Oracle Accountant I

The University of Memphis is a student-centered urban public research institution. The Accountant I performs General Ledger accounting operations, including preparing and reviewing journal entries, reconciling accounts, researching discrepancies, supporting financial close activities, and ensuring compliance with accounting policies and regulations.

What you'll do:

• Perform daily General Ledger accounting operations and review financial transactions for accuracy, completeness, and proper account classification
• Review journal entries submitted by University departments for appropriate Chart of Accounts (COA) coding, supporting documentation, accounting treatment, and compliance with University policies and procedures; approve journal entries that meet requirements and reject entries requiring correction or additional documentation
• Prepare, review, and post journal entries, including correcting, recurring, accrual, reclassification, and year-end journal entries
• Analyze General Ledger activity and research unusual or incorrect transactions
• Perform monthly, quarterly, and annual account reconciliations and investigate and resolve variances
• Assist with monthly and year-end closing activities, including reviewing outstanding transactions, accruals, encumbrances, and other year-end adjustments
• Review account balances and financial activity to identify discrepancies, errors, or transactions requiring correction
• Analyze encumbrances, reserves, accruals, prepaids, and other balance sheet and operating accounts as assigned
• Prepare accounting schedules, worksheets, and supporting documentation for financial reporting and audit purposes
• Assist with the preparation and review of financial reports and General Ledger inquiries
• Research transactions across applicable financial systems and supporting documentation to determine the source and accuracy of activity
• Review transactions originating from Accounts Payable, Purchasing, Payroll, Budget, Grants, and other financial areas to ensure proper accounting treatment

What they're looking for:

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field
• Experience in accounting, General Ledger, financial reporting, account reconciliation, or related accounting operations
• Knowledge of Generally Accepted Accounting Principles (GAAP) and fundamental accounting practices
• Knowledge of General Ledger accounting and financial reporting processes
• Strong analytical and problem-solving skills
• Ability to analyze financial transactions and identify discrepancies
• Ability to prepare and review journal entries and account reconciliations
• Ability to interpret financial data and supporting documentation
• Strong attention to detail and accuracy
• Ability to meet deadlines associated with monthly and year-end financial close
• Ability to communicate effectively with accounting and non-accounting personnel
• Ability to maintain confidentiality of financial information