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ACCOUNTANT

Employer: Loyola University Chicago
Location: Chicago-Water Tower Campus

Administrative Jobs: Institutional & Business Affairs, Business & Financial Management
Employment Type: Full Time
Institution Type: Four-Year Institution

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Job Details
Organization

Job Details

Job Title:

ACCOUNTANT

Position Number:

8100772

Job Category:

University Staff

Job Type:

Full-Time

FLSA Status:

Exempt

Campus:

Chicago-Water Tower Campus

Department Name:

SPONSORED PROGRAM ACCOUNTING (04005A)

Is this split and/or fully grant funded? :

Duties and Responsibilities:

Job Summary:
Under general direction, the Accountant is responsible for compiling financial information, processing journal entries into various accounts, and reconciling reports and financial data for the Sponsored Program Accounting Department. The Accountant for Sponsored Program Accounting reports to the Grants Accounting Manager and is responsible for providing analytical and general accounting support to the department management and Grant Administrators.

Duties & Responsibilities:

• Serves as main point of data integrity for the general ledger related to grants, contracts and gifts, including proper accounting unit attribute setup, system updates, and journal entry authorization review.
• Responsible for the upload and creation of new accounting units in Lawson
• Update signature cards needed to validate the authorization for grant expenditures
• Prepares, coordinates and reviews grant-related monthly variance reports.
• Coordinates A/R billings with Grant Administrators including billing system maintenance and reconciliation of system detail to general ledger summary.
• Prepare status report of all State of Illinois invoices at year end and track invoice submission
• Monitors the subcontracts awarded by the University in compliance with federal guidelines and budgeted spending levels.
• Coordinates the processing of payroll forms received from various departments.
• Review and approve payment requisitions charged to gift accounts
• Develops and prepares various balance sheet account reconciliations to subsidiary ledger support and to the General Ledger. Resolves variances that arise.
• Assists with month-end and year-end close including the preparation of journal entries as assigned.
• Assists with the preparation of the monthly LOC drawdowns for grant-related federal funding and corresponding quarterly draw reports to federal funding agencies
• Assists with the maintenance of Time and Effort Reports for Lakeside Grants and Contracts
• Supports the development and implementation of accounting policies and procedures to ensure controls over transactional processing.
• Uses various software applications to assemble, manipulate/format data and reports.
• Prepares periodic financial reports and analysis as necessary.
• Performs other periodic accounting analytical surveys and projects, including year-end Single Audit preparation work, as assigned by department management.
• Serves as backup to other Sponsored Program Accounting personnel on a variety of duties.
• Other duties as assigned.

Minimum Education and/or Work Experience:

Bachelor’s degree from an accredited University in accounting, business or related field along with zero to three years of experience is required.

Qualifications:

To perform this job successfully, an individual must be able to work independently, performing each essential duty satisfactorily. The requirements listed above are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Competencies:

To perform this job successfully, an individual must demonstrate the following competencies

• Problem Solving – analytical, evaluative, and objective critical thinking skills. Ability to analyze and interpret financial reports, and grant and contract agreements. Ability to define problems, collect data, establish facts, and draw valid conclusions.
• Communication – strong written and oral communication skills. Ability to respond to customer inquiries and regulatory agencies in a prompt, professional manner.
• Interpersonal – ability to establish and maintain strong working relationships with faculty and staff at all levels of the University
• Customer Service – seeks ways to improve and promote quality; responds to customer requests for assistance in a timely manner
• Computer Skills – familiarity with financial systems and use of supporting software programs. Proficient user of MS Excel and other Microsoft Office Applications. Familiarity with Lawson is a plus.

Certificates/Credentials/Licenses:

N/A

Computer Skills:

Extensive knowledge of the Microsoft Office package, including advanced Excel skills and presentation formatting is required. Proficiency in information/database management and ad-hoc reporting tools is also needed. Knowledge of Lawson and WebFocus is preferred.

Supervisory Responsibilities:

Required operation of university owned vehicles:

Does this position require direct animal or patient contact? :

Physical Demands:

Repetitive Motions

Working Conditions:

None

Open Date:

03/22/2021

Quick Link for Posting:

https://www.careers.luc.edu/postings/15407

Organization

Working at Loyola University Chicago

Loyola University Chicago, a private university founded in 1870 as St. Ignatius College, is the nation’s largest Jesuit, Catholic University and the only one located in Chicago. Shaped by our city and our Jesuit traditions, Loyola University Chicago offers students an educational environment unmatched for its diversity of thought and experience.

Loyola University Chicago comprises four campuses: Lake Shore (LSC), Water Tower (WTC), Health Sciences (HSC), and the John Felice Rome Center in Italy, and is home to eleven schools and colleges: Arrupe College, Quinlan School of Business, Marcella Niehoff School of Nursing, Stritch School of Medicine, College of Arts and Sciences, School of Communication, School of Continuing and Professional Studies, School of Education, School of Law, School of Social Work, and Graduate School. Loyola also features course locations in Beijing, China; Saigon-Ho Chi Minh City, Vietnam; Vernon Hills, Illinois (Cuneo Mansion and Gardens); and a Retreat and Ecology Campus in Woodstock, Illinois.

With three campuses spread throughout the greater Chicago area, students have access to hundreds of cultural institutions as well as thousands of internships and networking opportunities with the city's Fortune 500 companies. Study-abroad programs at our Rome and Beijing Centers provide engagement with the global community and economy.

While rigorous programs of research and study are one hallmark of a Jesuit education, we're not just preparing students for a career, we're preparing them for life. We challenge our students to learn broadly, to think critically, to serve generously, to lead with integrity, to respect diversity. We come from all faiths and ethnic and economic backgrounds, with a common purpose of building a better society.

Recognizing Loyola’s excellence in education, U.S.News and World Report has ranked Loyola consistently among the "top national universities" in its annual publications, and named the University a "best value" in its 2008 rankings.

Our faculty take a person-centered approach to education. They’re not just here to teach students what they know, they’re here to teach them to think critically and creatively and to reach for their own discoveries.

More facts about Loyola University Chicago:

Total enrollment: 15,902
80+ undergraduate majors and 80+ minors
140+ graduate, professional, and graduate-level certificate programs
More than 4,000 faculty and staff members
14:1 Undergraduate student/faculty ratio
150,000 alumni; 85,000 in Chicago
One of only eight percent of all American colleges and universities to have a Phi Beta Kappa honor society chapter

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