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    Finance Professional 2 - Minneapolis, United States - University of Minnesota

    University of Minnesota
    University of Minnesota Minneapolis, United States

    3 weeks ago

    Default job background
    Description
    Job ID

    360846
    Location

    Twin Cities
    Job Family

    Finance
    Full/Part Time

    Full-Time
    Regular/Temporary

    Regular
    Job Code

    8222FN
    Employee Class

    Civil Service
    About the Job

    Description of Position

    This position provides financial and accounting support for University of Minnesota construction projects managed by Capital Project Management and UConstruction Facilities Management.

    This includes project set up and closeout, capitalization of assets and buildings, reconciliation of subsidiary systems to the general ledger, and providing customer service and reporting for various customers.

    Project Accounting (60%)
    Set up projects in Tririga and Peoplesoft.

    Determine correct accounting codes, proper account transfers, and accuracy of charges. Process fund transfers in the University general ledger, ensuring that funding is available and appropriate for project use. Determine capitalization components of projects.

    Reconcile project costs in subsidiary systems to general ledger, analyzing discrepancies, determining the validity of transactions, and making necessary corrections.

    Close out projects in a timely manner upon completion. Follow up with Project Managers to resolve deficits or determine a plan for resolution. Respond to staff and customer requests for project accounting information.

    Review all construction project spending activity to ensure projects are properly being capitalized and project account strings no longer needed are being timely inactivated in the University General Ledger.


    Responsible for reviewing closed construction project account strings for additional activity; ensure any residual transactions on these account strings are accounted for properly and fund balances are correct for these projects.

    Manage the work of Project Accounting student.

    Interface Processing and Reconciliation (20%)

    Manage system interfaces between subsidiary project management systems and the University general ledger, reconciling differences between the systems determining the validity of transactions and making necessary corrections.


    Manage Building Codes permit, Classroom and Network technology expenses are accurately recorded on Capital Projects and reconciled to the general ledger.

    Reporting and Analysis (10%)
    Prepare and analyze project reports, review project accounts for spending and accuracy of data. Analyze financial information in the subsidiary and general ledger systems. Produce ad hoc reports as needed for Project Managers, AVPs, Directors, central accounting, and other customers. Other reporting and analysis as needed to meet departmental objectives. Prepare and submit the annual pollution remediation reporting.

    Grants Project Support (10%)

    Serve as Project Accountant for grant projects, managing finances for sponsored projects to include accounting, reconciliations, auditing and approving or denying expenditures based on requirements.

    Guide Project Managers and work with clients funding the project on university process and policy to ensure accurate and timely submission of authorized capital project expenses using Grant funding.

    Qualifications

    Required Qualifications

    • Bachelor's degree in Finance, Accounting or related field
    • Two years professional accounting, finance, or related 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, both verbal & written
    • Demonstrated ability to provide strong customer support
    Preferred Qualifications

    • Four or more years of accounting 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
    Knowledge, Skills and Abilities

    • 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.
    • 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.
    • Excellent communication skills, strong problem-solving abilities with attention to detail.
    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
    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 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 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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