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How to Apply

A cover letter and resume are required; the cover letter must be PAGE 1 of your resume. The letter should:

1.  Specifically outline the reasons for your interest in the position;

2.  Outline your particular skills and experience that directly relate to this position; and

3. Include your current or ending salary.

Starting salary may vary depending on qualifications and experience of the selected candidate.

Job Summary

Information and Technology Services provides technology and communications services in support of U-M Ann Arbor's academic and research needs.  ITS also manages the administrative computing systems and executes the IT security strategy for the Ann Arbor campus, Michigan Medicine and two regional campuses, Flint and Dearborn.  Information and Technology Services (ITS) has an immediate opening for an Accounting Senior in our Finance area.  The main responsibilities of the position will include:

  • Preparing and consolidating statements and various other accounting statements and reports taking into consideration policies, industry standards, procedures and requirements for assigned areas.
  • Creating and monitoring budgets.  
  • Analyzing financial reports and records comparing to budgets and making recommendations relative to the accounting reserves, assets and expenditures.  
  • Reviewing and verifying the accuracy of journal entries and accounting classifications assigned to various records. 
  • Creating both standard and ad hoc reports showing expenses, inventories and budget balances.  
  • Maintaining records of actual operating figures.  
  • Opening, closing and modifying chartfields, providing oversight for account reconciliations, investigating discrepancies and initiating corrections, managing and tracking department inventories, vendor payments, vendor contracts, etc..
  • Performing analytical studies and conversion of data into concise understandable reports.

 

ITS Administration Mission Statement:

We are administrative partners and stewards that provide support to equip and mobilize ITS to achieve its mission.

Responsibilities*

  • Develop, review, monitor and analyze budgets, create and update forecasts and performance reports.
  • Build complex models to support 5-year outlooks, trends and analysis in the support of new services for the purpose of projecting and accounting for expected financial outcomes.
  • Review and approve University internal recharge rates to ensure compliance with A-21 and University policy.  Participate in the comprehensive recharge rate review process for the purpose of accounting and billing of services.
  • Collaborate with management to create monthly reports that are transparent and that provide a path for decision making.
  • Understand, utilize and develop customized reports and use of tools that are available in the department and at the university.
  • Monitor business transactions for accuracy and appropriateness of revenue/expenditures, including staffing plan statistics, non-salary expense data, expenditures, inventory, assets, etc., investigate and resolve financial discrepancies.
  • Develop partnerships and consultations with the management teams of each department in an effort to increase the business and operational understanding that allows for sound recommendations relative to accounting and financial matters of services being provided.
  • Conduct special studies or recommendations relative to the accounting of reserves, assets and expenditures.
  • Have a firm understanding and application of current policies, industry standards, procedures and requirements and University Standard Practice Guides (SPGs).   
  • Reviews monthly financial transaction reports and assess any issues in accordance with current written procedures.  Initiates corrections or adjustments of financial transactions, as appropriate.  Submits corrections with required approval and communicates directly to management any material findings during course of review.  Verifies proper financial controls are incorporated into routine financial processes.
  • Analyze financial performance of assigned areas and summarize findings to management in accurate and timely internal reports.  Create ad hoc reports and reports for management, as requested.
  • Review/monitor account reconciliations, investigate discrepancies and initiate corrections.  Develop business cases to support financial requests or service changes/improvements.  Prepare narrative documents, clearly outlining the approach, analysis, assumptions and conclusions for the business case.  Provide scenarios/options and recommend a plan of action based on the business case conclusions.
  • Maintains and updates standing monthly forecast reports for operating and project budgets.  Ensures the integrity and accuracy of monthly reports.
  • Monitors operations for compliance with internal procedures and policies.  Assists in completion of internal control certifications including creating business processes to ensure compliance.  Assists in monthly and fiscal year end closing and the annual budget process.
  • Complete gap analysis and perform random audits.
  • Demonstrates effective leadership, interpersonal and communication skills and quality service as evident by the ability to successfully direct the operations of the team resulting in compliance with standards; effective vendor and partner negotiations; and delivery of enterprise business solutions that provide consistency and dependability while meeting customer and organizational expectations.
  • Demonstrates effective problem solving, accountability and communication skills when developing and approving staffing plans and schedules, proposals and budgets resulting in effective planning and appropriate use of funds and resources.
  • Assist with and/or lead additional projects/activities.  This may include:  collaborating on organization special projects; creating ad hoc queries and reports, as requested; explaining reports, etc.. 
  • Effectively utilizes leadership and strategic thinking skills to; contribute to strategic planning efforts to define the strategy for the assigned product area; collaborate across the organization to plan and coordinate team priorities, resulting in: setting and approving operational priorities for the team in the context of the larger picture of organizational goals and strategy; and effective collaboration across the organization and project completion that meets requirements and quality expectations and is on time.

Required Qualifications*

  • A Bachelor’s degree in business administration, finance or a related field with a thorough understanding of accounting and financial principles.
  • Five (5) or more years of progressive experience as an accountant, financial or business analyst, budgeting, forecasting and financial analysis, including some experience with fund accounting or related experience.
  • Strong knowledge and understanding of how to develop business charters and business cases.
  • Strong interpersonal skills including the ability to effectively communicate and work with a variety of individuals and units.
  • Demonstrated knowledge and skills in analysis.
  • Strong verbal and written communication skills.
  • Proficiency with word processing, spreadsheet and collaboration applications.

Demonstrated experience/ability to:

  • Develop complex financial models and analyze complex data.
  • Interpret and communicate sensitive financial data and complex issues to a varied audience through advanced writing skills and/or clearly developed presentations skills - including preparation of business cases and proposals.
  • Interpret financial data and provide solutions.
  • Write reports and present financial information in a clear and precise manner.
  • Deliver great customer service.
  • Adapt to rapidly changing work assignments and priorities.

Desired Qualifications*

  • Master’s Degree and/or CPA License/CMA Certification.
  • Understanding of ERP systems including the ability to retrieve required data using data warehouse query tools.
  • Knowledge of fund accounting principles.
  • Familiarity with Federal A-21 requirements.

  
Organizational Competencies:

Employees are expected to demonstrate the following organizational competencies:
 

  • Building Relationships / Interpersonal Skills:  Respects diversity; demonstrates respect for the opinion of others; values each person's contribution to the team.  Demonstrated ability to develop and maintain positive and cooperative relationships, inside and outside of work group, interacting in a friendly, open, honest and accepting manner.  Demonstrated ability to address and manage conflict and offer constructive criticism and feedback in a positive manner.
  • Creative Problem Solving / Strategic Thinking:  Demonstrated ability to provide necessary attention to solve different level problems, often multitasking to solve moderate level problems.  Defines problems, analyzes causes, identifies possible solutions, selects the best solution and develops action plans.  Generates new ideas and goes beyond the status quo.  Demonstrated ability to use creative thinking to improve processes and solve complex problems.  Plans and acts strategically, analyzing data and utilizing trend information.
  • Communication:  Demonstrated ability to communicate clearly, correctly, knowledgeably and effectively both verbally and in writing.  Demonstrated ability to communicate about complex topics effectively to groups, using visual aids as needed, varying style to fit the audience.
  • Flexibility / Adaptability to Change:  Proactively proposes and implements changes: surfaces resistance to change; works to diminish resistance; and organizes resources to effectively implement large-scale change.
  • Leadership / Achievement Orientation:  Demonstrated experience acting to address current issues, respond quickly and effectively in a crisis, determining future priorities and leading ad hoc or project teams.  Demonstrated ability to develop specific action plans, achieve deadlines or milestones, accept accountability for mistakes, take corrective action, exercise positive influence and resolve team conflicts with finesse.
  • Quality Service:  Demonstrated stewardship in understanding and helping others to understand the impact of recommendations to both short-term and long-term needs of the organization.  Develops strategic partnerships with customers based on in-depth understanding of the customer’s objectives/business and leads customers to new ways of working using products and services.

Additional Information

Physical Demands/Work Environment:

May require travel to various locations in buildings on campus.  May require working during non-business hours and on weekends.  Responsible for protecting data and information from unauthorized release or from loss, alteration or unauthorized deletion; and, following applicable regulations and instructions regarding access to computerized files, release of data, etc. as stated in a computer access agreement.  Responsible for the handling of financial & HR information with sensitivity and confidentiality. 

 

Diversity, Equity and Inclusion Statement:

The University of Michigan Information and Technology Services seeks to recruit and retain a diverse workforce as a reflection of our commitment to serve the diverse people of Michigan, to maintain the excellence of the University and to offer our students richly varied disciplines, perspectives and ways of knowing and learning.

Application Deadline

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.

U-M EEO/AA Statement

The University of Michigan is an equal opportunity/affirmative action employer.