University of Minnesota · 2 hours ago
Accounts Receivable Specialist II
The University of Minnesota is seeking an Accounts Receivable Specialist II to support the Finance Operations Center within the Controller’s Office. This role involves performing accounts receivable activities and financial reporting transactions, while collaborating with various finance professionals to ensure accurate and timely support.
Responsibilities
Review and analyze all types of billing requests, foundation transfers, and invoice adjustment requests prior to processing by evaluating requests and resolving conflicting or missing information using professional judgment, prior experience, and the service center knowledge base to ensure accurate invoicing and financial reporting
Independently manage billing requests of all complexity levels with minimal oversight, applying a thorough understanding of University methodologies, best practices, and procedures to ensure accurate and timely processing
Collaborate and communicate clearly and concisely with University staff, external customers, and colleagues to clarify billing requests, policy requirements, and best practices
Analyze customer and contact information in the Enterprise Financial System (EFS) against service request details to determine whether updates or new customer records are required
Process mass transaction uploads by reviewing submissions for quality assurance, monitoring for issues, and resolving problems as they arise
Utilize expertise in the full order-to-cash business process to advise departments on appropriate billing methods; proactively identify and process recurring transactions without requiring service requests
Analyze billing requests for sales tax applicability and customer tax exemption status; consult with the tax management office on complex scenarios and ensure accurate multi-state sales tax calculation
Apply expert-level knowledge of the chart of accounts to ensure chartfield string integrity and accurate financial reporting
Understand, interpret, explain, and apply University accounts receivable policies across a variety of scenarios
Collaborate with Accounts Receivable Services in the Controller’s Office to obtain guidance on best practices and policy interpretation
Demonstrate a holistic understanding of billing requests of all complexities by finalizing transactions and submitting credit and rebill requests through approval workflows
Ensure appropriate approvals are obtained for rebills, credits, and UMN Foundation transfers, with a thorough understanding of justification and fund-use requirements
Collaborate with accounts payable specialists in the processing of returned goods, services, and credit memos
Act as a liaison with the University of Minnesota Foundation for fund requests and transfers
Independently apply key accounting and receivables principles, including Generally Accepted Accounting Principles (GAAP), with proficiency
Serve as a Portfolio Team Resource by assisting with coordination of requests, responding to questions, providing training, and offering first-line guidance
Contribute to training manuals and procedures and participate in staff training activities
Identify and participate in cross-training opportunities across Finance Operations Center functions to ensure adequate coverage
Complete professional development, education, and training activities consistent with position responsibilities and institutional goals
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 and caring work environment
Assist Accounts Receivable Services with projects and initiatives
Perform other duties as assigned
Qualification
Required
Bachelor's degree plus at least two years of professional work experience, or a combination of related education and experience totaling six years
Ability to interact with standard technology platforms (e.g., Zoom, word processing, data entry, email, internet browsing)
Experience using PeopleSoft Enterprise Financial System
Experience interpreting and applying University of Minnesota finance policies
Ability to read, interpret, and compile information according to prescribed methods
Strong problem-solving skills with the ability to apply logic to identify solutions
Preferred
Knowledge of accounts receivable functions
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
Company data provided by crunchbase