Accountant III (S03189)

Montgomery College•OC - Central Services, MD

26d•$72,455 - $94,203•Hybrid

About The Position

Montgomery College has an immediate need for a full-time Accountant III at the Central Services location in Rockville, Maryland. The work schedule is 40 hours a week, Monday – Friday, 8:30 a.m. – 5:00 p.m. This is a Non-Bargaining, Exempt, grade 29 position. For non-exempt positions, you are not eligible to work a secondary job at Montgomery College. Montgomery College promotes and creates a working and learning environment rooted in the basic tenets of fairness, belonging and inclusiveness. This position is eligible for telework 2 days a week. This eligibility is subject to change based on the needs of the unit. With minimal supervision, the incumbent in this position performs in-depth professional and specialized accounting work, including auditing, analyzing, maintaining, and verifying fiscal records and reports, preparing financial audit reports, and reconciling general ledger accounts. This accounting work requires an advanced understanding and skillful application of complex accounting principles and practices. Independent work is required to resolve a wide range of complex problems. Contacts include staff and administrators across the organization, as well as external governmental entities and auditors to ensure proper preparation and reporting of all accounting activities and the administration of grants and contracts. An understanding and application of complex Generally Accepted Accounting Principles (GAAP), Governmental Accounting Standards Board (GASB) regulations and Grant Uniform Guidance practices is required to ensure accurate and compliant financial records.

Requirements

Bachelor’s degree in Accounting, Finance, Business Administration, or a related field from an accredited college or university.
Five years of progressively responsible accounting or finance experience demonstrating advanced level knowledge and skill in areas such as general ledger, budget formulation, and grants administration.
Thorough knowledge and understanding of generally accepted accounting principles (GAAP).
Strong analytical skills.
Effective skill in adapting to changing priorities in a fast -paced environment.
Strong knowledge of Microsoft Office applications.
Advanced skill using Excel (VLOOKUP, Pivot tables, macros, logic functions, etc.).
Excellent verbal, written and interpersonal skills.
Ability to work independently and as part of a team.
The equivalent combination of education, training, certification and/or experience that provides the required knowledge and expertise to perform the essential functions of the job may be considered.

Responsibilities

Prepare financial statements and footnote support, quarterly reports, and required regulatory reports from governmental entities.
Apply accounting principles to complex annual entries for financial statement accuracy and liaise with auditors for supporting documentation and support audit requests.
Analyze and interpret discrepancies in accounts, financial documents, data entries, and reports and records, and make corrections and submit process recommendations.
Investigate complex accounting discrepancies and develop reports for leadership.
Recommend, test, and implement systematic and process updates.
Conduct variance and financial analysis of general ledger accounts.
Respond to inquiries from college units, auditors, vendors, and financial institutions regarding accounts and transactions, and search account records and transaction files for information to answer inquiries.
May provide direction to lower-level accountants and colleagues.
Maintain on-going education in generally accepted accounting principles (GAAP), Governmental Accounting Statements (GASB), and other financial best practices to ensure proper implementation, accounting and reporting in the college’s annual financial statements; attend conferences or training as deemed appropriate.
Perform other duties as assigned.