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Fin Anlst 1-Fin Gnrlst

Company: University of Minnesota
Location: Minneapolis
Posted on: January 27, 2023

Job Description:

Apply for JobJob ID353256

LocationTwin Cities

Job FamilyFinance

Full/Part TimeFull-Time


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.


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.


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:

  • Competitive wages, paid holidays, and generous time off
  • Continuous learning opportunities through professional training and degree-seeking programs supported by the Regents Scholarship
  • 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 costPlease visit the Office of Human Resources website 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 employ@umn.edu 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.

    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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