Principal Accountant & Business Officer

Job Title
Principal Accountant & Business Officer


Requisition Number
RE51242


Working Title

Department Name
37500:Economic Development


Work Location
Lexington, KY


Grade Level
47


Salary Range
$57,158-94,286/year


Type of Position
Staff


Position Time Status
Full-Time


Required Education

BA



Click here for more information about equivalencies:
https://hr.uky.edu/employment/working-uk/equivalencies


Required 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?
No


Preferred Education/Experience

5+ years of accounting experience.
CPA certification



Deadline to Apply
08/31/2025


Our 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.