What are the responsibilities and job description for the Senior Accountant position at ST THOMAS UNIVERSITY INC?
Job Details
St. Thomas University - Accounting
POSITION SUMMARY:
Supports the Controller and Director of Accounting with daily accounting operations. Performs a variety of accounting and analytical duties efficiently, professionally and with minimum supervision. Utilizes the ERP financial systems proficiently. Communicates extensively with all department budget officers and personnel. Completes routine and ad hoc financial reporting. Participates significantly in year-end close and audits.
CHARACTERISTIC DUTIES AND RESPONSIBILITIES:
Financial Analysis and Reporting:
- Ensure the integrity of financial data, systems, and the continued maintenance and development of the financial reporting tool.
- Assist in the preparation of monthly fund accounting financial reports.
- Assist in the preparation of monthly financial reports as required by FASB and University standards and formats.
- Perform monthly general ledger reconciliation of gifts, pledges, and other contributions with University Advancement.
- Perform monthly reconciliations for investments, including the endowment pool ensuring all transactions are timely and properly recorded.
- Prepare audit work papers, schedules and other reports as requested from external auditors. Assist Director of Accounting in preparing annual audited financial reports and footnotes.
- Monitor assigned general ledger accounts and transactions to ensure accuracy and efficient reporting.
- Maintain and monitor various balance sheet accounts including monthly reconciliations.
- Perform regular diagnostics and maintenance of integrations between the accounting system and other University systems
- Coordinate integration maintenance with other offices and University staff.
- Maintain chart of accounts, including proper classification and budget officer assignments.
Budgets:
- Assist in balancing, reconciling, distributing and data input of the University’s annual operating and restricted budget data.
- Confirm budget transfers do not exceed budget allocations. Communicate with various University budget officers of any improper transfers or the unavailability of budget funds and resolve discrepancies.
Fixed Assets & Leases:
- Manage the inventory of fixed assets.
- Manage capital and construction accounting policies and procedures.
- Responsible for identifying, recording tagging of new assets.
- Manage and perform updates and monitoring of the fixed asset ERP system, including maintaining capitalization and depreciation policies.
- Complete quarterly fixed assets journal entries and related schedules.
- Maintain capital and operating lease schedules, and complete quarterly capital leases journal entries.
Other:
- Responsible for recording and reconciling payroll and fringe benefits.
- Manage and maintain the vendor database, including updating and entering new vendors.
- Assist in the daily bank cash position report and bank reconciliations and serve as backup during the absence of the Accountant/Analyst.
- Assist with special projects when requested by the Director of Accounting and/or Controller.
- Comply with departmental and University safety rules and regulations.
- Serve on University committees as requested.
- Perform other duties as assigned by supervisor.
SUPERVISION RECEIVED:
Incumbent performs routine assignments independently, following established standard practices. Supervisor advises and mentors this position to ensure compliance with position requirements and University goals and objectives.
SUPERVISION EXERCISED:
May train or direct work of college-work study students.
Qualifications
POSITION QUALIFICATIONS/SPECIFICATIONS:
Bachelor's Degree in accounting, finance or business administration is required. Minimum of four years experience in a similar position required, preferably in a college/university. Experience with computerized accounting systems, reconciliation, and preparation of financial statements, general ledger maintenance, fund accounting and FASB not for profit policies preferred. Extensive knowledge & proficient use of spreadsheet software (Excel) required. Must possess a high level of analytical and deductive reasoning skills. Must have the ability and flexibility to work with a wide variety of constituents in a diverse community. Must possess the ability to exercise initiative, set priorities, work independently and as part of a team; handle confidential matters with discretion and sensitivity. Must possess good customer service and excellent communication (verbal and written) skills. Ability to train and teach others. Professional appearance and demeanor, with attention to detail and strong organizational skills. Position may require irregular work hours on an as needed basis. Physical requirements are within the normal bounds of an office environment.
Salary Range: $75,000.00-$80,000.00
Salary : $75,000 - $80,000
