What are the responsibilities and job description for the STAFF ACCOUNTANT 1 position at State of Louisiana?
This position is a non-supervisory, unclassified position within the Disbursement/Retirement section of Payroll. This position is responsible for the direct deposit function in Workday, reconciling and remitting 403(b)B and 457(b) plan payments via Retirement and Deferred Compensation and general payroll accounting functions for all of the Baton Rouge paid campuses, which are comprised of LSU A&M, LSUE, LSUA, LSUS, LSU Agricultural Center, and Pennington Biomedical Research Center.
45% Manages the direct deposit function in Workday, including submitting the pre-note files for Payroll, Expense and Bursar Student refunds. Balances/audits daily correction and return reports along with any necessary ad hoc entries for returns and the reissue of returned payroll payments to corrected accounts. Requires an understanding of the National Automated Clearing Association (NACHA) rules and regulations and ACH codes. Communicates extensively with employees, students, and our representative from JP Morgan Chase to verify and correct banking information. Creates required reversing entries for overpayments and the required ad hoc bank entries for bank returns.
20% Maintains knowledge and keeps abreast of supplemental retirement programs, which include but is not limited to 6 companies under the IRC Section 403(b), IRC Section 401(k) plan, and IRC Section 457(b) plan, and federal and state tax laws as they relate to these plans. Reviews and approves all salary reduction agreements. Monitors the maximum contribution allowance and coordinates limits to be aggregated on all university employees to ensure that no employee is allowed to shelter more than the maximum allowed by law. Monitors the monthly disbursement of funds via Electronic Funds Transfer for Retirement Manager and Deferred compensation and prepares related ACH entries for these payments.
20% Reconciles monthly ledgers and remits payments at the end of the month for miscellaneous payroll deductions withheld from employees paychecks. These include Start Savings, LSU Foundation United Givers and other miscellaneous deductions.
15% Performs other duties as assigned by Payroll Management, including participating in any required Workday testing due to changes affecting payment elections and retirement. This also includes updating monthly newsletters and the payroll website so that employees and students are aware of the latest changes. This also may include providing sufficient backup and support to other desks in the Disbursement/Retirement section.
Additional Job Description: Special Instructions: A copy of your transcript(s) may be attached to your application (if available). However, original transcripts are required prior to hire.Please provide three professional references including name, title, phone number, and e-mail address.
Please attach ALL required documents under the "Resume/CV" section of your application.
For questions or concerns regarding the status of your application or salary ranges, please contact Jacanda Martin-Holland at jcmartin@lsu.edu or (225) 578-2128.
Additional Position Information:
Background Check - An offer of employment is contingent on a satisfactory pre-employment background check.
Benefits - LSU offers outstanding benefits to eligible employees and their dependents including health, life, dental, and vision insurance; flexible spending accounts; retirement options; various leave options; paid holidays; wellness benefits; tuition exemption for qualified positions; training and development opportunities; employee discounts; and more!
Positions approved to work outside the State of Louisiana shall be employed through Louisiana State University’s partner, nextSource Workforce Solutions, for Employer of Record Services including but not limited to employment, benefits, payroll, and tax compliance. Positions employed through Employer of Record Services will be offered benefits and retirement as applicable through their provider and will not be eligible for State of Louisiana benefits and retirement.
Essential Position (Y/N):LSU is an Equal Opportunity Employer.HCM Contact Information:For questions or concerns related to updating your application with attachments (e.g., resumes, RS:17 documents), date of birth, or reactivating applications, please contact the
LSU Human Resources Management Office at 225-578-8200 or email HR@lsu.edu. For questions or concerns regarding the status of your application or salary ranges, please contact the department using the information provided in the Special Instructions section of this job posting.
Salary : $60,000
