Position Overview: The Financial Professional 1(8221AA) is an entry level position within the Finance Job Family. This position is responsible for providing professional level decision support within the RAR organization. Tasks will include receiving good and services as well as invoice processing, performing special services billing to customers, maintaining customer billing data in the WDS system to accurately direct charges; ordering goods and services as requested through the Procurement system. This position will also assist with customer billing inquiries and troubleshooting issues and be involved in the annual financial planning cycle of budget preparation and creating and maintaining billing rates. The Financial Professional 1 will interact with internal RAR customers and may interact with external University customers.
Accounting and Financial Planning Activities (70%) • Obtain invoices, proof of receipt, record receipt in EFS and prepare invoices for vouchering • Act as secondary for maintaining customer billing strings in WDS system • Investigate and respond to billing inquiries and prepare billing corrections as needed • Assist with annual budget preparation • Assist with annual per diem and special services rate calculations • Manage billing email account for the department • Perform financial reporting and ad hoc analysis as requested
Procurement Activities (20%) • Prepare purchase orders and Umarket orders as requested • Place pcard orders for items not available via Umarket • Investigate payment discrepancies with suppliers recommending course of action
Backup and Other Duties (10%) • Back up the other Accountant’s responsibilities • Participate on departmental teams as assigned • Participate on special projects as assigned
Required Qualifications: BA/BS degree in Finance or Accounting, or a combination of related education and relevant business experience totaling 4 years. Demonstrated experience understanding financial and economic terminology and concepts Familiarity with ERP systems such as PeopleSoft and applications such as Microsoft Office and Google Suite. Demonstrated excellent time management skills and the ability to meet deadlines in a fast-paced environment.
Preferred Qualifications: Experience working in University environment. Attention to detail and an analytical approach to data observation Strong customer service skills
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.