What are the responsibilities and job description for the Staff Accountant position at Adelphi University?
Finance Office
JOB SUMMARY:
The Staff Accountant supports the University’s financial operations by performing a range of accounting functions, including but not limited to, preparing/entering journal entries, reconciling general ledger accounts, analyzing financial data, assisting with tuition billing analysis and assisting in month end closings and year-end audits. This role ensures accurate and timely processing of financial transactions in compliance with the University’s policies and applicable accounting guidance. Provide reports on comparative AR levels, payments received, and other reports needed by management.
REPORTS TO: Senior Manager of Accounting
RESPONSIBILITIES & DUTIES:
Prepare routine and recurring journal entries, including accruals, adjustments, and reclassifications to ensure accurate monthly and annual financial reporting.
Prepare monthly reconciliations for key balance sheet accounts and recommend adjustments as needed.
Serve as a backup for the senior accountant in areas such as bank reconciliation, meal plan accounting and student medical charges.
Create, input and maintain Excel spreadsheet related to tuition billing tables.
Assist in monitoring fund balances, restricted accounts and project related transactions as needed.
Support month-end and year-end closing processes.
Assist with annual audit preparation, including responding to auditor requests and gathering required data.
Participate in the review and improvement of accounting procedures, processes and internal controls.
Assist with researching accounting issues and documenting conclusions in accordance with established accounting policies.
Work with Financial Operations in creating the annual tuition and fee rate card to be approved by the Board of Trustees.
Update SAAS tables with all new tuition, fee, course fee, insurance, dorming rates, etc. for each academic year.
Assist Financial Operations in updating the Tuition and Fee report with actual and projected figures on a monthly basis, reconciling to the general ledger.
Work with outside partners to prepare and submit for payment all income share reconciliations and payments, as per contacts.
Service on University committees and taskforces as needed to represent the Finance Office.
Analyze adequacy of reserve for doubtful accounts and recommend changes as needed.
Performed other related duties and ad hoc projects as assigned.
REQUIREMENTS (Knowledge, Skills and Abilities):
Ability to work efficiently and accurately with a strong attention to detail.
Ability to prioritize workload according to volume, urgency, etc.
Ability to embrace change and be flexible with potential process changes.
Ability to work independently as well as in a team environment.
Strong interpersonal and communication skills.
Knowledge of Accounting principles and procedures.
Strong computer skills for using Windows, Microsoft Word, Excel, Google Suite and Email.
EDUCATIONAL/EXPERIENCE REQUIREMENTS:
Bachelor’s degree in Finance or Accounting is required.
Minimum of one to three years of accounting experience is required.
Higher education or nonprofit accounting experience is preferred.
Salary : $60,000 - $65,000
