Description: The Senior Accountant will be responsible for the maintenance, reconciliation, and accurate accounting of the institute's capital assets inventory. Other duties will include account analysis and reconciliation of Student Loan Receivables and philanthropic gifts.. The position is responsible for the preparation of key general ledger account reconciliations, and monthly, quarterly, and annual close processes. The incumbent is expected to maintain accurate and timely accounting schedules in accordance with GAAP. This role will assist with annual audit schedules, and be responsible for the monitoring and oversight of several balance sheet areas. The position reports to the Accounting Manager and works closely with other members of the General Accounting staff, and with staff in Budget, Student Financial Services, Institutional Advancement and other areas.
We seek someone with a Bachelor's degree preferably in Accounting, Finance, Economics, Business Management or related field and a minimum of 3-5 years of relevant accounting and financial reporting experience including an understanding of accounting processes, general ledger maintenance and reconciliation, journal entries, and preparation of consolidated financial statements. The selected individual will demonstrate excellent oral and written communication skills, be detail-oriented, and possess the ability to multitask and prioritize work in a fast-paced environment. He/she will have highly developed analytical skills and the ability to work independently. The position also requires someone with strong aptitude for technology and proficiency with Microsoft Office. Experience with higher education and/or the non-profit industry and with Ellucian's Colleague ERP system are desired, but not required.
Monthly reconciliation of the Students' Federal Loans, and bank account activities to the General Ledger which includes the analysis of the daily and weekly reconciliations, and the appropriate resolutions of reconciling items and discrepancies.
On a daily basis, review cash inflows and outflows in the Federal Student Bank Loan accounts and process accurately the necessary journal entries to book daily activities on the account. It includes the retrieval of Loan Rosters; reconciliation of bank loan funds receipts to the rosters and interface with the Financial Aid Counselor and Bursar Operations Manager for missing information and variances.
Analyze monthly transactions in capital object codes to ensure accurate reporting. Prepare all necessary journal entries for fixed assets additions, deletions, and transfers. Prepare quarterly depreciation journal entries for fixed assets. Update fixed asset lead schedule on monthly activity.
Review, journal entry posting, and payment of utilities for various campus locations
Analysis of equipment leases and processing of lease payments.
Maintains and handles the accounting for Munson Williams Proctor Institute general ledger and student accounts. Prepare the wire for the Federal funds disbursements to MWPI for the fall and spring semesters, and prepare the necessary journal entry. Detailed analysis of activities on each student's accounts and prepare the necessary schedule to determine the appropriate invoice to process and clear the account balances.
Assist with requests and prepare informational reports to the Pratt Centers.
Reconciliation of the campus-wide bursar petty cash
Researches and prepares the necessary journal entries for all re-classes and chargebacks (copy center and campus printing).
Responsible for non-student accounts receivable activity
Monitors, tracks, and records all known ACH/Wire payments for all Centers, federal awards, and NYS grants & awards.
An expanded version of the job will be shared if you are selected for an interview.
SALARY is competitive and commensurate with experience and qualifications. The salary for this position is $75,000.
403B Retirement Program
Supplemental Retirement Account
Tuition Benefits for Employees and Dependents
Tuition Exchange Program
Flexible Spending Accounts - commuter, medical, dependent care
Basic life and AD&D insurance provided by Pratt
Medical, Dental, and Vision Care Coverage
Paid time off - vacation days, sick leave, and major holidays off
Additional Perks - free entry to select museums and cultural institutions, free use of campus recreation facilities, affordable
Qualifications: Education: Bachelor's Degree, prefer a bachelors degree in Accounting, Finance, Economics, Business or related field.
Experience: Minimum of 3-5 years experience preferably in higher education, general ledger accounting, bank reconciliations and some treasury function experience.
Skills: Working knowledge and experience in integrated accounting systems, PC software applications, Excel, Word. Strong communication skills, oral and written.
Equal Employment Opportunity Statement We are an equal opportunity employer and do not discriminate in hiring or employment on the basis of race, color, creed, religion or belief, national or ethnic origin, citizenship status, marital or domestic partnership status, sexual orientation, sex, gender identity or expression, age, disability, military or veteran status, or any other characteristic protected by federal, state, or local law.Pratt Institute recognizes and values the benefits of a diverse workforce.
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The mission of Pratt Institute is to educate artists and creative professionals to be responsible contributors to society. Pratt seeks to instill in all graduates aesthetic judgment, professional knowledge, collaborative skills, and technical expertise. With a firm grounding in the liberal arts and sciences, a Pratt education blends theory with creative application in preparing graduates to become leaders in their professions. Pratt enrolls a diverse group of highly talented and dedicated students, challenging them to achieve their full potential.