Accountant I

Accountant I

The University of Maryland's Accounts Payable department is critical in supporting the institution's financial integrity and operational efficiency. As part of the Division of Finance, Accounts Payable is responsible for processing and managing payments to vendors, contractors, and other stakeholders, in accordance with institutional policies, state and federal regulations, and generally accepted accounting principles (GAAP). Our team ensures the timely and accurate payment of invoices, reimbursement of expenses, and disbursement of funds to support the academic, research, and administrative missions of the institution. We are committed to maintaining effective oversight measures, fostering strong vendor relationships, and delivering exceptional service to our campus partners.

Under general supervision, the Accountant I is responsible for reviewing and processing ad hoc payments for guest travelers. This role reviews documentation and establishes vendors for ad hoc payees, ensuring all required supporting documentation is complete and accurate. When necessary, the incumbent communicates with department personnel to obtain missing or additional documentation. The Accountant I also reviews and sets up foreign vendors for payment processing, reviews ServiceNow cases and provides payment status updates, collaborates and assembles forms for undeliverable checks, stop-payment requests, and lost checks. Additionally, this position monitors and responds to daily correspondence from the State Treasury Office.

Familiarity with accounts payable, accounts receivable, or general ledger processes is preferred. Understanding of general financial processes, such as invoice processing and reconciliation is preferred. Experience with Workday is preferred.

Working knowledge of and ability to apply Generally Accepted Accounting Principles (GAAP). Ability to apply basic analytical skills; to operate manual and automated office equipment, personal computers and financial software to input data; to communicate effectively both orally and in writing; to prepare and present working papers and supporting documentation.

Except for qualifications established by law, additional related experience and formal education in which one has gained the knowledge, skills, and abilities required for full performance of the work of the job class may be substituted for the education or experience requirement on a year-for-year basis with 30 college credits being equivalent to one year of experience.

VPF-Accounts Payable

$48,138.00 - $57,766.00