U

University of Wisconsin-Madison

Public research university in Madison, WI

Financial Specialist 2

Accounts Payable/ReceivablePosted on Nov 12
Full-timeMadison, WI, USANo salary listed

About the Job

Requirements

  • A minimum of 2 years of Accounts Payable experience.
  • Excellent oral and written communication skills and the ability to communicate clearly, professionally, and courteously with diverse internal and external customers.
  • Strong organizational skills, the ability to work independently, prioritize duties, and manage time effectively in a fast-paced environment to meet Accounts Payable, Business Services Division, University, state, and federal deadlines.
  • Strong attention to detail and the ability to interpret written rules and regulations.

Responsibilities

  • Support the Accounts Payable area within the Division of Business Services.
  • Independently audit invoices requiring a high level of knowledge and expertise and work with a wide variety of funding sources.
  • Enter invoice payment data into Workday.
  • Research, resolve, and respond to payment-related questions by providing advice, interpretation, and information on rules and regulations to the UW-Madison campus and occasionally to suppliers.
  • Reconcile transactions and recommend controls and process improvements, and troubleshoot complex financial errors.
  • Draft communications and advanced reports and maintain varied records to provide administrative support within the work unit.
  • Reallocate expenses to appropriate funding strings.
  • Audit or reconcile original purchase documents with payments.
  • Audit or process advanced transactions and assign funding codes in accordance with established rules, regulations, and policies.
  • Create general reporting for transactions.
  • Audit, monitor, organize, and update fiscal records, reports, and affiliated materials.
  • Review transaction-processing internal controls and recommend policies and procedures.
  • Answer advanced fiscal questions and provide information based on set materials and standards to various audiences.

Desired Qualifications

  • Ability to multitask and transition quickly between priorities to address specific situations.
  • Ability to contribute effectively as a team member, support efficient work-unit operations, and provide constructive feedback for continuous improvement in support of Accounts Payable and the Business Services Division.
  • Strong human relations and interpersonal skills to maintain effective, professional, and cooperative working relationships with managers, supervisors, coworkers, and internal and external customers.
  • Knowledge of generally accepted auditing principles, especially Accounts Payable procedures, and familiarity with Generally Accepted Accounting Principles (GAAP).
  • Proficiency in Excel and the ability to create complex spreadsheets and reports.
  • Knowledge of banking reconciliation software.
  • Knowledge of state Accounts Payable statutes and funding rules.
  • Knowledge of Accounts Payable tax withholding rules.
  • Knowledge of Workday, Perceptive Content (imaging software), and enterprise resource planning (ERP) matching systems.
  • Familiarity with the UW-Madison and UW System Chart of Accounts.
  • Knowledge of data management and data integrity.
  • Knowledge of accounting systems and familiarity with state and federal accounting and purchasing rules and regulations.
  • An associate's degree, preferably in Accounting or a related field.

About the Company

University of Wisconsin-Madison

Public research university in Madison, WI

The University of Wisconsin-Madison is a public land-grant research university founded in 1848 in Madison, Wisconsin. Its teaching, research, and public-service mission is guided by the Wisconsin Idea.

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