Sr. Accountant
 Johns Hopkins University | |
 United States, Maryland, Baltimore | |
 Nov 25, 2024 | |
|
The Department of Interentity Shared Services seeks a Sr. Accountant. This individual will oversee financial transactions relating to intercompany transactions between the Johns Hopkins University (JHU) and the Johns Hopkins Health System (JHHS) business areas as well as interface with departmental representatives at all levels as well as senior financial management. Other responsibilities will include responding to inquiries from internal and external sources, reviewing accounting transactions, resolving discrepancies, and maintaining open communication with Hopkins departments, affiliated organizations and auditors. Specific Duties & Responsibilities Review and approve KB15N/ journal transfers emailed daily to the shared Inter-Entity mailbox from across JHU and JHHS. Review requires applying a working knowledge of applicable laws, GAAP accounting and regulations for both sponsored and non-sponsored funds.
Settle monthly JHU JHHS intercompany cash. Determine amounts to be paid/received, coordinate wire transfers with treasury and process postings in SAP. Set up and process recurring assessments to distribute costs between JHU and JHHS. Work with various central Finance offices to set up allocations based on the approved budget. Adjust throughout the year as changes are approved by senior management. Assist Manager with coordinating the Inter-Entity Agreement (IEA) review and signature process with the JHU and JHHS Legal departments, intercompany payroll errors and the year-end planning and analysis. Maintain Joint Administrative Agreement/Funds Flow documentation for JHHS affiliates and JHU School of Medicine (SOM)
Participate in the Funds Flow governance process by providing support to the JHHS In-take Committee as requested. Help JHUSOM departments identify open items that need to be accrued in Medvitals tool each month. Review accruals entered into Medvitals for month-end close and approve or reject the JHHS items. Gather JHHS accruals and reconcile to SOM's amounts. Report to JHU and JHHS major differences in amounts and follow-up until resolved. Participate on Intercompany Solutions committee lead by Inter-Entity Shared Services. Take the lead in identifying new items based on accruals and plan meeting agenda accordingly. Prepare minutes after the meeting. Follow-up on open items to ensure they get processed on a timely basis and update open issues report to be used for the next monthly meeting. Test SAP Support Packs and Upgrades - Assist EBS with testing KB15N, Assessments, IO Settlements and Service Center processing after support pack or upgrades are made to the test system; develop test scripts; report any problems; document results; approve for update to live system. Provide customer service support to both JHU and JHHS.
Interpret office operating policies and exercises independent judgment in the resolution of problems. Assist in writing and communicating policies and procedures related to intercompany process. Answer questions, provide guidance, and disseminate information based on knowledge and understanding of programs, initiatives, goals and objectives of the office. Perform other duties as requested. Minimum Qualifications
Classified Title: Sr. Accountant | |