Position Overview

Join University Finance at the prestigious University of Minnesota as a Senior Grant and Contract Accountant and play a pivotal role in our Sponsored Financial Reporting team. As a member of this dynamic team, you will be responsible for preparing and submitting invoices and financial reports in compliance with the terms and conditions of the sponsored awards. Your attention to detail as well as excellent time management and organizational skills will be essential in ensuring accuracy and timely submission of invoices and financial reports.

In addition to your invoicing and reporting responsibilities, this position will play a key role in training and supporting co-workers on various processes and procedures as well as handle audits and closeout of assigned awards. Your critical thinking, problem-solving and decision-making skills will be useful when taking steps to ensure that processes are productive and efficient. Your excellent communication skills will come into play as you liaise with university departments and sponsors, resolving issues and providing policy and procedure interpretation. Join us at the University of Minnesota and make a meaningful impact on our sponsored financial reporting team and our university community as a whole.

Salary Range: $67,000 - $73,000, DOQ

Hybrid Work Environment

We Offer:

• MN State Retirement System (MSRS) pension plan - tax deferred.
• 13 paid vacation days per year (starting accrual rate), in addition to 13 paid sick days and 11 paid holidays.
• Reduced tuition opportunities covering 75% - 100% of eligible tuition.
• Excellent and affordable health care benefits (2023 Enrollment Guide)
• Wellness program with opportunity to earn lower health care rates.
• Annual merit increase program.

Essential Duties and Responsibilities with % of time:

Reporting & Invoicing (65%)

• Independently work assigned account list and prioritize workload for the varying due dates of invoices/reports
• Prepare invoices and reports using established policies and procedures to ensure they are accurate and submitted within the sponsor deadlines
• Image documentation of work processes, communications and decisions for invoice/report preparation

Award Closeout (10%)

• Review and analyze each assigned award and complete the necessary tasks for budget period and final closeout

Communication and Customer Relations (10%)

• Regular communication with university departments and sponsors to resolve problems and respond to inquiries. Prioritize follow up based on risk to the university
• Provide policy and procedure interpretation to departments.

Miscellaneous and other duties as assigned (15%)

• Training to include department and sponsor policies and procedures
• Award setup and maintenance
• Audits including site visits, desk reviews and other monitoring requests
• Stay current on University policies and relevant procedures by attending a minimum of 10 hours of continuing education sessions or events per year

Required Qualifications (please document on the resume):

• BA/BS Degree and at least 4 years of related work experience OR a combination of related education and work experience to equal 8 years. 
• Strong understanding of billing and reporting principles and practices.
• Proficiency in financial software and systems, such as ERP systems, spreadsheet software, and financial reporting tools.
• Excellent analytical skills with the ability to review and analyze financial data and reports accurately and efficiently.
• Strong attention to detail and accuracy in financial reporting to ensure compliance with applicable requirements.
• Demonstrated commitment to Diversity, Equity, and Inclusion (DEI) in the workplace, and ability to contribute to DEI initiatives within the team and the university community.

Preferred Qualifications (please document on the resume):

• BA/BS with a major in accounting or finance.
• Strong understanding of billing and financial reporting principles, practices, and regulations related to sponsored awards.
• Knowledge of relevant federal regulations and policies, such as Uniform Guidance (2 CFR 200), for sponsored awards management.
• Professional certifications, such as Certified Research Administrator (CRA).

About University of Minnesota Twin Cities

The University of Minnesota, founded in the belief that all people are enriched by understanding, is dedicated to the advancement of learning and the search for truth; to the sharing of this knowledge through education for a diverse community; and to the application of this knowledge to benefit the people of the state, the nation, and the world.

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