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Finance Manager 1

Company: University of Minnesota
Location: Saint Paul
Posted on: November 15, 2023

Job Description:

Apply for JobJob ID357915
LocationTwin Cities
Job FamilyFinance
Full/Part TimeFull-Time
Job Code9341FG
Employee ClassAcad Prof and Admin
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About the Job

Finance Manager 1 - Financial Generalist (9341FG)

Serves as the finance manager for the center, leading all aspects of the financial management of faculty funding portfolios (including approx. $20M in grant funding) and supervising a team of financial professionals. Coordinates all 12 internal/external service organizations. Reporting to the Finance Director for all financial decisions and serves as a surrogate as necessary.

35%: Supervision
Supervises 4 finance staff, who provide post-award support to MCC's 25 administratively-supported faculty. Responsible for the full employee life cycle for all staff. Conduct performance evaluations; ensure staff are trained; ensure employees follow policies and procedures; maintain a balanced and safe working environment.
Meet regularly with staff to provide leadership, training, mentoring, and guidance. Build and maintain a cohesive team of accountants. Provide effective feedback with continuous improvement as the ultimate goal and attained through training, mentorship, and providing a positive role model for staff. Coordinate annual budget entry into EFS.
Backup staff as needed due to openings and absences. Duties performed by accountants include providing financial support to Principal Investigator (PI) over the life of the grant (research) or contract. Monitor spending (including effort distribution), approve expenditures, forecast future spending, and analyze/determine root cause and communicate potential deficits. Ensure effort certification is completed by PI within defined timeframes. Ensure grants are closed out accurately, issues are resolved with SPA, and approve expenditures that meet the University accounting standards.

25%: Oversight of Internal Service Organizations
Provides financial oversight, business plans, rate development, monthly billing and reporting for 10 Internal Service Organizations (including external sales activity). Meet quarterly with shared resource directors/managers.

15%: Internal Controls
Issue Resolution: Work with department staff and/or representatives from collegiate and central units such as Controller's Office, Sponsored Projects Administration, and the Office of the General Council on complicated accounting issues. Define issues, develop solutions and be responsible for the selection and implementation of the chosen solution. Develop policy or procedures to mitigate future risk. Navigate thoughtfully through roadblocks in order to meet objectives.

Provide consultation and training on accounting standards and procedures, internal controls, and government regulations to department and division managers and administrative staff. Educate others as to the allowability of expenses and best practices. Improve current policies and processes.

Prepare for audit as required, which included the review of internal controls; preparation of schedules; compiling of work papers; preparation of consolidated financial documents; and responding to auditor's questions.

10%: Cross-Departmental Coordination and Pilot Support
Collaborates with leadership across colleges/departments to complete Memoranda of Agreement (MOAs). Works with MCC Research Development Manager to set up and fund MCC pilot awards, as well as following up with awardees on balances and extensions.

10%: Center Representative and Process Design/Improvement
Represent the Center on various committees to share expertise, aid in decision making and communicate information back to the department. Take the lead within the department on process design and improvement.

Other duties as assigned.

All required qualifications must be documented on application materials. Required Qualifications:BA/BS with at least 6 years of relevant experienceFederal research grant experience (NIH preferred)
Proven management skills
Strong interpersonal, written and oral communication skills
Demonstrated expertise in use of technology and information tools related to the needs of the positionPreferred Qualifications:MBA or Masters level degree in finance related field or at least 8 years of relevant experience
Grant and contract experience at the University of Minnesota
Certified Approver
Experience with the University financial systems, EFS (Enterprise Financial System), HRMS (People Soft Human Resources), ECRT (Effort Certification), ART (Account Reporting Tool), UM Analytics
Experience with clinical research at the University
Experience demonstrating strong organizational skills
About the Department

The Masonic Cancer Center (MCC) is an NCI-designated Comprehensive Cancer Center dedicated to cancer research, education, and patient care for the citizens of Minnesota and the surrounding region. Since the time of the first award in 1997, there has been consistent growth of the membership and research base, enabling our center to further advance our knowledge and enhance care for our catchment area. We are driven to be the choice academic healthcare environment for patients, clinicians, scientists and students who seek exceptional, compassionate, precision cancer therapy; innovative clinical trials and prevention programs; cutting-edge research opportunities; and outstanding advanced education.

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
  • 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)
  • Financial counseling services
  • Employee Assistance Program with eight sessions of counseling at no cost
  • with free or reduced rates in the Twin Cities metro areaPlease visit the 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 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 or call (612) 624-UOHR (8647).

    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).

Keywords: University of Minnesota, St. Paul , Finance Manager 1, Executive , Saint Paul, Minnesota

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