The School of Dentistry is in search of an innovative, technically savvy accountant and analyst to join our finance team.
- This position is at the University of Minnesota job code 8244FG (Finance Professional 4 - Finance Generalist).
- The pay range for this position is $80,000-90,000/year depending on the qualifications that the finalist brings to the position.
- This position is eligible to work a hybrid schedule (some days on-site and some days remote) with the majority of work days on-site to support the the clinical faculty and staff and the patient care mission at the School of Dentistry.
The mission of the finance team at the School of Dentistry is to support the school through effective use of resources, timely and relevant reporting of financial information, and a collaborative approach to resolving financial challenges.
This senior accountant and financial analyst provides professional accounting and analysis for assigned complex and diverse financial portfolios, including tuition and state allocations, foundation and endowments, clinics, affiliations, and student fees. Leveraging in-depth knowledge and expertise, the position provides financial analysis and reporting to the unit leadership, faculty, and staff. This position reports to the school’s Controller and Director of Financial Reporting.
In this role, you will:
● interpret and explain University financial policies to departmental partners;
● work collaboratively and develop successful partnerships with faculty, staff, and administrative management in the departments, Dean’s office and other constituents on campus;
● recommend and implement process improvements;
● use Business intelligence tools (such as Oracle OBIEE/UM Analytics, Tableau, Hyperion, and MS Access) to develop complex, comprehensive financial reports and analyses
● identify trends, forecast/project, and communicate findings to department chair, division directors, CFO, Controller, and other constituents
● use effective time management, organization, and prioritization skills to complete tasks
● reconcile complex financial activity
● contribute to the mission of the School of Dentistry, which is to advance health through scientific discovery, innovative education, and the highest-quality care for all communities.
Duties/Responsibilities:
Financial Reporting and Analysis (40%)
Use business intelligence software tools including Oracle OBIEE, Tableau, and other University reporting tools in addition to Microsoft Excel to prepare and provide complex, comprehensive financial reports, projections, and analyses. Present reports and consult with a variety of stakeholders in the college and/or department. Perform budget-to-actual analysis. Analyze financial trends, interpret data, share observations, and make recommendations. Financial reporting and analysis will consist of requests from the CFO, Controller, and /or Department chair/Division heads and or central constituents. Provide leadership in developing creative and innovative new ways to analyze financial and clinical business activity for the School of Dentistry.
Budget Monitoring and Financial Oversight (40%)
Initiate, lead, and facilitate budget meeting discussions in assigned divisions/department. Develop, enter, monitor, and forecast non-sponsored budgets. This includes auditing and reviewing financial transactions to ensure compliance with University Policy; and working with managers on comparisons and analyses for specific areas including endowments, student fees, clinic supplies and services, staffing and other expenditures and revenues.
Reconciliation and Transaction Review/Approval (20%)
Research, reconcile and analyze complex financial activity in clinical and academic settings within the School of Dentistry. Reconcile activity to the University general ledger. Identify financial and compliance issues and make recommendations. Work closely with leadership and constituents across the SOD to analyze key performance indicators, identify trends, rate forecasting, monitoring accounts receivable, accounts payable, ensuring compliance with University’s policies and GAAP regulations to solve complex problems. Reconcile complex reports and challenge potential issues based on knowledge of GAAP, University and collegiate policies and procedures. Support specific areas of the SOD and be responsible for review and approval of transactions such as procurement card reporting and reconciliation, expense reimbursements, journal entries, requisitions, voucher approvals, and salary transfers.