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A cover letter and resume are important submissions for the hiring team to get a sense of your experience. In the cover letter, in one page or less, please let us know how this role aligns with your career aspirations and skills. Submit both a cover letter and resume as one file.

Competitive salary available based on qualifications, experience and education of the selected candidate.

Job Summary

The Finance team in Information Technology Services (ITS) at the University of Michigan is seeking an IT Accounting Analyst to join our team. The successful candidate will oversee the department's maintenance of accounting operations and data entry, ensuring the accuracy and verification of journal entries, accounting classifications, and account reconciliations. This role will involve preparing, consolidating, and analyzing various accounting reports while ensuring compliance with internal policies and industry standards. The analyst will be responsible for developing, maintaining, and updating a range of financial reports, covering expenses, inventories, budget balances, and other ad-hoc reporting needs. The position also encompasses billing, accounts receivable, and payable responsibilities. A firm understanding of current policies, industry standards, and best practices is essential for success in this role. The analyst may also lead or assist with special projects that require strategic thinking and alignment with organizational goals. The ideal candidate will have proven experience in financial analysis, strong analytical skills, and the ability to work collaboratively with different departments.

This position supports and reports directly to the Finance Accounting Manager.
 

Who We Are

Information and Technology Services (ITS) supports U-M faculty, researchers, staff, and students in their use of technology to teach, learn, research, and work, and be leaders in their fields. We are dedicated to creating cohesive digital experiences and promoting university wide innovations. ITS's mission is to be trusted enablers of technology for the U-M community. ITS works together to provide cohesive digital experiences and seamless support to the U-M community. For more information about ITS, visit: https://its.umich.edu/about

Responsibilities*Maintain and ensure the smooth functioning of day-to-day accounting processes within the department.Prepare and analyze reports to ensure compliance with policies and standards.Develop and update financial reports on expenses, inventories, and budgets.Verify journal entries, account classifications, and reconciliations.Monitor budgets, forecasts, and performance reports, including capital funding strategies in collaboration with leadership.Collaborate with senior leadership and department heads to create comprehensive capital funding strategies that support the organization's long-term objectives. Ensure policy compliance through gap analysis and audits.Consult with management, provide recommendations on financial operations, and review business cases for financial requests.Lead or assist with special projects, utilizing strategic thinking to align with organizational goals.Handle billing processes, accounts receivable, and accounts payable efficiently.Maintain a firm understanding of policies, industry standards, and best practices. Provide oversight for account reconciliations, investigate discrepancies and initiate corrections, manage and track department inventories, vendor payments, vendor contracts Cash handling responsibilities include receiving and depositing cash and checks, gift processing, and deposit reconciliation. Required Qualifications*Bachelor's degree in accounting or finance5+ years of progressive experience as an accountant, financial or business analyst, budgeting, forecasting, and financial analysis, including some experience with fund accounting or related experienceExperience interpreting financial data and providing solutions.Excellent analytical organizational and problem-solving skills, strong attention to detail, and ability to handle multiple tasks with varied deadlinesEffective communicator, with an emphasis on customer service skills including excellent writing, speaking, and interpersonal skillsProven ability to work collaboratively with colleagues and stakeholders across all levels of a large, complex organization and contribute to a positive work environmentDesired Qualifications*Master's degree in accounting or financeHigher education experience
 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.

Additional Information

PHYSICAL DEMANDS/WORK ENVIRONMENT

Punctual, regular, and consistent attendance is required. Normal amount of sitting, average mobility to move around an office environment, able to conduct normal amounts of work at a computer. 
 

SCHEDULE

This position is currently hybrid, working in the office on Thursdays and the other four days remote. A remote work agreement is required and will be reviewed and updated at least once every 12 months.
 

Application Deadline

Job openings are posted for at least 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 anytime after the minimum posting period has ended.

U-M EEO/AA Statement

The University of Michigan is an equal opportunity/affirmative action employer.