FBS Analyst I

Job Title

FBS Analyst I

Agency

Texas A&M University

Department

UAS University Accounting Services

Proposed Minimum Salary

Commensurate

Job Location

College Station, Texas

Job Type

Staff

Job Description

A Glimpse of the Job

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.

Essential Duties and Tasks

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 You Need to Know

Salary: Commensurate

Special Instructions: A cover letter and resume are strongly recommended. You may upload these in the CV/Resume section.

Required Education and Experience

• Bachelor’s degree in accounting, business, or finance, or equivalent combination of education and experience

• No experience

Required Knowledge, Skills, and Abilities:

• 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

Other Requirements and Factors:

• 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

Instructions to Applicants: Applications received by Texas A&M University must either have all job application data entered or a resume attached. Failure to provide all job application data or a complete resume could result in an invalid submission and a rejected application. We encourage all applicants to upload a resume or use a LinkedIn profile to pre-populate the online application.

All positions are security-sensitive. Applicants are subject to a criminal history investigation, and employment is contingent upon the institution’s verification of credentials and/or other information required by the institution’s procedures, including the completion of the criminal history check.

Equal Opportunity/Veterans/Disability Employer.