Commitment Accountant

UNC-Chapel Hill•Chapel Hill, NC

23h•Hybrid

About The Position

Hybrid: This position may be eligible for a hybrid work arrangement that may include a partially remote work location, consistent with System Office policy. UNC Chapel Hill employees are generally required to reside within a reasonable commuting distance of their assigned duty station. The University of North Carolina at Chapel Hill utilizes the PeopleSoft Commitment Accounting module for the budgeting, tracking and expenses of personnel costs. The Commitment Accounting unit is part of the HR/Payroll component and exchanges this information with PS Financials to keep both system in sync and to keep the University financial information accurate. The Commitment Accountant business processes are used to define fiscal year budgets, validate chartfield information to be utilized in the payroll runs, and post actual earnings and fringes to the payroll subsidiary and general ledger. The primary purpose of this position is to assist with the administration and provide campus support of Commitment Accounting functions which heavily focuses on production payroll and their distributions but also connect to related systems such as projections. The position monitors and manages the employee funding process through the processes that bridge HR/Payroll and Finance PeopleSoft modules. This includes maintaining, monitoring, and providing campus support on the PeopleSoft department budget table and PAAT (Payroll Accounting Adjustment Tool); payroll chartfield validation and processing; running the processes that send vendor payment information to Accounts Payable, distribution of salaries, taxes, and benefits to the appropriate chartfield strings in the appropriate ledgers, and review and monitoring of the payroll liability accounts. The position runs and analyze queries, research potential error related to position funding and posting of payroll expenses to the General Ledger, and advises on ways to improve those processes. The position also reviews and analyzes the payroll liability account for variances utilizing various tools including but not limited to SQL . The position also takes lead in Finance module payroll activities such as payroll journal entries, cash deposits, and balance sheet reconciliation.

Requirements

Experience in Accounting.

Nice To Haves

Experience with University personnel funding and/or experience with PeopleSoft Finance, including complex journal entries.
Working knowledge of modern data analytics tools, including Power BI, AI tools, or SQL /queries.

Responsibilities

Assist with the administration and provide campus support of Commitment Accounting functions.
Monitor and manage the employee funding process through the processes that bridge HR/Payroll and Finance PeopleSoft modules.
Maintain, monitor, and provide campus support on the PeopleSoft department budget table and PAAT (Payroll Accounting Adjustment Tool).
Payroll chartfield validation and processing.
Run the processes that send vendor payment information to Accounts Payable.
Distribution of salaries, taxes, and benefits to the appropriate chartfield strings in the appropriate ledgers.
Review and monitoring of the payroll liability accounts.
Run and analyze queries, research potential error related to position funding and posting of payroll expenses to the General Ledger, and advises on ways to improve those processes.
Review and analyzes the payroll liability account for variances utilizing various tools including but not limited to SQL.
Take lead in Finance module payroll activities such as payroll journal entries, cash deposits, and balance sheet reconciliation.