Apply on Employer Site

Universities of Wisconsin · 23 hours ago

Accountant III

Madison, WI

Full-time

Hybrid

Mid, Senior Level

$79K/yr - $89K/yr

5+ years exp

The Universities of Wisconsin is seeking an Accountant III to assist in the financial management and budget control of the University’s financial resources. This role involves statewide reporting, financial analysis, and advising on policy-related issues while ensuring compliance with accounting standards and regulations.

Higher Education

No H1B

Responsibilities

Responsible for planning: operational improvements, responses to financial reporting changes, professional development of staff and cross‐training, and collaboration with other units to provide better services

Develops policies and procedures for accounting operations and transaction processing and reporting for compliance with special reporting requirements. Applies industry and professional standards, interprets University policy and procedure, federal or state laws, and other regulations, and recommends accounting policy

Designs new accounting policy and procedures required by system implementations, including internal controls

Develops and prepares financial reports and supporting schedules for institutions and management for distribution to the Board of Regents and other interested parties

Works with the Controller’s group made up of representatives from all institutions, in areas of financial analysis, compliance and other accounting related developments

Lead and execute the month-end and year-end closing process for UW and STAR

Develop, manage, monitor and reconcile the UW System's accounting records to those of the State Department of Administration on a monthly basis, as well as, at year-end and continually monitor for potential coding/interface problems and initiate entries to correct the problems identified

Maintain STAR for the UW by calculating and submitting allotment adjustments at the state level, as appropriate. This function sometimes requires dealing with DOA's Executive Budget Office and/or State Controller's Office

Performs complex accounting and auditing reconciliations, journal entries, schedules, and reports

Serves as subject matter expert to leadership and institutional stakeholders regarding accounting and financial operations, policies, and procedures

Develops and facilitates trainings and provides financial guidance to management and staff

Monitor and reconcile allotment authority from the UW System with the State Department of Administration (DOA) Chapter 20 records for a multitude of appropriations with many funding sources (i.e., GPR, SEG, PR-S, PR-F, PR, Annual, Continuing, Sum Sufficient). Identify and explain variances

Interpret, train, and consult institution personnel engaged in the maintenance of the institutional budget control function relative to budget programs, rules, funding restrictions, reconciling issues and analysis

Analyze and monitor institution and systemwide budgets throughout the fiscal year, advising institutions to maximize use of funding and minimize lapsing in accordance with legislative intent and Board of Regents policy

Analyze and interpret the operating budget to determine centrally held funding for institutional distribution. Serve as a liaison with the UWSA Budget Office to ascertain the overall annual budget plan and funding intent

Help develop UW System financial policies and procedures. Assist Institution and System personnel in interpreting and implementing federal, state and UW System financial policies and procedures

Coordinate and provide System Access to various software systems

Provide backup coverage for staff

Perform other special projects as assigned

Qualification

Generally Accepted Accounting PrinciplesFinancial ReportingBudget ControlCertified Public AccountantAdvanced ExcelInternal ControlsBusiness EthicsFinancial PlatformsHigher Education ExperienceInterpersonal Skills