Investment and Financial Planning Accountant

Title:   Investment and FP&A Accountant

Department:  Finance and Business

Employment Status:  Full Time 

FLSA Status:  Exempt                 

Organizational Relationship: Reports to the Executive Director of Finance & Business

Job Purpose: The Finance and Business Office is responsible for the overall integrity of the College’s fiscal activities. It provides timely and accurate financial information to key stakeholders, while protecting College assets, both real and intangible, and ensuring College compliance with federal, state, and local tax laws from a financial and fiduciary vantage point.

The Investment & Financial Planning Accountant will report directly to the Executive Director of Finance & Business, and will be independently responsible for the management, execution, and support of several complex strategic and operational financial activities.

DUTIES/RESPONSIBILITIES:     

Essential Functions:

• Financial Planning & Analysis:
  • Monitor, review and analyze financial results, trends and funding, in comparison to budget and forecast, as well as monitor performance against prior years and strategic plans, as applicable.
  • Prioritize, identify, and resolve strategic department issues; recognize exceptions, recommend and develop resolutions and implements solutions.
  • Oversee annual capital project budgets.
• Investments:
• Review investment statements and prepare monthly endowment report/endowment analysis.
• Prepare quarterly investment journal entries (investment income, realized and unrealized gains/losses, etc.).
• Make quarterly endowment journal entries to the general ledger, and update the funded gift schedule and schedule of gifts received for the year.
• Prepare necessary journal entries to fund gifts to our investment portfolio.
• Update daily investment report showing current investment balances.
• Prepare annual unitization report and endowment income and spending journal entries.
• Prepare a breakout of all endowment spending to each individual donor account.
• Handle the accounting for contributions, by working in conjunction with the Institutional Advancement Office.
• Reconcile pledges receivable and contribution revenue on a monthly basis.
• Gather information for annual NACUBO report.
• Work with faculty and the Advancement Office on providing the necessary information for filing, obtaining, and maintaining grants.
• Assist in compiling financial information and documentation needed by the College for external reporting.
• Perform other related duties as assigned. The omission of specific duties does not preclude the supervisor from assigning duties that are logically related to the position.

Non-Essential Functions:

• Assist with work assignments and special projects within the department as requested.
• Interact daily, in-person, via telephone and through e-mail with administration, students, and outside agencies providing assistance and information regarding financial and general inquiry.

QUALIFICATIONS:

Education:

• Bachelor’s Degree in Accounting, plus 3 years of relevant accounting experience
• MS in Accounting or MBA is preferred
• Financial experience with a higher education institution or non-profit organization is highly desirable.
• Highly effective communication, organizational, and interpersonal skills.

Licenses:         

• CPA required

Desired Work Traits:

• Experience in Higher Education
• Strong initiative and ability to manage multiple projects
• Ability to complete projects timely and accurately
• Must be detail-oriented with strong organizational and analytical skills

Computer Skills: 

• Proficiency in Microsoft Office applications
• Experience in Oracle (a plus)

Communication/Interpersonal Skills:         

• Must exhibit competence with verbal and written communication skills and an ability to maintain effective relationships with various campus departments, and outside organizations. 
• Ability to work individually or as part of a team

SPECIAL CONSIDERATIONS

Nothing in this job description restricts Management’s right to assign or reassign duties and responsibilities to this job at any time.