Acad Prof and Admin
This position is a part of the University Services Finance organization. University Services Finance oversees all financial activities within University Services, a division of the University of Minnesota responsible for campus operations, including Facilities Management, Capital Project Management, Planning, Space and Real Estate, and Auxiliary Services as well as University Health and Safety, Public Safety and the Office of Human Resources. The department is responsible for rate development, capital budgeting, accounts payable/receivable, budgeting, payroll, financial analysis and reporting, legislative reporting, utility accounting (including purchasing strategy, billing, and rate development), project accounting, debt compliance and general problem solving.
The position supports Housing & Residential Life (HRL), Contract Administration (CA), Dining Services and the UCard Office (U Card) within Auxiliary Services, which are primarily self-supporting units with an estimated combined budget of $95M. This position is responsible for oversight of financial operations including supervising finance staff, reporting and analyzing monthly financial results; analyzing account balances and expense projections; interpreting internal and external business issues and recommending solutions and best practices, solving complex problems; and taking a broad perspective to identify solutions.
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.
Duties and Responsibilities:
Fiscal Operations, Oversight, Accounting & Reporting- 50%
* Manage and lead a variety of high level accounting functions including accounts payable, accounts receivable, general ledger, cash controls, purchasing activities and monthly and annual financial reporting functions
* Monitor and analyze non-sponsored revenue, expense and balance sheet accounts; and balance and fund usage for compliance with financial reporting
* Develop financial reports for managers and directors with recommendations regarding account and/or fund balances, budgeting practices and accounting functions
* Review, interpret and apply contractual, university and departmental policies and procedures to daily financial operations and identify areas of concern
* Manage the reconciliation of the subsidiary general ledger system with EFS
* Ensure the integrity of the chart of accounts for both EFS and subsidiary accounting systems is maintained. Research the source or cause of discrepancies
* Develop fiscal procedures to ensure that finance/business related work is completed efficiently and effectively, and that internal controls are maintained
* Manage the financial transactions of CA external partnership agreements and assist the system campus contract staff in understanding financial processes and reports.
* Facilitate training for non-finance staff
Budget Development and Financial Analysis – 15%
* Prepare detailed financial analysis utilizing historical data and recommend a course of action to the finance manager
* Develop financial projections based on trends and business knowledge of operation
* Ensure budget entry into the general ledger and subsidiary ledger
* Develop and maintain financial schedules to support critical analysis and decision making
Supervision – 25%
* Hire, train, supervise, and provide performance feedback to professional finance staff
* Plan, implement, prioritize, assign and direct accounting work for direct reports
* Coordinate training and professional development for direct reports to ensure that staff has the necessary skills to meet/exceed performance expectations.
* Develop and maintains a respectful workplace environment that values and promotes diversity, employee engagement and customer service
* Manage a productive work environment that maximizes the talents of each staff member
Other essential functions – 10%
* Attend department meetings and participate on assigned project teams.
* Attend professional development courses and workshops.
* Demonstrate ethical behavior in conducting all responsibilities in this position.
* Represent the interests of the departments in meetings and on committees.
* Provide support to other University Services departments
* Act a key advisor to management on financial matters.
* BA/BS in accounting/finance or related field plus at least six years of experience
* Strong experience with integrated general ledger database system and operating statements
* Analytical skills including financial projection, assisting with budgeting, and statement preparation
* Strong Excel spreadsheet preparation skills
* Demonstrate excellent attention to detail in both written and verbal communication.
* Supervisory experience
* Experience with University of Minnesota’s accounting and business policies, procedures and software systems
Working at the University
At the University of Minnesota, you’ll find a flexible work environment and supportive colleagues who are interested in lifelong learning. We prioritize work-life balance, allowing you to invest in the future of your career and in your life outside of work.
The University also offers a comprehensive benefits package that includes:
Please visit the for more information regarding benefits.
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 [email protected] 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.
Please note: All employees at the University of Minnesota are required to comply with the University’s Administrative Policy: COVID-19 Vaccination and Safety Protocol by either providing proof of being fully vaccinated on their first day of employment, or complete a request for an exemption for medical exemption or religious reasons. To learn more please visit:
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.