Accountant I (Accounts Receivable)

Location
OC - Central Services
Posted
Jun 07, 2018
Closes
Jun 26, 2018
Ref
R1250
Function
Accountant, Finance
Industry
Education
Hours
Full Time

Montgomery College is Maryland's premier community college, serving more than 60,000 students each year through credit and noncredit programs. We are dedicated to providing an exceptional education for all of our students, and we recognize that our faculty and staff are integral to our continued success. We give employees the environment, tools, and opportunities they need to make a difference.

Job Title

Accountant I (Accounts Receivable)

Job Description Summary

Online applications must be received by Wednesday, June 20, 2018

Montgomery College, Administrative & Fiscal Services located in Rockville, MD, has need for a full-time Accountant I (Accounts Receivable), position #S03533. This is a non-bargaining, non-exempt position. For non-exempt positions, you are not eligible to work a secondary job at the College. The normal work schedule is Monday - Friday 8:30 am - 5:00 pm.

Montgomery College is a public, fully accredited, open admission institution. Led by President DeRionne P. Pollard, Ph.D., MC is dedicated to student success and widely recognized for the quality and scope of its academic programs. Do you want to join us in our mission of providing an exceptional education and fostering student success? The faculty and staff of MC are integral to our continued excellence. We are looking for dedicated professionals for opportunities throughout the College.

Job Summary: Under supervision/direction, the Accountant I (Accounts Receivable) administers the full billing and collection of third party sponsors or external organizations paying for students' tuition fees and book charges, non-student AR billing, and performs other professional accounting work, including auditing, analyzing, maintaining, and verifying fiscal records and reports, preparing financial and audit reports, and reconciling general ledger accounts. The purpose of the work is to perform specific tasks such as the checking of data, comparing reports to source documents, or authorizations against transactions, and answering internal and external inquiries related to our services. Work affects the accuracy and completeness of ledgers and reports. This accounting work requires the understanding and application of formal accounting principles and practices to ensure financial record keeping and procedures meet acceptable standards. Assignments usually consist of specific tasks relating to the practical application of theory and basic principles of accounting in the context of the regulations, organization, requirements, automated systems, and other characteristics of a finance/accounting operation. Decisions regarding what needs to be done follow well accepted accounting principles, practices, the College's policies and procedures, and federal, state, and local rules and regulations.

The Accountant I is distinguished from the Accountant II by the latter's performance of the full range of assigned tasks, under less supervision, while exercising discretion and
independent judgment within established guidelines. Although the Accountant I exercises independent judgment in the application of accounting techniques, set procedures and standards are typically followed and work is generally reviewed by a supervisor or lead. Guidelines are provided in the form of laws, precedents, procedures, policies, and professional association standards.


Duties and responsibilities include but are not limited to:
•\tAdminister the third party/sponsor billing and non-student AR billing processes.
•\tReview, maintain, and reconcile accounts, making adjustments, corrections, and journal entries as appropriate; prepares periodic and special reports and statements.
•\tProcess and post involuntary withdrawal adjustments on students' accounts.
•\tManage the VA payment and debt letter processes for veterans utilizing their benefits.
•\tRespond to inquiries from College units, vendors, and financial institutions regarding accounts and transactions; research and analyze account records and transaction files for information to answer inquiries.
•\tPerform other duties as assigned.Job Description

Required Qualifications:

  • Bachelor's degree in accounting or a related field.
  • Minimum of one year of professional accounting experience. An equivalent combination of education and training experience may be substituted.
  • Knowledge of Generally Accepted Accounting Principles (GAAP) and Governmental Accounting Standards Board (GASB) recommendations; of laws and regulations governing accounting procedures and systems.
  • Knowledge of PC hardware and software capabilities and accounting applications.
  • Skill in operating within an integrated application business environment (i.e., all business applications are integrated into one system and requires communication and understanding of all).
  • Skill in using standard office equipment, including computers, computer applications, and software, communicating accounting information, both in writing and orally.
  • Ability to maintain a group of accounts, and organize work to set priorities and meet deadlines, communicate and work effectively with others within and outside of the organization, to interpret financial and accounting data, and provide appropriate analysis for management's use in decision making.
  • Eligible applicants must currently be authorized to work in the United States and not require employer visa sponsorship.

Preferred Qualifications:

  • Bachelor's degree in Accounting.
  • Customer service experience in a fast-paced office environment.
  • Work experience in a higher education institution.

Application Process:

Apply online at http://www.montgomerycollege.edu/employment.

Be sure to complete a set of pre-screening questions and e-sign your application.

Failure to complete the pre-screening questions or to e-sign your application will automatically result in your elimination from consideration for this position.

Our benefits package includes: generous paid vacation, sick, paid holidays, medical, dental, vision, group legal benefits, professional development, retirement plan, educational assistance, tuition waiver for employee and dependents, wellness programming including onsite gyms, pools and classes. 

For disability- related accommodations, please call 240-567-5353

or send an email to: hrstm@montgomerycollege.edu

Montgomery College is an academic institution committed to promoting

equal opportunity and fostering diversity among its student body, faculty, and staff.

Closing DateTuesday, June 19, 2018

Montgomery College is a tobacco-free and smoke-free workplace

For disability-related accommodations, please call 240-567-5353

or send an email to: hrstm@montgomerycollege.edu

Montgomery College is an academic institution committed to promoting

equal opportunity and fostering diversity among its student body, faculty, and staff.

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