Senior Accountant/ Accountant II

Note for Current UM Employees

Current employees must apply internally via ConnectU > connectu.olemiss.edu

The University of Mississippi

"The University of Mississippi — fondly referred to as Ole Miss — stands as a premier public research institution with a proud legacy of academic distinction. We are devoted to nurturing a vibrant, inclusive community where every member — student, faculty, and staff — can achieve their fullest potential.”

Department Summary

Our division within the Office of Accounting mainly focuses on Grant and Sponsored Program Accounting. The similar priorities across all positions enable our team to work independently while fostering close collaboration within the department. We are a friendly environment that offers assistance to one another and our external customers in our best efforts to complete our clearly defined goals.

Role Specifications

Below you will find classification and compensation information.  For additional details behind the University of Mississippi classification system please visit Human Resource Compensation Page

Family -  Finance

Sub-Family - Grant Accounting

Career Track / Level - P3

Grade - 9

Min Mid Max $62,442 $78,042 $93,642

Role Summary

With a focus on grants, performs complex accounting duties, prepares financial and statistical reports, delivers training to staff, develops and manages complex budgets, and develops and documents controls for accounting systems to ensure the accurate recording and reporting of financial transactions.

 

The job responsibilities are guided by the expectations of both internal and external customers. This often necessitates an understanding of the policies and procedures related to sponsored program administration. Daily tasks include reconciling expenses to approved budgets to ensure financial accuracy, assessing compliance with project terms and conditions, and completing and submitting necessary financial reports. Additionally, the role involves working with an enterprise resource planning system, such as SAP or Workday, and requires extensive use of Microsoft Excel. The position also provides support to other departments on campus regarding university processes and procedures, including advising on payroll activities, purchasing, and budget revisions.

Examples of Work Performed

• Reconciles large-scale grant and contract accounts and monitors complex grant budgets.

• Monitors fiscal compliance to internal and external requirements.

• Assists with post-award budget revisions.

• Prepares invoices, obtaining approval from project managers, and submits invoices to external partners.

• Reports financial performance related to grants and contracts as required.

• Provides assistance to university departments with internal processes related to grant and contract administration.

• Maintains knowledge of Federal, State, Local, and Institutional regulations required for research administration.

•  Assists with grant, contract, and year-end closing procedures.

• Plans and executes the development, organization, preparation and updating of complex financial statements, journals, accounts, ledgers and reports for various financial needs related to grants.

• Analyzes financial reports, data and records, identifies discrepancies, investigates and recommends solutions as needed.

• Monitors financial systems, develops and documents controls to ensure system reliability and data integrity.

• Monitors and manages complex work unit budgets, analyzing funding sources, operational needs, budget trends and financial commitments.

Essential Functions

These essential functions include, but are not limited to, the following.  Additional essential functions may be identified and included by the hiring department.

1. Reconciles large-scale grant and contract accounts and monitors complex grant budgets.
2. Plans and executes the development, organization, preparation and updating of complex financial statements, journals, accounts, ledgers and reports for various financial needs related to grants.
3. Analyzes financial reports, data and records, identifies discrepancies, investigates and recommends solutions as needed.
4. Monitors financial systems, develops and documents controls to ensure system reliability and data integrity.
5.  Monitors and manages complex work unit budgets, analyzing funding sources, operational needs, budget trends and financial commitments.

Minimum Education/Exper