General Ledger Accountant
University of Tennessee Athletic Marketing Department
This position serves as the General Ledger Accountant in the Office of Budget & Finance. The General Ledger Accountant will serve as the campus central point of contact for managing and oversight of labor distribution suspense accounts to ensure data integrity and accurate financial reporting. The GL Accountant works in collaboration with various university stakeholders to resolve discrepancies with the labor distribution suspense account and implement corrective actions. Provides direction, guidance and support in making corrections to labor distribution schedules to ensure compliance with university fiscal policy, internal controls, and best practices. Develops, maintains and delivers training on the labor distribution payroll process. The position analyzes and reviews current processes to recommend process improvements and enhancements. This position will complete Cost transfers, Third Party Billing, and Account reconciliations. The position will also cross train with the Sponsored Projects Accounts to provide back up on internal and sponsored projects transactions.
Minimum Qualifications:
Bachelor's degree in accounting, finance or directly related field and two years of work experience in accounting, finance or directly related field are required.
Excellent written and oral communication skills include the ability to create and deliver quality training and the ability to explain corrective actions to a diverse audience.
Ability to provide excellent customer service, over the phone and in person answering standard questions regarding status of requests, policies, and procedures for processing transactions, &/or instructions for completing paperwork.
Functional knowledge of Microsoft Office Suite
Strong background in general ledger accounting, reconciliations, and clearing suspense accounts.
Preferred Qualifications:
Knowledge of university and campus policies and procedures.
Two to three years’ work experience in AR general ledger accounting is highly desirable.
Proficient knowledge of Microsoft Office Suite.
Application Process: Applicants must apply online and submit a cover letter and resume
Application Deadline: Applicant review will begin immediately and continue until a candidate has been identified
Minimum hiring rate $60,000.00 (Market Range 10) - Salary is commensurate with education and experience.
Manages labor distribution of suspense accounts to ensure data integrity and accurate financial reporting.
Maintains, reviews, and reconciles general ledger accounts, specifically related to payroll suspense.
Collaborate with departments and Human Resources to resolve discrepancies with payroll postings, implement corrective actions, and ensure all payroll-related entries are recorded accurately in the general ledger in a timely manner.
Provides direction, guidance and support to departments and units in making corrections to labor distribution schedules in compliance with university fiscal policy, internal controls, and best practices.
Develops, maintains, and delivers training on the labor distribution payroll process as needed in departments.
Analyzes and reviews current labor distribution processes to recommend process improvements and enhancements.
Adheres to payroll deadlines.
Assist with training, creating, and entering Cost Transfers for Sponsored Projects.
Assist Departments with account reconciliations, and training as needed.
Reconcile Tuition and Fee accounts actual to budget plan. Coordinated review of the actual revenue posting to the budget plan and the Institutional Research enrollment reports.
Reconcile and bill the third-party contracts for the Bookstore and Dining Services.
Reconcile and manage the financial reporting to the sorority lodges (debt service, maintenance, and lodge gift account).
Reconcile year end entries and verify balances for assigned accounts, for example TVA, Faculty Tuition repayment plans, debt service, and state appropriations.