University of Colorado Denver l Anschutz Medical Campus
Job Title – Accountant I
Position #00751250– Requisition #20356
The University of Colorado Denver is a public research university serving more than 14,000 students. With our solid academic reputation, award-winning faculty and renowned researchers, we offer more than 100 highly rated degree programs through eight schools and colleges. In the heart of downtown Denver—one of America’s most vibrant urban centers—CU Denver is located steps from the Denver Center for Performing Arts and the LoDo District affording our students, faculty and staff access to a broad array of academic, professional, community, recreational and cultural outlets.Career FamilyJobs in this career family provide the accounting and financial activities for the University. Functions include general accounting, budget, financial analysis and audit, tax and reporting, accounts payable and receivables, government cost reimbursement, contract administration, cashiering, cash management/ banking, investments, treasury and travel audit.Professionals at the entry level are responsible for exercising discretion, analytical skill, personal accountability and responsibility in a wide range of areas including academic, administrative, managerial and student services functions. Work involves creating, integrating, applying and sharing knowledge directly related to a professional field. At the entry level, duties are limited in scope and are performed with guidance and direction from other professionals and are performed in a training and Development capacity.Position Emphasis
This position will perform accounting duties in the Finance Office and provide accounting service to campus departments and schools. Primary responsibilities include reconciling bank accounts, reviewing journal entries, fielding help desk questions, general ledger analysis, reviewing and processing chartfield requests, clearing campus payroll suspense accounts, reconciling student financial transactions, and assisting with month-end and year-end closing tasks.Duties and Responsibilities
- Reconcile bank and campus clearing accounts. This position works closely with the Bursar’s Office, and the bank to analyze data, investigate discrepancies, correct errors and ensure accuracy between the general ledger and the bank statements.
- Review journal entries based on generally accepted accounting principles (GAAP), policies, and supporting documentation. For example, this position decides whether the accounting sign and related chartfield coding is correct and whether the supporting documentation adequately justifies the purpose of the entry. The position also determines if the journal entry is in compliance with GASB pronouncements, if any restrictions need to be considered, and whether the entry needs to be routed to additional personnel prior to approval in the general ledger. This position must have the accounting expertise to determine if the journal will withstand audit.
- Monitor and clear balances in the campus payroll suspense account. This position coordinates and follows up with campus departments on items posted to the suspense account. This positions resolves any issues related to the items with the departments and processes corrections in the Human Capital Management system (HCM) to clear the balances in the suspense account. This position also provides informal training to departmental personnel on payroll expense transfer (PET) usage.
- Investigate and correct abnormal financial statement balances. This position must determine the best method to identify and research transactions causing the abnormal balance. Supporting documentation is obtained and related campus departments are contacted as necessary to investigate the cause of the abnormality. This position must have knowledge of related accounting guidance and university policy to determine the appropriate corrective action.
- Review requests from campus departments to set up chartfields in the University’s finance system. This position follows accounting principles and standard procedures including a matrix and decides what fund code the new activity belongs in, what the proper Expense Purpose Code (EPC) to be assigned to, and whether requested fiscal principal and manager hold sufficient positions to serve in such capacities. This position also identifies exception activities falling outside of the procedures or the parameters of the matrix and brings these requests to and discusses with the supervisor for the final determination.
- Review moving expense reimbursements for faculty or exempt professionals. This position analyzes and corrects as necessary moving expense reimbursement packets submitted by campus departments to ensure compliance with IRS, state, and university rules. After final review by the Accounting Manager, this position coordinates with the applicable central administrative offices (e.g. Office of Grants and Contracts, Human Resources, etc.) for final approval, before routing the reimbursement request to Employee Services.
- Reconcile each student transaction from wire payments, bad check, deposit correction, and demand warrant batch to its corresponding record in the sub-system and to its corresponding entry in the general ledger. Research and investigate if any variances exist and coordinate with the Bursar’s Office to make any necessary and timely corrections.
- Assist the Accounting Manager with ad hoc projects and analysis requests as necessary.
- Perform month-end, quarter-end, and fiscal year-end accounting tasks and special projects as assigned.
- A bachelor’s degree in accounting, finance, business, business administration or a directly related field from an accredited institution with 24 semester hours in accounting or auditing.
- Substitution: A combination of education and related technical/paraprofessional experience may be substituted for the bachelor’s degree on a year for year basis.
- Prior experience at a Higher Education Institution or State of Colorado Agency.
- Detailed working knowledge of the University of Colorado’s Accounting System.
- Proficiency with Microsoft Office applications, especially Excel and familiarity/knowledge of Access.
- Knowledge of generally accepted accounting principles and governmental accounting standard pronouncements.
- Ability to communicate effectively, both in writing and orally.
- Ability to establish and maintain effective working relationships with employees at all levels throughout the institution.
- Outstanding customer service skills with ability to maintain excellent customer service to various campus departments.
- Attention to detail and sound judgement.
- Excellent analytical skills are essential in order to properly perform various reconciliations and analyses.
- Excellent interpersonal skills, the ability to collaborate with varying levels of authority.
Job Category: Finance and Accounting
Primary Location: Denver
Posting Date: Mar 3, 2021
Unposting Date: Ongoing