A cover letter is required for consideration for this position and should be attached as the first page of your resume. The cover letter should address your specific interest in the position and outline skills and experience that directly relate to this position.
The Office of Financial and Human Resources (OFHR) supports the entire College of Pharmacy including all administrative areas and three academic departments by assisting with various financial transactions, reporting, monitoring, budgeting, procurement, and accounts receivable functions. OFHR also facilitates the annual Internal Controls gap analysis process.
OFHR is seeking a highly motivated, ambitious and experienced Financial Specialist to assist with these activities and provide guidance to the College of Pharmacy user community to ensure proper controls exist and are executed. This position reports to the Associate Director of Finance and Human Resources and provides comprehensive, timely, and accurate financial analysis and budget support with a strategic insight. In addition to supporting all business and finance activities of the College, this position will also be responsible for determining and assisting with process improvements and efficiencies in financial operations of OFHR.
Reporting and Tools: Independently prepare and review monthly and quarterly management financial reports. Work with Finance team to develop and improve reporting formats and standard reports for a variety of audience levels. Maintain and run reports as needed/applicable in Excel, Access, BusinessObjects, M-Reports, or other systems. Work on ad hoc reporting requests or portions of such requests as assigned. Track budgetary commitments and funding sources in order to ensure financial statements are accurate and reports reflect all commitments appropriately. Perform special projects to address financial projections and funding sources as assigned. Model new scenarios as requested. Evaluate effectiveness of overall suite of internally developed financial reports and tools. Ensure monthly and quarterly management financial reports are prepared and reviewed accurately and timely.
Assistance with Budget Processes: Assist with the annual internal budget allocation process, variance monitoring process, and year-end close process. Research accounting and budgeting questions and issues as they arise, and complete special projects as assigned. Assist in the development of management reports and data visualization that provide insightful analysis to enable COP leaders to make effective business decisions, including financial data related to teaching, research, facilities, and operations.
Assisting faculty and staff with account classification, travel or P-Card questions, as well as approving Concur expense reports. Create vouchers, purchasing requisitions, payment requests, etc.
Support academic budgetary items such as the faculty discretionary allocations, account monitoring, and endowed professorships. Prepare journal entries to transfer funds, cover overdrafts, or correct any errors.
Facilitate the annual certification process. Solicit and compile all documentation, review and analyze regular financial reports in support of unit's internal controls. Complete financial gap analysis, update written procedures as process changes are implemented.
Bachelor's degree in accounting, finance, business administration, informatics, data analytics, or equivalent education/experience.
At least three years progressively responsible work experience with financial and budgeting processes; in a customer-focused role.
Excellent oral, written and interpersonal communication skills with ability to interact comfortably and professionally with various levels of management and staff, as well as with faculty.
Ability to maintain high degree of confidentiality. Ability to independently set priorities, manage multiple tasks, and meet multiple deadlines; ability to work collegially and collaboratively in a team environment.
Ability to proactively identify and effectively resolve various types of problematic situations in areas that can include (but are not limited to) general analytic tasks, process/procedures, and compliance.
Ability to engage in proactive, self-directed learning and thought leadership.
Proven track record of completeness, accuracy and consistent attention to detail.
Sound judgment, analytical, and decision making skills.
Knowledge and experience in creating financial analyses and using Excel.
Experience using Business Objects.
Ability to create and modify Excel worksheets and Access databases.
Experience with human resources transactions, recharges/service unit billings, and/or research administration
Salary is commensurate with the qualifications and experience of the selected candidate. We encourage all interested parties to apply.
The University of Michigan conducts background checks on all job candidates upon acceptance of a contingent offer and may use a third party administrator to conduct background checks. Background checks will be performed in compliance with the Fair Credit Reporting Act.
Job openings are posted for a minimum of seven calendar days. This job may be removed from posting boards and filled anytime after the minimum posting period has ended.
The University of Michigan is an equal opportunity/affirmative action employer.
Internal Number: 177849
About University of Michigan - Ann Arbor
A great university is made so by its faculty and staff, and Michigan is recognized as one of the best universities to work for in the country. The Michigan culture is known for engaging faculty and staff in all facets of the university to create a workplace that is vibrant and stimulating.For two consecutive years, the Chronicle of Higher Education has placed U-M in its "Great Colleges to Work For" survey. In particular, the university earns high marks for strong relations between faculty and administrators, a collaborative system of governance, strong pay and benefits, and a healthy work/life balance.