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New York, New York
Posted: 18-Sep-23
Location: Greensboro, North Carolina
Salary: $70,200 - $85,800
Employment Type:
Organization Type:
Required Education:
Internal Number: 013942
This position is responsible for managing the Banner Finance system chart of accounts and maintaining the integrity of the University’s financial reporting. Provides audit function for requests to establish new funds and accounts for proper approval and supporting documentation. Responsible for monitoring of attributes associated with funds and accounts that drives the financial accounting and reporting process. Duties require an advanced understanding of the financial reporting and general ledger structure of the University, generally accepted accounting principles, practices and procedures and regulatory requirements. The position will be responsible for revolutionizing our financial reporting processes by integrating advanced visualization tools. This role will play a pivotal part in enhancing traditional financial reporting through innovative data visualization techniques, thereby providing actionable insights to key stakeholders. (40%)
Important function of this position is management of the daily I monthly reconciliation of the Banner Finance system. Monitoring of the complex Banner financial system ensures general ledger transactions a properly accounted for and verifies sound integration of Payroll, Purchasing, AP and other Banner modules and systems data. When both routine and unusual and difficult problems occur, this position is responsible for analyzing complex system data, recommending appropriate modification and implementing change. Review business processes for compliance with system standards as required by UNC-G. (20%)
Accounts for complex debt service funds including setting up new funds for current bond issues, recording all 131 month journal entries, reconciling to general ledger to debt service schedules and reconciling monthly fiscal agent reports. (5%)
This position requires significant contribution to the year-end reporting process including completion of complex accrual entries for tuition discounting and debt service funds that are supported by valid, accurate and complete supporting schedules and reports. Responsible for reviewing financial business processes for weakness in internal controls and reporting to management. Work with auditors to update internal control narratives and prepare I provide other analyses and supporting documents requested by auditors. Perform detailed review of the financial statement package for compliance with GASB pronouncements and OSA proforma. Perform year end variance analysis and investigate material differences ensuring account balances are materially correct. (20% qualitatively significant)
The position is also responsible for researching accounting and reporting standards and best practices and developing a feasible work plan prior to implementing changes to the Banner Finance system as a result of new accounting standard, unique situation and/or a new accounting process. Tests of Banner Finance system are performed and documented prior to implementation of in-house changes to Banner as well as for system upgrades released by Ellucian. Results of Banner system tests are used to provide business process analysis and feedback to management regarding system design. (10%)
This position reconciles loan funds on a monthly basis and at year end. (5%)
A masters degree and two to four years of related experience or a Bachelors degree and three to five years of related experience is required.
