Accountant - Business Services
Position Number: 00060114
Primary Function of Organization Unit: Foundations Accounting and Investments (FAI), under the direction of the University Treasurer, is responsible for providing investment, financial reporting, budgeting, accounting, & corporate governance oversight for seven (7) University-related foundations, the NC State Investment Fund, Inc. now including the NC State Intermediate Term Fund under its umbrella, the Endowment Fund of NC State University, the Alumni Association, the NC State Partnership Corp. and its seven (7) active LLC's, one (1) for profit subsidiary of one of the foundations, and an Execution Education, LLC. Each of these entities provides substantial resources in support of the University through its various colleges. As of June 30, 2016, these responsibilities included approximately 10,000 funds with a combined market value in excess of $1.5 Billion.
Essential Job Duties: This position is a high profile position interacting with numerous persons outside of the department, as well as outside of the University, including the ten managed entity Boards, the University Treasurer, state auditors, investment managers and outside consultants. The primary responsibilities of the position include preparation of the University Treasurer's board materials for the Endowment Fund, the Alumni Association, the seven foundations; accounting and numerous special projects, analyses, and reports. Specific responsibilities of this position include: Interpret and prepare financial and investment data for the boards of the eight University-affiliated foundations and the University Endowment Fund board prior to scheduled fall and spring meetings; interpret and prepare other board meeting materials and presentations for the University Treasurer's office, attend board meetings and prepare follow-up notes (items requiring some sort of follow-up action), follow-up/respond to board requests and other board-related items requiring action by the Treasurer; coordinate the University's response to the annual NACUBO endowment survey, as well as other surveys; Finance & Administration Dashboard data for FAI; assist in audit preparation for University-affiliated foundations; serve as facilitator for FAI team projects involving other offices/departments; serve as contact person/coordinator for special projects, often of a highly sensitive and visible nature, such as analyses of the Goodnight Scholars, Park Scholars and Caldwell Fellows programs.
Department Required Skills: - Must have an expert knowledge level of: PeopleSoft or comparable system, Excel, Word, PowerPoint. - Ability to work effectively under pressure with minimal direction. - Must demonstrate proficiency, or ability to achieve proficiency to develop new applications, in spreadsheet, database and graphics software. - Exceptional written and verbal communication skills are necessary as successful candidates will be expected to explain standard accounting practices and procedures applicable to the foundations' and Endowment Fund's customers. - Must be able to establish and maintain effective working relationships with board members, departmental staff, campus customers, College Business Officers and Deans, University and foundation management, and external investment managers and consultants. Knowledge and ability to stay informed in the following areas: - Accounting and auditing standards as issued by the American Institute of Certified Public Accountants (AICPA); generally accepted accounting principles (GAAP) including recent GASB and FASB statements - The Endowment Fund of North Carolina State University and foundations' investment objectives, spending policies, and bylaws. - State of N.C. rules and regulations regarding expenditures, trust funds, deposits, etc. - AICPA Audit Guides for Colleges and Universities and Non-Profit Foundations. - Financial analysis techniques - Legal implications of donor agreements for individual funds - National Association of College and University Business Officers (NACUBO) reference guides, opinions and policies with respect to endowment funds and non-profit foundations - Foundations Accounting and Investments Internal Procedures Manual -University Administrative Procedures Manual
Preferred Experience, Skills, Training/Education: - Bachelor's Degree in Accounting or Business/Business Management. - Four to seven years of experience in accounting, business management or related field. - Prior experience working with University associated entities within the University environment is strongly preferred - Considerable knowledge of accounting, auditing and analytical principles and practices; knowledge of fund accounting procedures and principles is preferred.
Necessary Licenses and Certifications: N/A
AA/EOE: NC State University is an equal opportunity and affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, gender identity, age, sexual orientation, genetic information, status as an individual with a disability, or status as a protected veteran.
Individuals with disabilities requiring disability-related accommodations in the application and interview process, please call 919-515-3148. Final candidates are subject to criminal & sex offender background checks. Some vacancies also require credit or motor vehicle checks. If highest degree is from an institution outside of the U.S., final candidates are required to have their degree verified at "www.wes.org":http//wes.org. Degree must be obtained prior to start date.
NC State University participates in E-Verify. Federal law requires all employers to verify the identity and employment eligibility of all persons hired to work in the United States.