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Accounts Receivable Specialist I
Accounts Receivable Specialist I-October 2024
Minneapolis
Oct 27, 2026
About Accounts Receivable Specialist I

  Job ID359093 LocationTwin Cities Job FamilyFinance Full/Part TimeFull-Time Regular/TemporaryRegular Job Code8221AA Employee ClassCivil Service About the Job The Finance Operations Center (FinOps Center) at the University of Minnesota seeks a highly motivated financial and customer-focused Accounts Receivable Specialist I. Under general supervision, this position is responsible for performing basic accounts receivable activities and financial reporting transactions in support of a portfolio of Resource Responsibility Center (RRC) in the Finance Operations Center. The Accounts Receivable Specialist I consults with Accounts Receivable and other finance professionals within the Finance Operations Center to ensure appropriate and timely support for RRCs. Hybrid Work Environment Job Duties Accounts Receivable 75% Review and analyze billing, foundation transfer, and invoice adjustment requests sent to the Financial Operations Center prior to processing them by analyzing the request, resolving conflicting or missing information using prior experience or knowledge base of the service center to ensure accuracy of invoicing and financial reporting. Process requests following University standard methodologies and procedures. Communicate with University staff and external customers as needed for clarification on billing requests, payment instructions/timing, policy requirements, etc. Ask clarifying questions in order to complete the request. Analyze customer and contact information in EFS vs. the information contained in the service request to determine if changes or updates are needed for existing customers or request new customer record to be created. Review and analyze spreadsheets submitted, process for mass transaction upload, and assist departments with reconciliation to their subsidiary system. Analyze billing requests for applicability of sales tax, customer's tax exemption status, and code transactions for accurate sales tax calculation. Uses the Chart of Accounts with developing proficiency and understanding, ensures chartfield string integrity on billing transactions to ensure accurate financial reporting. Understands, explains, interprets, and applies university accounts receivable policy to various scenarios. Collaborates with Accounts Receivable unit in the Controller's Office to collect supporting documentation for invoices as well as to make changes and updates to the customer record. Reviews billing transactions for accuracy and completeness, sets them for finalization, and submits credit and rebill transactions into the approval workflow. Understands where appropriate approvals are required in relation to accounts receivable activity. Collaborates with accounts payable specialists in the processing of returned goods and services as well as credit memos. Acts as a liaison with the UMN Foundation for fund requests and transfers. Assists with cost analysis and internal/external sales rate request review. Understands key accounting and receivables functions, Generally Accepted Accounting Principles, and other guiding concepts with developing proficiency. Unit Support 10% May prepare ad hoc financial reports to support reporting and decision-making needs of a portfolio of RRCs. Supports analysis and communication of impact of activities on RRCs' overall financial wellbeing. Professional Development 10% May develop training manuals and procedures. Identifies and participates in opportunities for cross-training across unit functions to maintain adequate coverage of all functions. Completes professional development, education, and training activities. Participates in staff development based on individual need including ongoing skills training, DEI development, professional learning, service & scholarly activity, and engagement & well-being. As an individual contributor, models UMN dedication to crafting an inclusive work environment. Other duties as assigned 5% Salary Range DOQ: $39,806 - $56,308 Qualifications Required Qualific tions (please document on the resume): BA/BS degree or a combination of related education and work experience to equal four years. Strong attention to detail. Ability to manage multiple tasks, prioritize work, and meet deadlines effectively. Proficient in using Microsoft Excel and other office software Ability to work effectively with individuals from diverse backgrounds and cultures, fostering an inclusive and supportive work environment. Benefits Working at the University At the University of Minnesota, you'll find a flexible work environment and supportive colleagues who are interested in lifelong learning. We prioritize work-life balance, allowing you to invest in the future of your career and in your life outside of work. The University also offers a comprehensive benefits package that includes: Competitive wages, paid holidays, and generous time off Continuous learning opportunities through professional training and degree-seeking programs supported by the Low-cost medical, dental, and pharmacy plans Healthcare and dependent care flexible spending accounts University HSA contributions Disability and employer-paid life insurance Employee wellbeing program Excellent retirement plans with employer contribution Public Service Loan Forgiveness (PSLF) Financial counseling services Employee Assistance Program with eight sessions of counseling at no cost with free or reduced rates in the Twin Cities metro area Please visit the for more information regarding benefits. How To Apply Applications must be submitted online. To be considered for this position, please click the Apply button and follow the instructions. You will be given the opportunity to complete an online application for the position and attach a cover letter and resume. Additional documents may be attached after application by accessing your "My Job Applications" page and uploading documents in the "My Cover Letters and Attachments" section. To request an accommodation during the application process, please e-mail [email protected] or call (612) 624-UOHR (8647). Diversity The University recognizes and values the importance of diversity and inclusion in enriching the employment experience of its employees and in supporting the academic mission. The University is committed to attracting and retaining employees with varying identities and backgrounds. The University of Minnesota provides equal access to and opportunity in its programs, facilities, and employment without regard to race, color, creed, religion, national origin, gender, age, marital status, disability, public assistance status, veteran status, sexual orientation, gender identity, or gender expression. To learn more about diversity at the U: Employment Requirements Any offer of employment is contingent upon the successful completion of a background check. Our presumption is that prospective employees are eligible to work here. Criminal convictions do not automatically disqualify finalists from employment. About the U of M The University of Minnesota, Twin Cities (UMTC) The University of Minnesota, Twin... For full info follow application link. The University recognizes and values the importance of diversity and inclusion in enriching the employment experience of its employees and in supporting the academic mission. The University is committed to attracting and retaining employees with varying identities and backgrounds. The University of Minnesota provides equal access to and opportunity in its programs, facilities, and employment without regard to race, color, creed, religion, national origin, gender, age, marital status, disability, public assistance status, veteran status, sexual orientation, gender identity, or gender expression. To learn more about diversity at the U: http://diversity.umn.edu.

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