Finance Professional 2 - Clinical Neuroscience Administrative Center
Classification & Title: 8223P2 - Finance Professional 2
Percent Time: 100%
Work Schedule: M-F 8 Hours
Term/Type: 12 Month - Continuous
College: Medical School
Campus: Twin Cities East Bank
This position supports the faculty, department chairs and the Center leadership in pursuit of their academic mission. Under the direction of the Finance Manager, the individual hired will work as part of a team with assigned accounting staff members to coordinate services to assigned departments within the Clinical Neuroscience Administrative Center. Executing these duties requires the ability to effectively partner with faculty and administrative staff.
25% - Research Accounting: Perform grant pre-and post-award activities, which include preparing the budget for submission, rebudgeting requests and no-cost extensions. Monitor spending over the life of the grant; review and approve expenditures; perform budget control and effort reporting. Determine appropriate payroll percentages for labor charging and effort certification, and make changes to faculty distribution allocations, when needed. Prepare monthly reports in ART (an AHC application) and review with Accountant II monthly as well as prepare income/expense forecasts and trend analysis. Meet on a regular basis with supervisors, administrators, principal investigators, and other staff to review financial status and to resolve accounting issues. Monitor accounts receivable. Close grant years, fiscal years, and projects and resolve issues with SPA (Sponsored Projects Administration).
30% - Analysis & Reporting including Non-Sponsored Accounting: Forecasting and analysis of areas of business in the department. Work with faculty/management to develop financial plans. Generate standard reports incorporating accruals and projections.
30% - Departmental Process Coordinator: Coordinate Chart of Accounts for review requests for adherence to University policy and Center standards, activate revenue/expense on chart strings, set up combo codes for payroll, and establish new optional chart fields. Track compliance and resolve issues between unit, college and central administration. Assist with assigned departments' development of the annual budget preparation and entry.
10% - Approver & Effort Certification: Audit and approve financial purchasing and adjusting transactions on all projects within divisions assigned to accounting team. Provide departmental staff information on expenditure requirements and policy. Assist with quarterly effort certification process. Work with faculty to resolve discrepancies and ensure timeliness of reporting.
5% - Actively participate in professional development activities including: Serve as Center expert on assigned policies; serve on Center-wide or University-wide projects; identify and help make improvements to local business processes; actively participate in work team. Attend University financial training or conferences.
*Please note that the University's financial systems require training and demonstrated proficiency before access will be granted to those systems.*
All required qualifications must be documented on application materials.
Bachelor's degree in accounting, finance, or related field with a strong analytical component and 2 years of related experience OR equivalent combination of education and experience to total six years.
Functional knowledge and experience with principles, practices and techniques in fiscal documents in two or more of the following:
compiling information for financial reports;
preparing processing and maintaining payroll documents;
completing complex financial documents (orders, receipts, invoices) and reconciling for accuracy;
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.