SUMMARY:

Under general supervision, performs standard accounting functions such as ledger maintenance, cost analysis, reconciliation, posting, and inventory control. Analyzes financial and operating data and prepares management reports and financial statements.

DUTIES AND RESPONSIBILITIES:

• Analyzes and reviews budgets and expenditures for local, state, federal, and private funding, contracts, and grants ensuring compliance with fiscal accountability and reporting and funding requirements.
• Monitors and reviews accounting and related system reports for accuracy and completeness; prepares and reviews budget, revenue, expense, and payroll entries, invoices, and other accounting transactions.
• Analyzes revenue and expenditure trends, recommends appropriate budget levels, and ensures expenditure control.
• Advises and interprets policies to faculty, staff, and outside persons such as vendors and funding source representatives, explains billings and reports, and resolves related problems.
• Develops accounting applications; oversees the input and handling of financial data and reports for the institution's finance and human resources systems.
• Participate in auditing projects, as appropriate to individual operating needs.
• May coordinate the preparation of regularly scheduled and special billings and financial statements for local, state, federal, and private funding sources.
• Prepare accounting entries for proration of indirect costs, letters of credit, salary reallocations, loan transactions, financial aid disbursements, refunds, and repayments.
• May develop, negotiate, and defend a unit's operating budget and consult with management of the unit on the fiscal aspects of program planning, salary recommendations, and other administrative actions.
• May supervise and/or lead lower graded staff and/or student employees.
• Assist Sr. Accountant in day-to-day operations.
• Perform Bank Transfers.
• Perform bank and account reconciliations.
• Performs miscellaneous job-related duties as assigned.

MINIMUM JOB REQUIREMENTS:

Bachelor's degree in Accounting, or in a related field including at least 12 credit hours of Accounting with 1 to 3 years experience directly related to the duties and responsibilities specified.

KNOWLEDGE, SKILLS, AND ABILITIES REQUIRED:

• Ability to analyze budgetary expenditures for compliance with funding agencies' budget, policies and procedures.
• Spreadsheet software skills to quantify and illustrate routine financial reports, comparisons, impacts, and/or projections.
• Account balancing and reconciling skills.
• Knowledge of computerized information systems used in financial and/or accounting applications.
• Ability to effectively communicate accounting information, policies, and/or procedures in a manner easily understood by the customer.
• Ability to serve on committees which develop accounting policies and procedures.
• Knowledge of university and/or public auditing policies, standards, and procedures.
• Knowledge of finance, accounting, budgeting, and cost control procedures.
• Ability to supervise and train assigned staff.
• Knowledge of current changes and/or developments in applicable federal, state, local laws, and university policies and procedures.
• Knowledge of University accounting procedures involving procurement, travel, and/or employment.
• Knowledge of standard and/or fund accounting principles, methods and applications.
• Knowledge of federal and state financial regulations.
• Ability to analyze and interpret financial data and prepare financial reports, statements and/or projections.

DISTINGUISHING CHARACTERISTICS:

Position requires: a) Developing spreadsheets to quantify and illustrate routine financial reports, statements, comparisons, impacts and projections using standard and fund accounting principles, methods and applications; b) Analyzing revenue and expenditure trends. Ensuring expenditure control, and recommending appropriate budget levels; and c) Effectively monitoring and communicating accounting information, public and private auditing standards, budget information, and funding agencies' policies and procedures.

WORKING CONDITIONS AND PHYSICAL EFFORT:

• Work is normally performed in a typical interior/office work environment.
• No or very limited physical effort required.
• No or very limited exposure to physical risk.