The Senior Financial Manager provides leadership within Accounting Services - planning, developing, implementing and/or managing operations within the Director's scope of responsibility. The Senior Financial Manager is responsible for multiple areas within the PeopleSoft General Ledger module including journal entry processes including workflow and approvals, internal and external financial reporting, and the integrity of the University's chart of accounts. This position is responsible for the integrity of the financial information residing within the General Ledger module.
Essential Duties and Responsibilities with percentage of time:
25% - Manage a staff of approximately 9 professionals (6 direct reports and 3 secondary reports), including supervising, training, and directing the activities of those who oversee the areas of journal workflow and approvals, chart of accounts, and internal and external financial reporting.
15% - Support the annual external financial audit (Financial Audit, A-133, Financial Aid Programs, Northrop, OAM Agreed Upon Procedures, and NCAA Agreed Upon Procedures) including serving as the liaison between University departments and the external auditors, update year-end procedures document and review financial statements, analyses, schedules and reports.
15% - Work closely with Business Process Owners of the other Enterprise Financial System modules (including Student and HRMS) to plan, implement and monitor the delivery of accurate, timely accounting and financial information.
15% - Assist with the oversight, simplification or redesign of key Accounting Services processes and responsibilities, including policy revision and creation.
10% - Assist with the development and implementation of changes in accounting policies and procedures to ensure compliance with accounting principles and other external regulations, including communicating relevant policies and procedures to departments and colleges.
10% - Review balance sheet reconciliations and oversee the reconciliation process for University accounts to monitor compliance with University policy and ensure accounts are being used properly and are fairly stated.
10% - Perform special projects as assigned by the Director or Controller; or self-initiated projects including special analyses, projects and reports.
Bachelor's or Master's degree in Accounting.
Ten years of financial accounting and reporting experience that demonstrates a substantial knowledge of the entire accounting and reporting cycle.
Five years of supervision of a large professional accounting staff within a large, decentralized organization.
Certified Public Accountant (CPA).
Demonstrates knowledge of current theory and practice in governmental or higher education accounting.
Excellent written and oral communication skills.
Proven leadership, collaboration, and team building skills.
Problem solving and critical thinking skills.
Demonstrates aptitude for working with integrated enterprise system.
Demonstrates ability to work effectively with diverse decentralized customers and constituents.
Excellent technical and analytical accounting skills.
Knowledge of University policy and procedures.
Knowledge of Chart of Accounts structure using PeopleSoft ChartFields.
Knowledge of PeopleSoft Tree structure used for reporting purposes.
Demonstrates proficiency with spreadsheet, database, query and other PC-based analytical tools.
Internal Number: 327435
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.