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Finance Professional 3

University of Minnesota
United States, Minnesota, Saint Paul
June 18, 2022
Job ID

348232

Location

Twin Cities

Job Family

Finance

Full/Part Time

Full-Time

Regular/Temporary

Regular

Job Code

8223 FN

Employee Class

Civil Service

About the Job

Description of Position
This position provides financial and operational support to units within University Health & Safety for financial statements, budgets, billing, process and policy, and repair and replacement funding. This includes support and preparation of monthly financial statements, payroll variance reconciliations, and preparation of annual budgets and internal billings. Responsibilities require the use of People Soft, Excel, Tririga, and other financial and reporting software. This position also provides financial and accounting support for University of Minnesota construction Repair and Replacement projects and manages the pools of funds allotted for these types of projects. This position is a key partner in managing and reporting remaining pool fund balances to University Services and Facilities Management Leadership. This includes project set up and closeout, reconciliation of subsidiary systems to the general ledger, and providing customer service and reporting for various customers.

Financial and Operational Support University Health & Safety (50%)
Prepare, review, and analyze monthly financial statements and operational reports for University Health and Safety. Perform variance analysis, researching discrepancies and providing explanations or possible solutions to any budgetary discrepancies. Advise managers and staff on proper accounting procedures in the purchase, sale or exchange of goods and services. Prepare, monitor, and reconcile payroll and fringe activity monthly. Assist in the preparation of annual budgets for University Health and Safety. Prepare budget presentation materials and annual budget documentation for leadership. Provide budgetary support for UHS units. Enter budgets into People Soft and position budgeting. Manage internal and external billings for units within University Health and Safety. Partner with departmental managers to develop and implement efficient and effective billing procedures. Monitor payment of invoices and posting of internal vouchers and journal entries. Compile monthly and quarterly charges for University of Minnesota Medical Center, Fairview. Serve as a Billing Specialist for University Health and Safety.

Manage Repair and Replacement Pool Funds & Projects (50%)
Monthly review of project expenditures against funds to ensure life to date expenses are not greater than funded amount. Monthly and annual reporting of remaining pool fund balances and projects funded by the pool to leadership. Participate on the University Health and Safety Repair &Replacement (R&R) committee. Ensure projects funded by the Repair and Replacement pools meet the qualifications for fund usage. Ensure that projects are funded timely and accounted for appropriately, and potential projects are estimated and tracked against the pool resources. Set up projects in Tririga and Peoplesoft. Determine correct accounting codes, proper account transfers, and accuracy of charges. Process fund transfers in the University general ledger, ensuring that funding is available and appropriate for project use. Determine capitalization components of projects. Reconcile project costs in subsidiary systems to general ledger, analyzing discrepancies, determining the validity of transactions, and making necessary corrections. Close out projects in a timely manner upon completion. Respond to staff and customer requests for project accounting information.

  • This job may be designated as essential
  • The employer retains the right to change or assign other duties to this position
  • Essential Qualification: Regular attendance is an essential qualification for this position

Qualifications

Required Qualifications
* Bachelor's degree in Finance, Accounting, or related field
* Four years professional accounting, finance, or related experience
* Experience and proficiency using spreadsheets, software systems, and reporting software
* Experience using general ledger financial applications and interpreting financial results.
* Excellent communication skills, both verbal & written
* Demonstrated ability to provide strong customer support

Preferred Qualifications
* Four or more years of accounting experience
* Experience with University of Minnesota policies, procedures, and accounting systems
* Demonstrated working knowledge of accounts receivable, accounts payable, general ledger, budgeting, forecasting, fund, cost, and project accounting
* Billing Specialist

Knowledge, Skills and Abilities
* Demonstrated ability to establish and maintain effective working relationships with internal and external organizations, groups, team leaders and members and individuals.
* Ability to work both independently and as part of a team.
* Demonstrated ability to interpret, present, and analyze information and ideas clearly and accurately in writing, verbally and by preparation of reports and other materials.
* Demonstrated ability to self-start and take initiative on assignments.
* Strong organizational skills with demonstrated ability to use good judgment in prioritizing multiple requests made while meeting deadline objectives.
* Excellent communication skills, strong problem-solving abilities with attention to detail.

Benefits

Working at the University

At the University of Minnesota, you'll find a flexible work environment and supportive colleagues who are interested in lifelong learning. We prioritize work-life balance, allowing you to invest in the future of your career and in your life outside of work.

The University also 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
  • Low-cost medical, dental, and pharmacy plans
  • Healthcare and dependent care flexible spending accounts
  • University HSA contributions
  • Disability and employer-paid life insurance
  • Employee wellbeing program
  • Excellent retirement plans with employer contribution
  • Public Service Loan Forgiveness (PSLF)
  • Financial counseling services
  • Employee Assistance Program with eight sessions of counseling at no cost

Please visit the for more information regarding benefits.

How To Apply

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-UOHR (8647).

Diversity

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.

Employment Requirements

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.

Please note: All employees at the University of Minnesota are required to report complete vaccination against COVID-19 or submit documentation requesting a medical or religious exemption on their first day of employment. To learn more, please visit the .

About the U of M

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.

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