This position is responsible for performing professional accounting requiring the application of general accounting principles for SCSE. This is the first level within the Finance Job Family and is responsible for providing professional financial support for assigned portfolios, which are predominately academic departments. Responsibilities include monitoring, reviewing and analyzing expenditures and reconciling accounts and funds.

The position works with a diverse group of colleagues from varying backgrounds, communities, and identities, and actively supports and advances the Universityâ™s commitment to equity, diversity, and inclusion.

The position works within policies and procedures in the areas of budget, financial management, compliance and audit, reporting, and department operations. This position specializes in accounting for non-sponsored funds, internal/external sales & services, foundation, and other unrestricted and restricted funding. The position reports to the finance manager but works closely with the lead non-sponsored fund accountant, other finance team members, departmental staff and faculty and is expected to develop and maintain strong skills in all areas of service.

Job Responsibilities

Account Monitoring and Reconciling (45%)

• Review, monitor, and reconcile financial activity for non-sponsored funds, internal and external sales revenue, scholarship and endowment funds on a monthly basis. Ensure appropriate fund usage; initiate and process journal entry corrections.
• Verify payroll abstracts for SCSE.
• Assist with the course fee review. Submit fee adjustments, justification and supporting documentation to the SCSE Finance Manager for entry.
• Assist with internal/external sales business managers in developing business plans, rates, and contracts; facilitate the annual reporting for accounts receivable and internal/external sales.
• Provide consistent and informative communication through routine interactions with Department Heads and administrative staff.

Account Reporting and Budgeting (35%)

• Develop routine, customized, and ad hoc financial reporting for assigned departments; gathering data from a variety of sources.
• Resolve accounting issues identified during reconciliation, prepare journal entries for funding transfers, cross-charges and adjustments/corrections as well as salary retro distribution adjustments as needed.
• Assist with annual budgets preparation and entry.
• Ensure budget deadlines are met and fiscal year-end close-out.
• Identify gaps in revenue and/or expense.

Accounts Payable/Receivable (10%)

• Liaison between UMD Controllerâ™s office and departmental administrators to facilitate payment of invoices received.
• Assist internal/external sales business managers with monthly invoicing.

Customer Service and Department-wide Development (10%)

• Contribute as a team member in the delivery of services and administration of the SCSE FSO by participating in planning, evaluating, and executing department activities and initiatives.
• Attend training sessions to maintain competence and ability to perform functions of the position.
• Attend Financial Systems User Network (FSUN) meetings.
• Participate in college-wide and department staff/team meetings, professional development, training, and events.
• Other duties as assigned.

The FSO provides high-quality consistent and timely finance services to clients within SCSE. As an administrative service unit within SCSE, the FSO is dedicated to providing high quality,
innovative and continually improving client services while upholding ethics and integrity standards. Learn more about us by visiting our website: https://scse.d.umn.edu/

Required Qualifications

• Bachelor's degree or a combination of related education and professional experience totaling four years.
• Demonstrated experience in accounting/fund accounting, budget development, and/or other financial management.
• Demonstrated ability to collaborate well with people from a variety of backgrounds, communities, and identities.

Minimum Qualifications

• BA/BS degree in accounting, business, public administration, finance, economics or a related field.
• Demonstrated experience in accounting/fund accounting, budget development, and/or other financial management.
• Demonstrated ability to collaborate well with people from a variety of backgrounds, communities, and identities.
• Experience with using PeopleSoft
• Experience in analyzing financial data, grant management, and monitoring complex budgets and contracts.
• Advanced computer skills including spreadsheet development and maintenance using Excel and web database reporting.
• Demonstrated ability to effectively manage priorities, coordinate multiple assignments simultaneously, and meet deadlines
• Experience delivering high level customer service, including proactive communication and ability to troubleshoot and resolve issues

About University of Minnesota Duluth

The University of Minnesota Duluth integrates liberal education, research, creative activity, and public engagement and prepares students to thrive as lifelong learners and globally engaged citizens.

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