Senior Accountant - Reconciliations & Compliance

The Chronicle Of Higher Education, Inc.; Houston (TX); On-site; USD 55,000 - 75,000; Full time

Job summary

The University of Houston System is seeking a professional accountant to maintain the accounting for a major business area and ensure compliance with GAAP, federal, state, and NACUBO guidelines. You will prepare journal entries, monthly reconciliations, and financial reports, and assist department administrators with accounting questions.

Responsibilities include contract reviews, state/federal reporting, advising on accounting issues, and enhancing department cash handling practices.

Qualifications

• Requires a formal 4-year degree in accounting or related field.
• Minimum of one year of directly job-related experience.
• Knowledge of generally accepted accounting principles.

Responsibilities

• Maintains the accounting of a major business area, including table maintenance, submission, reconciliation of data feed, account reviews and corrections.
• Ensures that all system-related transactions are made in accordance with generally accepted accounting principles and federal, state, university and NACUBO guidelines.
• Prepares journal entries to correct FRS records; conducts monthly reconciliations; prepares cash receipts for cash received through Electronic Funds Transfer; review transfers to state or federal agencies; may calculate and record the reserve for bad debt.
• Assists college/department business administrators with questions relating to the accounting activity.
• Conducts contract compliance review to ensure adherence to terms and conditions of agreements.
• Prepares recurring financial reports for state and/or federal agencies and may prepare Profit and Loss Statements.
• Advises manager on accounting issues and may coordinate office activities in the manager's absence.
• May review departmental accounting practices to ensure compliance with guidelines; conduct review of department cash handling practices; conduct review of cash incident reports; follow-up on cash deposit discrepancies; and make recommendations.
• Performs other job-related duties as assigned.

Skills

GAAP knowledge

Reconciliation

Financial reporting

Education

Bachelor's degree in Accounting

Job description

The University of Houston System is seeking a professional accountant to maintain the accounting for a major business area and ensure compliance with GAAP, federal, state, and NACUBO guidelines. You will prepare journal entries, monthly reconciliations, and financial reports, and assist department administrators with accounting questions.

Responsibilities include contract reviews, state/federal reporting, advising on accounting issues, and enhancing department cash handling practices.