Accountant, Financial Reporting, Accounting Manager

Overview

Recruitment

Title:

Accountant I
Job Classification: 8221FG - Fin Pro 1-Accounting

Work environment:
This hybrid position is based on the Twin Cities campus. For those located in the metro area, a minimum of three days per week in the office is expected. Internal and external applicants located near other UMN system campuses and across the State of Minnesota may also be considered, and we encourage all interested candidates to apply. Occasional travel to the Twin Cities campus may be required for events and all-staff meetings.

Out of state candidates must be willing to relocate to Minnesota at their own expense.

This is a PEAK position.

Position Overview:

The University of Minnesota seeks an Accountant I to support our Financial Operation Center department within the Controller's Office. The Accountant I is responsible for performing basic accounting activities and financial reporting transactions in support of a portfolio of Resource Responsibility Centers (RRC) in the Finance Operations Center. Additionally, the Accountant I collaborates with accounting and finance professionals within the Finance Operations Center to ensure appropriate and timely support.

To succeed as an Accountant I, you should be professional, a team player, and attentive while being detail-oriented. You must be comfortable with using technology such as Team Dynamix (TDx) and Google Suite and excel at both verbal and written communication. Most importantly, as an Accountant I, you should have a genuine desire to meet the needs of others across the institution.

You will report to the Accounting Manager.

Job Responsibilities with % of Time:

• Accounting (75%)
  • Collaborates with finance staff for assigned portfolio of RRCs on accounting period closings, review of reports and related materials to ensure accuracy and reasonableness, identify discrepancies, and resolve errors of a simple nature. It may require consultation with a Supervisor or Subject Matter Expert within the Accounting Team for more complicated transactions.
  • Explains, interprets, and applies University accounting policies and procedures.
  • Uses the chart of accounts with general understanding, ensures chart field string integrity by working with accounting professionals to recommend updates and accurate uses.
  • Understands technical accounting concepts, Generally Accepted Accounting Principles, and other guiding concepts with developing proficiency.
  • Uses information and requests received from a portfolio of RRCs to prepare analysis, computation, and entry of journal entries into EFS. Requests will be processed following University standard methodologies and procedures in journal entries, ledger/fund analyses, journal corrections, year-end activities, journal uploads, etc. May enter budget journals if requested and approved by the unit.
  • Processes payroll accounting transactions based on information provided by HR Ops or finance workstream.
  • Processes mass requests for new hires, modified appointments, entering and/or verifying distributions, and processing retroactive adjustments, etc. with guidance from Subject Matter Expert.

• Unit Support (10%)
  • Supports the unit by generating and reviewing relevant financial data, ensuring compliance and consistency in transaction entries.
  • Assists with analyzing and communicating the impact of activities on the overall financial health of the RRCs.

• Professional Development (10%)
  • Identifies and participates in opportunities for cross-training across Finance Operations Center to maintain adequate coverage of all functions.
  • Completes professional development, education, and training activities, consistent with the position's responsibilities and for the pursuit of individual, unit, and institutional success.
  • Participates in staff development based on individual needs, including ongoing skills training, Diversity, Equity, and Inclusion (DEI) development, professional learning, service & scholarly activity, and engagement & well-being.
  • As an individual contributor, models UMN's dedication to crafting an inclusive work environment and encouraging a caring culture.
  • Partners with Finance Professional 2's and 3's on complex tasks,…