Job TitlePrincipal Accountant & Business OfficerRequisition NumberRE51242Working TitleDepartment Name37500:Economic DevelopmentWork LocationLexington, KYGrade Level47Salary Range$57,158-94,286/yearType of PositionStaffPosition Time Status Full-TimeRequired Education
BA
Click here for more information about equivalencies:https://hr.uky.edu/employment/working-uk/equivalenciesRequired Related Experience
5 yrs
Required License/Registration/Certification
None.
Physical Requirements
Sitting for long periods, computer work, light lifting
Shift
8:00 am – 5:00 pm; Monday – Friday in most cases.
Job Summary
The Principal Accountant & Business Officer provides essential financial leadership and operational support across the Economic Development & Real Estate (ED & RE) portfolio, including Coldstream Research Campus, ASTeCC, Real Properties, Economic Engagement, and the Office of Business Engagement. This role is responsible for managing day-to-day financial operations, supporting strategic planning, and ensuring compliance with institutional and regulatory standards.
Key responsibilities include:
- Financial Oversight: Managing budgeting, forecasting, accounts payable/receivable, vendor coordination, and financial reporting across ED&RE units.
- KTI Financial Operations: Handling accounting functions for Kentucky Technology Inc. (KTI), including general ledger maintenance, depreciation schedules, and financial reporting for internal and external stakeholders.
- Audit & Tax Coordination: Supporting annual audit and tax preparation processes for KTI, ensuring accuracy and compliance with GAAP standards.
- Real Estate Financial Administration: Overseeing lease-related financials, rent collection, and compliance across CRC and ASTeCC, and contributing to space planning efforts.
- Investment Reporting: Monitoring financial performance of KTI’s investment portfolio and affiliated companies, and maintaining documentation for equity holdings.
This position is ideal for a detail-oriented and collaborative professional with strong analytical skills and relevant experience in accounting or financial management. The role offers the opportunity to work across a dynamic and innovative portfolio, contributing to the financial health and strategic growth of ED & RE initiatives.
Skills / Knowledge / Abilities
Knowledge of SAP, Quickbooks, GAAP accounting, business officer duties, CPA certification is a plus.
Does this position have supervisory responsibilities? NoPreferred Education/Experience
5+ years of accounting experience.
CPA certification
Deadline to Apply08/31/2025Our University Community
We value the well-being of each of our employees and are dedicated to creating a healthy place for everyone to work, learn and live. In the interest of maintaining a safe and healthy environment for our students, employees, patients and visitors the University of Kentucky is a Tobacco & Drug Free campus.
As an Equal Opportunity Employer, we strongly encourage veterans, individuals with disabilities, women, and all minorities to consider our employment opportunities.
Any candidate offered a position may be required to pass pre-employment screenings as mandated by University of Kentucky Human Resources. These screenings may include a national background check and/or drug screen.
Required fields are indicated with an asterisk (*).
Equal employment opportunity, including veterans and individuals with disabilities.
