Job Description

Overview:

This is a civil service position governed by the Civil Service Rules at the University of Minnesota. Responsible for providing senior-level professional financial support. Requires in-depth knowledge and experience with sponsored and non-sponsored accounting. Assist in the development of accounting practices and procedures to increase capacity, efficiency, and competency to manage sponsored project and non-sponsored funding. Serve as liaison to Principal Investigators and provide accounting support to them on sponsored projects from pre-award through post-award and closeout. Identifies complex problems and proactively finds solutions. Works independently with minimal guidance. Acts as a resource for colleagues.

Accounting Support and Analysis (65%)

• Responsible for a portfolio of faculty membersâ™ sponsored and non-sponsored accounts. This includes post-award, accounting, reconciliations, auditing, and approving or denying expenditures based on existing administrative requirements.
• Regularly meet with faculty to review status of accounts and develop individualized financial plans, including providing financial management and oversight to faculty accounts.
• Work with SFR (Sponsored Financial Reporting) to prepare and analyze detailed reports provided to sponsors for accuracy.
• Work with SPA (Sponsored Projects Administration) to ensure sponsored requirements are met and ensure grants are closed out properly.
• Serve as effort coordinator for assigned faculty portfolio.
  

Budget Management and Financial Planning (25%)

• Work with the Department Administrator on overall departmental budget preparation and financial management.
• Prepare annual fiscal year budgets in EFS (Enterprise Financial System) including position budgeting and budget detail for non-sponsored chart strings following Dean's office guidelines, and meeting deadlines for entering into University budget system.
• Work with the Department Administrator to identify, develop, and roll out faculty financial reports.
• In collaboration with other staff, identify and implement process improvements related to sponsored and non-sponsored accounting and faculty reporting.
• Manage the departmentâ™s indirect cost recovery process and allocations.
  

Departmental Financial Resource (10%)

• Serve as a certified approver for the department.
• Serve as a backup approver for all qualified transactions.
• Attend appropriate trainings and meetings to stay current on University, state, and federal regulations and systems.

Required Qualifications:

• BA/BS in accounting or related field and 4 years of relevant work experience OR a combination of education and experience to equal 8 years.
• Experience with financial planning or budget management.
• Demonstrated proficiency with Microsoft word and excel.

Preferred Qualifications:

• Familiarity with University systems such as PeopleSoft, EFS, UM Reports, ECRT and EGMS.
• Demonstrated ability to proactively identify and resolve complex problems.
• Demonstrated ability to organize and direct multiple projects and interrelated financial activities with major operational or funding impact.
• Demonstrated ability to anticipate business needs of the department, develop and analyze alternatives, and make recommendations to faculty and unit leaders regarding budgets and sponsored projects.
• Strong customer service skills.
• Demonstrated ability to meet deadlines in a fast-paced environment.
• Must have the skills and ability to work toward becoming a Certified Approver within one year of employment.
• Familiarity with University and sponsor accounting (Federal and non-Federal) regulations.

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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