Closeout Accountant Intern

Location
Boulder, CO
Posted
Aug 12, 2018
Institution Type
Four-Year Institution

Areas of Intereset: Finance and Accounting
Functional Areas: Finance & Business Strategy
Department: Campus Controller's Office
Requisition Number: 12353
Location: Boulder, CO
Employment Type: University Staff
Schedule: Full-Time
Posting Close Date: 21-Aug-2018


Job Summary

The Campus Controller's Office is welcoming applications for an Closeout Accountant Intern. This full time intern position is located in the Controller’s Office at the University of Colorado Boulder. The Project Closeout Accountant Intern will develop knowledge and skill required to complete the process of award management; and will work closely with CCO staff, the Office of Contracts and Grants, and awarding agency personnel in the management of awards. The intern will learn to provide analysis of award budgets in order to ensure that all expenses are in line with the contract terms prior to closing out the project, and develop skills necessary to move to the professional accountant level.

This position may also involve cross-training across other areas of CCO to further develop accounting skills that are necessary for the success of the university.

Who We Are

Committed to the mission of the university and the Boulder campus, the Campus Controller's Office (CCO) provides trusted leadership in higher-education financial accounting and reporting. CCO offers assistance and guidance to manage fiscal responsibilities successfully across campus. CCO assists students, families, faculty and departmental administrators.

CCO is a division of Finance and Business Strategy, CU Boulder’s resource for strategic business operations, financial management and decision-making support.

What Your Key Responsibilities Will Be

Process Excellence

  • Verify accurate information is recorded, classified, reconciled and is within the sponsor’s budget and cost requirements.
  • Ensure financial reports comply with Generally Accepted Accounting Principles (GAAP) and all rules, regulations, policies and procedures regarding Sponsored Projects funds.
  • Review and ensure all interim and final financial reports have been submitted as required with the varying rules and regulations of individual sponsor agreements.
  • Reconcile University Cash and funded records with sponsor balances encompassing expenses and reimbursement requests.
  • Review and prepare project accounts for closure, resolve cash deficits and accounts receivable issues, resolve outstanding encumbrance or payables issues, process refunds or fund transfers if necessary, prepare correcting entries, modify attributes.
  • Close projects in the University finance system.
  • Analyze typical expenditures for assigned project accounts, as well as atypical situations such as; participant costs, interest bearing accounts, fellowships/training grants and special award supplements. Analyze cash position.
  • Verify that indirect costs are accurate, subcontract indirect charges are adjusted and accounted for properly, cost-sharing/matching funds are identified and reported.
  • Identify and research budget deficits, possible dis-allowances, resolve conflicts and process correcting entries.


University Satisfaction

  • Resolve budget deficits and unallowable expenses charged to the sponsored project, policies and procedures.
  • Provide guidance and consultingnin the proper administration of contracts and grants, use of the PeopleSoft Financial module, and University business processes.
  • Assist various SPA units in shifting workload and priorities.


People Development

  • Be mindful of and recommend opportunities for growth of self and/or unit.


Infrastructure Enhancement

  • Provide recommendations for enhancements and assist with implementation of system upgrades and implementations.
  • Provide training and guidance to CCO units on finance system functionality.
  • Work closely with CCO staff on addressing issues and potential improvements to the finance system.


What You Should Know

This position will not remain at the intern level indefinitely. With continued skill development, it has the potential to move to the professional accountant level. This is a limited-term position with an anticipated end date of June 30, 2019.

What We Can Offer

The anticipated salary range starts at $39,000.

Benefits

The University of Colorado offers excellent benefits, including medical, dental, retirement, paid time off, tuition benefit and ECO Pass. The University of Colorado Boulder is one of the largest employers in Boulder County and offers an inspiring higher education environment. Learn more about the University of Colorado Boulder.

Be Statements

Be Collaborative. Be Empowered. Be Boulder.

What We Require

  • Bachelor’s degree in accounting, finance, business, or related field.


Special Instructions

To apply, please submit the following materials:

1.A current resume.

2.A cover letter that specifically addresses how your background and experience align with the requirements, qualifications and responsibilities of the position.

You will not be asked to upload references at this time.

Posting Contact Name: Boulder Campus Human Resources

Posting Contact Email: HRESmail@colorado.edu

The University of Colorado is an Equal Opportunity/Affirmative Action employer

PI103832657

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