Financial Accountant

Albright College is seeking applications for Financial Accountant. The Financial Accountant is responsible for supporting a variety of college-wide projects involving business processes/projects and the related costs vs. benefits of those processes/projects, for ensuring financial integrity and controls over financial reporting, and for coordinating the financial information to support decision-making in a complex financial environment. Primary responsibilities include supervision of cashier and all cash activity, all restricted and grant accounting, assisting in the preparation of financial statements in accordance with Generally Accepted Accounting Principles (GAAP) for not-for-profit organizations, internal financial statements, management reports and analyses, and supporting the completion of the annual audit. The Financial Accountant also performs the recordkeeping or extracts data for recording of key financial accounting activities. Comprehension of current accounting regulation and proposed changes, as well as practical application of accounting theory to tasks such as transaction accounting, account analyses, and accounting projects is required. In addition, responsibilities include a shared core role in the management of the financial information systems, banking system interfaces, and other related computerized systems. The Financial Accountant must demonstrate a commitment to enhancing equity and inclusion within the team and across a culturally diverse campus while celebrating people of all statuses and identities. This commitment must shine through all job functions including but not limited to, campus wide projects and teamwork, explanation of financial reports, and daily interactions with colleagues and students.   Essential Job Functions Perform timely, accurate, complete month-end and year-end closes (prepare journal entries, perform reconciliations and analytical reviews for assigned balance sheet, revenue, and expense accounts) resulting in reliable financial data on which strategic organizational decisions are based. Analyze accounts within area of responsibility, provide support for variances month-to-month and actual-to-budget, and develop and/or update current and subsequent year projections of the ten-year model. Prepare monthly account reconciliations and journal entries, resolve general ledger to subledger (independent support) variances. Record, track, report, and file all grants timely, accurately, and completely ensuring all grant requirements are met. Reconcile restricted revenues and expenses while working closely with the development team to accurately record donor giving and spending. Assist in coordination and preparation of the College’s external consolidated audited financial statements in close partnership with the Associate Vice President & Controller and the Assistant Controller. The external financial statements and footnote disclosures require the application of specialized and complex generally accepted accounting principles governing not-for-profit organizations, such as ASU No. 2016-14 Presentation of Financial Statements for Not-for-Profit (Topic 958), ASU No. 2016-02 Leases (Topic 842), ASU-2014-09 Revenue from Contracts with Customers (Topic 606), and the AICPA Audit and Accounting Guide. Ensure compliance with internal controls over financial reporting and guidelines for accounting transactions and budget preparation. Perform a key role as administrator and user of the financial systems used to extract data from the general accounting and student financial information databases. Proactively recommend process improvements regarding monthly and year-end accounting processes and procedures as well as improvements to reporting and information systems needs of the Controller’s Office. Supervise cashier and the processing all cash transactions which includes daily posting of batches, processing and posting student account payments, verifying entries made by cashier, reconciling cash differences, and ensuring all cash is deposited timely. Serve as resource and mentor to Controller’s Office team; and provide cross coverage to other staff members as necessary. Participate in the development of policies and procedures. Assist the Controller and Accounting Manager by assuming leadership of a variety of special projects relating to the financial and other operations of the College. Perform other related duties as assigned.   Qualifications/Prerequisites: COMMUNICATION Excellent verbal and written communications skills. SKILLS Strong and proven managerial/supervisory skills required. Excellent analytic skills required. Possess knowledge of the rules and regulations related to the business and finance aspects of managing the College. Demonstrated strong administrative, management, interpersonal, and problem-solving skills. Strong computer literacy, specifically in Excel, GP Dynamics, Power Campus. Ability to work with a high degree of confidentiality. Demonstrated commitment to building an inclusive and equitable Albright community, as described in Albright College’s Inclusivity and Equity Statement. EMPLOYMENT EXPERIENCE 4 years’ experience in accounting, finance or business administration required. 2 years’ successful supervisory experience preferred. Previous experience in an academic setting, specifically in the controller’s office, helpful. EDUCATION Bachelor’s degree required with a minimum of 4-5 years’ experience.   Review of applications for this position will begin immediately and continue until the position is filled. Interested applicants should complete an application by clicking “Apply Now”. Cover letter, a minimum of two professional references and any other supporting application materials can be uploaded in one document along with the resume. Optional documents may be submitted can include: proof of education/certification, licenses, and letters of recommendation. Albright offers a competitive benefits package, which includes tuition remission.