College Accountant

Job Type

Full-time

Description

Thomas College, located in beautiful Waterville, Maine, is defining what it means to be the College of the Future. With a strong commitment to innovation, career readiness, and community partnerships, Thomas College is consistently ranked by U.S.News & World Report as one of Maine’s top colleges forsocial mobility. Our distinctive Guaranteed Job Program™,accelerated undergraduate degrees, and flexible graduate programs empower students to advance faster in business, entrepreneurship,education, technology, applied STEM, and arts & science fields.

At Thomas, belonging isn’t a buzzword; it’s a promise. We create asupportive, welcoming environment where every student is seen,valued, and prepared to thrive in a rapidly changing world. Formore information visit Thomas.edu.

The College Accountant is accountable for the timely and accurate recording and reporting of the College’s financial transactions,including maintenance of the general ledger and support of integrated financial systems. The position owns the month-end close process, prepares journal entries, and completes monthly balance sheet and bank reconciliations. The College Accountant also supports grant accounting, budgeting, audit schedules, financial reporting, and special projects as assigned, working within ashared-services accounting office where several functions are covered collaboratively across the team.

• Responsible for the day-to‑day accounting operations of the College, including journal entry preparation, loan draws, and Federal and State tax reconciliation. Monitors account transactionactivity to ensure the accurate and appropriate recording ofrevenue and expenses.
• Performs general ledger account reconciliations and maintains thefixed asset system. Prepares monthly and annual reports on accounts as required, including the detailed schedules, worksheets, and analysis required for the annual audit, and assists with the preparation of timely and accurate financial statements.
• Supports grant accounting functions, reviewing expenditures forproper account and project codes and for adherence to grant proposals and budgets. Coordinates with grant project managers tosupport proper and timely expenditure of grant funds in compliance with budget guidelines, reconciles monthly grant activity against budget, and communicates results to project managers. Assists in preparing annual grant budgets and supports the Grant Oversight Committee with project budgets and administrative processes.
• Assists with the preparation of College reports as required,including Form 990, IPEDS, FISAP, DOE reporting, institutionalsurveys, and payroll reporting.
• Ensures that accounting procedures are in accordance with GAAP,FASB, and other applicable regulations, and assists in establishingpolicies and procedures that maintain compliance.
• Works with the AVP of Finance and Student Financial Services toensure proper budget allocations, reporting accuracy, and consistency between actual and budgeted financial statements.

Bachelor’s degree in accounting required, or a related field with aconcentration in accounting; three to five years of experience in accounting or a related field, with demonstrated general ledgerresponsibility; experience in higher education fund accounting,nonprofit accounting, or public accounting preferred; experience with enterprise resource planning and general ledger systems preferred; familiarity with Colleague or similar student information systems is a plus. Employment is contingent upon asatisfactory background check.

• Medical insurance, dental insurance, life insurance, disability insurance, 6% 403(b) matching plan, paid vacation, paid sick leave,thirteen paid holidays, on-site gym, meal discounts and free tuition for employees, spouse and dependent children.

Thomas College is an equal opportunity employer.

Thomas College's mission is to prepare students for success intheir personal and professional lives, and for leadership and service in their communities.

Salary Description

$65,000 to $70,000