Summary
Description
Senior Accountant, University of Colorado Foundation Job Announcement
Position Title: Senior Accountant – HYBRID
Reports To: Assistant Controller
Hiring Salary Range: _$85,765 – $100,900_ + bonus
FLSA Status: Exempt
Position Status: Full Time in a Hybrid Workplace
Posting Dates: Open until filled. For best consideration, apply by July 11.
JOB SUMMARY
The Senior Accountant is responsible for general ledger accounting, including analysis of business transactions to prepare journal entries, portions of the month-end close process, financial data preparation, account analysis and reconciliations. This position will take a lead role in processing complex transactions related to security sales, real estate sales, and other transactions ensuring accuracy in accounting for these transactions using GAAP guidelines. The successful applicant will have the skills necessary to develop, interpret, and implement moderate to complex financial accounting concepts within fund accounting, and an ability to evaluate high volume transactions within financial planning, reporting, and control.
ESSENTIAL DUTIES
- Support the mission, vision, values, and goals of the CU Foundation’s strategic plan
- Deliver exceptional customer service.
- Embrace the Foundation’s mission and a culture of belonging and collaboration with each other and our colleagues.
- Record/approve accounting transactions within the guidelines of Generally Accepted Accounting Principles (GAAP), not-for-profit fund accounting, and technical accounting for investments.
- Analyze data on an accrual basis of accounting. Ability to review high volumes of transactions for an organization with over $2.5B in Net Assets and report with accuracy
- Review balance sheet account reconciliations, identify errors, and provide feedback for corrections. Reconcile and analyze balance sheet accounts; posts adjustments and corrections as needed.
- Serve as a resource and subject matter expert to internal and external customers regarding their requests and questions.
- Prepare financial statements and investment reports for multiple entities. Interpret financial statement information on a fund by fund basis, analyze allocations, and report on fluctuations in investment market valuations
- Serve as a key participant in monthly and quarterly business financial reviews. Analyses data and troubleshoots problems.
- Post and review journal entries as required.
- Review, post and/or adjusts complex gift transactions. Recommends proper accounting treatment of gifts and pledges to the Controller or CFO.
- Maintain ownership over accounting areas which may include but are not limited to investments, planned gifts, market valuations, payroll, consolidated entity accounting, gift recognition, expense recognition, cash management, net assets, real estate investments, and prepaids.
- Prepare month end, quarter, and annual financial reporting package schedules as needed
- Participate in updating policies and procedures related to finance and accounting activities.
- Performs backup duties in multiple areas when other accounting staff are out of the office.
- Maintain organized records of invoices, agreements and documentation over journal entries and accounting related decisions
- Assist the Controller and CFO in identifying and mitigating organizational risk.
- Assiss with the annual audit, tax returns and other compliance tasks.
- Continually document processes and recommend improvements for all assigned duties.
Other Duties
- Participate on committees and/or task forces as requested
- Assist with special projects as requested
- Performs other duties as assigned
KNOWLEDGE AND SKILLS
- Demonstrated ability to work within a diverse team and actively seek out opportunities to promote and cultivate diversity across the organization.
- Strong current knowledge of Generally Accepted Accounting Principles (GAAP), Not-for-Profit Fund Accounting, and/or technical Investment Accounting
- Proven ability to apply broad conceptual judgment and initiative to deal with complex accounting issues.
- Strong problem solving and analytical skills.
- Thorough knowledge of financial and Internal Revenue Service regulations.
- Solid ability to communicate verbally and in writing.
- Solid ability to organize, manage and prioritize multiple tasks simultaneously, meet deadlines and follow up to ensure completion/resolution.
- Ability to function in a team-oriented environment.
- Proficiency in data security, including ability to detect, report and prevent fraud
EDUCATION/EXPERIENCE
Required
- Bachelor Degree in accounting and/or equivalent life, military and/or professional experience
- Minimum of three years accounting experience
- Proficient user of technology, particularly Microsoft Office Products, Microsoft Teams, Zoom, and Adobe Acrobat.
- Proficient in Microsoft Excel, including advanced functions such as pivot table and VLOOKUP
- GAAP, non-profit, and fund accounting knowledge
Preferred
- CPA
- preferably in auditing, non-profit fund accounting, or investment accounting.
- Experience with Blackbaud’s Financial Edge software a plus.
SOFTWARE AND EQUIPMENT UTILIZED
- Microsoft Office Products; Adobe Acrobat; Monday.com; Zoom; slack; docusign
- Salesforce; Fundriver Blackbaud’s Financial Edge; cognos; Authorize.net
WORKING ENVIRONMENT
- Hybrid schedule
- Work in an office environment requiring light physical effort by handling objects up to 20 pounds occasionally and/or up to 10 pounds frequently with or without accommodations
- Stationary at a desk for most of the day, working with standard office equipment (such as phone, copier/scanner, and personal computer) with or without accommodations.
COMPENSATION PACKAGE
The hiring salary range for this position is: $85,765 – $100,900 + bonus. Starting salary is based on education, experience, skills, and other job-related factors.
This position is eligible for an incentive bonus, a full and competitive benefits package, which includes:
- Incentive pay: up to 10% bonus
- Medical: Three plan options
- Dental: One plan option, 100% employer paid
- Vision: One plan option, 100% employer paid
- Health Savings Account: Employer contributes up to $2,300 annually
- Additional benefits: Disability, Life, Dependent/Health Flexible Spending Accounts
- Retirement 401(k) Plan: Employer contributes up to 6% of your annual compensation, per plan terms
- Paid Time Off:
- Paid Time Off: 25 (first two years)
- Holidays: 12 days
- Lifestyle Spending Account: Up to $1200 per year for reimbursements towards wellness programs
- Free underground garage parking
- Public Service Loan Forgiveness plan support
- Tuition reimbursement, 529 Savings Plan, Employee Assistance Program
- Professional Development Opportunities
WORKPLACE
Across our team, we value exceptional customer service, integrity, innovation, embracing our fiduciary responsibilities, and a welcoming and inclusive environment. Ideal candidates will operate well in a collaborative team environment while also completing work independently.
We work in an office environment in a secured building with a mini on-site gym, secure indoor garage parking, with convenient access to uptown and downtown Denver and operate on a hybrid model where staff have the option to work in-office and remotely several days per week.
TO APPLY:
Interested applicants should apply online at CU Foundation’s Careers Page.
For best consideration, applications should be received no later than 4:00 p.m. on Friday, July 11.
Please note that while the position description details both minimum requirements as well as desired skills and experience, we want to remind applicants that you do not need to have all the desired skills and experience to be considered for this role. If you have the passion for the work, along with experience in a related field, you are encouraged to apply. We can provide on-the-job training for the rest.
ANTI-DISCRIMINATION POLICY:
The University of Colorado Foundation is an Equal Opportunity Employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion (creed), sex, national origin, disability status, marital status, sexual orientation, military status, gender, gender expression, age, protected status, or any other characteristic protected by law.
The University of Colorado Foundation is committed to recruiting and supporting a diverse workforce. The Foundation practices and champions inclusiveness in our community. We honor the diverse strengths, needs, voices, and backgrounds of all members of our community. Black, Indigenous, People of Color, others who identify as nonwhite, people with disabilities, veteran status, members of the LGBTQIA+ community, and those from traditionally marginalized communities are especially encouraged to apply for this role.
ABOUT THE UNIVERSITY OF COLORADO FOUNDATION:
For over 55 years, the University of Colorado Foundation has partnered with the University of Colorado to enhance philanthropic support for CU. Private support for the University, given through the philanthropic portal of the Foundation, enables the University to transform lives through education, research, clinical care, and community engagement. The Foundation focuses its efforts on donor stewardship through customer service and assurance in gift acceptance, processing, and administration. The Foundation invests and allocates gift funds in a manner consistent with the purposes established by donors and distributes dollars from its managed funds to support a wide variety of programs and activities throughout the University system and on its four campuses.
The Foundation has just under $3 billion in assets under management, including more than 3,000 endowment funds.
The Foundation is a 501(3)c public charity governed by an independent Board of Directors. The Foundation’s day-to-day operations are carried out by an administrative staff of approximately 24 individuals overseen by the Foundation’s President and CEO.
