Foundations Accountant

Foundations Accountant

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Located in North Carolina’s third-largest city, UNC Greensboro is among the most diverse, learner-centered public research universities in the state, with 18,000 students in eight colleges and schools pursuing more than 150 areas of undergraduate and over 200 areas of graduate study. UNCG continues to be recognized nationally for academic excellence, access, and affordability. UNCG is ranked the No. 1 most affordable institution in North Carolina for net cost by the N.Y. Times and No.

1 in North Carolina for social mobility by The Wall Street Journal — helping first-generation and lower-income students find paths to prosperity. Designated an Innovation and Economic Prosperity University by the Association of Public and Land-grant Universities, UNCG is a community-engaged research institution with a portfolio of more than $67M in research and creative activity. The University’s 2,600 staff help create an annual economic impact for the Piedmont Triad region in excess of $1B.

The Foundation Finance Accountant is responsible for providing accounting, endowment administration, and investment reporting support for the affiliated organizations of the University of North Carolina  affiliated organizations are The UNCG Excellence Foundation, The Weather spoon Art Museum Council, The Endowment Fund of UNCG, The UNCG Investment Fund, and the Capital Facilities Foundation. The Foundations Accountant provides specialized reporting for foundation and investment activity, including unitized market value ledgers, capital calls, distributions, spending calculations, and related reconciliations.

This includes reviewing custodian and investment manager reporting, preparing internal management schedules, and supporting monthly and year-end financial reporting. The position also assists with the annual audit by preparing audit schedules, reconciliations, and documentation for external auditors, and supports the implementation and ongoing maintenance of Fundriver, the University’s unitized endowment accounting platform.

• Lead the Office of Foundation Finance team (15%)
  • Monitor all bank account reconciliations and ensure that correcting journal entries are completed the month following the discrepancy.
  • Review general ledgers for Capital Facilities Foundation, Excellence, Endowment, Weather spoon Art Museum Council, and the UNCG Investment Fund on a monthly basis and perform account analyses, including investment-related activity.
• Specialized Reporting (40%)
  • Produce yearly management reports, budgets, investment reports, and periodic user-friendly financials, cash availability, and total return analyses, as well as surveys for various outside organizations.
  • Assist financial reporting during the thirteen months with blending of the foundations and investment activity into UNCG’s financial statements, including investment footnotes and required schedules.
  • Prepare foundation and investment reports, analysis, and board-ready materials accurately in a timely manner, ensuring all information is complete, accurate, and available in advance of meetings; complete required surveys for external entities.
• Complete market ledgers for UNCGIF, Excellence, and Endowment (20%)
  • Calculate and report on spending distributions, administrative fees, capital calls, and related liquidations and disbursements for UNCG and affiliated entities.
  • Review and approve quasi-transfer requests.
  • Complete and analyze unitized market ledgers to ensure equitable distribution of earnings among participating funds.
  • Ensure knowledge of donor restrictions, underwater fund considerations, and special circumstances.
  • Complete market ledgers within 5 days of receiving custodian data; accuracy and timely completion are critical.
• Prepare audit schedules and financial statements (5%)
  • Prepare audit schedules for all funds and reconcile all balances, including endowment, investment activity, and art inventory.
  • Ensure all balances reconcile to Banner.
  • Prepare and analyze schedules for external auditors, support SOC report validation,…