Capital & Debt Accountant

About Rice:
Boasting a 300-acre tree-lined campus in Houston Texas Rice University is ranked among the nations top 20 universities by U.S. News & World Report. Rice has a 6-to-1 undergraduate student-to-faculty ratio and a residential college system which supports students intellectually emotionally and culturally through social events intramural sports student plays lecture series courses and student government. Developing close-knit diverse college communities is a strong campus tradition which is why Rice is highly ranked for best quality of life and best value among private universities.

Rice is also a wonderful place to work. Rice faculty staff and students share values that are essential to our success as a healthy community. Those values guide our decisions and behaviors and shape Rices culture. They come through in the way we treat each other and the welcome we extend to our visitors. These values can be recalled simply by our name RICE Responsibility Integrity Community and Excellence.

Position Summary:
As a member of the Controllers Office staff the Capital and Debt Accountant will work directly with the Property Accounting Supervisor and is responsible for the following:

• Setup capitalization maintenance and reporting of the Universitys capital projects

• Reporting of the Universitys outstanding debt transactions

This role involves attention to detail effective communication with various departments and proficient use of financial systems. This position plays a critical role in ensuring prompt and accurate reporting related to capital projects and debt within the University ensuring efficient allocation of resources and adherence to financial guidelines.

Workplace Requirements
Hybrid position: This position is offered as a hybrid role combining both in-office and remote work to provide flexibility and support Rice policy 440 work arrangements may be subject to change.

Hiring Range: $56560 $70599
*Exempt (salaried) positions underFLSA are not eligible for overtime.

Minimum Requirements:

• Bachelors Degree

  • In lieu of the education requirement additional related experience above and beyond what is required on an equivalent year-for-year basis may be substituted

• 2 years of experience in capital and debt accounting

  • In lieu of the experience requirement additional related education above and beyond what is required on an equivalent year-for-year basis may be substituted

Skills:

• Strong understanding of generally accepted accounting principles

• Proficiency in financial reporting tools and Oracle ERP system

• Excellent analytical skills including the ability to interpret trends from complex financial data

• Detail-oriented with a focus on accuracy and timeliness

• Ability to prioritize tasks and track multiple projects simultaneously

Essential Functions:

Capital Accounting:

• Receive and process new project requests ensuring completeness and compliance with University policies

• Maintain comprehensive documentation for all projects to ensure accurate and timely communication with University stakeholders regarding project status and budgetary information

• Analyze project financials to provide insights to management aiding in informed decision-making regarding resource allocation and project prioritization

• Monitor project progress by reconciling Work in Progress (WIP) accounts identifying and addressing variances or discrepancies as necessary

• Prepare financial statements and disclosures related to capital projects for external reporting purposes

• Conduct comprehensive monthly and quarterly analytical reviews of Property Plant and Equipment (PP&E)

• Support internal and external audits by providing documentation and explanations related to capital transactions

• Identify opportunities to streamline processes and enhance the efficiency of capital accounting functions within the organization implementing best practices and continuous improvement initiatives

• Additional duties as assigned

Debt Accounting:

• Collaborate with the Treasury Office to record debt issuances additions and repayments

• Prepare and post monthly journal entries related to debt transactions including interest expense and amortization of debt issuance costs

• Facilitate the allocation of funding for capital projects working closely with the Budget Office and Facilities & Capital Planning to apply funds appropriately and track expenditures

• Additional duties as assigned

Rice University HR Benefits: Mission and Values: Mission and Values Rice University

Rice University is committed to ensuring Equal Employment Opportunity and welcoming the fullness of diversity into our candidate pools. Rice considers qualified applicants for employment without regard to race color religion age sex sexual orientation gender identity national or ethnic origin genetic information disability or protected veteran status. Rice also provides reasonable accommodations to qualified persons with disabilities. If an applicant requires a reasonable accommodation for any part of the application or hiring process please get in touch with Rice Universitys Human Resources Office via email at for support.

If you have any additional questions please email us at Thank you for your interest in employment with Rice University.