Finance Professional 3 - Department of Medicine

This Finance Professional 3 position is an integral component of the 13 person accounting team of the Medicine Administrative Center. This position has the ability to work 100% remote or hybrid. Employees will be expected to attend up to two in person workshops per year, which take place in Minnesota. Employees will be responsible for covering for any travel costs that may be incurred while attending the in person workshops.

45% Research Accounting

This position works with both sponsored and non sponsored funding. They would be the financial expert from the point at which a grant is funded through closure. Responsibilities include but are not limited to:
*Determining appropriate payroll percentages for labor charging and effort certification and entering them in a timely manner.
*Auditing and approving expenditures, ensuring compliance with University and sponsor policies.
*Developing financial projections and working with faculty and/or staff to research the source and cause of discrepancies in accounting systems.
*Assist with renewals and closeout of projects.

35% Budget Analysis & Reporting

*Reviews and distributes monthly sponsored and non sponsored reports based upon established deadlines.
*Proactively analyze reports and trends, inform and partner with faculty to develop financial plans and/or find alternative funding sources.
*Support annual budget process for assigned division.

15% Certified Approver & Effort Certification

*Audit and approve expenditures on sponsored research projects.
*Interpret grant and contract regulations and their relation to University accounting procedures, identifies areas of concern and recommends solutions.
*Provide departmental expertise on expenditure requirements and policy.
*Coordinate the effort certification process.
*Review effort statements and work with faculty to resolve discrepancies.

5% Process Improvements & Miscellaneous Analysis

*Act as a back up to support other team members.
*Serve as a departmental representative on Medical School and/or central committees.
*Provide data and recommendations to managers regarding account and/or fund balances, budgeting practices and accounting functions.
*Coordinate activities with project leaders, financial staff and outside agencies.
*Other projects as assigned.

All required qualifications must be included in the application materials

Required Qualifications
*BA/BS plus at least 4 years of experience or a combination of related education and work experience to equal eight years.
*Prior experience with financial reporting and analyses.
*Proficiency with Excel.
*Demonstrated ability to work independently as well as effectively in formal and informal team arrangements.
*Certified Approver or the ability to obtain within one year.

Preferred Qualifications
* Project accounting, preferably with sponsored research accounting.
* Experience with the University of Minnesota financial management information systems and EFS Peoplesoft accounting system, or accounting/fiscal experience in a public, comprehensive higher education institution with considerable knowledge of administrative policies and procedures typical of a public institution of higher education.
* Fund accounting skills.
* Ability to interpret and present and analyze information and ideas clearly and accurately in writing, verbally and by preparation of reports and other materials.
* Ability to establish and maintain effective working relationships with internal and external organizations, groups, team leaders and members and individuals.
* Strong organizational skills with demonstrated ability to use good judgment in prioritizing multiple requests made at times by persons with competing interests.

Pay Range: $70,000-$90,000; depending on education/qualifications/experience

Time Appointment Category: 100% Appointment

Position Type: Civil-Service 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

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).

About the U of M Medical School:

Committed to innovation and diversity, the Medical School educates physicians, scientists, and health professionals; generates knowledge and treatments; and cares for patients and communities with compassion and respect. We value excellence, inclusiveness, collaboration, and discovery.

The mission of the regional campus located in Duluth is to be a national leader in improving healthcare access and outcomes in rural Minnesota and American Indian/Alaska Native (AI/AN) communities. In partnership with CentraCare, the regional campus in St. Cloud offers a wide range of patient experiences throughout students' education in Greater Minnesota and prepares them to become exceptional clinicians and leaders for rural and immigrant populations.

Founded in 1888, the University of Minnesota Medical School has three campuses. A four-year MD program and the MD/PhD program are located on the Twin Cities campus in addition to MD programs at regional campuses in Duluth and St. Cloud.