Principal Accountant; Accountant), Gift and Grant Accounting

Department

OFFICE OF THE UNIVERSITY CONTR (UA-CTRO-IUBLA)

The Office of the University Controller (UCO) provides leadership and guidance for financial compliance, systems and services at Indiana University (IU). We strive to be a leader in higher education by embracing financial best practices, continuous improvement and by creating a culture of respect, integrity and collaboration. As an organization, we value knowledge and different perspectives from our people, and we are welcoming of people of different backgrounds.

While our department serves all 7 IUcampuses, we are physically located on the Bloomington Campus.

The Principal Accountant, Gift and Grant Accounting is responsible for verifying that financial statement transactions related togifts and grants are recorded in compliance with accountingguidelines, governmental regulations, and university policy. This position is the primary liaison between Indiana University (IU)
Foundation (for gift accounting) and Office of Research Administration (for grant accounting).

• Develops an understanding of financial transactions related togifts and grants to ensure proper accounting treatment underauthoritative guidance including GAAP and GASB.
• Serves as a point of contact for the annual year-end audit related to significant gift or grant transactions. Responsible for developing and maintaining process narratives and IU accounting standards related to gift and grant accounting.
• Coordinates with IU Foundation and Office of Research Administration to obtain supporting documentation related to significant transactions.
• Prepares and documents certain journal entries, core processes,and work papers related to gift and grant accounting during theyear-end audit.
• Works on projects related to improving processes, increasingcompliance and accuracy, and creating efficiencies.

• Applies Generally Accepted Accounting Principles (GAAP).
• Performs more complex accounting assignments requiring advanced professional experience, knowledge, and competency in accountingprinciple and practices to safeguard the organization's financial resources and ensure compliance with all relevant regulations,laws, and reporting requirements.
• Establishes and maintains accounting policies and controls,fiscal controls, and financial reports.
• Prepares, reviews, and provides interpretation of complex reports and analyses for manager and officers.
• Submits recommendations for improved operations.
• Oversees and assists with specialized accounting assignmentssuch as the preparation of monthly, quarterly, and annual financialactivity.
• Provides work leadership to lower-level accountingemployees.

Combinations of related education and experience may be considered. Education beyond the minimum required may be substituted for work experience. Work experience beyond the minimum required may be substituted for education.

Required

• Bachelor's degree Accounting, or related field.

Required

• 5 years relevant experience.

Preferred

• Certified Public Accountant (CPA) Indiana license or Indiana license eligible Upon Date of Hire.

Required

• Proficient written and verbal communication skills.
• Maintains a high degree of professionalism.
• Demonstrates time management and priority setting skills.
• Demonstrates a high commitment to quality.
• Possesses flexibility to work in a fast-paced, dynamic environment.
• Seeks to acquire knowledge in area of specialty.
• Highly thorough and dependable.
• Demonstrates a high level of accuracy, even under pressure.
• Possesses a high degree of initiative.
• Ability to influence internal and/or external constituents.
• Ability to drive multiple projects to successful completion.
• Analyt…