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.
This position is part of the Student Life Budget and Finance (SLBF) department which provides financial and strategic services and support to Auxiliary units, with a focus on Michigan’s University Unions – Michigan Union, Michigan League and Pierpont Commons. In general terms this position provides support in the execution of budgets, financial planning, reporting, and fiscal operations, including variance analysis and long-range forecasting.
Budget Preparation and Analysis - 10%
- Annually, assist the Auxiliary Finance Manager with the preparation and distribution of all budget files and supporting documentation for Auxiliary unit.
- Prepare supporting schedules, research variances, confirm annual cost allocations with numerous University of Michigan departments and validate information as requested by SLBF Auxiliary Finance Manager, Director of Finance, and other Auxiliary Directors.
Financial Reporting, Accounting &Analysis - 40%
- Support the preparation of monthly/quarterly/annual financial statements and projections including variance analysis, budget comparison and written narratives for review by the SLBF Auxiliary Finance Manager to be presented to Student Life senior management.
- In consultation with the SLBF Auxiliary Finance Manager, coordinate accounting transactions between University Unions and other University departments including month-end close and upload of monthly Service Unit Billings and Journal Entries, where applicable.
- Reconcile expenditures and revenues on monthly Statements of Activity and validate accounting practices.
- Prepare accurate notes to the financial statements, balance sheet, cash flow, key indicators, monthly and quarterly revenue reports, monthly sales tax reporting, revenue, monthly and year-end journal entries and other sub-ledgers as part of the financial statements.
- Prepare and complete preliminary review of internal control reports (GAP analysis). Report findings to leadership and work with departments to resolve gaps or issues.
Financial Management - 40%
- Reconcile the Positions Control/Head count for University Unions on a monthly basis; send out monthly AFSCME position control report to managers and directors; adjust appointments with HR and update budget notes
- Work with and answer questions from University Unions managers and directors regarding any accounting and financial issues, including the budget, FTE (Position Control/Head Count) and financial reports.
- Handle all Service Unit Billings related to re-billing within University Unions Departments.
- Develop and track key performance indicators for University Unions departments, as needed.
- Develop models and proformas in support of financial decision making process.
- Stay informed of all GAP and SPG changes that will affect Financial Statement preparation and the accuracy of the Financial Statements.
- Accountable for compliance with GASB, Sarbanes-Oxley, and other regulatory guidance, as applicable.
Other - 10%
- Serve as a customer service contact for University Unions departments.
- Participate on University, Student Life, and SLBF committees and workgroups as assigned.
- Work with Budget & Finance leadership to automate reporting and streamline processes wherever possible.
- Prepare analysis as requested for special studies.
- Bachelor’s degree in business, accounting or finance from an accredited institution
- Minimum of three (3) years of accounting/finance professional experience
- Master’s degree in business, accounting or finance
- Previous working experience in higher education in accounting or finance
- Familiarity with University accounting systems, policies, and procedures
- Proficient in the use of Windows based programs and University systems
- Experience developing reports using Business Objects
- Demonstrated ability to handle confidential information appropriately.
- Demonstrated strength in the following competencies:
- Organizational skills (independently set priorities, manage multiple tasks, & meet multiple deadlines)
- Critical thinking/analytical skills
- Problem solving
- Interpersonal savvy
- Customer service
- Communication – both written and verbal
- Collaborative style
- Proven expertise working with spreadsheets and databases.
- Strong attention to detail, accuracy and timeliness
U-M EEO/AA Statement
The University of Michigan is an equal opportunity/affirmative action employer.