Procurement accountant vs fund accountant

Differences between procurement accountant and fund accountant duties and responsibilities

Procurement accountant example responsibilities.

• Manage month end close process including journal entries, departmental analysis and preparation of consolidate financial statements and account reconciliations.
• Develop procedures for GAAP solutions in accordance with SOX, segregation of duties.
• Code invoices to appropriate GL accounts.
• Budget vendor accruals for the next fiscal year on a vendor, product and program level.
• Reconcile purchase contract log balances with the SUNY on-line payment system to verify accuracy of balances.
• Maintain the MarrStar database to ensure accuracy and timely availability of information for properties to provide transparency for SOX.
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Fund accountant example responsibilities.

• Manage fund accounting activities for five funds for an investment manager with $80b in AUM.
• Manage accoutningtransition from Quickbooks to Yardi.
• Prepare internal financial reports for treasury manage accounts include in external compliance reports.
• Record efficiently accounting records, securities positions, corporate actions and journal entries accordance with department policies and procedures.
• Process complex transactions for foreign and domestic bonds, equities, futures, and options.
• Prepare annual and semi-annual financial statements using GAAP.
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