Apply for Job Job ID370907 LocationTwin Cities Job FamilyFinance Full/Part TimeFull-Time Regular/TemporaryRegular Job Code8223TE Employee ClassCivil Service Add to Favorite Jobs Email this Job About the Job Working Title: Senior Accountant Classification: 8223TE - Fin Pro 3-Tech Acctng Position Overview: The University of Minnesota is looking for a Senior Accountant to join our Debt Management team. If you're an experienced accountant from a financial services industry, public accounting firm or governmental entity, this is an excellent opportunity to apply your skills in a large, complex, and dynamic environment. As a key member of our team, you'll be responsible for a wide range of financial duties related to the University's external debt and internal loan programs. Your work will involve performing accounting entries related to the University debt program, ensuring accuracy and system reconciliation, tracking internal loans, and supporting our efforts on the issuance of financial instruments in the debt capital markets. You'll play a vital role in post-issuance compliance, helping to ensure the University meets all regulatory and reporting requirements. This role is perfect for someone who is detail-oriented, enjoys financial analysis, and wants to expand their expertise beyond traditional banking. You'll report directly to the Director of Debt Management and will have the opportunity to collaborate with our Accounting Services department, giving you exposure to a broad range of financial operations. Work environment: Hybrid (minimum three days in the office) Job Responsibilities Accounting Responsibilities (50%) Complete analysis and reconciliation of debt-related balance sheet funds and accounts and execute journal entries as needed. Ensure complete execution of internal lending programs through the preparation and analysis of monthly, quarterly, and annual schedules for debt. Prepare and execute journal entries as required. Validate all transactions related to University debt and analyze the ending general ledger balance sheet accounts related to debt. Review and validate all debt accounts with the University's custodial bank, bond documents, and general ledger balance sheet amounts. Prepare any necessary journal entries to record monthly debt draws or interest transactions or any other reconciliation adjustment. Support the annual external financial audit by preparing internal and external deliverables (schedules, footnotes and other analysis workpapers) related to the debt portion of the financial statement, including the preparation of audit schedules, footnotes and supporting documentation. Assist with the oversight, simplification or design of key accounting processes and responsibilities as well as the development and implementation of changes in related debt accounting policies and procedures to ensure compliance with accounting principles (including implementation of applicable GASBs) and other external regulations. Promote organizational excellence by collaborating with departments to resolve any unrecorded transactions. Collaborate with Accounting Services on chart of accounts changes and accounting practices for various University debt and capital financing activities. Monitor and review all PeopleSoft assigned balances processed transactions as needed to ensure accurate and consistent reporting and reconciliation activity. Debt Management Responsibilities (50%) Maintain and ensure accuracy of internal lending programs database. Assist in the preparation of the annual budget for the Debt Management operating and various bond funds. Assist in the preparation of annual continuing disclosure reports related to the University's external debt in accordance with the Securities and Exchange Commission Rule 15c2-12. Coordinate updates to relevant content on the Debt Management website. Assist in the preparation of debt amortization schedules, financial memorandums and maintain required documentation related to the University's internal lending programs. Assist with specialized and ad hoc debt and capital financing forecasts and analyses needed for the Board of Regents meetings and various committees. Other duties as assigned. Qualifications Required Qualifications (please document on the resume): Bachelor's degree plus four (4) years of experience in accounting, debt management, treasury, finance or related experience OR a combination of related education and work experience to equal eight years. Experience in accounting, treasury, debt management, or reporting and analysis. Familiarity with generally accepted accounting principles (GAAP). Strong interest in creating analytical narratives for the benefit of senior leadership. Demonstrated proficiency with spreadsheets, databases, or other query tools and financial systems. Demonstrated attention to detail. Ability to maintain relationships with both internal and external communities. Ability to work effectively as a member of a team. Preferred Qualifications (please document on the resume): Experience in the banking or credit union industry. Experience with municipal or public finance. Financial analysis and modeling skills. Pay and Benefits Pay Range: $75,000 - $87,500; depending on education/qualifications/experience Time Appointment: 100% Appointment Position Type:Civil-Service 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. 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... For full info follow application link. 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.
