Senior Accountant

Senior Accountant

University of Colorado Denver | Anschutz – Office of Grants and Contracts – Department:
Financial Services.

Senior Accountant responsible for complex federal financial accounting, reconciliation, and accounts receivable functions, ensuring compliance with federal requirements and maintaining accurate financial records for the university’s sponsored project portfolio.

• Financial Accounting & Reconciliations (75%)
• Manage federal Letter of Credit (LOC) draws for projects funded by HHS (primarily NIH), the Department of Education, and the National Science Foundation.
• Process LOC invoicing through People Soft and validate draw amounts by reconciling federal system data with internal queries.
• Upload or enter draw data into federal systems to ensure timely deposits to OGC clearing accounts.
• Reconcile billable draws to cash balances in collaboration with Post Award Managers.
• Complete quarterly LOC reconciliations, ensuring alignment between federal authorizations and university records.
• Run exception queries for Fixed Rate contracts, analyze discrepancies, and correct accounting errors within the GL and AR modules in People Soft.
• Process returns for LOC projects through federal systems or manual payment processes, including required correspondence.
• Execute monthly and ad‑hoc financial aid draws for the Department of Education and coordinate with the Financial Aid Office on updates, reconciliations, and balance inquiries.
• Perform monthly reconciliations of OGC clearing projects, including undistributed receipts and items pending identification.
• Support fiscal year‑end activities, including reviewing clearing account balances, preparing reclass entries, and determining manual revenue recognition needs for federal financial aid projects.
• Assist with additional year‑end revenue entries as needed.
• Accounts Receivable (25%)
• Collaborate with the AR team to resolve issues identified through OGC clearing reconciliations.
• Review and approve journal entries submitted by OGC AR Specialists.
• Monitor clearing accounts for historical or unresolved items, ensuring timely return of unidentified payments.
• Serve as a backup to the AR team, researching and identifying incoming funds, logging payment details, and applying payments in People Soft.
• Review payment postings for accuracy and coordinate corrections based on clearing account findings.
• Respond to customer service inquiries from departments, campuses, and sponsors regarding payment activity.
• Preparing journal entries to transfer funds related to non‑sponsored projects or other campuses.

Hybrid (eligible for 2 days per week on campus and as needed for training and in‑person meetings).

• Professional development opportunities to grow your career.
• Build relationships with other departmental staff focused on understanding needs and improving processes.
• Partner with financial staff in developing key financial performance tools and share them with stakeholders.
• Inclusive culture and commitment to diversity.
• Opportunity to earn a master’s degree at a significantly reduced rate through the Employee Tuition Assistance Benefit program.

• Medical:
  Multiple plan options.
• Dental:
  Multiple plan options.
• Additional Insurance:
  Disability, Life, Vision.
• Retirement 401(a) Plan:
  Employer contributes 10% of your gross pay.
• Paid Time Off:
  Accruals over the year.
• Vacation Days: 22/year (maximum accrual 352 hours).
• Sick Days: 15/year (unlimited maximum accrual).
• Holiday Days: 10/year.
• Tuition Benefit:
  Employees have access to this benefit on all CU campuses.
• ECO Pass:
  Reduced rate RTD Bus and light rail service.

• Minimum Qualifications
• A bachelor's degree in business administration, business, finance, accounting, or a directly related field from an accredited institution. Substitution: A combination of education and related experience may be substituted for the bachelor's degree on a year‑for‑year basis.
• At least two (2) years of professional‑level accounting, billing, accounts receivable, or accounts payable experience.
• Preferred Qualifications
• Prior experience working in a Higher Education Institution or State of Colorado Agency.
• Experienc…