University of Minnesota · 2 days ago
Accounts Receivable Specialist
The University of Minnesota is seeking an Accounts Receivable Specialist I to support the Finance Operations Center within the Controller’s Office. This role involves performing accounts receivable activities and financial reporting transactions, collaborating with various stakeholders to ensure accuracy and timeliness in financial operations.
Responsibilities
Review and analyze moderately complex billing, foundation transfer, and invoice adjustment requests submitted to the Finance Operations Center to ensure accuracy of invoicing and financial reporting, resolving conflicting or missing information using prior experience, knowledge base resources, and team support in accordance with University standards, best practices, and procedures
Collaborate and communicate with University staff, external customers, and colleagues as needed to clarify billing requests, policy requirements, and best practices, with occasional guidance
Analyze customer and contact information in the Enterprise Financial System (EFS) compared to service request data to determine required updates or the need to establish new customer records
When directed, review and analyze spreadsheets, process mass transaction uploads, and assist departments with reconciliation to subsidiary systems
Analyze billing requests for sales tax applicability, customer tax exemption status, and accurate sales tax calculations across multiple states; consult with the tax management office on more complex scenarios with guidance
Ensure chartfield string integrity on billing transactions using the chart of accounts with developing proficiency to support accurate financial reporting
Understand, explain, interpret, and apply University accounts receivable policies to various scenarios
Collaborate with Accounts Receivable Services in the Controller’s Office to obtain guidance on best practices, policy interpretation, and customer record updates
Demonstrate a holistic understanding of moderately complex billing requests by reviewing transactions for accuracy and completeness, setting them for finalization, and submitting credit and rebill transactions through approval workflows
Understand when and where appropriate approvals are required for accounts receivable activity
Collaborate with accounts payable specialists to process returned goods, services, and credit memos
Act as a liaison with the University of Minnesota Foundation for fund requests and transfers
Demonstrate developing proficiency in key accounting and receivables functions, Generally Accepted Accounting Principles (GAAP), and related concepts
Assist in the development of training manuals and procedures, as needed
Identify and participate in cross-training opportunities to ensure adequate coverage across unit functions
Complete professional development, education, and training activities
Participate in staff development activities including skills training, DEI development, professional learning, service and scholarly activity, and engagement and well-being
As an individual contributor, model the University’s commitment to an inclusive work environment
Perform other duties as assigned
Qualification
Required
Bachelor's degree or a combination of related education and proven work experience equal to four years
Experience with standard technology platforms (e.g., word processing, data entry, email, internet browsing)
Ability to read, interpret, and compile information according to prescribed methods
Ability to apply logic to problem-solving and identify solutions
Benefits
Competitive wages, paid holidays, and generous time off
Continuous learning opportunities through professional training and degree-seeking programs supported by the Regents Tuition Benefit Program
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) opportunity
Financial counseling services
Employee Assistance Program with eight sessions of counseling at no cost
Employee Transit Pass with free or reduced rates in the Twin Cities metro area
Company
University of Minnesota
University of Minnesota is an educational institution that offers master's and doctoral degrees in medicine, law, and engineering fields.
H1B Sponsorship
University of Minnesota has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (298)
2024 (240)
2023 (289)
2022 (215)
2021 (201)
2020 (185)
Funding
Current Stage
Late StageTotal Funding
$97.08MKey Investors
American Academy of Orthopaedic SurgeonsNational Science FoundationU.S. Environmental Protection Agency
2023-12-01Grant· $0.03M
2023-05-04Grant· $20M
2023-04-13Grant· $10M
Recent News
2025-12-17
2025-12-10
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