Financial Reporting Analyst

6 days ago

Redlands, California, United States University of Redlands Full time
Job Title: Financial Reporting Analyst

Join the University of Redlands team as a Financial Reporting Analyst, where you will play a key role in the University's monthly financial close and reporting process.

Job Summary:

The Financial Reporting Analyst will be responsible for performing advanced professional analytical work involving the implementation and application of Generally Accepted Accounting Principles (GAAP) and practices to the resolution of a wide variety of complex accounting problems.

Key Responsibilities:
  • Maintain University's fixed asset records on an ongoing basis, ascertain monthly additions and deletions according to policy, and calculate and record monthly depreciation entries.
  • Maintains University lease accounting records on an ongoing basis and calculates and records monthly entries for right-of-use lease assets and liabilities.
  • Prepares, analyzes, and reconciles various audit workpapers, schedules and month-end adjusting journal entries for interim financial reporting on the accrual basis of accounting, including but not limited to student accounts receivable, student loans receivable, contributions receivable, property, plant & equipment, leases and actuarial adjustments for life income gifts.
  • Coordinates with accounting personnel and other supporting departments to facilitate month, quarter and year-end closes.
  • Manages monthly accrual and deferral entries and reversals for revenues and expenses.
  • Assists Accounting Services with reconciliations as needed in support of a timely month-end close.
  • Aids with the analysis of balances and transactions from external sources, preparing complex reports to incorporate data into General Ledger, including the University's subsidiary organizations.
Requirements:
  • Bachelor's degree (preferably in accounting or finance).
  • Five (5) years of professional experience in finance and accounting, with progressively responsible experience.
  • Expertise in Generally Accepted Accounting Principles and Higher Education Accounting issues.
  • CPA, CMA or equivalent.
Preferred Qualifications:
  • Excellent technical, analytical, and problem-solving skills and must be detail oriented.
  • Excellent organizational skills.
  • High level of independent judgment.
  • Advanced knowledge in Microsoft Office software including Excel, Word, PowerPoint, and Outlook.
Working Conditions:

Standard office setting. Duties performed are primarily in an office environment while sitting at a desk or computer workstation or in meetings. At least minimal environmental controls to assure health and comfort.

Incumbents regularly sit for long periods; walk short distances on a regular basis; may travel to various locations to attend meetings and conduct work; use hands and fingers to operate an electronic keyboard or other office machines; reach with hands and arms; stoop or kneel or crouch to file; climb stairs; speak clearly and distinctly to answer telephones and to provide information; see to read fine print and operate computer; hear and understand voices over telephone and in person; and lift, carry and/or move objects weighing up to 20 pounds.

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