Finance Professional 3

Qualifications

Required Qualifications (must be documented on application/resume):

Bachelor’s Degree in accounting and four years of professional accounting experience or an equivalent combination of education and experience to total eight years.

Demonstarted/documented knowledge of generally accepted accounting practices and principles.

Preferred Qualifications:
Knowledge of public institutional accounting and finance.

Knowledge of governmental policy and regulations regarding spending of research and training funds.

Experience with Electronic Grants Management, and Effort Certification is also preferred.

Ability to stay current with up-to-date changes.

Knowledge of University systems such as PeopleSoft Enterprise Financial System, and PeopleSoft HRMS.

Certified Approver Status at the U of M.

Ability to use personal computer and software programs such as Excel, Adobe Acrobat and Word.

Able to use ten-key calculator, variety of printers, copiers, fax machines and other equipment required in a general office setting.

About the Job

Provide primary accounting support for entire life-cycle of assigned sponsored projects. Analyze and identify projected budget and revenue shortfalls, personnel commitments, pending fixed-price transfers, and other grant related issues. Advise principal investigators (PI) regarding issues, explain financial policies and recommend solutions to problems. Complete budget revisions for reduced awards. Research and gather data for faculty needing bridge support and impact of personnel layoffs. Coordinate close-out of projects.

Coordinate with PI and staff, submission of sponsored applications to SPA by deadlines. Complete budgets and other sponsoring agency forms for proposals. Prepare and process Proposal Routing Forms.

Audit, approve and process financial documents ensuring compliance with policies. Process HRMS payroll distributions and historical salary corrections.

Audit subcontract expenditures and approve invoices.

Forecast annual direct and indirect expenditures; project annual academic salary savings. Prepare grant financial status reports including award amounts, transfers, carry-over, expenditures, personnel detail and projected commitments for PIs.

Reconcile and maintain University general ledger ensuring that financial transactions meet all university, federal Uniform Guidance and sponsor guidelines. Investigate discrepancies and correct. Process journal entries and rebudget between expenditure categories. Maintain collegiate files for project awards with supporting documentation and grant correspondence.

Identify and record faculty and staff with percent effort to certify, including mandatory cost-sharing.

Serve as liaison with the University’s Sponsored Projects Administration (SPA) and Sponsored Financial Reporting (SFR) in meeting policy guidelines and procedures for grant applications and awarded projects. Audit and recommend changes to SFR’s grant year-end reports. Reconcile SFR prepared agency invoices.

Serve as accountant for research non-sponsored accounts. Enter annual budget plan, complete journal vouchers and year-end closings

Monitor the OHCRC checking account.

Order supplies for the Grants Management Unit.

About the Department

This collegiate position is the primary accountant for a variety of sponsored projects and is responsible for administering the financial and budgeting requirements for sponsored federal and non-federal research grants and contracts including NIH R01, R03, R21 awards, subcontracts, fixed-price industry contracts, and cost-reimbursable foundation awards. This position is responsible assessing the risk of financial transactions and for ensuring the financial success of assigned sponsored programs.

How To Apply

Applications must be submitted online. To be considered for this position, please click the Apply button and follow the instructions. You will be given the opportunity to complete an online application for the position and attach a cover letter and resume.

Additional documents may be attached after application by accessing your “My Activities” page and uploading documents there.

To request an accommodation during the application process, please e-mail employ@umn.edu or call (612) 624-UOHR (8647).

Diversity

The University recognizes and values the importance of diversity and inclusion in enriching the employment experience of its employees and in supporting the academic mission. The University is committed to attracting and retaining employees with varying identities and backgrounds.

The University of Minnesota provides equal access to and opportunity in its programs, facilities, and employment without regard to race, color, creed, religion, national origin, gender, age, marital status, disability, public assistance status, veteran status, sexual orientation, gender identity, or gender expression. To learn more about diversity at the U: http://diversity.umn.edu.

Background Check Information

Any offer of employment is contingent upon the successful completion of a background check. Our presumption is that prospective employees are eligible to work here. Criminal convictions do not automatically disqualify finalists from employment.

About the U of M

The University of Minnesota, Twin Cities (UMTC)

The University of Minnesota, Twin Cities (UMTC), is among the largest public research universities in the country, offering undergraduate, graduate, and professional students a multitude of opportunities for study and research. Located at the heart of one of the nation’s most vibrant, diverse metropolitan communities, students on the campuses in Minneapolis and St. Paul benefit from extensive partnerships with world-renowned health centers, international corporations, government agencies, and arts, nonprofit, and public service organizations.