General Accountant 1 - Benefit Plan Accounting (24 Month Contract)
University of California Office of the President
Location: Oakland, California
Internal Number: 4660257
General Accountant 1 - Benefit Plan Accounting (24 Month Contract)
Location: OaklandFull Time Job ID: 59968 Job Posting
For UCOP internal applicants, please login to the internal candidate gateway at:Jobs at UCOP
Position Base Oakland
Location UCOP - Franklin Building
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 (BPA) 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 Benefit Plan Accounting team, under the direction of the Associate Vice President - Systemwide Controller, offers a two-year entry level position interested in exploring a career in accounting and higher education. The University of California is renowned the world over for combining academic and research excellence with unparalleled student access. As part of the BPA team, the Accountant will use and apply accounting practices and standards in analyzing and reporting accounting data. The entry-level professional will learn to use concepts to resolve problems of limited scope and complexity; work on assignments that are initially routine in nature, requiring limited judgment and decision making. Employees at this level are expected to acquire the skills and knowledge to perform more advanced work following an agreed upon time in position, through defined training and development planning.
In collaboration with the Retirement Administration Service Center (RASC), coordinate and review retiree payment history for over payments.
Research, resolve, and respond to requests related to stop-payment/replacement checks, returned checks, historical payment information, bank-related inquiries.
Maintain accounting spreadsheets.
Ensure retirement system-generated general ledger files are accurate and available for processing in the general accounting system.
Research and resolve general ledger file validation errors.
Upload general ledger files and prepare/update entries in the general accounting system, as needed.
Conduct initial review of bank fees; research payment status.
Review daily bank direct deposit notices of change and returns of deposit.
Process requests from RASC Member Services in order to issue replacement checks.
Prepare check cancellation requests with the bank to remove from 'positive pay'.
Update the stale-dated check log for bank reconciliation.
Retrieve and save bank information, including the monthly bank account and client analysis statements for review or historical purposes.
Receive checks from RASC related to the UC retirement plan and UC health and welfare benefit accounts and process them for deposit at the bank.
Gather data and create monthly reports from the UC systems, maintain payment counts and other totals history.
Prepare ad hoc reports, as needed.
5% Under direct supervision, responsible for providing analytical support for simple to moderate accounting projects.
Basic accounting-related skills.
Ability to gather, organize, and perform basic accounting related analysis to complete work assignments.
Ability to effectively communicate verbally and in writing.
Basic knowledge of financial transactions and systems, as well as related policy, accounting, and regulatory compliance requirements.
Basic knowledge of common desktop / web applications.
Associate degree in related area and / or equivalent experience / training required
Travel Requirements 0%
This position is approved for a hybrid work arrangement. The selected hire is required to report to work in Oakland, CA on Tuesdays and Wednesdays each week.
The University of California, Office of the President, is required to provide a reasonable estimate of the compensation range for this role. This range takes into account the wide range of factors that are considered in making compensation decisions including but not limited to experience, skills, knowledge, abilities, education, licensure and certifications, and other business and organizational needs. It is not typical for an individual to be offered a salary at or near the top of the range for a position. Salary offers are determined based on final candidate qualifications and experience. The full salary range shows the growth potential for this position and the pay scale is the budgeted salary or hourly range that the University reasonably expects to pay for this position.
Benefits: For information on the comprehensive benefits package offered by the University visit: Benefits of Belonging
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 isOctober 16, 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
As a condition of employment, you will be required to comply with the University of California Policy on Vaccination Programs, as may be amended or revised from time to time. Federal, state, or local public health directives may impose additional requirements.
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.