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CSCU System Office

Finance and Accounting Specialist

Financial AccountingConfirmed live in the last 24 hours
Full-timeHartford, CT, USA$76.1k /yr

About the Job

Requirements

  • A bachelor's degree in accounting or a related field is required.
  • At least three years of accounting experience in a nonprofit or public organization business office is required.
  • Demonstrated ability to use computers and associated software, including Excel.
  • Strong oral and written communication skills and considerable interpersonal skills are required.
  • Ability to work effectively with culturally, linguistically, and ethnically diverse faculty, staff, and students.
  • Strong information technology literacy, including Microsoft Office applications such as Word, Excel, Outlook, and Teams.
  • Submit a cover letter and resume; incomplete applications will not be considered.
  • Employment is contingent on proof of citizenship or employability under the Immigration Reform and Control Act and successful completion of a background check.

Responsibilities

  • Maintain current knowledge of generally accepted accounting principles standards and guidelines, applicable Connecticut statutes, and government and higher education policies and procedures.
  • Participate in maintaining coding structures so financial activity is properly reflected in internal and external financial systems.
  • Assist with monthly Operating Fund, Bond Fund, General Fund, and Check Writing reconciliations, investigating and resolving outstanding items.
  • Maintain financial reporting of payroll activities and reconcile payroll expenditures to systems, including calculating workers’ compensation.
  • Review key operating and general ledger accounts and other activities affecting the general ledger; consult with and advise CSCU institutions about problems, solutions, and proper methods.
  • Assist with monthly non-appropriated Cash Status Reports for consolidated CSCU and compile data and prepare reports, statements, studies, and analyses for internal and external entities, including auditors and state offices.
  • Assist with high-level financial reports such as IPEDS, STIF, SEFA, and GAAP reports.
  • Assist with year-end and startup GASB entries, including depreciation, summer tuition revenue allocations, salary and fringe accruals, accounts payable, doubtful-account allowances, unrecorded liabilities, and prepaid expenses.
  • Participate in preparing year-end audited financial statements for the CSCU system and Foundations, including extracting financial data, assembling it into statement format, reviewing submitted footnotes for accuracy, and administering external audits internally.
  • Assist in preparing detailed functional specifications for custom financial reports and revisions, and comprehensively test system upgrades and other changes.
  • Provide functional support and collaborate with Information Technology to research and troubleshoot user and system problems and develop, test, communicate, document, and implement solutions for fixed assets, payroll, and finance modules.
  • Participate in developing and maintaining procedure manuals and training documentation, and provide functional training to end users for fixed assets, payroll, and finance.
  • Assist with system-wide year-end fixed asset reconciliation, including reviewing and updating records and coordinating System Office inventory.
  • Assist with and oversee reconciliation of internal financial records to State records and general and subsidiary ledger accounts in areas including cash and cash equivalents, accounts receivable, accounts payable, grants, financial aid, and fixed assets.
  • Assist with preparing and processing journal entries for expense vouchers, transfer invoices, payroll recovery, and year-end entries.
  • Assist in developing accounting and financial procedures and provide accounting support and training to the CSCU system.
  • Assist in preparing financial data supporting system-wide indirect cost rates for grant proposal writing.
  • Perform other related duties consistent with the position’s level of responsibility.

Desired Qualifications

  • Higher education accounting experience.

About the Company

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