Physical Inventory Financial Specialist II

Financial Specialist II

Under the general supervision of the Finance Associate Director of Property Control, this position supports the campus-wide policy and procedures associated with capital equipment recognition on the annual financial statements. The Property Control team members are part of the Financial Information Management Group of Business Services. This group works to support the proper accounting and attestation of financially recognized capital equipment values including guidance on capital cost valuations, physical inventories, loans, transfers, audits, dispositions, training, and analytics.

The team is responsible for the consistent evaluation and maintenance of the asset management module of UW Madison's financial software in accordance with GAAP, Federal, State and UW System reporting requirements. This position will manage and perform physical inventory audit reconciliations, schedules, and reporting activities to ensure the accuracy, completeness, and compliance of capital equipment records. Maintain and update asset records, general ledger accounts, and financial reports within automated financial systems to support the accurate recording, tracking, and reporting of capital equipment transactions.

Provide guidance and customer service to internal and external stakeholders regarding physical inventory and capital equipment policies, procedures, and requirements. Lastly, assist with the development and delivery of training, resources, and support to campus departments to promote compliance and effective asset management practices.

The starting salary for the position is $50,000; actual pay will depend on experience and qualifications. This position offers a comprehensive benefits package, including generous paid time off, competitively priced health/dental/vision/life insurance, tax-advantaged savings accounts, and participation in the nationally recognized Wisconsin Retirement System (WRS) pension fund. For a summary of benefits, please see https://(Use the "Apply for this Job" box below)..

Minimum of 2 years of accounting, finance, or business administration.

Business experience including: asset related accounting and reporting principles and practices, asset management related data gathering and analysis, asset physical inventory management, experience working with large volumes of data records and related database systems, skills in managing multiple, complex activities and projects simultaneously, exposure to university, state, and federal accounting and administrative rules, regulations, and procedures, demonstrate knowledge and experience with the principles and practices of governmental accounting, including Generally Accepted Accounting Principles (GAAP), ability to establish and maintain effective working relationships, demonstrated problem solving decision-making ability within a team environment, ability to exercise sound judgment and discretion in developing, applying, and interpreting policies and procedures, strong Microsoft Office Suite experience, strong oral and written communication skills.

Required:

Associate's Degree; focus on finance, accounting, business or a closely related field required. Preferred:
Bachelor's Degree in accounting, finance or related field of business studies.