Reconciliation Accountant

Purdue University; Fort Wayne (IN); Hybrid; USD 50,000 - 62,000; Full time

Benefits offered by this job

Free tuition through Purdue University

Fee remission for Purdue degree (self,

Insurance starts day one

Generous PTO

Job summary

Purdue University Fort Wayne is seeking a full-time, on-site Reconciliation Accountant in our Accounting & Budget office. Financial professional who will serve in a key role supporting the Purdue Fort Wayne campus in financial related matters ensuring compliance, monitoring and controlling for all business areas.

The annual pay for this position is $56,000.00. Primary responsibilities include daily treasury reconciliation, Banner-to-SAP reconciliation, interfacing with DOE’s G5 system for Title

Qualifications

• BA/BS degree or candidate working toward degree.
• 3 years of experience in accounting/finance.
• Strong analytical skills.

Responsibilities

• Review daily treasury report for payments posting for financial aid deposits.
• Daily Banner-to-SAP reconciliation.
• Interfaces with Department of Education’s G5 system to initiate draw requests for Title IV funds such as Direct Loans, PELL, SEOG, and Federal Work Study.
• Initiate refunds for unused Alternative Loans.
• Initiate refunds for Perkins Loans, PELL and Direct Loans.
• Reconcile all financial aid accounts: Direct Loans, PELL, SEOG, FWS, Outside Scholarships, ICHE, Alternative Loans & Chapter 33.
• Reconcile Chase Bank and cash-in-transit accounts.
• Provide financial aid with information for FISAP audit.
• Performs FWS reconciliation to uncover discrepancies between Payroll, SAP, and Banner.
• Reconciles previously unreconciled accounts and creates procedures to more easily perform future reconciliations of that account.
• Other duties as assigned.

Skills

Strong analytical skills

3 years accounting/finance experience

Education

BA/BS degree or in progress

Job description

We are currently seeking a full-time, on-site Reconciliation Accountant in our Accounting & Budget office. Financial professional who will serve in a key role supporting the Purdue Fort Wayne campus in financial related matters ensuring compliance, monitoring and controlling for all business areas. This person will possess a bias for action and also a strong desire for financial reporting and analysis. The annual pay for this position is $56,000.00.

Primary Responsibilities:

• Review daily treasury report for payments posting for financial aid deposits
• Daily Banner-to-SAP reconciliation
• Interfaces with Department of Education’s G5 system to initiate draw requests for
• Title IV funds such as Direct Loans, PELL, SEOG, and Federal Work Study
• Initiate refunds for unused Alternative Loans
• Initiate refunds for Perkins Loans, PELL and Direct Loans
• Reconcile all financial aid accounts: Direct Loans, PELL, SEOG, FWS, Outside Scholarships, ICHE, Alternative Loans & Chapter 33
• Reconcile Chase Bank and cash-in-transit accounts
• Provide financial aid with information for FISAP audit
• Performs FWS reconciliation to uncover discrepancies between Payroll, SAP, and Banner
• Reconciles previously unreconciled accounts and creates procedures to more easily perform future reconciliations of that account
• Other duties as assigned.

Required Qualifications:

• BA/BS Degree- consideration will be given to those working towards their degree.
• 3 years of experience in accounting/finance.
• Strong analytical skills.

Preferred Qualifications:

• BA/BS with 2 years accounting experience.
• Free tuition through Purdue University Global.
• Fee remission for a traditional Purdue degree for yourself, your spouse, and your child(ren).
• Insurance starts on first day of employment.
• Generous Paid Time Off – additional PTO in December.
• Purdue will not sponsor employment authorization for this position.
• Resumes and cover letters that contain portraits or personal information will not be reviewed by the hiring committee.
• A background check and misconduct will be required for employment in this position.