Finance Professional 2

University of Minnesota; Minneapolis (MN); On-site; USD 61,000 - 64,000; Full time

Benefits offered by this job

Competitive wages and benefits

Paid holidays and generous time off

Low-cost medical, dental and pharmacy

Job summary

The University of Minnesota is seeking a FP2 Finance/Accounting professional to provide financial and accounting support for HRL within Auxiliary Services. You will oversee reconciliation, compliance, and timely reporting, interpreting contract language to determine financial treatment and resolving discrepancies with stakeholders.

This role works under supervision with the Housing & Residential Life Finance Manager and the HRL Financial Analyst, performing tasks independently and contributing

Qualifications

• Bachelor’s degree in Finance, Accounting or related field and two years relevant professional experience or a combination of six years related education and work experience.
• Experience and proficiency using spreadsheets, software systems, and reporting software
• Experience using general ledger financial applications and interpreting financial results.

Responsibilities

• Perform high-level accounting functions; monitor and reconcile accounts, balances and fund usage per financial policies.
• Review general ledger accounts and fund balances, research discrepancies and resolve issues.
• Prepare financial transaction documentation for entry into EFS or other methods, including validation of vendor payments and sales tax reporting.
• Maintain and update internal financial systems, reports, and processes.
• Support purchasing practices and assist staff with UMarket, MyWallet and PO requests.

Skills

Finance

Accounting

GL systems

Communication

Teamwork

Education

Bachelor's degree in Finance or Accounting

Two years experience

Tools

Spreadsheets

General ledger software

Reporting software

Job description

Position Description:

This position provides financial and accounting support for the University of Minnesota Housing & Residential Life (HRL) department of Auxiliary Services. HRL provides on-campus housing for students, faculty, staff and guests in various housing facilities, including: 9 residence halls, 3 apartment complexes, 2 student housing cooperatives, and 53 townhomes. The internal Conference & Event Services unit also provides housing for youth and adult summer conference/camp guests and provides an Off-Campus Housing Listing Service as a resource for students interested in living off-campus. Each of these functions generate revenue which helps keep academic rates lower for all University of Minnesota students.

The FP2 position supports these departments by overseeing the financial accuracy and integrity of operational transactions.

The position will be responsible for ensuring proper reconciliation, compliance with financial policies, and timely reporting.

The successful candidate will interpret contract and policy language to evaluate the appropriate financial treatment of activities, identify discrepancies or trends, and partner with stakeholders to resolve issues and enhance process efficiency.

This role requires the ability to apply existing financial frameworks to evolving business needs and contribute insights that support informed decision-making.

This position works under general supervision from the Housing & Residential Life Finance Manager and in partnership with the HRL Financial Analyst, completing tasks independently, using personal judgement to research and resolve issues or elevate for assistance where necessary.

University Services Finance endorses a "work with flexibility" approach. Work location options for this position include working partially remote or entirely in the office and are based on the work of the position.

Please note, this position is not eligible for H-1B or Green Card sponsorship. This position does not offer a STEM OPT training program.

Duties and Responsibilities:

Accounting and Financial Support – 50%

• Perform a variety of high-level accounting functions. Monitor and reconcile accounts, balances and fund usage in accordance with financial policies.
• Review general ledger accounts and fund balances, research discrepancies and resolve accounting issues.
• Prepare financial transaction documentation for entry into EFS or other submission methods, including validation of vendor payments, customer billing, and sales tax reporting.
• Maintain and update internal financial systems, reports, and processes.
• Work with operational staff on best purchasing practices and processes, including supporting new staff with UMarket, MyWallet and purchase order request resourcess.
• Serve as point of contact for vendors, contractors, and customers for financial/accounting inquiries.

Financial Reporting and Analysis – 25%

• Assist with the analysis and reporting of non-sponsored revenue, expense, and balance sheet accounts by gathering data, reviewing for accuracy, and highlighting areas of concern for
• Financial Analyst review. Contribute to the preparation of financial analyses by compiling historical data and assisting in the development of actionable insights.
• Assist in preparing monthly operating statements; identify and document significant budget variances or emerging trends in coordination with the Financial Analyst.
• Support transaction research, prepare draft journal entries, and contribute explanatory notes for financial reports.
• Maintain and update internal reports for use by Operations partners.
• Other ad hoc reporting and analysis as assigned.

Annual Budgets, Month-End and Year-End Close – 15%

• Assist with preparing financial projections for current years and in development of annual budgets.
• Review GL balances and transactions to ensure transactions are recorded in accordance with budget and financial reporting needs. Reclassify transactions as needed.
• Assist with reconciliations between unit systems and University Enterprise Financial System for campus currency balances.

Other essential functions – 10%

• Attend department meetings and participate in assigned project teams.
• Offer suggestions for process improvements and assist in documenting and implementing approved changes to departmental procedures.
• Provide back-up support to University Services Finance team members and other Shared Service departments, as necessary.
• Other duties as assigned.

Qualifications

Minimum Qualifications: (Knowledge, skills, and abilities)

• Bachelor’s degree in Finance, Accounting or related field and two years relevant professional experience or a combination of six years related education and work experience.
• Experience and proficiency using spreadsheets, software systems, and reporting software
• Experience using general ledger financial applications and interpreting financial results.
• Excellent communication skills, strong problem-solving abilities with attention to detail.
• Demonstrated ability to establish and maintain effective working relationships with internal and external organizations, groups, team leaders and members and individuals.
• Ability to work both independently and as part of a team.

Preferred Qualifications: (Knowledge, skills, and abilities)

• Bachelor’s degree in Finance or Accounting and four or more years of relevant financial experience
• Experience with University of Minnesota policies, procedures, and accounting systems
• Demonstrated working knowledge of accounts receivable, accounts payable, general ledger, budgeting, forecasting, cost and project accounting
• Experience with University of Minnesota’s accounting and business procedures and software systems (EFS - Enterprise Financial System, NetSuite, Jaggaer, or iSeries platforms).
• Experience with fund accounting or multi-entity accounting is preferred but not required.
• Demonstrated ability to interpret, present, and analyze information and ideas clearly and accurately in writing, verbally and by preparation of reports and other materials.
• Demonstrated ability to self-start and take initiative on assignments.
• Strong organizational skills with demonstrated ability to use good judgment in prioritizing multiple requests made while meeting deadline objectives.

About the Department

The position is within University Services Finance which oversees all financial activities within University Services, a division of the University of Minnesota responsible for campus operations, including Facilities Management, Capital Project Management, Health and Safety, Planning, Space and Real Estate, Public Safety, and Auxiliary Services. The finance department is responsible for rate development, capital budgeting, accounts payable/receivable, general budgeting, payroll, financial analysis and reporting, legislative reporting, utility accounting, project accounting, debt compliance and general problem solving.

Pay and Benefits

Pay Range: $29.33 to $30.77 a hour; depending on education/qualifications/experience

Time Appointment: 100% Appointment

Position Type: Civil-Service & Non-Faculty Labor Represented Staff

The University offers a comprehensive benefits package that includes:

• Competitive wages, paid holidays, and generous time off
• Low-cost medical, dental, and pharmacy plans
• Healthcare and dependent care flexible spending accounts
• University HSA contributions
• Disability and employer-paid life insurance
• Excellent retirement plans with employer contribution
• Employee Assistance Program with eight sessions of counseling at no cost

While our salary ranges provide a framework, it is important to note that most of the time, the initial pay may not reach the maximum of the range. This approach ensures that compensation reflects the value and unique contributions of each candidate while maintaining equity within our organization. As part of our commitment to fair and equitable compensation, please be aware that the salary offered to incoming candidates will be based on their individual credentials and experience.

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

Employment Requirements

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 University of Minnesota

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 Forbes as a Best Employer for Company Culture (2026), Best Employer for Women (2023, 2025, 2026), and Best Employer by State (2022-2026). In 2026, we also received Culture Excellence & Industry Awards recognition for employee appreciation and work-life flexibility.