Finance Professional 3-Grant/Research

Overview:

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:

40% Research/Contract Accounting Support and Analysis:

• Provides financial support to PI over the life of the grant or contract. Develops assigned project budgets, which includes preparing forms and instructions; compiling and auditing data; analyzing requests and providing funding recommendations; and/or performing other related activities.
• Monitors and analyzes accounts or grants for compliance with financial, reporting, and legal requirements, interprets grant and contract regulations and their relation to university policies and procedures, proactively identify areas of concern and recommends solutions. Monitors expenses and revenue, including labor distribution. Ensure effort certification is 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).
• Prepares, reviews, and analyzes a variety of reports, accounts, reconciliations, and/or statements to and from internal departments and external agencies.

30% Financial Analysis:

• Prepares detailed and complex financial analysis for assigned grants and sponsored/non-sponsored accounts utilizing historical data; identifies gaps between predicted revenue and expenses, and recommends a course of action based on financial, statistical and operational information. Prepares, reviews, and analyzes a variety of reports, accounts, reconciliations, schedules, tables, and/or statements to and from internal departments, for the Medical School, and external agencies.
• Monitors and performs general and subsidiary ledger reconciliations, which includes preparing and entering journal entries for various recurring activities, adjustments and corrections; and analyzing and resolving accounting issues. These are reported at a certain time interval and identify risks and opportunities within the area being analyzed. Ad hoc reporting is also required as requested.
• Provides data and recommendations to managers regarding account and/or fund balances, budgeting practices and accounting functions. Coordinates activities with project leaders, financial staff, and outside agencies.

30% Non-sponsored:

• Develops assigned department budgets, which includes preparing forms & instructions; compiling & auditing data; analyzing requests & providing funding recommendations; &/or, performing other related activities.
• Monitors and analyzes accounts and funds for compliance with financial, reporting, and legal requirements, interprets contract regulations and their relation to University policies and procedures, identifies areas of concern and recommends solutions. Research discrepancies in accounting data which includes preparing for internal and external audits and analyzing a variety of fiscal data from multiple departments and/or colleges.
• Maintains the integrity of accounting systems and the chart of accounts; establishes new accounts, deletes obsolete accounts, monitors systems for compliance w/GASB policies and procedures; and performs other related tasks.
• Completes a variety of accounting functions, which includes capitalizing assets, reconciling balance sheets and accounts; transferring funds; setting up new accounts; monitoring fund balances; approving payment vouchers; entry of departmental deposit; reconciling & approving P-Card transactions; & preparing status reports. Activities involve data from three departments.
• Provides data and recommendations to managers regarding account and/or fund balances, budgeting practices and accounting functions. Coordinates activities with project leaders, financial staff, and outside agencies.

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
• 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
• 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.

The Department of Family Medicine and Community Health at the University of Minnesota was created more than 50 years ago in response to a legislative mandate to train primary care physicians. Since then, we have been leaders in transforming the specialty through education, research, and patient care. We are the academic sponsor of seven family medicine residencies-five in the Twin Cities, two in Greater Minnesota. We are involved in medical student education activities across the Medical School's two campuses: Twin Cities and Duluth. We sponsor five fellowship programs-sports medicine, hospice and palliative medicine, behavioral medicine, clinical informatics, and human sexuality- and offer continuing medical education opportunities. We are regularly among the top National Institutes of Health-funded family medicine departments. Our faculty are actively researching health disparities, healthcare delivery, and population health. More at https://med.umn.edu/familymedicine.

Pay Range: $37.98 to $42.60per hour, we anticipate most offers will be around the midpoint of this range, depending on education and experience.

Time Appointment: 100% Appointment

Position Type: Civil-Service

Please visit the Office of Human Resources website for more information regarding benefit eligibility.

The University offers a comprehensive benefits package that includes:

• Competitive wages, paid holidays, and generous time off
• Continuous learning opportunities through professional training and degree-seeking programs supported by the Regents Tuition Benefit Program
• Low-cost medical, dental, pharmacy and disability plans
• Healthcare and dependent care flexible spending accounts
• University HSA contributions
• Employer-paid life insurance
• Employee wellbeing program
• Excellent retirement plans with employer contribution
• Public Service Loan Forgiveness (PSLF) opportunity
• Financial counseling services
• Employee Assistance Program with eight sessions of counseling at no cost
• Employee Transit Pass with free or reduced rates in the Twin Cities metro area

Applications must be submitted online. To be considered for this position, please click the Apply button and follow the instructions. You will be given the opportunity to complete an online application for the position and attach a cover letter and resume.

Additional documents may be attached after application by accessing your "My Job Applications" page and uploading documents in the "My Cover Letters and Attachments" section.

To request an accommodation during the application process, please e-mail employ@umn.edu or call (612) 624-8647.

The University recognizes and values the importance of diversity and inclusion in enriching the employment experience of its employees and in supporting the academic mission. The University is committed to attracting and retaining employees with varying identities and backgrounds.

The University of Minnesota provides equal access to and opportunity in its programs, facilities, and employment without regard to race, color, creed, religion, national origin, gender, age, marital status, disability, public assistance status, veteran status, sexual orientation, gender identity, or gender expression. To learn more about diversity at the U: http://diversity.umn.edu

Any offer of employment is contingent upon the successful completion of a background check. Our presumption is that prospective employees are eligible to work here. Criminal convictions do not automatically disqualify finalists from employment.

The University of Minnesota, Twin Cities (UMTC)

The University of Minnesota, Twin Cities (UMTC), is among the largest public research universities in the country, offering undergraduate, graduate, and professional students a multitude of opportunities for study and research. Located at the heart of one of the nation's most vibrant, diverse metropolitan communities, students on the campuses in Minneapolis and St. Paul benefit from extensive partnerships with world-renowned health centers, international corporations, government agencies, and arts, nonprofit, and public service organizations.

At the University of Minnesota, we are proud to be recognized by the Star Tribune as a Top Workplace for 2021, as well as by Forbes as Best Employers for Women and one of America's Best Employers (2015, 2018, 2019, 2023), Best Employer for Diversity (2019, 2020), Best Employer for New Grads (2018, 2019), and Best Employer by State (2019, 2022).