Title: Accountant (Deposit Reconciliation Accountant

Employee Classification: Financial Services Spec I

Hiring Range: $45,000- $59,864.00

Agency: Virginia State University

Location: Virginia State University

Division: Vice President of Finance and Administration

Academic Unit: Administrative Services

Department: Associate VP For Finance

Agency Website: www.vsu.edu

Job Summary/Basic Functions

Serve as the Deposit Reconciliation Accountant in General Accounting. Monitor, analyze, reconcile, and maintain an accurate accounting of some of the University’s accounting records for daily deposits, wire transfers and suspense/liability account transactions. Complete the monthly and fiscal year end reconciliations of suspense accounts (deposits pending distribution) and unearned/deferred revenue. Maintain the integrity and accuracy of the University’s cash receipt transactions through monitoring and reconciling the activity of transactions posted in the State bank accounts, analyzing and monitoring feeds from Student Banner and maintaining the balance between Student Banner and Banner Finance, and processing daily deposit certificates received from the Cash & Investments Office and on-line REDI VA. Analyze, monitor, record, and reconcile the University’s student related liabilities (Suspense Accounts/255470 and Deferred Revenue Accounts/24060XX). Reviews daily cash receipts information received from Ca

Minimum Qualifications

Considerable knowledge of generally accepted accounting principles as they apply to colleges and universities and to other governmental agencies.

Working knowledge of fiscal and accounting functions and operations.

Working experience performing reconciliations of transactions totaling in the millions, have the ability to perform detailed analysis of transactions, excellent attention to detail, and great problem solving skills.

Ability to work independently and solve problems within the scope of duties.

Strong analytical/problem solving, organizational, data entry, and customer service skills.

Ability to sort, prepare/batch, file, and maintain financial records, reports and spreadsheets; process financial transactions; follow policies and procedures; collect and enter financial data; and resolve keying errors.

Demonstrated ability to perform computations with reasonable speed and accuracy.

Demonstrated ability to communicate effectively (both oral and written) with others in giving and obtain

Additional Considerations:

Bachelor’s degree from an accredited college or university with major studies in accounting is preferred.

Demonstrated knowledge working with the Banner and Cardinal accounting systems is a plus.

Experience reconciling and recording deposit transactions is a plus.