Accounting Analyst 1 (Entry Level)

lsu; United States; On-site; USD 48,000 - 62,000; Full time

Job summary

LSU seeks an Accounting Analyst 1 (Entry Level) to support centralized fringe benefits and financial operations at LSU. The role focuses on bank reconciliations, Workday processes, cash reporting, and ensuring proper accounting for campus transactions.

Strong attention to detail and ability to work with university administrators is required. Responsibilities include handling unclaimed property, state draws, and year-end closing entries.

Qualifications

• Bachelor's degree in Accounting or related field with 24 hours of accounting coursework.
• LSU values skills, experience, and expertise; degree not required if experience meets requirements.

Responsibilities

• Prepare seven bank reconciliations for LSU system campuses and manage the University's Workday reconciliation system.
• Monitor clearing accounts and balance monthly; adjust at year-end.
• Process monthly cash journal entries for electronic deposits on behalf of university departments and other LSU System campuses.
• Assist with state cash reporting, including ACT 587 report.
• Audit internal billings, cost transfers, and accruals; support EIBs and journal corrections in Workday.

Education

Bachelor's degree in Accounting

Job description

All Job Postings will close at 12:01a.m. CST (1:01a.m. EST) on the specified Closing Date (if designated).

Job Posting Title

Accounting Analyst 1 (Entry Level)

Position Type

Professional / Unclassified

Department

LSUAM AS - BFAR - FAR - FS - Fringe Benefits (Jennifer Gendron Richard (00003151))

Work Location

0204 Thomas D. Boyd Hall

Pay Grade

Professional

Job Description

• 40% Prepares seven bank account reconciliations for various LSU System campuses. Administers the University's Workday reconciliation system. Monitors all clearing accounts associated with the bank reconciliations, including balancing those accounts on a monthly basis and ensuring they are adjusted at yearend. Processes monthly cash journal entries based on electronic deposits received on behalf of university departments and other LSU System campuses. Responsible for state cash reporting, not limited to ACT 587 report.
• 20% Provides assistance to faculty, staff, students, and vendors in all matters related to university-issued checks, including processing stop payments, cancellations, and reissues. Receives all returned checks and assesses the issue independently or with the university contact. Coordinates the annual reporting of Unclaimed Property to the State Treasurer's Office.
• 20% Requests the drawdown of funds from the State Treasurer's Office, including general state appropriations and statutorily dedicated funds. Collaborates with University administration and state agencies to ensure all available funds are drawn appropriately. Accounts for the disbursement of funds timely to all other LSU campuses and ensures they properly record their appropriations and update respective budgets. Maintains control of petty cash accounts; monitors accounting procedures to ensure that all reimbursements are made in compliance with University petty cash policies; audits petty cash accounts annually and updates records for custodians and locations of such funds.
• 10% Audits and approves internal billings and cost transfers for propriety and completeness. Communicates with campus departments to assist with problem resolution when compliance issues arise. Reviews EIBs from departments and other campuses for accuracy and notifies the supervisor once they are approved and ready for upload into Workday.
• 10% Prepares accruals, adjustments, closing entries, GASB 35 entries, and footnotes at fiscal yearend to be included in the LSU System's Annual Financial Report. Runs cumulative error reports and initiates EIB corrections or journal corrections for accounting errors in Workday. Performs other duties and additional projects as assigned by the Assistant Director, Associate Director, and Director.

Minimum Qualifications

• Bachelor's degree in Accounting or a closely related field with 24 hours of college accounting
• LSU values skills, experience, and expertise. Candidates who have relevant experience in key job responsibilities are encouraged to apply-a degree is not required as long as the candidate meets the required years of experience specified in the job description.

Preferred Qualifications

• Bachelor's degree in Accounting

Physical Qualifications

This position requires the physical ability and eye-hand coordination necessary to use a computer terminal, calculator, laptop, tablet, copier, telephone, and other office equipment. This position requires the ability to sit in the same position for extended periods (3.5 to 4 hours) at a time using continuous hand motions when using a calculator or entering data into the computer system. This position requires the ability to communicate clearly and effectively through the use of phone, email, and direct contact with individuals (including conducting training sessions and presentations). Scheduled or non-scheduled overtime may be required to meet the needs of the division.

Additional Job Description