Description
Position at IDEA Public Schools

At IDEA Public Schools, we believe in college for ALL and we are committed to ensuring that all of our students graduate from college. IDEA Public Schools has grown from a small school to the fastest-growing network of tuition-free Pre-K-12 public charter schools in the United States sending 100% of our students to college. 58% of our students graduate from college in 6 years - that's 8 times the national rate for students in our communities!

IDEA was founded in 2000 as a single school with 150 students in the Rio Grande Valley. When interest exceeded building capacity, to meet the demands, IDEA's co-founders committed to serving more students in the Rio Grande Valley of Texas and beyond. We now serve nearly 45,000 students across Texas and Louisiana. By 2022, IDEA will serve 100,000 students. Be on the lookout for IDEA schools opening near you-with continued growth in our current regions and new launches in Tarrant County (Fort Worth/Arlington), New Orleans, Houston (2020), Permian Basin (2021), and Tampa Bay (2021)!

When you choose to work at IDEA, you are part of our IDEA Team and Family. You will work alongside team members who set and reach ambitious goals every day, are excited to continue to grow with IDEA, and work relentlessly to make college for all a reality.

To learn more about IDEA, check out this video .

Role Mission: The mission of the Fixed Asset Accountant is to ensure proper financial reporting and compliance with Generally Accepted Accounting Principles as well as State and Federal guidelines related to Fixed Assets. The Fixed Asset Accountant will report to the Director of Accounting and be located in Weslaco, TX.

Accountabilities

Serve as a consultant to IDEA employees for guidance relating to Fixed Assets.

• Keep current on new and upcoming standards.
• Attend trainings provided by AICPA, TSCPA, TASBO, TEA and Region One.
• Keep IDEA Accounting HUB site up to date with changes related to Fixed Assets.
• Update the Fixed Assets Manual annually.

Complete the month end close process for Long-Term Debt, Fixed Assets and Construction in Progress (CIP) by the dates outlined in the Month End Close Processing Checklist.

• Drive strategies to prepare and post recurring journal entries before the first business day.
• Drive strategies to prepare and post journal entries related to Long-Term Debt, Fixed Assets, and CIP as identified in the Month End Close Processing Checklist.
• Review Long-Term Debt, Fixed Assets and CIP accounts for accuracy.
• Investigate and correct invoices and/or transaction coded inappropriately.
• Reconcile accounts related to Long- Term Debt, Construction in Progress and Fixed Assets by the dates outlined in the Month End Close Processing List.
• Work with other departments to ensure all information/documentation regarding Long-Term Debt, Fixed Assets and CIP have been received.
• Review related Statement of Activity accounts to determine reasonableness of amounts, detect potential errors and analyze significant variances.

Locate 100% of capital assets for campuses in Austin, San Antonio, El Paso and Rio Grande Valley regional offices during the Physical Inventory. Provide the results of the physical inventory to key stakeholders by August 31 st .

• Drive strategies to collect key asset information for assets received at the campus and regional offices.
• Drive strategies to ensure that inventory items are entered into the Fixed Asset Software by the 15th business day of each month.
• Prepare annual and/or quarterly trainings to assistant principals of operations and business clerks to provide guidance regarding labeling and inventory procedures.

Manage Sage Planning and Tyler Munis Project Ledger Module to reconcile Construction in Progress (CIP) projects monthly.

• Reconcile individual CIP projects to the general ledger.
• Review and reclassify CIP miscellaneous account transactions on a quarterly basis.
• Drive monthly CapX meetings with Facilities and Budget partners to ensure construction projects are completed and funded correctly.
• Report accurate monthly bond fund balances to management by the last day of each month.

Live values of IDEA

• Believes and is committed to our mission: that all students are capable of getting to and through college
• Is driven by outcomes and results, and wants to be held accountable for them
• Has a propensity for action, willing to make mistakes by doing in order to learn and improve quickly.
• Thrives in an entrepreneurial, high-growth environment; is comfortable with ambiguity and change
• Seeks and responds well to feedback, which is shared often and freely across all levels of the organization
• Works through silos and forges strong cross-departmental relationships in order to achieve outcomes
• Embodies IDEA's core values

Qualifications:

• Education: Bachelor's degree in accounting or finance-related field required
• Experience: 1-3 years of accounting or related fixed assets preferred

Knowledge and Skills:

• Non-profit accounting and auditing principles established by the Financial Accounting Standards Board (FASB) for Not-for-Profit Organizations
• The Texas Education Agency Financial Accountability System Resource Guide to financial accounting and reporting for nonprofit charter schools
• Computerized accounting systems

Ability to:

• Analyze and interpret financial data
• Evaluate accounting problems, develop data, and recommend improvement procedures
• Use personal computer and software to develop complex accounting reports, spreadsheets, and databases
• Work with numbers in an accurate and rapid manner
• Effective communication and interpersonal skills

IDEA Public Schools does not discriminate on the basis of race, color, national origin, age, sex or disability, in admission or access to, or treatment of employment in its programs and activities. Any person having inquiries concerning the organization's compliance with the regulations implementing Title VI of Civil Rights Act of 1964 (Title VI), Section 504 of the Rehabilitation Act of 1973 (Section 504), or Title II of the Americans with Disabilities Act of 1990 (ADA), may contact IDEA Human Resources at (956) 377-8000.