Accountant, Financial Reporting, Financial Analyst

Overview

HR Manager | Lewis & Clark Community College

Scope of Position

The purpose of this position is to prepare and examine financial activity and reports, ensuring that financial records are accurate and completed in a timely manner in accordance with generally accepted accounting procedures.

• Payroll and related processes: Receive data from Human Resources, perform calculations on adjustments to pay, process timesheets, payroll deduction data, verify and balance payroll input. Process and balance direct deposits, annuities, SURS report, FICA-Medicare deductions, check requests, and journal entries. Balance calendar year to date deduction payments, process W-2s and distribute. Prepare Federal Income Tax, State Income Tax and wage report for the Illinois Department of Employment Security quarterly.
• Accounts payable and vendor management: Review and process invoices for payment to vendors. Maintain vendor records and review for completeness and accuracy. Prepare and submit Internal Revenue Service Form 1099-Misc reporting at calendar year-end;
  Maintain compliance with changing regulations.
• Journal entries: Prepare and review monthly, correcting and adjusting journal entries.
• Monthly/financial closing: Balance subsidiary journals with the general ledger and verify balances of interfund accounts. Prepare and distribute various monthly reports to program managers, prepare reports for Board of Trustees’ approval, and assist auditors in their program reviews and annual institutional audits. Assist in Fixed Asset identification by maintaining a record/spreadsheet of potential taggable and capital items for management review and action.
  
  Monitor activity and prepare financial reports for interested parties on the Auxiliary Fund and the Strategic Plan.
• Budget: Review budgets, enter and verify data, confirm and approve budget adjustments as appropriate.
• Employee benefits: Assist with employee benefits, reconciliation and payment of invoices, account distribution and grant reports. Compare budgets with actual costs, analyzing and rectifying differences.
• Grants and general accounting: Maintain records, review encumbrances, prepare billings and analyze revenue and expenditures on assigned restricted programs and grants. Prepare manual internal reports for grants with various fiscal years that do not coincide with the college's fiscal year. Calculate and charge indirect costs. Prepare and submit financial reports, as necessary, to/for granting agencies. Work with grant managers on fiscal planning, external reporting, and administration of financial regulations;
  
  coordinate grant audits as needed.
• Financial reporting: Collect and prepare data to meet various reporting requirements of State, Federal and Local Government. Assist in financial responsibilities for related organizations, including cash receipts, disbursements, investment reconciliation, budgeting and board meeting attendance.
• Student services: Assist department team members in payment collection, billing and federal award administration as needed. Coordinate resolution of student issues; attend meetings on related topics. Prepare and submit Internal Revenue Service Form 1098-T Tuition Statement reporting at calendar year-end, maintaining compliance with changing regulations;
  Responding to student and parent inquiries regarding the statement requirements and contents while enforcing privacy laws.

• Bachelor’s Degree with a major in Accounting, Business, Finance or related field.
• Two years of related experience.
• Proficiency with 10-key Touch
• General business knowledge
• Technology skills, including experience with spreadsheets and word processing
• Analytical abilities

Team Members can expect to be paid a salary of $44,904 alongside an excellent benefits package. The salary is competitive and commensurate with qualifications and experience, while also considering internal equity.

Lewis & Clark Community College is an Equal Opportunity Employer and Affirmative Action Employer. In compliance with the Americans with Disabilities Act, LCCC will provide reasonable accommodations to…