Accountant – Capital and Plant Funds

Accountant – Capital and Plant Funds

Requirements

• Bachelor’s degree in accounting or related field
• One (1) year of experience in finance, accounting or other closely related area
• Knowledge of Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB) guidelines
• Knowledge of business management principles and practices
• Knowledge of accounting for capital assets, cost estimating, and fiscal management principles and procedures
• Knowledge of college policies and procedures
• Customer service oriented and collaborative with internal and external parties
• Skill in oral and written communication
• Knowledge of auditing standards and procedures
• Ability to prepare financial reports
• Ability to foster a cooperative work environment
• Ability to plan, organize, implement, and administer complex recordkeeping systems and procedures
• Ability to handle multiple, complex tasks and meet deadlines in a fast paced sometimes stressful financial operation.

Responsibilities

• Reviews, records and reconciles all capital assets/projects including construction in progress, and all related financing of such assets.
• Maintains Capital Project Request online form and workflow approvals.
• Reviews and approves capital projects requests and provides necessary information to Project Management Office.
• Establishes and manages project activity in Workday, including related worktags and budgets.
• Monitors capital/project budgets and communicates variances and overages to management.
• Collaborates with Project Management Office and reviews purchase requisitions, change orders and invoices to ensure accurate accounting for projects and capital assets.
• Records depreciation of all capital assets.
• Reconciles capital assets subsidiary ledger to general ledger.
• Records, classifies and summarizes financial transactions in accordance with generally accepted accounting principles.
• Records and reconciles capital related bank or general ledger accounts on a monthly, quarterly, or annual basis.
• Records all activity related to bond issuances and the related debt service accounts, including principle and interest payments and amortization, according to bond documents.
• Identifies and resolves outstanding items on various reconciliations.
• Prepares and completes journal entries for various accounts.
• Develops reports for submittal to regulatory and funding agencies.
• Assists in the development of financial reports for the college governing board.
• Analyzes financial accounts and reports for presentation to independent auditors.
• Serves on assigned committees and panels as needed.
• Other duties as assigned.

Preferred Qualifications

• Experience in governmental or higher education finance and accounting.
• Experience with Workday ERP.
• Experience with construction or capital asset accounting.