What are the responsibilities and job description for the Financial Specialist Associate (Hybrid/On Campus) position at University of Michigan?
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.
Job Summary
Since 1841, the College of Literature, Science, and the Arts (LSA) has been the heart of The Michigan Difference, educating young leaders through a rich liberal arts curriculum and creating new knowledge through world-class research and scholarship. We offer more than 100-degree programs in over 75 academic departments and programs. Learn more about LSA at http://www.lsa.umich.edu/.
As part of the largest College at the University of Michigan, LSA Finance employs more than 100 staff who provide financial, procurement, and research administration support to over 100 units. LSA Finance is seeking a finance professional to provide financial and research administration support services to LSA business offices. The Financial Specialist Associate is a key member of the business office serving multiple units. This role requires excellent interpersonal skills to partner with colleagues at all levels and within multiple University offices.
Responsibilities*
This position is the LSA business office liaison to assigned LSA units, working closely with LSA chief administrators and various stakeholders. Key responsibilities include providing accounting
services for processes such as Guest and Student Reimbursements (TBHER) and PeoplePay requests, utilizing M-Pathways and interfacing with the SSC as needed. The role entails receiving information from department faculty, staff, and administrators to prepare paperwork or process online submissions, ensuring compliance with LSA and UM policies, tracking transactions within the system to ensure proper payment, and completing timely processing. Additionally, the position ensures that journal entries are accurate, correctly coded, and compliant with regulations and requirements.
The Financial Specialist will initiate accounts receivable and accounts payable responsibilities, assist with handling lump sum/cash advance requests and reconciliation, visa requests, SVC requests, and general accounting tasks such as journal entries, fund transfers, chartfield maintenance, recharge activity processing, and royalties tracking and distribution.
On-campus cash handling responsibilities include receiving and depositing cash and checks, processing gifts, and reconciling deposits.
In addition, the role involves assisting other members of the LSA Finance team as needed and participating in continuous process improvement efforts to enhance the efficiency and effectiveness of financial operations within the department.
Required Qualifications*
Bachelor's degree or equivalent combination of education and experience, preferably in a financially related field, required. Excellent, demonstrated customer service skills are essential as customer service is core to the mission of LSA Finance. In addition, candidates must have the ability to develop and implement procedures, prepare reports, and handle sensitive and confidential information appropriately. Some financial analysis will be required. Well-developed interpersonal skills, the ability to work with diverse groups of customers, and demonstrated competence in verbal and written communication are all required. Mastery of Excel and comfort with changing technology are essential. Must have the ability to work in a team environment and collaborate effectively with co-workers. Candidates must attend to detail, exhibit sound judgment, follow work through to completion, and meet high work standards.
Modes of Work
Positions that are eligible for hybrid or mobile/remote work mode are at the discretion of the hiring department. Work agreements are reviewed annually at a minimum and are subject to change at any time, and for any reason, throughout the course of employment. Learn more about the work modes.
Work Locations
Flexible Work Arrangements
As part of the University of Michigan's Future Work Initiative and LSA Finance's Flexible Work Arrangements, this position offers the option to work either on campus or remotely. However, periodic on-campus presence is required throughout the year to support intentional collaboration, team building, and engagement. On-campus work may also be necessary when a project, assignment, or customer need benefits from in-person interaction. In addition, participation in required on-campus deposit activities will occur on a rotational basis. Employees are responsible for any travel planning and related expenses associated with coming to campus.
Additional Information
As one of the world's great liberal arts and sciences colleges, LSA pushes the boundaries of what is understood about the human experience and the natural world, and we foster the next generation of rigorous and empathetic thinkers, creators, and contributors to the state of Michigan, the nation, and the world.
To learn more about LSA's Mission, Vision and Values, please visit lsa.umich.edu/strategicvision.
Mission Statement
The mission of the University of Michigan is to serve the people of Michigan and the world through preeminence in creating, communicating, preserving and applying knowledge, art, and academic values, and in developing leaders and citizens who will challenge the present and enrich the future.
Background Screening
The University of Michigan conducts background checks on all job candidates upon acceptance of a contingent offer and may use a third party administrator to conduct background checks. Background checks are performed in compliance with the Fair Credit Reporting Act.
Application Deadline
Job openings are posted for a minimum of seven calendar days. The review and selection process may begin as early as the eighth day after posting. This opening may be removed from posting boards and filled any time after the minimum posting period has ended.
U-M EEO Statement
The University of Michigan is an Equal Opportunity Employer. We are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants, including protected veterans and individuals with disabilities.
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.
Job Summary
Since 1841, the College of Literature, Science, and the Arts (LSA) has been the heart of The Michigan Difference, educating young leaders through a rich liberal arts curriculum and creating new knowledge through world-class research and scholarship. We offer more than 100-degree programs in over 75 academic departments and programs. Learn more about LSA at http://www.lsa.umich.edu/.
As part of the largest College at the University of Michigan, LSA Finance employs more than 100 staff who provide financial, procurement, and research administration support to over 100 units. LSA Finance is seeking a finance professional to provide financial and research administration support services to LSA business offices. The Financial Specialist Associate is a key member of the business office serving multiple units. This role requires excellent interpersonal skills to partner with colleagues at all levels and within multiple University offices.
Responsibilities*
This position is the LSA business office liaison to assigned LSA units, working closely with LSA chief administrators and various stakeholders. Key responsibilities include providing accounting
services for processes such as Guest and Student Reimbursements (TBHER) and PeoplePay requests, utilizing M-Pathways and interfacing with the SSC as needed. The role entails receiving information from department faculty, staff, and administrators to prepare paperwork or process online submissions, ensuring compliance with LSA and UM policies, tracking transactions within the system to ensure proper payment, and completing timely processing. Additionally, the position ensures that journal entries are accurate, correctly coded, and compliant with regulations and requirements.
The Financial Specialist will initiate accounts receivable and accounts payable responsibilities, assist with handling lump sum/cash advance requests and reconciliation, visa requests, SVC requests, and general accounting tasks such as journal entries, fund transfers, chartfield maintenance, recharge activity processing, and royalties tracking and distribution.
On-campus cash handling responsibilities include receiving and depositing cash and checks, processing gifts, and reconciling deposits.
In addition, the role involves assisting other members of the LSA Finance team as needed and participating in continuous process improvement efforts to enhance the efficiency and effectiveness of financial operations within the department.
Required Qualifications*
Bachelor's degree or equivalent combination of education and experience, preferably in a financially related field, required. Excellent, demonstrated customer service skills are essential as customer service is core to the mission of LSA Finance. In addition, candidates must have the ability to develop and implement procedures, prepare reports, and handle sensitive and confidential information appropriately. Some financial analysis will be required. Well-developed interpersonal skills, the ability to work with diverse groups of customers, and demonstrated competence in verbal and written communication are all required. Mastery of Excel and comfort with changing technology are essential. Must have the ability to work in a team environment and collaborate effectively with co-workers. Candidates must attend to detail, exhibit sound judgment, follow work through to completion, and meet high work standards.
Modes of Work
Positions that are eligible for hybrid or mobile/remote work mode are at the discretion of the hiring department. Work agreements are reviewed annually at a minimum and are subject to change at any time, and for any reason, throughout the course of employment. Learn more about the work modes.
Work Locations
Flexible Work Arrangements
As part of the University of Michigan's Future Work Initiative and LSA Finance's Flexible Work Arrangements, this position offers the option to work either on campus or remotely. However, periodic on-campus presence is required throughout the year to support intentional collaboration, team building, and engagement. On-campus work may also be necessary when a project, assignment, or customer need benefits from in-person interaction. In addition, participation in required on-campus deposit activities will occur on a rotational basis. Employees are responsible for any travel planning and related expenses associated with coming to campus.
Additional Information
As one of the world's great liberal arts and sciences colleges, LSA pushes the boundaries of what is understood about the human experience and the natural world, and we foster the next generation of rigorous and empathetic thinkers, creators, and contributors to the state of Michigan, the nation, and the world.
To learn more about LSA's Mission, Vision and Values, please visit lsa.umich.edu/strategicvision.
Mission Statement
The mission of the University of Michigan is to serve the people of Michigan and the world through preeminence in creating, communicating, preserving and applying knowledge, art, and academic values, and in developing leaders and citizens who will challenge the present and enrich the future.
Background Screening
The University of Michigan conducts background checks on all job candidates upon acceptance of a contingent offer and may use a third party administrator to conduct background checks. Background checks are performed in compliance with the Fair Credit Reporting Act.
Application Deadline
Job openings are posted for a minimum of seven calendar days. The review and selection process may begin as early as the eighth day after posting. This opening may be removed from posting boards and filled any time after the minimum posting period has ended.
U-M EEO Statement
The University of Michigan is an Equal Opportunity Employer. We are committed to providing an environment of mutual respect where equal employment opportunities are available to all applicants, including protected veterans and individuals with disabilities.
Salary : $52,000 - $61,800