Accountant-Capital Business Office
Permanent Staff (SHRA)Is this an internal only recruitment?:
Accountant - AdvancedWorking Title:
Accountant-Capital Business OfficePosition Number:
P012840Budgeted Hiring Range:
$76,405 - $89,000Pay Band Information:
To learn more about the pay band for this branch and role, please see the Career Banding rates spreadsheet.Salary Grade Equivalent:
Full-Time PermanentHours per week:
Monday – Friday, 8:00 a.m. – 5:00 p.m.Department Name and Number:
SCE - Finance-215200Date First Posted:
Chapel Hill, NCPosition Posting Category:
The Vice Chancellor for Finance and Operations is the principal finance and business officer of the University. Responsibilities of the Finance and Operations (F&O) Division include oversight of financial planning, budgeting, and management; treasury; general accounting; foundation and investment funds; facilities planning, construction, and operations; purchases and stores; auxiliary enterprises; and human resources. The Vice Chancellor works closely with various internal and external constituencies, including the Office of the President of the UNC System, to improve the University’s financial and business operations.
The Finance Service Center of Excellence (SCE) serves approximately 2,000 staff within the Division of Finance and Operations (F&O) and the Division of Institutional Integrity and Risk Management (IIRM), a combined organization whose annual budget is more than $500 million. The Finance SCE was formed in 2015 and pulled together many disparate financial groups into one team to provide financial services to the Division. These financial and accounting services have a campus-wide impact through departmental billing, student fees, and education and general support services.
The Finance SCE provides departmental purchasing and inventory accounting support, cost accounting, billing and disbursement services, business and financial systems support, and financial reporting, budgeting, and analysis for the F&O Division and Institutional Integrity & Risk Management. The Financial Reporting, Budget, and Analysis (FRBA) team within the SCE implements and manages a Division-wide budgeting process along with routine budget to actual reporting. The FRBA team provides strategic financial analysis, routine metric reporting for the SCE, standard financial reporting (income statement, balance sheets, receivable aging, etc.), and budget journals for the Division.Equal Opportunity Employer:
The University of North Carolina at Chapel Hill is an equal opportunity and affirmative action employer. All qualified applicants will receive consideration for employment without regard to age, color, disability, gender, gender expression, gender identity, genetic information, race, national origin, religion, sex, sexual orientation, or status as a protected veteran.Position Description:
The position is responsible for all aspects of capital project budgeting, reporting and accounting for $500M in capital projects. The state budget process, rules, and regulations applied to capital project accounting involve different deadlines and in-depth knowledge of unique business and accounting rules. Capital projects are funded with a variety of fund types and frequently involve coordination with University Treasury to utilize debt financing options. In depth knowledge of advanced accounting principles and theories are required to ensure proper accounting procedures are followed. This position is the liaison for the University with the state auditor’s office for all capital projects accounting and audit issues.
This position is the primary liaison to obtain capital project authority for all capital projects initiated at UNC Chapel Hill and depending on the project dollar value this approval will be from one of the following: UNC Chancellor, UNC System President, or the UNC Board of Governors. This position is responsible to maintain in depth knowledge of all relevant legislation governing capital projects and ensure compliance with all applicable rules, regulations, and policies. This position is the University’s expert on the capital budget process and is routinely consulted by senior executives within the University (e.g. Medical School, Athletics, College of Arts and Sciences) and outside of the university (e.g. UNC General Administration (GA), Office of State Budget and Management (OSBM).
This position is responsible to partner with central Information Technology Systems (ITS) to manage and develop Facilities Services general accounting systems – primarily focused on capital projects accounting and tracking, but the position will also be involved in other business system development along with the University’s PeopleSoft and CPPM (project module). This position will develop system procedures, business processes, and guidelines as relates to capital project accounting, budgeting, reporting, and ensuring proper internal controls for all capital projects. This position represents the capital project budgeting and accounting function with the University’s within Peoplesoft.
This position supervises an accountant who coordinates the weekly payables cycles and reconciles all capital projects (code-item as well as smaller customer-funded projects), and prepares, and prepares monthly and annual financial statements for associated with capital projects. This position also works with Lead Analyst on the Facilities Reporting Team to perform ad hoc capital requests and general capital and operational analyses (APPA, Sightlines/Gordian), and specialized rate analyses to ensure the fee assessed to capital projects is adequate to support project management and administrative costs. This position will also assist the Lead Analyst in routine financial reporting and variance analysis, including project cash flow and monthly financial updates for UNC System on bond project cash flow.
From their extensive knowledge of cost accounting, budgeting, and general accounting principles, the position reports on a diverse and complex variety of operations and systems. This information as well as the results of special studies or analyses is regularly communicated to the senior management positions within the University, as well as, personnel in the Vice-Chancellor’s Office, the University Budget Office, Controller’s Office, Accounting Services, UNC System General Administration, NC Office of State Budget and Management, and other state agencies. This position is responsible for an internal capital budgeting system which is used to provide information to departments across campus, University Accounting and Budget offices, and external agencies (UNC GA and OSBM) of the budget status for all University capital projects.
Bachelor’s degree with 12 credit hours of accounting coursework; or Associate’s degree in accounting; or Associate’s degree in business or related discipline with 12 credit hours of accounting coursework; or equivalent combination of training and experience. All degrees must be received from appropriately accredited institutions.Essential Skills, Knowledge and Abilities:
Progressive experience supervising accounting functions. Intermediate level Excel skills. Experience with ERP financial skills. Knowledge of Generally Accepted Accounting Principles.
Possess a thorough knowledge of generally accepted accounting principles and their application to cost, governmental accounting, and non- governmental accounting. Strong analytical and critical thinking skills are needed to compile, examine, and reconcile complex financial data across three disparate systems (general ledger, subsidiary ledger, and state Interscope Plus system). Possess the ability to identify substantive issues, accurately research and draw conclusions that result in written findings, reconciliations, and journals following Generally Accepted Accounting Principles (GAAP) and/or other applicable accounting guidelines is required. Ability to identify improvement opportunities in areas of financial analysis, reporting and budgeting. Ability to develop training and documentation related to these decisions and changes. Ability to convey complex financial information in both written and verbal formats to a diverse audience.Preferred Qualifications:
Advanced Excel and ERP systems knowledge. Five years of progressive supervisory experience. Experience in higher education capital planning, budgeting, and finance. Masters degree in Public Administration, Business Administration, or CPA license.Position/Schedule Requirements:
Evening work occasionally, Night work occasionally, Overtime occasionally, Weekend work occasionallyStimulus/ARRA Funded: