Financial Specialist

Join the University of Michigan IHPI team as a Financial Specialist on a one-year term contract to support day-to-day financial and research administration transactions. Reporting to the Senior Finance Lead, this role offers the potential for renewal contingent on funding and is based on the Ann Arbor campus with a hybrid work arrangement.

Benefits

• Excellent medical, dental, and vision coverage effective on your first day
• 2:1 retirement match to support long-term financial security

Responsibilities

• Use monthly statement of activity reports to update project and program budget tracking spreadsheets
• Maintain and improve models to support financial decision-making
• Participate in long-range forecast exercises
• Collaborate with Medical School finance to troubleshoot identified financial issues
• Process financial transactions such as accounts receivable, journal entries, and non-PO vouchers
• Partner with U-M Shared Services to leverage existing transaction services and improve unit efficiency
• Conduct monthly reviews of statement of activity, detail, and gross pay register statements for accuracy
• Track staff effort to assist with budgeting and create PARs in the Human Resources system for numerous FTE transactions
• Coordinate pre- and post-award research needs and financial transactions with the UMMS Grant Services & Analysis Office
• Collaborate with IHPI strategic initiative teams to prepare grant proposal budgets and narratives
• Conduct effort reviews with IHPI team managers for staff with complex multi-fund funding arrangements
• Provide project financial analysis and advising
• Prepare annual multi-fund budget templates and work with the Senior Finance Lead through the entire budget process, coordinating with IHPI functional teams and leadership
• Work with IHPI teams to understand budget variances and provide guidance on appropriate budget and shortcode usage
• Assist in the annual Internal Controls Certification and update departmental documentation
• Partner with U-M Procurement to develop and process vendor contracts and agreements
• Process vendor invoices by creating requisitions/POs and reconcile against agreements and project budgets
• Serve as a go-to resource for travel and expense guidelines and review expense reimbursements and procurement card reports
• Prepare MOUs to document and track Institute commitments
• Undertake other analysis and duties as assigned by the Senior Finance Lead or the Director and Managing Director of IHPI

Requirements

• Bachelor's degree in Business with a focus in Accounting or Finance, plus 2+ years of related finance or budget management experience
• Strong time management with the ability to handle multiple deadline-driven projects
• Effective spoken and written communication skills
• Highly organized and detail-oriented
• Excellent work ethic, positive attitude, and willingness to learn
• Ability to interact with and build professional relationships with individuals at all levels
• Exceptional interpersonal skills with the ability to work independently and as part of a team with minimal supervision
• Forward-planning, prioritization, and problem-solving abilities
• Proficiency in Microsoft Office (Word, Excel, PowerPoint) and file storage portals, plus familiarity with web-based tools and related software

Technologies

• Microsoft Word
• Microsoft Excel
• Microsoft PowerPoint
• Finance BI
• Business Objects
• MReports
• MPathways systems
• Emburse