Title: Senior Cash Management Accountant
State Role Title: Financial Services Manager I
Hiring Range: Up to $65,000, Commensurate with education and experience
Pay Band: 4
Agency: Virginia State University
Location: Virginia State University
Agency Website: vsu.edu
Recruitment Type: General Public - G
Job Duties
"Greater Happens Here"
Monitor federal grants, contracts and financial aid programs for expenditures requiring reimbursement, on a routine weekly basis. Calculate available reimbursement and submit draw-down request. Prepare quarterly and annual required financial reports relating to program expenditures and authorizations, within 15 days of due date. Work close with Grant Manager and Principal Investigators to ensure expenditures are in compliance with agreements and discrepancies are corrected in a timely manner.
Daily as needed, process electronic funds payment request for Federal Grants, Contracts and Financial Aid program drawdowns, via internet or manual Invoices. Ensure wire transfer request is properly coded and submit original to General Accounting for posting into Banner. Maintain log of incoming/outgoing wires processed by office, attaching copy of credit/debit advice. Maintain log of Revenue Refund Vouchers submitted to DOA for reimbursement.
Review and approve expenditures charged to the University’s Petty Cash account. Monthly, reconcile petty cash account and prepare request for reimbursement of petty cash expenditures, within 14 workdays after the previous month end. Perform unannounced, routine audits of university change funds twice a year. Prepare and submit adjusting entries related to petty cash expenditures, within one week of reconciliation. Prepare and submit the annual petty cash certification (GLA-103) to DOA. Submit all reconciliations for final review and approval.
Daily, as needed, assist in the printing of local and emergency checks. Verify supporting documentation and signature authority. Print, sign checks, verify Banner fund, complete Treasury Office section on request and deliver prepared checks to Cashiers Office for distribution. Return distributed check documentation to office. Separate, DOA reimbursables, Petty Cash and true local check request and distribute/file accordingly. Maintain inventory and safekeeping of check stock and signature keys. Analyze and process electronic wire transfer request to/from University Bank accounts and vendors and process stop payment authorizations.
Monitor, analyze and record incoming REDI VA (Department of Accounts EDI Payments). Accurately update Revenue Refund Voucher Logs as EDI payments are received. Prepare and submit journal entries and/or wire transfers with supporting documentation attached. Reconcile and ensure timely reimbursement of local I/P clearing account.
Monthly, verify Local and State outstanding check listings. Process due diligence requirements for 6-month-old checks. Void checks for non-respondents and re-issue checks for respondents, once verified. Timely and accurately prepare and submit reports and payment per State guidelines for all University unclaimed checks and property to the State Treasurer.
Investigate and look for opportunities to enhance office efficiencies. Explore alternatives and recommend changes to promote staff productive and/or internal controls. Draft desk procedures for changes that have been submitted and approved by Management. Take lead role in completing assigned special projects.
Minimum Qualifications
Knowledge-Skills-Abilities and or Competencies required to successfully perform the work:
Demonstrated ability to analyze, interpret and carry out complex fiscal policies and procedures, i.e. GASB, CAPP, AICPA, CFDA, NACUBO and OMB Uniform Guidance.
Demonstrated ability to prepare financial reports and statements. Proficient in the use of PC applications, i.e. MSWord, Excel and Access.
Considerable knowledge of Generally Accepted Accounting Principles and Practices (GAAP), and pronouncements of the Governmental Accounting Standard Board (GASB), as they apply to Colleges and Universities.
Working knowledge of Fund and Grant accounting concepts and practices particular to Colleges and Universities.
Demonstrated ability to analyze, interpret, and apply complex policies and procedures; and prepare reports and statements covering complex financial data.
Demonstrated ability to work independently with moderate supervision as well as in a team environment and communicate effectively, both verbally and in writing.
Demonstrated ability to apply and adapt accounting principles and methods to a variety of agency or institution fiscal needs.
Some familiarity and/or experience with the Commonwealth of Virginia CAPP manual; and experience working with and/or some knowledge of the chart of accounts.
Knowledge of banking practices related to cash management is a plus. Working knowledge of automated accounting systems and computer applications as a resource tool.
Additional Considerations
Bachelor's degree in accounting or possess and equivalent combination of education, training, and experience is preferred.
Demonstrated knowledge working with the Banner and Cardinal accounting systems is a plus.
Special Instructions
You will be provided a confirmation of receipt when your application and/or résumé is submitted successfully. Please refer to “Your Application” in your account to check the status of your application for this position.
Special Instructions to Applicants:
Virginia State University is committed to providing equal employment opportunities for all persons and applicants, without regard to age, color, disability, gender, national origin, political affiliation, genetic information, race, religion, sexual orientation, sex (including pregnancy) or veteran status. VSU encourages and invites minorities, women, individuals with disabilities, and veterans to apply.
AmeriCorps, Peace Corps, and other national service alumni are encouraged to apply.
HOW TO APPLY:
Virginia State University only accepts applications for this position through the on-line state Recruitment Management System (Page Up). Faxed, e-mailed, and mailed applications and/or attachments will not be accepted. The application must be detailed and fully completed. All employment and periods of unemployment (if applicable) must be listed within the application; either on an attached resume or manually listed in the “Relevant Work History” section. Each application is reviewed for documentation that shows the applicant meets the minimum and preferred qualifications stated in the job announcement. The decision to interview an applicant is based on the information provided on the application, therefore, it is essential to fully complete each section of the application and provide descriptive information. Submitting an incomplete state application, or a state application lacking in detail, may result in your non-selection. This website will provide a confirmation of receipt when the application is submitted for consideration.
Applications will be accepted until the position is filled. Interested persons must attach a cover letter and a current resume/c.v to the online application. Official transcripts will be required at the time of employment.
The selected candidate will be subject to an extensive and complete background check, which may include fingerprinting. The candidate may be required to complete a Statement of Economic Interest as a condition of employment, if applicable.
Commonwealth’s Alternative Hiring Process:
In support of the Commonwealth’s commitment to inclusion, we are encouraging individuals with disabilities to apply through the Commonwealth Alternative Hiring Process. To be considered for this opportunity, applicants will need to provide their Certificate of Disability (COD) provided by a Certified Rehabilitation Counselor within the Department for Aging & Rehabilitative Services (DARS). Veterans are encouraged to answer Veteran status questions and submit their disability documentation, if applicable, to DARS to get their Certificate of Disability. If you need to get a Certificate of Disability, use this link: https://www.vadars.org/drs/cpid/PWContact.aspx , or call DARS at 800-552-5019.
Contact Information
Name: Boatemaa Nyarko-Brentuo
Phone: 804-524-5083
Email: bnyarko-brentuo@vsu.edu
In support of the Commonwealth’s commitment to inclusion, we are encouraging individuals with disabilities to apply through the Commonwealth Alternative Hiring Process. To be considered for this opportunity, applicants will need to provide their AHP Letter (formerly COD) provided by the Department for Aging & Rehabilitative Services (DARS), or the Department for the Blind & Vision Impaired (DBVI). Service-Connected Veterans are encouraged to answer Veteran status questions and submit their disability documentation, if applicable, to DARS/DBVI to get their AHP Letter. Requesting an AHP Letter can be found at AHP Letter or by calling DARS at 800-552-5019.
Note Applicants who received a Certificate of Disability from DARS or DBVI dated between April 1, 2022- February 29, 2024, can still use that COD as applicable documentation for the Alternative Hiring Process.
The Commonwealth of Virginia is located in the South Atlantic region of the United States. It was the 10th state to be admitted to the Union on June 25, 1788. Home to approximately 8 million residents, Virginia is the 12th most populous state in the United States. The capital is Richmond, and its most populous city is Virginia Beach.
The narrative history of the Commonwealth of Virginia often begins with the founding of Jamestown in 1607, near what is now modern day Williamsburg, Virginia. Jamestown became the first permanent English settlement in the New World, and the Virginia General Assembly, established on July 30, 1619, is now recognized as the oldest legislative body in the western hemisphere. When Virginia became a royal colony in 1624, the robust tobacco trade that had been developing in Virginia helped establish the American colonies as a powerful economic force. During the American Revolution, Virginia witnessed the final surrender of British forces at Yorktown and later became known as the birthplace of many revolution-era figures and future American presidents, including George Washington and Thomas Jefferson. To date, 8 United States presidents have been born in Virginia, more than in any other state.
The modern government of Virginia is nearly identical in structure to the federal government, and is divided into 3 branches, these being the executive, legislative, and judiciary branches. The Virginia General Assembly is comprised of the 100-member House of Delegates and the 40-member Senate. A governor and lieutenant governor are elected every 4 years. Governors cannot be elected to or serve consecutive terms. Virginia’s judicial system consists of the Supreme Court of Virginia and the Court of Appeals of Virginia, the Circuit Courts, and the lower General District Courts and the Juvenile and Domestic Relations District Courts. Virginia has 13 electoral votes in presidential elections, and possesses 11 seats in the U.S. House of Representatives.
