University Overview
The University of Pennsylvania, the largest private employer in Philadelphia, is a world-renowned leader in education, research, and innovation. This historic, Ivy League school consistently ranks among the top 10 universities in the annual U.S. News & World Report survey. Penn has 12 highly-regarded schools that provide opportunities for undergraduate, graduate and continuing education, all influenced by Penn's distinctive interdisciplinary approach to scholarship and learning. As an employer Penn has been ranked nationally on many occasions with the most recent award from Forbes who named Penn one of America's Best Large Employers in 2023.
Penn offers a unique working environment within the city of Philadelphia. The University is situated on a beautiful urban campus, with easy access to a range of educational, cultural, and recreational activities. With its historical significance and landmarks, lively cultural offerings, and wide variety of atmospheres, Philadelphia is the perfect place to call home for work and play.
The University offers a competitive benefits package that includes excellent healthcare and tuition benefits for employees and their families, generous retirement benefits, a wide variety of professional development opportunities, supportive work and family benefits, a wealth of health and wellness programs and resources, and much more.
Posted Job TitleAccountant/Financial AnalystJob Profile TitleAccountant/Financial AnalystJob Description SummaryThis position reporting to the Sr. Capital Accounting Manager has daily operational responsibility in accounts payable functions, general ledger accounting and recording general and budget journal entries.Job DescriptionThis accountant is responsible for managing and reviewing purchase orders and change orders, interpreting contract language relative to Construction Management rates, general conditions and self-performed work. The total project budgets can range from $100k to $500 million.
In addition to daily responsibilities this accountant is responsible to work closely with the project managers to comprehensively review and analyze complex Construction Applications for Payment (AIA documents) for accuracy, completeness and forecasting of cash flows. They must summarize, track and report exceptions and future corrections to executive management in order to minimize audit findings.
This role is required to generate reports and complete project reconciliations comparing both expense and accrual items between EBuilder the program management system and BEN Financials, ensuring compliance with Generally Accepted Accounting Principles (GAAP) and utilizing capital accounting procedures for accurate evaluation and recording of Construction in Progress (CIP). This accountant must identify, analyze, investigate and correct variances between BEN Financials and EBuilder.
This role would produce reports for executive management, utilizing data from existing systems or recommending innovative ways of connecting information from various systems to calculate the cost per square foot of renovation versus new construction or average cost of space per classification, i.e. lab, classroom, office or other space type.
Upon project substantial completion and at close out, the accountant categorizes costs in project componentizations, such that construction items (i.e. interior, roof, HVAC, plumbing, electric) are depreciated accurately and timely. The accountant must review and analyze project costs and design custom reporting to be utilized in establishing a threshold in which to consult with FRES executive management / Comptroller's Office / external auditors on whether the project extends the useful life of a building or should be expensed as Operations and Maintenance (O&M).
This role must exhibit excellent analytical, verbal and written communication and customer service skills when interacting and presenting complex financial management reports to executive management, Project Manager's, construction contractors and other vendors.
Qualifications:
Four Year bachelor's degree in accounting from an accredited university/college or a combination of an associate degree in accounting or business and at least 7 years of general accounting or construction accounting experience.
Minimum 3-5 years of progressive experience in accounting.
Strong knowledge of general accounting functions and adherence to Generally Accepted Accounting Principles.
Proficiency using Microsoft Office suite (Excel, Outlook, and Word) required.
Must have strong analytical skills along with attention to detail and accuracy in reporting and posting entries.
Preferred Qualifications:
Accounting experience in construction industry, knowledge of construction billing, AIA documents, knowledge of project contracts and change order documents.
Experience preparing cash flow projections and cost to budget report and/or presenting reports to senior leadership.
Experience in using Business Objects reporting tools, Oracle Financial system preferred.
Experience using e-Builder project management system
*****For Consideration - Interested applicants should provide a cover letter expressing interest for this role and a resume.****
Job Location - City, StatePhiladelphia, PennsylvaniaAccountant/Financial AnalystDepartment / SchoolFacilities and Real Estate ServicesPay Range$51,824.00 - $78,000.00 Annual RateSalary offers are made based on the candidate's qualifications, experience, skills, and education as they directly relate to the requirements of the position, as well as internal and market factors and grade profile. Affirmative Action Statement
Subscribe to job alerts and upload your resume!
*By registering with our site, you agree to our
Terms and Privacy Policy.
|
|
|