Financial Accountant

2 weeks ago


Jackson, Tennessee, United States Lane College Full time
Job Overview

Location
Lane College

Employment Type
Full Time

Education Requirement
Bachelor's Degree Preferred

Travel Requirement
None

Work Schedule
Day Shift

Position Summary

Role: Financial Accountant

Department: Financial Services

Supervisor: Chief Financial Officer

Classification: Non-Exempt

Job Objective: Under the supervision of the Chief Financial Officer, the Financial Accountant is responsible for executing accounting functions and conducting fiscal analysis in accordance with Generally Accepted Accounting Principles (GAAP).

Key Responsibilities:
  • Support payroll preparation processes.
  • Evaluate financial data to create necessary journal entries.
  • Assist in the verification of general ledger accuracy and submit journal entries for review.
  • Participate in the month-end closing activities.
  • Perform monthly and quarterly reconciliations of bank and investment statements.
  • Reconcile financial aid with student accounts on a monthly basis.
  • Contribute to audit preparation and year-end closing processes.
  • Generate financial reports as required.
  • Notify management of any issues, breaches of internal controls, or noncompliance with financial procedures.
  • Utilize fundamental accounting principles to analyze accounts and operations, ensuring adherence to relevant laws and regulations.
  • Complete additional tasks as assigned.
Qualifications:
  • Bachelor's or Master's degree in accounting, or equivalent professional experience.
  • Two to three years of demonstrated accounting experience, preferably in a non-profit setting.
  • Experience with federal and state grants is preferred, or a combination of education and work experience that provides equivalent knowledge.
  • Strong background in general ledger management and cost allocation, with a solid understanding of GAAP.
  • Exemplary work ethic with effective verbal and written communication skills.
  • Able to work collaboratively as part of a team as well as independently.
  • Excellent organizational and time management abilities.
  • Strong analytical and problem-solving capabilities.
  • Physical requirements may include occasional walking, climbing stairs, prolonged sitting, and lifting up to 15 lbs. for approximately 10% of the time.
A comprehensive understanding of accounting principles and the ability to analyze data is essential, relying on experience and judgment to achieve objectives. The role may involve leading and directing the work of others. The candidate should be capable of presenting financial data, reports, and findings to executives or managers. A high degree of creativity and independence is expected. Proficiency in MS Excel and familiarity with MS Word are required.

This job description is intended to provide a general overview of the responsibilities and qualifications for this position. Duties and responsibilities may evolve over time.

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