University of Minnesota
Finance Specialist
🇺🇸
Twin Cities, MN
🕑
Full-Time
💰
$55K - $65K
💻
Finance
🗓️
July 1st, 2026
Edtech.com's Summary
The University of Minnesota Alumni Association (UMAA) is hiring a Finance Specialist. The role involves managing membership systems and financial operations, reconciling transactions, supporting revenue and audit processes, and collaborating to improve workflows and integrate marketing and finance functions to enhance operational efficiency and customer experience.
Highlights
- Reconcile merchant account and Lockbox transactions; enter deposits into the general ledger
- Manage accounts receivable and payable; prepare monthly journal entries and financial summaries
- Oversee membership transaction lifecycle and systems, ensuring accuracy and positive member experiences
- Analyze transaction data to recommend system and workflow improvements and support revenue projection
- Provide customer service addressing billing discrepancies and payment resolutions for alumni
- Support audit requests, tax filings, and revenue tracking for leadership reporting
- Identify and implement payment tool optimizations and contribute to cross-functional strategic projects
- Require BA/BS degree or equivalent experience and advanced spreadsheet skills (Excel, Google Sheets)
- Preferred background includes accounting or finance coursework
- Compensation ranges from $55,000 to $65,000 annually, depending on experience and qualifications
Finance Specialist Full Description
Finance Specialist
Job ID
374354
Location
Twin Cities
Job Family
Finance
Full/Part Time
Full-Time
Regular/Temporary
Regular
Job Code
8221FG
Employee Class
Civil Service
About the Job
The Finance Specialist plays a critical role in optimizing membership and financial operations, ensuring efficient systems, accurate data, and a seamless user experience. This role bridges marketing, membership, and finance by managing membership systems, resolving transaction-related issues, supporting financial reconciliations, and integrating operational processes with marketing initiatives. By leveraging technology, automation, and data insights, the coordinator enhances operational efficiency, improves customer satisfaction, and supports revenue growth. Additionally, this role collaborates cross-functionally to refine workflows, implement process improvements, and contribute to strategic initiatives that advance UMAA’s success.
General Financial Operations (50%)
- Reconcile credit card merchant account payment gateway activity vs. on-line source transactions through batch processing. Enter deposit information into the general ledger.
- Reconcile Lockbox check and credit card activity through batch processing. Enter deposit information into the general ledger.
- Prepare financial summaries used for reconciling the bank statement.
- Manage accounts receivable and accounts payable processes, ensuring compliance with financial policies.
- Prepare monthly journal entries.
- Provide support with audit requests and tax filings.
Revenue Program Finance Operations (35%)
- Manage the full lifecycle of membership transactions, from processing payments to resolving issues, ensuring an efficient, accurate, and positive member experience. Maintain transaction records and provide audit support for member revenues.
- Oversee and optimize membership systems and platforms, ensuring they support seamless transactions, recurring revenue models, and customer expectations.
- Monitor and analyze transaction data to identify workflow improvements, recommend system enhancements, and project revenue.
- Provide direct, professional customer service to alumni regarding complex billing discrepancies and payment resolutions.
- Serve as the primary resource on payment methods, subscription models, and revenue-driving system integrations, keeping pace with industry best practices.
- Maintain membership revenue trackers and run routine team reports to assist leadership with planning.
Systems Optimization & Process Innovation (10%)
- Identify system inefficiencies and assist with testing or implementing new payment tools and workflows.
- Support general revenue activity beyond membership, including partnerships and other income streams, by creating systems that accelerate payments and ease transactions.
- Guide or contribute to cross-functional projects aimed at advancing UMAA’s strategic priorities.
Non‐Essential Functions: (5%)
- Other duties as assigned.
- Provide support at major UMAA events.
Qualifications
Minimum Qualifications:
- BA/BS degree , or a combination of related education and full-time work experience to equal at least four years.
- Advanced skills in spreadsheets (MS Excel, Google sheets) including pivot tables, complex formulas and data analysis
- Detail oriented and able to enter data accurately and efficiently
- Strong organizational skills. Able to prioritize tasks effectively and meet accounting and compliance deadlines
Preferred Qualifications:
- Bachelor’s degree in Accounting or Finance; coursework in accounting principles.
About the Department
The University of Minnesota Alumni Association (UMAA) fosters a lifelong spirit of belonging and pride by connecting alumni, students, and friends to the University of Minnesota and each other. The Association advocates for the University and its alumni with a credible, independent, and collaborative voice.
Pay and Benefits
Priority Application Deadline: July 10, 2026
Pay Range: $26.45-$31.25 ($55,000-$65,000) depending on education/qualifications/experience
Time Appointment: 100%-time 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] 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: 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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