Hybrid Full-time

Penn State is hiring an Accounting Associate

About the Role

Penn State is looking for an Accounting Associate to provide crucial support for the University’s financial operations. You will perform a variety of accounting and financial activities, ensuring accurate records and compliance while serving as a point of contact for university departments.

What You'll Do

  • Maintain and update financial records with a high level of accuracy and attention to detail.
  • Review accounting records to ensure accuracy, completeness, and proper classification and coding of income and expenditures.
  • Process accounting transactions, including billing-related activity, journal entries, and reconciliations.
  • Identify accounting discrepancies, make necessary corrections, and update financial databases accordingly.
  • Verify, reconcile, and correct financial data to ensure compliance with University policies, financial recording standards, and accounting best practices.
  • Analyze and approve journal entries in accordance with established financial policies and procedures.
  • Coordinate with University departments, suppliers, and other stakeholders to resolve accounting issues, reconcile statements, and provide documentation or clarification.
  • Compile, organize, and maintain financial data to support internal management reports and external reporting requirements.
  • Enter, retrieve, and maintain accurate financial information using computerized accounting and financial systems.
  • Provide general guidance to departments and customers regarding accounting policies and procedures.
  • Serve as a point of contact for internal and external stakeholders, responding to accounting-related inquiries in a clear, accurate, and timely manner.
  • Monitor compliance with institutional policies and procedures related to financial recording and reporting.

What We're Looking For

  • Strong verbal and written communication skills.
  • Ability to collaborate effectively with coworkers and University stakeholders.
  • Excellent organizational skills and attention to detail.
  • Demonstrated ability to analyze financial data, identify discrepancies, and resolve issues.
  • Effective problem-solving and decision-making skills.
  • Ability to manage multiple tasks and meet deadlines.
  • Commitment to maintaining confidentiality and integrity of financial information.
  • For Accounting Associate - Senior Support: Associate Degree and 4+ years of relevant experience; or an equivalent combination of education and experience.
  • For Accounting Associate - Intermediate Support: General Equivalency Diploma (GED) or High School (HS) and 2+ years of relevant experience; or an equivalent combination of education and experience.
  • Successful completion of background check(s) and credit history check.
  • Must be authorized to work in the U.S.

Team & Environment

Positions could be placed within the General Accounting or Internal Billing departments.

Benefits & Compensation

  • Compensation: $38,300.00 - $61,000.00
  • Comprehensive medical, dental, and vision coverage.
  • Robust retirement plans.
  • Substantial paid time off including holidays, vacation and sick time.
  • Generous 75% tuition discount for employees and eligible spouses and children.

Work Mode

This role operates in a hybrid work mode.

Penn State is an equal opportunity employer committed to providing employment opportunities to all qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.

Required Skills
AccountingFinancial ReportingGAAPAccounts PayableAccounts ReceivableGeneral LedgerFinancial AnalysisReconciliationComplianceERP SystemsMicrosoft ExcelCommunication
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Posted 2 months ago