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Posted: 07-Jan-25
Location: Rochester, Minnesota
Categories:
Internal Number: JOB_POSTING-3-4411
Job Summary
This position will perform other reporting functions, including, but not limited to, the FISAP yearly report for Federally Funded Programs, indirect cost studies, and financial analysis for program review. This position will prepare and publish financial reports for all auxiliary enterprises and agency held funds. This position assists in developing budget scenario analysis. This position assists in ensuring compliance with Governmental Accounting Standards (GASB), Generally Accepted Accounting Principles (GAAP) and other applicable financial standards. This position will reconcile deposits between Minnesota State and the Statewide Integrated Financial Tool (SWlFT).
Responsibilities:
- Prepare financial reports utilizing ISRS, Power BI, and Excel. Ensure financial transactions are recorded accurately in compliance with GASB and GAAP.
- Daily Deposits, Sweeps, and Reconciliations
- Function as a capable backup for essential business office operational areas
- Strengthen internal control processes in accordance with Minnesota State requirements
- Perform other duties as assigned to ensure the smooth functioning of the department and maintain the reputation of the organization as a viable business partner
Minimum Qualifications
- Thorough knowledge and understanding of accounting and budgeting practices and procedures.
- Ability to provide accurate, detailed analysis of complex information and issues as well as ability to prepare, analyze, and interpret budgets for auditing and reporting requirements.
- Working knowledge and experience in applying the principles of GASB, FASB, and generally accepted accounting principles.
- High degree of technical proficiency in various computer applications, such as: Microsoft programs including Word, Excel, and Access, and database management and reporting programs including Hyperion.
- Communications skills, both oral and written, necessary to provide accurate information in a tactful and professional manner.
- Ability to communicate accounting concepts, principles, policies, and reports with non accounting clientele in a way that maximizes understanding for all parties.
Preferred Qualifications
- Two years accounting or budgeting experience; an associate degree may substitute for 6 months of experience.
- Thorough knowledge of state and federal policies and regulations as they relate to the functional areas of the position.
- Two years of higher education experience
- A bachelor's degree in accounting or a finance related field
- CPA certificate
- Strong interpersonal skills that include sensitivity, diplomacy, and confidentiality.
*Initial consideration will be given to all applications received by midnight on Monday January 27th, 2025.
About Minnesota State
Rochester Community and Technical College (RCTC) is a comprehensive two-year college in the Minnesota State System. RCTC offers over 70 programs in 10 pathways with both liberal arts and career/technical education academic options.
Working together to improve the state we love.
What do Minnesota's State employees have in common?
- A sense of purpose in their work
- Connection with their coworkers and communities
- Opportunities for personal and professional growth
Benefits
As an employee, you'll have access to one of the most affordable health insurance plans in Minnesota, along with other benefits to help you and your family be well.
Your benefits may include:
- Paid vacation and sick leave
- 12 paid holidays each year
- Low-cost medical, dental, vision, and prescription drug plans
- Fertility care, including IVF
- Diabetes care
- Dental and orthodontic care for adults and children
- 6 weeks paid leave for parents of newborn or newly adopted children
- Pension plan that provides income when you retire (after working at least three years)
- Employer paid life insurance to provide support for your family in the event of death
- Short-term and long-term disability insurance that can provide income if you are unable to work due to illness or injury
- Tax-free expense accounts for health, dental, and dependent care
- Resources that provide support and promote physical, emotional, social, and financial well-being
Support to help you reach your career goals:
- Training, classes, and professional development
- Tuition reimbursement
- Federal Public Service Loan Forgiveness Program (Some positions may qualify for the Public Service Loan Forgiveness Program. For more information, visit the Federal Student Aid website at studentaid.gov)
Employee Assistance Program (EAP) for work/life support:
- A voluntary confidential program that helps employees and their families with life challenges that may impact overall health, personal well-being, or job performance
- Common sources of stress can be addressed through the EAP: mental health, relationship challenges (personal and work), grief and loss, finances, and legal issues
- Daily Living/Convenience Services: Chore services, home repair, trip planning, child/elder care
Programs, resources and benefits eligibility varies based on type of employment, agency, funding availability, union/collective bargaining agreement, location, and length of service with the State of Minnesota.
Other Information
Employment information for this position can be found in its collective bargaining agreement or its plan document at http://mn.gov/mmb/employee-relations/labor-relations/Labor/.
The safety of all members of the Rochester Community and Technical College campus community is of vital concern. Resources including the current Annual Security Report are available at our Campus Safety webpage.
Work Shift (Hours / Days of work)
40 Hours a Week / Monday - Friday / 8AM-4:30PM
Telework (Yes/No)
At RCTC, occasional and situational telework is welcomed for some roles. Our aim is to ensure that the needs of our students, employees, and the College are consistently met. This position is based at RCTC in Rochester, Minnesota, where relationships and the needs of our students and employee's matter.
About
Established in 1915, Rochester Community and Technical College is the largest higher education provider in the fastest-growing city in Minnesota, serving more than 6,800 students a year in credit courses and nearly 4,000 in non-credit continuing and workforce education programs. RCTC combines the best in liberal arts, technical, and life-long learning with more than 70 credit-based programs and over 100 credential options. RCTC?s expansive 518-acre campus includes university partnerships, a diverse student body, and a vibrant student life program. RCTC provides a unique learning environment that offers the feel of a four-year university campus with the commitment to access and opportunity of a two-year college.
