Accountant 3 - Central (A)

University of Miami; United States; Remote; USD 70,000 - 95,000; Full time

Job summary

The University of Miami is seeking an Accountant 3 - Central to maintain financial records and ensure transactions are accurately recorded, reconciling subsidiary ledgers to the general ledger.

This role supports ERP audits and year-end statements, prepares balance sheets and income statements, analyzes costs and revenues, and mentors lower-level accountants while upholding university policies and confidentiality.

Qualifications

• Bachelor's degree in relevant field is required.
• Minimum 5 years of relevant accounting experience.
• Proficient in accounting software and MS Office.

Responsibilities

• Prepare complex balance sheets, income statements, and other financial reports.
• Analyze costs, revenues, and obligations to forecast future results.
• Mentor and supervise junior accountants.
• Ensure compliance with legal and university policies.
• Maintain confidentiality of information.

Skills

Learning agility

Teamwork

Technical proficiency

Communication

Education

Bachelor's degree in relevant field

Job description

The Accountant 3 - Central maintains financial records and ensures that financial transactions are properly recorded. This position safeguards the accuracy of entries to ledger accounts and reconciles subsidiary ledger accounts to the general ledger.

DEPARTMENT SPECIFIC JOB FUNCTIONS

1. Prepares complex balance sheets, profit and loss statements, and other financial reports. 2. Analyzes current costs, revenues, financial commitments, and obligations incurred to predict future revenues and expenses. 3. Oversees, mentors, and assists lower-level accountants. 4. Avoids legal challenges by complying with legal requirements. 5. Protects the organization's value by keeping information confidential. 6. Updates job knowledge by participating in educational opportunities, reading professional publications, maintaining personal networks, and participating in professional organizations. 7. Prepares and records asset, liability, revenue, and expense entries by compiling and analyzing account information. 8. Creates financial reports for taxes, regulatory agencies, and stockholders. 9. Adheres to University and unit-level policies and procedures and safeguards University assets. This list of duties and responsibilities is not intended to be all-inclusive and may be expanded to include other duties or responsibilities as necessary.

DEPARTMENT PREFERRED QUALIFICATIONS

Education: Bachelor's degree in relevant field required

Certification and Licensing: Not required.

Experience: Minimum 5 years of relevant experience required

Knowledge, Skills and Abilities:

• Learning Agility: Ability to learn new procedures, technologies, and protocols, and adapt to changing priorities and work demands.
• Teamwork: Ability to work collaboratively with others and contribute to a team environment.
• Technical Proficiency: Skilled in using office software, technology, and relevant computer applications.
• Communication: Strong and clear written and verbal communication skills for interacting with colleagues and stakeholders.

Department Specific Functions

The Sr. Accountant assists the Accounting Manager with the Employee Retirement Plan (ERP) audits and Form 5500 tax returns. The Sr. Accountant is involved in the year-end footnotes as it relates to investments. Ensures an effective and efficient workflow, identifies and assists in implementing opportunities for improvement, and ensures compliance with accounting standards and university policy. Reviews investments and limited partnership agreements, and interprets transactions in a clear and concise manner.

• Responsible for preparation of Retirement Plan special period-end and year-end financial statements.
• Analyzes Trustee statement transactions and prepares monthly journal entries for input into the Retirement Plan accounting system.
• Prepares year-end related Retirement Plan audit work papers, audit schedules, and financial statements.
• Responsible for tracking various large cash transfers of funds to and from investment accounts and reconciles to Trustee statements.
• Tracks divested securities to and from separately managed investment accounts.
• Interacts directly with key members of the external audit team.
• Assists with developing procedures related to the Retirement Plan financial reporting processes and recommends changes as needed.
• Prepares Form 5500 tax return and inputs data into the tax software.

The University of Miami is recognized as one of the nation's premier research institutions and academic health systems and is among the largest employers in South Florida. With more than 20,000 faculty and staff, the University is committed to excellence and guided by a mission to positively impact the lives of students, patients, and communities locally and globally. We are dedicated to fostering a culture where every individual feels valued and empowered to contribute meaningfully. United by shared values, the University community works together to build an environment defined by purpose, collaboration, and service.

The University of Miami is an Equal Opportunity Employer. Applicants and employees are protected from discrimination based on certain categories protected by Federal law.

Job Status: Full time Employee Type: Staff

The mission of the University of Miami is to transform lives through education, research, innovation, and service. A vibrant and diverse academic and healthcare community, the University of Miami and the University of Miami Health System (\"UHealth\") have rapidly progressed to become one of the nation's top research universities and academic medical centers in the nation. The University comprises 12 schools and colleges serving undergraduate and graduate students in more than 350 majors and programs. Visit welcome.miami.edu/about-um to learn more about our points of pride. The University ranks No. 55 on U.S. News & World Report's 2022 Best Colleges list and ranked No. 49 in the 2022 Wall Street Journal/Times Higher Education College Rankings. Bascom Palmer Eye Institute is ranked the #1 eye hospital in the USA and offers some of the nation's premiere eye doctors to treat every eye condition for adults. Sylvester Comprehensive Cancer, part of the Miller School of Medicine, received the prestigious National Cancer Institute designation in 2019. The University of Miami and UHealth have also ranked among the Forbes Best Employers and Best Employers for Women on several occasions, most recently in 2022. With more than 17,000 faculty and staff, the University strives for excellence, and is driven by a powerful mission to transform and impact the lives of its students, patients, members of the community, and people across the globe.

The University of Miami is an Equal Opportunity Employer. Applicants and employees are protected from discrimination based on certain categories protected by Federal law.