Reconciliation Manager

at  Texas AM University Commerce

Job Title
Reconciliation Manager
Agency
Texas A&M University - Commerce
Department
Financial Services
Proposed Minimum Salary
Commensurate
Job Location
Commerce, Texas
Job Type
Staff
Job Description

SUMMARY:

The Reconciliation Manager performs advanced and complex financial accounting work in accordance with FASB and GASB standards, Generally Accepted Accounting Principles, State and Federal laws/regulations, and University policy. Prepares internal and external reports for University auxiliary units and affiliated organizations. Oversees clearing account , financial aid, and banking reconciliations.

MINIMUM REQUIREMENTS:

• Education: Bachelor’s Degree in Business or Accounting OR equivalent combination of education and experience.
• Experience / Knowledge / Skills: Five (5) years of related experience. Knowledge of accounting procedures and methods, and ability to apply them to difficult or complex transactions. Accuracy and attention to detail. Excellent oral and written communication skills. Proficiency with computer applications including spreadsheet, database and word-processing software (experience with MS Office applications).
• Ability to: Ability to analyze various situations and to recommend and implement solutions. Ability to compile, organize, interpret and communicate accounting data and results in a concise format. Ability to multi-task and work cooperatively with others.
• Licensing/Professional Certifications: None
• Physical Requirements: None
• Other Requirements: None

PREFERRED EDUCATION / SKILLS/ EXPERIENCE:

Masters and/or CPA preferred. QuickBooks experience preferred. FASB experience preferred.

• Oversees financial reconciliation process and provides accountability reports to AVP/VP.
• Responsible for accounting and reconciliation of the Texas A&M University-Commerce Foundation and Alumni Association accounts.
• Reconciles payroll clearing accounts
• Responsible for internal and external monthly, quarterly and annual reporting for the Texas A&M University-Commerce Foundation and Alumni Association, and filing 990 tax forms.
• Coordinates annual Foundation and Alumni Association financial audits.
• Prepares and posts journal entries and budget changes.
• Verifies accuracy of accounting data and entries.
• Balances and reconciles accounts; prepares and analyzes financial reports.
• Develops and maintains financial records.
• Compiles and analyzes data.
• Supervises and monitors processes related to the Financial Aid Accounting Assistant and the General Ledger Accounting Assistant
• Oversees the collaboration between the Financial Aid Accounting Assistant and Financial Aid personnel to resolve reconciling items in a timely manner
• Support and offer guidance to the General Ledger Accounting Assistant to ensure proficiency of monthly bank account reconciliations.