<p>Position Overview:</p><p style="margin-bottom:.0001pt;"><span style="font-family:arial,sans-serif;">The Department of Electrical and Computer Engineering (ECE) in the College of Science and Engineering is seeking a finance Professional 3 to join our finance team. We are looking for an enthusiastic and innovative team player ready to join a culture of excellence. </span></p><p style="margin-bottom:.0001pt;"><span style="font-family:arial,sans-serif;">The Finance Professional 3 position will support the department’s mission of education, research and outreach. Toward that end, the successful candidate will be assigned the areas of responsibility and accountability listed below. ECE envisions a person who excels at communication, is detail-oriented, and is interested in efficient and innovative processes; and expects the successful candidate will take advantage of the ample opportunities for professional growth and knowledge acquisition that will be provided. She or he will work closely with the Finance Manager and three other accounting professionals in a collaborative and rewarding setting. </span></p><p>Duties/Responsibilities:</p><p>This position is responsible for interpreting grant and contract policies and regulations, developing financial projections and recommendations, approving financial transactions, analyzing and auditing sponsored and non-sponsored accounts for compliance with financial, legal, and reporting requirements of the sponsor and University. The Finance Professional 3 will serve as an expert resource to faculty and departmental staff on all aspects of university accounting, including sponsored projects, as well as university financial and reporting systems.<br /><br />60% Financial Reporting and Grants Management:<br />Serve as an expert resource to Principal Investigators/faculty to develop financial projections and make adjustments, as needed; meet with PIs as needed, at least monthly, regarding account status; analyze financial activity and prepare monthly financial reports. Communicate and coordinate with faculty and staff from multiple departments, colleges and central units, SPA and SFR, to meet requirements and deadlines. Work with SPA and SFR with project renewals, no-cost extensions, re-budgeting and close-outs.<br /><br />20% Effort and Payroll:<br />Compile and analyze data from a variety of sources to meet Cost Share and Effort guidelines. Review, analyze and reconcile Effort Certification Reports. Provide recommendations to PIs on cost share and effort activities to ensure compliance. Liaison with faculty, research staff and other Departments. Determine and implement best practices to assist faculty and other researchers with effort certification issues and questions. Prepare PI Summer Salary distributions.<br /><br />Approve payroll appointments for HR specialist to enter. Process Historical Salary Adjustments and distribution changes as needed. Assist faculty with payroll related questions including encumbrances, expenditures, and costs for a variety of job classes.<br /><br />15% Research Financial Approver :<br />Act as research department approver for sponsored and non-sponsored research accounts. Evaluate transactions for compliance with financial and regulatory requirements of the sponsor and University. Review and approve purchasing requisitions, vendor payments, including subcontract invoices, journal entries, re-budgeting and adjustment requests. Participate in continuing education on new policies and procedures.<br /><br />5% Other Duties:<br />Serve as backup for other accounting team members as needed. Participate in meetings, training sessions, and special projects as needed to contribute to the development, maintenance, and improvement of the Department and College.</p>
<p>Required Qualifications:</p><ul><li>BA/BS degree (with a major in accounting, business administration, or a related field, preferred) and four years' professional accounting experience, or a combination of related education and professional accounting work experience to total 8 years.</li><li>Accounting experience that includes forecasting, reporting, monitoring, and budgeting.</li><li>Experience using PeopleSoft or similar financial and payroll systems.</li><li>Proficiency with Excel or similar office spreadsheet programs.</li></ul><p>Preferred Qualifications:</p><ul><li>Certified Approver status or the ability to pass the University of Minnesota Certified Approver exam within 6 months of hire.</li><li>Experience with the University of Minnesota Enterprise Financial System.</li><li>Experience with HRMS (Human Resources Management System).</li><li>Experience with sponsored projects (auditing, accounting, or pre- or post-award project administration) in a higher educational setting.</li><li>Accounting experience in a higher education institution with knowledge of administrative policies and procedures, budget analysis, forecasting, reporting and auditing within a large institution. Demonstrated ability to establish and maintain effective working relationships with internal and external organizations, groups, and individuals. Must have excellent communication skills, strong problem-solving abilities, and attention to detail. Demonstrated ability to work independently as well as in a team environment and manage multiple tasks under deadline pressures.</li><li>Demonstrated ability to self-start and take initiative on assignments.</li></ul>
Internal Number: 324224
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.