Senior Accountant (50586)

Randolph College - Lynchburg, VA

Full-time - Mid Level

Lynchburg, VA

Educational Services

About the position

The Senior Accountant at Randolph College is responsible for applying accounting principles to prepare and analyze financial reports. This role involves general ledger accounting, month-end close processes, financial data preparation, account analysis, and reconciliations. The successful candidate will develop and implement financial accounting concepts for effective financial planning and reporting.

Responsibilities

• Record accurate accounting transactions in accordance with GAAP and not-for-profit accounting standards.
• Manage Campus Store accounting functions including deposits, statement reconciliations, inventory adjustments, and sales & use tax reporting.
• Review and file sales and use tax filings for Maier, MFA, and Alumnae/i.
• Oversee accounting and recordkeeping for the federal Perkins Loan program, acting as a liaison between Financial Aid and the Business Office.
• Assist in preparing the annual financial aid Fiscal Operations Report and Application to Participate (FISAP).
• Reconcile balances with the third-party loan servicer (UAS) and prepare journal entries for loan accounts.
• Review and adjust complex gift transactions, recommending proper accounting treatment to the Controller or VP for Finance and Administration.
• Serve as primary backup for accounts payable functions and review accounts payable batches before processing.
• Audit travel advances and expenses, analyze data, and troubleshoot problems.
• Journalize mortgage payments and prepare annual 1099-INT reporting.
• Review balance sheet account reconciliations, identify errors, and provide feedback for corrections.
• Prepare for the annual Alumnae/i Association internal audit and assist in the College's annual audit and financial statement preparation.

Requirements

• Bachelor's degree with an emphasis in accounting.
• At least three years of work experience preferred, especially in higher education or non-profit sectors.
• Proficiency in Microsoft Office Suite, particularly advanced Excel skills.
• Experience with computer-based accounting systems; Microsoft Dynamics Great Plains experience is a plus.

Nice-to-haves

• Experience in a team environment.
• Knowledge of federal Perkins Loan program accounting.