Financial Accountant
2 weeks ago
Location
Randolph College
Role Summary
Randolph College is in search of a dedicated and service-oriented professional to become a vital member of the Business Office team. The Financial Accountant will manage essential accounting responsibilities, which include monthly bank reconciliations, balance sheet reviews, general ledger entries, and the meticulous recording of gifts. This role also involves supporting the annual audit process and preparing financial statements. The ideal candidate will utilize generally accepted accounting principles to work with specialized financial records and reports, ensuring accurate assembly and analysis of data for reporting purposes.
Key Responsibilities
Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions:
- Oversee accounting tasks for the Campus Store, including:
- Recording of deposits
- Reconciliation of statements
- Adjustments to inventory
- Sales and use tax reporting
- Manage the review and filing of sales and use tax submissions
- Handle accounting and recordkeeping for the federal Perkins Loan program, serving as a liaison between Financial Aid and the Business Office to facilitate information flow
- Assist in the preparation of the annual financial aid Fiscal Operations Report and Application to Participate (FISAP)
- Reconcile balances with third-party loan servicers
- Prepare journal entries related to loan accounts
- Conduct quarterly reconciliations for gifts and pledges
- Act as the primary backup for Accounts Payable functions
- Audit travel advances and expenses, researching outstanding advances
- Journalize mortgage payments and prepare annual reporting
- Execute various bank reconciliations and prepaid expense reconciliations
- Prepare monthly reconciliations of assigned balance sheet accounts
- Assist in the annual audit and preparation of financial statements
- Perform other duties as assigned by the Controller
Qualifications
Required:
- Bachelor's degree in Accounting or a related field
- Ability to work independently with minimal supervision
- Strong organizational skills and the ability to prioritize tasks effectively
- Proficiency in Microsoft Excel and experience with large datasets
- Excellent written and verbal communication skills
- Two to three years of relevant work experience
- Experience in higher education accounting
- Familiarity with Microsoft Dynamics Great Plains
Work Environment
This position is primarily office-based, with occasional travel required for training or conferences.
Additional Information
Randolph College is an equal opportunity employer, committed to fostering a diverse and inclusive workplace. We do not discriminate based on race, color, religion, gender, sexual orientation, national origin, age, disability, or any other classification protected by applicable law.
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