Accountant I

The University of Chicago
Chicago, IL Full Time
POSTED ON 2/24/2022 CLOSED ON 4/23/2022

What are the responsibilities and job description for the Accountant I position at The University of Chicago?

Department

F&A FIN - Financial Reporting, Banking Services, and General Accounting


About the Department

Accounting Services is a function of Financial Services, which provides critical accounting and finance support to the University. Faculty, staff and the various contracting parties of the University are considered customers of Accounting Services. Under that concept, Accounting Services seeks to provide the highest level of customer service.


Job Summary

Provides general accounting support to units across campus and supports central accounting functions. Under direct supervision, performs a variety of reconciliation and routine operating account activities which require basic knowledge of accounting theories and principles.

Responsibilities

  • Performs data entry and balancing of cash receipts records for bank reconciliation purposes, as well as cashiering system to FAS interface purposes.
  • Processes monthly banking transfers in the Financial Accounting System (FAS).
  • Processes new petty cash requests, maintenance, and closures, including initiating and monitoring the status of the annual petty cash certification process.
  • Performs various account reconciliations, including petty cash and unclaimed property accounts.
  • Performs follow-up with units and external parties to resolve open unclaimed property balances and unclaimed electronic payment receipts.
  • Creates and distributes unclaimed property notification memos to campus.
  • Performs periodic maintenance on FAS accounts, as requested by campus.
  • Manages offsite storage requests for Financial Services.
  • Retrieves, organizes and inventories K1s relating to the University’s investments.
  • Logs and inventories 1099 forms received by the University.
  • Assists with printing and mailing the University’s tax returns.
  • Performs a variety of routine operating or cost accounting activities which require basic knowledge of accounting theories and principles.
  • Examines accounting records for the purpose of determining gains and losses, receipts and disbursements, and inventory.
  • Performs other related work as needed.


Minimum Qualifications

Education:

Minimum requirements include a college or university degree in related field.

-
Work Experience:

Minimum requirements include knowledge and skills developed through < 2 years of work experience in a related job discipline.

-
Certifications:

-

Preferred Qualifications

Education:

  • Bachelor's degree in accounting, finance, or related field.

Experience:

  • One to two years office experience.

Preferred Competencies

  • Communicate accounting and financial information clearly and concisely.
  • Excellent oral and written communication skills.
  • Attention to detail.
  • Analytical and problem solving skills.

Application Documents

  • Resume/CV (required)
  • Cover Letter (preferred)
  • References Contact Information (3)(preferred)


When applying, the document(s) MUST be uploaded via the My Experience page, in the section titled Application Documents of the application.


Job Family

Financial Management


Role Impact

Individual Contributor


FLSA Status

Exempt


Pay Frequency

Monthly


Scheduled Weekly Hours

37.5


Benefits Eligible

Yes


Requires Compliance with University Covid-19 Vaccination Requirement

Yes


Drug Test Required

No


Health Screen Required

No


Motor Vehicle Record Inquiry Required

No


Posting Statement

Employees must comply with the University’s COVID-19 vaccination requirements. More information about the requirements can be found on the University of Chicago Vaccination GoForward .

The University of Chicago is an Affirmative Action/ Equal Opportunity/Disabled/Veterans Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national or ethnic origin, age, status as an individual with a disability, protected veteran status, genetic information, or other protected classes under the law. For additional information please see the University's Notice of Nondiscrimination.

Staff Job seekers in need of a reasonable accommodation to complete the application process should call 773-702-5800 or submit a request via Applicant Inquiry Form.

We seek a diverse pool of applicants who wish to join an academic community that places the highest value on rigorous inquiry and encourages a diversity of perspectives, experiences, groups of individuals, and ideas to inform and stimulate intellectual challenge, engagement, and exchange.

All offers of employment are contingent upon a background check that includes a review of conviction history. A conviction does not automatically preclude University employment. Rather, the University considers conviction information on a case-by-case basis and assesses the nature of the offense, the circumstances surrounding it, the proximity in time of the conviction, and its relevance to the position.

The University of Chicago's Annual Security & Fire Safety Report (Report) provides information about University offices and programs that provide safety support, crime and fire statistics, emergency response and communications plans, and other policies and information. The Report can be accessed online at: http://securityreport.uchicago.edu . Paper copies of the Report are available, upon request, from the University of Chicago Police Department, 850 E. 61st Street, Chicago, IL 60637.

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