Financial Accountant II
About The Position
Under the general supervision of the Director of Payroll Services, the Financial Accountant II is responsible for providing advanced, professional-level accounting or business support to the Payroll Services unit; serving as the key accounting resource within the unit for other staff members; auditing, reporting, reconciling, tracking, reviewing, or approving actions on their designated accounts and/or assigned duties; and managing projects, reports, or functions with routine processes. The salary is determined in accordance with the University’s compensation structure and will be commensurate with the candidates’ education and experience, within the assigned salary range for this position.
Requirements
- Bachelor’s degree or equivalent combination of education and experience.
- Two years of related experience.
- Accounting experience in a business office preferred.
- Ability to multitask and work cooperatively with others.
- Strong verbal and written communication skills.
- Good customer service skills.
Nice To Haves
- Bachelor’s degree in Accounting or Business related discipline.
- Four or more years of accounting experience.
- Proficiency in Microsoft Excel.
- Excellent critical thinking and analytical capabilities with attention to detail and accuracy
- Apply problem-solving and organizational skills to address complex problems, prioritize, manage multiple projects and meet deadlines.
- Knowledge of account reconciliation and problem solving.
Responsibilities
- Completes monthly auditing and reconciliation of all payroll clearing accounts and reports discrepancies to the Director of Payroll Services.
- Processes correcting entries, including, but not limited to, journal entries, disbursement batches and state/local payment vouchers.
- Processes payroll verifications and corrections in Workday and the Uniform Statewide Accounting System (USAS).
- Performs accounting work to include recording, examining and analyzing financial records, documents and reports.
- Completes reconciliation and calculation of monthly and biweekly payroll Medicare, Social Security and Federal withholding taxes for payment and prepares quarterly 941 tax filings, quarterly Texas Workforce Compensation vouchers, State and Local Retiree Insurance vouchers, State TRS and ORP vouchers, and Federal Employee Insurance payments.
- Maintains reconciliations of the Payroll Default account and processes Payroll Cost Transfers (PCTs) for all units across the university.
- Reviews and approves costing allocations for all university employees, providing technical assistance as needed.
- Prepares journal entries for fiscal year-end accruals and submits payments and filings monthly/quarterly/yearly for state tax withholdings.
- Reconciles W2 Error Report after every payroll run to identify discrepancies and take corrective action immediately.
- Processes calendar year-end W2 reports and submit the W2 file to the Social Security Administration on behalf of all university employees.
- Assists in the overall improvement of payroll operations, functions, processes and internal controls to achieve the strategic goals and objectives of the Financial Management Services unit.
- Performs other duties as assigned.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
