Finance Professional 3

Posted: 03-Jan-24

Location: Minneapolis, Minnesota

Salary: 61,131.20 – 108,451.20

Categories:

Financial
Staff/Administrative

Internal Number: 358012

Title: Fin Pro 3-Fin Gnrlst 
Job Code & Class: 8223FG(Fin Pro 3-Fin Gnrlst)
Department: 11693 Medical School Administration Finance
Salary: $78,000 –  $83,000 depending on expereince and qualificaions 
ABOUT THE POSITION
This position will serve in a float capacity to provide accounting support for sponsored and non-sponsored accounts to various departments in the Medical School where there are gaps in staffing and where additional finance support is needed.

The Medical School is committed to an excellent employee experience, offering a flexible work environment that meets the needs of students, staff, faculty, and the communities we serve. Flexible work arrangements may include flexibility in schedule and/or work location. All UMN employees are expected to follow applicable public health and safety procedures. This position is based out of Minneapolis, MN and is eligible for hybrid work-from-home and/or on-campus work dependent upon individual performance and organizational need. Because the University of Minnesota is a land-grant institution that serves the state, residing in Minnesota is typically required.
JOB RESPONSIBILITIES
90% Sponsored and Non-sponsored Accounting Support

• Provide financial support to PIs and Managers for a variety of sponsored and non-sponsored accounts
• Review and approve financial expenditures to ensure compliance with policies and procedures as both a departmental and certified approver
• Monitor expenses and revenue to ensure appropriate use of funds
• Identify gaps between predicted revenue and expenses and recommend a course of action based on financial, statistical, and operational information
• Ensure effort certification is accurate and completed by PI and meets all deadlines
• Ensure grants are closed out properly with Sponsored Financial Reporting (SFR) and issues are resolved with Sponsored Projects Administration (SPA)
• Prepare, review, and analyze a variety of reports, accounts, reconciliations, and/or statements to and from internal departments and external agencies
• Complete a variety of accounting functions, which include capitalizing assets, reconciling accounts, entering general ledger transactions, setting up new accounts, and monitoring fund balances
• Develop and enter non-sponsored budgets
• Prepare and present detailed and complex financial analysis for assigned grants and sponsored/non-sponsored accounts
• Identify areas of efficiency and provide recommendations on how to implement
• Ad hoc reporting as requested

10% Special Projects and Other Duties as Assigned

All required qualifications must be documented on application materials.

Required Qualifications:

• BA/BS plus at least four years of professional work experience or a combination of related education and work experience to equal eight years.
• Advanced Microsoft Excel skills
• Familiarity with University systems such as PeopleSoft HRMS, EFS, UM Analytics, ECRT and EGMS
• Current UMN Certified Approver or ability to obtain certification within 12-months of employment
• Grant management and accounting experience
• In-depth knowledge of accounting principles for research and departmental accounts and University policy, procedures and guidelines.
• Demonstrated ability to effectively manage priorities, coordinate multiple assignments simultaneously, and meet deadlines
• Demonstrated ability to communicate clearly and effectively to financial and non-financial audiences, both verbally and in writing.
• Demonstrated customer service experience.

Preferred Qualifications:

• Ability to work both independently and as part of a team.
• Strong technical, problem solving and process improvement skills
• Analytical skills, ability to gather, organize and present data in a meaningful way
• Experience managing finances for units with diverse funding sources to include: forecasting, analysis, budgeting, and complex reporting.
• Experience with federal granting agencies to include budgeting

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About University of Minnesota Twin Cities
The University of Minnesota, founded in the belief that all people are enriched by understanding, is dedicated to the advancement of learning and the search for truth; to the sharing of this knowledge through education for a diverse community; and to the application of this knowledge to benefit the people of the state, the nation, and the world.
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