Finance Professional 3 Generalist
Minneapolis, MN  / Saint Paul, MN 
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Posted 22 days ago
Job Description
Job ID
360615
Location
Twin Cities
Job Family
Finance
Full/Part Time
Full-Time
Regular/Temporary
Regular
Job Code
8223FG
Employee Class
Civil Service
About the Job

Overview:


This position is based out of Minneapolis, MN and is eligible for hybrid work-from-home and/or on-campus work dependent upon individual performance and organizational need. Because the University of Minnesota is a land-grant institution that serves the state, residing in Minnesota is typically required.

This Finance Professional position is a member of the FOD Administrative Center's finance team which collectively supports the departments of Family Medicine and Community Health, Ophthalmology, and Dermatology. This position will be the subject matter expert providing financial, accounting, and analytical expertise on all aspects of two divisions within the Center including both awarded sponsored projects and the operational aspects of these two divisions. This position will have two core areas of responsibility:

Post Award Grant Management (70%)

  • Partner with principal investigators, administrative/lab staff, and other accounting staff to provide comprehensive financial support on cost reimbursable and fixed price sponsored projects.
  • Liaise between the principal investigator, Sponsored Projects Administration, Sponsored Financial Reporting, and department staff by interpreting and explaining policy and procedural requirements.
  • Understand and communicate sponsor and University restrictions regarding PI/staff eligibility, cost sharing, sponsor restrictions, award terms, etc.
  • Provide support and recommendations regarding administrative requests to the sponsor such as submission of re-budget requests, no-cost extension letters, changes to key personnel, requests for carryover of unspent funds, budget short falls/overruns, as well as subaward activity (e.g. contract set up and amendments).
  • Advise, draft, or review communications sent on behalf of the principal investigator to ensure and financial integrity.
  • Prepare ad hoc, monthly, and annual reports of assigned grants/projects/programs for principal investigators. Reports should include detailed financial analysis to identify areas of concern, provide documentation for audit purposes, and suggest a recommended course of action to resolve any issues.
  • Facilitate meetings with principal investigators as necessary/requested to discuss award status and advise on related accounting matters.
  • Communicate regularly with principal investigators regarding necessary distribution changes and cost transfers. Process necessary corrections in a timely fashion according to University and sponsor policies.
  • Coordinate effort certification for assigned faculty and grants.
  • Monitor awards for compliance concerns (FCOI, RCR, Other Support documentation, use of human subjects or vertebrate animals, etc.).
  • Monitor, audit and approve/deny expenditures on assigned sponsored and non-sponsored accounts based on administrative requirements of the University and sponsor.

Unit Forecasting, Budgeting, and Reporting (25%)

  • Prepare regular and ad hoc monthly, quarterly, annual and ad hoc reports that include projections for departmental chart strings. Assist with the interpretation of these reports, identify areas of concern, and provide possible solutions to departmental staff.
  • Develop University budgets including planning, preparing, compiling, and reviewing while interfacing with a verity of business partners.
  • Assist assigned unit with external reporting requirements as necessary.
  • Be viewed by department staff as a knowledgeable, helpful source of policy and procedure interpretation related to purchasing, travel, justification preparations, p-card usability, and other financial regulatory activities.
  • Monitor, audit and approve/deny expenditures on assigned non-sponsored accounts based on administrative requirements of the University.
  • Monitor spending activity on assigned chart strings and reconcile activity regularly.
  • Resolve accounting issues identified during regular review via journal entries, payroll distribution changes, billing, etc.
  • Communicate regularly with department administrators, faculty, and other staff regarding a variety of financial and compliance matters.
  • Coordinate with Med School financial administration as necessary to support assigned department.
  • Maintain positive working relationships with department staff.

Other duties not listed above (5%):

  • Represent the Center on various committees to share expertise, aid in decision making and communicate information back to the team.
  • Continue professional development by engaging with relevant courses, workshops, seminars, and training opportunities to stay abreast of evolving practices and policies.
  • Special assignments and projects as assigned by the Finance Manager or Finance Director.
  • Attend applicable training and general finance meetings to stay abreast of evolving practices and policies.
  • Assist Finance Director and Finance Manager with ad-hoc reporting and other duties as assigned.
  • Provide exceptional customer service to assigned department.

Salary Range: $67,933 to $83,783 annually; actual starting salary is dependent on experience and qualifications and is anticipated to begin at $70,034 to $76,907 annually.

Qualifications

All required qualifications must be included in the application materials

Required Qualifications:

  • BA/BS with major in accounting, finance or business administration plus at least four years of accounting/ administrative experience, or related education and experience to total eight years.
  • Strong technical, problem solving and process improvement skills.
  • Analysis skills; ability to gather, organize and present data in a meaningful way.
  • Must have excellent critical thinking, decision-making, and communications skills.
  • Proficiency with relevant computer programs including Word, Excel and Adobe.
  • Proficiency with Microsoft Excel (formulas, pivot tables, Vlookup, etc.)
  • Monthly reporting, forecasting and variance analysis experience.
  • Experience with information management including the ability to gather, organize and present data in a meaningful way.
  • Excellent communication and interpersonal skills with the ability to work with a variety of stakeholders at all levels, both within and external to the U of M.
  • Demonstrated ability to provide excellent customer service.
  • Ability to work in a fast-paced environment.
  • Willingness to learn and take on challenges.

Preferred Qualifications:

  • Familiarity with University systems such as PeopleSoft HRMS, EFS, UM Analytics, ECRT and EGMS.
  • Experience analyzing and reconciling data across multiple systems
  • Experience working with databases, including an ability to extract and manipulate data to support critical analysis and decision making
  • Ability to simplify and improve processes
  • Ability to proactively identify and resolve complex problems.
  • Ability to work simultaneously on multiple projects with fixed deadlines
  • Current or past grant-related work in an academic setting.
  • Understanding of federal and University regulations governing research.
  • Familiarity with Clinical Research and/or Clinical Trials
  • University of Minnesota Certified Approver
About the Department

The Department of Family Medicine and Community Health at the University of Minnesota was created more than 50 years ago in response to a legislative mandate to train primary care physicians. Since then, we have been leaders in transforming the specialty through education, research, and patient care. We are the academic sponsor of seven family medicine residencies-five in the Twin Cities, two in Greater Minnesota. We are involved in medical student education activities across the Medical School's two campuses: Twin Cities and Duluth. We sponsor five fellowship programs-sports medicine, hospice and palliative medicine, behavioral medicine, clinical informatics, and human sexuality- and offer continuing medical education opportunities. We are regularly among the top National Institutes of Health-funded family medicine departments. Our faculty are actively researching health disparities, healthcare delivery, and population health. More at .

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, pharmacy, and disability plans
  • Healthcare and dependent care flexible spending accounts
  • University HSA contributions
  • 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:

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 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.

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).


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.

 

Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full or Part Time
Required Education
Bachelor's Degree
Required Experience
4+ years
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