Fin Anlst 1-Fin Gnrlst
Company: University of Minnesota
Location: Minneapolis
Posted on: January 27, 2023
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Job Description:
Apply for JobJob ID353256
LocationTwin Cities
Job FamilyFinance
Full/Part TimeFull-Time
Regular/TemporaryRegular
Job Code9781FG
Employee ClassAcad Prof and Admin
Add to Favorite JobsEmail this JobAbout the Job
Summary of Position:
This position will specifically support the Institute on the
Biology of Aging and Metabolism (iBAM) a Medical School Medical
Discovery Team in the Department of Biochemistry, Molecular Biology
and Biophysics (BMBB), part of the University of Minnesota Medical
School.
As a Financial Analyst for the Institute on the Biology of Aging
and Metabolism (iBAM), and part of the Biogen Administrative Center
Finance Team, this position will be responsible for financial
management of sponsored and non-sponsored accounts from post-award
to close-out. This includes financial reporting, budgeting,
balancing, reconciliation, monitoring and analysis, effort
certification, maintaining financial records, problem
identification and resolution, financial transaction audit and
financial transaction approval. Ensuring policy compliance with
regards to funding agencies and U of MN policies and procedures is
critical.
Job Duties and Responsibilities:
50% Budget Analysis & Reporting
Provide comprehensive, global financial reports, projections, and
budgets for the Institute on the Biology of Aging and Metabolism.
These are reported at a certain time intervals and identify risks
and opportunities within the area being analyzed. Ad hoc reporting
will be required. Work with faculty/management to develop financial
plans. This includes developing the annual budget and management
and monthly reporting of multiple core facilities housed in iBAM to
assist the leadership team in making decisions regarding the
operations of the Institute.
25% Research Accounting
Financial expert over the entire life of grants from setup to
closeout. Assist with establishing a grant budget at proposal
submission and for process reports. Determine appropriate payroll
percentages for labor charging and effort certification. Audit and
approve expenditures against grants and proactively communicate
potential deficits. Develop financial projections and work with
project investigators to research the source and cause of
discrepancies in accounting systems. Recommend solutions to funding
concerns or other complex problems. Assist with renewals and
closeout of projects.
10% Communication & Relationship Management
Build, foster and maintain positive professional relationships with
the Institute faculty and staff. Facilitate the resolution of
complicated financial transactions. Partner with the Institute
administrator on managing the finances for the Institute. Ensure
the Institute leadership is informed of the financial status of
their faculty and the daily activities taking place.
10% Transaction Approval & Effort Certification
Audit and approve expenditures as a departmental approver as well
as a certified approver on sponsored research projects and
non-sponsored funding. Interpret grant and contract regulations and
their relation to University accounting procedures, identifies
areas of concern and recommends solutions. Provide departmental
expertise on expenditure requirements and policy. Coordinate the
effort certification process. Review effort statements and work
with faculty to resolve discrepancies.
5% Process Design/Improvements & Department Representative
Represent the Institute on the Medical School, AHC and central
committees to share expertise, aid in decision making, and
communicate information back to the department. Take the lead
within the Institute on process design and improvement.
Because the BioGen Center seeks to increase the diversity of its
workforce, we particularly encourage applications from those who
belong to groups that have been historically underrepresented in
our Center, including those who are Black, Indigenous, and people
of color, those with disabilities, and veterans.
This position can work remotely.
Qualifications
Required Qualifications:
Bachelor's degree and at least six years of relevant experience
with progressively increased levels of responsibility, focus and
scale.
Prior experience with financial reporting and analyses.
Proficiency with Excel to include workbook development and pivot
tables.
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 establish and maintain effective working
relationships with internal and external organizations, groups,
team leaders and members and individuals.
Project accounting, to include sponsored research accounting and
ability to be appointed as a Certified Approver.
Strong problem solving, critical thinking and decision making
skills.
Strong organizational and time management skills with demonstrated
ability to use good judgment in prioritizing multiple requests made
at times by persons with competing interests.
Preferred Qualifications:
Experience with the University of Minnesota financial management
information systems and EFS. Peoplesoft accounting system, or
accounting or fiscal experience in a public, comprehensive higher
education institution with considerable knowledge of administrative
policies and procedures typical of a public institution of higher
education.
Fund accounting skills.
About the Department
About the Department:
The departments of Genetics, Cell Biology and Development (GCD) and
Biochemistry, Molecular Biology and Biophysics (BMBB) clustered to
form the BioGen Center. GCD and BMBB are joint departments with
faculty and research staff having appointments in the Medical
School and the College of Biological Sciences.
Benefits
Working at the UniversityAt 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:
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
employ@umn.edu or call (612) 624-UOHR (8647).
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.
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:
https://safe-campus.umn.edu/return-campus/get-the-vax
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.
Keywords: University of Minnesota, Minneapolis , Fin Anlst 1-Fin Gnrlst, Accounting, Auditing , Minneapolis, Minnesota
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