Edtech.com's Summary

University of Minnesota Foundation is hiring an Accounts Payable Accountant. The role involves processing accounts payable transactions, verifying vendor invoices, managing spreadsheets, preparing reports, and providing administrative support to the Finance team. The position requires excellent communication with internal and external stakeholders and adherence to internal financial controls.

Highlights

Process accounts payable transactions accurately using Emburse Enterprise and DMS accounting systems.
Review vendor invoices, employee expense reimbursements, and purchasing card transactions.
Maintain vendor records and ensure compliance with internal control guidelines and Travel and Expense Policy.
Prepare and analyze financial data using Excel, DMS reporting tools, and Emburse Analytics.
Provide administrative support and communicate effectively with UMF staff, University staff, and external vendors.
Required skills include proficiency with Microsoft Office suite and data entry experience.
Qualifications include a BA/BS or equivalent experience, strong customer service, and communication skills.
Preferred skills include time management, collaboration, analytical abilities, and capability to manage competing priorities.
Compensation ranges from $52,000 to $62,000 annually, depending on experience and qualifications.
The University of Minnesota Foundation is a nonprofit responsible for raising and managing gifts to the University, emphasizing donor relations and financial stewardship.

Accounts Payable Accountant Full Description

Accounts Payable Accountant

Job ID

376559

Location

Twin Cities

Job Family

Finance

Full/Part Time

Full-Time

Regular/Temporary

Regular

Job Code

8221AA

Employee Class

Civil Service

About the Job

This position provides entry-level professional financial support to the University of Minnesota Foundation (UMF) Finance team. Key responsibilities include providing excellent customer service to both internal and external constituents, processing accounts payable, spreadsheet management, preparation of various reports, providing administrative support to the Finance team, and other duties as assigned.

Responsibilities

Accounts Payable Processing (70%)

Process accounts payable transactions accurately, reflecting the disbursement activities of the University of Minnesota Foundation.
Review and verify vendor invoices, employee expense reimbursements, and purchasing card transactions.
Process disbursements within Emburse Enterprise (UMF’s expense software).
Create vendor records in DMS (UMF’s accounting system), verify accuracy in Emburse Enterprise, and deactivate when duplications occur. Collect ACH information.
Confirm adherence to internal control guidelines and UMF’s Travel and Expense Policy.
Backup to processing University of Minnesota (UMN) transfer invoices.
Review, maintain, and update vendor information, including ensuring W-9 forms are on file in Box.
Communicate with UMF staff, University staff, and outside vendors to clarify invoices, payment instructions/timing, and policy requirements.

Accounting Activities (15%)

Prepare and analyze data using Excel spreadsheets, DMS reporting tools, and Emburse Analytics.
Verify Gift Annuity payments and create templates.
Crosstrain on various accounting activities and serve as back up for other areas of Finance.
Perform other duties as assigned.

Administrative Support (15%)

Communication liaison with outside constituents and information distribution to UMF staff.

Qualifications

Required qualifications:

BA/BS or combination of related education and work experience to equal four years
Proven ability to apply knowledge and skill to a recurring task or activity with emphasis on precision and timeliness of execution
Demonstrated customer service experience
Strong verbal and written communication skills
Proven skills in personal computer software including Microsoft Office suite
Demonstrated experience with data entry

Preferred qualifications:

Excellent time managements skills, ability to work independently and as a member of a team, attention to detail
Strong interpersonal and collaboration skills
Demonstrated analytical and problem-solving skills
Ability to manage competing priorities while meeting department deadlines
Ability to set and accomplish goals
Ability to analyze, make decisions, and learn new concepts and techniques

About the Department

At the University of Minnesota Foundation (UMF), our mission is to connect passion with possibility, inspire generosity, and support greatness at the University of Minnesota by placing donors at the heart of everything we do and every decision we make. UMF is a nonprofit organization responsible for raising and managing gifts to the University of Minnesota.

For more information about UMF, please visit https://give.umn.edu/about/about-umf.

Pay and Benefits

Pay Range: $52,000-62,000; 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.

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 [email protected].

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: http://diversity.umn.edu

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.

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