Financial Accounting and Budget Specialist

Position Information

Posting Details


Posting Number
046488

Position Title
Financial Accounting and Budget Specialist

Number of Vacancies
1

School/College/Division/Institutes/Centers
06 - School of Medicine

Primary Department
H0639-Perinatology Research

Working Conditions
Wayne State University requires all students, faculty and staff to be fully vaccinated against COVID-19 with limited exceptions. Learn more at: https://wayne.edu/coronavirus

Essential Functions (Job Duties)
Under general direction, perform moderately complex financial accounting, budgeting and reporting functions. Assist in the development and coordination of financial and administrative activities to ensure continued efficient operation of a large department in a School, College, Division or Center/Institute of the University.

Provide financial support to several departments within C&IT including financial reporting and problem resolution in regard to budget, accounting, vendor quotations and payment, financial projections and journal voucher entries.

Prepare financial statements such as income statements, balance sheets and activity reports regarding the financial status of unit projections, programs and other budget allocations. Oversee general ledger account allocations for all expenditures. Develop and maintain special accounting procedures for several complex general fund, designated and/or restricted accounts.

Prepare budget projections and plans. Compile budget estimates, oversee budget execution and review. Reconcile funds, indexes, and accounts including several complex general funds, designated and revenue accounts. Approve and monitor unit revenues and expenditures. May possess signatory authority.

Prepare adjusting entries and year-end closing activities for review. Project year-end revenues, expenditures and deficits based on information provided by department administrators and upper management. Perform calculations for management such as compound interest owed, payroll projection, expense and payroll accrual adjustments.

Prepare a wide array of statistical and administrative reports, summaries and questionnaires regarding
department and/or division activities. Develop financial reports for University wide/funded development projects such as EPAF, HR Encumbrance, Windstar, etc. Utilize administrative systems, including FMS, HRMS, PPS, GBS, etc. Prepare detailed proposals; create specialized reports utilizing Cognos, Access and Excel; prepare routine and ad-hoc financial reports and analysis.

Research and analyze data for internal and external clients. Identify financial discrepancies and resolve client inquires. Create, organize and maintain files using database and spreadsheet programs.

Track and maintain maintenance contract renewals which may include some cost negotiations with vendors. Coordinate vendor renewal and price quote process for hardware and software maintenance contracts.

Provide functional supervision and train and instruct on methods and procedures. Provide direction to professional staff in department on methods and procedures.

Perform related work as assigned.

Unique Duties

Qualifications
Graduation from an accredited college or university supplemented by coursework in business administration, accounting or related field or an equivalent combination of education and/or experience.

Considerable knowledge of accounting or finance practices or principles.

Project management experience.

Considerable knowledge of and experience with University programs and computing systems (FMS/BAR, HRS, PPS and GBS).

Ability to establish and meet deadlines, work under extreme pressure and function independently.

Strong leadership, analytic and problem resolutions abilities.

Excellent oral and/or written communication skills.

Ability to communicate effectively with others.

Preferred Qualifications

Testing Requirements
Not Applicable

Test Scheduling

Job Type
Full-Time

Job Category
Professional/Administration & Supervisory/Management

Duration of Posting

Fiscal Year of Job Open Date
2022

Job Open Date
(When job is posted in the system)
05-19-2022

Job Close Date
(or until suitable candidate is found)
06-02-2022

Is this position reposted?
No

Reposting Reason:


Application Information

Background Check Requirements
University policy requires certain persons who are offered employment to undergo a background check, including a criminal history check, before starting to work. If you are offered employment, the University will inform you if a background check is required.

Instructions for submitting your application:

Represented Position Message


Funding/Salary Information

Salary (Minimum)
(Non-Academic Only)
55276

Salary (Hire Max)
(Non-Academic Only)
66334

Salary (Maximum)
(Non-Academic Only)
82917

Hourly Rate
(Non-Academic Only)

Salary Range
(Academic Only)

Is Position Bump Ineligible?
(Non-Academic, Represented positions only. Select 'No' for Academic. Select N/A if Non-represented.)
**NOTE: If 'Yes' is selected, then this is a Bump Ineligible Position (BIP). The person who bids or hires into this 100% grant funded position has no bumping rights upon grant expiration or in a reduction of force.
No