Essential Duties and Responsibilities
- Reviews and controls accounts and records to ensure accuracy, proper documentation, and compliance with all pertinent procedures and regulations. Prepares complex journal entries accordingly.
- Maintains current knowledge of accounting standards, cash management procedures, and applicable regulations related to banking activity, unclaimed property, and financial reporting.
- Performs and maintains timely and accurate reconciliations for multiple University bank accounts, including operating, payroll, Bursar, accounts payable, etc. Promptly investigates and resolves reconciling items and outstanding transactions.
- Monitors outstanding and stale-dated checks, performs due diligence procedures, and assists with unclaimed property reporting and compliance. Prepares various account reconciliations and accounting analyses as needed.
- Assists with month-end close activities, account analyses, and ad hoc accounting functions and reporting requests to support departmental operations and financial reporting.
- Coordinates with internal departments, banking institutions, and external agencies to resolve banking and reconciliation issues and ensure compliance with applicable policies and procedures.
- Performs other related duties and ad hoc accounting assignments as assigned.
Bachelor’s degree Accounting or related area and Three (3) years of accounting experience. An equivalent combination of education, training and experience may be substituted for the degree requirement.
Applicants must be authorized to work in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.
About UsThe University of Memphis is a leading, student-centered, urban public R1 research institution. Located in Memphis, Tennessee, on 1,160 acres. The University serves a population of nearly 20,000 students and 2,500 employees, including more than 1,000 full-time faculty members. The University offers bachelor’s degrees in more than 230 areas of study, master’s degrees in more than 50 subjects and doctoral degrees in 26 disciplines; supported an institutional record of more than $100 million in research awards for FY24; and has an operating budget of close to $500 million.Skills Required
- Bachelor's degree in Accounting or related field
- Three (3) years of accounting experience (or equivalent combination of education, training, experience)
- Authorization to work in the U.S.; employer will not sponsor visas
- Experience preparing complex journal entries and month-end close support
- Experience performing bank and general ledger reconciliations for multiple accounts
- Knowledge of accounting standards, cash management procedures, and related regulations
What We Do
The University of Memphis is a public research university in Memphis, Tennessee, committed to academic excellence and community engagement. Driven by a philosophy of 'doing,' the institution leverages a diverse workforce of faculty and staff to foster a dynamic learning environment. The university provides a comprehensive range of educational opportunities and maintains a strong commitment to equal employment and institutional equity.
