This position in the Department of Medicine is an integral component to the accounting team of the Medicine Administrative Center.
40% Research Accounting
Financial expert over entire life of a grant from proposal to closure. Responsibilities include: -Establishing a grant budget -Determining appropriate payroll percentages for labor charging and effort certification -Auditing and approving expenditures against grant -Developing financial projections and working with project investigators to research the source and cause of discrepancies in accounting systems -Assist with renewals and closeout of projects
35% Budget Analysis & Reporting
Forecasting and analysis of areas of business in the department. Develop all funds picture which would include clinical, non-sponsored, philanthropic, and sponsored activities. Work with faculty/management to develop financial plans.
15% Certified Approver & Effort Certification
Audit and approve expenditures on sponsored research projects. Interpret grant and contract regulations and their relation to University accounting procedures, identifies areas of concern and recommends solutions. Provide departmental expertise on expenditure requirements and policy. Coordinate the effort certification process. Review effort statements and work with faculty to resolve discrepancies.
10% Process Improvements & Miscellaneous Analysis
Be a departmental representative on Medical School, AHC and central committees. Provide data and recommendations to managers regarding account and/or fund balances, budgeting practices and accounting functions. Coordinate activities with project leaders, financial staff, and outside agencies.
All required qualifications must be documented on application materials
BA/BS plus at least four years of professional work experience or a combination of related education and work experience to equal eight years.
Prior experience with financial reporting and analyses.
Proficiency with Excel.
Demonstrated ability to work effectively in informal and formal teaming arrangements.
Preferred Qualifications: • Certified approver or equivalent experience and training • Project accounting, preferably with sponsored research accounting • Experience with the University of Minnesota financial management information systems and EFS Peoplesoft accounting system, or accounting or fiscal experience in a public, comprehensive higher education institution with considerable knowledge of administrative policies and procedures typical of a public institution of higher education • Fund accounting skills • Demonstrated ability to interpret and present and analyze information and ideas clearly and accurately in writing, verbally and by preparation of reports and other materials • Demonstrated ability to establish and maintain effective working relationships with internal and external organizations, groups, team leaders and members and individuals • Strong organizational skills with demonstrated ability to use good judgment in prioritizing multiple requests made at times by persons with competing interests
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.