Job Type

Full-time

Description

SUMMARY:

MCAD is seeking an Accountant. The Accountant is responsible for maintaining accurate financial records; monitoring adherence to internal controls and fiscal policies; overseeing compliance and reporting for various tax filings; assisting with annual audits; overseeing compliance and reporting of various tax filings; and providing assistance and support to the Controller as needed. The Accountant must be sensitive to college needs, employee and student goodwill, and overall brand equity of MCAD as an employer and educational institution.

DETAILS: This is a full time exempt position, expected to work 35 hours a week. This position is paid $58,000 - $62,000 annually.

PRIMARY RESPONSIBILITIES:

Maintains accurate financial records

Reconciles bank statements and balance sheet accounts monthly.

Reviews and posts activity to the general ledger.

Prepares monthly journal entries to record investment activity; fixed assets, capital and depreciation; lease activity; and restricted activity.

Analyzes unrestricted operating activity.

Reviews disbursements for accuracy and reasonableness.

Manages inventory and fixed assets.

Coordinates timely monthly closing with accounting staff and Controller.

Assesses and monitors adherence to internal controls and fiscal policies

Administers purchasing accounts, corporate credit cards, and merchant services.

Ensures documentation and approvals are appropriate for all disbursements, deposits, and journal entries.

Reviews credit card statements for compliance to internal controls.

Verifies vendor maintenance records for accuracy and tax implications.

Assists with annual audit preparations

Prepare fiscal year end journal entries.

Perform account analysis and year end accruals.

Gather documentation and assist with requests for data/information.

Oversees compliance and reporting for variance tax filings.

Reviews disbursements for accurate tax treatment.

Oversees annual 1099 tax reporting and filing.

Monitors foreign payments and files annual 1042 taxes.

Processes monthly sales tax payments.

Performs other duties as assigned by Controller

Provide backup support to Business Office Associate and General Ledger Accounting Associate.

Assist in the cross-training of all accounting functions and duties.

Assist with annual unclaimed property reports.

Review, develop and update procedure manuals/process maps, files, and forms.

Stay abreast of FASB, tax, accounts payable and higher education industry regulations and changes; assure compliance with applicable laws, regulations and best practices.

Other duties as assigned.

Represents MCAD's vision, purpose, and values in day to day work and interactions with MCAD students, staff, faculty, and campus guests, as well as the greater community.

Requirements

EDUCATION & EXPERIENCE

Bachelor's Degree in Accounting, or related field required, or equivalent combination of education and experience totaling 4 years required.

3 or more years of nonprofit fund accounting experience preferred; Higher Education experience a plus.

Microsoft Office Suite (Excel, data tables, etc.) and Google Suite experience.

Strong attention to detail; problem solving skills and technical aptitude.

Demonstrated ability to work independently, excellent communication skills, and ability to collaborate effectively across departments.

ENVIRONMENT: This position operates in a professional office environment. This position requires the ability and willingness to closely partner with team members and colleagues in other departments. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets. While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand; walk; use hands to finger, handle or feel; and reach with hands and arms. Upon request, reasonable accommodation will be provided to successfully perform the essential functions of this job.

BENEFITS: MCAD's community of staff and faculty enjoy a dynamic, creative, and inclusive work environment. We offer a comprehensive benefits package which includes medical, dental, vision, and 403(b) retirement plans, commuter benefits, and employer paid basic life insurance policy, short term and long-term disability coverage. MCAD promotes work life balance with a 35 hour work week, 14 paid holidays, an additional two personal holidays, accrued vacation time, accrued vacation time, accrued sick time, volunteer time off, as well as additional summer days. In addition, after six months of service, full-time employees and their eligible dependents can receive free tuition at MCAD, as well as the potential to receive reduced tuition at more than 600 colleges nationwide.

BACKGROUND: Founded in 1886, Minneapolis College of Art and Design is located in the rich creative community of the Twin Cities. Recognized nationally and internationally for its innovative approaches to art and design education, MCAD is home to approximately 800 students from 45 states and 15 countries. The college offers bachelor's degrees in fourteen disciplines including arts entrepreneurship, design, fine arts, and media arts; one MFA; three online master's degrees; and continuing education classes for all ages. Through the core curriculum, students focus on their careers and craft by learning technical and professional skills while developing their creative leadership capabilities.

MCAD is especially interested in candidates from under-represented groups as well as individuals who have experience with diverse populations who can contribute to the diversity and excellence of the MCAD community. MCAD welcomes diversity of identity, experience, and thought. Members of marginalized communities are encouraged to apply.

Salary Description

$58,000 - $62,000 annually