Accounting Specialist II
About The Position
This position is responsible for reconciling all bank accounts for TTU entities, including the University, TTU Foundation, and Tech Farms, LLC, utilizing the Oracle Cash Management module. Reconciliations must be completed within 30 days of the last day of the prior month to avoid audit findings. This involves communicating with Business Office personnel to ensure correct transaction entry, reviewing transactions for six University bank accounts and one for Tech Farms, LLC, and reconciling them separately for each account. The role also includes reconciling unclaimed property monthly, sending annual notifications to payees, remitting stale-dated checks to the State of Tennessee or other applicable states, and electronically remitting unclaimed property totals. Additionally, the position performs other financial reconciliations as needed and assigned by management.
Requirements
- Proficiency in the Oracle Cash Management module.
- Experience with bank reconciliations.
- Ability to communicate effectively with personnel to resolve discrepancies.
- Understanding of financial reconciliation processes.
- Ability to manage and prioritize tasks to meet deadlines.
Nice To Haves
- Experience with the Talon cash management module.
- Experience with unclaimed property reconciliation and remittance.
Responsibilities
- Reconcile all bank accounts for all TTU entities (University, TTU Foundation, Tech Farms, LLC) using the Oracle Cash Management module within 30 days of the last day of the prior month.
- Communicate with Business Office personnel to ensure correct transaction entry and resolve discrepancies.
- Review and reconcile transactions for six University bank accounts and one for Tech Farms, LLC.
- Reconcile multiple entities on one shared account.
- Compare bank statement balances to general ledger balances and make recommendations for reconciliation.
- Train appropriate backup personnel on the Talon cash management module and bank reconciliation processes.
- Reconcile unclaimed property on a monthly basis.
- Send annual notifications to payees on the outstanding unclaimed property listing.
- Remit stale-dated checks to the State of Tennessee or other applicable states.
- Remit unclaimed property totals to each state electronically and communicate information to Assistant Controller.
- Perform other financial reconciliations as needed or requested by Business Office management.
- Perform other duties as assigned.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
