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University of Maryland Global Campus · 1 month ago

Accounting Analyst I

(North America) Adelphi, MD

Full-time

Onsite

Entry Level

$46K/yr - $46K/yr

2+ years exp

The University of Maryland Global Campus (UMGC) is seeking an entry level Accounting Analyst within the Third-Party Military unit in the Office of Student Accounts. The role involves performing complex clerical activities essential to Third Party accounting, ensuring proper posting of tuition assistance, billing, invoicing, and collections of accounts receivables while adhering to departmental standards and compliance with policies.

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Responsibilities

Administers and maintains assigned third-party payer accounts to verify accuracy of transactions and uniform application of policies, procedures, and acceptable standards

Receives, analyzes, and prepares various internal/external reconciliations, exhibits and summaries along with any assigned databases utilized for financial reporting

Provide world-class customer service via the telephone, emails and ticketing system to students, agencies, and internal staff; responding to all internal and external inquiries within one business day; and troubleshooting issues accurately and appropriately

Ensures that transactions are in accordance with applicable authority, policies, procedures, and are recorded consistent with acceptable accounting standards

Reviews and processes routine financial documents such as invoices, vouchers, receipts, and reports, ensuring accuracy of mathematical computations and completeness

Maintains manual and automated record keeping systems by tracking, verifying, and updating records, files, and reports. Inputs, monitors, and corrects data in automated systems; generates reports

Perform complex clerical activities essential to Third Party accounting such as ensuring proper posting of tuition assistance for military, private, and USM agencies, billing, invoicing, collections of all related third-party accounts receivables, refunding payments as necessary and filing tuition assistance forms and invoices

Process and reconcile third party transactions within one business day while ensuring that processes are in accordance with UMGC, State and Federal policies and procedures and are recorded and consistent with acceptable accounting standards while adhering to departmental standards for quality assurance

Provides general research and overview of various procedures and programs for billing, receipt, and collection

Other job-related duties as assigned

Qualification

Accounting principlesFinancial reportingMicrosoft OfficePeopleSoft financial systemCustomer serviceAnalytical skillsOrganizational skillsCommunication skillsTeamwork

Required

Bachelor's Degree from an accredited institution of higher learning in Business Management, Finance, Accounting, Information Systems, or related field

Two (2) years of related experience

Knowledge of best practices, principles, theories, techniques, and methodology in the field as well as all relevant federal, state, and local rules, regulations, and programs/policies for meeting compliance

Ability to participate in the development of policies and procedures for the unit

Ability to clearly communicate results of work both orally and in writing to clients and management

Ability to cooperate and work with others in order to strengthen and cultivate relationships

Ability to carry out multiple assignments and plan accordingly in order to meet scheduled deadlines

Ability to effectively implement analytical and organizational skills in order to carry out and follow through with complex assignments for which no clear precedents exist

Skill in acting as a liaison with key external agencies, campuses, or other high-level contacts

Skill in using Microsoft Office software and PeopleSoft financial system for advanced analysis and useful reporting

Benefits

Generous Time Off: Enjoy 22 days of paid vacation, 15 days of sick leave, 3 personal days, and 15 paid holidays (16 during general election years). For part-time employees, time off rates will be prorated based on the number of hours worked.

Comprehensive Health Coverage: Access to health care, medical with vision, dental, and prescription plans for both individuals and families, effective from the 1st of the month following your hire date.

Insurance Options: Term Life Insurance, Accidental Death and Dismemberment Insurance, and Long-Term Disability (LTD) Insurance. Part-time employees working less than 0.5 FTE are not eligible for LTD.

Flexible Spending Accounts: Available for medical and dependent care expenses.

Retirement Plans: Choose between the Optional Retirement Program (ORP) or the Maryland State Retirement and Pension System (MSRPS).

Supplemental Retirement Plans: include 401(k), 403(b), 457(b), and various Roth options. The university does not provide matching funds.

Tuition Remission: Immediate availability for Regular Exempt Staff. Spouses and dependent children are eligible for undergraduate tuition remission after two years of service. NOTE: For part-time employees (at least 50 percent of the time), tuition remission benefits are prorated.