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University of Rochester Sr Accountant - 215357 in Rochester, New York

Sr Accountant

Job ID

215357

Location

Central Administration

Full/Part Time

Full-Time

Favorite Job

Regular/Temporary

Regular

Opening

Full Time 40 hours Grade 053 Bursars Office-Finance

Schedule

8 AM-5 PM

Responsibilities

POSITION SUMMARY:

Using knowledge and application of generally accepted accounting principles (GAAP) perform professional accounting work in financial analysis, reporting and reconciliations of the University's financial management systems (UR Financials general ledger, UR Student receivables system, and the University's financial aid system, Power FAIDS). Responsible for the accurate and timely recording and reconciliation of all student related transactions in the UR Financials system, which supports the University's audited financial statement. Develop and recommend policies, procedures and process improvements to ensure the accuracy, completeness and effectiveness of accounting and financial information. Reports directly to the University Bursar; dotted line to Manager of General Accounting.

During the transition period to a new student system, serve as a key member of the Central Finance and UR Student Project teams dedicated to reconciliation between student information systems, UR Financials system and the financial aid system. Work closely with the UR Student Finance Project team to support the new student information system implementation.

Supervise the Staff Accountant and Accounting Bookkeeper in the Bursar's Office for the reconciliation of all student related general ledger accounts and daily cash transactions.

RESPONSIBILITIES:

Reconciliation of student balances between student information systems and UR Financials

Responsible for the reconciliation of student balances between the legacy and new student information systems and UR Financials to ensure no change in the student accounts receivable balances after cutover to the new student system. Work closely with the Bursar Offices and UR Student Finance Team to confirm student balance information prior to and immediately following cutover. Participate in student accounts receivables training in both legacy and new student information systems.

Work closely with the Financial Reporting and General Accounting teams in Central Finance to confirm account receivable balances in student information systems reconcile with student receivables in UR Financials. Participate in UR Financials system training.

Performance Standard:

Performance is measured on the timely and accurate reconciliation of student balances between systems. Ability to work and communicate effectively with University personnel is also expected.

Responsibility: Reconciliation of financial aid transactions between student and UR Financials systems.

Responsible for the reconciliation of financial aid transactions between the student information systems and UR Financials to ensure complete accuracy with no duplication of transactions. Work closely with the Financial Aid Offices, Bursar Offices, Central Finance and UR Student Finance Project Team to ensure that the total of all financial aid disbursements in PowerFAIDS are equal to the total of all disbursements in both the student information systems and UR Financials. Perform necessary adjustments in UR Student Information system to maintain reconciliation of disbursements for prior academic periods. Verify ability to accurately report on all financial aid disbursements in each system for audit purposes.

Performance Standard:

Performance is measured on the timely and accurate reconciliation of financial aid transactions between student and financial systems. Ability to work and communicate effectively with University personnel is also expected.

Responsibility: Reconciliation of Student Receivables and Allowance for Doubtful Accounts

Responsible for the monthly reconciliation of Student Account Receivables and Allowance for Doubtful accounts between the student and financials systems. Work closely with General Accounting to resolve discrepancies.

Performance Standard:

Performance is measured by the timely and accurate completion of tasks. Ability to work and communicate effectively with University personnel is also expected.

Responsibility: Completion of revenue and aid recognition entries

Responsible for initiating monthly tuition, room/board and aid recognition entries in compliance with Uniform Guidance. Work closely with Financial Reporting to ensure accuracy.

Performance Standard:

Performance is measured by the timely and accurate completion of tasks. Ability to work and communicate effectively with University personnel is also expected.

Responsibility: Development of reports for annual Uniform Guidance Audit

Work closely with Workday, UR Student Project Team members, University IT and Financial Reporting to ensure development of reports sufficient to satisfy requirements of the annual Uniform Guidance Audit.

Performance Standard:

Performance is measured by the timely and accurate completion of tasks. Ability to work and communicate effectively with University personnel is also expected.

Responsibility: Supervisory oversight for two staff members and all account reconciliations.

Directly supervise the Staff Accountant and Accounting Bookkeeper to ensure accurate and timely completion of all account reconciliations and related activities, including campus-based and university loans. Assist departments with student account related inquiries or research transactions in the related systems. Prepare journal entries as needed. Develop and document student account receivable reconciliation procedures. Perform other duties as assigned.

Performance Standard:

Performance is measured by the timely and accurate completion account reconciliations, documentation and tasks. Ability to work and communicate effectively with University personnel is also expected.

In order to perform the duties of this position, explain:

Bachelor's degree in Accounting is required. These requirements are necessary due to the complex nature of accounting for an institution of higher education that provides education, training, research and health care services.

A minimum of 3-5 years of accounting experience; or equivalent combination of education and experience is required. Higher education experience in Finance, Student Accounts and/or Financial Aid and Workday Financials experience preferred.

The incumbent reports to the University Bursar (pay grade 57) and is expected to perform duties with limited supervision.

Strong analytical skills in accounting and business administration are required.

Incumbent is responsible for performing analysis of the University's accounting activity, reporting and processes. Incumbent does not have direct budgetary responsibilities.

Incumbent has supervisory oversight for a Staff Accountant and an Accounting Bookkeeper and all student related general ledger reconciliations.

Incumbent is responsible for hiring and evaluating the Staff Accountant and Accounting Bookkeeper, for recommending promotions or firing. The incumbent is a member of the Bursar Office Management Team.

Interaction on a daily basis with various levels of University personnel as a result of analytical research.

Periodic interaction with external auditors during the annual audit. Professional organizations including EACUBO and NACUBO will facilitate incumbent's development.

QUALIFICATIONS:

Bachelor's degree in Accounting plus 3-5 years of accounting experience; or an equivalent combination of education and experience. Experience working at a college or university in Finance, Student Accounts, and/or Financial Aid and Workday Financials experience required. Experience working in a large organization with complex system integrations preferred.

Mastery in Microsoft Excel. Experience with other Microsoft products (Word, Outlook) and accounting systems preferred.

Excellent communication and organizational skills and strong attention to detail required. Must have strong work ethic with high integrity. Ability to work independently as well as in a team structured environment.

How To Apply

All applicants must apply online.

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