Procurement accountant vs staff accountant

Differences between procurement accountant and staff 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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Staff accountant example responsibilities.

• Manage and monitor accounting procedures for compliance with Sarbanes-Oxley and coordinate and facilitate external audit requirements.
• Contribute revenue accruals using job cost system, fix assets including reclassification, reconciliation and depreciation.
• Prepare month-end journal entries and assist in compilation of financial statements, reconcile bank statements and general ledgers.
• Complete audit-quality account reconciliations monthly for balance sheet accounts including the capital projects in progress accounts and miscellaneous revenue accounts.
• Assume responsibility for cash management encompassing wire and ACH transfers processing, bank activity confirmation, and monthly bank account reconciliations.
• Handle all A/R and A/P, payroll, change orders, collections, lien placement and release, vendor account management.
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