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Finance Manager

University of Minnesota
life insurance, paid holidays, remote work
United States, Minnesota, Minneapolis
Nov 05, 2024
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Job ID
364680
Location
Twin Cities
Job Family
Finance
Full/Part Time
Full-Time
Regular/Temporary
Regular
Job Code
9343FG
Employee Class
Acad Prof and Admin
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About the Job

Overview
The College of Veterinary Medicine (CVM) is seeking an experienced Finance Manager. The incumbent will report to the Chief Financial Officer of the CVM and will provide leadership to the finance team, serve as the CVM Cluster Director, and supervise 5.0 FTE, ensuring financial functions are performed efficiently, accurately, and in full compliance with University, collegiate, and other regulatory entities' policies and procedures. This leadership role encompasses financial reporting, analysis, budgeting, audits, and operational management in support of achieving financial objectives.

Additional perks for CVM employees include bringing your pet to work, discounted pet care and pet food, and support for professional development.

Flexible work arrangements are available. This is a hybrid position, allowing both on-site and remote work arrangements. Ability to be on-site as needed is required.

Essential Functions
Controller - 50%
Implement, monitor, and enhance internal controls to protect assets and improve efficiency and effectiveness of financial processes.
Coordinate audit activities, ensuring compliance with relevant policies, procedures, and regulations.
Develop and maintain policies, procedures, and guidance for CVM to ensure continuous compliance.
Ensure the integrity of the general ledger, including reviewing and reconciling accounts.
Serve as the primary CVM resource for interpreting and explaining UMN and Collegiate policies, guidance, and procedures. Proactively communicate with stakeholders.
Review EFS, HRMS, DMS, and database access requests and corporate card applications based on business needs. Conduct annual access reviews for various systems and functions and audit activities for compliance, taking corrective action when required.
Facilitate the development and implementation of financial initiatives, such as standardized best practices and solutions.
Ensure units are meeting required accounting cycle deadlines (month and year end) and other financial and reporting deadlines.
Act as primary approver for general ledger journal entries, ensuring compliance with accounting standards, policies, and best practices.

Budget, Financial Management, and Reporting - 30%
Participate in the annual budget process, including conducting analysis and forecasts, facilitating budget process, and proofing budget for accuracy and compliance.
Process allocations and funding transfers in accordance with budget and funding models.
Perform analysis on budget variances and forecasting. Respond to requests from within and outside of UMN, such as quarterly/annual flux analysis requests
Facilitate billing for offshore tuition and other affiliate organizations.
Reconcile tuition deposits and application fees.
Forecast Annual Scholarship and Fellowship earnings and make spending recommendations.
Facilitate UMF disbursements and award reconciliation.
Coordinate annual AAVMC Institutional Data Report, GASB reporting, and other financial reporting.
Act as primary point of contact for financial budgeting and reporting system, resolving issues and developing solutions in partnership with external developers.

Cluster Director and Supervision - 20%
Supervise 5.0 FTE. Mentor staff to ensure high performance and continued professional development.
Oversee finance cluster activities, including accounts payable, accounts receivable, general ledger journal entries, and procurement specialist activities.
Serve as the primary point for escalation for policy and procedural issues pertaining to finance cluster functions. Act as primary point of contact for the Controller's Office.
Attend Cluster Director and other meetings to stay current on policies, procedures, and regulations; implement changes and enhancements to meet requirements to ensure efficient
and effective operations.

* The employer reserves the right to change or add duties to this position as long as the changes and/or additions are consistent with the job classification.

Qualifications

Minimum/Essential Qualifications:
Bachelor's Degree in accounting or related field and ten years of professional experience.
Strong foundation in accounting, understanding of GAAP, financial reporting, and analysis.
Proven experience supervising and developing finance teams.

Preferred Qualifications:
CPA or CMA certification.
Experience managing accounts payable, receivable, and general ledger workflows.
Familiarity with fund accounting and sponsored/non-sponsored program accounting.
Experience with University of Minnesota's Enterprise Financial System (EFS) and HRMS.
Certification as a UMN Certified Approver.
Knowledge of University of Minnesota financial policies and procedures.

Excellent communication skills, both written and verbal, with the ability to adapt communication style to a wide variety of audiences.
Strong organizational skills with a demonstrated ability to prioritize multiple projects and make independent, educated decisions.

About the Department

No job description available
Pay and Benefits

Pay Range: $110,000-$145,000; depending on education/qualifications/experience

Time Appointment: 75%-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
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) 624-8647.

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: 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 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).

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