Location: Worcester, MA Category: Staff and Administrators Posted On: Fri Jun 25 2021 Job Description:
The Staff Accountant will be responsible for managing specific portfolios including treasury/cash management analysis and reporting, related party transactions and reporting, reconciling various general ledger accounts, and grants and contracts post award accounting and compliance. This position plays an important role as a member of a team of staff accountants assisting in the preparation of financial statements, 990 tax return, and the annual audit. Equally important, this position plays a key role in the post-award compliance of grants and contracts to ensure compliance under the grant and Uniform Grant Guidance.
The primary responsibilities for this position include reconciling various general ledger accounts, recording financial transactions and activity associated with specific areas of responsibility, playing a key role in assisting management during year-end close and annual financial audits, analyzing and preparing financial reports, monitoring grant expenses and budgets, reviewing grant awards and contracts, performing sub-recipient monitoring in accordance with Uniform Grant Guidance, and ensuring compliance with federal and university policies and regulations.
Prepare various general ledger account reconciliations on a monthly, quarterly, or semester basis as required.
Prepare daily report of prior day banking transactions, prepare journal entries, and report balances to Controller.
Prepare monthly bank reconciliations for assigned bank accounts.
Prepare quarterly journal entries and financial reports for related entity.
Prepare annual form 990 for related entity.
On an annual basis, prepare assigned financial statement footnotes and assigned form 990 parts and schedules.
Review new grants and contracts paperwork for financial reporting requirements and accuracy of budget items. Assign grant number and enter new grant into ERP system (Banner).
Review grant expenditures to ensure compliance with grant agency requirements, Uniform Grant Guidance, and University policies and procedures.
Prepare grant financial reports and invoices for submission to grant agencies.
Monitor grant receivables to ensure timely payment from grant agencies and prepare report for federal drawdowns.
Perform sub-recipient monitoring in accordance with Uniform Grant Guidance.
Review grants on a monthly basis to ensure grants are not overspent.
Bachelor's degree in accounting or related field or an equivalent combination of education and experience required.
Ability to work independently with minimal supervision required.
Ability to manage tasks with various/multiple deadlines required.
Proficiency with Microsoft Excel required.
Knowledge of accounting standards and practices required.
Experience preparing journal entries and general ledger account reconciliations preferred.
Experience with automated accounting systems; Banner preferred.
Previous grant accounting experience preferred.
Knowledge of Uniform Grant Guidance a preferred.
Prior experience working with and contributing to a diverse workplace with the ability to interact effectively with a broad range of constituents on campus
This is a Full-time position with excellent benefits, which include employee and family tuition benefits, 4 weeks' vacation, generous retirement plan, free use of campus fitness center and many more.
Clark University currently requires all employees and students to be vaccinated against COVID-19 no later than July 15. Exemptions will be made for medical or disability reasons or religious beliefs, and could be made, at the sole discretion of the University, for other well-documented reasons.
Clark University embraces equal opportunity and affirmative action as core values: we believe that cultivating an environment that embraces and promotes diversity is fundamental to the success of our students, our employees and our community. This commitment applies to every aspect of education, services, and employment policies and practices at Clark. Our commitment to diversity informs our efforts in recruitment, hiring and retention. All positions at Clark share in the responsibility for building a community that values diversity and the uniqueness of others by exhibiting integrity and respect in interacting with all members of the Clark community to create an atmosphere of fairness and belonging. We strongly encourage members from historically underrepresented communities, inclusive of all women, to apply.
Founded in 1887, Clark University is a liberal arts-based research university committed toscholarship and inquiry that addresses social and human imperatives on a global basis. It is the place where Robert Goddard invented the modern rocket, where Sigmund Freud delivered his only lectures in the United States, and where current students stake their claim to the Clark motto, “Challenge Convention, Change Our World,” which is the rallying cry that inspires our community every day. Located in Worcester, Massachusetts, Clark University educates its undergraduate and graduate students to be imaginative and contributing citizens of the world, and to advance the frontiers of knowledge and understanding through rigorous scholarship and creative effort. The University’s engages students in such areas as biology, chemistry, economics, geography, psychology, urban education, management, environmental science and policy, Holocaust and genocide studies, and international development and social change. Clark University’s pioneering model of higher education, LEEP (Liberation Education and Effective Practice) compels undergraduate students to thrive in authentic world and workplace settings, and prepares them for lives and careers of consequence.