A cover letter and resume detailing relevant work experience is required for consideration. The cover letter should address your specific interest in the position and outline skills and experience that directly relate to this position. All applications must be submitted through the U-M job site
The CHRT Accountant will support the administrative and business functions of CHRT, including the financial aspects of both the core operating budget and various projects and initiatives housed at CHRT. This individual will be responsible for managing all accounts payable and accounts receivable, preparation of monthly and year-end financial reports, and maintaining records and schedules required for annual external audit and tax reporting. Although housed at the University of Michigan, CHRT manages all financial activity independently using QuickBooks (general ledger) and Planful (financial planning & analysis) software. This position will report to the CHRT Senior Financial Analyst.
25% Assist in the preparation of monthly and year-end financial reports
Download and reconcile statements of activity.
Enter financial activity into QuickBooks accounting software and prepare standard monthly and year-end financial reports.
Prepare journal entries.
Review gross pay registers and initiate corrective action as necessary.
Manage depreciation schedules and net asset and contributed revenue tables.
Work in collaboration with Financial Analyst to streamline the monthly close-out process and integration of financial activity into Planful.
Analyze business processes and make recommendations for improvement.
25% Manage accounts payable
Coordinate with U-M Procurement to initiate, update, and manage vendor contracts, including sole source justification forms as necessary.
Process invoice payments and follow-up as needed.
Serve as a departmental approver for Concur travel, hosting, reimbursement and PCard expense reports and ensure compliance with University and departmental policies and procedures.
Establish and implement internal accounting and procurement policies and procedures.
25% Manage accounts receivable
Prepare monthly/quarterly invoices, space allocation recharges, and manage other contract and contributed revenue reports.
Prepare project spend down reports and review with team leads and project managers for accuracy and adjust as needed.
Follow-up on outstanding A/R.
10% Monitor revenue and expenses in relation to budget
Prepare departmental and/or project expense and budget variance reports.
Assist with budget projections and forecasting.
Manage data loads from QuickBooks and Harvest time tracking software into Planful financial planning & analysis software.
10% Assist with the preparation of materials for annual external financial audit and Form 990 tax filing
5% Assist CHRT Senior Financial Analyst and Business & Finance Director with other duties as directed
5-8 years accounting experience with a clear understanding of accrual and non-profit accounting standards (2-5 years accounting experience for underfill option)
Bachelor's degree in Business Administration, Accounting or Finance.
Knowledge of generally accepted accounting principles and standard business practices
Knowledge of financial analysis and reporting
Ability to generate accurate financial reports within established timelines
Proficiency in use of Excel and Word.
Demonstrated ability to work well within a team
Motivated, dependable, organized, and detail-oriented
Ability to multi-task and manage priorities effectively
Excellent customer service to internal and external customers
Clear communication skills
Excellent analytical skills
Master’s level degree in Business Administration, Accounting or Finance
Knowledge of University financial systems (e.g. Wolverine Access, Business Objects, Journal Entries, Concur/PCard reconciliation, Accounts Payable/Procurement, Additional Pay Workflow) and policies/procedures is highly preferred
Proficiency with QuickBooks accounting software, including generating customized reports
Experience with Planful, or other financial planning & analysis software
Experience with Harvest, or other time tracking software
Experience with preparation for external audit of financial activity and Form 990 tax filing
Experience in budgeting and internal controls
The candidate will be offered the position at the senior or intermediate level based on their overall qualifications and experience in areas directly relevant to the responsibilities of the position.
Michigan Medicine conducts background screening and pre-employment drug testing on job candidates upon acceptance of a contingent job offer and may use a third party administrator to conduct background screenings. Background screenings are performed in compliance with the Fair Credit Report Act. Pre-employment drug testing applies to all selected candidates, including new or additional faculty and staff appointments, as well as transfers from other U-M campuses.
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The University of Michigan is an equal opportunity/affirmative action employer.
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