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    Finance Analyst - Minneapolis, United States - University of Minnesota

    University of Minnesota
    University of Minnesota Minneapolis, United States

    3 weeks ago

    Default job background
    Description
    Job ID

    360135
    Location

    Twin Cities
    Job Family

    Finance
    Full/Part Time

    Full-Time
    Regular/Temporary

    Regular
    Job Code

    9781FG
    Employee Class

    Acad Prof and Admin
    About the Job

    The Finance Analyst is a critical member of the Morrill Hall Shared Services Team (MHSST).

    The Finance Analyst reports directly to the team's Finance Director (CFM) and serves as a member of the MHSST leadership team.

    The Finance Analyst ensures that accurate and timely financial information is provided to unit leadership by gathering, interpreting, and analyzing data from numerous sources; and serves as the Resource Responsibility Center (RRC) manager and the primary budget liaison with the Office of Budget & Finance for the Office for Equity and Diversity.

    This position will be responsible for both sponsored and non-sponsored finance management functions focusing on budgeting, reporting and forecasting, transaction support and approval, and reconciliation.

    This position will serve as a member of the team's grant support and certified approval workgroup.

    This position will primarily work with the Office for Equity and Diversity.

    The Office for Equity and Diversity (OED) is the system-wide office that works with campuses, colleges, units, and departments to create an inclusive environment where all members of the University of Minnesota community can thrive.

    OED units include Disability Resource Center, Equal Opportunity & Title IX, Gender and Sexuality Center for Queer and Trans Life, Multicultural Center for Academic Excellence, Circle of Indigenous Nations (COIN), Office for Conflict Resolution, Office for Supplier Diversity, and Women's Center.

    This is a 100%, 12-month, annually renewable appointment in the academic professional series (classification 9781FG).


    JOB DUTIES:

    Unit Financial Activity Management (50%):
    Lead recurring meetings with department leaders and project partners to review financial outcomes, provide variance to budget analysis, and proactively identify risks and opportunities
    Plan and prepare budget planning, financial modeling and resource allocation strategies of the units
    Consult and train on accounting standards and procedures, internal controls and university policy to managers and administrative staff. Educate others as to the allowability of expenses and best practices
    Review and approve all financial documents (i.e. requisitions, vouchers, reimbursements, Pcards and journal entries) with consideration to fund availability and budget plan
    Oversee monthly activity and forecast annual performance of operational budgets
    Oversee available funding within designated Foundation Funds
    Communicate with supervisor and departmental leadership regarding potential deficits
    Interpret and apply financial policies to support departmental programming
    Disseminate information to units from various University central offices
    Track commitments and analyze various leadership initiative accounts for assigned units
    Coordinate the transfer of funds across the University system to fulfill leadership commitments

    Annual Budget and Compact Process Management (30%):
    In partnership with the CFM, coordinate the complex budget/compact process for OED units.

    This includes meeting with RRC/unit leaders to shape budget submissions, suggest reallocations, interpret the budget/compact instructions and provide financial analysis to inform the budget/compact process.

    Consolidate materials for budget/compact submission to the Office of Budget & Finance and presentation by senior leaders. Review, balance and submit budget development worksheet.
    Coordinate the budget entry process for assigned RRC's

    Interpret budget instructions for units
    Set and monitor internal deadlines
    Review unit budget entry for accuracy and structure
    Develop and balance several unit budgets
    Submit final and balanced RRC budgets to the Office of Budget & Finance.

    Coordinate year-end closeout of operational budgets


    Grant management and support (20%):
    Serve as liaison between project leaders (principal investigators) and the Office of Sponsored Projects Administration (SPA)
    Maintain knowledge of university policy and grant compliance and assist principal investigators with navigation throughout the project lifecycle. This includes budget preparation, proposal submission, project kickoff, and project monitoring
    Coordinate pre-/post-award support for assigned departments in conjunction with PIs
    Coordinate with Finance and HR partners to ensure accuracy of grant activity
    Coordinate with SPA/SFR at major milestones during the life of the grant


    WORK MODE:
    Hybrid


    SALARY RANGE:
    $86,000-$89,000

    Qualifications


    REQUIRED QUALIFICATIONS:
    BA/BS degree with at least 6 years of related experience in finance, accounting, or business
    Strong oral, written, and interpersonal skills, and the ability to communicate effectively with diverse audiences
    Excellent organizational skills and ability to prioritize multiple and sometimes competing projects and assignments
    Demonstrated success in building and maintaining effective working relationships
    Demonstrated record of supporting equity, diversity and inclusion in the workplace
    Documented experience demonstrating discretion, sensitivity, confidentiality and strong judgement

    PREFERRED QUALIFICATIONS:
    Working knowledge of the University's finance policies, procedures, and processes
    Current U of MN employee
    Certified Approver status or willingness to become a Certified Approver within the first year (training provided)
    Proficient in working in EFS (Enterprise Financial System), HRMS (PeopleSoft Human Resources), UM Analytics

    About the Department


    The Morrill Hall Shared Services Team provides finance and HR support to the Office of the Executive Vice President and Provost and its reporting units (Office of Undergraduate Education, Graduate School, Office for Faculty and Academic Affairs, Office of Public Engagement, Institute for Advanced Study, Distributed Learning, Northrop, U Ticketing, and Weisman Art Museum) as well as the Office of the President and its reporting units (Senate Office, Office of Institutional Compliance, Native American Affairs, Government Relations), Office of University Relations, Office for Equity and Diversity, Office for Student Affairs, Office of the General Counsel, and the Office of the Board of Regents.

    Its mission is to deliver finance and HR service excellence to the departments served-accomplished through accountability, best practices, communication, diversity and inclusion, integrity and respect.

    Benefits

    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:
    Competitive wages, paid holidays, and generous time off
    Continuous learning opportunities through professional training and degree-seeking programs supported by the
    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)
    Financial counseling services
    Employee Assistance Program with eight sessions of counseling at no cost
    with free or reduced rates in the Twin Cities metro area
    Please visit the

    for more information regarding benefits.

    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 MUST 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.


    APPLICATION DEADLINE:
    March 25, 2024.
    To request an accommodation during the application process, please e-mail or call

    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:

    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,

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