Job Title: Finance Accountant, Level 4 (Provisional) - Business Operations
Job ID: 29155
Location: LaGuardia Community College
Full/Part Time: Full-Time
Regular/Temporary: Regular
GENERAL DUTIES
- Performs professional work in the field of accounting or auditing in a higher education setting, coordinates accounting activities, and may supervise employees engaged in accounting activities. Work may be performed utilizing computer and related technologies.
- There are five Assignment Levels for this position (1, 1-A, 2, 3, 4). All personnel perform related work. This specification describes typical assignments for this position; related duties may be assigned as needed.
ASSIGNMENT LEVEL 1:
- Under close supervision, performs entry-level professional work in the field of accounting, including assisting in the following:
- Maintaining general and special books of accounts.
- Posting accounting entries.
- Preparing trial balances, bank reconciliations, and similar.
- Establishing and maintaining codes for funds and reserves.
- Allocating costs and charges.
- Classifying revenues and expenditures.
ASSIGNMENT LEVEL 1-A:
- This assignment level is only for College Accountants who have five years of full-time service as a College Accountant and have not progressed to Levels 2, 3, or 4.
ASSIGNMENT LEVEL 2:
- Under supervision, performs professional work of average difficulty and responsibility in the field of accounting or auditing, including performing the following tasks:
- Maintaining general and special books of accounts.
- Posting entries, including adjustments, closings, and extension.
- Preparing trial balances, bank reconciliations, operating statements, and financial schedules.
- Establishing and maintaining codes for funds and reserves.
- Gathering data for use in preparing and analyzing various budgets and schedules.
- Maintaining records of costs and charges made against budgeted allocations.
- Classifying revenues and expenditures.
- Conducting financial and management audits, preparing preliminary draft reports..
ASSIGNMENT LEVEL 3:
- Under general supervision, coordinates and may supervise the daily activities of a major unit dealing with a specialized phase or phases of accounting, usually in conjunction with student financial aid, funds and grants, payroll, bursar functions, accounting to support financial analysis, budgeting, auditing of financial accounts and records, contract performance and compliance, and similar. May perform difficult independent work in these professional areas. Tasks may include:
- Participating in project planning sessions.
- Assisting in developing unit-wide plans, programs, and procedures for implementing and maintaining appropriate accounting controls.
- Conducting and analyzing accounting studies and surveys in order to identify and satisfy changing trends, conditions, and regulations.
- Analyzing and interpreting statements of financial condition, preparing appropriate summaries and reports.
- Planning and organizing individual audits, preparing and reviewing audit procedures, monitoring audit progress, and reviewing reports.
- Assisting in the design and implementation of computer systems and technology to meet new and changing needs.
ASSIGNMENT LEVEL 4:
- Under general supervision, coordinates and supervises the daily activities of a major unit dealing with a specialized phase or phases of accounting, usually in conjunction with student financial aid, funds and grants, payroll, bursar functions, accounting to support financial analysis, budgeting, auditing of financial accounts and records, contract performance and compliance, and similar. Also performs complex independent work in these professional areas. Tasks may include:
- Participating in project planning sessions.
- Assisting in developing unit-wide plans, programs, and procedures for implementing and maintaining appropriate accounting controls.
- Conducting and analyzing accounting studies and surveys in order to identify and satisfy changing trends, conditions, and regulations.
- Analyzing and interpreting statements of financial condition, indicating deviations, reviewing trends, and preparing data extrapolations for forecasting purposes.
- Implementing performance standards, assuring compliance.
- Assisting in developing and designing computer systems and technologies to meet new and changing needs.
- Overseeing unit participation in University-wide compliance and systems audits, instructing staff in audit techniques, developing audit capabilities, and maintaining communications with all involved parties.
CONTRACT TITLE
Finance Accountant
FLSA
Non-exempt
CAMPUS SPECIFIC INFORMATION
Founded in 1971 in Long Island City, Queens, LaGuardia Community College is one of seven community colleges of the City University of New York/CUNY. LaGuardia offers more than sixty associate degree and certificate programs, as well as dozens of workforce training, ESOL, GED, and pre-college programs. In 2023, LaGuardia served approximately 25,000 students. More than one-third of our degree-seeking students were born outside of the United States, coming to LaGuardia from 136 countries and speaking forty-three heritage languages. More than half are first-generation college students. Sixty-nine percent live in Queens; the rest live in Brooklyn and beyond. Approximately two-thirds of our degree students receive financial aid. Since forty-five percent of them identify as Hispanic, the US Department of Education has designated LaGuardia a Hispanic-Serving Institution. Please visit www.laguardia.edu to learn more.
Reporting to the Finance Manager, the Finance Accountant will monitor and maintain financial transactions for the College Association Non-Tax Levy Related Entity, to ensure that funds are managed in accordance with CUNY Guidelines, Governmental Accounting Standards Board (GASB) and that year end statements are in conformity with Generally Accepted Accounting principles (GAAP). Responsibilities include, but are not limited to, the following:
- Manages monthly financial statements, ad-hoc analyses, and reconciliations;
- Oversee audits in order to comply with University standards;
- Implement accounting controls in order to satisfy CUNY, City, State and Federal regulations;
- Develops and conducts college-wide training sessions as it pertains to Non-Tax Levy budget planning, procurement, and payment policies in collaboration with the departments of Purchasing and Accounts Payable;
- Liaise with departments to review budgets, and monitor spending trends on a quarterly basis;
- Coordinate with CUNY’s Central Office, and independent auditors to provide all necessary mid-year and year-end schedules;
- Prepare variance analyses to assist with management’s discussion and analysis.
MINIMUM QUALIFICATIONS
ASSIGNMENT LEVEL
ALL LEVELS: A baccalaureate degree from an accredited institution, including or supplemented by at least eighteen (18) college credits in accounting, and at least six (6) credits in data processing, computer science, banking, economics, statistics, or similar courses.
- Demonstrated English language proficiency, including the ability to speak, read, write, and understand English well enough to meet minimally acceptable performance standards set for job tasks.
- For work experience requirements (below), CUNY considers full-time work to be 35 hours per week. Part-time experience of at least 20 hours per week may be prorated and credited instead of, but not in addition to, full-time experience during the same period.
- Part-time experience of less than 20 hours per week will not be credited at all.
LEVEL 1: No additional work experience is required.
LEVEL 1-A: Five years full-time service as a College Accountant, if employee has not progressed to Levels 2, 3, or 4.
LEVEL 2: One year of full-time related experience in an appropriate field.
LEVEL 3: Two years total of full-time related experience in an appropriate field.
LEVEL 4: Three years total of full-time related experience in an appropriate field.
OTHER QUALIFICATIONS
PREFERRED QUALIFICATIONS
- The Finance Accountant should be experienced in the accounting system’s general ledger and submodules, to assist the Finance Manager in developing standardized processes for Non-Tax Levy accounting activities (e.g., credit card, aging payable and aging receivable analyses & reconciliations), develop key performance indicators and benchmarks, as well as problem solving and triage accounting related issues.
- Proficiency with Microsoft Office Suite preferred
COMPENSATION
New Hire Salary: $69,612*
Incumbent Salary: $78,658
*This amount reflects a 13% salary suppression in effect for the first 24 months of employment only.
BENEFITS
CUNY offers a comprehensive benefits package to employees and eligible dependents based on job title and classification. Employees are also offered pension and Tax-Deferred Savings Plans. Part-time employees must meet a weekly or semester work hour criteria to be eligible for health benefits. Health benefits are also extended to retirees who meet the eligibility criteria.
HOW TO APPLY
Visit www.cuny.edu, access the employment page, log in or create a new user account, and search for this vacancy using the Job ID or Title. Select "Apply Now" and provide the requested information.
Candidates should provide a resume and cover letter.
CLOSING DATE
Open until filled. Resume review will begin after November 4th 2024.
JOB SEARCH CATEGORY
CUNY Job Posting: Managerial/Professional
EQUAL EMPLOYMENT OPPORTUNITY
CUNY encourages people with disabilities, minorities, veterans and women to apply. At CUNY, Italian Americans are also included among our protected groups. Applicants and employees will not be discriminated against on the basis of any legally protected category, including sexual orientation or gender identity. EEO/AA/Vet/Disability Employer.
