Accountant - Capital and Plant Funds

Compensation:

$43,306 - $54,142

Compensation Type:

Salary

Employment Type:

Regular

Scheduled Weekly Hours:

40

Grade:

E01

Department:

Accounting

Position Summary

The accountant for capital and plant funds assists in analyzing, reconciling, recording and preparing financial transactions and reports for various activity, including capital funding, projects and fixed assets. The accountant applies the principles of accounting and follows internal controls within all assigned areas.

This position may offer the opportunity for a hybrid work arrangement as determined by the Assistant Controller.

Duties & Responsibilities

• Reviews, records and reconciles all capital assets/projects including construction in progress, and all related financing of such assets.

• Maintains Capital Project Request online form and workflow approvals.

• Reviews and approves capital projects requests and provides necessary information to Project Management Office.

• Establishes and manages project activity in Workday, including related worktags and budgets.

• Monitors capital/project budgets and communicates variances and overages to management.

• Collaborates with Project Management Office and reviews purchase requisitions, change orders and invoices to ensure accurate accounting for projects and capital assets.

• Records depreciation of all capital assets.

• Reconciles capital assets subsidiary ledger to general ledger.

• Records, classifies and summarizes financial transactions in accordance with generally accepted accounting principles.

• Records and reconciles capital related bank or general ledger accounts on a monthly, quarterly, or annual basis.

• Records all activity related to bond issuances and the related debt service accounts, including principle and interest payments and amortization, according to bond documents.

• Identifies and resolves outstanding items on various reconciliations.

• Prepares and completes journal entries for various accounts.

• Develops reports for submittal to regulatory and funding agencies.

• Assists in the development of financial reports for the college governing board.

• Analyzes financial accounts and reports for presentation to independent auditors.

• Serves on assigned committees and panels as needed.

• Other duties as assigned.

Knowledge, Skills and Abilities 

• Knowledge of Generally Accepted Accounting Principles (GAAP) and Governmental

• Accounting Standards Board (GASB) guidelines

• Knowledge of business management principles and practices

• Knowledge of accounting for capital assets, cost estimating, and fiscal management principles and procedures

• Knowledge of college policies and procedures

• Customer service oriented and collaborative with internal and external parties

• Skill in oral and written communication

• Knowledge of auditing standards and procedures

• Ability to prepare financial reports

• Ability to foster a cooperative work environment

• Ability to plan, organize, implement, and administer complex recordkeeping systems and procedures

• Ability to handle multiple, complex tasks and meet deadlines in a fast paced sometimes stressful financial operation.

Minimum Qualifications:

• Bachelor’s degree in accounting or related field

• One (1) year of experience in finance, accounting or other closely related area.

• Additional experience in accounting may substitute for required education on a year for year basis.

Preferred Qualifications

• Experience in governmental or higher education finance and accounting.

• Experience with Workday ERP.

• Experience with construction or capital asset accounting

Physical Demands

The work environment characteristics described here are representative of those an

empl