Financial Accounting and Budget Specialist - Office of Fiscal Affairs - School of Medicine

Financial Accounting and Budget Specialist - Office of Fiscal Affairs - School of Medicine

Location: Detroit, MI, US · Posted: 10/16/2026 · Closes: 4/16/2027 · Reference: 3702

- Provide financial support to several departments within the School of Medicine including financial reporting and problem resolution in regard to budget, accounting, vendor quotations and payment, financial projections and journal voucher entries. - Prepare financial statements such as income statements, balance sheets and activity reports regarding the financial status of unit projections, programs and other budget allocations. Oversee general ledger account allocations for all expenditures. Develop and maintain special accounting procedures for several complex general fund, designated and/or restricted accounts. - Prepare budget projections and plans. Compile budget estimates, oversee budget execution and review. Reconcile funds, indexes, and accounts including several complex general funds, designated and revenue accounts. Approve and monitor unit revenues and expenditures. May possess signatory authority. - Prepare adjusting entries and year-end closing activities for review. Project year-end revenues, expenditures and deficits based on information provided by department administrators and upper management. Perform calculations for management such as compound interest owed, payroll projection, expense and payroll accrual adjustments. - Prepare a wide array of statistical and administrative reports, summaries and questionnaires regarding department and/or division activities. Develop financial reports for University wide/funded development projects such as EPAF, HR Encumbrance, Windstar, etc. Utilize administrative systems, including FMS, HRMS, PPS, GBS, etc. Prepare detailed proposals; create specialized reports utilizing Cognos, Access and Excel; prepare routine and ad-hoc financial reports and analysis. - Research and analyze data for internal and external clients. Identify financial discrepancies and resolve client inquires. Create, organize and maintain files using database and spreadsheet programs. - Track and maintain maintenance contract renewals which may include some cost negotiations with vendors. Coordinate vendor renewal and price quote process for hardware and software maintenance contracts. - Provide functional supervision and train and instruct on methods and procedures. Provide direction to professional staff in department on methods and procedures. - Perform related work as assigned.