What are the responsibilities and job description for the Senior Asset Accountant position at University of South Carolina Student Government?
Posting Summary
Logo Posting Number STA00025PO25 Job Family Financial and Accounting Operations and Analysis Job Function Capital Assets USC Market Title Capital Assets Senior Accountant Link to USC Market Title https://uscjobs.sc.edu/titles/132881 Job Level P3 - Professional Business Title (Internal Title) Senior Asset Accountant Campus Columbia Work County Richland College/Division Division of Administration and Finance Department DAF Controller's Office State Pay Band 6 Approved Starting Salary $54,165 Advertised Salary Range $54,165 - $62,500 Location of Vacancy Part/Full Time Full Time Hours per Week 37.5 Work Schedule
About USC
About University of South Carolina
From the Upstate to the Lowcountry, the University of South Carolina system is transforming the lives of South Carolinians through the impact of our eight institutions and 20 locations throughout the state. More than 50,000 students are enrolled at one of eight institutions, including the research campus in Columbia and comprehensive four-year universities in Aiken, Upstate and Beaufort. In addition, our Palmetto College campuses in Salkehatchie, Union, Lancaster and Sumter enable students to earn associate or bachelor’s degrees through a combination of in-person, online or blended learning. All of our system institutions place strong emphasis on service — helping to build healthier, more educated communities in South Carolina and beyond.
Inclusive Excellence Statement
At the University of South Carolina, we strive to cultivate an inclusive environment that is open, welcoming, and supportive of individuals of all backgrounds. We recognize diversity in our workforce is essential to providing academic excellence and critical to our sustainability. The University is committed to eliminating barriers created by institutional discrimination through accountability and continuous process improvement. We celebrate the diverse voices, perspectives, and experiences of our employees.
Benefits for FTE Positions
The University of South Carolina (USC), through the State of SC and Public Employee Benefit Authority (PEBA), offers employees a valuable benefits package, including health and life insurance, generous paid leave and retirement programs. To learn more about USC benefits, access the "Working at USC" section on the Applicant Portal at https://uscjobs.sc.edu. Research Grant or Time-limited positions may be eligible for all, some, or no benefits, based on the grant or project funding.
Position Description
Advertised Job Summary
The Senior Asset Accountant is accountable for overseeing Capital Assets in the General Accounting department of the Controller’s Office. This role encompasses the daily review of capital assets, conducting physical inventories, preparing asset reports, and managing depreciation. Additionally, it involves researching and analyzing assets and capital projects associated with these assets, verifying and documenting financial transactions, and reconciling and reporting on capital assets and projects. This includes the review and preparation of both monthly and annual reports.
Job Related Minimum Required Education And Experience
Requires a bachelor’s degree in a job related field and 3 or more years of job related experience, which may be substituted by an equivalent combination of job related certification, training, education, and/or experience.
Preferred Qualifications
Required Certification, Licensure/Other Credentials Preferred Qualifications
Licensed CPA preferred
Knowledge/Skills/Abilities
Job Duty
Manage the Capital Owned and Leased Assets within the General Accounting department of the Controller’s Office to include recording of asset updates and transfers, adding donated assets from University affiliated entities, removing disposed assets in accordance with State Surplus procedures, reviewing and approving requisitions for asset purchases, processing monthly depreciation, Additionally, it includes executing the month-end asset management closing procedures within the Asset Management System.
Essential Function Yes Percentage of Time 40 Job Duty
Examine and process all modifications made to the Asset Management System and verify that all disposals, transfers, and additions are documented correctly, promptly, and with precision via monthly reconciliations of asset account codes, Asset Management system review queries, as well as certain non-asset account codes in search of improper account code application. Foster collaboration with department physical inventory users to guarantee that all assets are appropriately tagged and that the necessary documentation is obtained. Ensure that asset tag numbers are entered into the system on a recurring basis.
Essential Function Yes Percentage of Time 30 Job Duty
Conduct an annual physical inventory of capital assets, which encompasses leased assets, alongside a quarterly internal audit of the inventoried equipment. This includes appropriate training each year. This process is essential to verify the precision of the Asset Management System and the corresponding asset owners throughout the System. It is imperative that this task is finalized and reconciled with the Asset Management System.
Essential Function Yes Percentage of Time 15 Job Duty
Assist other team members by reconciling the monthly Lease Allocation and quarterly Construction in Process entries that affect the Asset Management Module.
Essential Function Yes Percentage of Time 10 Job Duty
Assist in the testing and validation of system updates, enhancements, and implementations while also performing comprehensive evaluations of processes and procedures to pinpoint opportunities for improvement.
Essential Function Yes Percentage of Time 5
Position Attributes
Employees in Safety-Sensitive or Security-Sensitive positions will be subject to pre-employment and post-employment drug testing in accordance with University policy HR 1.95 Drug and Alcohol Testing.
Safety Sensitive or Security Sensitive No Hazardous weather category Non-Essential
Posting Detail Information
Number of Vacancies 1 Desired Start Date Job Open Date 01/13/2025 Job Close Date 02/27/2025 Open Until Filled No Special Instructions to Applicant
Positions are advertised for a minimum of five (5) business days on our job website. After five (5) business days, positions can be closed at the discretion of the department at any time. This employment site is updated on a regular basis. The length of the recruitment and screening process may vary from position to position, depending upon a variety of factors. Should review of your qualifications result in a decision to pursue your candidacy, you will be contacted by phone or email.
We are only accepting applications submitted by February 27, 2025.
Quicklink for Posting https://uscjobs.sc.edu/postings/182073 EEO Statement
The University of South Carolina does not discriminate in educational or employment opportunities or decisions for qualified persons on the basis of age, ancestry, citizenship status, color, disability, ethnicity, familial status, gender (including transgender), gender identity or expression, genetic information, HIV/AIDs status, military status, national origin, pregnancy (false pregnancy, termination of pregnancy, childbirth, recovery therefrom or related medical conditions, breastfeeding), race, religion (including religious dress and grooming practices), sex, sexual orientation, veteran status, or any other bases under federal, state, local law, or regulations.
Logo Posting Number STA00025PO25 Job Family Financial and Accounting Operations and Analysis Job Function Capital Assets USC Market Title Capital Assets Senior Accountant Link to USC Market Title https://uscjobs.sc.edu/titles/132881 Job Level P3 - Professional Business Title (Internal Title) Senior Asset Accountant Campus Columbia Work County Richland College/Division Division of Administration and Finance Department DAF Controller's Office State Pay Band 6 Approved Starting Salary $54,165 Advertised Salary Range $54,165 - $62,500 Location of Vacancy Part/Full Time Full Time Hours per Week 37.5 Work Schedule
- Monday through Friday from 8:30 a.m. – 5:00 p.m.
- Potential for hybrid telecommuting schedule
About USC
About University of South Carolina
From the Upstate to the Lowcountry, the University of South Carolina system is transforming the lives of South Carolinians through the impact of our eight institutions and 20 locations throughout the state. More than 50,000 students are enrolled at one of eight institutions, including the research campus in Columbia and comprehensive four-year universities in Aiken, Upstate and Beaufort. In addition, our Palmetto College campuses in Salkehatchie, Union, Lancaster and Sumter enable students to earn associate or bachelor’s degrees through a combination of in-person, online or blended learning. All of our system institutions place strong emphasis on service — helping to build healthier, more educated communities in South Carolina and beyond.
Inclusive Excellence Statement
At the University of South Carolina, we strive to cultivate an inclusive environment that is open, welcoming, and supportive of individuals of all backgrounds. We recognize diversity in our workforce is essential to providing academic excellence and critical to our sustainability. The University is committed to eliminating barriers created by institutional discrimination through accountability and continuous process improvement. We celebrate the diverse voices, perspectives, and experiences of our employees.
Benefits for FTE Positions
The University of South Carolina (USC), through the State of SC and Public Employee Benefit Authority (PEBA), offers employees a valuable benefits package, including health and life insurance, generous paid leave and retirement programs. To learn more about USC benefits, access the "Working at USC" section on the Applicant Portal at https://uscjobs.sc.edu. Research Grant or Time-limited positions may be eligible for all, some, or no benefits, based on the grant or project funding.
Position Description
Advertised Job Summary
The Senior Asset Accountant is accountable for overseeing Capital Assets in the General Accounting department of the Controller’s Office. This role encompasses the daily review of capital assets, conducting physical inventories, preparing asset reports, and managing depreciation. Additionally, it involves researching and analyzing assets and capital projects associated with these assets, verifying and documenting financial transactions, and reconciling and reporting on capital assets and projects. This includes the review and preparation of both monthly and annual reports.
Job Related Minimum Required Education And Experience
Requires a bachelor’s degree in a job related field and 3 or more years of job related experience, which may be substituted by an equivalent combination of job related certification, training, education, and/or experience.
Preferred Qualifications
Required Certification, Licensure/Other Credentials Preferred Qualifications
Licensed CPA preferred
Knowledge/Skills/Abilities
- Knowledge of the principles, practices, theories and terminology of accounting, capital financing, debt management, tax, banking, budgeting, financial management or investment.
- Knowledge of capital assets and GAAP capitalization.
- Knowledge of state capital budgeting accounting processes.
- Knowledge of state government fiscal accounting processes.
- Knowledge of financial statement analysis.
- Ability to analyze and interpret complex financial data and reports.
- Ability to plan, organizes, review and supervise the work of subordinates.
- Ability to establish and maintain effective working relationships with others.
- Ability to communicate effectively.
Job Duty
Manage the Capital Owned and Leased Assets within the General Accounting department of the Controller’s Office to include recording of asset updates and transfers, adding donated assets from University affiliated entities, removing disposed assets in accordance with State Surplus procedures, reviewing and approving requisitions for asset purchases, processing monthly depreciation, Additionally, it includes executing the month-end asset management closing procedures within the Asset Management System.
Essential Function Yes Percentage of Time 40 Job Duty
Examine and process all modifications made to the Asset Management System and verify that all disposals, transfers, and additions are documented correctly, promptly, and with precision via monthly reconciliations of asset account codes, Asset Management system review queries, as well as certain non-asset account codes in search of improper account code application. Foster collaboration with department physical inventory users to guarantee that all assets are appropriately tagged and that the necessary documentation is obtained. Ensure that asset tag numbers are entered into the system on a recurring basis.
Essential Function Yes Percentage of Time 30 Job Duty
Conduct an annual physical inventory of capital assets, which encompasses leased assets, alongside a quarterly internal audit of the inventoried equipment. This includes appropriate training each year. This process is essential to verify the precision of the Asset Management System and the corresponding asset owners throughout the System. It is imperative that this task is finalized and reconciled with the Asset Management System.
Essential Function Yes Percentage of Time 15 Job Duty
Assist other team members by reconciling the monthly Lease Allocation and quarterly Construction in Process entries that affect the Asset Management Module.
Essential Function Yes Percentage of Time 10 Job Duty
Assist in the testing and validation of system updates, enhancements, and implementations while also performing comprehensive evaluations of processes and procedures to pinpoint opportunities for improvement.
Essential Function Yes Percentage of Time 5
Position Attributes
Employees in Safety-Sensitive or Security-Sensitive positions will be subject to pre-employment and post-employment drug testing in accordance with University policy HR 1.95 Drug and Alcohol Testing.
Safety Sensitive or Security Sensitive No Hazardous weather category Non-Essential
Posting Detail Information
Number of Vacancies 1 Desired Start Date Job Open Date 01/13/2025 Job Close Date 02/27/2025 Open Until Filled No Special Instructions to Applicant
Positions are advertised for a minimum of five (5) business days on our job website. After five (5) business days, positions can be closed at the discretion of the department at any time. This employment site is updated on a regular basis. The length of the recruitment and screening process may vary from position to position, depending upon a variety of factors. Should review of your qualifications result in a decision to pursue your candidacy, you will be contacted by phone or email.
We are only accepting applications submitted by February 27, 2025.
Quicklink for Posting https://uscjobs.sc.edu/postings/182073 EEO Statement
The University of South Carolina does not discriminate in educational or employment opportunities or decisions for qualified persons on the basis of age, ancestry, citizenship status, color, disability, ethnicity, familial status, gender (including transgender), gender identity or expression, genetic information, HIV/AIDs status, military status, national origin, pregnancy (false pregnancy, termination of pregnancy, childbirth, recovery therefrom or related medical conditions, breastfeeding), race, religion (including religious dress and grooming practices), sex, sexual orientation, veteran status, or any other bases under federal, state, local law, or regulations.
Salary : $54,165 - $62,500
