Finance Professional 2 Job at University of Minnesota

University of Minnesota Minneapolis, MN

Required Qualifications

  • Bachelor's degree plus two years of professional experience or a combination of related education and professional experience totaling six years.
  • Demonstrated experience in accounting/fund accounting, budget development, and/or other financial management.
  • Demonstrated ability to collaborate well with people from a variety of backgrounds, communities, and identities.


Preferred Qualifications

  • BA/BS degree in accounting, business, public administration, finance, economics, or a related field.
  • Experience in analyzing financial data, grant management, and monitoring complex budgets and contracts
  • Advanced computer skills including spreadsheet development and maintenance using Excel and web database reporting.
  • Demonstrated ability to effectively manage priorities, coordinate multiple assignments simultaneously, and meet deadlines
  • Experience delivering high level customer service, including proactive communication and ability to troubleshoot and resolve issues
  • Certified approver (UMN internal applicants, passed exam 1 and 2); expectation to pass both within 12 months of employment.

Position Overview

The College of Education and Human Development (CEHD) Financial Services Office is seeking two Finance Professional 2 positions. This role provides intermediate financial services support, fiscal monitoring, compliance, and consultation to assigned portfolios, which are predominately academic departments. Specific department assignments have yet to be determined.

The position works within policies and procedures in the areas of budget, financial management, compliance and audit, reporting, and department operations. This position specializes in accounting for sponsored and non-sponsored funds, including federal, state, business, and non-profit sponsors, state funding allocations, internal/external sales & services, foundation, and other unrestricted and restricted funding. The incumbent is responsible for developing budgets, customized reporting data queries/downloads, financial forecasts and projections, and consulting with unit leadership (faculty PI(s), staff, department chairs, administrators) regarding financial results. This position works with other CEHD Financial Services Office (FSO) team members to accomplish the budget and financial work of the college and is expected to develop and maintain strong skills in all areas of service.

The role works with a diverse group of colleagues from varying backgrounds, communities, and identities, and actively supports and advances the University’s commitment to equity, diversity, and inclusion.

The University of Minnesota encourages a healthy work life balance for employees. CEHD is committed to an excellent employee experience, offering a flexible work environment that meets the needs of students, staff, faculty, and the communities we serve. Flexible work arrangements may include flexibility in schedule and/or work location. Please note that 100% remote work requires approval. All UMN employees are expected to follow applicable public health and safety procedures.

Job Responsibilities

Financial Management and Accounting (45%)

  • Ensure accurate and appropriate costing of personnel expenditures through payroll reconciliation and auditing; identify and process corrections.
  • Review, monitor, and reconcile financial activity for sponsored and non-sponsored funds, internal and external sales revenue, and endowment funds, to ensure appropriate fund usage; initiate and process journal entry corrections.
  • Approve financial expenditures to ensure fiscal compliance related to procurement card activity, cash advance, employee travel and expense reimbursement; partner with document preparers/processors and certified approver to ensure accuracy and adherence to policy and procedure.
  • Monitor, plan/forecast, and report scholarship utilization, projections, spending plans, and processing/awarding.
  • Coordinate the course fee review, remove and add fees, submit justification, support documentation, reconciliation, entry, and approval workflow.
  • Coordinate with external/internal sales business managers in developing business plans, rates, and contracts; facilitate the annual reporting for accounts receivable and external/internal sales.
  • Coordinate effort certification processes, ensuring compliance and deadlines are met.
  • Coordinate the fiscal management and monitoring of multiple grants associated with multiple PIs from all backgrounds and communities; ensure compliance of applicable policies and regulations.
  • Partner with Sponsored Projects Administration (SPA), and Sponsored Financial Reporting (SFR), and external sponsors from a variety of backgrounds and identities to manage sub-awards, reconcile/resolve inconsistencies, and close-out awards.
  • Provide consistent and informative communication through routine interactions with PIs and project staff throughout the lifecycle of grants.
  • Ensure optimal service levels for assigned units through the FSO Service Level Agreement and related memoranda.

Reporting and Analysis (35%)

  • Develop routine, customized, and ad hoc financial reporting for assigned accounts and PIs; gathering data from a variety of sources.
  • Analyze fiscal data for anomalies; investigate anomalies and recommend solutions.
  • Develop and present fiscal trending and projections data that inform faculty, PI(s), staff, etc.

Budgeting (20%)

  • Prepare budgets for assigned departments, centers, programs; proposals and assigned projects/grants.
  • Coordinate the development of all funds annual budgets; EFS budget entry.
  • Ensure budget deadlines are met and fiscal year-end close-out.
  • Identify gaps in revenue and/or expense.

College Overview

The College of Education and Human Development (CEHD), the third largest college at the University, contributes to a just and sustainable future through engagement with the local and global communities to enhance human learning and development at all stages of the life span. We know diversity is necessary to do our best work and foster our humanity. That’s why the CEHD community is collectively dedicated to cultivating an inclusive and equitable environment, embracing and celebrating all identities of our students, staff, and faculty. These values are also a moral imperative requiring continuous proactive measures and a firm stance against prejudice, discrimination, and systemic injustice. https://www.cehd.umn.edu/

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-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: 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.

Please note: All employees at the University of Minnesota are required to comply with the University’s Administrative Policy: COVID-19 Vaccination and Safety Protocol by either providing proof of being fully vaccinated on their first day of employment, or complete a request for an exemption for medical exemption or religious reasons. To learn more please visit: https://safe-campus.umn.edu/return-campus/get-the-vax


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.




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