The Accounting Coordinator is responsible for overseeing one or more accounting functions of an organization. This position is governed by Generally Accepted Accounting Principles (GAAP), state and federal laws, and institution policy.
Provides general supervision to a subordinate professional, para-professional, and administrative support staff engaged in accounting activities by assigning and prioritizing work assignments, providing instructions, reviewing work performed, and evaluating employee performance.
Monitors budgets and expenditures, provides approvals for transactions based on available budget and sponsoring agency restrictions, and monitors internal controls, procedures, and compliance issues for grants and/or contracts.
Analyzes, interprets, and disseminates information related to legal contracts received from various federal, state, local, and private agencies including period of performance, allowable cost items, payment terms, and other restrictions.
Establishes and maintains general ledgers on departmental operations, calculates and allocates funds for new and existing accounts or projects, develops forms and documents for special accounts, reviews posted entries to general ledgers and subsidiary accounts, balances accounts periodically, and closes books as needed.
Prepares spreadsheets and database files from automated information systems, monitors purchasing procedures of departmental personnel, determines account responsibility for payment of expenditures, instructs new employees on purchasing and travel procedures, and interacts with management to develop new accounting procedures.
Reviews, analyzes, and prepares reports designed to reflect aspects of the organization’s fiscal status and prepares special and periodic reports for use in planning by upper level management.
Compiles budgetary reports for fiscal managers, meets with departmental managers to discuss budgetary reports, and provides advice on budgetary guidelines or other financial reporting matters; analyzes and reviews compiled data of departmental accounts for accuracy of posted entries and advises departmental managers on organizational policies related to financial or budgetary reporting requirements.
Provides technical assistance to management, staff, and the general public by providing information on regulations and procedures governing accounting practices and programs that comply with governmental regulations.
Performs other duties as assigned.
KNOWLEDGE, ABILITIES, AND SKILLS:
Knowledge of Generally Accepted Accounting Principles (GAAP). Knowledge of manual and automated accounting systems. Knowledge of supervisory practices and techniques. Ability to supervise a subordinate professional, para-professional, and administrative support staff engaged in accounting activities. Ability to interpret and apply the provisions of laws, rules, and policies to accounting transactions. Ability to analyze financial information and prepare reports. Ability to provide guidance and technical assistance to management, staff, and the general public regarding accounting operations. Ability to monitor and evaluate the effectiveness of accounting systems and controls, identify problems, and devise corrective actions.
MINIMUM EDUCATION AND/OR EXPERIENCE:
The formal education equivalent of a bachelor’s degree in accounting; plus three years of experience in accounting, financial management, or a related area, including one year in a supervisory capacity.
Additional requirements determined by the institution for recruiting purposes require review and approval by the Arkansas Division of Higher Education.
OTHER JOB RELATED EDUCATION AND/OR EXPERIENCE MAY BE SUBSTITUTED FOR ALL OR PART OF THESE BASIC REQUIREMENTS, EXCEPT FOR CERTIFICATION OR LICENSURE REQUIREMENTS, UPON APPROVAL OF THE QUALIFICATIONS REVIEW COMMITTEE.
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