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 Pennâ™s distinctive interdisciplinary approach to scholarship and learning.
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 Title
Accountant/Financial Analyst Sr.
Job Profile Title
Accountant/Financial Analyst Senior
Job Description Summary
Under the supervision of the Director of Accounting Operations in SRFS, this position is responsible for the oversight, accounting and reporting for the Federal and University loan funds to ensure accurate records and compliance with all regulatory agencies and requirements. The position will also complete a comprehensive monthly analysis and quarterly reporting for University Federal and Institutional Loan portfolios as well as outstanding tuition receivable accounts. The position is responsible for maintaining integrity of reserve levels in accordance with GAAP regulations, will prepare monthly journal entries and calculate drawdown of Federal funds. The position will also prepare business control metrics to monitor asset and liability accounts under SRFS responsibility. Working with external auditors annually, this position will review reconciliation and reporting of SRFS programs.
Comprehensive analysis of tuition receivable collectability, revenue projection, institutional loan recovery, repayment and default trends. Provide analysis and reports to Executive Management. Ensures compliance with HRSA, Dept. of Ed, FAS 5 accounting for contingent liabilities using complex accounting & federally mandated awarding & disbursement rules. Prepares monthly, quarterly, annual reconciliations & reports, implements & monitors FAS 5 reporting, implements Federal reporting requirements, prepares HRSA & Dept. of Ed annual external reports. Prepares monthly journal entries & reconciliation on 3rd party vendor accounting for loan receivable, revenue recognition, quarterly control metrics, calculates drawdown of Federal funds. Implements new processes required by regulatory changes, assists schools with business controls, prepares business control metrics for asset & liability accounts, provides analysis to Comptroller
Required: Bachelorâ™s degree in Accounting or Finance and 3-5+ years of experience (5+ years of experience preferred), or equivalent combination of education and experience, are required.
Ability to manipulate and analyze large and complex data.
Proficiency with Microsoft Office Products (Word, Excel, and PowerPoint
Strong communication (written & verbal), problem-solving and organizational skills
Office, library, computer room
Physical Effort: Typically seating at a desk or table.
Job Location - City, State
Department / School
Division of Finance
$59,703.00 - $113,435.00
Affirmative Action Statement Penn adheres to a policy that prohibits discrimination on the basis of race, color, sex, sexual orientation, gender identity, religion, creed, national or ethnic origin, citizenship status, age, disability, veteran status, or any other legally protected class.
Special Requirements Background check required after a conditional job offer is made. Consideration of the background check will be tailored to the requirements of the job.
Internal Number: JR00002922
About University of Pennsylvania
Penn has a long and proud tradition of intellectual rigor and pursuit of innovative knowledge, begun by Benjamin Franklin in 1740. That tradition lives today through the creativity, entrepreneurship, and engagement of our faculty, students, and staff. Academic life at Penn is unparalleled, with an undergraduate student body of 10,000 from every U.S. state and around the world. The entering class of 2015 is the most talented and diverse in Penn's history. Consistently ranked among the top 10 universities in the country, Penn welcomes an additional 10,000 students to our top-ranked graduate and professional schools.