Senior Accountant

University of Colorado Denver | Anschutz

Department:
Financial Services - Office of Grants and Contracts

Job Title:
Senior Accountant

Position #:

- Requisition #:38938

Job Summary:

The Office of Grants & Contracts is seeking a detail driven, analytical, and collaborative Senior Accountant to support complex federal financial accounting, reconciliation, and accounts receivable functions. This role plays a critical part in ensuring compliance with federal requirements, maintaining accurate financial records, and supporting the university's sponsored project portfolio.

If you thrive in a fastpaced environment, enjoy solving intricate accounting puzzles, and want to contribute to impactful research and education initiatives, this position offers a meaningful and challenging opportunity.

Financial Accounting & Reconciliations (75%

• Manage federal Letter of Credit (LOC) draws for projects funded by HHS (primarily NIH), the Department of Education, and the National Science Foundation.
• Process LOC invoicing through People Soft and validate draw amounts by reconciling federal system data with internal queries.
• Upload or enter draw data into federal systems to ensure timely deposits to OGC clearing accounts.
• Reconcile billable draws to cash balances in collaboration with Post Award Managers.
• Complete quarterly LOC reconciliations, ensuring alignment between federal authorizations and university records.
• Run exception queries for Fixed Rate contracts, analyze discrepancies, and correct accounting errors within the GL and AR modules in People Soft.
• Process returns for LOC projects through federal systems or manual payment processes, including required correspondence.
• Execute monthly and adhoc financial aid draws for the Department of Education and coordinate with the Financial Aid Office on updates, reconciliations, and balance inquiries.
• Perform monthly reconciliations of OGC clearing projects, including undistributed receipts and items pending identification.
• Support fiscal yearend activities, including reviewing clearing account balances, preparing reclass entries, and determining manual revenue recognition needs for federal financial aid projects.

• Assist with additional yearend revenue entries as needed.

Accounts Receivable (25%)

• Collaborate with the AR team to resolve issues identified through OGC clearing reconciliations.
• Review and approve journal entries submitted by OGC AR Specialists.
• Monitor clearing accounts for historical or unresolved items, ensuring timely return of unidentified payments.
• Serve as a backup to the AR team, including:
  • Researching and identifying incoming funds, logging payment details, and applying payments in People Soft.
  • Reviewing payment postings for accuracy and coordinating corrections based on clearing account findings.
  • Responding to customer service inquiries from departments, campuses, and sponsors regarding payment activity.
  • Preparing journal entries to transfer funds related to nonsponsored projects or other campuses.

Work Location:

Hybrid - this role is eligible for a hybrid schedule of 2 days per week on campus and as needed for training and in-person meetings.

Why Join Us:

This exciting opportunity gives you the chance to:

• Participate in professional development opportunities to grow your career.
• Build relationships with other departmental staff, focused on understanding needs along with opportunities for improving processes.
• Partner with other financial staff in developing key financial performance tools and share them with departmental stakeholders.
• Become part of a department where inclusiveness and culture are valued.
• If interested, you can earn a master's degree at a greatly reduced rate through our Employee Tuition Assistance Benefit program.

Why work for the University?

We have AMAZING benefits and offer exceptional amounts of holiday, vacation and sick leave! The University of Colorado offers an excellent benefits package including:

• Medical:
  Multiple plan options
• Dental:
  Multiple plan options
• Additional Insurance:
  Disability, Life, Vision
• Retirement 401(a) Plan:
  Employer contributes 10% of your gross pay
• Paid Time Off:
  Accruals over the year
• Vacation Days: 22/year…