Accountant

Augsburg University • Minneapolis, MN

21d • $50,000 - $56,000 • Onsite

About The Position

The accountant will complete daily and weekly cash accounting processes to ensure accurate and detailed records of all cash transactions are maintained. This position will also be responsible for completing assigned monthly close processes, preparing journal entries and reconciliations, assisting with internal management financial reports and budgeting processes, preparing and completing tax filings, and providing backup support for other areas in the accounting office.

Requirements

• Bachelor's degree in accounting and a minimum of 1 year of experience as an accountant OR Associate's degree in accounting and a minimum of 3 years of experience as an accountant.
• Experience with account reconciliations is required.
• Ability to use MS Excel spreadsheets and MS Word effectively and efficiently required.
• Ability to work in a team environment as well as work independently or with little supervision.
• Ability to reason/analyze, research, and resolve problems.
• Ability to carry out duties with accuracy and attention to detail despite frequent interruptions.
• Effective time management skills, ex: timely completion of projects and effectively prioritize work.
• Ability to maintain confidentiality and demonstrate initiative.

Nice To Haves

• Experience with financial statement analysis is preferred.
• Knowledge and experience in ERP environments is preferred (Workday experience preferred).
• Knowledge of accounting internal controls preferred.
• Knowledge of GAAP and non-profit accounting experience preferred.

Responsibilities

• Reconcile main bank and sub accounts weekly and other bank accounts monthly.
• Prepare and post journal entries to record all main bank and sub account activity weekly.
• Access bank information on-line and record cash activity daily in cash spreadsheets.
• Follow cash reconciliation procedures and update documentation as necessary.
• Provide reconciliation report weekly to the Accounting Manager for review and follow-up on open items as well as daily follow up on rejected transactions, fraud notifications, and check voids.
• Review available balances in cash accounts and recommend transfers between accounts.
• Update cash flow summary report with daily cash receipts and expenditures by type and assist in analysis of unusual or unexpected transactions.
• Support any audit testing of cash accounts or transactions.
• Perform close processes, journal entries and reconciliations for the following areas: Monthly fixed asset reviews, asset maintenance in the fixed asset module and reconciliations.
• Perform monthly investment and accrued interest reconciliations. Maintain electronic statements and assist with monthly endowment reporting.
• Monthly reconciliation of bond, note, and interest payable accounts as well as bond amortization and trustee deposit reconciliations. Update the capital and operating leases schedules as needed.
• Upload monthly central service journal entries to ERP system as well as accounting tickets.
• Various asset and liability monthly account reconciliations as assigned.
• Assist in the capital budget monthly summary reporting.
• Prepare and file monthly sales tax as well as annual sales tax reports.
• Complete the processing and reporting unclaimed property.
• Assist with the preparation of annual IRS filings such as 1099, 1042S, 990, 990T.
• Provide backup support for accounts payable or other duties as necessary.
• Other reconciliation, duties, and special projects as assigned such as work with archiving and record retention.
• Perform other responsibilities as assigned by supervisor.

Benefits

• Medical, dental and vision coverage
• A generous 403(b) matching program with an employer contributions of up to 8% upon eligibility
• Up to 100% tuition remission for employees, spouses and dependents, and participation in the Tuition Exchange program with colleges and universities throughout the US
• Generous paid time-off, including 14 paid holidays, 12 sick days, 2 community service days, and vacation of up to 22 days per year immediately upon hire
• Employer-paid STD, LTD and life insurance
• Employee Assistance Program (EAP) for all employees

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Education Level: Associate degree