University of Kentucky
Principal Accountant & Business Officer
🇺🇸 Lexington, KY
🕑 Full-Time
💰 $57K - $94K
💻 Finance
🗓️ August 11th, 2025
Edtech.com's Summary
- Manage budgeting, forecasting, accounts payable/receivable, vendor coordination, and financial reporting across ED & RE units.
- Handle accounting functions for Kentucky Technology Inc. including general ledger maintenance and depreciation schedules.
- Support annual audit and tax preparation processes ensuring GAAP compliance.
- Oversee lease-related financials, rent collection, and compliance across Coldstream Research Campus and ASTeCC.
- Monitor financial performance of KTI’s investment portfolio and maintain equity holdings documentation.
- Required skills include knowledge of SAP, Quickbooks, GAAP accounting; CPA certification is preferred.
- Requires a bachelor's degree and at least 5 years of accounting or financial management experience.
- No supervisory responsibilities for this position.
- Salary range is $57,158 to $94,286 per year.
- Works within the Economic Development department supporting multiple units and initiatives.
Principal Accountant & Business Officer Full Description
Requisition Number | RE51242
Working Title |
Department Name | 37500:Economic Development
Work Location | Lexington, KY
Grade Level | 47
Salary Range | $57,158-94,286/year
Type of Position | Staff
Position Time Status | Full-Time
Required Education | BA
Click here for more information about equivalencies: | https://hr.uky.edu/employment/working-uk/equivalencies
Required Related Experience | 5 yrs
Required License/Registration/Certification | None.
Physical Requirements | Sitting for long periods, computer work, light lifting
Shift | 8:00 am – 5:00 pm; Monday – Friday in most cases.
Job Summary | The Principal Accountant & Business Officer provides essential financial leadership and operational support across the Economic Development & Real Estate (ED & RE) portfolio, including Coldstream Research Campus, ASTeCC, Real Properties, Economic Engagement, and the Office of Business Engagement. This role is responsible for managing day-to-day financial operations, supporting strategic planning, and ensuring compliance with institutional and regulatory standards.
Key responsibilities include:
Financial Oversight: Managing budgeting, forecasting, accounts payable/receivable, vendor coordination, and financial reporting across ED&RE units.
KTI Financial Operations: Handling accounting functions for Kentucky Technology Inc. (KTI), including general ledger maintenance, depreciation schedules, and financial reporting for internal and external stakeholders.
Audit & Tax Coordination: Supporting annual audit and tax preparation processes for KTI, ensuring accuracy and compliance with GAAP standards.
Real Estate Financial Administration: Overseeing lease-related financials, rent collection, and compliance across CRC and ASTeCC, and contributing to space planning efforts.
Investment Reporting: Monitoring financial performance of KTI’s investment portfolio and affiliated companies, and maintaining documentation for equity holdings.
This position is ideal for a detail-oriented and collaborative professional with strong analytical skills and relevant experience in accounting or financial management. The role offers the opportunity to work across a dynamic and innovative portfolio, contributing to the financial health and strategic growth of ED & RE initiatives.
Skills / Knowledge / Abilities | Knowledge of SAP, Quickbooks, GAAP accounting, business officer duties, CPA certification is a plus.
Does this position have supervisory responsibilities? | No
Preferred Education/Experience | 5+ years of accounting experience.
CPA certification
Deadline to Apply | 08/31/2025
Our University Community | We value the well-being of each of our employees and are dedicated to creating a healthy place for everyone to work, learn and live. In the interest of maintaining a safe and healthy environment for our students, employees, patients and visitors the University of Kentucky is a Tobacco & Drug Free campus.
As an Equal Opportunity Employer, we strongly encourage veterans, individuals with disabilities, women, and all minorities to consider our employment opportunities.
Any candidate offered a position may be required to pass pre-employment screenings as mandated by University of Kentucky Human Resources. These screenings may include a national background check and/or drug screen.
- * Give a general overview of accounting/ bookkeeping duties you have performed in past positions.
(Open Ended Question) - * Describe your knowledge and experience with Quickbooks.
(Open Ended Question) - * Describe any participation you have had working on an annual audit with an outside accounting firm.
(Open Ended Question) - * Describe your experience using SAP. Include the modules (i.e. FI, BW, HR, etc.) you have utilized.
(Open Ended Question)
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