U

University of Wisconsin - Milwaukee

Accountant 2

Financial AccountingUpdated on Nov 12
Full-timeMilwaukee, WI, USA$70k - $80k

About the Job

Requirements

  • An associate degree or higher in Accounting, Finance, Business Administration, or a related field is required.
  • At least two years of professional experience in accounting, budgeting, financial management, sponsored-project administration, or a related area is required.
  • At least one year of experience preparing, reviewing, or analyzing financial reports and financial data is required.
  • Knowledge of generally accepted accounting principles and standard accounting practices is required.
  • Ability to analyze financial information, identify discrepancies and trends, and develop appropriate recommendations is required.
  • Ability to prepare accurate financial reports, reconciliations, journal entries, and other accounting documentation is required.
  • Ability to organize and manage multiple priorities and meet recurring financial report deadlines is required.
  • Strong attention to detail and commitment to accuracy are required.
  • Ability to interpret and apply financial policies and procedures is required.
  • Ability to communicate financial information clearly to faculty, administrators, and other stakeholders is required.
  • Ability to work independently while collaborating effectively as part of a financial management team is required.
  • Strong customer-service, problem-solving, and interpersonal skills are required.
  • Applicants must provide a cover letter and detailed resume or curriculum vitae addressing their professional-level experience in relation to the required and preferred qualifications.
  • Finalist candidates must provide three professional or supervisor references through an external reference-checking tool.
  • Employment requires a criminal background check.
  • At the start date, employees must verify identity and eligibility to work in the United States and complete the required employment eligibility verification form.

Responsibilities

  • Develop and maintain automated financial systems, recommending controls to ensure system reliability and data integrity.
  • Prepare and/or approve financial transactions and payments.
  • Prepare and analyze financial data, reports, and records; identify discrepancies; investigate issues; and recommend and implement solutions as needed.
  • Answer questions and provide accounting-related information to internal and external stakeholders according to established policies and procedures.
  • Organize, prepare, and update financial statements, monthly and year-end journal entries, accounts, ledgers, and reports in an automated financial system to ensure accurate recording and reporting of financial transactions.
  • Prepare budgets and projections based on existing data and established policies and procedures.
  • Assist with accounting and review reconciliations, journal entries, schedules, and reports.
  • Prepare and distribute recurring monthly financial reports for the College and its departments and programs.
  • Analyze financial activity, balances, commitments, and trends and communicate significant findings to the Divisional Finance Officer and appropriate College leadership.
  • Reconcile accounts, financial transactions, and supporting records to ensure the accuracy and completeness of College financial information.
  • Research discrepancies, unusual transactions, accounting errors, and other financial issues, and determine or recommend appropriate corrective action.
  • Prepare ad hoc financial reports and analyses to support the Dean, Associate Dean, Directors, Divisional Finance Officer, and other College decision-makers.
  • Assist in developing and improving financial reporting tools, processes, and documentation.
  • Maintain documentation supporting accounting transactions, reconciliations, and financial reporting.
  • Assist the Divisional Finance Officer with development, monitoring, and management of College and departmental budgets.
  • Monitor budget-to-actual results, available balances, commitments, and spending patterns throughout the fiscal year.
  • Prepare projections and forecasts of revenues, expenditures, payroll, and fund balances.
  • Identify potential budget concerns, funding shortfalls, unusual variances, or opportunities to better utilize resources and communicate findings to the Divisional Finance Officer.
  • Assist College leadership with understanding budgets, financial reports, available resources, and the financial implications of operational decisions.
  • Support annual budget development, fiscal-year close, carryforward analysis, and other periodic financial planning activities.
  • Assist with tracking and analyzing College funding commitments and other financial obligations.
  • Prepare and process journal entries, accounting corrections, transfers, and other financial transactions in accordance with University policies and procedures.
  • Prepare costing allocations and payroll accounting adjustments to ensure salary and fringe benefit expenses are charged appropriately.
  • Review financial transactions and accounting classifications for accuracy, appropriate funding, and compliance with University policies and procedures.
  • Research and resolve accounting, funding, payroll, and financial-system issues in collaboration with College and University personnel.
  • Assist with month-end, year-end, and other periodic accounting activities.
  • Support the Divisional Finance Officer in maintaining effective financial processes and internal controls within the College.
  • Provide accounting guidance and assistance to College faculty and staff regarding financial transactions, reports, policies, and procedures.
  • Provide accounting support for gift funds, including routine gift financial reporting, monthly Foundation billing, reconciliations, accounting adjustments, and related transactions as needed.
  • Participate in College and University financial initiatives, system implementations, process improvements, and special projects.
  • Develop documentation and provide guidance or training to College personnel on financial processes and systems.
  • Perform other accounting, budgeting, and financial management duties as assigned.

Desired Qualifications

  • A bachelor's degree in Accounting, Finance, Business Administration, or a related field is preferred.
  • Two years of professional accounting, budgeting, or financial management experience in a higher education, governmental, nonprofit, or similarly complex organization is preferred.
  • Two years of experience preparing budgets, financial forecasts, budget-to-actual analyses, or financial projections is preferred.
  • Two years of experience performing account reconciliations and preparing accounting transactions such as journal entries, payroll accounting adjustments, or costing allocations is preferred.
  • Two years of experience using enterprise financial systems and advanced spreadsheet or data-analysis tools, such as Workday, Microsoft Excel, Power BI, or similar systems, is preferred.

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