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Job Category:
University Staff
Employment Type:
Regular
Job Profile:
Financial Specialist II
Job Summary:
Under the general supervision of the Finance Associate Director of Property Control, this position supports the campus-wide policy and procedures associated with capital equipment recognition on the annual financial statements. The Property Control team members are part of the Financial Information Management Group of Business Services. This group works to support the proper accounting and attestation of financially recognized capital equipment values including guidance on capital cost valuations, physical inventories, loans, transfers, audits, dispositions, training, and analytics. The team is responsible for the consistent evaluation and maintenance of the asset management module of UW Madison's financial software in accordance with GAAP, Federal, State and UW System reporting requirements. This position will manage and perform physical inventory audit reconciliations, schedules, and reporting activities to ensure the accuracy, completeness, and compliance of capital equipment records. Maintain and update asset records, general ledger accounts, and financial reports within automated financial systems to support the accurate recording, tracking, and reporting of capital equipment transactions. Provide guidance and customer service to internal and external stakeholders regarding physical inventory and capital equipment policies, procedures, and requirements. Lastly, assist with the development and delivery of training, resources, and support to campus departments to promote compliance and effective asset management practices.
Key Job Responsibilities:
Job Category:
University Staff
Employment Type:
Regular
Job Profile:
Financial Specialist II
Job Summary:
Under the general supervision of the Finance Associate Director of Property Control, this position supports the campus-wide policy and procedures associated with capital equipment recognition on the annual financial statements. The Property Control team members are part of the Financial Information Management Group of Business Services. This group works to support the proper accounting and attestation of financially recognized capital equipment values including guidance on capital cost valuations, physical inventories, loans, transfers, audits, dispositions, training, and analytics. The team is responsible for the consistent evaluation and maintenance of the asset management module of UW Madison's financial software in accordance with GAAP, Federal, State and UW System reporting requirements. This position will manage and perform physical inventory audit reconciliations, schedules, and reporting activities to ensure the accuracy, completeness, and compliance of capital equipment records. Maintain and update asset records, general ledger accounts, and financial reports within automated financial systems to support the accurate recording, tracking, and reporting of capital equipment transactions. Provide guidance and customer service to internal and external stakeholders regarding physical inventory and capital equipment policies, procedures, and requirements. Lastly, assist with the development and delivery of training, resources, and support to campus departments to promote compliance and effective asset management practices.
Key Job Responsibilities:
- Reallocates expenses to appropriate funding strings
- Reviews transaction processing internal controls and recommends policies and procedures
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