Financial SpecialistApply NowHow to ApplyA cover letter and resume are important submissions for the hiring team to get a sense of your experience. In the cover letter, in two pages or less, please let us know how your career aspirations and skills align with this role. Submit both a cover letter and resume as one file (because of system limitations).What You'll DoThe Center for Academic Innovation at the University of Michigan is looking for a qualified Financial Specialist to provide financial support to the Center for Academic Innovation (CAI) and the Office of the Vice Provost for Academic Innovation (VPAI). In this role as a member of CAI's Operations Team, you will learn and develop in different areas such as financial management and strategy, external revenue tracking, royalty payments, and sponsored projects pre-award and post-award accounting. The Financial Specialist is an important team member, working collaboratively with the university community's expert teams in innovation, research, learning, and teaching on financial and budgeting matters. The Financial Specialist Intermediate will report to the Financial Specialist Senior.Who We AreAbout the Center for Academic InnovationThrough curricular innovation, tools for student success and equity, and educational research and analytics, the University of MichiganCenter for Academic Innovation ( is building the future of education. Our vision is a future in which education connects and empowers learners everywhere to reach their full potential throughout their lives. To accomplish our vision, we make it our mission to collaborate across campus and around the world to create equitable, lifelong educational opportunities for learners everywhere.About the Operations TeamThe Operations team ensures that the Center for Academic Innovation is supported in matters related to operational responsibilities of the Center, including talent management and organizational development, financial management, operational data analytics, implementation of center-wide software and technology solutions, and space optimization and use. We also provide expertise around the design and implementation of center-wide organizational processes and along with policy matters related to compliance topics like copyright, accessibility, and Department of Education rules and regulations, and data privacy. We support student engagement through designing co-curricular fellowship opportunities and experiential learning opportunities. We serve as an important liaison for the Center to other University units such as the Office of General Counsel, Information and Technology Services, and the Procurement Office.For more information, please visit our website:Academic Innovation ( accurate guidance regarding financial practices to CAI staff.Support transactional activity in partnership with the University Shared Services Center, including accounts payable, accounts receivable, statement of activities reconciliation, travel and expense, and journal entries.Track and record revenues and expenses for departmental projects.Help prepare quarterly royalty statements and process payments.Initiate purchases of supplies and equipment using proper buying methods, including purchase requisitions, purchase orders, and payment requests.Work with Procurement Services on requests for quotes and requests for proposals.Provide sponsored project pre-award and post-award support.Support Chatfield maintenance by opening and closing project grants and shortcodes.Recommend and implement process improvements to support the center's financial structure.Provide backup support to other team members, including Chrome River expense reimbursements, reconciliations, gift processing, and other accounting responsibilities.Process and reconcile Michigan Online credit card payments.Perform other tasks and special projects as assigned.Required Qualifications*Bachelor's degree in business, accounting, or related field.2 or more years of related financial/accounting experience or an equivalent combination of education and experience.Experience working with database reporting, database structure, and data management.Commitment to teamwork.Experience performing complex functions in Microsoft Excel.Experience creating and proposing new ways to improve processes and implementing those processes.Demonstrated expertise in managing priorities and meeting the deadlines.Knowledge of and experience working with federal and corporate sponsors.Experience working with Authorize.net or other credit card payment platforms.Demonstrated strong attention to detail to ensure financial data accuracy.Work well in a multicultural and collaborative environment.Modes of WorkPositions 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 thework modes ( .The mode of work for this position is Hybrid. The work requirements for this position allow both onsite and offsite work and you will have an expected regular and recurring onsite presence. On occasion, you may be required and must be available to work onsite more frequently if necessitated by our center's policy and domain leadership or by your job requirements.Underfill StatementThis position may be underfilled at a lower classification depending on the qualifications of the selected candidate.Additional InformationOur Commitment to Diversity, Equity and InclusionThe Center for Academic Innovation (CAI) is committed to inclusion in our organizational work, culture, climate, and the products we create. We aim to recruit a diverse team as a reflection of our commitment to our work designing equitable and inclusive learning and work environments that are necessary for the university community to make progress on solving societal challenges. CAI draws on each of our team member's unique backgrounds and experiences to guide our everyday work in the center, and our team collaborates with students, staff, and faculty on projects that center our commitment to DEI work. All interested applicants, including those from groups historically marginalized by educational privilege, are encouraged to apply.Organizational Statement on HarassmentWe believe all individuals deserve to be treated with respect and have the right to work in a professional atmosphere that promotes mutual respect and a safe space for collaboration. Any concerns shared with Individuals with Reporting Obligations in the Center for Academic Innovation will be reported to the Equity, Civil Rights, & Title IX Office to be reviewed and addressed, and the Center for Academic Innovation encourages reporting of any forms of harassment including sexual and gender-based harassment.The general salary range for this position is $60,000 - $65,000. You can expect to be paid a great compensation package. Factors used to determine salary include education level and experience for the position and internal equity within the unit. You are encouraged to discuss salary questions to honor agreement and transparency throughout the recruiting process.The salary for this position will be based on your education and experience.Please Note: This is a 5-year term-limited position with the possibility of renewal depending onfunding.Must have legal authorization to work in the United States.Excellent benefits are available, for details, see ( ScreeningThe University of Michigan conducts background checks on all job candidates upon acceptance of a contingent offer and may use a third party administrator to conduct background checks. Background checks are performed in compliance with the Fair Credit Reporting Act.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.Decision Making ProcessApplications will be reviewed as received throughout the posting period and continue until the position is filled.U-M EEO/AA StatementThe University of Michigan is an equal opportunity/affirmative action employer.Job DetailJob Opening ID255456Working TitleFinancial SpecialistJob TitleFinancial Specialist InterWork LocationAnn Arbor CampusAnn Arbor, MIModes of WorkHybridFull/Part TimeFull-TimeRegular/TemporaryRegularFLSA StatusExemptOrganizational GroupVp Acad InnovationDepartmentCenter for Academic InnovationPosting Begin/End Date10/10/2024 - 11/09/2024Salary$60,000.00 - $65,000.00Career InterestFinanceApply Now