Accountant II (Financial Analyst)
North Carolina Central University
IT, Accounting & Finance
Posted on Aug 24, 2024
Accountant II (Financial Analyst)
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Posting Details
Position Information
| Working Title | Accountant II (Financial Analyst) |
|---|---|
| Position Number | 600530 |
| Appointment Type | Permanent - Full Time |
| Tenure Track | No |
| FTE | 1 = 40 hours/week, 12 months |
| If time limited, duration date |
Position Overview
| Be an Eagle - Where Purpose Takes Flight! | |
|---|---|
| Primary Function of Organizational Unit | Financial Reporting, part of the Comptroller’s Unit (CU), is an accounting organization responsible for performing detailed analyses and compiling financial statements for internal and external reporting purposes. This department conducts the University’s accounting functions and activities in accordance with generally accepted accounting principles, specifically those set by the Governmental Accounting Standards Board (GASB). Additionally, it adheres to University policies and guidelines, as well as sound business practices. |
| Primary Purpose of Position | To evaluate, review, and compile accurate financial reports at North Carolina Central University, financial analysts will ensure compliance with applicable state and federal statutes, regulatory practices, procedures, generally accepted accounting principles, and other relevant rules and regulations. Their duties include preparing technical and financial reports, monitoring fiscal actions, conducting liability assessments, maintaining records, analyzing data, and assisting in preparing legal documents as required. Additionally, financial analysts will interpret financial records and develop program procedures to maintain the integrity of financial reports and business operations. They are also required to develop and maintain effective working relationships with regulated industries, government officials, administrators, and civic leaders. Effective communication skills are essential for financial analysts. |
| Required Knowledge, Skills, and Abilities | Knowledge of generally accepted accounting principles as they relate to GASB; strong analytical and communication skills; adept at working independently and within a group or team; ability to start, organize, and complete financial and other projects in a timely manner; proficiency in MS Excel (pivot tables, lookups, sumifs, etc.). Knowledge of generally accepted accounting principles as they relate to GASB; strong analytical and communication skills; adept at working independently and within a group or team; ability to start, organize, and complete financial and other projects in a timely manner. |
| Minimum Education/Experience | Bachelor’s degree with 12 credit hours of accounting coursework; or Associate’s degree in Accounting; or Associate’s degree in Business or related discipline with 12 credit hours of accounting coursework; or equivalent combination of training and experience. All degrees must be received from appropriately accredited institutions. |
| Licenses or Certification required by Statute or Regulation | N/A |
| Equal Opportunity Employer | North Carolina Central University is an equal opportunity and affirmative action employer. All qualified applicants will receive consideration for employment without regard to age, color, disability, gender, gender expression, gender identity, genetic information, national origin, race, religion, sex, sexual orientation, or status as a protected veteran. |
Primary Responsibilities and Duties
| Function | Knowledge - Professional |
|---|---|
| Describe the specific tasks and responsibilities related to the function. | Interpret, analyze, evaluate, record, classify, and summarize financial transactions and events in accordance with generally accepted accounting principles. Conduct internal audits to ensure conformity with the organization’s financial, operational, and compliance goals. Analyze, forecast, and compile moderately complex data. Verify the monthly summary of transactions to detect and correct errors before transmitting data to the Office of State Controller (OSC). Prepare monthly reconciliations of general ledger accounts. Demonstrate the ability to extract, research, investigate, analyze, reconcile, and evaluate data. Prepare supporting statements and schedules requested by the OSC for inclusion in the Statewide Annual Comprehensive Financial Report (ACFR). Maintain fiscal transactions in the Banner Finance System (BFS) and the North Carolina Financial System (NCFS). Perform other duties as assigned. |
| Function | Communication |
|---|---|
| Describe the specific tasks and responsibilities related to the function. | Ability to communicate information effectively to co-workers, management, and external agencies. Prepare written communications to various departments to request data. Review and edit the work of others. Assist in preparation for the annual external audit. Deliver formal presentations during the accrual process (13th month). Document complex issues and articulate written conclusions clearly. Interact with officials and executives. Perform other duties as assigned. |
| Function | Information Analysis and Decision Making |
|---|---|
| Describe the specific tasks and responsibilities related to the function. | Identify the necessary data and supporting documents from various offices, including Financial, Academic, Development, Legal, and Student Affairs. Draw independent conclusions and recommendations regarding daily issues. Assist the Director of Financial Reporting with corrections and enhancements to the accounting system. Independent analyses of the Banner Finance system should be conducted by GASB, FASB, OSC, and UNC System Office guidelines. Serve as a resource for resolving moderately complex problems by identifying substantive issues that are thoroughly researched and analyzed. Investigate, examine, and prepare documents to correct errors in internal and external financial reports as needed. Review accounting correction entries from staff members and make recommendations for approval. Gather, organize, summarize, and analyze data within prescribed timeframes. Perform other duties as assigned. |
| Function | Financial Monitoring & Analysis |
|---|---|
| Describe the specific tasks and responsibilities related to the function. | Compile, monitor, examine, and audit moderately complex financial statement reports. Analyze annual expenditures and classify them to comply with the guidelines issued by the UNC System Office for IPEDS. Prepare the IPEDS report for submission in October each year and complete the online report in February for submission to the U.S. Department of Education. Prepare journal entries to record beginning balance restatements and audits. Demonstrate the ability to extract, research, investigate, analyze, reconcile, and evaluate data. Process month-end transfers for Student Accounting. Transmit monthly accounting transactions in the North Carolina Financial System (NCFS). Review and submit reports to the OSC. Perform other duties as assigned. |
Posting Detail Information
| Posting Number | EPA03254P |
|---|---|
| Open Date | 08/23/2024 |
| Date desired for closing or initial review | |
| Close Date | |
| Open Until Filled | Yes |
| Date Position Available | |
| Special Instructions to Applicants |
Applicant Documents
Required Documents
- Resume/CV
- Cover Letter
- Unofficial Transcripts (official required from selected candidate)
- List of References
- DD-214 (Veterans Only)
- NGB23A or NGB22/DD256 (National Guard Only)
Supplemental Questions
Required fields are indicated with an asterisk (*).