Accountant, Accounting Manager, Financial Reporting

Schedule

M-F, 8.30a.m. – 4.30p.m, including occasional evening and weekend work and travel [based on seasonal business needs/position requirements]

Accounting Director

None

Chicago, IL, USA

IES Global is a not-for-profit study abroad and internship provider dedicated to transforming the lives of nearly 10,000 students annually through unparalleled study abroad experiences. From our headquarters in Chicago, we offer 400+ programs in 85 locations worldwide, partnering with 500 colleges and universities to create authentic educational experiences that exceed expectations.

IES Global comprises a collective of brands including IES Abroad, IES Internships, Customized & Faculty-Led Programs, and the Study Abroad Foundation (SAF). We champion meaningful academic and cultural education, integrate diverse perspectives, prioritize student health and safety, and strive to better the world through our Global Good Commitment.

For nearly 75 years, we have been a trusted leader in global education, committed to diversity, equity, inclusion, and anti-racism. We actively recruit underrepresented students and provide millions in scholarships each year, celebrating a diverse student body that reflects the vibrant cultures we engage with. Our commitment extends to our diverse team, fostering an inclusive, welcoming workplace where talents from various backgrounds collaborate and grow.

Join us at IES Abroad and become part of a community dedicated to creating global leaders and life-changing experiences.

Responsible for timely and accurate accounting for center/headquarter accounting and administrative accounting functions:
Managing bank relationships, wire transfers, maintaining financial related work sheets, filing state registrations, managing record keeping, and various related projects and duties.

1. Preparation of foreign Centers and Headquarters accounting in accordance with generally accepted accounting principles.

• Recording of monthly accounting transactions.
• Review and adjustment of general ledger coding of Center expenses and revenues in accordance with IES policy, and budget.
• Make necessary accruals of liabilities and assets.
• Reconcile balance sheet accounts, and perform analyses of income and expense.

2. Coordinate and work with appropriate Center staff to ensure agreement, understanding and correction of submitted monthly accounting activity.

• Train foreign and domestic staff in the preparation and recording of financial transactions. Much of the foreign staff are non-accountants. They need oversight of their financial work to insure accuracy and timeliness in recording transactions.

3. Prepare, conduct, and report on internal audits of Centers and Chicago.

4. Identify and make recommendations for improvements in internal controls.

5. Analyze financial results with prior period actual results and budgets. Assist managers with the preparation and revision of budget/forecasts.

6. Responds to inquiries from independent auditors:
Provide analyses and prepare reports and requested.

7. Assist Accounting Management in the management and reporting of the following:

• Prepare consolidated report of cash payments to foreign Centers.
• Maintain calendar for timely payments to Centers.
• Prepare a spreadsheet of foreign currency cash needs for Centers.
• Prepare and record electronic bank transfers to Centers.
• Maintain logs and records of wires.
• Respond to Center special requests for funds.
• Make electronic transfers to foreign centers and post in accounting software.
• Assist Controller and Accounting Director in daily monitoring of IES cash accounts.

• Record foreign currency trades conducted by VPF.
• Maintain schedule of payments for foreign currency purchases, and wire the funds on appropriate due dates.

8. Carry out special projects and roles in conjunction with Accounting Management:

• Assist Accounting Management with research projects.
• Work as administrator for IES corporate credit cards.
• Maintain additions, deletions, revisions of card holders.
• Investigate and resolve any cardholder issues.
• Prepare spreadsheets for…