Finance Professional 3

The Finance Professional position is an integral member of the Morrill Hall Shared Services Team (MHSST). This position is responsible for both sponsored and non-sponsored finance management functions focusing on budgeting, reporting and forecasting, transaction support and approval, and reconciliation. The position requires knowledge of accounting principles as well as University policy. The position reports to the team's Finance Manager 3.

Job Responsibilities
55%: Financial Operations

• Responsible for the financial management and fiscal operations of assigned units.
• Develop annual Preliminary Budget Development Worksheet and Detailed Budget models in conjunction with departmental leadership.
• Facilitate conversations and provide guidance to unit leadership regarding financial position and potential funding needs.
• Analyze financial data for anomalies, identify gaps in revenue and/or expenses, investigate and recommend solutions.
• Provide fiscal management and monitoring of Foundation funds activity and balances in compliance with University and Foundation policies and procedures.
• Meet regularly with departmental directors to review financial reports and projections, identifying potential funds or compliance problems and recommend solutions to the
  identified problems.
• Ensure accuracy of entered personnel and payroll transactions in payroll accounting and on abstracts, including consistency with appointment documentation and appropriateness of funding source.

30% Financial Documentation Review

• Review and approve all financial documents (i.e. requisitions, vouchers, reimbursements, PCards, and journal entries) with consideration to fund availability and budget plan.
• Coordinate year-end closeout of operational budgets.
• Submit service requests to the Finance Operations Center for general ledger accounting, payroll accounting, accounts receivable and billing, purchasing and accounts payable and assist/direct department staff on the procedure as appropriate.

10% Policy Interpretation and Understanding

• Interpret and apply financial policies to support departmental programming.
• Serve as the information source/point of contact for department staff; assist, advise and train them on accounting policies and procedures related to Chrome River expense reimbursements.

5% Other

• Work within the larger Shared Services Team in a back-up capacity as needed.
• Continue professional development through attendance of courses, workshops, seminars, and other meetings.

Required Qualifications

• BA/BS degree with at least four (4) years of professional accounting work experience, or a combination of related education and work experience to equal eight (8) years.
• Proficient in using Microsoft Excel and online reporting tools.
• Demonstrated ability to collaborate well with people from a variety of backgrounds,
  communities, and identities.
• Strong oral, written, and interpersonal skills, and ability to communicate effectively with diverse audiences.
• Excellent organizational skills and ability to prioritize multiple and sometimes competing projects and assignments.
• Commitment to the values of the Morrill Hall Shared Services Team: accountability,
  communication, diversity and inclusion, integrity and respect.

Preferred Qualifications

• BA/BS with major(s) related to accounting, business or public administration, finance, economics
  or other related field.
• Motivated self-starter with strong attention to detail.
• Experience with U of MN PeopleSoft Financials (EFS).
• Experience with financial reporting, monitoring, analysis, and forecasting.
• Prior experience with planning and implementing budgets.
• Demonstrated knowledge and experience with University financial policies and procedures.

Pay Range: $76,000 - $82,000 annually, depending on education/qualifications/experience

Time Appointment: 75%-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

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).