Accounting Professional

1. Maintain strict adherence to the Confidentiality of university information which the position becomes in contact with or is involved in creating.   
2. Support departmental and university-wide efforts to automate and streamline procedures and practices which improve efficiencies and the quality of financial information used for decision-making.   
3. Collects and records daily bank deposits.
4. Maintains and reconciles cash box.
5. Plays vital role in aspects of Accounts Payable and secondary requisition approvals.
6. Reviews and approves requisitions for budgetary appropriateness and fund availability in compliance with institutional policies and procedures.
7. Reconciles the clearing of all issued travel cash advances, and handles transfers of direct deposits to Comerica bank.
8. Performs miscellaneous account reconciliations.
9. Prepares and manages due diligence process for individual Escheats correspondences and maintains knowledge of any updates from Michigan Treasury requirements as well as software updates.
10. Reconciles and reviews labor distribution report for payroll, payroll taxes, verifies the appropriate cost center distribution of salary and wages, prepares summary report for recoding in general ledger, and provides various payroll related analysis and summaries as required for daily activity.
11. Prepares report summary for annual workers compensation audit works on any requirement changes and new regulations.
12. Prepares various payroll reports for Internal Revenue Service (941 quarterly reports).
13. Works closely with and maintains knowledge of payroll journal entries and accounts payable processes. 
14. Processes payroll direct deposit.
15. Maintains O&M allocations worksheet monthly.
16. Compiles and maintains information relating to the employee and other benefits, prepares fiscal year-end summaries, and journal entries. Also analyzes and allocates all benefits to various departments/general ledger.
17. Records journal entries for payments of Federal and State payroll taxes and retirement payments and reconciles to the UltiPro reports and bank statements.
18. Collaborates with external auditors on year-end auditing, assists with the year-end closing procedures, and prepares schedules and work-papers used in the preparation of University financial statements.
19. Other duties as assigned.