Lead Accounting Analyst

Position Overview

Join the Follett Team where employees are valued, respected, and offered career paths throughout its many campus locations.

Follett serves over half of the students in the United States and works with 80,000 schools as a leading provider of education technology, services, and print and digital content. We're higher education's largest campus retailer and a hub for school spirit and community as we operate nearly 1,200 local campus stores and over 1,600 virtual stores across the continent. We take pride in the fact that for more than 140 years, we have been helping to improve people's lives by supporting a lifetime of learning and education.

The Lead Accounting Analyst is a detailed and hands-on role within Follett Higher Education Group (FHEG) Commissions (store operating lease) Accounting, responsible for the preparation of month-end journal entries and reconciliations, execution of departmental processes and collaboration with Commissions Associate Accountant and outsourced team members. Commission system coordinator overseeing processes, documentation, system reporting, and ad-hoc analyses/reports/projects.

Responsibilities

• Review, prepare, and record journal entries related to balance sheet and income statement activity, utilizing and applying knowledge of Accounting to assigned tasks (e.g., Generally Accepted Accounting Principles and company policies).
• Review and provide analysis of monthly results vs budget/forecast/last year, prepare/review related commission reconciliations, and provide resolution to short/long term variances.
• Participate in various/independent campus audits and the Follett year-end audit.
• Primary owner of Commission processes, including daily customer payment file, contractual donation, one-time contractual payments, store opening set-up, and store closure procedures.
• Learn FHEG's systems as they relate to Commission processes to confirm accurate set-up and ongoing calculation of commissions payable.
• Collaborate with other team members to provide guidance and analysis on various commissions/contract-related requests.
• Communicate cross-departmentally within Follett and with Accounting management when required.
• Utilization of strong critical thinking skills to evaluate processes and calculations to identify errors and demonstrate initiative to resolve errors.
• Management of commission system, including reporting, maintenance, FASB lease accounting, Real Estate leases, and Equipment leases.
• Continuously evaluate processes for inefficiencies or errors and implement process improvements.
• Exhibit advanced critical thinking, organization, communication, problem-solving, and interpersonal skills to effectively present results to various audiences, including customers, Operations, and management within FHEG and direct reports.
• Performing other duties and ad-hoc reporting/projects for the Finance Department as requested.
• Perform other duties as assigned.