University Accountant

Overview
McMurry University is seeking a detail-oriented and analytical University Accountant to join our Business Office team. This position plays a critical role in supporting the financial operations of the university by ensuring accurate and timely accounting of transactions, assisting with budget tracking, preparing financial reports, and supporting audits and compliance efforts.

The ideal candidate is highly organized, values integrity, and thrives in a collaborative environment. This role contributes to the financial stability and accountability of the university, supporting our mission of delivering a high-quality educational experience to students.

For full consideration please apply: https://mcm.peopleadmin.com/postings/4518

Duties

1. Preparation of audit work papers for the annual audit.

2. Analyze and update fixed assets.

3. Prepare year end Athletics Analysis report for budget/Athletic Fund usage and remaining budget balances.

4. Journal entry preparation:

a. Year-end journal entries required for audit preparation and closing of fiscal year

b. First of month journal entries for recurring items and depreciation

c. Preparation of month end journal entries for inter-department charges, adjustment to investment statements, reconciliation of general ledger accounts, bank fees, and interest

d. Daily Journal entries for daily activities and balancing of general ledger accounts for all funds.

e. Journal entries to record daily bank transactions.

f. Assist with quarterly journal entries review for internal controls documentation

5. Periodic reporting:

a. Prepare Tripster Insurance report and Campers Insurance report annually

b. Prepare and submit TWC magnetic media reporting

c. Prepare monthly Sales Tax Report.

d. Payroll tax deposits through the Electronic Federal Tax Payment system

e. Reconcile monthly bank statements, investment statements, and balance sheet accounts.

6. Endowed Funds, Endowed Scholarships and Flow- thru scholarships:

a. Update scholarship financial worksheet and reconcile to general ledger.

b. Calculate and provide to Financial Aid an estimate for future year awarding.

c. Coordinate with Development office on time of eligibility to spend earnings on Endowed funds and award Endowed Scholarships.

d. Maintain files for scholarships and endowed funds.

e. Prepare year end endowment reports for Donor Relations’ use in Endowment reporting to Donors.

7. Reconcile Development’s 5-year report to general ledger on a monthly basis.

8. Invoicing for McMurry Miscellaneous Accounts Receivable and departmental billings.

9. Work with Dual Credit Academy team to prepare and record payments on invoices

10. Monitor and transfer funds through the Cash Management banking system. This includes recording and transferring financial aid funds, making payroll and other cash transfers or wires for daily operations.

11. Report on a daily basis the current cash position to the Controller and V.P. of Financial Affairs and Administration.

12. Deposit and prepare journal entries for any money received other than student account payments including (but not limited to):

a. Funds received through the Development office

b. Monies received for investment items

c. Other monies received through the accounting office for specific funds or projects

d. Financial aid funds received through electronic deposits

13. Health Insurance:

a. Prepare journal entries for health insurance claims, premium payments, reserves, and claims transfers.

b. Initiate bank transfers to fund claims payments and monthly insurance reserve.

13. Betty Jo Mowry, Inc.: Maintain bank account, pay joint interest billing, and deposit funds received for oil runs.

14. Monitor departmental budgets and funds available/spent for projects

15. Authorize expenditures by check and credit cards

16. Registration renewal for school vehicles and maintain related documents.

17. When necessary, will serve as backup:

a. Make budget adjustments in accounting system

b. Draw down federal funds on G5 governmental site

c. Balance cash at the end of day

18. When the Controller is absent, the University Accountant will perform some of their duties as specified by the Controller.

19. Assist in draw downs for Grants Account Office.

20.Check signing.

21. Set up and maintenance of Chart of Accounts.

22. Upkeep of permanent files.

Required Education/Experience: Bachelor’s degree in accounting required. 2-3 years previous equivalent accounting experience.

Preferred Education/Experience: Bachelor’s degree in accounting; previous experience working in an accounting office on a university campus.

Job Type: Full-time

Benefits:

• 401(k) matching
• Dental insurance
• Employee assistance program
• Health insurance
• Life insurance
• Paid time off
• Vision insurance

Schedule:

• 8 hour shift
• Evening shift
• Monday to Friday

Work Location: In person