Location: OaklandFull Time Job ID: 47192 Job Posting
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UC OFFICE OF THE PRESIDENT
At the University of California (UC), your contributions make a difference. A world leader producing Nobel and Pulitzer prize recipients with over 150 years of groundbreaking research transforming the world. Choose a career where you can leverage your knowledge, skills and aspirations to inspire and support some of the greatest minds in the world, and those who will follow in their footsteps. Working at the University of California is being part of a unique institution, and a vibrant and diverse community. At the University of California, Office of the President, we propel our mission through impactful work locally, in government centers and systemwide. We are passionate people, serving the greater good.
The University of California, one of the largest and most acclaimed institutions of higher learning in the world, is dedicated to excellence in teaching, research and public service. The University of California Office of the President is the headquarters to the 10 campuses, six academic medical centers and three national laboratories and enrolls premier students from California, the nation and the world. Learn more about the UC Office of the President
Benefit Plan Accounting is responsible for financial management and reporting functions in connection with the University of California Retirement System (UCRS), including the University of California Retirement Plan (UCRP), the University of California Retirement Savings Program (UCRSP); the Health and Welfare Program and the University of California Retiree Health Benefit Program. These functions include financial transactions, financial reporting and analysis, financial audit coordination and internal control assessment and monitoring.
The incumbent uses professional accounting concepts as a seasoned, experienced professional with a full understanding of accounting practices and organizational policies and procedures to resolve complex assignments where analysis of data requires a review of a variety of factors and multiple sources. Exercises judgment within defined accounting procedures and practices to determine appropriate action. Normally receives general instructions, with detailed instructions provided on complex new assignments and initiatives. Has contact with internal and external resources on a regular basis. Demonstrates good judgment in selecting methods and techniques for obtaining solutions.
Health and Welfare program duties include reviewing daily, weekly cash desk notifications for claims and vendor payments. Review the weekly and monthly claims recap. Review monthly calculations and recap for administrative services only (ASO) payments, premiums, bank fees. Review outgoing payments on a regular basis, ensure accuracy payment details and amounts. Monitor Automated Clearinghouse (ACH) deposits received from vendors, provide chart of account information for posting deposits correctly in the general ledger. Create or review monthly journal entries in Endowment & Investment Accounting (EIA) & Oracle ledgers, and ensure all financial transactions are booked according to Generally Accepted Accounting Principles. Available to answer questions from other departments or coordinating resolution of issues involving other departments or functions.
Responsible for reviewing and reconciling for accounts on two general ledgers (EIA & Oracle). Monthly and annual reconciliations, positing and auditing of monthly journal entries. After reconciliation, be able to analyze discrepancies and determine what action is to be taken. Reconciliation process continues until all errors or discrepancies have been identified and resolved. Once issues are identified, will have the foresight and knowledge to go about reconciling items.
Responsible for certain fiscal year end closing steps. Independently prepare worksheets and journals for year end close. Prepare accounting and statistical reports for auditors and management use at fiscal year-end. Follow up on auditors' requests and resolve discrepancies. Assist with other account reconciliations and functions as assigned. Other ad hoc projects as assigned.
Thorough knowledge of accounting functions and assignments.
Ability to independently gather, organize, and perform accounting related analysis to complete work assignments.
Proven ability to effectively present information verbally and in writing.
Thorough knowledge of financial transactions and systems, as well as related policy, accounting, and regulatory compliance requirements.
Thorough knowledge of common desktop / web applications.
Proficient in use of Microsoft Office.
Thorough knowledge of analytical procedures used in accounting projects of moderate to semi-complex scope.
Bachelor's degree in related area and a minimum of at least 3-5 years of related experience and / or equivalent experience / training
SALARY AND BENEFITS
Salary: $80,000 - $94,000 commensurate with experience.
Career Tracks Title: Gen Accountant 3, PSS Grade 21
Benefits: For information on the comprehensive benefits package offered by the University visit: Benefits of Belonging
This position may be eligible for a on site, hybrid, or remote within California work arrangement. The employee may be required to report to work onsite in Oakland, CA on a regular schedule.
HOW TO APPLY
Please be prepared to attach a cover letter and resume with your application.
APPLICATION REVIEW DATE
The first review date for this job is January 5, 2023. The position will be open until filled.
Smoke Free Work Environment: The University of California, Office of the President, is smoke & tobacco-free as of January 1, 2014. UC Smoke & Tobacco Free Policy
August 2021 Update: The University of California has issued a policy requiring employees to be fully vaccinated against COVID -19 before physically accessing the University location or programs. Upon hire into a UCOP position, you will be provided detailed instructions on how to comply with this policy including access to the COVID vaccination at no cost. New hires to UCOP who work onsite or will come onsite for any activities at a UCOP or other UC location must comply with this policy within 8 weeks after their start date. The policy allows for employees to request approval for an exception or deferral. UC COVID-19 Vaccine Policy
The University of California, Office of the President, is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age or protected veteran status. EEO/AA Employer UC Nondiscrimination Policy
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About University of California Office of the President
The Office of the President is the systemwide headquarters of the University of California, managing its fiscal and business operations and supporting the academic and research missions across its campuses, labs and medical centers.