<p>The Accountant I is primarily responsible for cash related entries and and account and bank reconciliations. The position is responsible for categorization and posting cash receipts into the general ledger to meet close deadline and for no audit adjustment on reconciliation of disbursement, depository and master sweep accounts done on a monthly basis. The position prepares, examines, and/or analyzes accounting records, financial statements, or other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards. The position works closely with Treasury, Revenue Cycle, and Accounting teams to ensure all cash journal entries are posted timely. The Staff Accountant looks for ways to improve procedures for better more effective and efficient processing of cash transactions.</p> <ul> <li>Posts cash receipts into the general ledger to meet close deadline, including categorizes all cash receipts based on the payer/payee and purpose to post respectively, analyzing bank transactions to request missing information, works to resolve deposit discrepancies and identify trends and action items, and suggests ways to improve procedures for better more effective and efficient processing of cash transactions. </li><li>Produces and analyzes bank reconciliation data and reports to resolve deposit/disbursement discrepancies and identify trends, potential fraud/theft, and cost savings. </li><li>Conducts daily validation of bank to general ledger balances and regular reconciliation to the business units logs of operations. </li><li>Prepares timely and accurate audit work papers as required for annual financial audit. </li><li>Executes no audit adjustment on reconciliation of disbursement, depository and master sweep accounts done on a monthly basis. </li><li>Reports credit card activity on a monthly basis to meet close deadline. </li><li>Prepares and analyzes cash activity as required to identify and resolve issues. Examines accounting records, financial statements, or other financial reports to assess accuracy, completeness, and conformance to reporting and procedural standards. </li><li>Acts as a liaison between accounting and business office/cash office and act as point of contact for cash collection points of service as needed. </li><li>Prepares and analyzes bank fees and other inflow/outflow charges posted to the accounts by all banks. </li><li>Maintains responsibility for outstanding checks management, reporting, and reconciling bank ledgers to corporate ledgers. </li><li>Works with Cash management modules of the Oracle ERP system to ensure timely operations recording, assistance in the cash forecast, and variance analysis. </li><li>Records monthly journal entries for related transactions and movements of cash. </li><li>Assist in other duties as assigned to support the operational needs of the department and organization. </li><li>May be required to remain on campus immediately before, during, and after severe weather and/or disasters. </li><li>Prepares cash position and monitors the funds in multiple operating accounts. </li><li>Initiates wire transfers and funding necessary to ensure adequate liquidity and prevent cash shortages or serve as backup for this function. </li><li>Makes decisions on direct debits authorizations or serve as backup for this function. </li></ul> <p>Minimum Education</p> <ul> <li>Associates Degree Accounting Required or </li><li>Bachelor's Degree Accounting Preferred or </li><li>Five years of related experience maybe considered in lieu of degree </li></ul> <p>Minimum Work Experience</p> <ul> <li>0-1 year Accounting, financial services, or revenue cycle operations Preferred </li><li>1-3 years Banking transactions experience Preferred </li></ul> <p>Required Skills, Knowledge and Abilities</p> <ul> <li>Demonstrated comprehension of accounting, financial and information system principles with substantial knowledge of business concepts. </li><li>Demonstrated ability to understand and effectively utilize a personal computer with Intermediate skills in Excel, PowerPoint and Word. </li><li>Strong verbal and written communication skills and the ability to work well with all levels of the organization. </li><li>Detail oriented, with a willingness and desire to work with and through others to accomplish departmental and organizational goals. </li><li>Strong analytical & computer skills. </li><li>Strong organizational and time management skills </li><li>Proficient PC skills in a windows based environment. </li><li>Knowledge of accounting applications software. </li></ul>