Edtech.com's Summary

National Louis University is hiring an Accounting Specialist to support core accounting operations by preparing journal entries, reconciling accounts, and managing month-end close activities. The role also involves cash management, compliance reporting, and collaborating with internal departments to ensure accurate financial record-keeping and process improvements.

Highlights

Prepare and post journal entries according to accounting standards
Perform general ledger account reconciliations and resolve discrepancies
Support month-end and year-end close processes
Assist with bank reconciliations and monitor cash accounts
Manage unclaimed property reporting and federal funding drawdowns
Oversee gift accounting and manage sales deposits
Collaborate with internal departments to support accounting operations
Proficiency in accounting software and Microsoft Excel required
Bachelor's degree in Accounting, Finance, or related field with 2-3 years experience
Salary range between $51,966 to $75,351 annually

Accounting Specialist Full Description

Overview:

Who We Are:

National Louis is a 135+ year old university that has been grounded in the values of innovation, access, excellence, and equity from its inception. As an institution, we believe in providing access to educational opportunity and that education is our greatest lever for social and economic mobility. We are a student-focused community that is committed to continuous improvement and superior student service. We believe that through education we are able to empower change and build healthy communities. Our hard-working community is based on collaboration and respect for all team members and students.

What You Will Do:

The Accounting Specialist supports core accounting operations, ensuring the accuracy and integrity of financial records. This role performs general ledger activities, reconciliations, and month-end close responsibilities while assisting with cash management, compliance reporting, and departmental processes. The ideal candidate brings strong technical accounting skills, attention to detail, and the ability to manage multiple priorities in a dynamic environment.

Essential Responsibilities:

Core Accounting & Reconciliations:

Prepare and post journal entries in accordance with accounting standards
Perform general ledger account reconciliations and resolve discrepancies
Support month-end and year-end close processes

Cash Management & Banking:

Assist with bank reconciliations and cash account monitoring
Maintain cash activity records, including deposits and disbursements
Ensure timely and accurate recording of all cash transactions

Compliance & Reporting:

Manage unclaimed property reporting in compliance with regulatory requirements
Process and monitor drawdowns from the U.S. Department of Education

Program & Fund Accounting:

Oversee gift accounting, ensuring proper classification and reconciliation
Manage and reconcile sales deposits and related activity
Maintain accurate financial records for designated funds and accounts

Operational Support & Collaboration:

Partner with internal departments to support daily accounting operations
Provide general accounting support and contribute to process improvements

Qualifications:

Required:

Bachelor's Degree in Accounting, Finance, Business Administration, or a related field
Minimum of two to three years of accounting experience/Experience with general ledger accounting and account reconciliations
Proficiency with accounting software and Microsoft Excel
Strong organizational skills
Strong written and verbal communication skills
Working knowledge of accounting principles (GAAP)

Preferred:

Experience in higher education, nonprofit, or grant-funded environments
Experience with fund accounting and/or restricted funds
Familiarity with federal funding processes (e.g., Title IV drawdowns)
Experience with ERP systems such as Banner

NLU Inclusion Statement:

National Louis University is deeply committed to serving its community, advancing access and equity, and ensuring that all individuals are welcomed and valued. We are dedicated to fostering a culture where diversity, equity, and inclusion remain at the core of who we are. These are more than just words to us: they are truly a way of life for the NLU community. We recognize that differences in abilities, age, ethnicity, gender (identity and expression), race, religion, sexual orientation, socio-economic status, and background bring richness to our work environment. We affirm diverse perspectives, innovative contributions, and authentic presentations of self from every member within the NLU community. We believe inclusion is grounded in the actions we intentionally take each day. Our goal is to inspire and empower NLU employees and community members to cultivate an environment where we collectively focus on uplifting and advancing our institutional culture.

Compensation and Benefits:

At National Louis University, we offer our employees an innovative environment to work together and inspire the ideas that will make an impact. As our external environment changes, our employees are provided the opportunities and tools needed to grow both personally and professionally to remain successful. NLU employees and dependents are offered a wide range of benefits, including but not limited to, Health Insurance benefits, Retirement benefits, Paid Time Off and Educational Opportunities. Additional information regarding full-time staff benefits can be found here.

The salary range of the grade for this position is $51,966.00 to $75,351.00 annually. Compensation decisions are dependent upon the facts and circumstances of each position and candidate. Offers are based on multiple factors permitted by law, including but not limited to: budgetary considerations, job-related knowledge/skills, experience, market considerations, tenure and standing with the university (applicable to current employees), and internal equity.

Application Instructions:

Please Include the following along with your application:

Resume (Required)
Cover Letter (Optional)
Current NLU employees please also submit an Internal Posting Form

Original Job Description

Overview:

Who We Are:

What You Will Do:

Core Accounting & Reconciliations:

Prepare and post journal entries in accordance with accounting standards
Perform general ledger account reconciliations and resolve discrepancies
Support month-end and year-end close processes

Cash Management & Banking:

Assist with bank reconciliations and cash account monitoring
Maintain cash activity records, including deposits and disbursements
Ensure timely and accurate recording of all cash transactions

Compliance & Reporting:

Manage unclaimed property reporting in compliance with regulatory requirements
Process and monitor drawdowns from the U.S. Department of Education

Program & Fund Accounting:

Oversee gift accounting, ensuring proper classification and reconciliation
Manage and reconcile sales deposits and related activity
Maintain accurate financial records for designated funds and accounts

Operational Support & Collaboration:

Partner with internal departments to support daily accounting operations
Provide general accounting support and contribute to process improvements

Qualifications:

Required:

Bachelor's Degree in Accounting, Finance, Business Administration, or a related field
Minimum of two to three years of accounting experience/Experience with general ledger accounting and account reconciliations
Proficiency with accounting software and Microsoft Excel
Strong organizational skills
Strong written and verbal communication skills
Working knowledge of accounting principles (GAAP)

Preferred:

Experience in higher education, nonprofit, or grant-funded environments
Experience with fund accounting and/or restricted funds
Familiarity with federal funding processes (e.g., Title IV drawdowns)
Experience with ERP systems such as Banner

NLU Inclusion Statement:

Please Include the following along with your application:

Resume (Required)
Cover Letter (Optional)
Current NLU employees please also submit an Internal Posting Form

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