Accountant II

Charlotte-Mecklenburg Schools; Charlotte (NC); On-site; USD 55,000 - 75,000; Full time

Job summary

Charlotte-Mecklenburg Schools is seeking an Accountant II to perform a range of accounting duties, including cash and investment management, financial statement analysis, and account reconciliations. The role reports to the Executive Director of Accounting and involves coordinating with multiple departments to ensure accurate financial reporting.

Responsibilities include preparing statements, managing deposits, and monitoring expenditures for compliance, with an expectation of three years of

Qualifications

• 120 semester hours from an accredited college or university to include a Bachelors degree with a major course work in Business or Accounting
• Three (3) years of professional accounting experience
• Accounting experience in government or school systems preferred
• Equivalent combination of education and experience

Responsibilities

• Deposit daily funds and post to cash ledgers and the appropriate account codes in Lawson
• Reconcile cash ledgers monthly
• Monitor county appropriations and prepare monthly reports
• Forecast cash flow needs and ensure funds for disbursements
• Prepare monthly, quarterly, and annual financial statements
• Prepare journal entries to correct balances
• Review expenditures for compliance with laws and grants
• Submit monthly sales tax return
• Collaborate with schools on bank accounts and signature requirements
• Invest idle cash and prepare investment reports
• Perform bank reconciliations and positive pay reviews
• Attend conferences to stay current on accounting policies

Skills

Cash management

Financial analysis

Account reconciliations

Budget codes

Education

Bachelor's degree in Accounting

CPA exam eligibility

Tools

Lawson

Job description

The Accountant II, under general supervision, performs a variety of technical and analytical accounting duties including cash and investment management, financial statement analysis and preparation, and account reconciliations.

Qualifications

To perform this job successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

NC 15 Salary Non-Certified Schedule/Full-time, 12 months

Reports To

Executive Director of Accounting

Place of Work

The normal place of work is on the premises used by Charlotte-Mecklenburg Schools. Charlotte- Mecklenburg Schools reserves the right to require you to work at such other place(s) as it may reasonably require from time to time.

Essential Functions

• Adhere to all state, federal, and local laws, policies, and procedures
• Compile and ensure all funds received by CMS are deposited daily into local bank. Record and post daily deposit of funds on cash ledgers and in the appropriate account codes in Lawson. When necessary, obtain appropriate budget codes from the Budget Department. Prepare and process bank deposits via remote or takes deposit to bank
• Reconcile cash ledgers monthly. Research and resolve all cash posting discrepancies
• Monitor and track county appropriations. Verify that all county appropriations, fines, and fees are received at year end. Serve as backup for completion of the monthly county report
• Forecast and project cash flow needs. Evaluate funding requirements and ensure funds are available for all cash disbursements
• Prepare monthly, quarterly, and annual financial statements
• Record necessary workpaper and journal entries to correct account balances
• Prepare financial projections for the Enterprise Funds as needed
• Prepare journal entries to record month end transactions
• Review expenditures for compliance with Federal, State, and local laws, rules and regulations and grants
• Submit monthly sales tax return. Compile data and complete necessary forms to request the sales tax refund from the North Carolina Department of Revenue
• Participate on a cross functional team to analyze and review monthly financial statements. Draft explanations of statement variances to assist management in evaluating results. Prepare final financial statements and explanations after meeting with management. Prepare reports resulting from special requests from management staff as needed. Monitor status and provide updates as requested and deemed necessary
• Assist accountants and accounting associates with account and bank reconciliation issues. Train staff as needed
• Collaborate with schools to facilitate bank account changes to include signature requirements on the individual school checking accounts as needed. Review and approve checks submitted from schools for Chief Financial Officer signature
• Establish and maintain a relationship with representatives from all banks that handle CMS funds and companies that recover returned checks. Arrange periodic meetings for review and discussion of account options
• Monitor investments to ensure interest earned is reasonable. Invest idle cash of central office and school system in select investment accounts. Prepare monthly investment report. Calculate and properly allocate interest earned on investments to the appropriate departments and schools. Notify departments and schools monthly of the amount of interest earned. Complete semi-annually the deposit and investment activity report to the North Carolina State Treasury
• Review and submit accounts payable and payroll positive pay files. Manually input positive pay information in institution system if file is not available or for emergency issuance of checks. Perform adjustments to files for zero dollar checks and checks manually entered same day. Submit files electronically to the North Carolina State Treasury Department and local banks
• Review daily the positive pay exception file. If exceptions exist, investigate checks listed and either authorizes or rejects for payment. Process stop payments on State and Local bank accounts
• Involved with the preparation of the Comprehensive Annual Financial Report
• Attends conferences and meetings to remain current on programs and accounting policies and procedures as needed
• Perform related work as assigned or required

# of Jobs 1.00

Teacher Scale N

Minimum Educational Requirements Bachelors

Term 12 Month

Additional Job Information

Education and Experience

• 120 semester hours from an accredited college or university to include a Bachelors degree with a major course work in Business or Accounting
• Three (3) years of professional accounting experience
• Accounting experience in government or school systems preferred
• Equivalent combination of education and experience

Special Requirements

• Qualified to sit for the North Carolina Certified Public Accountant (CPA) Examination. The educational requirement to sit for the examination is a bachelor's degree (120 hours) from a college or university accredited by one of the regionally accredited associations in any subject that includes, or is supplemented by, a concentration in accounting.

21 CAC 08A.0309, Concentration in Accounting, states:

A concentration in accounting includes:

• at least 30 semester hours, or the equivalent in quarter hours, of undergraduate accountancy courses which shall include no more than six semester hours of accounting principles and no more than three semester hours of business law;
• at least 20 semester hours or the equivalent in quarter hours, of graduate accounting courses that are open exclusively to graduate students;
• a combination of undergraduate and graduate courses which would be equivalent to Subparagraph (1) or (2).

• Possess and maintain a valid driver's license or ability to provide own transportation
• Travel to school district buildings and professional meetings

In compliance with Federal Law, Charlotte - Mecklenburg Schools administers all education programs, employment activities and admissions without discrimination against any person on the basis of gender, race, color, religion, national origin, age or disability.