The University of Miami is considered among the top tier institutions of higher education in the U.S. for its academic excellence, superior medical care, and cutting-edge research. At the U, we are committed to attracting a talented workforce to support our common purpose of transforming lives through teaching, research, and service. Through our values of Diversity, Integrity, Responsibility, Excellence, Compassion, Creativity and Teamwork (DIRECCT) we strive to create an environment where everyone contributes in making UM a great place to work. We are one of the largest private employers in Miami-Dade County; home to more than 13,400 faculty and staff from all over the world.
The senior accountant maintains financial records and ensures that financial transactions are properly recorded. This position safeguards the accuracy of entries to ledger accounts and reconciles subsidiary ledger accounts to the general ledger.
The Sr. Accountant reports to the Accounting Manager and supports areas of financial reporting and analysis within the Division of Facilities Operations and Planning with a primary focus on capital and capital renewal projects overseen by the departments of Construction, Planning, and Facilities Management and operational and labor expenditures contracted through Facilities Management. May supervise support staff and student employees. Responsible for ongoing analysis of construction project budgets, operational, cash flow, month/year-end closing, and account reconciliations. Maintains a positive working relationship with University staff, adheres and supports the University’s Mission, DIRECCT Values/Behaviors, and Service Standards.
CORE JOB FUNCTIONS
Prepares complex balance sheets, profit and loss statements, and other financial reports.
Analyzes current costs, revenues, financial commitments, and obligations incurred to predict future revenues and expenses.
Oversees, mentors, and assists lower-level accountants.
Avoids legal challenges by complying with legal requirements.
Protects organization's value by keeping information confidential.
Updates job knowledge by participating in educational opportunities, reading professional publications, maintaining personal networks, and participating in professional organizations.
Prepares and records asset, liability, revenue, and expenses entries by compiling and analyzing account information.
Creates financial reports for taxes, regulatory agencies, and stockholders.
Adheres to University and unit-level policies and procedures and safeguards University assets.
This list of duties and responsibilities is not intended to be all-inclusive and may be expanded to include other duties or responsibilities as necessary.
Works to strengthen internal controls with an understanding of Internal Audit impacts and prevention of any control weaknesses. Recommends areas to improve controls and implement as necessary.
Responsible for the accounting of complex transactions typically associated with advanced accounting such as verifying the accuracy of journal vouchers and accounting classifications assigned to various records/processing and summarizing financial transactions; assisting in the preparation of financial reports or analysis required by department.
Assists in the development of the multi-million dollar, 5-year capital and capital renewal plans with the input of Construction and Facilities Management.
Develops and implements tracking policies and procedures as it relates to vendor contract administration.
Oversees, analyzes, and evaluates month-end financial and management reporting.
Assists in the preparation of the annual operating budget for the department.
Assists in the development of long-term financial planning for plant/capital funding projects.
Coordinates the fiscal year end closing process and capital project cost tracking.
Works with project management staff ensuring proper compliance with accounting procedures including reviewing and analyzing job cost estimates, and funding requirements.
Assists management in cost control measures and ensures cost saving options are implemented.
Reviews, investigates, and corrects errors and inconsistencies in financial entries, documents and reports.
Assists Accounting Manager in any construction related audits.
Able to stand-in for the Manager, Accounting in meetings when necessary.
Ensures compliance with established internal controls and recommends improvements.
Works closely with University Finance, AVPs and Directors of capital construction and renewal and refresh construction to establish and oversee project accounts.
Other duties as assigned.
Bachelor’s degree in relevant field
Minimum 4 years of relevant experience
Knowledge, Skills and Attitudes:
Knowledge of generally accepted accounting procedures and principles.
Knowledge of budget control methods, policies, and procedures.
Ability to prepare financial and accounting records.
Ability to analyze, consolidate, and interpret accounting data.
Ability to compile, organize, interpret, and communicate accounting data and results concisely.
Ability to manage a budget and work within the constraints of that budget.
Ability to communicate and to interact effectively with all levels of management
Ability to work independently and address department issues when called upon
Must have a high level of proficiency in the use of MS Office, including Work, Excel and other related applications.
Excellent communication skills both verbal and written required.
Audit experience a plus.
The above statements are intended to describe the general nature and primary responsibilities of this job classification. Specific duties and tasks may vary based upon departmental needs. Other duties may be assigned to the above consistent with the knowledge, skills, and abilities required for the job. This a job profile description and not all duties may be assigned to a specific position in each individual department.
The University of Miami is home to some of the brightest minds in the world. We are committed to educating and nurturing students, creating knowledge, and providing service to our community and beyond. The University of Miami offers competitive salaries and a comprehensive benefits package including medical and dental benefits, tuition remission, vacation, paid holidays and much more. The University of Miami is an Equal Opportunity Employer - Females/Minorities/Protected Veterans/Individuals with Disabilities are encouraged to apply. Applicants and employees are protected from discrimination based on certain categories protected by Federal law. Click here for additional information-https://www.hr.miami.edu/careers/employment-laws-eo/index.html]]>