Accounts Payable Accountant

University of Iowa Center for Advancement • Iowa City, IA

7d • Hybrid

About The Position

At the University of Iowa Center for Advancement, the Accounts Payable Accountant is a member of the finance department and manages and coordinates accounts payable functions, systems, and processes. The position maintains proper internal controls and ensures compliance with and enforcement of vendor contracts, UICA and UI policies and procedures, and IRS regulations and tax filings.

This position is eligible for hybrid work (telecommuting), which includes working on-site at the office in Iowa City. A cover letter is preferred with the application submission.

Requirements

• Bachelor’s degree in accounting, finance, or business and 5 years of relevant experience preferred; an equivalent combination of education and experience will be considered.

Nice To Haves

• A cover letter is preferred with the application submission.

Responsibilities

• Provides training and guidance to the Accounts Payable Specialist and ensures segregation of duties and quality assurance for accounts payable entries and payments.
• Maintains tax compliance through proper assessment of sales tax, issuance of 1099 forms, and appropriate reporting of taxable payments to employees.
• Analyzes, reviews, and approves expenditures from UI donor accounts, ensuring compliance with donor intent and current policies and procedures.
• Monitors and approves UICA general operating and fundraising budget expenditures; analyzes budget exceptions and works with appropriate staff to resolve budget enforcement issues.
• Interprets and enforces 501(c)(3) regulations, Federal and State tax law, and UI/UICA spending and purchasing policies.
• Coordinates electronic funds transfer payments.
• Maintains and updates UICA purchasing, travel, and corporate card policies and procedures; develops, coordinates, and conducts related training; and oversees the corporate card program.
• Maintains a thorough knowledge of financial and accounts payable systems and policies and regulations related to expenditures.

What This Job Offers

• Job Type: Full-time