Job Description:

Job information Sr. Finance Specialist from the Company University of Minnesota, this latest Sr. Finance Specialist job vacancy is located in the city Hybrid remote in Minneapolis, MN located in the country United States . This latest job opening is open to job seekers who have the latest education / graduate Master Degree . Job Vacancies in this Finance field have been opened and published up to the specified time.

Job Responsibility:

Required Qualifications (please document on the resume):

• BA/BS degree with major(s) related to accounting, business or public administration, finance, economics or other related field with at least two (2) years of professional Financial Planning & Analysis work experience, OR a combination of related education and work experience to equal six (6) years.
• Proficient in using Microsoft Excel and online reporting tools.
• Demonstrated ability to collaborate well with people from a variety of backgrounds, communities, and identities.
• Demonstrated ability to interpret, present and analyze information and ideas clearly and accurately in writing, verbally and by preparation of reports and other materials.
• Motivated self-starter with strong attention to detail.
• Strong organizational skills with demonstrated ability to use good judgment in prioritizing multiple requests made at times by persons with competing interests.

Hybrid Work Environment

The University of Minnesota is seeking a highly motivated and organized Sr. Finance Specialist to support the University Finance organization, which includes the Assistant VP of Finance, Controller's Office, and other central finance units.

The Sr. Finance Specialist position is an integral member of the University Finance support team. This position will be responsible for finance management functions that focus on budgeting, reporting and forecasting, transaction support and approval, and reconciliation for assigned units. As the Sr. Finance Specialist supporting University Finance, you will act as a trusted advisor to senior leaders and managers by providing guidance on both routine and complex financial matters. This position contributes to process improvements for budget development, ongoing reporting, and other important initiatives and projects. Reports to and frequently partners with the Chief Financial Manager (CFM) on strategic initiatives.

Ideal candidates demonstrate a strong understanding of financial planning & analysis methodologies, communication styles, and strategic thinking. Strong attention to detail, the ability to interact with internal customers with diverse levels of financial knowledge, tact and diplomacy, and a well-developed sense of prioritization are essential to being successful in this role.

Salary Range: Between $71,000 and $80,000, depending on qualifications. Much of this position may be performed remotely while specific tasks and some meetings will require on-campus presence.

We Offer:

• Opportunity for growth through an environment that supports professional development.
• MN State Retirement System (MSRS) pension plan - tax-deferred.
• 13 paid vacation days per year (starting accrual rate), in addition to 13 paid sick days and 11 paid holidays.
• Reduced tuition opportunities covering 75% - 100% of eligible tuition.
• Excellent and affordable health care benefits.
• Wellness program with the opportunity to earn lower health care rates.
• Annual merit increase program.

Responsibilities include but are not limited to:

• The Employer retains the right to change or assign other duties to this position.

40% Clustered Finance Administration & Operations

• Primary support for financial transactions, including journal entries - year-end, transfers, and budget adjustments; Purchasing Card reconciliation; departmental deposits; Support all units with transaction research, follow up, and policy guidance.
• Review and approve all financial documents (i.e. requisitions, vouchers, reimbursements, PCards, and journal entries) with consideration to fund availability and budget plan.
• Serve as the information source/point of contact for department staff; assist, advise and train them on accounting policies and procedures related to purchasing, procurement cards, contract for professional services, travel expense reimbursements, and vouchers.

40% Financial Planning and Analysis

• Assist the Chief Financial Manager with expense and revenue forecasting throughout the fiscal year, including but not limited to:
  • Maintain, improve, or create reporting files that support the budgeting process.
  • Meet with Unit Directors to discuss annual budget needs and changes.
  • Analyze budgets and financial information for historical trends and current business needs; Make recommendations based on data.
  • Develop annual Preliminary Budget Development Worksheet and Detailed Budget models in conjunction with departmental leadership.
  • Complete budget entry in PeopleSoft.
• Create quarterly financial reports for management and meet with Unit Directors to discuss projections and trends within reports versus budget.
• Facilitate conversations and provide guidance to unit leadership regarding financial position and potential funding needs.
• Analyze financial data for anomalies, identify gaps in revenue and/or expenses, investigate and recommend solutions.
• Coordinate year-end closeout of operational budgets.
• Reconcile resources and expenses to the ledger, audit for errors, investigate discrepancies, and request correcting journal entries.
• Monitor transactions for compliance and correct use of account strings.
• Ensure policies and procedures are followed for all transactions.
• Recommend process changes based on individual unit practices. Work with staff and management to communicate policy and procedures and recommend changes as necessary to improve on efficiencies or cut costs.

10% Strategic Project Support

• Support the Chief Financial Manager with strategic projects for University Finance. Duties may include research, analysis, presentation preparation, and process implementation.

10% Administrative Support

• Receive and sort mail for the Controller's Office.
• Invoice printing and mailing for the Accounts Receivable department.
• Review and manage the Delegations of Authority system.
• Act as primary Department Facility Representative (DFR).
• Other duties as assigned.

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 Job Applications" page and uploading documents in the "My Cover Letters and Attachments" section.

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

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

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.

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.

At the University of Minnesota, we are proud to be recognized by the Star Tribune as a Top Workplace for 2021, as well as by Forbes as Best Employers for Women and one of America's Best Employers (2015, 2018, 2019, 2023), Best Employer for Diversity (2019, 2020), Best Employer for New Grads (2018, 2019), and Best Employer by State (2019, 2022).

Keywords : Minneapolis jobs

Closed Date : 2024-08-04