Accountant - Journey
Open Date: 01/24/2018
Date Initial Screening Begins:
Minimum Education/Experience: Considerable understanding and expertise with legal contractual jargon and phraseology. Knowledge of University accounting software is preferred, including but not limited to Banner INB and Data Warehouse. Intermediate Microsoft Excel skills and the ability to work with various other computer systems is also preferred.
Special Instructions to Applicant: * Please ensure your full range of knowledge, skills, abilities, experience and education are listed on your application. Do not write 'see resume' on your application when completing the job duties section. * If you answer the questions at the end of the application, please ensure your application reflects the knowledge, skills, abilities and experiences to support your answers (see job duties section of previous employment). * Failure to answer the questions at the end of the application will not preclude your application from being considered but may result in your application not receiving full consideration of your knowledge, skills, and abilities.
Job Duties: The Accountant -Journey in the Institutional Trust Funds area is responsible for the establishment, administration, and distribution and monitoring of Endowment, Auxiliary and other Institutional Trust Fund accounts. These Funds total over $200 million of the entire revenue generated and controlled by East Carolina University and its affiliated Foundations. Therefore, the size and scope of the department is substantial and the consequence of error is considerable. Institutional Trust funds include financial activities for Auxiliary Funds, Athletics, Endowments, overhead receipts and other restricted and unrestricted funds. The position will insure funds are properly disbursed in accordance with regulations established by the approved fund authority for each account. Administration of Institutional Trust Fund Accounts requires precise documentation; erroneous disbursements or incorrect account code assignments will directly jeopardize the integrity and financial security of the University. Consistent, accurate, complete and correct accounting procedures are critical to University's programs and projects. Responsibilities will demand considerable understanding of accounting theory and practice, the ability to modify existing accounting structures, design unique accounting systems and interpret accounting data. In addition, responsibilities include the ability to maintain accounting coding integrity with that of a funding authority. This position interprets state and federal law, University policies, UNC-FIT Guidelines, N.C. General Statutes, investment income, financial statements, and investment activity reports to develop a comprehensive, coordinated and highly structured invoicing and reporting procedure necessary for University management decisions. This position understands, applies, explains, guides, informs, and insures compliance with Generally Accepted Accounting Principles and practices. Substantial judgment is required to understand the constraints of various funding authorities and to identify non-authorized fund expenditures. This position works directly with state, external and federal auditors to answer specific questions related to University accounting procedures, practices and methods. The person in the position also will help train and supervise accounting interns that are hired to assist on various accounting tasks and projects. At fiscal year-end the Accountant - Journey plays a significant role in providing information for the University financial reports.