Finance Professional 3

This position provides strategic post-award financial management, non-sponsored account oversight and departmental budget planning for the Department of Biomedical Science (VBS). As the primary finance business partner to the Department Chair and Principal Investigators (PIs), this position ensures fiscal compliance, operational efficiency, and accurate financial forecasting.

Responsibiltiies

70% Financial management and fiscal operations of Sponsored Projects.
* Oversee post-award financial management and accounting for external and internal awards to include transaction reconciliation, cost allocations and compliance auditing.
* Collaborate with pre-award staff during proposal development to establish proposal budgets and ensure transition from pre- to post-award.
* Coordinate with Sponsored Projects Administration (SPA) and Sponsored Financial Reporting (SFR) for financial reporting, communications, award amendments, and project close-outs.
* Prepare monthly, annual, and ad hoc financial reports and projections to maintain proactive award management across all sponsored accounts.
* Facilitate regularly scheduled meetings with PIs to review financial status of projects, analyze spending rends and porjects and advise on regulations and compliance requirements.
* Communicate regularly with project staff to facilitate budget changes and corrections
* Identify financial, operational, and regulatory compliance risks and issues and recommend solutions.
* Coordinate the departmental effort certification process to adhere to institutional and federal effort reporting guidelines.

20% Financial management and fiscal operations of Non-Sponsored Programs
* Assess the departmental financial environment, risks, and opportunities and appraise leadership of overall financial state.
* Recommend solutions to mitigate budget variances and address emerging financial concerns.

10% Departmental Budget Preparation
* Coordinate and construct the annual departmental operating budget in collaboration with Department Chair.
* Assess fiscal performance and advise the Department Chair on budget status, resource allocation, and long-term financial strategy.
* Determine appropriate funding sources and resources needed for departmental operations and special projects

Location and Work Environment

Remote position with expectation to be in person when deemed necessary

Work Schedule

Monday - Friday (8:00 am - 4:30 pm)

All required qualifications must be included in the application materials

Required Qualifications

• BA/BS in Finances, Business Administration, Accounting or a related field plus at least four years of professional financial management experience or a combination of related education and work experience to equal eight years.
• Demonstrated experience working with grants
• Knowledge of and ability to interpret and apply complex institutional, state, and federal financial policies and regulations.
• Interpersonal and communication skills sufficient to advising faculty, researcher and executive leadership on complex financial strategies.

Preferred Qualifications

• Experience working in a higher education research environment.

• Current University of Minnesota (UMN) Certified Approver or ability to gain certification within 12 months of employment.
• Experience with UMN Enterprise Financial System (EFS), HRMS, UMN financial and accounting structure, and reporting systems.

The Finance Team at the College of Veterinary Medicine ensures the financial health, integrity, and sustainability of the college. Our team manages budgeting, financial planning, and resource allocation to support academic programs, research, outreach initiatives, and clinical/diagnostic operations.

Pay Range: $80,000 - $90,000 annually; depending on education/qualifications/experience

Time Appointment: 100% Appointment

Position Type: Civil-Service & Non-Faculty Labor Represented Staff

Please visit the Office of Human Resources website for more information regarding benefit eligibility.

The University 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 Regents Tuition Benefit Program
• 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) opportunity
• Financial counseling services
• Employee Assistance Program with eight sessions of counseling at no cost
• Employee Transit Pass with free or reduced rates in the Twin Cities metro area

While our salary ranges provide a framework, it is important to note that most of the
time, the initial pay may not reach the maximum of the range. This approach ensures
that compensation reflects the value and unique contributions of each candidate while
maintaining equity within our organization. As part of our commitment to fair and
equitable compensation, please be aware that the salary offered to incoming candidates
will be based on their individual credentials and experience.

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

This position will remain open until filled.

To request an accommodation during the application process, please e-mail jobcentr@umn.edu.

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

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.

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 Forbes as a Best Employer for Company Culture (2026), Best Employer for Women (2023, 2025, 2026), and Best Employer by State (2022-2026). In 2026, we also received Culture Excellence & Industry Awards recognition for employee appreciation and work-life flexibility.