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JOB DESCRIPTION AND POSITION REQUIREMENTS:

Accountant 3 - Office of the Bursar

Finance and Business is a values driven organization that supports thousands of university faculty, staff, and students, while also providing services to the broader community and society. The Office of Budget & Finance is part of the Finance and Business team and has a vision to recruit, develop and retain outstanding people who efficiently provide exceptional service in support of Penn State’s teaching, research and public service missions. Our values model those of Penn State's and we firmly believe in the value of Respect, which encourages us to "respect and honor the dignity of each person, embrace civil discourse, and foster a diverse and inclusive community." As an incoming team member in the Office of Budget and Finance, it will be expected that all employees embody and model Penn State's and Finance and Business's commitment to diversity, equity, and inclusion.

The unit of Endowment Accounting within the Office of the Bursar is seeking a motivated individual to fill the position of Accountant 3.

The responsibilities for the Accountant include, but are not limited to the following:

• Create endowment budgets, monitor and analyze endowment accounting records.
• Review and approve financial documents for accuracy, completeness, and conformity with endowment guidelines.
• Submit journal entries related to endowments.
• Assist colleges/campuses with existing endowments and review in conformance with state and federal regulations, as well as University policies.
• Ensure endowment criteria established by the donor are followed throughout the scholarship awarding process.
• Create/update endowment/annual gift profiles, including reporting, reconciliation, and accounting within the endowment information system.
• Coordinate the depositing and recording of royalty and outside trust checks.
• Perform pending gifts reconciliations.
• Assist with budget transfer processes due to guideline revisions and cost center change requests.

The successful candidate for this position must possess the followin