Capital Equipment Specialist

About the Job

Hybrid Work Environment

Salary range : $54,500 - $64,500, DOQ

Responsibilities include but are not limited to :

65% - Fabrication, CPPM and FM purchase analysis for capitalization and correction.

Identify and track capital purchases associated with fabrications.Run daily reports to identify fabrication that does not integrate into the Asset Management database.

Manages department communications to determine proper capitalization, identify and initiate corrective procedures, and helps to determine in-service dates for record creation.

Identify and create capital equipment records associated with Facilities Management capital equipment purchases.Gather information needed to create capital equipment records.

Ensure monthly purchases are put in service within 4 weeks to prevent backlog.

Identify and track capital purchases associated with CPPM projects.Provide CPPM staff guidance to identify capital equipment items for capitalization.

Identify to CPPM staff those items that have been incorrectly capitalized and need corrections. Ensure capital equipment records are created before project close.

30% - Perform analysis of capital equipment transactions for proper capitalization.

• Identify PCard, employee reimbursements, trade-in’s, and non-integrated purchases to the Asset management module and place items in service.
• Analyze non-capital accounts to identify capital purchases.
• Collaborate on errors and solutions.
• Provide error correction requests to the Capital Asset Team for manual correction journal entries to be entered in EFS.

5% - Other duties as assigned :

Identify and perform process improvement projects.

Qualifications

Required Qualifications (please document on the resume) :

• Bachelor’s degree in Finance, Accounting or related field, plus at least two years professional accounting, finance, or related experience or a combination of six years related education and work experience.
• Must be detail-oriented.
• Ability to apply analytical and critical thinking.
• Demonstrated ability to meet deadlines and problem-solve.
• Ability to work independently, reliably, but also adept in team settings.
• Experience and proficiency using spreadsheets, software systems, and reporting software.
• Experience using general ledger financial applications and interpreting financial data.
• Excellent communication skills, both verbal & written.
• Demonstrated ability to provide strong customer support.

Preferred Qualifications (please document on the resume) :

• Four or more years of accounting experience.
• Experience with University of Minnesota policies, procedures, and accounting systems.
• Demonstrated working knowledge of capital asset accounting, accounts payable and general ledger.

Benefits

Working at the University

At the University of Minnesota, you’ll find a flexible work environment and supportive colleagues who are interested in lifelong learning.

We prioritize work-life balance, allowing you to invest in the future of your career and in your life outside of work.

The University also offers a comprehensive benefits package that includes :

• Competitive wages, paid holidays, and generous time off
• Continuous learning opportunities through professional training and degree-seeking programs supported by the
• 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)
• Financial counseling services
• Employee Assistance Program with eight sessions of counseling at no cost
• with free or reduced rates in the Twin Cities metro area
30+ days ago