Financial Accounting and Reporting Analyst - Urbana, United States - University of Illinois Urbana-Champaign

University of Illinois Urbana-Champaign

Verified Company

Urbana, United States

1 week ago

Posted by:

Mark Lane

beBee recruiter

Description

Financial Accounting and Reporting Analyst - Hybrid/Remote:

UAFR:

Job Summary

Duties & Responsibilities
Assist with accounting issues related to the management of selfsupporting funds to ensure compliance with the applicable rules and regulations. This includes (but is not limited to) reviewing and processing requests for new selfsupporting funds and working with departments to research and correct erroneous selfsupporting fund transactions. This helps ensure financial reporting for the University of Illinois System.
Assist with the preparation of the quarterly accounts receivable report. This report provides details surrounding the University of Illinois System's accounts receivable and is required to be submitted to the State of Illinois Comptroller after the end of each quarter.
Assist with the review and completion of supporting schedules for the university's annual Unrelated Business Income Tax (UBIT) return to ensure compliance with the applicable guidelines outlined by the Internal Revenue Service (IRS) and University policy.
Assist with the Year-End Fact Sheet process, which is an important part of the University's yearend close process to convert cashbasis accounting activities to an accrual basis. This important task helps to ensure the accuracy of the University's annual financial report.
Analyze various expense transactions to determine whether an accrual or deferral adjustment should be recorded. This helps ensure accurate reporting of accruals and deferrals for the University of Illinois System's financial statements.
Assist with the correction of accounting errors (such as misclassified transactions on either the operating ledger or general ledger) and train departments on how to avoid similar errors in the future. This helps ensure more accurate financial statement reporting for the university.
Collect supporting documentation to fulfill external audit requests. This is an important task to fulfill the University of Illinois System's requirements during the annual external audit process.
Contribute towards special projects as assigned by University Accounting Services management, such as working with other staff members to contribute towards solving problems and making improvements in universitywide processes.
Perform other duties as assigned which would be appropriate for a Financial Accounting and Reporting Analyst within UAS.

Minimum Qualifications

Bachelor's degree with a major in Accountancy or a related field AND two (2) years of professional level accounting experience.

Possession of current registration as a Certified Public Accountant (CPA), Certified Management Accountant, or a valid license to practice Public Accounting (LPA).

Master's degree in Accountancy or a related field.

Preferred Qualifications

Preferred:

Certified Public Accountant (CPA), and/or
Certified Internal Auditor (CIA), and/or
Certified Management Accountant (CMA)

Knowledge, Skills and Abilities

1. Proficient computer skills and advanced knowledge of applicable computer systems. This would include advanced skills in Microsoft Office products such as Excel, Outlook, and Word.
2. Ability to produce accurate, detailoriented work related to financial matters within a higher education setting.
3. Ability to enforce various applicable policies and regulations while still providing superior customer service.
4. Ability to use creativity in problemsolving and ability to exercise independent professional judgment and discretion.
5. Ability to propose ideas that improve and/or maintain the effectiveness of daily financial operations.
6. Strong verbal and written communications skills to effectively present information and respond to requests for guidance and/or clarification.
7. Ability to address and resolve challenging accounting issues and strong interpersonal skills to establish and maintain effective working relationships.
8. Ability to meet deadlines.
10. Basic working knowledge of how to navigate within the Banner Finance module.
11. Familiarity with Microsoft Access, including the ability to edit and run queries.

Appointment Information:

This is a 100% full-time Civil Service Accounting Associate position, appointed on a 12-month basis. The expected start date is as soon as possible after 5/16/2024. System Office jobs such as this one are not eligible for the Referral Program. The minimum salary for this position is $59,000 and the salary is commensurate with experience and qualifications.

Sponsorship for Work authorization is not available for this position._

Application Procedures & Deadline Information:

The University of Illinois System is an equal opportunity employer, including but not limited to disability and/or veteran status, and complies with all applicable state and federal employment mandates.

Please visit Required Employment Notices and Posters to view our non-discrimination statement and find add