Financial Reporting Accountant

Job Requisition:

JR100983 Financial Reporting Accountant (Open)

Job Posting Title:

Financial Reporting Accountant

Department:

CC00450 WM001 | WMUO | Financial Reporting

Job Family:

Staff - Fiscal Administration

Worker Sub-Type:

Regular (benefited)

Job Requisition Primary Location:

William & Mary

Primary Job Posting Location:

William & Mary

Job Description Summary:

This position is responsible for the reconciliation of all university bank accounts including VIMS. It is also responsible for the compilation of the quarterly accounts receivable reports for W&M and VIMS and submission to the Virginia Department of Accounts by the deadlines set by the DOA. Perform various general ledger reconciliations in support of the bank reconciliations and receivable reports. Prepare various journal entries, schedules and footnotes in support of the annual consolidated financial statements.

Job Description:

- Reconcile all university bank accounts including VIMS. Research and resolve outstanding items by working with the appropriate campus departments.

- Compile the quarterly accounts receivable reports for W&M and VIMS by collecting reports from various departments and reviewing for accuracy and reasonableness.

- Prepare various general ledger account reconciliations in support of the bank reconciliation process and the accounts receivable quarterly reports.

- Act as a liaison with departments across campus in support of the bank reconciliation process and the quarterly accounts receivable report preparation.

- Prepare various journal entries, schedules and footnotes in support of the annual consolidated financial statement preparation.

- Additional duties as assigned by the Director of Financial Reporting

Additional Job Description:

Required qualifications:

- Bachelor's degree in accounting or the equivalent combination of education, training and work experience

- Knowledge of Generally Accepted Accounting Principles (GAAP)

- Strong analytical skills and problem-solving skills with the ability to extract and analyze data, resolve discrepancies and exercise sound judgment when making decisions

- Strong verbal and written communications skills and a demonstrated ability to work collaboratively with colleagues

- Strong organizational skills and attention to detail

Preferred qualifications:

- Experience with complex bank reconciliations

- Knowledge of the Commonwealth of Virginia's accounting system, policies and procedures

- Experience with general ledger reconciliations

- Experience in Higher Education accounting and/or governmental accounting experience

- Workday experience

Performs work requiring analysis of data and application of applicable professional principles and standards.
Applies knowledge of accounting functions or principles, general business practices, collection procedures, and/or applicable computer systems.
Requires knowledge of state and federal laws, rules, and regulations.
Demonstrated ability to research, investigate, analyze, reconcile, and evaluate data.
Interacts frequently with internal and external customers using both verbal and written communication skills to discuss financial processes or issues.

Annual Salary:

$40,000-50,000, commensurate with experience.

Job Profile:

JP0831 - Financial Specialist I - Nonexempt - Salary - S09

Qualifications:

BS - Accounting, Experience

Compensation Grade:

S09

Recruiting Start Date:

2025-10-10

Review Date:

2025-08-07

Position Restrictions:

EEO is the Law.  Applicants can learn more about William & Mary’s status as an equal opportunity employer by viewing the "Know Your Rights" poster published by the U.S. Equal Employment Opportunity Commission. https://www.eeoc.gov/know-your-rights-workplace-discrimination-illegal