50% Financial Reporting Ad Hoc Reporting and Analysis
Work with CFO and Associate Director of Research Financial Reporting in the preparation of quarterly financial statements as well as the auditable yearend financial statements including drafting financial statements and footnotes included within. Develop prepare and manage the timeline and documentation requests related to quarterly and yearend activities. Analyze accounts and create journals for quarter and yearend closing.
Research interpret and make determinations on contracts as it relates to revenue recognition. Maintain Filemaker Pro database for contract analysis that supports the preparation of the audited financial statements.
Perform adhoc reporting requirements and financial analysis for Fiscal Affairs team.
Analyze reporting and operating metrics to identify problems and enhance operational performance e.g. payables purchasing and A/R.
20% General Ledger Integrity
Ownership of most account reconciliations to ensure the integrity of the general ledger. Most reconciliations are prepared monthly.
Monitor and run reports to verify the ending account balances. If the supporting/tracking documentation does not match general ledger balances then analysis of the variances is completed to identify discrepancies and determine resolutions.
Develop reports to communicate issues to appropriate University staff. This includes queries and various system reports to audit transaction accuracy verify correct coding into the general ledger and troubleshoot any discrepancies or unmatched entries within the account codes.
Oversee identification of discrepancies and analyze for corrective actions and timing. The primary focus of reconciliations is on financial system submodules balances various general ledger validations and specific chart of accounts as designated by management.
25% Month End Closing
Lead the management of cost accounting periods to ensure that necessary periodend closing procedures happen seamlessly.
Frequently monitor the financial system and submit periodend validations as needed during the accounting period to proactively identify and address issues.
Create and post journals to offset/clear intercompany balances and record cash correctly to the general ledger.
5% Other Duties as Assigned
Assist in other Financial Services special accounting projects and analyses as assigned by management personnel.
Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations.
Ensure accounting procedures conform to generally accepted accounting principles and comply with Centers accounting policies and practices.
Disclaimer The University of Kansas prohibits discrimination on the basis of race color ethnicity religion sex national origin age ancestry disability status as a veteran sexual orientation marital status parental status gender identity gender expression and genetic information in the universitys programs and activities. Retaliation is also prohibited by university policy. The following person has been designated to handle inquiries regarding the nondiscrimination policies and is the Title IX coordinator for all KU and KUMC campuses: Associate Vice Chancellor for Civil Rights and Title IX Room 1082 Dole Human Development Center 1000 Sunnyside Avenue Lawrence KSTTY.
Work Schedule Monday Friday 40 hours/week
Contact Information to Applicants Jessie Yoon
Bachelors degree in a related field and 3 years of recent related accounting and/or finance experience OR High School diploma and 5 years of total related experienceincludingthree or more yearsin budget finance and/or accounting.
Fund accounting experience as outlined in application materials.
Experience in financial analysis modeling and forecasting as outlined in application materials.
Excellent written communication skills as evidenced by application materials and work history.
Two or more years of computer experience with Microsoft Excel Word and accounting software.
Previous experience that requires working independently as evidenced by work history
Five to seven years of progressively responsible budget finance and/or accounting experience.
Two years of experience as proficient/high level user of MS Excel and database management including creating/development use of formulas pivot tables data manipulation and charts.
Strong technical U.S. GAAP accounting knowledge as evidenced in application materials.
Knowledge of university research State of Kansas and sponsored agreement regulationsas demonstrated in application materials.
Familiarity with Oracle Financials in the Cloud and Oracle Analytics in the Cloudas evidenced in application materials.
Familiarity with Filemaker Proas demonstrated by application materials.
Excellent interpersonal organizational and problemsolving skills as evidenced in application materials.
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