Senior Accountant
Winston Salem State University, Winston Salem, NC, United States
Senior Accountant
The Senior Accountant at Winston‑Salem State University is responsible for the oversight, financial management, and compliance of the university’s restricted accounts, including endowments, scholarships, sponsored gifts, and donor‑restricted funds.
Responsibilities
Manage accounting, reconciliation, and financial reporting for all restricted and endowed funds.
Prepare monthly, quarterly, and annual reports on restricted‑fund activity for senior leadership, Advancement, and the WSSU Foundation.
Ensure timely posting and reconciliation of revenues, expenditures, transfers, and investment earnings.
Partner with the Controller’s Office to prepare required financial statements, schedules, and disclosures related to restricted assets.
Utilize financial software to account for Foundation financial activity and complete monthly bank and investment statement reconciliations.
Ensure all restricted funds are administered in accordance with donor intent, university policy, UNC System guidelines, and applicable legal and regulatory requirements.
Oversee endowment spending calculations, payout schedules, and monitoring of fund balances.
Serve as primary point of contact for internal and external audits of restricted accounts.
Monitor compliance with grant and gift agreements, ensuring expenditures meet donor restrictions.
Partner with University Advancement and the WSSU Foundation to strengthen stewardship reporting to donors.
Provide financial guidance to academic and administrative units on the appropriate use of restricted funds.
Support budgeting and forecasting processes related to scholarships, endowment payouts, and gift‑funded initiatives.
Develop and improve financial controls, processes, and reporting tools to enhance efficiency and accountability.
May supervise staff assigned to restricted‑fund management.
Present fund performance and compliance updates to University leadership and Board/Foundation committees as needed.
Educate stakeholders across campus on restricted‑fund management best practices and compliance requirements.
Requirements
Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
At least four years of progressive financial management experience, preferably in higher education, foundations, or nonprofit fund accounting.
Strong knowledge of GAAP, fund accounting, and endowment/gift‑fund management practices.
Demonstrated experience preparing financial reports, audits, and reconciliations.
High attention to detail, analytical skills, and ability to manage multiple priorities.
Master’s degree in Accounting, Finance, Business Administration, or a related field (preferred).
Experience with UNC System financial policies, state fund accounting, or similar higher‑education frameworks (preferred).
Familiarity with donor stewardship practices and Advancement/Foundation partnerships (preferred).
Position Details
Position Number: 117013
Appointment Type: Permanent Full‑Time
Working Hours: Monday–Friday 8:00 am – 5:00 pm (with occasional evenings and weekends during year‑end)
Location: 1604‑B Lowery St.
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The Senior Accountant at Winston‑Salem State University is responsible for the oversight, financial management, and compliance of the university’s restricted accounts, including endowments, scholarships, sponsored gifts, and donor‑restricted funds.
Responsibilities
Manage accounting, reconciliation, and financial reporting for all restricted and endowed funds.
Prepare monthly, quarterly, and annual reports on restricted‑fund activity for senior leadership, Advancement, and the WSSU Foundation.
Ensure timely posting and reconciliation of revenues, expenditures, transfers, and investment earnings.
Partner with the Controller’s Office to prepare required financial statements, schedules, and disclosures related to restricted assets.
Utilize financial software to account for Foundation financial activity and complete monthly bank and investment statement reconciliations.
Ensure all restricted funds are administered in accordance with donor intent, university policy, UNC System guidelines, and applicable legal and regulatory requirements.
Oversee endowment spending calculations, payout schedules, and monitoring of fund balances.
Serve as primary point of contact for internal and external audits of restricted accounts.
Monitor compliance with grant and gift agreements, ensuring expenditures meet donor restrictions.
Partner with University Advancement and the WSSU Foundation to strengthen stewardship reporting to donors.
Provide financial guidance to academic and administrative units on the appropriate use of restricted funds.
Support budgeting and forecasting processes related to scholarships, endowment payouts, and gift‑funded initiatives.
Develop and improve financial controls, processes, and reporting tools to enhance efficiency and accountability.
May supervise staff assigned to restricted‑fund management.
Present fund performance and compliance updates to University leadership and Board/Foundation committees as needed.
Educate stakeholders across campus on restricted‑fund management best practices and compliance requirements.
Requirements
Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
At least four years of progressive financial management experience, preferably in higher education, foundations, or nonprofit fund accounting.
Strong knowledge of GAAP, fund accounting, and endowment/gift‑fund management practices.
Demonstrated experience preparing financial reports, audits, and reconciliations.
High attention to detail, analytical skills, and ability to manage multiple priorities.
Master’s degree in Accounting, Finance, Business Administration, or a related field (preferred).
Experience with UNC System financial policies, state fund accounting, or similar higher‑education frameworks (preferred).
Familiarity with donor stewardship practices and Advancement/Foundation partnerships (preferred).
Position Details
Position Number: 117013
Appointment Type: Permanent Full‑Time
Working Hours: Monday–Friday 8:00 am – 5:00 pm (with occasional evenings and weekends during year‑end)
Location: 1604‑B Lowery St.
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