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Sr Accountant University of Rochester

Company: University of Rochester
Location: Rochester
Posted on: November 9, 2019

Job Description:

Job ID ****** Location School of Nursing Full/Part Time Full-Time Favorite Job Regular/Temporary Regular Opening Full Time 40 hours Grade 053 SON Staff/Education Programs Schedule 8:30 AM-5 PM Responsibilities Position Summary: Under the general direction of the Administrator for Education with latitude to exercise independent judgement in the development of budgets, monitoring of financial activity and preparation of quarterly and year-end reports. Performs advanced accounting work with responsibility in one or more areas of the SON and University's accounting systems including financial reporting, classification of account funds and sponsored programs accounting for education. The Sr. Accountant will assist the education administrator in the implementation of the financial vision for the education mission of the SON. Conduct detailed analysis of accounts, including account history, trends, forecasts and the drivers of each; costing analysis of programs; perform market analysis for new programs and new program business plans. Provide accurate financial information to support the successful financial management of the education mission. Responsibilities Responsible for the financial accuracy and integrity of all accounting/ financial transactions including revenue, personnel, salary and non-salary expenditures for the education mission. Requires in-depth knowledge of operational costs and revenue pertaining to each educational program, and includes trending, forecasting, and drivers for each. This includes the oversight, review and/or approval of requests from the staff accountant, financial aid coordinator and other internal and external stakeholders for non salary and salary related expenditures. Oversees and audits the reconciliation process using judgment to determine whether account balances are reasonable, in alignment with GAAP and in accordance with University policy and procedure. Initiates corrective action where necessary. Liaison with purchasing, finance, payroll, and other departments when necessary. Preparation of annual budget using the University on-line budgeting system incorporating assumptions formalized by the strategic plan initiatives and budget meetings. Document detailed budget justifications and rationale for budget calculations. Prepare budgets in conjunction with appropriate personnel as needed. On-going monitoring of budget to actual expenses, including preparation of variance reports with detailed justification. Preparation of year end projections including financial analysis & narrative explaining items deviating from budget. In collaboration with SON leadership, develops incremental budget changes required to match resources against revenue projections. Evaluate, strategize and amend as needed in collaboration with the Administrator for Education, the processes and procedures of the Education mission to maintain compliance with the University, local, state and federal regulation to ensure effective, efficient and accurate operations. Design financial reports and spreadsheets as needed for senior officials of SON to identify trends and variances and resolve budgeting discrepancies. Ad-hoc reporting, as assigned by Education Administrator, SON Associate Dean for Education or SON CFO. Supervise staff accountant and financial aid coordinator providing ongoing feedback, training and development. Assign projects and deadlines to ensure efficient and effective financial operations of the Education mission. Providing oversight of the financial team's maintenance & organization of supporting documentation for all financial transactions as well as review salary and non-salary reconciliation reports for accuracy and appropriateness of charges. Maintain archived files and destroy files as appropriate according to University record retention policy. Provide financial oversight and prepare all financial documents necessary for grants and awards including all pre-award and post-award financial reports; monitor expenses on monthly basis to ensure accuracy; forecast grants and operations year/grant end positions to ensure that expenses are in accordance with budget and grant guidelines; recommend changes to budget if necessary; identifies and correct any errors; gather supporting documentation to remain in compliance with foundation, state and federal grant regulations; liaison with principal investigator, awarding body, ORPA, and ORACS regarding budget issues, award notices, and any issues that arise. Benchmarking and financial analysis pertaining to new initiatives. Conduct market studies and develop budgets and business plans in collaboration with the Administrator for Education for new initiatives. Providing a detailed justification and rationale for all assumptions and metrics. Requirements Bachelor's degree in Accounting, and 3 years' experience as staff accountant; or equivalent combination of education and experience. CLASP certification preferred. Willingness to share information and knowledge, and assist on special projects and other related duties. Position requires strong computing skills and the ability to calculate, interpret and analyze figures/statistical data. Excellent Excel skills as well as accounting/encumbrance systems; accuracy and attention to detail is essential. In addition, strong communications skills (verbal and written), and the willingness to learn and adapt to new systems and changes in institutional priorities and policies are required. How To Apply All applicants must apply online. EOE Minorities/Females/Protected Veterans/Disabled

Keywords: University of Rochester, Rochester , Sr Accountant University of Rochester, Accounting, Auditing , Rochester, New York

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