What are the responsibilities and job description for the Accountant position at College of Lake County?
Position Title:
AccountantDepartment:
Finance DivisionPosition Type:
StaffJob Family:
SpecialistJob Summary:
The College of Lake County is currently searching for an Accountant to join the Finance Department.The Accountant reports to the Controller the Finance team with complex issues and analysis. The Accountant will be responsible for maintaining proper accounting procedures and all necessary financial reporting as well as all necessary analysis for Balance Sheet accounts and P&L analysis. This role partners with a broad range of key stakeholders across The College of Lake County. This position is a key role for the Accounting and Finance team.
Why choose the College of Lake County for your next opportunity?
The College of Lake County (CLC) offers a competitive salary, excellent benefits that includes Blue Cross Blue Shield of Illinois health, Delta Dental and Superior Vision insurance plans, tuition support for employees and qualified family members, three retirement plans, disability, group and supplemental life insurance, health and dependent care flexible spending account plans, a compressed work week in the summer (Closed Fridays!!), generous vacation, sick and personal time off and 14 paid holidays each year. Some benefits will not be available for part-time employees (ex: health insurance).
CLC is a comprehensive community college located in northeastern Illinois committed to being an innovative educational institution providing life-changing paths for our students by offering exceptional learning experiences. CLC achieved a milestone in 2023 with its designation as a Leader College. This national recognition awarded by the Achieving the Dream Network is the result of improved student outcomes through the CLC’s relentless commitment to transformational change and the implementation of innovative practices within the student success model over the past few years.
CLC aspires to be a place where every student succeeds, every employee thrives, so that every business achieves and every community grows. Our mission is to be innovative and value-driven in supporting student success through developing and encouraging employees of all backgrounds on their journey toward achieving personal and professional growth.
Posting Date:
01/13/2025Expected Start Date:
03/03/2025Compensation Grade:
C41Full-Time/Part-Time:
Full timeLocation:
Grayslake CampusTotal Hours Per Week:
40Job Description:
- Ensure compliance with State Fiscal rules and legislation, OMB Circulars, GAAP and GASB .
- Prepares the monthly, quarterly, and year-end closings, including audit schedules for various balance sheet P&L accounts.
- Prepares journals when needed for the monthly Procurement card/credit card charges.
- Performs monthly reconciliations for multiple bank accounts encompassing multiple funds, sources of revenue, receipts, expenses, and disbursements, with reconciling entries and making all necessary journal entries as needed.
- Analytical review of all balance sheet P&L accounts reconciliations.
- Prepares and maintains any necessary financial reports including all reports required by Government agencies and audit.
- Prepare Financial complex reports, Schedules and special studied requiring a broad knowledge of principles, practices and precures for internal and external reporting requirements.
- Performs general accounting functions such as researching errors, performing adjustment entries, and monitoring general ledger transactions.
- Prepare and perform Fixed asset management tasks, which include reviewing capitalizing expenses and making all necessary adjustments. It requires periodically communications with Facility managers for the best practice.
- Assist daily Student related financial transactions and work closely with Student account team.
- Provide guidance and sound judgements to internal term and external stakeholders such as various level of program managers.
- Assists, prepares and collaborates with team and various departments in performing audit-related tasks, including annual audit and other audit tasks.
- Provide operational support for various back-office systems including, but not limited to Oracle, PeopleSoft, ERP and other in-house systems.
- Support Accounting projects as needed
Required Qualification(s) :
Bachelor’s degree in Accounting or Business field.
Advance Excel skills and proficient in Microsoft Office
Minimum four (3) years of Accounting experience
Ability to collaborate cross-functionally
Good communication and written skills
Detail oriented; ability to prioritize and work under time constraints.
Strong analytical and problem solving skills
Proven ability to work effectively and constructively with persons of diverse cultures, language groups, and abilities; demonstrate sensitivity to and ability to work with the diverse academic, socioeconomic, cultural and ethnic backgrounds of community college students, faculty, and staff, including those with disabilities; establish and maintain effective working relationships with those contacted in the course of work.
Desired Qualification(s)
Audit experience desired.
Strongly desired CPA , CMA or progress toward certification
Master’s in Business Administration preferred
Experience with Fund Accounting
Hiring Range
$55,000 - $70,000 (Commensurate with experience and education).
Interviews will continue until this position is filled.
EEO Statement
College of Lake County is an Equal Opportunity Employer with a policy of non-discrimination. Qualified applicants are considered without regard to race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age (40 or older), disability and genetic information (including family medical history).
Salary : $55,000 - $70,000