University Of Michigan - Ann Arbor, MI
posted 2 months ago
The Business Office and Accounting Manager at the University of Michigan will play a pivotal role in overseeing the daily accounting operations of the organization. This position is crucial for ensuring adherence to accuracy, compliance, and efficiency standards within the department. The ideal candidate will demonstrate strong leadership qualities, possess comprehensive accounting knowledge, and exhibit proficiency in various accounting software, university systems, and business processes. Key responsibilities include maintaining precise financial records, budgeting, forecasting, managing contracts and RFPs, overseeing university systems, and supervising the business office team. In this role, the manager will serve as a trusted advisor to the Chief Operations Officer (COO) on financial matters, university financial and procurement business, and business process improvement initiatives. The manager will provide insights, analysis, and recommendations to support strategic decision-making and operational efficiency. Keeping up to date with UM policies and procedures is essential, as is ensuring compliance with generally accepted accounting principles (GAAP), internal controls, and regulatory requirements. The Business Office and Accounting Manager will also assist in the development of the annual Institute budget, ensuring that administration and salary and fringe year-end projections are accurate and ready for use during the budgeting period. This includes collaborating with operation managers, directors, and staff to gather needed budget additions and changes, as well as conducting financial analysis and performance metrics reporting to identify trends, opportunities, and areas for improvement. Additionally, the manager will provide leadership and direction to the business office team, ensuring effective staffing levels and communication, while also identifying opportunities for process improvement within the business office. The role requires a commitment to maintaining confidentiality and integrity in handling financial information, as well as a proactive approach to resolving any accounting issues or discrepancies in a timely manner.