Sponsored Award Accountant (Finance Professional 2)

University of Minnesota; Minneapolis (MN); On-site; USD 60,000 - 75,000; Full time

Job summary

Join a dynamic team at a leading public research university, where your financial expertise will support faculty and Principal Investigators in achieving their goals. In this full-time role, you will monitor grant spending, ensure compliance with financial regulations, and prepare insightful reports. This position offers a unique opportunity to engage with diverse projects and contribute to the academic mission of the university. Enjoy a comprehensive benefits package and the chance to grow in a supportive environment that values diversity and inclusion. If you are detail-oriented and passionate about finance, this is the perfect opportunity for you.

Benefits

Competitive wages

Paid holidays

Generous time off

Low-cost medical plans

Dental plans

Flexible spending accounts

Disability insurance

Employee wellbeing program

Retirement plans

Public Service Loan Forgiveness opportunity

Qualifications

• Bachelor's degree in accounting, finance, or related field required.
• 2 years of related experience or equivalent education and experience.
• Experience with financial transactions and payroll documents.

Responsibilities

• Monitor spending and approve expenditures for grants.
• Prepare monthly reports and assist with budget preparation.
• Serve as Center expert on assigned policies and projects.

Skills

Analytical Skills

Financial Reporting

Attention to Detail

Customer Service

Education

Bachelor's degree in Accounting

Bachelor's degree in Finance

Tools

Microsoft Word

Microsoft Excel

PeopleSoft

Enterprise Financial Systems

Electronic Grants Management System

Effort Certification System

Job description

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Job ID

367403

Location

Twin Cities

Job Family

Finance

Full/Part Time

Full-Time

Regular/Temporary

Regular

Job Code

8222GR

Employee Class

Civil Service

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About the Job

This position is part of team supporting the financial needs of faculty and Principal Investigators (PIs) across the Clinical Neuroscience Administrative Center.Under the direction of senior accountants and through standard operating procedures, the individual hired will be responsible for monitoring, approving, and compiling transaction information on a variety of sponsored and non-sponsored chartstrings.They will also provide support for PIs to ensure financial compliance with sponsor terms, University/departmental policy, and federal regulations.

Job Duties/Responsibilities:
75% - Sponsored Project Accounting
* Monitor spending over the life of each grant; review and approve expenditures; perform budget control and effort reporting.
* Meet on a regular basis with faculty, staff, and senior accountants to review financial status and resolve accounting issues.
* Prepare monthly reports, income/expense forecasts, and trend analysis to review with senior accountant.
* Assist with effort certification process.
* Make changes to faculty and staff payroll distributions.
* Fulfill re-budgeting and no-cost extension requests.

15% - General Accounting
* Coordinate Chart of Accounts for review requests for adherence to University policy and Center standards, activate revenue/expense on chart strings, set up combo codes for payroll, and establish new optional chart fields.
* Track compliance and resolve issues between unit, college and central administration.
* Assist with assigned departments' development of the annual budget preparation and entry. Audit and approve financial purchasing and adjusting transactions for assigned departmental chartstrings.
* Forecasting and analysis of business areas in the department.
* Work with faculty/management to develop financial plans.

10% - Other Activities
* Serve as Center expert on assigned policies.
* Serve on Center-wide or University-wide projects.
* Identify and help make improvements to local business processes; actively participate in work team.
* Attend University financial training or conferences.

Qualifications

All required qualifications must be included in the application materials

Required Qualifications:
* Bachelor's degree in accounting, finance, or related field with a strong analytical component and 2 years of related experience OR equivalent combination of education and experience to total six years.
* Experience with Microsoft Word and Excel
* Functional knowledge and experience with principles, practices and techniques in two or more of the following:
* compiling information for financial reports;
* approving financial transactions;
*preparing processing and maintaining payroll documents;
* completing complex financial documents (orders, receipts, invoices) and reconciling for accuracy;
* performing accounts receivable and/or accounts payable functions.

Preferred Qualifications:
* Experience performing successfully in a position that requires strong attention to detail and the ability to handle high volume transactions.
* Experience with University financial systems, HRMS (PeopleSoft), EFS (Enterprise Financial Systems), EGMS (Electronic Grants Management System) and ECRT (effort certification system). Experience organizing multiple projects and interrelated Financial activities.
* Experience interpreting, presenting and analyzing information and ideas clearly and accurately in writing, verbally and by preparation of reports and other materials to faculty, staff and students. Experience making educated, independent decisions during the course of assigned work duties. Experience as a contributing member of a team.
* Experience consistently meeting deadlines in a fast-paced environment. Customer service experience.
* Knowledge of terms and conditions for sponsored projects.

Pay and Benefits

Pay Range: $60,000-$75,000; depending on education/qualifications/experience

Time Appointment: 100% Appointment

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

Please visit the Office of Human Resources website for more information regarding benefit eligibility.

The University offers a comprehensive benefits package that includes:

• Competitive wages, paid holidays, and generous time off
• Continuous learning opportunities through professional training and degree-seeking programs supported by the Regents Tuition Benefit Program
• Low-cost medical, dental, and pharmacy plans
• Healthcare and dependent care flexible spending accounts
• University HSA contributions
• Disability and employer-paid life insurance
• Employee wellbeing program
• Excellent retirement plans with employer contribution
• Public Service Loan Forgiveness (PSLF) opportunity
• Financial counseling services
• Employee Assistance Program with eight sessions of counseling at no cost
• Employee Transit Pass with free or reduced rates in the Twin Cities metro area

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 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 [e-mail] or call [phone].

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 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.

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).