Job Details
Qualifications
- Account reconciliation
- Accounting
- Analysis skills
- Bachelor's degree
- Driver's License
- Microsoft Excel
Job Description
Overview:
The Staff Accountant, Financial Reporting reports to and assists the Manager, Financial Reporting & Chart of Accounts with a variety of central financial reporting activities. The responsibilities of the position include the preparation of the University's bank reconciliations, preparation of monthly and year-end analyses and reports, support for the capital asset management process, and other various accounting duties. In order to carry out these responsibilities, the Staff Accountant is required to possess knowledge of accounting and bank processes.
In this capacity, the staff accountant will have these primary responsibilities:
Prepare the University's monthly bank reconciliations, working with Accounts Payable, Cashier, Payroll, and other departments to ensure accuracy and completeness of all bank reconciliations.
Prepare monthly, year end, and ad hoc reconciliations, analyses, and reports for various financial reporting functions.
Support Asset Management process, including accounting, reconciliation, rollforward and financial reporting of fixed assets.
Support General Ledger operational processes.
The successful performance of these responsibilities ensures that the University is able to maintain a full and accurate accounting of its financial information and is in compliance with all applicable policies and regulations.
Responsibilities:
Preparation of University bank reconciliations:
Substantiate monthly balance sheet accounts
Research and clear account reconciling issues, and if necessary, prepare correcting entries
Prepare reconciliations of University bank accounts
Collaborate with F&T and other University colleagues on resolution of reconciling items
Establish and maintain account reconciliations and process documentation
Review account reconciliations with Financial Reporting Manager on a monthly basis
Create and enter Prime and spreadsheet journals
Provide guidance to F&T and University colleagues on various accounting matters
Preparation of monthly and year-end analyses and reports in support of the University’s internal and external reporting requirements
Prepare monthly financial statement schedules:
Create schedules to support year-end accounting and prepare corresponding journal entries in accordance with year-end timeline
Analyze accounts and financial statement categories and explain variances at mid-year and year-end
Prepare financial statement footnotes for annual audited financial statements
Prepare other reports in support of the University’s internal and external reporting requirements
Determine process improvements needed for year end and other processes
Collaborate with Finance Technology and other Controller Department personnel to develop and maintain system financial reports
Support Asset Management system and capitalization process, including accounting, reconciliation, rollforward and reporting of fixed assets
Creation of supporting schedules and journal entries in support of the University’s internal and external reporting requirements
Assistance with special projects in connection with the University’s accounting and reporting
Support General Ledger operational processes, reconciliations and analytics
Qualifications:
Essential Qualifications:
Bachelor’s degree in accounting
4 to 6 years of accounting experience
Strong working knowledge of GAAP accounting and internal controls
Strong analytical and problem-solving skills with close attention to detail
Ability to collaborate with other departments, and balance multiple priories from multiple stakeholders
Strong Microsoft Office skills, including advanced Excel functions
Accounting experience with complex reconciliations
Preferred Qualifications:
Experience with PeopleSoft Financials and bank systems.
Experience in a Higher Education environment
Princeton University is an Equal Opportunity/Affirmative Action Employer and all qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity or expression, national origin, disability status, protected veteran status, or any other characteristic protected by law. KNOW YOUR RIGHTS
Standard Weekly Hours: 36.25 Eligible for Overtime: No Benefits Eligible: Yes Probationary Period: 180 days Essential Services Personnel (see policy for detail): No Physical Capacity Exam Required: No Valid Driver’s License Required: No Experience Level: Mid-Senior Level : #LI-NC1