Compensation$49,000.00Compensation TypeExemptEmployment TypeRegularScheduled Weekly Hours40GradeE11DepartmentAccountingPosition SummaryUnder the general direction of the Comptroller and Budget Director, this position is responsible for managing financial activities within the institution, ensuring compliance with accounting principles, regulations, and institutional policies. This role involves budgeting, financial reporting, audit preparation, and providing support to various departments within the college. Responsibilities include: ensuring accurate and timely financial reporting, maintaining the general ledger, bank reconciliations and supporting month-end and year-end closing processes.Duties & ResponsibilitiesESSENTIAL JOB FUNCTIONS
- Oversees daily processing and accounting for revenue and expenditures for the college; reviews and reports financial transactions to funding sources; ensures accuracy, completeness, and compliance with LCC, local, state, and federal requirements, and standard accounting and audit procedures.
- Assist in the analysis and review of budgets and expenditures for local, state, federal, and private funding, ensuring compliance with fiscal accountability and reporting and funding requirements.
- Monitoring and approving revenue and expenses for departmental accounts, ensuring compliance with funding and reporting requirements, and expenditure control.
- Perform monthly bank reconciliations to ensure that records match bank statements. Resolve discrepancies in a timely manner. Maintain accurate records of all reconciliations, adjustments, and communications.
- Reviewing and reconciling general ledger accounts, resolving discrepancies, and ensuring adherence to higher education accountant standards.
- Monitors and reviews accounting and related system reports for accuracy and completeness; prepares and reviews budget, revenue, expense, and payroll entries, invoices, and other accounting transactions.
- Assist in the management of accounts payable and receivable functions, ensuring timely processing and reconciliation.
- Assist with month-end and year-end closing processes, including the preparation of financial statements.
- Prepare journal entries, ensuring accuracy and compliance with accounting standards.
- Prepare schedules and documentation for external and internal audits. Assist with responding to inquiries from auditors.
- Use of the College's modern enterprise resource system, Workday, for processing financial transactions; tracking payables and receivables; budgets; and system reporting.
- May manage staff to include recruiting, selecting, training new employees, as well as providing opportunities for staff growth.
- Performs other related duties as assigned.
Education And Experience
- Bachelor's Degree in Accounting or related bachelor's degree with 15 credit hours of Accounting coursework
- 3 years of directly related professional experience is required.
- MBA or other related Master's Degree, with aforementioned accounting coursework, is preferred.
- Experience working in a higher education setting is preferred.
As a part of your application, upload letter of interest, current resume, and official documentation confirming education.EEO STATEMENT: LCC is an equal opportunity employer.