Finance professional generalist
Location
Minnesota | United States
Job description
Job ID: 359709
About the Job This position serves as an accountant and payroll coordinator
for the Department of Biomedical Engineering. The Finance Professional 2 works closely with the Finance Team and HR Coordinator to support
the BME operating budget and faculty, staff and student research through financial system approvals, policy compliance, and payroll
coordination. This is a hybrid position with a combination of on campus and remote work hours.
Payroll Coordination
(50%)- Prepare and monitor setup of payroll appointment entry and position management information; send required documents to
college payroll cluster for entry.
- Develop and implement a communication plan and tracking documents to coordinate fall, spring and
summer Graduate student appointment entry with faculty members and other BME staff.
- Process and reconcile tuition and health
insurance payments for fellows and trainees.
- Compute and enter distribution changes (including complex retro distributions)
independently or at the direction of the Finance Team Lead or PIs.
- Ensure accuracy of entered personnel and payroll transactions via
payroll accounting reports and abstracts, including consistency with appointment documentation and correct funding
source(s).
- Identify and resolve various payroll issues, working with employees, faculty, staff and college payroll cluster as
needed.
- Assist with onboarding of new employees and visitors, including I-9 verification administration.
- Serve as Unit Time
and Absence Administrator.
- Serve as an information resource to interpret and advise faculty, students and staff with questions
regarding University and department payroll policies and procedures.
Transaction Approvals and Chart of Accounts Management
(25%)- Review and approve purchases and travel on non-sponsored and sponsored funds for policy compliance and budgetary
impact in PeopleSoft and Chrome River.
- Work with the CSE purchasing team, PIs and lab personnel to set clear justification
expectations, clarify policy and prevent problematic purchases.
- Maintain the department's Chart of Accounts system to identify and
track funding sources.
- Serve as a Chrome River Navigator for the department faculty, staff and students.
Budget and
Financial Management (15%)- Advise faculty, staff and students on proper accounting procedures to follow in purchase, sale or
exchange of goods and services.
- Reconcile accounts and analyze monthly financial results for reasonableness.
- Administer
accounts receivable work including customer billing.
- Work with other finance team members on annual budget projections, budget entry
and fiscal year closeout.
Other (10%)- Assist with ad-hoc reporting or other duties as
assigned.
- Make recommendations to the Finance Team Lead and Department Administrator on process improvements and implementation
methods.
- Engage in BME initiatives and training opportunities, such as diversity and inclusion goals and pursuits, department
strategic planning groups and sponsored project SPECTRUM training.
- Provide backup to other BME staff members as
needed.
Pay Range: $60,000 - 65,000 annual base
Qualifications Required
qualifications - Bachelor's degree and 2 years of professional work experience, or a combination of related education and
relevant work experience totaling six (6) years.
- Proficiency/experience with Microsoft Excel.
- Strong verbal and written
communication skills.
Preferred qualifications - High level of attention to detail and ability to handle
multiple tasks with overlapping deadlines; can re-prioritize tasks as needed.
- Experience with computerized accounting and/or payroll
systems.
- Experience to include financial analysis, fund accounting, and web-based enterprise financial and payroll
systems.
- Advanced computer skills including spreadsheet development and maintenance using Microsoft Excel and web database
reporting.
- Demonstrated ability to interpret, present and evaluate information and ideas clearly and accurately in writing, verbally
and by preparation of reports and other materials.
- Experience delivering high-level customer service, including proactive
communication and ability to troubleshoot and resolve issues.
- Demonstrated self-starter, able to work independently in a dynamic
team environment that requires flexibility and exceptional problem solving skills.
- Interest in improving business processes or
developing tools to proactively engage with faculty, staff and students.
- Willingness to learn and grow professionally, including
receptiveness to feedback.
About the Department The Department of
Biomedical Engineering is located in the College of Science & Engineering. With 24 faculty, 10 staff, and a combined undergraduate and
graduate program made up of almost 700 students, we are innovative leaders in our education, research and outreach
programs.
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 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 cost
- Employee Transit Pass with free or reduced rates in the Twin Cities metro
area
Please 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 and submit attachments.
A cover letter and resume are required for this position. 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
[email protected] or call (612) 624-8647.
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:
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, 2022).
Job tags
Salary
