This position will provide accounting support to one or more departments in the A.L.R.T. Center (Departments include: Anesthesia, Laboratory Medicine and Pathology, Radiology and Radiation Oncology). The position will be responsible for a number of faculty portfolios – both sponsored and non-sponsored accounts. They may also be responsible for the departmental accounts (non-sponsored). Job duties include: creating reports, reconciling and forecasting financials using the acceptable tools and working with PIs (Principal Investigators) and departmental administrators to identifying financial opportunities or resolve funding issues. The position requires in-depth knowledge of accounting principles for research and departmental accounts and University policy, procedures and guidelines.
Duties and Responsibilities:
Research/Contract accounting support and analysis
Provide financial support to PI over life of the grant or contract
Partner with the PI to develop budget and establish accounts within the system
Monitor spending, including labor distribution
Forecast future spending and proactively communicate potential deficits and recommend resolutions when necessary
Work with SPA and SFR on set up and closeout of grants.Ensure grants are closed out properly
Communicate monthly with PIs to review salary distributions, supply orders, and perform short and long term planning with PIs to assist their individual grants and labs as a whole
Reconcile chart strings and analyze monthly financial results for reasonableness
Forecast results for remaining year
Identify and communicate potential deficits and work with Supervisor/Faculty/Administration to resolve
Establish annual budgets within Dean’s Office guidelines and meet deadlines for entering into the University budgeting system
Reconciles and budgets for the ALRT departmental accounts along with PI non-sponsored accounts.
Assist PIs with ISO/ESO accounting to include pricing when needed to ensure accurate cost recovery of work within the laboratory.Provide annual budgets.
Provide comprehensive, global financial reports, projections and budgets for projects, faculty, divisions or departments.
Identify risks and opportunities within the reporting area being analyzed
Adhoc reporting may also be required
Certified Approver (or in process – expected to achieve this)
Review expenses according to the certified approver grid
Ensure proper accounting standards are met
Maintain database on grant effort
Audit and oversight of effort statements in regards to commitments, salary cap issues and timely processing
Assist PIs in certifying using the ECRT system
Meet effort certification deadlines
Duties could include GME/Contract billing
ISO cost accounting
Other duties as needed to manage accounting function in the department
Represent the ALRT Center and department on various committees
The University of Minnesota offers a comprehensive benefits package including:
Competitive wages, paid holidays, vacation and sick leave
Low cost medical, dental, and pharmacy plans
Health care and dependent daycare flexible spending accounts
Excellent retirement plans with employer match
Disability and employer paid life insurance
Wellbeing program with reduced insurance premiums
Tuition reimbursement opportunities covering 75%-100% of eligible tuition
All required qualifications must be documented on application materials.
BA/BS plus at least 4 years of professional accounting, work experience or a combination or related education and work experience to equal 8 years.
Previous experiences as a grant accountant
Experience as a certified approver or ability to obtain certified approver certificate
Strong technical, problem solving and process improvement skills
Analysis skills, ability to gather, organize and present data in a meaningful way
Strong oral and written communications skills
Ability to establish solid relationships with business partners – Excellent team work skills
Ability to take initiative, positive attitude, self starter
Task oriented individual with strong organizational, detail and time management skills
Internal Number: 325253
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.