Job Description
Qualifications
Bachelor’s degree in Accounting, Business, Economics or Finance and six years of related experience or an equivalent combination of education and experience
Demonstrated application of financial, accounting and economic concepts
Required Skill/Ability 1
Well-developed, strong analytical, accounting, financial management and problem-solving skills with the ability to clearly articulate complex analysis, propose and execute upon creative solutions, make independent decisions with prudent judgment and tact, prioritize multiple projects and perform under tight deadlines in a fast-paced environment
Required Skill/Ability 2
Demonstrated application of financial and accounting concepts
Required Skill/Ability 3
Strong verbal and written communication and interpersonal skills
Demonstrated ability to work with a wide variety of stakeholders, from senior leadership to transactional staff
Required Skill/Ability 4
Well-organized, detail-oriented, self-motivated, and proactive with a strong sense of urgency to deadlines; advanced ability to manage multiple tasks and concurrent priorities
Highly flexible and adaptable to change; curious and resourceful
Ability to be highly productive and accountable under limited supervision
Required Skill/Ability 5
Experience with advanced reporting / data analysis using various tools such as PowerBI, Excel, etc. or a demonstrated ability to quickly achieve proficiency in new systems and tools
Drug Screen
All candidates for employment will be subject to pre-employment background screening for this position, which may include motor vehicle, DOT certification, drug testing and credit checks based on the position description and job requirements
Benefits
Standard (M-F equal number of hours per day)
Responsibilities
This position manages and leads a variety of accounting, ancillary tax, and regulatory compliance functions for the university
This position is responsible for the accounting and day-to-day general ledger management of all university cash accounts along with timely and accurate reconciliation of all assigned general ledger accounts (including but not limited to those associated with all cash and cash equivalent accounts, payroll activity, state and federal tax liabilities) to ensure the accuracy and completeness of the University’s general ledger enabling the preparation of accurate financial statements
This individual is also the functional accounting lead for ancillary tax reporting and escheatment compliance functions in accordance with applicable federal and state regulatory requirements
This individual will manage a team and ensure that all assigned general accounting activities are carried out in compliance with University standards and other regulations
Financial Analysis and Reporting: Analyzes and synthesizes information and designs and creates accurate and timely reports that add value to the management of University operations
Advises and applies GAAP to specialized areas to properly report out on financial conditions
Designs financial reporting to meet the compliance needs of internal and external users
Extracts and consolidates data from multiple sources
Financial methods and systems: Influences, plans, and designs methods to improve practices, processes and systems
Leads and partners with all levels of internal and external contacts to execute departmental and/or institutional level goals
Provides a high level of service that cultivates and maintains strong working relationships and effectively communicates information; takes ownership and accountability for timeliness, accuracy and relationship management
Accounting and Reconciliation: Verifies enterprise or subsystem transactions are recorded correctly to ensure accuracy of balance sheets, income statements, and other financial activities
Performs complex multi-system reconciliations; navigates through multiple complex systems and reporting tools to independently investigate and resolve non-routine discrepancies
Plans, designs, and develops reporting tools
Regulates entries to the general ledger or subsystems and ensures adherence to GAAP, regulatory requirements and financial reporting considerations
Communicates effectively at all levels and applies sound judgment when handling highly sensitive information
Strategic Resource: Translates department finance strategies into goals
Anticipates, identifies, and raises potential financial opportunities, issues, risks, ideas and solutions
Employs judgment and expertise in identifying the appropriate stakeholders to include in consultations, communications, approvals or buy-ins for designing and implementing changes
Compliance and Risk Management: Establishes, implements and/or maintains strong internal controls in areas of assigned responsibility to provide reasonable assurance of effective and appropriate resources use, accurate financial information, and adherence to contractual obligations and agreements, policies, procedures, and external regulatory requirements
Mentors, leads and/or supervises staff
May perform other duties as assigned
Employees will be assigned specific job-related duties through their hiring departments
Job description
University Job Title
Accountant 4
Bargaining Unit
None - Not included in the union (Yale Union Group)
Time Type
Full time
Duration Type
Regular
Compensation Grade
Administration & Operations
Compensation Grade Profile
Manager; Program Leader (26)
Wage Ranges
Click here to see our Wage Ranges
Searchable Job Family
Accounting/ Financial, Financial
Total # of hours to be worked:
37.5
Work Week
Standard (M-F equal number of hours per day)
Work Location
Central Campus
Worksite Address
150 Munson Street
New Haven, CT 06511
Work Model
Hybrid
Position Focus
This position manages and leads a variety of accounting, ancillary tax, and regulatory compliance functions for the university. This position is responsible for the accounting and day-to-day general ledger management of all university cash accounts along with timely and accurate reconciliation of all assigned general ledger accounts (including but not limited to those associated with all cash and cash equivalent accounts, payroll activity, state and federal tax liabilities) to ensure the accuracy and completeness of the University’s general ledger enabling the preparation of accurate financial statements. This individual is also the functional accounting lead for ancillary tax reporting and escheatment compliance functions in accordance with applicable federal and state regulatory requirements. This individual will manage a team and ensure that all assigned general accounting activities are carried out in compliance with University standards and other regulations.
Essential Duties
• Financial Analysis and Reporting: Analyzes and synthesizes information and designs and creates accurate and timely reports that add value to the management of University operations. Advises and applies GAAP to specialized areas to properly report out on financial conditions. Designs financial reporting to meet the compliance needs of internal and external users. Extracts and consolidates data from multiple sources. 2. Financial methods and systems: Influences, plans, and designs methods to improve practices, processes and systems. Leads and partners with all levels of internal and external contacts to execute departmental and/or institutional level goals. Provides a high level of service that cultivates and maintains strong working relationships and effectively communicates information; takes ownership and accountability for timeliness, accuracy and relationship management. 3. Accounting and Reconciliation: Verifies enterprise or subsystem transactions are recorded correctly to ensure accuracy of balance sheets, income statements, and other financial activities. Performs complex multi-system reconciliations; navigates through multiple complex systems and reporting tools to independently investigate and resolve non-routine discrepancies. Plans, designs, and develops reporting tools. Regulates entries to the general ledger or subsystems and ensures adherence to GAAP, regulatory requirements and financial reporting considerations. Communicates effectively at all levels and applies sound judgment when handling highly sensitive information. 4. Strategic Resource: Translates department finance strategies into goals. Anticipates, identifies, and raises potential financial opportunities, issues, risks, ideas and solutions. Employs judgment and expertise in identifying the appropriate stakeholders to include in consultations, communications, approvals or buy-ins for designing and implementing changes. 5. Compliance and Risk Management: Establishes, implements and/or maintains strong internal controls in areas of assigned responsibility to provide reasonable assurance of effective and appropriate resources use, accurate financial information, and adherence to contractual obligations and agreements, policies, procedures, and external regulatory requirements. 6. Mentors, leads and/or supervises staff. 7. May perform other duties as assigned.
Required Education And Experience
Bachelor’s degree in Accounting, Business, Economics or Finance and six years of related experience or an equivalent combination of education and experience. Demonstrated application of financial, accounting and economic concepts.
Required Skill/Ability 1
Well-developed, strong analytical, accounting, financial management and problem-solving skills with the ability to clearly articulate complex analysis, propose and execute upon creative solutions, make independent decisions with prudent judgment and tact, prioritize multiple projects and perform under tight deadlines in a fast-paced environment.
Required Skill/Ability 2
Demonstrated application of financial and accounting concepts.
Required Skill/Ability 3
Strong verbal and written communication and interpersonal skills. Demonstrated ability to work with a wide variety of stakeholders, from senior leadership to transactional staff.
Required Skill/Ability 4
Well-organized, detail-oriented, self-motivated, and proactive with a strong sense of urgency to deadlines; advanced ability to manage multiple tasks and concurrent priorities. Highly flexible and adaptable to change; curious and resourceful. Ability to be highly productive and accountable under limited supervision.
Required Skill/Ability 5
Experience with advanced reporting / data analysis using various tools such as PowerBI, Excel, etc. or a demonstrated ability to quickly achieve proficiency in new systems and tools.
Preferred Education, Experience And Skills
Public accounting experience preferred.
Drug Screen
No
Health Screening
No
Background Check Requirements
All candidates for employment will be subject to pre-employment background screening for this position, which may include motor vehicle, DOT certification, drug testing and credit checks based on the position description and job requirements. All offers are contingent upon the successful completion of the background check. For additional information on the background check requirements and process visit "Learn about background checks" under the Applicant Support Resources section of Careers on the It's Your Yale website.
COVID-1+ Vaccine Requirement
Required
The University maintains policies pertaining to COVID-1+. All faculty, staff, students, and trainees are required to comply with these policies, which may be found here:
https://covid1+.yale.edu/health-guidelines
Posting Disclaimer
The intent of this job description is to provide a representative summary of the essential functions that will be required of the position and should not be construed as a declaration of specific duties and responsibilities of the particular position. Employees will be assigned specific job-related duties through their hiring departments.
EEO Statement
University policy is committed to affirmative action under law in employment of women, minority group members, individuals with disabilities, and protected veterans. Additionally, in accordance with Yale’s Policy Against Discrimination and Harassment, and as delineated by federal and Connecticut law, Yale does not discriminate in admissions, educational programs, or employment against any individual on account of that individual’s sex, ****** orientation, gender identity or expression, race, color, national or ethnic origin, religion, age, disability, status as a special disabled veteran, veteran of the Vietnam era or other covered veteran.
Inquiries concerning Yale’s Policy Against Discrimination and Harassment may be referred to the Office of Institutional Equity and Accessibility (OIEA).
Note
Yale University is a tobacco-free campus