Accountant - Reconciliation & Reporting, SFA

Northern Kentucky University; Lancaster; On-site; USD 42,000 - 60,000; Full time

Job summary

An established industry player seeks a detail-oriented Accountant specializing in Reconciliation and Reporting. This pivotal role involves overseeing financial documentation for various aid programs while ensuring compliance with regulatory standards. The ideal candidate will have a Bachelor's degree in Accounting or Finance, along with four years of relevant experience. You'll engage in fiscal operations management, conduct audits, and analyze financial data to improve processes. If you're passionate about maintaining financial integrity and enjoy collaborating with diverse teams, this opportunity is perfect for you.

Qualifications

• Bachelor's Degree in Accounting or Finance and 4 years of experience required.
• Strong foundation in accounting principles and financial management is crucial.

Responsibilities

• Oversee fiscal operations of financial aid programs and manage budgeting.
• Conduct internal fiscal audits and provide recommendations on fiscal issues.

Skills

Accounting Principles

Financial Management

Communication Skills

Problem-Solving

Attention to Detail

Education

Bachelor's Degree in Accounting

Bachelor's Degree in Finance

Tools

MS Office

Job description

Posting Details

Position Information

Monday through Friday 8:15am to 4:30pm. Some weekend and evenings are required throughout the year.

Working Title	Accountant - Reconciliation & Reporting, SFA
Department	Student Financial Assistance
Compensation Title	Accountant, SFA Reconciliation/Reporting
Position Number	30000149
Position Status	Regular
Work Schedule
Hours per Week	37.5
Months per Year	12
Purpose of Position	This role, reporting directly to the Associate Director of Compliance and Processing, holds a central position in overseeing the preparation, processing, reconciliation, reporting, and maintenance of financial and accounting documentation for federal, state, and institutional financial aid programs. The incumbent navigates the complexities of compliance, ensuring adherence to regulatory standards, and plays a crucial role in maintaining the accuracy and integrity of financial records associated with various aid programs. With a meticulous approach, the individual actively engages in the reconciliation processes, addressing potential discrepancies, contributing to the generation of timely and accurate reports and effectively collaborating with the management team.
Primary Responsibilities	Fiscal Operations Management: Work closely with the Associate Director to oversee fiscal operations of financial aid programs. Manage budgeting, monitoring, reconciling, and reporting federal, state, and institutional financial aid funds, including work-study. Prepare and submit financial aid state, federal, and institutional reports, including FISAP. Coordinate oversight and drawdown of federal funds, reconciling ProSAM systems with Federal COD systems, including SAP. Assist in the Direct Loan Program reconciliation process. Collaborate with the management team and lead in responses to yearly audit findings. Serve as the department expert on matters related to account drawdown of federal and state funds. Internal Fiscal Audits: Conduct internal fiscal audits. Provide recommendations to the Office of Financial Assistance management team on detected fiscal issues related to federal, state, and institutional financial aid policies, rules and regulations. Communicate effectively with internal and external stakeholders regarding financial aid matters. Analyze financial aid data to identify trends, patterns, and areas for improvement. Present findings to the management team and contribute to strategic decision-making. Operational Support, Training and Reporting: Provide support to operations staff to resolve processing errors. Determine the source of errors and make recommendations for corrections to sub-systems. Train staff by explaining issues and resolutions. Compile and submit other reports/analysis as requested. Analyze financial aid data to identify trends, patterns, and areas for improvement. Present findings to the management team and contribute to strategic decision-making.
Qualifications	Bachelor's Degree in Accounting, Finance, or a related field and 4 years of related experience. A strong foundation in accounting principles and financial management is crucial for this role. Strong Communication Skills Proficient in both verbal and written communication. Interpersonal Skills: Ability to work effectively with individuals from diverse backgrounds. Problem-Solving Ability: Demonstrated capability to analyze and solve complex problems. Attention to Detail: Exceptional attention to detail in handling financial and accounting documentation. Computer/Technical Skills: Proficient in MS Office and relevant technical skills required for financial reconciliation and reporting.
Minimum Education	Acceptable Equivalency
Preferred Education	Bachelor's Degree
Minimum Experience	4 years
Salary	Minimum $42,549/ Annually
Pay Grade	S70

Posting Detail Information

Requisition Number	2024S2009
Job Open Date	09/25/2024
Job Close Date
Quick Link	https://jobs.nku.edu/postings/13797
Is this an internal only posting?