Accountant 2 - (496184 )

The Chronicle Of Higher Education, Inc.; Houston (TX); On-site; USD 55,000 - 75,000; Full time

Job summary

The University of Houston System is seeking a professional accountant to maintain the accounting for a major business area and ensure compliance with GAAP, federal, state, and NACUBO guidelines. You will prepare journal entries, monthly reconciliations, and financial reports, and assist department administrators with accounting questions.

Responsibilities include contract reviews, state/federal reporting, advising on accounting issues, and enhancing department cash handling practices.

Qualifications

• Requires a formal 4-year degree in accounting or related field.
• Minimum of one year of directly job-related experience.
• Knowledge of generally accepted accounting principles.

Responsibilities

• Maintains the accounting of a major business area, including table maintenance, submission, reconciliation of data feed, account reviews and corrections.
• Ensures that all system-related transactions are made in accordance with generally accepted accounting principles and federal, state, university and NACUBO guidelines.
• Prepares journal entries to correct FRS records; conducts monthly reconciliations; prepares cash receipts for cash received through Electronic Funds Transfer; review transfers to state or federal agencies; may calculate and record the reserve for bad debt.
• Assists college/department business administrators with questions relating to the accounting activity.
• Conducts contract compliance review to ensure adherence to terms and conditions of agreements.
• Prepares recurring financial reports for state and/or federal agencies and may prepare Profit and Loss Statements.
• Advises manager on accounting issues and may coordinate office activities in the manager's absence.
• May review departmental accounting practices to ensure compliance with guidelines; conduct review of department cash handling practices; conduct review of cash incident reports; follow-up on cash deposit discrepancies; and make recommendations.
• Performs other job-related duties as assigned.

Skills

GAAP knowledge

Reconciliation

Financial reporting

Education

Bachelor's degree in Accounting

Job description

Department: GeneralAccounting Salary: Commensurate withExperience/Education

Description

Performs professional accounting work responsible for a majorbusiness area, such as student billing system, Federal Title IVprograms, and so forth.

1. Maintains the accounting of a major business area, includingtable maintenance, submission, reconciliation of data feed, accountreviews and corrections.

2. Ensures that all system-related transactions are made inaccordance with generally accepted accounting principles andfederal, state, university and NACUBO guidelines.

3. Prepares journal entries to correct FRS records; conductsmonthly reconciliations; prepares cash receipts for cash receivedthrough Electronic Funds Transfer; review transfers to state orfederal agencies; may calculate and record the reserve for baddebt.

4. Assists college/department business administrators withquestions relating to the accounting activity.

5. Conducts contract compliance review to ensure adherence toterms and conditions of agreements.

6. Prepares recurring financial reports for state and/or federalagencies and may prepare Profit and Loss Statements.

7. Advises manager on accounting issues and may coordinateoffice activities in the manager's absence.

8. May review departmental accounting practices to ensurecompliance with guidelines; conduct review of department cashhandling practices; conduct review of cash incident reports;follow-up on cash deposit discrepancies; and makerecommendations.

9. Performs other job-related duties as assigned.

MQ: Requires a thorough understanding of both theoretical andpractical aspects of an analytical, technical or professionaldiscipline; or the basic knowledge of more than one professionaldiscipline. Knowledge of the discipline is normally obtainedthrough a formal, directly job-related 4 year degree from a collegeor university or an equivalent in-depth specialized trainingprogram that is directly related to the type of work beingperformed.

Requires a minimum of one (1) year of directly job-relatedexperience.

Additional Posting Information

Prefer applicant to have experience with Bank Reconciliationsand someone with experience completing high volume reconciliationswhere he/she needs to research and analyze a large amount of data,experience reviewing accounting processes and writing accountingprocedures, and have good attention to detail.

All positions at the University of Houston-System are securitysensitive and will require a criminal history check.

The University of Houston System and its universities are EqualOpportunity Institutions. Everyone is encouraged to apply.