Job No. 156084
- Job Title:
- Senior Accountant
- Employer:
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University of Michigan-Ann Arbor
- Location:
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Ann Arbor , MI
- Posting Date:
- 06-Aug-2025
- Description:
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Job Summary
The University of Michigan Center for Innovation (UMCI) in Detroit is a transformative initiative dedicated to expanding access to education, promoting innovation, and supporting inclusive economic development. By offering graduate education, workforce training, research collaborations, and community engagement, UMCI serves as an important bridge between academia, industry, and the broader Detroit community advancing the city's growth as a hub for talent and opportunity
Reporting to the Director, Administration and Finance the Senior Accountant contributes in managing UMCI's financial operations, supporting month-end, quarterly, and annual close processes across multiple fund types (operating, designated, gift, and grant). As the Senior Accountant you will prepare journal entries, conduct complex financial analysis, and ensure the accuracy of financial statement line items. You will also help develop the annual operating budget, prepare financial reports for departmental leadership, and strengthen internal controls, policies, and procedures.
The position is designed as a hybrid role (#LI-Hybrid ) with a blend of remote and onsite responsibilities.
View full job description here
What You'll Do
Reconcile general ledger accounts and perform financial analysis across multiple fund types (e.g., general, grants, and endowments).
Prepare financial reports for University leadership, Regents, and regulatory agencies.
Process and review journal entries related to key financial statement items.
Perform internal controls, support gap analysis, and assist in refining accounting policies.
Support month-end and year-end close processes for accuracy and completeness.
Assist in annual budget development, planning, coordination, and variance analysis.
Serve as budget liaison for assigned units and provide financial guidance.
Resolve financial issues by evaluating and recommending appropriate solutions.
Manage financial operations including research administration, transaction processing, and reporting.
Analyze financial data, trends, and compile cost center reports from various sources.
Create and run data queries using Business Objects; summarize findings in clear, actionable reports.
Interpret and translate financial data into concise summaries with key insights.
Lead all accounting functions for the department and perform various Business Office daily tasks
Why Work at Michigan?
In addition to a career filled with purpose and opportunity, The University of Michigan offers a comprehensive benefits package to help you stay well, protect yourself and your family and plan for a secure future. Benefits include:
Generous time off
A retirement plan that provides two-for-one matching contributions with immediate vesting
Many choices for comprehensive health insurance
Life insurance
Long-term disability coverage
Flexible spending accounts for healthcare and dependent care expenses
Required Qualifications*
Bachelor's degree in Accounting or Finance
5+ years of progressively responsible accounting experience in higher education
Knowledge of generally accepted accounting principles (GAAP) and familiarity with standards specific to nonprofit or higher education accounting
Experience preparing journal entries and statement of account reconciliations
Experience with financial systems, data query tools, and administrative software applications.
Proficient in Microsoft Office Suite (can perform complex functions in Excel), Google Collaboration tools or related software
Experience handling sensitive and confidential information with integrity, ethical, and professional standards
- Contact information:
- University of Michigan-Ann Arbor
- Ann Arbor, MI 48109
- United States
- Employer's Website:
-
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