Assistant Director for Financial Services
Minneapolis, MN  / Saint Paul, MN 
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Posted 13 days ago
Job Description
Job ID
360722
Location
Twin Cities
Job Family
Finance
Full/Part Time
Full-Time
Regular/Temporary
Regular
Job Code
9342FG
Employee Class
Acad Prof and Admin
About the Job

CLA Fiscal Administration is organized into two major workgroups, the Financial Services team and the Budget team. The Assistant Director for Financial Services is responsible for the overall supervision of CLA's Financial Services Staff and the leadership and administration of the business and financial accounting processes within the College of Liberal Arts (CLA). This position also serves as CLA's financial services cluster director, which is a key liaison between the College and central university administrative units.


The CLA Financial Services team is divided into two subgroups of 8-10 accountants, each led by a Financial Manager (who are the two direct reports to the Assistant Director). The accountant teams include Financial Professionals (staff accountants) and a couple of Principal Account Specialists (voucher specialists). Each accountant has a "consultant-client" relationship with an assigned portfolio of some of CLA's approximately 47 academic and administrative units. The job of the accountant staff is to assist departments with financial administration and management, including regular reporting, review and approval of financial transactions (requisitions, reimbursements, purchasing, transfers, adjustments, etc.), as well as working with unit administration on year-end closeout and annual budget entry.


The Assistant Director reports to the CLA's Chief Financial Officer (CFO).

The College of Liberal Arts (CLA) is the largest college at the University of Minnesota. Home to the arts, social science, humanities, and communications disciplines and programs, the College of Liberal Arts comprises 31 academic departments, and over 20 interdisciplinary research centers and administrative/support units. CLA has over 1300 faculty and staff implementing our mission. The College of Liberal Arts is located across 31 buildings of the University of Minnesota Twin Cities, primarily on the east and west banks of the Minneapolis campus. CLA enrolls nearly 13,000 undergraduate students, over 40% of the undergraduate enrollment on the Twin Cities campus, about 1,500 graduate students, and has an annual all-funds budget of approximately $300 million.

Responsibilities:


Team Leadership (50%)

  • Oversee the supervision of the CLA Fiscal Services teams Includes recruiting, screening, hiring, coordinating training
  • Coordinating annual performance reviews of the Financial Services team (as may be delegated to CLA Financial Managers)
  • Supervise CLA Financial Services Financial Managers (team leads).
  • Create a positive work environment and promote professional development.
  • Make recommendations to CFO regarding compensation, organizational structure and staffing levels to best meet the needs of the college and the CLA units served by the teams.
  • Facilitate collaboration between Fiscal Services team and CLA Budget team, as necessary.

Financial Management (25%)

  • Serve as Revenue Responsibility Center (RRC) Finance Cluster Director for College of Liberal Arts. The cluster director is a key liaison between central university administrative offices and the CLA fiscal and business support staff for business processes and procedures. University documentation defines this role more specifically.
  • Provide oversight of on-line access and signature authorizations.
  • Serve as primary delegate for certain levels of approval, including but not limited to:
    • Approve PCard applications
    • Approve Access Request Forms (ARF)
    • Approve Time & Absence for my direct reports.
    • Approve Payroll Verification Report for the Financial Service Teams (bi-weekly)
    • Approve actions that we request be done by the Controller's Office. For example, if a transaction is sitting in the wrong queue, the Controller's office can make the transfer but they require Cluster Director approval.
    • Level two transaction approvals (over $10,000) when the CLA Budget Director is unavailable or for transactions initiated by the Budget Director.
  • Travel expense policy interpretation and reconciliation, including evaluation and approval/denial of ChromeRiver tickets (RRC responsibility from the CLA CFO)
  • Other delegations as determined by the CFO

Business Process and Policy Development, Improvement & Communication (25%)

  • Maintain sound financial management and business processes that support the day-to-day operations.
  • Lead initiatives to improve financial management and reporting, information systems, business processes, and other administrative functions.
  • Help units resolve accounting issues.
  • Ensure consistent level of financial reporting to departments.
  • Coordinate information flow to CLA personnel around accounting and financial management policies and procedures.
  • Audiences include, but not limited to, CLA chairs & school directors, unit leaders, department administrators and preparers, and CLA Financial Services team
  • This includes convening regular (quarterly) forums with department administrators, department preparers, and the CLA financial services team to review, update, introduce, and discuss business policies and best practices and procedures.

Qualifications
Required Qualifications:
  • Bachelor's degree with a major in accounting, business administration, or a related field and a minimum of eight years of accounting or financial analysis experience.
  • Proven experience in a supervisory or leadership role.
  • Work experience in a higher education setting, including knowledge of fund accounting and grants management.
  • Strong interpersonal, written, and oral communication skills.
  • Detail-oriented, strong project management skills. Demonstrated ability to work collaboratively.
  • Process improvement and change initiatives experience.
  • Experience with spreadsheets, databases, and accounting systems.
Preferred Qualifications:
  • 6-10 years of experience in handling advanced accounting transactions in the areas of purchasing, payroll, fund accounting structures, and sponsored programs ("grants").
  • 8-10 years of supervisory experience leading service teams including experience with recruiting, screening, hiring, training and evaluating employees.
  • Master's degree in accounting, business administration or a related field.
  • Experience in navigating successful organizational restructuring initiatives, enhancing efficiency, and fostering team synergy amidst change.
  • Work experience relevant to budgeting, payroll, and fiscal management in a large university setting.
  • Ability to negotiate and mediate delicate situations.
  • Experience in providing training both one-on-one and in groups.
  • Experience with the University of Minnesota financial systems, EFS (Enterprise Financial System), HRMS (People Soft Human Resources), ECRT (Effort Certification), ART (Account Reporting Tool), UM Analytics, and EGMS (grants management software / converting to MNGEMS as of 4-29-2024)
Benefits

Working at the University

At the University of Minnesota, you'll find a flexible work environment and supportive colleagues who are interested in lifelong learning. We prioritize work-life balance, allowing you to invest in the future of your career and in your life outside of work.

The University also offers a comprehensive benefits package that includes:

  • Competitive wages, paid holidays, and generous time off
  • Continuous learning opportunities through professional training and degree-seeking programs supported by the
  • Low-cost medical, dental, and pharmacy plans
  • Healthcare and dependent care flexible spending accounts
  • University HSA contributions
  • Disability and employer-paid life insurance
  • Employee wellbeing program
  • Excellent retirement plans with employer contribution
  • Public Service Loan Forgiveness (PSLF)
  • Financial counseling services
  • Employee Assistance Program with eight sessions of counseling at no cost
  • with free or reduced rates in the Twin Cities metro area

Please visit the for more information regarding benefits.

How To Apply

Applications must be submitted online. To be considered for this position, please click the Apply button and follow the instructions. You will be given the opportunity to complete an online application for the position and attach a cover letter and resume.

Additional documents may be attached after application by accessing your "My Job Applications" page and uploading documents in the "My Cover Letters and Attachments" section.

To request an accommodation during the application process, please e-mail employ@umn.edu or call (612) 624-8647.

Diversity

The University recognizes and values the importance of diversity and inclusion in enriching the employment experience of its employees and in supporting the academic mission. The University is committed to attracting and retaining employees with varying identities and backgrounds.

The University of Minnesota provides equal access to and opportunity in its programs, facilities, and employment without regard to race, color, creed, religion, national origin, gender, age, marital status, disability, public assistance status, veteran status, sexual orientation, gender identity, or gender expression. To learn more about diversity at the U:

Employment Requirements

Any offer of employment is contingent upon the successful completion of a background check. Our presumption is that prospective employees are eligible to work here. Criminal convictions do not automatically disqualify finalists from employment.

About the U of M

The University of Minnesota, Twin Cities (UMTC)

The University of Minnesota, Twin Cities (UMTC), is among the largest public research universities in the country, offering undergraduate, graduate, and professional students a multitude of opportunities for study and research. Located at the heart of one of the nation's most vibrant, diverse metropolitan communities, students on the campuses in Minneapolis and St. Paul benefit from extensive partnerships with world-renowned health centers, international corporations, government agencies, and arts, nonprofit, and public service organizations.

At the University of Minnesota, we are proud to be recognized by the Star Tribune as a Top Workplace for 2021, as well as by Forbes as Best Employers for Women and one of America's Best Employers (2015, 2018, 2019, 2023), Best Employer for Diversity (2019, 2020), Best Employer for New Grads (2018, 2019), and Best Employer by State (2019, 2022).


The University recognizes and values the importance of diversity and inclusion in enriching the employment experience of its employees and in supporting the academic mission. The University is committed to attracting and retaining employees with varying identities and backgrounds.

The University of Minnesota provides equal access to and opportunity in its programs, facilities, and employment without regard to race, color, creed, religion, national origin, gender, age, marital status, disability, public assistance status, veteran status, sexual orientation, gender identity, or gender expression. To learn more about diversity at the U: http://diversity.umn.edu.

 

Job Summary
Start Date
As soon as possible
Employment Term and Type
Regular, Full or Part Time
Required Education
Bachelor's Degree
Required Experience
8+ years
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