POSITION DESCRIPTION
POSITION TITLE: Fiscal and Business Analyst
DEPARTMENT: Accounting SITE:
EPI SERVICES
SALARY SCHEDULE: A&P GRADE: A
BASIC FUNCTION:
Performs administrative and analytical work which
is directly related to the mission and fiscal well-being of the college,
requiring the application
of
discretion and judgment on matters of significance with respect to allocation
of fiscal resources and financial reporting and control. Reconciles,
investigates, and analyzes multiple bank accounts on a daily basis. Determines daily investment
of college funds. Develops
financial reports,
statements, and spreadsheets for use by management in determining current and
future financial position. Manages and monitors controls
and
process improvements and insures effective implementation of these
improvements.
RESPONSIBILITIES:
·
Reconciles,
audits, and balances college’s bank and investment accounts; resolves any
discrepancies.
·
Open new bank
accounts as required; coordinate signatories on bank accounts.
·
Audits and
verifies funds received via: ACH
(Automatic Clearing House), EFTs/wire transfers, check payments, credit card,
investments, donations, etc.
·
Prepares journal
entries; calculates allocations.
·
Analyzes
statements and prepares corresponding worksheets. Creates and maintains spreadsheets and/or
databases for supporting documentation, record-keeping, auditing and
verification purposes.
·
Research and
analyze fraudulent checks or insufficient funds payments received. May interact with government authorities,
college departments, and make recommendations for proceeding with collection
activity.
·
Determines cash
requirements and directs investments/liquidations of assets in order to meet
these requirements. Initiates the
request, verifies the transfer, and prepares the journal entries.
·
Monitors
investment accounts, reconciles investments, and directs transfers of
investments money to checking accounts as necessary.
·
Prepares
accounting schedules.
·
Assists in
preparation of annual state and college reports and financial statements.
·
Directs
preparation of annual Abandoned Property report.
·
Interprets
various accounting data, analyzes reports, and recommends and/or initiates actions
to be taken.
·
Works directly
with management on financial planning and cash flow projections at monthly,
quarterly, and yearly intervals.
·
Analyzes,
develops, and documents accounting procedures and controls related to assigned
tasks.
·
May supervise, instruct
and advise support staff on methods and procedures; however, supervision is not
mandatory for this classification.
·
Researches,
evaluates, recommends and helps implement ways and means to improve efficiency
of processes, including collection and payment of funds and handling of
exceptions and NSFs.
·
Provides
assistance and responds to customers with varied and non-routine questions or
problems. Researches and analyzes the
history of accounting transactions and may need to perform queries or generate
supporting documentation when assisting customers.
·
Use the colleges
Financial System to generate reports, enter journal entries, reconcile
accounts, perform analyses of accounting transactions, etc.
·
Participates in
testing of software upgrades, patch application, and pre-implementation
processes.
·
Works closely
with Information Systems to monitor system interfaces and functionalities
associated with the position.
·
Performs related
duties as required.
EDUCATIONAL REQUIREMENTS:
BS/BA in Accounting, Finance, or associated
business field, with preference given to upper level accounting coursework. The
bachelor’s degree is a minimum educational requirement for this position, and
cannot be waived.
EXPERIENCE REQUIREMENTS:
Three (3) years experience in the accounting or
auditing field. Experience in fund accounting is preferred. The college
requires a strong background in accounting for multiple entity activities.
KNOWLEDGE/ABILITIES/SKILL REQUIREMENTS:
Expert knowledge and professional application of
accounting principles, practices and techniques in accordance with industry
standards, current laws, and college policies. Knowledge of auditing practices.
Knowledge of computerized accounting practices and
procedures. Knowledge of and competency in Word and Excel
software. Ability to analyze and maintain complex computerized
accounting records. Ability to organize complex accounting
work. Ability to prepare accounting reports. Ability to work independently without close supervision. Ability to maintain good working relationships with banking
partners, staff, students, and the public. Oral and
written communications skills. Mathematical and
analytical skills. Computer and calculator skills.
Possession of a high degree of accuracy. Ability to perform under moderate levels of stress imposed by
frequent deadlines, peak workloads, or public/student contact.