University of Illinois Urbana-Champaign · 14 hours ago
Financial Accounting and Reporting Analyst (Hybrid/Remote)
Urbana, IL
Full-time
Hybrid
Entry, Mid Level
$55K/yr - $62K/yr
2+ years expThe University of Illinois Urbana-Champaign is a leading research institution seeking a Financial Accounting and Reporting Analyst. This role involves assisting in fund accounting within a public university setting, ensuring compliance with accounting guidelines, and providing oversight of university accounting processes.
Higher Education
No H1B
Responsibilities
Assist with accounting issues related to the management of gift funds to ensure compliance with the applicable rules and regulations. This includes (but is not limited to) reviewing and processing requests for new gift funds and working with departments to ensure compliance with donor intent restrictions and fund accounting guidelines. This helps ensure donor intent compliance and accurate financial reporting for the University of Illinois System
Document procedural information outlining the accounting theory and procedural steps necessary to complete various tasks related to gift funds and other essential operational accounting tasks. This is an important task to create essential documentation that contributes towards the documentation of institutional knowledge
Participate in the Year-End Fact Sheet process, which is an important part of the university's year-end close process to convert cash-basis accounting activities to an accrual basis. This important task helps to ensure the accuracy of the university's annual financial report
Contribute towards the review and completion of supporting schedules for the university's annual Unrelated Business Income Tax (UBIT) return to ensure compliance with the applicable guidelines outlined by the Internal Revenue Service (IRS) and university policy
Analyze various Banner transactions (such as invoice vouchers) to determine whether an accrual or deferral adjustment should be recorded to help ensure proper inclusion in the university's annual financial report
Help units in identifying financial accounting errors which need corrected (such as misclassified transactions on either the operating ledger or general ledger) and help teach Banner users how to correct these errors and how to avoid them in the future. This helps ensure more accurate financial statement reporting for the university
Compile data and supporting documentation to fulfill audit requests from external auditors, both in preparation for and during the annual external financial statement audit
Perform other duties as assigned which would be appropriate for a Financial Accounting and Reporting Analyst within UAS
Qualification
Required
Bachelor's degree with a major in Accountancy or a related field AND two (2) years of professional level accounting experience
Possession of current registration as a Certified Public Accountant (CPA), Certified Management Accountant, or a valid license to practice Public Accounting (LPA)
Master's degree in Accountancy or a related field
Proficient computer skills and advanced knowledge of applicable computer systems
Ability to produce accurate, detail-oriented work related to financial matters within a higher education setting
Ability to enforce various applicable policies and regulations while still providing superior customer service
Ability to use creativity in problem-solving and ability to exercise independent professional judgment and discretion
Ability to propose ideas that improve and/or maintain the effectiveness of daily financial operations
Strong verbal and written communications skills to effectively present information and respond to requests for guidance and/or clarification
Ability to address and resolve challenging accounting issues and strong interpersonal skills to establish and maintain effective working relationships
Ability to meet deadlines
Preferred
Certified Public Accountant (CPA)
Certified Internal Auditor (CIA)
Certified Management Accountant (CMA)
Benefits
Health
Dental
Vision
Life Insurance
Retirement Plan
Paid time Off
Tuition waivers for employees and dependents
Company
University of Illinois Urbana-Champaign
The University of Illinois Urbana-Champaign is dedicated to building upon its tradition of excellence in education, research, public engagement and economic development.
10001+ employees
Funding
Current Stage
Late StageLeadership Team
Robert Whitmore
Co-Founder | Evolution & Impact of Societies in Africa | *EISA*
Shelley Giordano
Co-Founder Academy for Home Equity in Financial Planning University of Illinois
Recent News
2024-05-10
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2023-10-25
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