Prepare monthly operating statements; identify and document
significant budget variances or emerging trends and provide
recommendations for cost controls or other operational
strategies.
Develop and maintain internal reports for use by Operations
partners.
Develop benchmarks and operational productivity measures for
units, develop internal controls to measure operational activity,
and analyze and report on business unit performance.
Conduct regularly scheduled meetings with management to review
the financial statements, identify issues and opportunities, and to
provide insights into the financial impacts of operational
decisions on the performance of the unit and its priorities.
Educate management regarding effective financial management
practices and trends.
Work with the Finance Manager to identify trends and impacts to
other supported Auxiliary Services units.
Other ad hoc reporting and analysis as assigned.
Annual Budgets, Month-End and Year-End Close – 25%
- Develop the annual budget for supported units in partnership
with the Finance Manager and Operations stakeholders. Complete the
necessary month- and year-end transactions, reporting, and
documentation for the unit.
- Gather, analyze, and summarize financial data and trends.
- Provide analysis and recommendations for revenue and expense
projections, capital plan, cash flow and rate increases.
- Prepare clear, accurate reports and visual materials to present
budget recommendations and insights to leadership and other
stakeholders.
- Complete review of Chart of Accounts and complete any month-end
or fiscal year-end transaction to record necessary accounting
entries.
- Provide necessary documentation and commentary for central
accounting reporting needs.
- Manage timeline of necessary tasks for the month- and year-end
closing activities.
Accounting and Financial Support – 15%
- Oversee financial activity ensuring accuracy, and completeness
and timeliness in recording of financial transactions.
- Provide management with financial information, analysis, and
recommendations to guide decision making.
- Prepare reports for the Controller’s Office and respond to
their requests for additional information.
- Proactive involvement with new programs, procedures, and
processes to ensure proper accounting treatment and proper controls
are in place.
- Support the financial review of RFP submissions and
responses.
- Review and approve financial transactions in PeopleSoft.
- Act as the financial expert, ensuring compliance with
University policies, federal laws and state laws.
- Monitor and reconcile accounts, balances and fund usage in
accordance with financial policies.
- Review, update, and maintain internal financial systems,
reports, and processes.
- Educate and guide operational staff on university policies and
procedures, ensuring that staff understand, interpret, and
effectively apply institutional requirements in their day-to-day
work.
Other essential functions – 10%
- Attend department meetings and participate in assigned project
teams.
- Offer suggestions for process improvements and assist in
documenting and implementing approved changes to departmental
procedures.
- Provide back-up support to University Services Finance team
members and other Shared Service departments, as necessary.
- Other duties as assigned.
Qualifications
Minimum Qualifications: (Knowledge, skills, and
abilities)
- Bachelor’s degree in Finance, Accounting or related field plus
at least six years relevant professional experience.
- Experience and proficiency using spreadsheets, software
systems, and reporting software.
- Experience using general ledger financial applications and
interpreting financial results.
- Excellent communication skills, strong problem-solving
abilities with attention to detail.
- 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.
Preferred Qualifications: (Knowledge, skills, and
abilities)
- 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
- Experience with University of Minnesota’s accounting and
business procedures and software systems (EFS - Enterprise
Financial System, NetSuite, Jaggaer, or iSeries platforms.).
- Experience with fund accounting or multi-entity accounting is
preferred but not required.
- 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.
About the Department
Department Overview:
The positions are within University Services Finance which oversees
all financial activities within University Services, a division of
the University of Minnesota responsible for campus operations,
including Facilities Management, Capital Project Management, Health
and Safety, Planning, Space and Real Estate, Public Safety, and
Auxiliary Services. The finance department is responsible for rate
development, capital budgeting, accounts payable/receivable,
general budgeting, payroll, financial analysis and reporting,
legislative reporting, utility accounting, project accounting, debt
compliance and general problem solving.
Pay and Benefits
Pay Ra nge: $90,000 to $100,000 annually; depending
on education/qualifications/experience
Time Appointment: 100% Appointment
Position Type: Faculty and P&A Staff
Please visit the
Office of Human Resources website for more
information regarding benefit eligibility.
The University 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
- Employee Transit
Pass with free or reduced rates in the Twin Cities metro
area
While our salary ranges provide a framework, it is important to
note that most of the
time, the initial pay may not reach the maximum of the range. This
approach ensures
that compensation reflects the value and unique contributions of
each candidate while
maintaining equity within our organization. As part of our
commitment to fair and
equitable compensation, please be aware that the salary offered to
incoming candidates
will be based on their individual credentials and experience.
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 jobcentr@umn.edu.
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.
About University of Minnesota
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
Forbes as a Best Employer for Company Culture (2026), Best Employer
for Women (2023, 2025, 2026), and Best Employer by State
(2022-2026). In 2026, we also received Culture Excellence &
Industry Awards recognition for employee appreciation and work-life
flexibility.
