Accounting Officer

All Job Postings will close at 12:01 a.m. CT on the specified Closing Date (if designated).

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Job Description

This position will perform fiscal management functions and accounting work for Ridgewater College by providing leadership in accounting reconciliation processes, compliance monitoring, financial reporting, financial transaction processing (banking, purchasing, disbursement, payroll, grants, etc.)

This position applies knowledge in accounting to provide financial management analysis, consultation and training for the college.

Principle Responsibilities include:

• Financial management of grants (federal, state, private), projects, and agreements. Maintain chart of accounts to reflect accurately the cost of grant/project operations. Monitor the financial data throughout the grant/project period ensuring expenses are within parameters of grant/project. Provide required financial reports, complete reimbursement requests for federal and state grants and submit to grantor and assist grant director with close-out requirements including audit. Prepare invoicing per grant/interagency agreements. Reconcile special allocations and grants with SWIFT to ensure accuracy.

• Provide accounting services to ensure lease agreements, PSEO contracts and college revenue activities are accurate and completed according to deadlines. Determine cash flow assistance and monitor appropriations and the year-end closing of all appropriations. Regularly review and monitor:

• Provide budget summary and detail reports monthly and upon request. Interpret and audit budget reports, provide details, identify discrepancies and initiate the appropriate correction. Determine, initiate and communicate the appropriate action to resolve issues; this may include a journal entry, expenditure correction, purchasing adjustments or a budget revision. Ensure expenditures are properly recorded in Minnesota State Accounting System within the guidelines of Ridgewater College, Minnesota State and State of Minnesota policies and procedures.

• Perform other duties as assigned to ensure the smooth functioning of the department and maintain the reputation of the organization as a viable business partner.

Salary Range:

$24.40- $35.30 /hourly ::: $50,947 -$73,706/annually

Minimum Qualifications

• Two years of work-related experience.  A Bachelor's degree may substitute for 12 months, and an Associate's degree may substitute for 6 months.

• Skilled in accounts receivable and computerized billing systems, with the ability to accurately enter, access, and correct financial data.

• Experienced in accounting systems, capable of querying and compiling records, preparing reports, and supporting the development of spending plans, financial status updates, and budget requests.

• Knowledge of basic accounting procedures, ensuring compliance with Generally Accepted Accounting Principles (GAAP) and maintaining precise, complete financial records.

• Skilled in analyzing, interpreting, reconciling, and preparing financial information; adept at identifying discrepancies and recommending effective solutions to procedural or fiscal issues.

• Ability to interpret and explain accounting and related fiscal policies, procedures, and practices to customers

• Knowledge of business practices, principles, and protocols as applied to disbursements, purchasing and receipts techniques

Preferred Qualification 

• Associate’s degree in Accounting, Business, or a related field.
• Demonstrated ability to organize, prioritize, and perform effectively under pressure while meeting deadlines with accuracy; adaptable to acquiring new skills and knowledge as responsibilities evolve.
• Familiarity with ISRS, MnSCU Accounting, Workday, Microsoft Office Suite, credit card systems, State of Minnesota eServices (DOR collections), and Perceptive Content.
• Hands-on experience with document management systems, including setup and ongoing maintenance (e.g., Perceptive Content).
• Competence in developing and documenting procedures, recommending best practices, and revising processes in response to changing requirements and technologies.
• Commitment to fostering inclusivity, with demonstrated knowledge of and interest in diverse cultures and populations.
• Proven ability to maintain confidentiality and handle sensitive information with discretion.

Other Requirements

Applications Must Include:

• Resume
• Cover Letter

Additional Requirements

In accordance with the Minnesota State Colleges & Universities (MnSCU) Vehicle Fleet Safety Program, employees driving on college/university business who use a rental or state vehicle shall be required to conform to MnSCU’s vehicle use criteria and consent to a Motor Vehicle Records check.

Work Shift (Hours / Days of work)

Monday – Friday, 8:00AM-4:30PM

Telework (Yes/No)

No, this position is not telework or remote

About

Institution Information

MISSION: Ridgewater College empowers diverse learners to reach their full potential and enrich their lives through personalized and relevant education in an accessible, supportive, and inclusive environment.

VISION: Ridgewater College is a student-centered educational leader focused on innovation, excellence and affordability.

GUIDING PRINCIPLES:

• Enterprising- We are future-focused, and change-oriented, developing creative solutions to challenges that maximize our institutional, system and local resources.

• Empowerment – We develop and empower employees to make decisions to best serve students and stakeholders.

• Excellence – We strive to exceed expectations in all that we do.

• Diversity, Equity, and Inclusion – We seek to understand and appreciate the needs and experiences of every individual and actively work to provide genuine opportunities for everyone to succeed and participate in college activities and processes.

• Trust and Respect – We are committed to developing a culture based in processes and behavior that create trust and respect among all stakeholders.

• Collaboration – We connect and work together to achieve common goals while respecting needs and interests of stakeholders.

• Curiosity and Creativity – We constantly strive to understand, learn, change, and improve.

• Accountability – As individuals and groups, we willingly accept and take ownership of our successes and failures.

Benefits Information:

At Minnesota State, we take your well-being and work-life balance seriously. We offer a comprehensive benefits package that features low-cost medical and dental insurance with affordable deductibles, employer-paid life insurance, short- and long-term disability, and pre-tax healthcare and dependent care accounts with a roll-over option. To further support your holistic health, employees also have access to a confidential Employee Assistance Program (EAP) for mental health, legal, and financial counseling. Detailed plan details, rates, and coverage choices can be reviewed directly via the State Employee Group Insurance Program (SEGIP) website.

To support your life outside of work, our package includes 12 paid holidays, generous vacation and sick time, and six weeks of Paid Parental Leave. We also help you secure your financial future with a robust Pension Plan, 457(b) and 403(b) retirement accounts, and various investment options. Furthermore, we invest in your growth by providing dedicated professional development and tuition waivers for both you and your dependents. Please note that specific benefit eligibility and coverage levels may vary depending on the type of position, employee classification, and collective bargaining agreements.

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