Staff Accountant (66170)

Job Details

Job Location: New Rochelle - New Rochelle, NY

Position Type: Full Time

Education Level: 4 Year Degree

Salary Range: $70,000.00 - $75,000.00 Salary

Travel Percentage: No Travel Required

Job Shift: Day

Description

Under the direction of the Manager of Treasury Services, the Staff Accountant establishes and maintains the integrity of cash, investment, endowment, debt and cashflow accounting, reporting and forecasting. This position requires strong practical finance, data analysis, organization and communication skills to ensure all statutory and fiscal reporting responsibilities are met as well as optimization of cash and investment utilization and reporting.

Duties and Responsibilities:

• Cash

• Analyzes and forecasts cash based on historical trends and future operational planning

• Performs account reconciliations and analysis

• Monitors fees and expenses, making recommendations for savings opportunities

• Investment

• Maintain reporting for investments

• Prepare financial statement data related to investments and endowments

• Monitor that investment transactions are in accordance with policy

• Prepare select materials for Investment Committee meeting

• Prepare endowment reporting quarterly

• Assist in annual audit.

• Debt Management

• Assist with the issuance of debt

• Develop and maintain debt management policies

• Manage debt compliance with reporting on bank covenant requirements, quarterly financial reporting, and other IRS requirements.

• Insurance

• Maintain claim records and Certificate of Insurance requests

• Review insurance to ensure information is up to date

• Manage insurance expense budget and payments to carriers

• Prepare renewal materials for property and casualty lines

• Participate in any RFPs related to insurance

• Other

• Assist in the preparation of special studies, reports, analyses, and other tasks as required.

• Generate ad-hoc reporting and analysis of cash and treasury operations, debt and liquidity, including short-term borrowing and investing

• Develop useful, standardized reporting for senior executives

• With the Manager of Treasury Services, serve as primary architect for Treasury policies and procedures

• Cross trains on assigned areas

• Provides vacation coverage for other finance team members

• Excels at working with others to meet deadlines

• Identifies deficiencies in standard operating procedures and recommends improved processes for implementation

Qualifications

Minimum Qualifications:

• Bachelors degree in Accounting or Finance

• Minimum 5 years of related experience

Specialized Skills:

• Experience using standard MS Office tools (e.g. Excel, Word, Outlook)

• Excellent oral and written communication skills

• Self-starter with a demonstrated ability to achieve results as part of an effective team

• Ability to effectively prioritize and multi-task under deadlines

• Excellent organization skills are essential

Preferred Qualifications:

• CPA and/or MBA in related business concentration

• Understanding of investment accounting

• Understanding of debt financing and related accounting

• Ability to understand, analyze and forecast cashflow, including accounts receivable, government funds, grant funds and other higher education related items

• Finance audit practices knowledge

• Higher education experience

• PeopleSoft knowledge a plus

• Bank of America CashPro and Fundriver knowledge a plus

About Iona University/EEO language

Founded in 1940, Iona University is a master's-granting private, Catholic, coeducational institution of learning in the tradition of the Edmund Rice Christian Brothers. Iona's 45-acre New Rochelle campus and 28-acre Bronxville campus are just 20 miles north of Midtown Manhattan. With a total enrollment of nearly 4,000 students and an alumni base of more than 50,000 around the world, Iona is a diverse community of learners and scholars dedicated to academic excellence and the values of justice, peace and service. Iona is highly accredited, offering undergraduate degrees in liberal arts, science, nursing, and business administration, as well as Master of Arts, Master of Science, and Master of Business Administration degrees and numerous advanced certificate programs. Iona students enjoy small class sizes, engaged professors and a wide array of academic programs across the School of Arts & Science; LaPenta School of Business; NewYork-Presbyterian Iona School of Health Sciences; and Hynes Institute for Entrepreneurship & Innovation. Iona is widely recognized in prestigious rankings, including The Princeton Review's 2024 national list of "The Best 389 Colleges" and The Wall Street Journal/College Pulse's "2024 Best Colleges in America," which ranked Iona at #66 in the nation overall and #8 in the nation among Catholic schools. Iona's LaPenta School of Business is also accredited AACSB International, a recognition awarded to just 6 percent of business schools worldwide.

Iona offers a comprehensive benefits package to all full-time employees that includes medical, dental, and vision insurance; flexible spending accounts; retirement plans; life insurance; short and long-term disability; employee assistance program (EAP); tuition remission; and generous time off. For more information on our benefits and working at Iona visit the Human Resources section of our website.

Iona University values and celebrates diversity and is committed to providing a welcoming and inclusive environment for all of our employees and does not tolerate discrimination based on any legally protected characteristic under applicable federal, state, or local laws. As an equal opportunity employer, Iona University encourages applications from qualified candidates who reflect the wider world in which we live, and in particular from historically underrepresented groups.