Finance Professional 2

Job Description

Date: June 2025
University Classification: 8222FG, Finance Professional 2
Position #: 316840
Supervisor: Financial Analyst

Department Overview:
The position is 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.

Position Description:
This position provides financial and accounting support for the University of Minnesota U Card and Contract Administration departments in Auxiliary Services. The U Card office is responsible for issuing campus credentials (Physical U Card or Mobile Credential) and managing systems and processes to support sale and use of campus spending accounts (Gopher Gold, Dining Dollars, or Meal Plans) associated with the U Card. Contract Administration is responsible for university dining (Residential, Retail, Catering, & Athletic Venues) by maintaining facilities and establishing/managing foodservice contractors.

The FP2 position supports these departments by overseeing the financial accuracy and integrity of operational transactions. The position will be responsible for ensuring proper reconciliation, compliance with financial policies, and timely reporting. The successful candidate will interpret contract and policy language to evaluate the appropriate financial treatment of activities, identify discrepancies or trends, and partner with stakeholders to resolve issues and enhance process efficiency. This role requires the ability to apply existing financial frameworks to evolving business needs and contribute insights that support informed decision-making.

This position works under general supervision with Contract Admin Financial Analyst, completing tasks independently, using personal judgement to research and resolve issues or escalate for assistance where necessary.

University Services Finance endorses a "work with flexibility" approach. Work location options for this position include working partially remote or entirely in the office and are based on the work of the position.

Duties and Responsibilities:
Accounting and Financial Support - 70%
Perform a variety of high-level accounting functions. Monitor and reconcile accounts, balances and fund usage in accordance with financial policies.
* Review general ledger accounts and fund balances, research discrepancies and resolve accounting issues.
* Prepare financial transaction documentation for entry into EFS or other submission methods, including validation of vendor payments, internal rebillings, and sales tax reporting.
* Maintain internal financial systems, reports, and processes.
* Work with the operational staff on best purchasing practices and processes, including training new staff on UMarket, MyWallet and purchase order requests.
* Serve as point of contact for vendors, contractors, and University departments for financial/accounting inquiries.

Financial Reporting and Analysis - 15%
Assist with the analysis and reporting of non-sponsored revenue, expense, and balance sheet accounts by gathering data, reviewing for accuracy, and highlighting areas of concern for Financial Analyst review. Contribute to the preparation of financial analyses by compiling historical data and assisting in the development of actionable insights.
* Assist in preparing monthly operating statements; identify and document significant budget variances or emerging trends in coordination with the Financial Analyst.
* Support transaction research, prepare draft journal entries, and contribute explanatory notes for financial reports.
* Maintain and update internal reports for use by Operations partners.
* Offer suggestions for process improvements and assist in documenting and implementing approved changes to departmental procedures.
* Other ad hoc reporting and analysis as assigned.

Annual Budgets, Month-End and Year-End Close - 5%
* Assist with preparing financial projections for current years and in development of annual budgets.
* Review GL balances and transactions to ensure transactions are recorded in accordance with budget and financial reporting needs. Reclassify transactions as needed.
* Assist with reconciliations between unit systems and University Enterprise Financial System for campus currency balances.

Other essential functions - 10%
* Attend department meetings and participate on assigned project teams.
* Recommend, document and implement improvements to departmental procedures.
* Provide back-up support to Contract Admin/UCard Finance team members and other Auxiliary Service departments.
* Other duties as assigned.

Minimum Qualifications: (Knowledge, skills, and abilities)
* Bachelor's degree in Finance, Accounting or related field and two years relevant professional experience or a combination of six years related education and work 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)
* Bachelor's degree in Finance or Accounting and four or more years of relevant financial experience
* 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).
* 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.

Pay Range: $27.89 - 29.82, depending on education/qualifications/experience

Time Appointment Category: 75%-100% Appointment (If job description above does not specify appointment or expected weekly hours, assume a 100% appointment.)

Position Type: Civil-Service & Non-Faculty Labor Represented 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

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.

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.

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

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.

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).