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.
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
Non-sponsored accounting • 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.
Reporting • 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
Effort Certification • 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
Other Duties • Duties could include GME/Contract billing • ISO cost accounting • Adhoc reports • Other duties as needed to manage accounting function in the department
Committees • 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
· Student loan forgiveness opportunity
· Opportunities for growth and promotion
· Employee Assistance Program
For more information regarding benefits: https://humanresources.umn.edu/sites/humanresources.umn.edu/files/2019_tcd-cslr-75100-ben-0105-7_1.pdf
All required qualifications must be documented on application materials.
Required: • 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.
Preferred: • 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: 331071
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.