Job Description

Primary Purpose of Position
This position has direct responsibility for accounting functions for the University’s Capital Improvement (CI) projects, including 1) fund setup; 2) ongoing financial and budget administration; and 3) key month-end and year-end reporting responsibilities.
Minimum Education/Experience
Required Minimum Qualifications: 
 
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. 
 
University Preferred Qualifications: 
 
Graduation from a four-year college or university with a degree in accounting or business administration and two (2) years of accounting experience, or an equivalent combination of training and/or experience. 
Essential Job Duties
Essential ongoing job duties include: 
- Overall cash management related to Capital Improvement (CI) projects 
- Independently establish all University CI Projects in the accounting and budget systems and record budget revisions 
- Prepare journal entries and bank transfers to transfer cash in Banner for receipt supported projects 
- Prepare/record CI allotments 
- Ensure sufficient funding is available before processing CI invoices for payment 
- Transfer and requisition CI funds from the state 
- Monitor CI project fund levels and expenditures 
- Reconcile monthly CI budget report for each CI budget code and certify CI balances to the state; other related month-end close duties as needed 
- Year-end CI tasks; work closely with Reporting & Fixed Assets department to record CI project accruals and contract retainage and to prepare Completed Projects/Construction in Progress data 
 
Must maintain knowledge of policies and standards related to construction project reporting, including GAAP, Office of State Budget Management (OSBM) and Office of State Controller (OSC) policies and procedures, and UNC System Office Business Process Standards, to ensure University compliance. 
 
Excellent collaboration with General Accounting, the Budget Office, Reporting & Fixed Assets, Facilities Management-Capital Projects, and any other personnel/departments who are involved in CI-related funding and accounting decisions.
Other Work Responsibilities
Assist with process improvement and technology projects related to CI project accounting/budgeting, as needed. 
 
Maintain accurate process documentation. 
 
Assist with other General Accounting tasks as needed; cross-train with and serve as back-up for other General Accounting staff.
Departmental Preferred Experience, Skills, Training/Education
- 4-year degree in accounting or related degree 
- Experience in higher education working with construction project accounting 
- Excellent organizational skills 
- Extremely detail-oriented 
- Excellent verbal and written communication skills 
- Team player; collaborative in all regards 
- Ability to manage a high volume of work 
- Proficient with Microsoft Excel 
- Experience with Banner ERP and/or other North Carolina state accounting/budgeting systems (e.g., IBIS, NCFS)