Business Asset Analyst
University of Rochester
As a community, the University of Rochester is defined by a deep commitment to Meliora - Ever Better. Embedded in that ideal are the values we share: equity, leadership, integrity, openness, respect, and accountability. Together, we will set the highest standards for how we treat each other to ensure our community is welcoming to all and is a place where all can thrive.
**Job Location (Full Address):**
601 Elmwood Ave, Rochester, New York, United States of America, 14642
**Opening:**
Worker Subtype:
Regular
Time Type:
Full time
Scheduled Weekly Hours:
40
Department:
500023 Financial Services SMH
Work Shift:
UR - Day (United States of America)
Range:
UR URG 110
Compensation Range:
$60,431.00 - $84,603.00
_The referenced pay range represents the minimum and maximum compensation for this job. Individual annual salaries/hourly rates will be set within the job's compensation range, and will be determined by considering factors including, but not limited to, market data, education, experience, qualifications, expertise of the individual, and internal equity considerations._
**Responsibilities:**
The Business Asset Analyst is responsible for timely identification, recording, accounting, reconciliation and capitalization of newly-acquired Hospital fixed assets using an automated system. Other key responsibilities include accounting for the disposition of fixed assets and coordinating the annual review process of departmental asset listings as well as the daily review and approval of departmental capital requests. Success in this position directly contributes to the accuracy of the Hospital's fixed asset system and monthly financial statements
Responsibilities:
Review Supplier Invoice requests in the UR Financials system for Hospital fixed asset purchases using independent judgement and established criteria for capital on a daily basis. Utilizing various databases and capital requisition data, gather asset details necessary to analyze and review the asset registration details including asset class, asset type and acquisition method to ensure accuracy. Assign the asset accounting to specify the accounting treatment and depreciation profile in accordance with the AHA guide to estimated useful lives within the Business Asset module to begin depreciating the asset.
Perform monthly reconciliation of asset general ledger balances to Business Asset module noting variances. Most variances will be the result of assets purchased through non-Supplier Invoice processes requiring manual registration into the Business Asset module. Using various databases, gather asset details necessary to perform manual asset registration. Requires ability to familiarize and navigate thru historical and current resources to research discrepancies and gather supporting documentation to create a manual asset. Further it will require accuracy and a keen attention to detail to follow the hospital fixed asset policies and appropriately classify assets on the financial statements.
Review and approve departmental requests for capital purchases on a daily basis with emphasis on funding source, asset categorization, and required documentation. Assign capital purchase funding according to projects approved on the 5 year capital plan.
Prepare monthly electronic integration upload to register assets acquired through non-Supplier Invoice processes into the Business Asset module using data acquired in reconciliation process above. This would include purchases made through internal University departments such as Facilities and Information Technology.
Analyze and execute requests for fixed asset disposals, transfers, and other changes as submitted by Hospital departments. Analyze the accounting that is generated in business assets that is associated with these transactions.
Coordinate annual distribution of fixed asset listings to Hospital departments using Business Asset module reporting functionality.
Qualifications:
Minimum Education
- Bachelor's degree in Accounting or related field or equivalent combination of education and experience
Experience
- Minimum of 4 years of relevant experience
Knowledge, Skills & Abilities
- Highly organized, keen attention to detail, team-oriented, strong reconciliation and analytical skills
**EOE Minorities / Females / Protected Veterans / Disabled:**
The University of Rochester is committed to fostering, cultivating, and preserving a culture of equity, diversity, and inclusion to advance the University’s mission to Learn, Discover, Heal, Create – and Make the World Ever Better. In support of our values and those of our society, the University is committed to not discriminating on the basis of age, color, disability, ethnicity, gender identity or expression, genetic information, marital status, military/veteran status, national origin, race, religion/creed, sex, sexual orientation, citizenship status, or any other status protected by law. This commitment extends to the administration of our policies, admissions, employment, access, and recruitment of candidates from underrepresented populations, veterans, and persons with disabilities consistent with these values and government contractor Affirmative Action obligations.
Notice: If you are a **Current** **Employee,** please **log into myURHR** to search for and apply to jobs using the Jobs Hub. Your application, if submitted using this portal, cannot be moved forward.
**Learn. Discover. Heal. Create.**
Located in western New York, Rochester is our namesake and our home. One of the world’s leading research universities, Rochester has a long tradition of breaking boundaries—always pushing and questioning, learning and unlearning. We transform ideas into enterprises that create value and make the world ever better.
If you’re looking for a career in higher education or health care, the University of Rochester may offer the perfect opportunity for your background and goals
At the University of Rochester, we commit to diversity, equity, and inclusion and united by a strong commitment to be ever better—Meliora. It is an ideal that informs our shared mission to ensure all members of our community feel safe, respected, included, and valued.
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