Finance Professional 2 - MNPI Administrative Center

About the Job

This position provides professional financial support services to four basic science departments at the University of Minnesota Medical School: Microbiology & Immunology; Neuroscience; Pharmacology; and Integrative Biology & Physiology (MNPI).

Responsibilities

• Provide financial management support for sponsored and non-sponsored accounts.
• Generate monthly financial reports, including projections, identifying trends, working with faculty and lab staff to resolve financial issues.
• Review purchasing and payroll transactions on accounts for policy compliance and budgetary impact.
• Initiate, process and/or approve financial transactions for efficient and timely account management.
• Reconcile accounts for reasonableness.
• Meet regularly with PIs and management to review financial status of PIs. Provide guidance and problem solve solutions for issues pertaining to financial shortfalls.
• Aid in budget development on grant submissions ensuring compliance with University and sponsor guidelines.
• Work with SPA and SFR on sponsor activities to meet contractual obligations such as award setups, rebudget and closeouts.
• Keep current on both University and sponsored policies and procedures giving guidance to faculty and staff when necessary.
• Maintain salary distributions and process distribution updates and retroactive corrections when necessary.
• (70%) Financial Reporting:
• Manage financial reporting for sponsored and non-sponsored accounts.
• Generate monthly financial reports, including projections, identifying trends, and resolving financial issues.
• Ensure compliance with policies and procedures.
• Resolve financial transactions and initiate/approve financial transactions.
• Reconcile accounts for reasonableness.
• Monitor financial status and provide guidance to faculty and staff.
• Aid in budget development and sponsor activities.
• Stay updated on policies and procedures.
• Process salary distributions and address distribution updates.
• (10%) Transaction Approvals:
• Review, resolve, and approve EFS transactions for assigned department(s).
• Work with Purchasing Coordinator, PI’s, and lab staff to rectify problematic transactions.
• Utilize excellent customer service skills to explain and uphold policies, seeking win-win solutions and following through to resolution.
• (10%) Effort Certification:
• Coordinate effort certification process and ensure deadlines are met.
• Maintain dollar values committed, salary cap compliance, and reportable cost-share.
• Verify proper accounting of paid and unpaid effort in the payroll system and ECRT.
• Make salary adjustments to ensure reported effort is correct.
• (10%) Other Duties as Assigned:
• Backup other team members.
• Serve on various committees.
• Participate in special projects as assigned.

Qualifications

• Bachelor’s degree in accounting and two years of professional accounting experience and/or an equivalent combination of education and related experience to equal six years.
• Prior experience with Microsoft Office including advanced skills with Excel spreadsheets.
• Experience with financial analysis, forecasting, and reporting.
• Familiarity with payroll processes.
• Demonstrated ability to manage multiple projects and accounts simultaneously, and to work both independently and as part of a team.
• High level of analytical and problem-solving skills.
• Excellent communication skills with ability to establish and maintain effective working relationships within and outside of the area and with all levels of management.
• Proven ability to provide superior customer service.

Preferred Qualifications

• Experience with University of Minnesota Enterprise Financial System (EFS) and PeopleSoft.
• Experience with University of Minnesota HRMS and payroll systems.
• Experience using Filemaker database.
• Prior experience with post award grants management, including effort certification.
• Prior experience planning and implementing budgets.
• Good organizational and prioritization skills.
• Proven ability to follow through on issues for timely resolution.

Pay and Benefits

Pay Range: $29.00 to $33.00 per hour; depending on education/qualifications/experience
Time Appointment: 100% Appointment
Position Type: Civil-Service & Non-Faculty Labor Represented Staff

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, 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) 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

While our salary ranges provide a framework, it is important to note that most of the time, the initial pay may not reach the maximum of the range. This approach ensures that compensation reflects the value and unique contributions of each candidate while maintaining equity within our organization. As part of our commitment to fair and equitable compensation, please be aware that the salary offered to incoming candidates will be based on their individual credentials and experience.

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) 624-8647.

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.

About University of Minnesota

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.