Senior Accountant

Senior Accountant

About the Opportunity

The Senior Accountant maintains the College’s general ledger and accounting records and is responsible for ensuring the accuracy, validity, and completeness of all financial transactions. Prepares reconciliations of the general ledger account balances to the supporting subsidiary ledgers and other source records. Assists with the month and year-end close processes and with the preparation of schedules necessary for the year-end audit. The Senior Accountant also processes all requests for payment and generates disbursements on a weekly schedule, researches and resolves A/P problems on a timely basis and posts all procurement card expense reports.

Key Responsibilities

• Prepare necessary journal entries for the month and year-end close process. Verify the accuracy, validity and completeness of the entries received from other departments to the general ledger. Identify problems and potential solutions to ensure accurate and timely financial reporting.

• Prepare and run customized reports for the College Community as needed to facilitate budgeting and planning.

• Reconcile the bank statements, outstanding checks and general ledger accounts on a monthly basis. Make corresponding journal entries to record activity or to correct any discrepancies found.

• Perform general ledger recalculations and maintenance within the accounting software, which includes account and business officer set up.

• Assist with preparation of annual tax exempt returns, Form 990 and Form 990-T.

• Process invoices for payment through check, ACH, Wire, or Credit Card.

• Assist with inquires related to payables, vendor disputes, etc.

• Accurately complete all College 1099’s on an annual basis.

• Reconcile and review Procurement card purchases and expense reports.

• Alert leadership to any questionable payment requests or documentation from various departments.

• Ensure that invoices at year-end are put in proper fiscal year and provide copies of invoices for necessary accruals.

• Complete and distribute invoices for applicable funds, mainly restricted grant accounts.

• Maintain, review, and reconcile all endowed funds on a monthly basis.

• Maintain the fixed asset software and spreadsheets, which includes the capitalization and depreciation of assets.

• Assist the Controller with the month and year-end close of the general ledger, which includes the preparation of director’s report packages and summary level reports for management and reviewing departmental balances for overages or discrepancies.

• Process month end reports from software for month end reconciliations.

• Monitor prepaid expenses/accruals on a monthly basis for necessary adjustments and update spreadsheets which track these ex