Senior Budget Accountant Job at Elon University
Position Details
Position Information
Position Title
Senior Budget Accountant
Requisition Number
20122561
Type of Employment
Full-Time Regular
Number Of Months
12
Months Employed
Number of Hours per Day/Week
40
Daily Hours
Position Summary Information
Summary of Position
This position is responsible for loading and balancing the annual operating and restricted fund budgets, analyzing, and organizing new budget requests for review by the Budget Committee and working with IT to maintain and enhance the online budget request system. This position also works with the School of Law management to prepare monthly budget to actual and forecast reports; Records and monitors investment activity related to the university endowment and related funds and provides related information to University Advancement, Financial Planning, and Senior Management. This position supervises and hires student employees and coordinates related daily activities.
Benefits of Working at Elon University As an Elon University employee, you’ll join an internationally acclaimed university with a commitment to fostering a thriving community. Ranked among the most innovative, creative and best-run universities in the nation, Elon’s personal approach to education extends to employees, whose growth, professional development and success is a hallmark of our training and advancement opportunities.
Elon University’s home is the charming town of Elon, North Carolina, a small, friendly community located a short distance from the beach and the mountains, and among the vibrant cities of Greensboro, Raleigh and Durham. In addition to the beautiful canopy of historic oak trees iconic to our campus, you’ll find boundless opportunities for family-friendly recreation, cultural events and outdoor activities. Hiking, water sports, fine dining and entertainment are just a few of the many happenings in the Elon area, making the region one of the nation’s premier travel destinations.
Employees at Elon enjoy a generous and comprehensive benefits package that includes: · 28 annual days off, including holidays and vacation.
Eligibility for tuition remission at Elon for spouses, qualifying domestic partners and dependents begins at three years of service. After four years of employment, eligibility begins for participation in the Tuition Exchange, a national scholarship exchange program that enables dependents to enroll in nationally recognized partner colleges and universities.
Elon values and celebrates the diverse backgrounds, cultures, experiences and perspectives of our community members. As an equal opportunity employer, Elon’s principles of diversity extend to race and gender identity, age, disability status, veteran status, sexual orientation, religion, and other aspects of one’s identity. At Elon, our employees respect human differences, passion for lifelong learning, emphasis on personal integrity and an ethic of service.
Benefits of Working at Elon University As an Elon University employee, you’ll join an internationally acclaimed university with a commitment to fostering a thriving community. Ranked among the most innovative, creative and best-run universities in the nation, Elon’s personal approach to education extends to employees, whose growth, professional development and success is a hallmark of our training and advancement opportunities.
Elon University’s home is the charming town of Elon, North Carolina, a small, friendly community located a short distance from the beach and the mountains, and among the vibrant cities of Greensboro, Raleigh and Durham. In addition to the beautiful canopy of historic oak trees iconic to our campus, you’ll find boundless opportunities for family-friendly recreation, cultural events and outdoor activities. Hiking, water sports, fine dining and entertainment are just a few of the many happenings in the Elon area, making the region one of the nation’s premier travel destinations.
Employees at Elon enjoy a generous and comprehensive benefits package that includes: · 28 annual days off, including holidays and vacation.
- Immediate tuition remission for employees.
- Retirement plan with an 8 percent contribution from the university.
- Immediate eligibility for health, dental and vision insurance, along with free acute care and lab services at our onsite Health & Wellness Clinic.
- Free use of campus fitness facilities.
- Free admission to musical and theater performances, guest speakers, religious and ethnic observances, recitals, art exhibitions, entertainment and our Division I Phoenix athletics.
Eligibility for tuition remission at Elon for spouses, qualifying domestic partners and dependents begins at three years of service. After four years of employment, eligibility begins for participation in the Tuition Exchange, a national scholarship exchange program that enables dependents to enroll in nationally recognized partner colleges and universities.
Elon values and celebrates the diverse backgrounds, cultures, experiences and perspectives of our community members. As an equal opportunity employer, Elon’s principles of diversity extend to race and gender identity, age, disability status, veteran status, sexual orientation, religion, and other aspects of one’s identity. At Elon, our employees respect human differences, passion for lifelong learning, emphasis on personal integrity and an ethic of service.
Education Requirements
Bachelor’s degree
Degree/Major
Business, Accounting or Finance
Length of Experience
Minimum of 3 years experience
Supervisory Experience
No
Supervisory Experience Detail
This position does not have supervisory responsibilities.
Special Skills or Experience
Excellent written and verbal communication skills are required. The ability to explain financial information clearly and concisely is important. Strong analytical and organizational skills. Must have the ability to analyze information and form conclusions. Strong knowledge Microsoft Word, PowerPoint, Excel, Outlook, SharePoint, and Teams is required. Ability to manage multiple priorities. Develop collaborative relationships across the university. Maintains current knowledge of generally accepted accounting principles.
Special Instructions to Applicants
Posting Detail Information
Posting Date
05/09/2023
Closing Date
Open Until Filled
Yes
Position Description
Position Description
This section is required and must be completed.
General Purpose of Position
This position is responsible for loading and balancing the annual operating and restricted fund budgets, analyzing, and organizing new budget requests for review by the Budget Committee and working with IT to maintain and enhance the online budget request system. This position also works with the School of Law management to prepare monthly budget to actual and forecast reports; Records and monitors investment activity related to the university endowment and related funds and provides related information to University Advancement, Financial Planning, and Senior Management. This position supervises and hires student employees and coordinates related daily activities.
Essential Duties and Responsibilities
Loads and balances the operating and restricted budget. Responds to budget questions and general ledger inquiries from departments across the university. Establishes and maintains budgets for designated funds. Works with faculty and staff relating to designated fund budgets and activities. Monthly review of budget verses actual expenditures including research and follow-up on variances. Runs and distributes monthly budget reports to VP of Finance and Administration, Associate VP of Business and Finance and Comptroller. Monitors spending of contingency and reserve funds and provides reporting to management.
Prepares weekly reports related to available cash and liquidity status as it pertains to operations and bond covenants. Prepares monthly cash graphs for distribution to Senior Management. Reconciles primary operating bank accounts for receipts and distributions.
Point person for guidance to School of Law management related to accounting and budgeting issues and prepares monthly Budget to Actual and Forecast information which is distributed to Senior Management. Prepares financial sections of the ABA and AALS reporting for the School of Law.
Provides report which serves as basis for yearend balance analysis and projection by Director of Budget and Cash Management. Records investment activity related to the university endowment and related funds and provides information related to the endowment to University Advancement, Financial Planning and Senior Management as needed. Prepares the responses to the annual NACUBO Endowment survey. Prepares the spending policy calculation as well as the Available to Spend report for senior management.
Supervises student employees and coordinates daily tasks.
Aids in the preparation of financial statements and related audit required workpapers and footnotes.
Prepares weekly reports related to available cash and liquidity status as it pertains to operations and bond covenants. Prepares monthly cash graphs for distribution to Senior Management. Reconciles primary operating bank accounts for receipts and distributions.
Point person for guidance to School of Law management related to accounting and budgeting issues and prepares monthly Budget to Actual and Forecast information which is distributed to Senior Management. Prepares financial sections of the ABA and AALS reporting for the School of Law.
Provides report which serves as basis for yearend balance analysis and projection by Director of Budget and Cash Management. Records investment activity related to the university endowment and related funds and provides information related to the endowment to University Advancement, Financial Planning and Senior Management as needed. Prepares the responses to the annual NACUBO Endowment survey. Prepares the spending policy calculation as well as the Available to Spend report for senior management.
Supervises student employees and coordinates daily tasks.
Aids in the preparation of financial statements and related audit required workpapers and footnotes.
Education and Experience
Bachelor’s degree in business, finance or accounting. Minimum of 3 years budget experience.
Does this position require driving for the university?
No
ADDITIONAL INFORMATION.
- Experience with presenting information in small group settings.
- Ability to accurately analyze data and make interpretations, as well as detect and reconcile discrepancies in financial records.
- Strong knowledge of budget and generally accepted accounting principles.
- Strong and effective interpersonal skills with the ability to listen well and work in a team-oriented environment.
- Ability to present both oral and written communication in a clear and concise manner
- Ability to professionally manage highly sensitive and confidential information.
- Ability to establish and maintain professional and productive working relationships with staff at all levels at the University.
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