Performs professional accounting duties reconciling, monitoring and reporting on the general accounting system and financial management for the University. Assists in the preparation of external and internal agency financial reports and the operations of payroll and vendor disbursements, including travel reimbursement, debt service, capital projects and grant disbursements. Ensures transactions related to the initiation of payroll disbursements, termination of payroll disbursements, and account changes on disbursements are accurately and timely recorded in the payroll system based on HR source documents and within established budgets. Monitors transactions entered for assurance of posting. Reconciles payroll. Processes disbursements for the Beaufort Jasper Higher Education Commission (an affiliated organization of the University), the Educational foundation, and the University, maintains ledgers, journals, and related reports, and documenting financial transactions within established budgets and guidelines established by federal, state, and other regulatory controls. Annually prepares required 1099 forms. Researches disbursement discrepancies with appropriate individuals including budget, purchasing, departments, faculty, both USC and USCB staff and vendors. Processes adjustments, journal entries, and IIT (internal requisitions).Ensures fund availability and determination of fund sources. Analyzes cash requirements and maintains adequate funds to support daily operations while optimizing return on invested funds as allowed by guidelines. Monitors the agency capital project, fixed asset, and tax accounting systems and grant accounting program. Coordinates year end close out with Purchasing, grant, budget, and departmental personnel, and vendors. Prepares financial reports to meet requirements of State and Federal governments and other external users. Assists with bank reconciliations and related financial transactions. Under general supervision, coordinates requested documentation from auditors. Provides access to accounting records as required. Directs auditor questions to appropriate individuals. Ensures adequate internal controls and separation of duties. Reconciles advances and process emergency checks. Assists Purchasing with obtaining W9 forms.
Advertised Minimum Qualifications :
Bachelor's degree in accounting or related field and 2 years professional accounting experience, or equivalent education and experience.
The University of South Carolina System is comprised of the state’s flagship university in Columbia (founded in 1801 and currently one of the top 50 “Best Colleges” according to U.S. News and World Report), three regional comprehensive universities (USC Aiken, USC Beaufort and USC Upstate), and Palmetto College consisting of four two-year campuses (USC Lancaster, USC Salkehatchie, USC Sumter, USC ...Union and Fort Jackson/Extended University). Together, the USC System institutions offer more than 450 degree programs on campus and online and are uniquely positioned to meet the state’s educational, cultural, health and research needs. The System employs nearly 14,000 people who work daily to improve the lives of students, fellow South Carolinians and the world. Our diverse engaged faculty and staff enjoy a dynamic and intellectually stimulating work environment.