The School of Dentistry seeks candidates for a full-time financial professional position in the School of Dentistry. The financial professional within the School of Dentistry support the financial management and analytical requirements related to the teaching, research, service and outreach missions for the School of Dentistry and the University of Minnesota. This position will manage revenue and expenses related to tuition& fees, clinical patient care, gifts and endowment, internal and external sales, ICR, affiliation contracts and grants.
Reconciliation, Monitoring & Analysis Budgeting and Financial Oversight (55%)
Research, reconcile and analyze complex financial activity of the department. Reconcile the subsidiary ledger activity to the University general ledger. Work closely with various managers, directors, PI’s and dean’s office, to analyze and prepare performance management analysis to identify trends, forecasting, monitoring accounts receivable while utilizing University’s protocols and accounting (GASB) to solve complex problems.
Prepare and monitor, forecast and manage non-sponsored budgets. Includes auditing, approving, and denying financial transition to insure policies and procedures are meeting the University’s protocol. Includes working with managers on comparisons and analyses for specific areas to include student fees, supplies, staffing, external and internal sales and other expenditures and revenues.
Financial Reporting and Analyzes (35%)
Prepare and provide comprehensive financial reports, projections, and analyses for the Department. Financial reporting will consist of request from the Departmental chair/Division heads, CFO, Financial Director, and /or central constituents. Resolve complex financial and accounting issues as identified during reconciliation and analyzes. Prepare Profit loss statements and financial plan for future business opportunities.
Provide strategic planning, proposals, set and track benchmarking data for the department’s performance to include strategies/initiatives/directives set by SOD leadership to provide robust analysis.
Other duties as assigned (10%) Prepare, Assist, Plan, coordinate budgeting, month-end, year-end closing and day to day accounting functions and requirements and preparations of contracts and billing. Make recommendation, and assist leadership with decisions for efficiency and effectiveness to resolve issues and conflicts. Identify risk and opportunities within area being analyzed. Other duties as assigned.
All required qualifications must be documented on application materials.
Required Qualifications: • Bachelor's Degree in accounting plus at least 4 years of professional accounting work experience or an equivalent combination of related education and professional accounting experience totaling 8 years. • Experience with MS Word and Excel, or other similar programs.
Preferred Qualifications: • Preferred Master Degree • Experience with U of M PS/EFS accounting system. • Experience with non-sponsored program accounting procedures. (sponsored knowledge is a plus) • Advanced Technical and Problem solving – understanding accounting functions and requirements. Able to reconcile complex reports and challenge potential issues based on knowledge of GASB, University and collegiate policies and procedures. • Collaborative and Interpersonal skills - develops successful partnerships with faculty, staff, administrative management in the departments and dean’s office and other constituents on campus. • Oral and Written Communication - possess excellent communication skills when dealing with faculty, staff, colleagues and external customers. Ability to interpret and explain University financial policies. • Professionalism and Time Management - uses time wisely to accomplish work duties. Displays good organization and prioritization skills. • Experience with Accounts Receivable and billing in a Higher Education, clinical or hospital setting.
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.