Accountant I

Primary Purpose of the Organizational Unit:

The primary purpose of the Financial Reporting section with the Controller's Office is to provide quality financial information on a timely basis, primarily for financial reporting purposes. This section reconciles and processes financial records for the month-end and year-end close for Banner, the Office of the State Controller (OSC), Cash Management and North Carolina Accounting System (NCAS)), and Office of State Budget and Management (OSBM); processes all transfers, requisitions, and receipting of funds in Cash Management and Banner; assists with the year-end financial close process and accrual system, and assists in preparing the annual financial statements for the University. Manages all areas of fixed assets and surplus property for the University.

Primary Purpose of the Position:

This position handles the posting of the receipt, capitalization, transfer, and disposal of all University fixed assets over $5,000 in the Banner Fixed Asset module and is responsible for over 1,000 assets totaling over $210,000,000. The position monitors (monthly process) the receipt and payment of all fixed assets over $5,000, decides whether an asset should be capitalized or expensed, and updates the Banner Fixed Asset module accordingly.

It monitors the purchase orders and the shipping receipts for errors of assets paid from incorrect accounts and ensures all new acquisitions have been accounted for in the Banner Fixed Asset Module. It tracks the transfer and/or disposal of assets and updates the Fixed Asset Module as necessary. Periodic checks of assets and locations are required throughout the year to verify the accuracy of the Banner Fixed Asset Module to the actual location of assets.

Conducts a physical inventory once a year. Responsible for monitoring daily disbursements to accumulate expenditures related to fixed assets and lease activity. Will work with various departments to ensure the Controller's Office has applicable lease contracts.

It balances the Fixed Asset Module to the general ledger, posts depreciation, creates and posts all necessary journal entries, and completes the CAFR worksheets and the Notes for the financials that relate to fixed assets. Must be able to lift 20 pounds.

Financial Program Monitoring and Management (40%):

This position handles the posting of the receipt, capitalization, transfer, and disposal of all University fixed assets over $5,000 in the Banner Fixed Asset module and is responsible for over 1,000 assets totaling over $210,000,000. The position monitors (monthly process) the receipt and payment of all fixed assets over $5,000, decides whether an asset should be capitalized or expensed, and updates the Banner Fixed Asset module accordingly.

It monitors the purchase orders and the shipping receipts for errors of assets paid from incorrect accounts and ensures all new acquisitions have been accounted for in the Banner Fixed Asset Module. It tracks the transfer and/or disposal of assets and updates the Fixed Asset Module as necessary. Periodic checks of assets and locations are required throughout the year to verify the accuracy of the Banner Fixed Asset Module to the actual location of assets.

Description of Work Continued:

Financial Program Monitoring and Management Continue:

Conducts a physical inventory once a year. Responsible for monitoring daily disbursements to accumulate expenditures related to fixed assets and lease activity. Will work with various departments to ensure the Controller's Office has applicable lease contracts.

Balances the Fixed Asset Module to the general ledger, posts depreciation, creates and posts all necessary journal entries, and completes the CAFR worksheets and the Notes for the financials that relate to fixed assets. Prepares financial documentation needed for quarterly KPI reporting to UNC-GA.

Must have the ability to prepare, disseminate, and interpret financial reports and identify changing requirements and problems regarding fiscal procedures, account structure and reports, and accounting systems. Must recognize and respond to unusual activities and take corrective action. Routinely research and analyze accounts and prepare reports for departments and management regarding fiscal management and reporting issues. This position is assigned other duties and/or tasks as required.

Lease Accounting (20%):

This position is responsible for vetting certain payables transactions and related documents for potential lease agreements and proper classification. Using the documentation, an appropriate lease type determination will be made based on GASB criteria.

Any lease asset will be maintained with the fixed asset records under applicable procedures and guidelines, with any necessary schedules and worksheets updated accordingly. This position will help ensure the year-end reporting of lease assets and lease liabilities are both accurate and properly disclosed.

Knowledge - Technical (20%):

Requires knowledge and skills in financial accounting, generally accepted accounting principles (GAAP), and governmental accounting (GASB). This position must completely understand, follow, and enforce the University, Office of State Treasurer, Office of State Budget and Management, and Office of State Controller policies, procedures, and guidelines. This position must have proficient knowledge in the use of computers, office equipment and computer software programs.

Communication (10%)

Must use knowledge and have the ability to prepare written and/or technical information/products that are concise, comprehensive, accurate, and follow standard guidelines. This position must have the ability to provide appropriate documentation to support work produced, to make recommendations, and to review for accuracy the work of others. This position

Problem Solving (10%):

This position must use knowledge and have the ability to assess and resolve issues within the scope of the position's responsibilities when reviewing requests to ensure the accuracy of financial transactions. This position must recognize discrepancies and coordinate with the department for proper problem resolution in accordance with policies, procedures, and guidelines. This position must identify and assess routine and unprecedented problems and research and review items to ensure compliance with policies, procedures, and guidelines.

Minimum Education And Experience Requirements:

Bachelor's degree with 12 credit hours of accounting coursework; or associate degree in accounting; or associate degree in business or related discipline with 12 credit hours of accounting coursework; or equivalent combination of training and experience. All degrees must be received from appropriately accredited institutions.

Knowledge, Skills And Abilities: Preferred Qualifications:

Special Instructions To Applicants: Notice to Applicants

Please make sure that the work history listed on your application is identical to the work history listed on your resume. The application must be filled out completely, Do Not Use the phrase "see resume."

Please list at least three (3) professional references to include a current supervisor. References will only be contact if you are selected for the position and with your permission.

Closing Date: Open Until Filled: Yes Additional Information for Applicants

All new employees are required to have listed credentials/degrees verified prior to employment. Transcripts should be provided for all earned degrees and/or the degree which is being used to satisfy credential/qualification requirements. Transcript requests are the responsibility of the candidate.

EEO Statement:

This position is subject to the successful completion of an employment background check. An employment background check includes a criminal background check, employment verification, reference checks, license verification (if applicable) and credit history check (if applicable).

Fayetteville State University is committed to equality of educational opportunity and does not discriminate against applicants, students, or employees based on race, religion, color, national origin, sex, age, disabling condition, political affiliation or sexual orientation. Moreover, Fayetteville State University values diversity and actively seeks to recruit talented students, faculty, and staff from diverse backgrounds.

Veteran's Statement

Fayetteville State University is a VEVRAA Federal Contractor and seeks priority referrals of protected veterans for our openings.

Quick Link: https://jobs.uncfsu.edu/postings/25569