Job Information
Pratt Senior Accountant (71101) in Brooklyn, New York
Are you an experienced and detail-oriented accountant with a passion for accuracy and financial excellence? If so, we invite you to consider the exciting opportunity of becoming our Senior Accountant at Pratt Institute. As a crucial member of our team, you will play a key role in maintaining, reconciling, and accurately accounting for our institute's capital assets inventory.
The Senior Accountant oversees the institute's capital assets inventory, ensuring accurate maintenance and reconciliation. Responsibilities include analyzing and reconciling Student Loan Receivables and philanthropic gifts. The role includes preparing general ledger account reconciliations and managing monthly, quarterly, and annual close processes in adherence to GAAP. The position actively assists with annual audit schedules and provides oversight for multiple balance sheet areas. Reporting to the Accounting Manager, the Senior Accountant collaborates with the General Accounting team, as well as staff in Budget, Student Financial Services, Institutional Advancement, and other relevant areas.
Position Duties:
Monthly reconciliation of the Students' Federal Loans, and bank account activities to the General Ledger which includes the analysis of the daily and weekly reconciliations, and the appropriate resolutions of reconciling items and discrepancies.
On a daily basis, review cash inflows and outflows in the Federal Student Bank Loan accounts and process accurately the necessary journal entries to book daily activities on the account. It includes the retrieval of Loan Rosters; reconciliation of bank loan funds receipts to the rosters and interface with the Financial Aid Counselor and Bursar Operations Manager for missing information and variances.
Analyze monthly transactions in capital object codes to ensure accurate reporting. Prepare all necessary journal entries for fixed assets additions, deletions, and transfers. Prepare quarterly depreciation journal entries for fixed assets. Update fixed asset lead schedule on monthly activity.
Review, journal entry posting, and payment of utilities for various campus locations
Analysis of equipment leases and processing of lease payments.
Maintains and handles the accounting for Munson Williams Proctor Institute general ledger and student accounts. Prepare the wire for the Federal funds disbursements to MWPI for the fall and spring semesters, and prepare the necessary journal entry. Detailed analysis of activities on each student's accounts and prepare the necessary schedule to determine the appropriate invoice to process and clear the account balances.
Assist with requests and prepare informational reports to the Pratt Centers.
Reconciliation of the campus-wide bursar petty cash
Researches and prepares the necessary journal entries for all re-classes and chargebacks (copy center and campus printing).
Responsible for non-student accounts receivable activity
Monitors, tracks, and records all known ACH/Wire payments for all Centers, federal awards, and NYS grants & awards.