Job Duties and Responsibilities:

This Finance Professional 4 (FP4) Supervisor position is an integral component to the accounting team of the Department of Medicine, the largest department in University of Minnesota’s Medical School. The expected allocation of job duties and responsibilities for the FP4 Supervisor position is as follows:

20% Supervisor

Full supervisory responsibility to include hiring, work assignment, rewarding and directing the work of 1-2 finance professionals. Meet regularly with employees and provide leadership, priorities, and both positive and improvement feedback. Complete annual performance reviews. Train, coach, and be a positive role model for employees.

45% Research Accounting

Provide financial expertise for the entire life of a grant from proposal to closure. Responsibilities include:
-Establishing a grant budget
-Determining appropriate payroll percentages for labor charging and effort certification
-Auditing and approving expenditures against grant and proactively communicating potential deficits
-Developing financial projections and working with project investigators to research the source and cause of discrepancies in accounting systems
-Recommending solutions to funding concerns or other complex problems
-Assisting with renewals and project closeouts

15% Budget Analysis & Reporting

Provide comprehensive, global financial reports, projections, and budgets for projects, faculty, divisions, or the Department. These are reported at a certain time interval and identify risks and opportunities within the area being analyzed. Ad hoc reporting will be required. Work with faculty/management to develop financial plans.

15% Certified Approver & Effort Certification

Audit and approve expenditures on sponsored research projects. 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 Department on Medical School, Office of Academic Clinical Affairs, and central committees to share expertise, aid in decision making, and

Qualifications
Required Qualifications:
• Bachelor’s degree and at least five years of experience or a combination of related education and work experience to equal nine years.
• U of M Certified Approver within one year of start date.
• Prior experience with financial reporting and analyses.
• Proficiency with Excel.
• Demonstrated ability to work effectively in informal and formal teaming arrangements.
• 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.
• Accounting experience in a higher education or research setting.
• Strong organizational skills with demonstrated ability to use good judgment in prioritizing multiple requests made at times by persons with competing interests.
• Experience training and mentoring junior staff.

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.
• Supervisory experience.
• Graduate degree in accounting, finance, or business-related field.
• Current U of M Certified Approver.
• Supervisory experience or experience training and mentoring junior staff.
• Project accounting, to include sponsored research accounting and non-sponsored accounting.

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 Regents Tuition Benefit Program
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 cost