Foundations Accountant

Primary Purpose of the Organizational Unit

The Controller’s Office, part of the Division of Finance and Administration, is responsible for processing all University disbursements, general ledger accounting, construction accounting, cash management, and fixed assets. The unit is responsible for the disbursement of all University funds (payroll and accounts payable) in accordance with University and state policies and procedures. This unit is also responsible for a myriad of financial reporting to federal and state agencies, including W‑2 information, 941 information, and 1099 information.

This unit is actively involved in the implementation of new administrative systems, including problem resolution, training, report writing, and data conversion. The areas within this unit are:
Payroll, Accounts Payable, Fixed Assets, Foundation Finance, Cashiers and Student Accounts, and Financial Accounting.

To provide a full range of accounting and financial reporting services for the affiliated organizations that support the University of North Carolina s is critical to UNCG as well as the five affiliated organizations. Accurate financial reporting is required by management to make financial decisions within the organization and the University. Accuracy is also essential for maintaining compliance with Federal and State laws, board decisions, and donor‑imposed restrictions.

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.

• 15% – Lead the Office of Foundation Finance team
  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.
• 15% – Specialized Reporting
  This includes yearly management reports, budgets, and investment reports; 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 and timely, ensuring all information is complete, accurate, and available in advance of meetings.
  
  Complete required surveys for external entities.
• 40% – Complete market ledgers for UNCGIF, Excellence, and Endowment.
  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. Must be knowledgeable of donor restrictions, underwater fund considerations, and special circumstances. Market ledgers must be completed within 5 days of receiving custodian data.
  
  Accuracy…