Job Information
University of Michigan BRCF Financial Specialist Senior/Intermediate in Ann Arbor, Michigan
BRCF Financial Specialist Senior/Intermediate
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How to Apply
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.
Summary
As a key member of our Biomedical Research Core Facilities (BRCF) administrative team, this is an exciting next step for a candidate to further their skills and experience within a dynamic research unit.
The Financial Specialist will analyze and monitor fiscal operations for 11 unique Core operations. This will include creation of financial reports, assisting in development of Core budgets and developing budget tracking systems. The Financial Specialist of the BRCF, will actively participate in regular meetings, receive input from Core Directors and support the management of core operations by providing advice regarding accounting and budgeting activities.
An ideal candidate will be eager and curious to understand how the BRCF Cores work, how they differ from each other, how the nature of their operations affects their financial results, and how much their operation benefits the Medical School and beyond.
Mission Statement
Michigan Medicine improves the health of patients, populations and communities through excellence in education, patient care, community service, research and technology development, and through leadership activities in Michigan, nationally and internationally. Our mission is guided by our Strategic Principles and has three critical components; patient care, education and research that together enhance our contribution to society.
Why Join Michigan Medicine?
Michigan Medicine is one of the largest health care complexes in the world and has been the site of many groundbreaking medical and technological advancements since the opening of the U-M Medical School in 1850. Michigan Medicine is comprised of over 30,000 employees and our vision is to attract, inspire, and develop outstanding people in medicine, sciences, and healthcare to become one of the world?s most distinguished academic health systems. In some way, great or small, every person here helps to advance this world-class institution. Work at Michigan Medicine and become a victor for the greater good.
What Benefits can you Look Forward to?
Excellent medical, dental and vision coverage effective on your very first day
2:1 Match on retirement savings
Responsibilities*
Accounting & Reconciliation
Work in conjunction with the Shared Services Center and BRCF Core Directors for monthly reconciliation process.
Compile financial information to process transactions such as budget reallocations, journal entries, and vouchers.
Deposit checks, apply cash receipt processes as defined in internal controls.
Provide data to Shared Services Center for PAR transactions, PeoplePay, and reimbursements.
Financial Reporting
Prepare monthly & quarterly financial statements for BRCF Core Directors
Create & maintain dashboards (monthly/FY) of accounts for Administrative Leadership
Utilize a range of software applications (Excel, Business Objects, Tableau, Sharepoint, etc.) to perform studies, queries, analysis, visualization, and reporting.
Assist with running internal control reports, reviewing, and documenting related policies and procedures.
Grants Management
Post-Award grant management, reporting & closeout on BRCF grants.
Communicate with other units/departments for sharing of details and adjustments to be made.
Work with Shared Services Center to create PAR transactions for effort.
Recharge
Perform internal and external billing for recharge activities across all Cores, set up vendor IDs.
Communicate with accounts receivable and external customers to resolve discrepancies.
Assist with preparation of renewals for recharge rates of all Cores.
Capital Equipment
Maintain capital equipment activity logs and data, create, submit, and track invoices.
Assist with other equipment and asset inventory and tracking.
Participate in bi-annual asset surveys.
Procurement
Prepare service contract, equipment, and lab supply requisitions in support of our Core facilities.
Maintain electronic procurement records as needed.
Required Qualifications*
Financial Specialist Senior:
Bachelor?s Degree in accounting, finance, business, or related field.
Three to five years of paid experience in related role.
Demonstrated excellent financial knowledge, skills, and experience to support a wide range of financial and business needs in an accurate and effective manner.
Demonstrated experience in utilizing accepted financial principles, practices, and procedures to initiate and reconcile transactions, and generate accurate data, analyze, and make recommendations and prepare reports.
Excellent proficiency in Microsoft Office Suite applications (Excel, PowerPoint, Word), and experience with M-Pathways, M-Reports, Business Objects, or equivalent systems/tools
Demonstrated strong collaborative working style with the ability to work both independently and as a member of a team in a flexible, dynamic environment.
Financial Specialist Intermediate:
Bachelor?s Degree in accounting, finance, business, or related field.
Two to three years of paid experience in related role.
Demonstrated excellent financial knowledge, skills, and experience to support a wide range of financial and business needs in an accurate and effective manner.
Demonstrated experience in utilizing accepted financial principles, practices, and procedures to initiate and reconcile transactions, and generate accurate data, analyze, and make recommendations and prepare reports.
Excellent proficiency in Microsoft Office Suite applications (Excel, PowerPoint, Word), and experience with M-Pathways, M-Reports, Business Objects, or equivalent systems/tools
Demonstrated strong collaborative working style with the ability to work both independently and as a member of a team in a flexible, dynamic environment.
Desired Qualifications*
5 or more years of professional experience in related roles is preferred.
Experience with pre-award grant management.
Experience working in/with recharge operations.
Progressively responsible work experience with financial analysis and forecasting processes in a customer-focused role.
Sound judgment, analytical and decision-making skills.
Excellent communication skills, including the ability to communicate financial information clearly and concisely to all levels of faculty and staff who may have varying degrees of financial knowledge.
Excellent interpersonal and communication skills with ability to build successful relationships with a wide variety of people at all levels.
Work Locations
This position may be eligible for remote and/or flexible work opportunities at the discretion of the hiring department. Flexible work agreements are reviewed annually and are subject to change dependent on the business needs of the hiring department, throughout the course of employment.
Underfill Statement
This position may be underfilled at a lower classification depending on the qualifications of the selected candidate.
Additional Information
Michigan Medicine values a culture of diversity, equity, and inclusion. Here at the Biomedical Research Core Facilities (BRCF), our dedication to customer service is inseparable from our commitment to diversity, equity and inclusion. It is central to our mission as an institutional resource to ensure that each member of our community has full opportunity to thrive in our environment, for we believe that diversity is key to individual flourishing, educational excellence and the advancement of knowledge.
Background Screening
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.
Application Deadline
Job openings are posted for a minimum of seven calendar days. The review and selection process may begin as early as the eighth day after posting. This opening may be removed from posting boards and filled anytime after the minimum posting period has ended.
U-M EEO/AA Statement
The University of Michigan is an equal opportunity/affirmative action employer.
Job Detail
Job Opening ID
238806
Working Title
BRCF Financial Specialist Senior/Intermediate
Job Title
Financial Specialist Senior
Work Location
Ann Arbor Campus
Ann Arbor, MI
Full/Part Time
Full-Time
Regular/Temporary
Regular
FLSA Status
Exempt
Organizational Group
Medical School
Department
MM BRCF Administration
Posting Begin/End Date
9/06/2023 - 9/27/2023
Career Interest
Finance
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