Accounting Analyst 1 (Entry Level)

This position is an unclassified position in the Financial Accounting and Reporting division in the Office of Accounting Services at LSU. The position is responsible for bank account reconciliations, preparation of unclaimed property, footnote and financial statement preparation, appropriation draws, monitoring petty cash accounts, auditing internal billings and cost transfers, and assisting with the University’s F&A rate proposal.

40% Prepares seven bank account reconciliations for various LSU System campuses. Administers the University's Workday reconciliation system. Monitors all clearing accounts associated with the bank reconciliations, including balancing those accounts on a monthly basis and ensuring they are adjusted at yearend. Processes monthly cash journal entries based on electronic deposits received on behalf of university departments and other LSU System campuses. Responsible for state cash reporting, not limited to ACT 587 report.

20% Provides assistance to faculty, staff, students, and vendors in all matters related to university-issued checks, including processing stop payments, cancellations, and reissues. Receives all returned checks and assesses the issue independently or with the university contact. Coordinates the annual reporting of Unclaimed Property to the State Treasurer's Office.

20% Requests the drawdown of funds from the State Treasurer's Office, including general state appropriations and statutorily dedicated funds. Collaborates with University administration and state agencies to ensure all available funds are drawn appropriately. Accounts for the disbursement of funds timely to all other LSU campuses and ensures they properly record their appropriations and update respective budgets. Maintains control of petty cash accounts; monitors accounting procedures to ensure that all reimbursements are made in compliance with University petty cash policies; audits petty cash accounts annually and updates records for custodians and locations of such funds.

10% Audits and approves internal billings and cost transfers for propriety and completeness. Communicates with campus departments to assist with problem resolution when compliance issues arise. Reviews EIBs from departments and other campuses for accuracy and notifies the supervisor once they are approved and ready for upload into Workday.

10% Prepares accruals, adjustments, closing entries, GASB 35 entries, and footnotes at fiscal yearend to be included in the LSU System’s Annual Financial Report. Runs cumulative error reports and initiates EIB corrections or journal corrections for accounting errors in Workday. Performs other duties and additional projects as assigned by the Assistant Director, Associate Director, and Director. 

Minimum Qualifications:

Bachelor's degree in Accounting or a closely related field with 24 hours of college accounting

LSU values skills, experience, and expertise. Candidates who have relevant experience in key job responsibilities are encouraged to apply—a degree is not required as long as the candidate meets the required years of experience specified in the job description.

Preferred Qualifications:

Bachelor's degree in Accounting

Physical Qualifications:

This position requires the physical ability and eye-hand coordination necessary to use a computer terminal, calculator, laptop, tablet, copier, telephone, and other office equipment. This position requires the ability to sit in the same position for extended periods (3.5 to 4 hours) at a time using continuous hand motions when using a calculator or entering data into the computer system. This position requires the ability to communicate clearly and effectively through the use of phone, email, and direct contact with individuals (including conducting training sessions and presentations). Scheduled or non-scheduled overtime may be required to meet the needs of the division.

Background Check - An offer of employment is contingent on a satisfactory pre-employment background check.

Benefits - LSU offers outstanding benefits to eligible employees and their dependents including health, life, dental, and vision insurance; flexible spending accounts; retirement options; various leave options; paid holidays; wellness benefits; tuition exemption for qualified positions; training and development opportunities; employee discounts; and more!

Positions approved to work outside the State of Louisiana shall be employed through Louisiana State University’s partner, nextSource Workforce Solutions, for Employer of Record Services including but not limited to employment, benefits, payroll, and tax compliance. Positions employed through Employer of Record Services will be offered benefits and retirement as applicable through their provider and will not be eligible for State of Louisiana benefits and retirement.

All candidates must have valid U.S. work authorization at the time of hire and maintain that valid work authorization throughout employment. Changes in laws, regulations, or government policies may impact the university’s ability to employ individuals in certain positions.