Staff Accountant

The Staff Accountant will play a key role in the financial operations of Kansas Memorial Unions Corporation by managing journal entries, reconciling accounts, and ensuring financial data accuracy. The role requires a high level of attention to detail and the ability to learn and understand the operations of our organization. This individual will support financial reporting and compliance efforts and work collaboratively with other departments to ensure the financial results reflect the needs and realities of our operations. 

This position starts at $50,000 annually but is negotiable based on experience and education.

 Competencies & Responsibilities:

1. Job Knowledge

 Journal Entry Management 

• Prepare, enter, and post accurate journal entries for month-end and year-end reporting in compliance with accounting standards.

• Maintain organized records and documentation of all journal entries, ensuring alignment with the organization’s financial policies.

• Analyze financial data to ensure entries are properly classified, accurate, and complete.

 2. Problem Solving

Account Reconciliation

• Reconcile balance sheet accounts, including cash, fixed assets, receivables, and payables, to ensure accuracy and completeness.

• Investigate and resolve discrepancies in a timely manner to maintain integrity in financial reporting.

• Prepare monthly, quarterly, and annual reconciliations of financial accounts.

 3. Financial Responsibility

Financial Reporting and Compliance

• Assist in the preparation of monthly financial statements and reporting to stakeholders.

• Ensure compliance with internal controls, regulatory requirements, and financial policies.

• Assist in preparing schedules, as requested, for annual tax return and external audits

• Provide insightful analyses, explaining variances in Results versus Budgeted revenue and expenses and to prior period(s).

 4. Quality Control

Process Improvement

• Identify and implement improvements to financial processes, increasing efficiency and reducing errors.

• Collaborate with cross-functional teams to streamline financial operations.

• Regularly review existing financial procedures and recommend updates or changes where applicable.

5. Use of Technology

Technology and Systems

• Utilize accounting software and ERP systems to manage and track financial transactions.

• Leverage financial tools to analyze performance.

• Provide technical support to other finance team members in using accounting software.

6. Effective Communication

• Maintain timely communication to meet deadlines and ensure smooth workflow.

• Handle sensitive financial data responsibly, ensuring discretion in all communications.

• Present updates, raise concerns, or explain variances during team or cross-functional meetings in a constructive and concise manner.

Minimum Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field.

• Experience in accounting or financial management, preferably in higher education or hospitality.

• Proficiency in accounting software (e.g., NetSuite, QuickBooks, or equivalent).

• Strong understanding of accounting principles and financial reporting.

• Demonstrated experience in process improvement and automation.

• Strong written and verbal communication skills.

• Advanced (use of functions, formulas, pivot tables, etc.) experience using Excel software.

Preferred Qualification:

• 2+ years of experience in accounting or financial management, preferably in higher education or hospitality.