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Financial Senior / Intermediate ManagerApply NowHow to ApplyA cover letterdescribing specific examples of qualificationsis required for consideration for this position and should be attached as the first page of your resume. The cover letter should address your specific interest in the position and outline skills and experience that directly relate to this position.SummaryThe Unit for Laboratory Animal Medicine (ULAM) is hiring a financial manager to join our team at Michigan Medicine. This position is responsible for the business and financial operations of our extensive research services activities. This position allows opportunities to work as a supervisor for service units within finance and procurement. You will join our ULAM Leadership team and contribute to strategic decision making and providing advice on the financial impacts of decisions. The position will report to the ULAM Chief Department Administrator (CDA) and join a diverse workforce and an amazing team of business professionals who support the U-M research community (faculty, residents, staff, and trainees) in achieving the highest animal welfare standards in the pursuit of impactful science to benefit both human and animal health.The ideal candidate will have a strong financial background to establish, review, and reassess statements of activity, profit/loss, and recharge rates, and be responsible for organizing budgets for a diverse set of unit service providers. The position requires strong verbal and written communication, interpersonal, and organizational skills including meticulous attention to detail.ULAM is firmly committed to advancing inclusion, diversity, equity, accessibility, and belonging, which are core to the culture and values of the Medical School Office of Research. Our community supports recruiting and cultivating a diverse workforce as a reflection of our commitment to serve the diverse people of Michigan and the world. We strive to create a work culture where each team member feels respected, valued, and safe. We also enjoy levity in the workplace; if you enjoy working hard while having fun, please apply!Mission StatementMichigan Medicine improves the health of patients, populations and communities through excellence in education, patient care, community service, research and technology development, and through leadership activities in Michigan, nationally and internationally. Our mission is guided by our Strategic Principles and has three critical components; patient care, education and research that together enhance our contribution to society.ResponsibilitiesFinancial Management 75%
Responsible for ensuring fiscal accountability associated with budgeting, cost control, business planning, goal-setting, and process improvement.
Provides detailed analysis of finances with ULAM Leadership to ensure alignment with our oversight organizations both Michigan Medicine and OVPR.
In partnership with the ULAM CDA and other ULAM Leadership, provides analysis and preparation of the capital equipment budgets and allocations.
Adherence to theCost Analysis and Rate Setting manual (https://grants.nih.gov/grants/policy/air/ratesettingmanual2000.pdf) for animal research facilities. Oversees annual generation of cost recovery rates and strategies to evaluate and balance budgets, as well as preparing communication and recommendations related to recharge rates and special service rates. Maintains electronic-based (eRam) financial operations by uploading current rates lists for recharge services and billing
Performs specialized analysis requiring knowledge of various financial functions such as budgeting, auditing, financial planning, and taxes; consolidations and prepares forecast reports to support ULAM leadership decisions for long term, strategic budget planning.
Leads the implementation of core administrative functions of the unit, including the preparation of budgets, reports, financial analyses, and variance controls. Works with the ULAM CDA to communicate key performance indicators and other information to Medical School Office of Research leadership and key constituents, including the U-M Office of Research.
Retains accountability for all business operations related to ULAM research grant management, recharge services, and administrative functions through operational analysis.
Supervises research administration FTE for pre- and post-award activities for ULAM faculty grant awards and reports inconsistencies to the ULAM CDA.
Operations Management 10%
Provides leadership, professional expertise, and exceptional service, often by leveraging the expertise of others; manages via knowledge of administrative skills; and, as appropriate, delegates work duties to subordinates.
Demonstrates independent judgment in developing appropriate courses of action within the context of policies, standards of practice, and internal controls.
In partnership with ULAM CDA, provides executive support for the financial operations of ULAM, recommending strategic direction and providing leadership for the strategic operational adjustments for the financial enterprise.
Demonstrates measurable efforts to improve operational effectiveness, attain department/unit objectives, enhance customer service, and facilitate faculty research initiatives.
Continuously assesses work environment to enhance operational efficiency.
Human Resources Management 15%
Manages processes for interviewing, selecting, and training of employees under their direct supervision; setting and adjusting rates of pay and hours of work; planning and directing work; appraising productivity and efficiency for the purpose of recommending promotions or other status changes; handling complaints and grievances; and overseeing disciplinary actions when necessary.
Develops a climate for staff that is motivating, nurturing, and inclusive; that focuses on individual and group developmental; and that assists in determining appropriate priorities and professional goals.
Required QualificationsFinancial Senior Manager:
Bachelor's degree or higher in a financially related field with specialization in accounting
5-7 years of experience in accounting or work within a financial oversight environment
Financial Intermediate Manager:
Bachelor's degree or higher in a financially related field with specialization in accounting
3-5 years of experience in accounting or work within a financial oversight environment
Demonstrated professional demeanor with strengths in confidentiality and ethical decision-makingDemonstrated ability to effectively lead work teams with strong communication skillsDemonstrated ability in summarizing multiple complex financial reports to enhance strategic objectives and support departmental prioritiesNote: under FLSA, this is the exempt job classification for this title. Incumbents in this position must meet the full criteria for exempt status: salary level, salary basis, and duties tests.Desired Qualifications
3 or more years of experience in setting per diem rates for animal care or other recharge services
Knowledge of the University's financial system (e.g., Business Objects, Research Animal Management [eRAM], M-Pathways, Human Research Management System)
Master's Degree in Business (MBA) or equivalent educational achievement
Demonstrated proficiency in formal financial presentations
Experience in strategic proposal development
Knowledge of drafting effective Memoranda of Understanding (MOU?s) for business partnerships
Experience in sponsored programs management and research administration
Underfill StatementPossibility to underfill to Financial Intermediate Manager if there is an ideal candidate that doesn't fully meet qualifications of Senior Manager.Background ScreeningMichigan Medicine conducts background screening and pre-employment drug testing on job candidates upon acceptance of a contingent job offer and may use a third party administrator to conduct background screenings. Background screenings are performed in compliance with the Fair Credit Report Act. Pre-employment drug testing applies to all selected candidates, including new or additional faculty and staff appointments, as well as transfers from other U-M campuses.Application DeadlineJob openings are posted for a minimum of 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 StatementThe University of Michigan is an equal opportunity/affirmative action employer.Job DetailJob Opening ID250795Working TitleFinancial Senior / Intermediate ManagerJob TitleFinancial Senior ManagerWork LocationAnn Arbor CampusAnn Arbor, MIFull/Part TimeFull-TimeRegular/TemporaryRegularFLSA StatusExemptOrganizational GroupMedical SchoolDepartmentMM Lab Animal Medicine UnitPosting Begin/End Date6/24/2024 - 7/08/2024Career InterestFinanceApply Now