The Senior Accountant provides financial reporting, monthly closing, project accounting, budget management, account reconciliation, fixed asset accounting, grant accounting, and internal controls support to the University. This position is responsible for accounting functions necessary for the production of timely and accurate financial reporting to governmental regulatory agencies, departments, external auditors and senior management. The Senior Accountant analyzes budgets, costs, revenues, financial commitments and obligations incurred to predict future revenues and expenses. Responsibilities also include reporting the organization’s finances to management and making assumptions underlying budget forecasts. This position performs complex business assignments to include, systems implementations, special projects, financial accounting and analysis, business process evaluations, multi-year forecasting modules, financial internal control procedures and compliance assessments. In addition, this position is responsible for internal financial controls and required compliance reviews for the University.
For more information about this position, please contact Amanda Ostrander, Director of Accounting at [email protected].
QUALIFICATIONS:
Education, Experience and Training:
- Bachelor’s degree in accounting with five or more years experience
- CPA certification
Knowledge, Skills, Ability:
- Knowledge of accounting systems and general accounting principles, GAAP and FASB pronouncements, Circular A-133, Department of Education Title IV and other Federal and State loan programs, and tax guidelines related to administering the payroll function and the University’s tax reporting requirements (990).
- Knowledge and ability to utilize the Internet, Microsoft Office software, E-Commerce and Datatel software or a related higher education software package.
- Knowledge and ability to utilize internal systems including BudgetTracker, Unimarket, and ImageNow.
- Knowledge of UPMIFA for assistance in administration of the endowment
- Knowledge of DOL rules and regulations for the University’s Retirement Plan monitoring and compliance
- Analytical and problem solving skills.
- Ability to work effectively with internal and external personnel.
- Effective communication skills and ability to work both independently and as a team.
- Strong interpersonal skills and the ability to work effectively with internal and external personnel.
- Ability to work confidently and competently under tight deadlines.
- Ability to quickly analyze situations, consider alternatives, and take appropriate course of action
ESSENTIAL FUNCTIONS:
- Establish and maintain systems and controls which verify the integrity of all systems, processes and data, and enhance the University’s value, includes developing standard operating procedures for accounting.
- Assist in establishing and maintaining accounting procedures compatible with the Datatel System to ensure all financial reports conform to generally accepted standards of fund accounting.
- Works with the CFO and Executive VP - Business Affairs in performing various financial or budget analyses in the areas of revenue planning, capital expenditures, investments, and cash flow budgeting
- Assist in the monthly reconciliations and annual financial closings, the related monthly financial reports, and Audited Financial Statements.
- Responsible for the reconciliation of fixed assets on a quarterly basis.
- Manage cash and short-term investments according to University policy. Report monthly balances and projected cash flow to the CFO and Executive Vice President - Business Affairs.
- Assist in monitoring endowment deposits, making transfers to the Endowment Investment Managers on a timely basis, and coordination of periodic performance reports.
- Assist in the coordination of and work paper preparation for the annual financial aid Single Audit Report.
- Provide the Financial Planning and Institutional Advancement offices with annual restricted scholarship award levels.
- Assist the CFO and Executive Vice President - Business Affairs in the preparation and administration of the annual budget.
- Assist in the completion of all required financial statements or reports requested by federal, state, educational, institutional, or other agencies.
- Coordinate the year-end audit and prepare all year-ending work papers requested by the external auditors as itemized on their prepared by client (PBC) list.
- Perform internal audit procedures on the 403(b) Plans to ensure compliance to DOL rules.
- Ad hoc reporting as needed for departments or executive management.
- Perform other projects as the CFO and Executive Vice President - Business Affairs may assign.
- Prepare monthly sales tax reports and request sales tax refunds from NC Dept. of Revenue as needed
- Administer purchase card program and perform monthly audits of purchase card travel and transaction logs
SUPERVISORY RESPONSIBILITIES:
No direct reports.
ACCOUNTABILITY:
As delegated by the Business Office policies and procedures, the incumbent directs daily activities related to the monthly and year-end financial closings, in order for the financial statements to reflect accurately the results of the monthly and annual financial operations of the University. The incumbent works closely with the CFO and Executive Vice President - Business Affairs to ensure compliance with University policy and with all federal and state regulations and laws.
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