What You'll Do

This position reports to the VP, Finance & Administration. The Accountant would be responsible for monthly, quarterly, and annual financial reporting; accounting reconciliation; review of the submission of accounts receivable and accounts payable transactions; reviewing/approving journal entries or as needed completion of journal entries; assist in year-end closure and prepare reports for year-end analysis; support UMS departments with financial data requests; contribute to any special projects assigned by the UMS's VP of Finance & Administration

(45%) Responsible for monthly financial reports 

• Download financial data and financial reports (gross payroll register, service unit billings) from the central ERP system to update monthly financial statements and management reports. 
• Monitor, analyze, reconcile, and prepare monthly financial statement; income statement, balance sheet, and statement of cash flow and management reports.
• Investigate financial discrepancies and report findings to VP, Finance & Administration for review and plan of action.                                                            
• Distribute monthly financial statements and financial reports to various internal and external stakeholders.
• Customize as needed financial reporting systems and processes to address ongoing updates
• Meet with respective department leadership to review monthly financial data
• Make any necessary follow-up adjustments

(20%) Monthly Variance Analysis and Reconciliations

•  Prepare balance sheet and income statement flux analysis and research variances, perform monthly reconciliation of the general ledger detail for both income statement and balance sheet activity
• Review compiled ledger data on a weekly basis via Accounts Payable online system
• Review weekly wire transfer from University to outside checking account 
• Reconcile monthly bank statement to ledger 
• Review prepared templates, populate with appropriate data from queries and various systems
• Transfer approved budgets to UMS department heads and establish monthly spread of the budget
• Prepare monthly budget variance reports in conjunction with internal UMS departments
• Meet and discuss monthly variance and plans to correct any budget shortfalls to ensure proper accounting of funds
• Provide monthly budget variance report to VP, Finance & Administration for review

(15%) Journal Entry Preparation and Submission

• Prepare, process and post regular monthly journal entries (i.e. general ledger corrections, show revenue, prepaid expenses, depreciation, online donations, service charges, credit card transfers, etc.)
• Prepare and post semi-annual affiliate settlements via journal entries based on the prepared settlement report
• Prepare, process and post annual year-end closing entries
• Review weekly voucher accounts payable journal entry uploads for chartfield accuracy

(15%) Various

• Assist the VP for Finance in various special projects and other duties as directed
• Run ad hoc reports as necessary

(5%) 990 Tax reporting

• Assist VP for Finance with completion of IRS tax form 990
• Assist in manipulation of UMS audited financial data to populate IRS 990 forms

Who We Are

Housed on the campus of the University of Michigan in Ann Arbor, UMS is one of the oldest performing arts presenters in the country, committed to connecting audiences with performing artists from around the world in uncommon and engaging experiences. With a program steeped in music, dance, and theater, UMS contributes to a vibrant cultural community by presenting approximately 50-60 performances and over 100 free educational activities each season. UMS also commissions new work, sponsors artist residencies, and organizes collaborative projects with local, national, and international partners. 

UMS was selected as one of the 2014 recipients of the National Medal of Arts, the nation's highest public artistic honor. 

UMS values a culture of diversity, equity, and inclusion. UMS supports recruiting and cultivating a diverse workforce, as it reflects our commitment to serving the diverse people of Michigan and beyond.

Please visit our website: https://ums.org/

Required Qualifications*

• Bachelor Degree in Accounting.
• Knowledge and practice of Accounting concepts, practices, and procedures
• Experience in financial accounting, reconciling, creating, analyzing, and reporting financial information as evidenced by 5-8 years of accounting work experience.
• Proficiency in data querying software (e.g. PeopleSoft).  Knowledge of different data systems resulting in examples of how data is extracted, manipulated, and used in a report.
• Proficiency in Microsoft Office Products, particularly advanced functions in Excel.
• Strong customer service competencies
• Demonstrated ability to create clear written procedures and/or oral presentations 
• Demonstrated ability to be a positive influence on the work team as evidenced by an approachable, positive attitude resulting in increased collaboration and support of group initiatives.
• Strong organizational skills with attention to detail, ability to problem solve and use critical thinking skills and a self-starter with the ability to multi-task and prioritize.

Desired Qualifications*

• Experience working in a non-profit organization
• Experience working with a performing arts organization
• Knowledge of University of Michigan policies and procedures
• Knowledge of CRM systems
• Experience with M-Pathways (PeopleSoft), Business Objects Querying/Reporting Tool

Modes of Work

Positions that are eligible for hybrid or mobile/remote work mode are at the discretion of the hiring department. Work agreements are reviewed annually at a minimum and are subject to change at any time, and for any reason, throughout the course of employment. Learn more about the work modes.

This Temporary Full-time in-person position is based in Ann Arbor, MI.  

U-M EEO/AA Statement

The University of Michigan is an equal opportunity/affirmative action employer.