GENERAL ACCOUNTANT 1 - BENEFIT PLAN ACCOUNTING Job Listing at University of California in Oakland, CA (Job ID 68435)

Description

Job Posting

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Position Base
Oakland

Location
UCOP - Franklin Building

Department Overview
Benefit Plan Accounting (BPA) is responsible for financial management and reporting functions in connection with the University of California Retirement System (UCRS), including the University of California Retirement Plan (UCRP), the University of California Retirement Savings Program (UCRSP), the Health and Welfare Program and the University of California Retiree Health Benefit Program. These functions include financial transactions, financial reporting and analysis, financial audit coordination and internal control assessment and monitoring. 

Position Summary
The Benefit Plan Accounting team, under the direction of the Associate Vice President - Systemwide Controller, offers an entry level position interested in exploring a career in accounting and higher education. The University of California is renowned the world over for combining academic and research excellence with unparalleled student access. As part of the BPA team, the Accountant will use and apply accounting practices and standards in analyzing and reporting accounting data. The entry-level professional will learn to use concepts to resolve problems of limited scope and complexity; work on assignments that are initially routine in nature, requiring limited judgment and decision making. Employees at this level are expected to acquire the skills and knowledge to perform more advanced work following an agreed upon time in position, through defined training and development planning. 

Key Responsibilities

• 55% Accounting: • In collaboration with the Retirement Administration Service Center (RASC), coordinate and review retiree payment history for over payments. • Research, resolve, and respond to requests related to stop-payment/replacement checks, returned checks, historical payment information, bank-related inquiries. • Maintain accounting spreadsheets. • Ensure retirement system-generated general ledger files are accurate and available for processing in the general accounting system. • Research and resolve general ledger file validation errors. • Upload general ledger files and prepare/update entries in the general accounting system, as needed. 
• 30% Banking: • Conduct initial review of bank fees; research payment status. • Review daily bank direct deposit notices of change and returns of deposit. • Process requests from RASC Member Services in order to issue replacement checks. • Prepare check cancellation requests with the bank to remove from "positive pay". • Update the stale-dated check log for bank reconciliation. • Retrieve and save bank information, including the monthly bank account and client analysis statements for review or historical purposes. • Receive checks from RASC related to the UC retirement plan and UC health and welfare benefit accounts and process them for deposit at the bank. 
• 10% Reporting: • Gather data and create monthly reports from the UC systems, maintain payment counts and other totals history. • Prepare ad hoc reports, as needed. 
• 5% Under direct supervision, responsible for providing analytical support for simple to moderate accounting projects.

Skills and Abilities
Required Qualifications

• Basic accounting-related skills.
• Ability to gather, organize, and perform basic accounting related analysis to complete work assignments.
• Ability to effectively communicate verbally and in writing.
• Basic knowledge of financial transactions and systems, as well as related policy, accounting, and regulatory compliance requirements.
• Basic knowledge of common desktop / web applications.

Education
Required Qualifications

• Associate degree in related area and / or equivalent experience / training 

Travel Requirements
0%

SPECIAL CONDITIONS

This position is approved for a hybrid work arrangement. The selected hire is required to report to work in Oakland, CA on Tuesdays and Wednesdays each week.

SALARY AND BENEFITS

Job Title
General Accountant 1

Job Code
007737

Salary Grade
Grade 17

Payscale:
$27.30 - $32.00/hour (approximately $57,000 - $67,000 annual), commensurate with experience

Full Salary Range:
$49,900 - $82,900

The University of California, Office of the President, is required to provide a reasonable estimate of the compensation range for this role. This range takes into account the wide range of factors that are considered in making compensation decisions including but not limited to experience, skills, knowledge, abilities, education, licensure and certifications, and other business and organizational needs. It is not typical for an individual to be offered a salary at or near the top of the range for a position. Salary offers are determined based on final candidate qualifications and experience. The full salary range shows the growth potential for this position and the pay scale is the budgeted salary or hourly range that the University reasonably expects to pay for this position.

Benefits: For information on the comprehensive benefits package offered by the University visit: Benefits of Belonging

ADDITIONAL INFORMATION

HOW TO APPLY

Please be prepared to attach a cover letter and resume with your application.

APPLICATION REVIEW DATE

The first review date for this job is May 16, 2024. The position will be open until filled.

CONDITIONS OF EMPLOYMENT

Background Check Process: Successful completion of a background check is required for this critical position. Background check process at UCOP

Smoke Free Work Environment: The University of California, Office of the President, is smoke & tobacco-free as of January 1, 2014. UC Smoke & Tobacco Free Policy

As a condition of employment, you will be required to comply with the University of California Policy on Vaccination Programs, as may be amended or revised from time to time. Federal, state, or local public health directives may impose additional requirements.

EEO STATEMENT

The University of California, Office of the President, is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age or protected veteran status. EEO/AA Employer UC Nondiscrimination Policy

The University of California, Office of the President, strives to make this job board accessible to any and all users. If you have comments regarding the accessibility of our website or need assistance completing the application process, please contact us at: Accessibility or email the Human Resource Department at: epost@ucop.edu.