Job Description
Job Description
SUMMARY: Performs professional accounting work of a relatively complex nature. Responsible for assisting with grant, bond and other project accounting for RIAC’s Capital Improvement Program, including tracking construction cost, tracking multiple funding sources, maintaining records and requesting funds for reimbursement of construction cost. Also responsible for other general accounting functions.
ESSENTIAL DUTIES AND RESPONSIBILITIES: include the following. Other related duties may be assigned.
• Processes invoices approved for Capital Improvement Program to pay contractors.
• Calculates and tracks the administration cost related to projects.
• Verifies the source of funding for payments.
• Compiles proper documentation needed to formally request draw down or reimbursement from appropriate funding sources, at minimum on a monthly basis.
• Tracks reimbursement requests and receipts from the various funding sources.
• Compiles a schedule of federal cost for the annual Single Audit Act report.
• Assists in annual audits.
• Summarizes and tracks payments, retainage held, and funding sources by project and reconciles to the general ledger.
• Maintains project accounting system, accounting records and files for RIAC’s Capital Improvement Program and other major construction projects.
• Identifies current cash requirements for the trustee revenue bond accounts and checking accounts for payments.
• Identifies replenishment options for the project related checking accounts.
• Assists manager with investment and cash flow analysis for project funds.
• Prepares reports for grants as necessary.
• Works with RIAC departments regarding accounting issues for construction or related projects.
• Processes automated checks for multiple bank accounts, verifies proper invoice approvals and dollar amounts.
• Reconciles Accounts Payable sub ledger detail to General Ledger and performs month end closing for Accounts Payable.
• Analyzes and prepares a detailed report of Corporation travel expenses for year-end audit.
• Prepares general journal, adjusting reversing and accrual entries.
• Analyzes general ledger accounts.
• Performs data entry, account inquiries and generates reports on computerized accounting system.
• Serves as backup in Finance and Administration department functions and duties.
• Files, mails and performs word processing related to the function.
SUPERVISORY RESPONSIBILITIES: None
QUALIFICATIONS: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
• A working knowledge of grant accounting for Federal programs, accounting for construction in progress with multiple funding sources and the principles and practices of accounting.
• Strong analytical capabilities;
• Proficiency with computerized worksheets, accounting software and various other related software including Windows, Microsoft Office and Access.
• Ability to produce complicated computerized spreadsheets with little or no assistance.
• Positive attitude and the ability to work with contractors, vendors, agencies and co-workers.
• Effective written and verbal communications skills required.
• Must be able to carry out complex tabulations and arithmetic computations.
• Has ability to work independently.
• Must be able to carry out complex oral and written directions.
• Must be able to successfully achieve and maintain an airport security clearance , which must be maintained as a condition of continued employment.
EDUCATION and/or EXPERIENCE:
• Bachelor’s degree in accounting or a related field required.
• Requires five years’ experience in accounting, with a minimum of two years in grant or construction accounting.
• Classes in advanced accounting, cost accounting preferred.
PHYSICAL DEMANDS: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Typing and computing, staring at a monitor, prolonged sitting, close attention to detail and account ledgers.
WORK ENVIRONMENT: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Climate controlled office environment.
This organization provides equal employment opportunity to all persons, regardless of age, race, religion, color, national origin, sex, sexual orientation/expression, political affiliations, marital status, and non-disqualifying physical or mental disability. This organization welcomes and encourages applications from minorities, veterans, and persons with physical and mental disabilities, and will reasonably accommodate the needs of those persons in the application process. The decision on granting reasonable accommodation request will be on a case-by-case basis.