The Finance Professional position is an integral member of the Morrill Hall Shared Services Team (MHSST). This position is responsible for both sponsored and non-sponsored finance management functions focusing on budgeting, reporting and forecasting, transaction support and approval, and reconciliation. The position requires knowledge of accounting principles as well as University policy. The position reports to the teamâ™s Finance Manager 3.

Job Responsibilities 
55%: Financial Operations 

• Responsible for the financial management and fiscal operations of assigned units.
• Develop annual Preliminary Budget Development Worksheet and Detailed Budget models in conjunction with departmental leadership.
• Facilitate conversations and provide guidance to unit leadership regarding financial position and potential funding needs.
• Analyze financial data for anomalies, identify gaps in revenue and/or expenses, investigate and recommend solutions.
• Provide fiscal management and monitoring of Foundation funds activity and balances in compliance with University and Foundation policies and procedures.
• Meet regularly with departmental directors to review financial reports and projections, identifying potential funds or compliance problems and recommend solutions to the
  identified problems.
• Ensure accuracy of entered personnel and payroll transactions in payroll accounting and on abstracts, including consistency with appointment documentation and appropriateness of funding source.

30% Financial Documentation Review

• Review and approve all financial documents (i.e. requisitions, vouchers, reimbursements, PCards, and journal entries) with consideration to fund availability and budget plan.
• Coordinate year-end closeout of operational budgets.
• Submit service requests to the Finance Operations Center for general ledger accounting, payroll accounting, accounts receivable and billing, purchasing and accounts payable and assist/direct department staff on the procedure as appropriate.

10% Policy Interpretation and Understanding 

• Interpret and apply financial policies to support departmental programming.
• Serve as the information source/point of contact for department staff; assist, advise and train them on accounting policies and procedures related to Chrome River expense reimbursements.

5% Other 

• Work within the larger Shared Services Team in a back-up capacity as needed.
• Continue professional development through attendance of courses, workshops, seminars, and other meetings.

Required Qualifications 

• BA/BS degree with at least four (4) years of professional accounting work experience, or a combination of related education and work experience to equal eight (8) years.
• Proficient in using Microsoft Excel and online reporting tools.
• Demonstrated ability to collaborate well with people from a variety of backgrounds,
  communities, and identities.
• Strong oral, written, and interpersonal skills, and ability to communicate effectively with diverse audiences.
• Excellent organizational skills and ability to prioritize multiple and sometimes competing projects and assignments.
• Commitment to the values of the Morrill Hall Shared Services Team: accountability,
  communication, diversity and inclusion, integrity and respect.

Preferred Qualifications 

• BA/BS with major(s) related to accounting, business or public administration, finance, economics
  or other related field.
• Motivated self-starter with strong attention to detail.
• Experience with U of MN PeopleSoft Financials (EFS).
• Experience with financial reporting, monitoring, analysis, and forecasting.
• Prior experience with planning and implementing budgets.
• Demonstrated knowledge and experience with University financial policies and procedures.

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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