FBS Analyst I

Texas A&M • College Station, TX

1d

About The Position

The Finance & Business Services Analyst I, under general supervision, is responsible for providing accounting or business support to a designated unit, department, college, or other System member; serving as a resource within their unit for other staff members; auditing, reporting, reconciling, tracking, reviewing, or approving actions on their designated accounts and/or assigned duties; and managing projects, reports, or functions with routine processes.

Requirements

• Bachelor’s degree in accounting, business, or finance, or equivalent combination of education and experience
• No experience
• Knowledge of word processing, spreadsheet, and database applications
• Knowledge of financial management system and Generally Accepted Accounting Principles (GAAP)
• Strong verbal and written communication skills
• Ability to work independently once given a project
• Ability to apply rules and regulations in a complex environment
• This position is security sensitive
• This position requires compliance with state and federal laws/codes and Texas A&M University System/TAMU policies, regulations, rules and procedures
• All tasks and job responsibilities must be performed safely without injury to self or others in compliance with System and University safety requirements

Responsibilities

• Accounting / Business Support Prepares, reviews, and audits financial system entries
• Reconciles accounts
• Identifies outstanding items and implements solutions/communicates actions
• Provides oversight, reviews, and audits financial and accounting transactions
• Assists with external reporting functions
• Assists in preparing annual budget allocations to departments, position budgeting tasks, commitment tracking, and departmental budget requests
• Office / Project Support Tracks internal projects, audits, business records, and records management
• May coordinate access requests
• May oversee or lead a function or serve as a subject matter expert in one or more areas
• May review and revise job aides as needed
• May supervise student workers
• May mentor or train subordinate staff members
• Department Specific Perform analytical review and validation of TRS monthly data to ensure accuracy, completeness, and compliance with TRS requirements
• Analyze ORP/TRS Retirement Eligibility data to identify classification or contribution errors, implementing corrective entries as required to maintain compliance with statutory plan rules
• Collaborate with HR Benefits on reconciliation of employee eligibility and participation data, addressing reporting exceptions and updating TRS status to ensure compliance with plan parameters
• Review the “4.5 Months at 50% or More” report to determine employees meeting TRS contribution thresholds, validating and reporting accuracy
• Conduct a monthly audit of the “Personal Information Changes” report to ensure employment data integrity and assess its impact on TRS reporting obligations
• Prepare calculations for refund and extra deduction adjustments tied to TRS submissions
• Request TRS TEMP ID as needed and update TRS with SSN for employees with previous TRS Temp ID
• Prepare and submit federal, state, and international income tax payments in the IRS EFTPS portal for all schools
• Prepare and submit TRS TexNet contribution payments into the TexNet System for all schools
• Enter IRS and TRS payment vouchers into Aggiebuy
• Request set-up of new tax-related entities and maintenance of current tax vendor profiles for payment processing
• Review and input tax-related Workday entries related to Payroll payment processing
• Audit and resolve discrepancies on Workday retro reports involving tax-related transactions
• Reprint 1099 forms upon request
• Monitor Tax email folder and distribute inquiries as needed
• Interpret and apply current IRS Form 1099 regulations, maintaining awareness of annual updates to ensure institutional compliance
• Perform quarterly analysis of FAMIS reports to identify, verify, and document 1099-reportable transactions in accordance with IRS requirements
• Support year-end 1099 reporting by reconciling vendor data, ensuring accurate information is submitted to the IRS and timely distribution of forms to recipients
• Submit change requests for 1099 reportable items to ensure the accuracy of 1099 forms provided to vendors
• Issue corrected 1099 forms to vendors as necessary
• Address customer inquiries related to TRS contributions and 1099 reporting providing clear explanations and compliance guidance to customers

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level