Job Details

Property Accounting Analyst - General Accounting Office
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Position Number: 5979677
Location: Washington, DC
Position Type: Business - Accounting

Property Accounting Analyst - General Accounting Office

Georgetown University comprises two unique campuses in the nation's capital. With the Hilltop Campus located in the heart of the historic Georgetown neighborhood, and the Capitol Campus, just minutes from the U.S. Capitol and U.S. Supreme Court, Georgetown University offers rigorous academic programs, a global perspective, and unparalleled opportunities to engage with Washington, D.C. Our community is a close-knit group of remarkable individuals driven by intellectual inquiry, a commitment to social justice, and a shared dedication to making a difference in the world.

Requirements

The General Accounting Office (GAO) bears the responsibility to accurately report and timely provide meaningful financial information and advice to the University community to support management decision-making, and to demonstrate fiscal responsibility, accountability, and regulatory compliance to the University's various constituents, both internally and externally. The Office promotes the efficient use and stewardship of university resources and compliance with laws, regulations, and reporting requirements through technical financial and analytical skills, as well as expertise in accounting knowledge.

The Property Accounting Analyst contribution to GAO is through the support of the Financial Accounting Manager in carrying out various financial accounting responsibilities in the areas of Property Plant & Equipment (PP&E), Cash & Cash Equivalents, and other assigned balance sheet accounts reviews. The Analyst is responsible for accounting activities relating to the maintenance of a complete and accurate general ledger in accordance with accounting policies and procedures. Additional duties include, but are not limited to:

Property Plant & Equipment

Assist with the accounting process of the University's fixed assets in compliance with US GAAP, University, and other guidelines, identifying depreciable assets, tagging the assets, and recording them in the fixed assets subsidiary ledger (GMS Business Asset Platform) for calculation of monthly depreciation expense.
Assist in recording depreciation expenses and other fixed asset-related entry adjustments, reconciling fixed asset subsidiary ledgers to the GL monthly, ensuring all asset disposals are appropriately accounted for, preparing audit schedules, and resolving audit issues identified by external auditors.
Ensure the strict compliance with university and other guidelines, providing supporting schedules to the tax department as requested and conducting bi-annual, annual, and quarterly physical inventory counts of fixed assets.
Coordinate with the Sponsored Accounting Office inventorying sponsored equipment, conducting analyses related to fixed assets as requested by management and providing quarterly lists of equipment to property administrators in each area of the University for review and confirmation and/or revision of the records as appropriate.
Under the supervision of the Financial Accounting Manager, help ensure internal controls over fixed assets reporting by reviewing the GMS Business Asset Platform data to ensure accuracy.

Balance Sheet Reconciliation

Prepare monthly bank reconciliations and related certifications of assigned cash accounts, researching and resolving reconciling items in a timely manner while preparing journal entries in compliance with GAAP guidelines to ensure adherence to internal controls by authenticating journal entries and reconciliations with proper documentation and approvals.
Ensure that assigned cash accounts are reconciled monthly to support financial statements.
Manage the petty cash process which entails working with colleagues across the campus community to replenish/close accounts as well as drive the annual confirmation process.
Reconcile assigned prepaid expenses and deferred revenue accounts to support financial statements.

Audit & Special Projects

Manage the overall success of the team, maintaining flexibility in handling various tasks across the department.
Assist in the completion of the University's financial statements, including the preparation of adjusting entries, footnotes, and supporting schedules.
Work very closely with the Financial Accounting Manager to evaluate systems and procedures, suggesting changes to improve productivity and enhance systems and taking on additional duties and tasks that may be assigned.

Work Interactions

The Analyst reports directly to the Financial Accounting Manager. Additionally, the Analyst serves as a point of contact with university staff and external auditors in all matters related to university equipment.

Requirements and Qualifications

A bachelor's degree in accounting or finance is preferred
A minimum of 3-6 years in progressive experience in a financial accounting role that requires a general understanding of generally accepted accounting principles

Preferred Requirements

Strong writing skills and effective verbal communications skills
Strict compliance with confidentially
Attention to detail and excellent follow-up skills
Strong computer skills in MS Office, particularly Excel and Word
Knowledge of accounting standards related to not for profits and federal state and local laws and regulations

Work Mode Designation

This position has been designated as Hybrid 3 Days. Please note that work mode designations are regularly reviewed in order to meet the evolving needs of the University. Such review may necessitate a change to a position's mode of work designation. Complete details about Georgetown University's mode of work designations for staff and AAP positions can be found on the Department of Human Resources website: https://hr.georgetown.edu/mode-of-work-designation.

Pay Range:

The projected salary or hourly pay range for this position which represents the full range of anticipated compensation is:
$54,616.00 - $100,493.33

Compensation is determined by a number of factors including, but not limited to, the candidate's individual qualifications, experience, education, skills, and certifications, as well as the University's business needs and external factors.

Current Georgetown Employees:

If you currently work at Georgetown University, please exit this website and login to GMS (gms.georgetown.edu) using your Net ID and password. Then select the Career worklet on your GMS Home dashboard to view Jobs at Georgetown.

Submission Guidelines:

Please note that in order to be considered an applicant for any position at Georgetown University you must submit a resume for each position of interest for which you believe you are qualified. Documents are not kept on file for future positions.

Need Assistance:

If you are a qualified individual with a disability and need a reasonable accommodation for any part of the application and hiring process, please click here for more information, or contact the Office of Institutional Diversity, Equity, and Affirmative Action (IDEAA) at 202-687-4798 or ideaa@georgetown.edu.

Need some assistance with the application process? Please call 202-687-2500. For more information about the suite of benefits, professional development and community involvement opportunities that make up Georgetown's commitment to its employees, please visit the Georgetown Works website.

EEO Statement:

Georgetown University is an Equal Opportunity/Affirmative Action Employer fully dedicated to achieving a diverse faculty and staff. All qualified applicants are encouraged to apply and will receive consideration for employment without regard to race, color, religion, national origin, age, sex (including pregnancy, gender identity and expression, and sexual orientation), disability status, protected veteran status, or any other characteristic protected by law.

Benefits:

Georgetown University offers a comprehensive and competitive benefit package that includes medical, dental, vision, disability and life insurance, retirement savings, tuition assistance, work-life balance benefits, employee discounts and an array of voluntary insurance options. You can learn more about benefits and eligibility on the Department of Human Resources website.

To apply, visit https://georgetown.wd1.myworkdayjobs.com/en-US/Georgetown_Admin_Careers/job/2121-Wisconsin-Avenue/Property-Accounting-Analyst---General-Accounting-Office_JR20812