Centers, Profit Centers, and WBS Elements
    • Line item reporting for the purposes of reconciliation
    • Know how to use Cost Element Groups
    • Know how to drill down to acquire specific information associated with a transaction
  • Analyze and interpret report results to ensure spending is compliant and consistent
  • Take appropriate action in the resolution of identified problems to ensure spending remains consistent with available funds
    • Process JVs for corrections, ensuring that an adequate audit trail is established and maintained
    • Process JVs to cover overdrafts on unrestricted cost objects
  • Know resources for future use
    • Financial Services Website
    • Department names and phone numbers

 

This certification does not provide a recipient with the following:

  • The ability to make complex decisions regarding business practice
  • Detailed understanding of all Duke Accounting Procedures and General Ledger Accounts
  • Detailed understanding of individual Procurement and/or Sponsored Research policies
  • Detailed understanding and knowledge of Budgeting at Duke, Duke@Work Reporting, Online Expense Reports, Buy@Duke/SAP Requisitioning, iForms