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Manager of Philanthropic Accounting

Fordham University

Job Description

Manager of Philanthropic Accounting

Accounting Services, Rose Hill

Fordham University

Fordham University has an excellent reputation as a dynamic institution located in New York City. Founded in 1841, Fordham enrolls more than 16,000 undergraduate and graduate students in its 9 Colleges and Schools.

  • Fordham University offers a comprehensive and competitive benefits package to its employees, which includes medical, dental, vision, life, and disability insurance.
  • We offer tuition remission for employees and their dependents
  • A generous immediate employer match towards a 403(b) retirement plan.
  • As a tax-exempt organization under section 501(c)(3) of the Internal Revenue Code (IRC), Fordham is considered a qualifying employer for the Public Service Loan Forgiveness (PSLF) program, a federal program designed to forgive student loan debt for employees of certain public and certain nonprofit employers.
  • As part of its work-life balance program, the University provides generous PTO including 15 vacation days, 12 sick days, 2 personal days, 6 summer Fridays, and holidays that include paid time off between Christmas and New year.
  • University employees have access to the Employee Assistance Program (EAP). EAP provides no-cost, professional, and confidential services, to help employees and family members address a variety of personal, family, life, and work-related issues.

Position Summary

The Manager of Philanthropic Accounting supports the Accounting and Reporting Group, which is responsible for accounting, reporting, and financial compliance functions. This manager will provide accounting and reporting functions as it relates to gift instruments (gifts, pledges, endowments, life income, and other special purpose funds), and the related fund balances. This includes developing and maintaining accounting records, processing of accounting transactions, complex reconciliations to sub-ledgers and various other records, reviewing gift instruments for donor intent, administering the university’s endowment utilizing a web-based management solution, and performing various other tasks and analyses.

This manager serves as a key liaison between the Finance group, the Development office, and key stakeholders throughout the University on fund balances. This Manager of Philanthropic Accounting also plays a crucial role in ensuring financial controls are in place and relevant reports are accurate and compliant with the required accounting standards, rules, and regulations.

Essential Functions

  • Hands-on role in accounting, reconciling and reporting on gift instruments and related fund balances. This includes timely and accurate record keeping of all associated activities, interpreting donor restrictions and other stipulations in gift instruments, frequently interacting with the University’s Development Office and University stakeholders, and overseeing Fundriver, the University’s web-based endowment management solution.
  • Manages, track, and report on endowment funds, utilizing Fundriver
  • Maintains and reconciles accounting records, which includes reconciling the sub-ledger and other support to the general ledger, resolving discrepancies utilizing a solution-based approach, to ensure accuracy and completeness, and processing accounting transactions in accordance with Generally Accepted Accounting Principles
  • Performs reviews and analysis on expenses, ensuring spending is in accordance with the terms of the gift agreement and in line with the all-funds University budget
  • Enhances the design of, and maintain the Chart of Accounts to meet changing institutional needs
  • Prepares and present an ad-hoc analysis of financially-related subjects and reconciliations of financial transactions using queries and reports
  • Produces clear, accurate, and well-organized documentation to support the work performed
  • Conduct financial research, and analysis to support responses from stakeholder inquiries and to support critical decisions; develop actionable recommendations based on the research; effectively communicate analyses and recommendations in both oral presentations and written documents
  • Maintains proper internal controls to achieve safeguard of University assets; ensuring reliability and integrity of financial information in accordance with best practices
  • Provides high-level service and solutions to University employees on accounting and financial issues
  • Prepares complex internal and external monthly, quarterly, and annual financial reports with accuracy on a timely basis ensuring quality accounting and best practices are followed
  • Prepares footnote disclosures and supporting work papers for the University’s Financial Statements and related fiscal year audit ensuring in accordance with U.S. generally accepted accounting principles
  • Maintains current accounting processes and controls and works with management to identify opportunities to continuously improve
  • Supports the development and enhancement of systems, processes, reports, and data analysis
  • Researches relevant technical topics and applies topics as necessary
  • Participates and leads training sessions to educate the University community in using proper accounting procedures, processing transactions, and in automated systems and tools
  • Stays current in professional knowledge and development
  • Supports the Accounting Services group as needed

Required Qualifications

  • Bachelor’s Degree in Accounting, CPA or CPA track, and/or public accounting experience a plus.
  • Minimum of 3 years of Not-for-profit accounting experience and a minimum of 3 years of experience performing audit with a public accounting firm preferred.
  • Excellent MS Office, particularly Excel skills.
  • Quantitative financial analysis skills, developing data queries, and embraces digitalization/automation.
  • Experience with financial systems, Banner, TM1, Fundriver, and Hyland desirable.
  • Excellent time management, organizational, planning, and interpersonal skills; ability to prioritize work; data management.
  • Ability to manage multiple projects, pivot, adapt, be receptive to new ideas, and available to work overtime when necessary..
  • Attention to detail and accuracy, problem-solving, and maintain confidentiality
  • Excellent communication skills.
  • A self-motivated individual who can work independently to solve problems.
  • Available to work overtime when necessary.
  • Successful candidates should have a knowledge of and commitment to the goals of Jesuit Education.

Minimum Starting Salary: $95,000

Maximum Starting Salary: $105,000

Note: Salary is commensurate with qualifications, experience, and skills.

FLSA CATEGORY: Exempt

START DATE: ASAP

APPLY HERE: https://careers.fordham.edu/postings/4810

ABOUT FORDHAM

Founded in 1841, Fordham is the Jesuit University of New York, offering an exceptional education distinguished by the Jesuit tradition to more than 16,000 students in its 9 colleges and schools. It has residential campuses in the Bronx and Manhattan, a campus in West Harrison, N.Y., the Louis Calder Center Biological Field Station in Armonk, N.Y., and the London Centre in the United Kingdom.

Fordham University is committed to excellence through diversity and welcomes candidates of all backgrounds.

Fordham is an Equal Opportunity Employer – Veterans/Disabled and other protected categories

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