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Job No. 152704

  • Job Title:
  • Financial Administrator
  • Employer:
  • University of Michigan-Ann Arbor
  • Location:
  • Ann Arbor , MI
  • Posting Date:
  • 08-Apr-2024
  • Description:
  • Summary
    Wallace House Center for Journalists is seeking applications for a Financial Administrator, classification Accountant Intermediate. Wallace House advances the vital role of journalism in an informed and engaged society through programs that recognize, sustain, and elevate the careers of journalists and foster civic engagement. The Financial Administrator will be responsible for accounting and budget analysis, as well as compliance on endowments and grants, for all Wallace House programs and activities including the Knight-Wallace Fellowships for Journalists, The Livingston Awards for Young Journalists, and the Wallace House Presents events series. This position works closely with the Director on strategic development for all programs. The financial administrator acts as an advisor to the Director and staff on financial matters and UM policies. Wallace House is a unit within the Provost's Office with an operating budget that is funded through gifts and endowments, as well as grants, so this position requires regular work with UM departments to properly account for the revenue and expenses. Wallace House is a team environment, and the team works together to staff and support guest speakers and public events. This includes some evening events. The position reports directly to the Wallace House Director.

    Applications without a cover letter will not be considered.

    Who We Are
    Wallace House Center for Journalists at the University of Michigan is committed to fostering excellence in journalism. We are home to programs that recognize, sustain and elevate the careers of journalists to address the challenges of journalism today and uphold the role of a free press in a democratic society. We believe in the fundamental mission of journalism to document, interpret, analyze and investigate the forces shaping society.

    Knight-Wallace Fellowships offer accomplished journalists who are eager for growth and deeply committed to the future of journalism an academic year of study and collaborative learning at the University of Michigan to deepen knowledge, develop new ideas and address challenges facing the journalism industry.

    Livingston Awards honor journalists under the age of 35 for outstanding achievement in local, national and international reporting across all forms of journalism. The awards bolster the work
    of young reporters, create the next generation of journalism leaders and advance civic engagement around powerful storytelling.

    Wallace House Presents brings journalists whose work is at the forefront of national conversations to audiences across the country and to our University community. By moving news consumption and discussions away from devices and distractions and into public spaces, Wallace House aims to foster open conversation and spark debate.

    Responsibilities*
    Review and reconciliation of financial activity, tracking and processing of payments, identification of irregularities.
    Preparation of monthly, quarterly, and annual financial reports.
    Preparation of Journal Entries to transfer funding or expenses.
    Preparation of annual budget with the Director, in coordination with the Business Administrator for Interdisciplinary Academic Affairs.
    Management and tracking of donations, endowment funds, and financial reports to donors.
    Work with the Office of Research and Sponsored Programs to track spending and prepare reports related to grants. Also enter and submit pre-award information.
    Management of financial support for Knight-Wallace Fellows including, tuition payments, stipend payments, health insurance and reimbursements.
    Preparation and review of expenses for Wallace House Director and staff through Concur
    system.
    Assist with event hosting as part of the Wallace House team.
    Assist with planning for major house expenses.
    Advise on facility matters and UM Space Management.
    Representing Wallace House to the Academic Affairs Group
    Required Qualifications*
    A Bachelor's degree in accounting or related field of study and 2-5 years of professional accounting experience.
    Knowledge of the fundamental concepts, practices and procedures of management and financial accounting.
    Experience with Microsoft Office and Excel.
    Excellent written and verbal communication skills.
    Knowledge of budget preparation, preferably in a higher education setting.
    Knowledge of procurement policies and procedures.
    Knowledge of financial reporting including statements of activity and journal entries.
    Desired Qualifications*
    Knowledge of UM Financial Operations policies and procedures including shortcode chartfields, endowments, journal entries, BusinessObjects, M-Reports, Statements of Activity, Source/Use Reports, and how to set up stipend payments though Student Financial Operations.
    Knowledge of budget preparation for the UM Office of Budget and Planning.
    Knowledge of UM Procurement policies and procedures including methods of payment, Concur, requisitions, and non-PO vouchers.
    Knowledge of Gifts and Endowments.
    Knowledge of policies and procedures in UM's Office of Research and Sponsored Projects.
    Knowledge of the process for UM's yearly Certification of Financial Results and Internal Controls.
  •  Contact information:
  • University of Michigan-Ann Arbor
  • Ann Arbor, MI 48109
  • United States
  • Employer's Website:
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