Business Asset Analyst
Rochester, New York
Employer: University of Rochester
Industry: Research/Tech Professional
Salary: $58800 - $82300 per year
Job type: Full-Time
Opening
Full Time 40 hours Grade 054 Financial Services SMH
Responsibilities
General Purpose:
The Business Asset Analyst is responsible for timely identification, recording, accounting, reconciliation and capitalization of newly-acquired Hospital fixed assets using an automated system. Other key responsibilities include accounting for the disposition of fixed assets and coordinating the annual review process of departmental asset listings as well as the daily review and approval of departmental capital requests. Success in this position directly contributes to the accuracy of the Hospital's fixed asset system and monthly financial statements
Responsibilities:
Review Supplier Invoice requests in the UR Financials system for Hospital fixed asset purchases using independent judgement and established criteria for capital on a daily basis. Utilizing various databases and capital requisition data, gather asset details necessary to analyze and review the asset registration details including asset class, asset type and acquisition method to ensure accuracy. Assign the asset accounting to specify the accounting treatment and depreciation profile in accordance with the AHA guide to estimated useful lives within the Business Asset module to begin depreciating the asset.
Perform monthly reconciliation of asset general ledger balances to Business Asset module noting variances. Most variances will be the result of assets purchased through non-Supplier Invoice processes requiring manual registration into the Business Asset module. Using various databases, gather asset details necessary to perform manual asset registration. Requires ability to familiarize and navigate thru historical and current resources to research discrepancies and gather supporting documentation to create a manual asset. Further it will require accuracy and a keen attention to detail to follow the hospital fixed asset policies and appropriately classify assets on the financial statements.
Review and approve departmental requests for capital purchases on a daily basis with emphasis on funding source, asset categorization, and required documentation. Assign capital purchase funding according to projects approved on the 5 year capital plan.
Prepare monthly electronic integration upload to register assets acquired through non-Supplier Invoice processes into the Business Asset module using data acquired in reconciliation process above. This would include purchases made through internal University departments such as Facilities and Information Technology.
Analyze and execute requests for fixed asset disposals, transfers, and other changes as submitted by Hospital departments. Analyze the accounting that is generated in business assets that is associated with these transactions.
Coordinate annual distribution of fixed asset listings to Hospital departments using Business Asset module reporting functionality.
Qualifications:
Minimum Education
How To Apply
All applicants must apply online.
EOE Minorities/Females/Protected Veterans/Disabled
Pay Range
Pay Range: $ 58,800 - $ 82,300 Annually
The referenced pay range represents the minimum and maximum compensation for this job. Individual annual salaries/hourly rates will be set within the job's compensation range, and will be determined by considering factors including, but not limited to, market data, education, experience, qualifications, expertise of the individual, and internal equity considerations.
Full Time 40 hours Grade 054 Financial Services SMH
Responsibilities
General Purpose:
The Business Asset Analyst is responsible for timely identification, recording, accounting, reconciliation and capitalization of newly-acquired Hospital fixed assets using an automated system. Other key responsibilities include accounting for the disposition of fixed assets and coordinating the annual review process of departmental asset listings as well as the daily review and approval of departmental capital requests. Success in this position directly contributes to the accuracy of the Hospital's fixed asset system and monthly financial statements
Responsibilities:
Review Supplier Invoice requests in the UR Financials system for Hospital fixed asset purchases using independent judgement and established criteria for capital on a daily basis. Utilizing various databases and capital requisition data, gather asset details necessary to analyze and review the asset registration details including asset class, asset type and acquisition method to ensure accuracy. Assign the asset accounting to specify the accounting treatment and depreciation profile in accordance with the AHA guide to estimated useful lives within the Business Asset module to begin depreciating the asset.
Perform monthly reconciliation of asset general ledger balances to Business Asset module noting variances. Most variances will be the result of assets purchased through non-Supplier Invoice processes requiring manual registration into the Business Asset module. Using various databases, gather asset details necessary to perform manual asset registration. Requires ability to familiarize and navigate thru historical and current resources to research discrepancies and gather supporting documentation to create a manual asset. Further it will require accuracy and a keen attention to detail to follow the hospital fixed asset policies and appropriately classify assets on the financial statements.
Review and approve departmental requests for capital purchases on a daily basis with emphasis on funding source, asset categorization, and required documentation. Assign capital purchase funding according to projects approved on the 5 year capital plan.
Prepare monthly electronic integration upload to register assets acquired through non-Supplier Invoice processes into the Business Asset module using data acquired in reconciliation process above. This would include purchases made through internal University departments such as Facilities and Information Technology.
Analyze and execute requests for fixed asset disposals, transfers, and other changes as submitted by Hospital departments. Analyze the accounting that is generated in business assets that is associated with these transactions.
Coordinate annual distribution of fixed asset listings to Hospital departments using Business Asset module reporting functionality.
Qualifications:
Minimum Education
- Bachelor's degree in Accounting or related field or equivalent combination of education and experience
- Minimum of 4 years of relevant experience
- Highly organized, keen attention to detail, team-oriented, strong reconciliation and analytical skills
How To Apply
All applicants must apply online.
EOE Minorities/Females/Protected Veterans/Disabled
Pay Range
Pay Range: $ 58,800 - $ 82,300 Annually
The referenced pay range represents the minimum and maximum compensation for this job. Individual annual salaries/hourly rates will be set within the job's compensation range, and will be determined by considering factors including, but not limited to, market data, education, experience, qualifications, expertise of the individual, and internal equity considerations.
Created: 2024-05-09
Reference: 236690
Country: United States
State: New York
City: Rochester
ZIP: 14608
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