"Accountant I"

This position will be primarily responsible for the management of the University’s fixed assets. This includes acquisition, capitalization, tracking, depreciation, disposal, and reconciliation. The position will also perform other general accounting tasks and serve as a backup for various functions within the Finance department. The Accountant I works under general direction and is governed by generally accepted accounting principles (GAAP), governmental accounting standards as issued by the Governmental Accounting Standards Board (GASB), federal, state, and local laws and regulations, as well as University of Arkansas System and UAFS policies. This position reports to the Director of Accounting Services.

Qualifications: Required Education and/or Work Experience: Minimum qualifications include the formal education equivalent of a bachelor’s degree in accounting or a related field. Preferred Education and/or Work Experience: One or more years of accounting or related experience, experience in a university setting, experience working with fixed assets or inventory, and experience in monthly closing or account reconciliation.

Essential Job Duties and Responsibilities:

• 40% Fixed Asset & Inventory Processing, Tracking, and Maintenance: Registers assets and assigns accounting, performs additions, adjustments, transfers and removals; Reviews and approves Workday activity related to assets (requisitions, supplier invoices, and procurement card transactions); Coordinates and supervises the annual physical inventory; Prints and distributes asset tags; Registers vehicles annually and maintains vehicle cost records with the state (monthly); Performs research to determine the correct way to record donations or other unusual asset transactions; Tracks projects (WIP); may attend project meetings, as needed.
• 40% Financial Close, Annual Reporting, and Audit: Records disposal of library withdrawals (monthly); Reconciles the asset operational balance against the general ledger (monthly); Reconciles WIP activity/completes capitalization task for Capital Projects (quarterly); Runs depreciation and provides necessary analysis of changes (quarterly); Reviews the plant funds monthly for correct worktags and initiates corrections as needed; Completes the Fixed Asset footnote for Financials; Assist with audit inquiries and schedules as needed and escorts auditor in locating various assets for the annual audit.
• 20% Departmental Support: Prepares D-Pay tickets for non-purchase order disbursements such as utilities; Submits journal entries for Registered Student Organization (RSO) funding; Will pull reports and serve as backup for the processing of payroll benefit supplier payments; Perform check runs, as a backup to Accounts Payable; Prepare and record journal entries as needed; Serve as a backup for other accounting processes as needed.

Knowledge, Skills, and Abilities: Knowledge of generally accepted accounting policies and procedures; Knowledge of general information technology concepts and various software; Ability to apply knowledge base comprehensively; Ability to compile information and prepare reports; Ability to provide technical assistance to system users; Excellent verbal and written communication skills; Manage information in a discreet and confidential manner; Promote & display ethical standards in all financial activities.

Salary Information: $42,840.