Staff Accountant

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

Full Time Technical Erikson Main Campus, Chicago, IL, US

2 days ago Requisition

Salary Range: $75,000.00 To $80,000.00 Annually

POSITION SUMMARY:

The Staff Accountant is responsible for general accounting functions related to accounts receivable, student activities, reconciliations, and related functions are performed in an accurate, timely, and compliant manner. This position works collaboratively with finance, student bursar and financial aid staff.

This position will be responsible for overseeing day-to-day cash flow management, banking transactions and management of contract and service revenue. The Staff Accountant will develop and provide financial data analysis and performance reports to aid in the management and decision making of the organization.

PRINCIPAL DUTIES:

• Manage the daily cash flow needs of the organization by reviewing banking and cash flow reports and processing any required bank transfers.
• Responsible for billing, recording and managing collections of contract and other services revenue.
• Review and reconcile pledge and donor activity generated by Development department to ensure properly recorded.
• Utilizing financial modeling and database management provide departments with financial analysis and performance metrics.
• Interpret accounting data, prepare reconciliations, analyze reports, and recommend action to be taken.
• Responsible for design and implementation of business process improvement initiatives.
• Assist in the monthly closing of the financial records and monthly reconciliation of accounts.
• Assist with the annual audit schedules.
• Provides back-up for other functions in the Finance Department.
• Perform special projects and other duties as assigned.
• Manage the processing of student charges and payments, ensure financial aid is properly recorded in student accounts, issue student billing statements, analyze current student balances and complete annual 1098-T reporting.
• Analyze the Account Aging Report and implement collection efforts in accordance with Erikson’s collection policies.
• Process and reconcile Department of Education Title IV loan funds.
• Provide direct support to students regarding student account concerns and ensuring satisfactory resolution.
• Manage interface with student enrollment, financial aid and accounting system, including reconciling data and creating required journal entries.
• The Staff Accountant will adhere to all compliances with Erikson, Federal and State regulations, including Title IV aid and refunds, IRS 1098-T filings, the Fair Debt Collection Practices Act and the FERPA rules and regulations.

COMPETENCIES:

• Excellent organizational, communication and customer service skills.
• Demonstrated advanced competencies in MS Office Suite (Word, Excel, PowerPoint, and Outlook).
• Experience with nonprofit accounting software systems, Financial Edge, Sage Intacct preferred.
• Strong analytical and problem solving skills.

PREFERRED HUMAN RELATIONS SKILLS

This position requires the use of outstanding interpersonal and team communication skills. Expected to foster and maintain internal and external relationships (i.e. department staff, students and banking contacts).

QUALIFICATIONS

• Bachelor’s degree in accounting or business required, masters or CPA preferred.
• 5+ years’ experience in accounting and accounts receivable. Experience with higher educational or non-profit organization desirable.
• Strong knowledge of accounting and GAAP including an understanding of the accounting process from data entry to financial statements.
• The ability to multi-task, provide effective follow-up with internal staff and external…