Accounting Officer

Willmar Lakes Area Chamber of Commerce; Willmar (MN); On-site; USD 24,000 - 36,000; Full time

Benefits offered by this job

11 paid holidays

Medical Insurance

Dental Insurance

Parental Leave

Retirement Plan

Job summary

Ridgewater College is seeking an experienced Finance Accountant to lead grant accounting, financial reporting, and banking/disbursement activities. The role requires strong GAAP knowledge, accuracy in budgeting, and a proven ability to reconcile complex accounts.

The position includes managing grants, leases, and revenue contracts, with a focus on timely reporting and close collaboration with the Vice President of Finance and Operations. A Bachelor’s degree with relevant experience is preferred.

Qualifications

• Two years of work-related experience. A Bachelor's degree may substitute for 12 months, and an Associate's degree may substitute for 6 months.
• Skilled in accounts receivable and computerized billing systems, with the ability to accurately enter, access, and correct financial data.
• Experienced in accounting systems, capable of querying and compiling records, preparing reports, and supporting spending plans, financial status updates, and budget requests.
• Knowledge of basic accounting procedures, ensuring compliance with GAAP and maintaining precise, complete financial records.
• Skilled in analyzing, interpreting, reconciling, and preparing financial information; adept at identifying discrepancies and recommending effective solutions.

Responsibilities

• Financial management of grants (federal, state, private), projects, and agreements. Maintain chart of accounts to reflect accurately the cost of grant/project operations and monitor financial data throughout the period.
• Prepare invoicing per grant/interagency agreements and reconcile special allocations with SWIFT.
• Provide budgeting summaries and monthly/ad-hoc reports; audit budget reports and initiate corrections as needed.
• Ensure lease agreements, PSEO contracts, and college revenue activities are accurate and completed by deadlines; monitor cash flow and year-end closings of appropriations.
• Process data to identify discrepancies, resolve issues, and perform journal entries or adjustments as required.

Skills

Accounts receivable

Billing systems

GAAP knowledge

Financial reporting

Budgeting

Education

Bachelor's degree substitute for 12 months

Associate's degree preferred

Tools

ISRS

MnSCU Accounting

Workday

Microsoft Office

State of Minnesota eServices

Perceptive Content

Job description

Campus: Hutchinson or Willmar (chosen upon hire)

Bargaining Unit: MAPE, 214

Employment Condition: Full Time, Unlimited

Classified Status: Classified

Work Schedule: Monday – Friday, 8:00AM-4:30PM

Work Area: Business Office

Wage: $24.40- $35.30 /hourly ::: $50,947 -$73,706/annually

This position will perform fiscal management functions and accounting work for Ridgewater College by providing leadership in accounting reconciliation processes, compliance monitoring, financial reporting, financial transaction processing (banking, purchasing, disbursement, payroll, grants, etc.)

This position applies knowledge in accounting to provide financial management analysis, consultation and training for the college.

Principle Responsibilities Include

• Financial management of grants (federal, state, private), projects, and agreements. Maintain chart of accounts to reflect accurately the cost of grant/project operations. Monitor the financial data throughout the grant/project period ensuring expenses are within parameters of grant/project. Provide required financial reports, complete reimbursement requests for federal and state grants and submit to grantor and assist grant director with close-out requirements including audit. Prepare invoicing per grant/interagency agreements. Reconcile special allocations and grants with SWIFT to ensure accuracy.
• Provide accounting services to ensure lease agreements, PSEO contracts and college revenue activities are accurate and completed according to deadlines. Determine cash flow assistance and monitor appropriations and the year-end closing of all appropriations. Regularly review and monitor:
  • Lease agreements - Monitor lease agreements to ensure terms are followed and revenue is receipted appropriately.
  • PSEO contract and letter communications to ensure processes are followed and appropriate actions are taken. Upon receipt of the signed contract notify billing and admissions of appropriate action. Ensure terms are followed and accounts are handled appropriately.
  • Sales tax reporting is accurate and that payments are processed in a timely manner to meet required deadlines.
  • Fund activity and balances. Process data identifying discrepancies and initiate the appropriate action to resolve issues. Includes sales tax submission and reporting, entertainer tax reporting, record donations, financial aid, VA Chapter 33 funding, student tool charges. Make recommendations on future direction and alternative solutions. Ensure costs of operations is reflected accurately, and funding is received or disbursed on time.
  • Special project assistance. Assist with special projects as assigned by Vice President of Finance and Operations.
  • Void checks and cancel direct deposits. Ensuring funds are handled appropriately, reissued or returned to source.
  • Reconciliation of State Financial Aid
• Provide budget summary and detail reports monthly and upon request. Interpret and audit budget reports, provide details, identify discrepancies and initiate the appropriate correction. Determine, initiate and communicate the appropriate action to resolve issues; this may include a journal entry, expenditure correction, purchasing adjustments or a budget revision. Ensure expenditures are properly recorded in Minnesota State Accounting System within the guidelines of Ridgewater College, Minnesota State and State of Minnesota policies and procedures.
• Perform other duties as assigned to ensure the smooth functioning of the department and maintain the reputation of the organization as a viable business partner.

Minimum Qualifications

• Two years of work-related experience. A Bachelor's degree may substitute for 12 months, and an Associate's degree may substitute for 6 months.
• Skilled in accounts receivable and computerized billing systems, with the ability to accurately enter, access, and correct financial data.
• Experienced in accounting systems, capable of querying and compiling records, preparing reports, and supporting the development of spending plans, financial status updates, and budget requests.
• Knowledge of basic accounting procedures, ensuring compliance with Generally Accepted Accounting Principles (GAAP) and maintaining precise, complete financial records.
• Skilled in analyzing, interpreting, reconciling, and preparing financial information; adept at identifying discrepancies and recommending effective solutions to procedural or fiscal issues.
• Ability to interpret and explain accounting and related fiscal policies, procedures, and practices to customers
• Knowledge of business practices, principles, and protocols as applied to disbursements, purchasing and receipts techniques

Preferred Qualifications

• Associate’s degree in Accounting, Business, or a related field.
• Demonstrated ability to organize, prioritize, and perform effectively under pressure while meeting deadlines with accuracy; adaptable to acquiring new skills and knowledge as responsibilities evolve.
• Familiarity with ISRS, MnSCU Accounting, Workday, Microsoft Office Suite, credit card systems, State of Minnesota eServices (DOR collections), and Perceptive Content.
• Hands-on experience with document management systems, including setup and ongoing maintenance (e.g., Perceptive Content).
• Competence in developing and documenting procedures, recommending best practices, and revising processes in response to changing requirements and technologies.
• Commitment to fostering inclusivity, with demonstrated knowledge of and interest in diverse cultures and populations.
• Proven ability to maintain confidentiality and handle sensitive information with discretion.

Applications Must Include

• Resume
• Cover Letter

Why Work For Us

GREAT BENEFITS PACKAGE! Minnesota State offers a comprehensive benefits package including:

• 11 paid holidays each year
• Medical Insurance (Single Coverage $48.94 per month and Family Coverage is $333.91 per month)
• Dental Insurance (low deductibles; single coverage $14.50 per month and family coverage is $61.86 per month)
• Paid Parental Leave (six weeks)
• Employer paid life insurance
• Short and Long Term Disability
• Pre-tax Flexible Spending Accounts (Medical and Dependent Care)
• Retirement Plan
• Tax-deferred Compensation
• Generous vacation and sick leave

Additional Requirements

In accordance with the Minnesota State Colleges & Universities (MnSCU) Vehicle Fleet Safety Program, employees driving on college/university business who use a rental or state vehicle shall be required to conform to MnSCU’s vehicle use criteria and consent to a Motor Vehicle Records check.

Other Information

Employment information for this position can be found in its collective bargaining agreement or its plan document at http://mn.gov/mmb/employee-relations/labor-relations/Labor/

Contact

If you have questions about the position, contact Felicia Telecky at [e-mail] or 320-234-8534.