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Towson University (TU) has earned distinction as both a top-100 public university and one of the nation's great colleges to work for. Located north of Baltimore, TU currently enrolls over 20,000 students and is the second-largest university in the prestigious University System of Maryland. Towson University fosters a climate that is grounded in respect to cultivating the intellectual and personal growth of the entire university community.
The Accountant performs a variety of accounting functions while supporting the financial administration and oversight of grants and federal financial aid programs. The role serves as a liaison between Sponsored Research, Financial Aid, and Accounting, coordinating financial activities and ensuring compliance with applicable regulations, policies, and reporting requirements. This position requires strong accounting knowledge, analytical skills, and attention to detail to ensure the accuracy and integrity of financial records. The incumbent collaborates extensively with campus departments, providing guidance on grant accounting, accruals, deferrals, and other financial matters while fostering effective communication and adherence to established financial procedures. Telework may be available for this position up to two days per week following the completion of 90 days of service in good standing.
Responsibilities and Duties
- Analyze and prepare the appropriate documentation for federal draws for financial aid awards and designated grants. Review the Cash Origination Disbursement site against general ledger detail to ensure that amounts drawn are authorized amounts under each award and no funds are drawn that have not yet been earned.
- Financial Statements - Responsible for preparing financial schedules and reports, including compiling, researching, and analyzing the relevant data. Prepare journal entries for accruals and complete financial schedules. Assist with the implementation of any new GASB requirements.
- Enter new grant budget based on award information. Collaborate with Office of Sponsored Research to ensure that proper billing is entered into the general ledger. Reconciliation of grant accounts.
- Manage TU's Sales and Use tax accounts. Ensure monthly and quarterly sales and use taxes are completed. On monthly basis, review Maryland unclaimed properties and submit request funds on behalf of Towson University.
- Prepare the data for and submit 1099's annually to the state for processing. Work closely with accounts payable to resolve errors or issues. Coordinate with the state to ensure the timelines are met.
- Review of State agency reports. research and coordinate items that need to be corrected and adjusted. Research and coordinate with Accounts payable and the Stratus Financials team to determine the cause of the error. Identify, correct and release batches as complete. Contact any receiving State agency if corrections need to be made.
- Prepare monthly balance sheet account reconciliations using Excel and the ARCs reconciliation system, ensuring accuracy, completeness, and timely resolution of reconciling items. Develop, maintain, and document reconciliation procedures, templates, and supporting workflows to promote consistency, strengthen internal controls, and support audit and compliance requirements. Analyze variances, investigate discrepancies, and collaborate with relevant departments to resolve outstanding items and improve reconciliation processes.
Qualifications and Skills
Minimum Qualifications
- Bachelor's degree in accounting, finance, business administration, or a related field with at least 18 credits in accounting.
- At least two years of professional accounting experience.
- Working knowledge of Excel.
- Demonstrated ability to communicate effectively, build collaborative working relationships, learn and apply new concepts and processes, manage multiple priorities, and perform work with a high level of accuracy and attention to detail.
- Demonstrated ability to document processes, maintain organized workpapers, and create clear supporting documentation.
Preferred Qualifications
- Experience preparing reconciliations, journal entries, and supporting month-end close.
- Experience with ERP systems and advanced Excel skills.
- Experience supporting audits or preparing documentation.
- Experience in higher education, governmental, or nonprofit accounting.
Salary and Benefits
- Targeted hiring range of $75,000-$80,000 annually and full University benefits that include 22 days of annual leave, up to 17 holidays, personal and sick days; excellent health, life, and retirement plans; and tuition remission.
- TU also offers a variety of great perks and discounts, which can be found here .
Organization
Administration & Finance Division
Primary Location
Main Campus
Job Posting
Oct 26, 2026
Towson University is an Equal Opportunity Employer. If you need a reasonable accommodation for any part of the employment process, please send an email to: adarequest@towson.edu
Towson University is a smoke-free campus.