This position provides accounting services for the Office of Academic Clinical Affairs (OACA) Finance group. The OACA Finance team provides leadership in financial management and budget development, financial data analyses, and decision support and reporting systems. We also provide grants management, transaction processing, and support for the shared service and administrative units of the health sciences.
Essential Duties and Responsibilities with % of time:
Financial Reporting and Reconciliation (40)%
Create periodic financial reports for management and other budget status reports, complex reports on current budget status, budget projections, analysis of historical trends, and month-to-month comparison reporting.
Distribute reports to Unit Directors and answer any questions that may arise.
Reconcile resources and expenses to the ledger, audit for errors, investigate discrepancies, and prepare correcting journal entries.
Monitor transactions for compliance and correct use of account string. Ensure university policies and procedures are followed for all transactions and stay up-to-date on policy changes.
Transactional Activity (40%)
Duties include Purchasing and A/P activities and, tenant billing.
Includes preparing entry requests sent to cluster for: journal entries for year-end adjustments, transfer in/transfer out entries, budget journals, prepare ISO uploads, etc. and acting as a resource for interpretation and policy related to transactions.
Assist with Annual Budget Development (15%)
Assist the RRC Manager with expense and revenue forecasting throughout the fiscal year.
Analyze budgets and financial information for historical trends and current business needs
Make recommendations based on data
Assist with budget entry in PeopleSoft.
Other duties as assigned (5%)
All required qualifications must be documented on application materials
Bachelorâ™s degree in Accounting or related field and two years work experience in accounting, which should include journal entry preparation and expense reconciliation; or Associates degree in Accounting and four years work experience; or a combination of related experience and education to equal six (6) years
One year payroll experience.
Intermediate level Excel, which should include using formulas, pivot tables, graphs, tables and formatting experience.
Ability to work semi-independently to handle many tasks and prioritize appropriately.
Employee must be able to relate to other people beyond giving and receiving instructions: (a) get along with co-workers or peers without exhibiting behavioral extremes; (b) perform work activities requiring negotiating, instructing, supervising, persuading or speaking with others; and (c) responding appropriately to constructive feedback from a supervisor.
Experience with budgeting, reporting and financial analysis.
Detail oriented and able to follow specific procedures.
Excellent communication and interpersonal skills.
A customer-oriented service mindset.
This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required. Duties, responsibilities and activities may change or new ones may be assigned at any time with or without notice.
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.