This position will provide accounting support and help with pre-award budgeting for grant proposal preparation/submission to one or more departments in the ALRT Center (Departments include: Anesthesia, Laboratory Medicine and Pathology, Radiology and Radiation Oncology). The position will be responsible for a number of faculty and departmental sponsored and non-sponsored accounts. Job duties include: creating reports, reconciling and forecasting financials using the acceptable tools and working with PIs (Principal Investigators) and 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. This job will also entail working with the ARDL (Advanced Research Diagnostic Lab) Lab in the cost accounting and booking of expenses related to the COVID-19 work.
Non-sponsored/sponsored accounting ALRT - 55%
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.
Ensure proper accounting standards are met
ISO cost accounting – 35%
Work with ARDL Lab to identify costs and proper accounting for COVID-19 work
Split out COVID-19 costs by test (diagnostic vs serology). Work with Mayo to reconcile tests completed and the impact on the State budget.
Understand proper accounting for internal sales related to tests ARDL completes for grant and other University work.
Pre-Award Grant proposal preparation/submission for ALRT, - 5%
Review sponsor instructions, Communicate these to the PI.
Work with the PI to develop proposal budgets (including subrecipients) according to the sponsor's requirements and in proper format.
Submit proposals to SPA. Work with SPA and PI to resolve any issues.
Other Duties - 5%
Represent the ALRT Center on various committees
Other duties as needed to manage accounting function in the department
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 experience or a combination of related education and work experience to equal eight years.
Experience to include financial analysis, creating and maintaining finance reports, and budgeting
Ability to work in a fast-paced environment
Strong organizational and customer service orientation skills
Strong verbal and written communications skills
Proficiency/experience with Microsoft Excel (formulas, pivot tables, vlookup, etc.) and Word
Experience analyzing and reconciling data in multiple systems
Certified approved or certified approved eligible
Ability to establish solid relationships with business partners – Excellent team work skills
Familiarity with University systems such as PeopleSoft HRMS, EFS, UM Reports, ECRT and EGMS.
Ability to proactively identify and resolve complex problems
Ability to organize and direct multiple projects and interrelated financial activities with major operational or funding impact
Ability to anticipate business needs of the PI and/or Center, develop and analyze alternatives, and make recommendations to faculty and unit leaders regarding budgets and financial impact
Ability to take initiative, positive attitude, self starter and willingness to learn and to take on challenges
Strong organizational skills with demonstrated ability to work simultaneously on multiple projects with fixed deadlines and ability to re-prioritize tasks as needed
Strong technical, problem solving and process improvement skills
Analytical skills, ability to gather, organize and present data in a meaningful way
Internal Number: 337423
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.