Accounting Analyst I

University of Maryland Global Campus•Adelphi, MD

6d•$46,000

About The Position

University of Maryland Global Campus (UMGC) seeks an entry level Accounting Analyst within the Third-Party Military unit in the Office of Student Accounts (OSA). Under the supervision of the Third-Party Supervisor, the Third-Party Accounting Analyst will perform complex clerical activities essential to Third Party accounting such as ensuring proper posting of tuition assistance, billing, invoicing, collections of all related third-party accounts receivables, refunding payments as necessary and filing tuition assistance forms and invoices while adhering to departmental standards for quality assurance. The Accounting Analyst ensures that third party transactions are in accordance with UMGC, State, and Federal policies and procedures, and are recorded consistent with acceptable accounting standards.

Requirements

Bachelor’s Degree from an accredited institution of higher learning in Business Management, Finance, Accounting, Information Systems, or related field, plus two (2) years of related experience.
Knowledge of best practices, principles, theories, techniques, and methodology in the field as well as all relevant federal, state, and local rules, regulations, and programs/policies for meeting compliance.
Ability to participate in the development of policies and procedures for the unit, to clearly communicate results of work both orally and in writing to clients and management, to cooperate and work with others in order to strengthen and cultivate relationships, to carry out multiple assignments and plan accordingly in order to meet scheduled deadlines, to effectively implement analytical and organizational skills in order to carry out and follow through with complex assignments for which no clear precedents exist.
In addition, the skill in acting as a liaison with key external agencies, campuses, or other high-level contacts and in using Microsoft Office software and PeopleSoft financial system for advanced analysis and useful reporting.

Responsibilities

Administers and maintains assigned third-party payer accounts to verify accuracy of transactions and uniform application of policies, procedures, and acceptable standards.
Receives, analyzes, and prepares various internal/external reconciliations, exhibits and summaries along with any assigned databases utilized for financial reporting.
Provide world-class customer service via the telephone, emails and ticketing system to students, agencies, and internal staff; responding to all internal and external inquiries within one business day; and troubleshooting issues accurately and appropriately.
Ensures that transactions are in accordance with applicable authority, policies, procedures, and are recorded consistent with acceptable accounting standards.
Reviews and processes routine financial documents such as invoices, vouchers, receipts, and reports, ensuring accuracy of mathematical computations and completeness.
Maintains manual and automated record keeping systems by tracking, verifying, and updating records, files, and reports.
Inputs, monitors, and corrects data in automated systems; generates reports.
Perform complex clerical activities essential to Third Party accounting such as ensuring proper posting of tuition assistance for military, private, and USM agencies, billing, invoicing, collections of all related third-party accounts receivables, refunding payments as necessary and filing tuition assistance forms and invoices.
Process and reconcile third party transactions within one business day while ensuring that processes are in accordance with UMGC, State and Federal policies and procedures and are recorded and consistent with acceptable accounting standards while adhering to departmental standards for quality assurance
Provides general research and overview of various procedures and programs for billing, receipt, and collection
Other job-related duties as assigned.

Benefits

Generous Time Off: Enjoy 22 days of paid vacation, 15 days of sick leave, 3 personal days, and 15 paid holidays (16 during general election years).
For part-time employees, time off rates will be prorated based on the number of hours worked.
Comprehensive Health Coverage: Access to health care, medical with vision, dental, and prescription plans for both individuals and families, effective from the 1st of the month following your hire date.
Insurance Options: Term Life Insurance, Accidental Death and Dismemberment Insurance, and Long-Term Disability (LTD) Insurance.
Part-time employees working less than 0.5 FTE are not eligible for LTD.
Flexible Spending Accounts: Available for medical and dependent care expenses.
Retirement Plans: Choose between the Optional Retirement Program (ORP) or the Maryland State Retirement and Pension System (MSRPS).
Supplemental Retirement Plans: include 401(k), 403(b), 457(b), and various Roth options.
The university does not provide matching funds.
Tuition Remission: Immediate availability for Regular Exempt Staff.
Spouses and dependent children are eligible for undergraduate tuition remission after two years of service.
NOTE: For part-time employees (at least 50 percent of the time), tuition remission benefits are prorated.