Essential Functions: Reconcile accounts in accordance with pertinent policies and procedures. Ensure transactions are accurately recorded and classified according to standard accounting theory and principles. Analyze and review documents and reports to verify computations and ensure all transactions are properly supported.
Assist administrative staff throughout the University maintain accurate accounting records according to established policies and procedures. Work with administrators to determine proper course of action to prevent deficit spending. May supervise the work of accounting support and temporary professional staff.
Prepare adjusting entries and year-end closing activities for review. Project year-end revenues, expenditures and deficits based on information provided by department administrators and upper management. Prepare memos to clear deficits.
Prepare periodic reports outlining financial activities for contracting government agencies. Upon request, generate special reports used to project account revenues, expenditures and activities. Determine proper format and report presentation based on information to be provided and report purpose and agency guidelines; project account activity; prepare reports required for continued government appropriations.
Assist in preparation and maintenance of grant and general fund budgets. Forecast revenues and expenditures, adjust proposals and account distribution accordingly. Ensure compliance with University and agency policies and procedures regarding distribution and transfer of funds. Maintain contact with granting agencies to ensure proper use of funding.
Participate in computer system testing and development. Provide information on system requirements; create and run test data, note errors to be corrected; recommend changes as appropriate. Understand and evaluate interaction between new system enhancements and current computing capabilities.
Perform related work as assigned.
Qualifications: Graduation from accredited college or university with a degree in accounting or related field or equivalent combination of education and/or experience.
Reasonable knowledge of applied principles of accounting as used in public or governmental systems.
Analytical skills including report generation ability.
Ability to communicate effectively with others.
Reasonable knowledge of FMS, FRS, GBS and PPS.
Reasonable experience performing accounting functions on computerized systems.
Good organizational and problem solving skills.
Typically, incumbents have held entry level Accountant positions.
Founded in 1868, Wayne State University is a nationally recognized metropolitan research institution offering more than 400 academic programs through 13 schools and colleges to nearly 32,000 students. Wayne State?s main campus in Midtown Detroit comprises 100 buildings over nearly 200 acres; its five extension centers offer higher education to people throughout Southeast Michigan. Wayne State is dedicated to preparing students to excel by combining the academic excellence of a major research university with the practical experience of an institution that by its history, location and diversity represents a microcosm of the world we live in. Reflecting its location and the excellent international reputation of its graduate schools, particularly in the sciences, Wayne State boasts the most diverse student body among Michigan?s public universities. Its students represent 49 U.S. states and more than 60 countries.