Description

Compensation Type: Annual salary
Job Type:
Full Time

Pay Range: $65,000-$70,000
Organization's Mission: Westminster College is a private, independent college dedicated to student learning. We are a community of learners with a long and honored tradition of caring deeply about students and their education. We offer liberal arts and professional education in courses of study for undergraduate, selected graduate, and other innovative degree and non-degree programs. Students are challenged to experiment with ideas, raise questions, critically examine alternatives, and make informed decisions. We encourage students to accept responsibility for their learning, to discover and pursue their passions, and to promote more equitable and sustainable communities.

Our purposes are to prepare students to lead lives of learning, accomplishment, and service and to help them develop skills and attributes critical for success in a diverse and interdependent world. We promote distinctive approaches to engaged learning that emphasize theory and practice in our academic and co-curricular programs.
Organization's Race, Equity, Diversity, & Inclusion Statement and Work: Westminster College is dedicated to social justice, equity, and respect as fundamental components of our mission and core values. Informed by our college-wide learning goals, Westminster acknowledges and engages with the values, experiences, worldviews, and intersectional identities and characteristics of all members of our campus community. Furthermore, we strive for Inclusive Excellence by consistently interweaving diversity and inclusion into our curricula and co-curricular activities, programs, policies, practices, and external engagement. It is our goal to cultivate a respectful, equitable, and healthy campus community.

As part of this statement, we define diversity as individual differences, life experiences, group/social differences (e.g., race/ethnicity, class, gender identity and expression, sexual orientation, nationality, and disability), historically underrepresented groups, and groups with cultural, political, religious/spiritual, or other affiliations.
Position Summary: The Financial and Accounting Analyst performs basic to moderately complex accounting, reporting and analysis. This position is a lead accountant in investment and endowment accounting and general reporting, and works closely with Controller. The position also performs project accounting, financial analysis & reporting as well as ad hoc analyses and annual surveys.
Primary Responsibilities: ACCOUNTING AND REPORTING
- Prepare and/or review monthly journal entries of the assigned area
- Perform assigned monthly closing duties
- Assist Controller in developing monthly income statement, balance sheet and cash flow statement
- Assist in Controller and VP of finance to develop financial matrix to monitor the financial health of the organization
- Reconcile debt accounts, J/E as necessary and prepare monthly loan and debt payment and amortization schedule
- Prepare Balance Sheet Indicators report
- Prepare audit work paper of the assigned areas
- Prepare and submit external report and surveys (IPEDS, Tuition Discount report, and Study of Endowments, etc.)

INVESTMENT AND ENDOWMENT ACCOUNTING
- Monthly journal entries of changes in investment and fees, transfer excess cash as necessary, monitor and J/E trust accounts, and prepare a quarterly Investment report.
- Endowment accounting; use the external endowment accounting system to track, monitor, and record endowment assets and income.
- Prepare a quarterly report for board of Trustees and Institutional Advancement
- Annuities and Trusts: Obtain statements, monitor, and make J/E, and develop reporting
- Handle capital calls
- Assist VP of Finance to review and update the annual Endowment spending, and obtain Trustees’ approval

GIFT ACCOUNTING
- Develop and perform gift, endowment, and pledge accounting process to ensure timely and accurate recording
- work closely with Institutional Advancement team to ensure data recognized in IA is properly reflected on the accounting system,
- Record restricted and unrestricted contribution, pledges, promise to give, and non-cash contribution in accordance with the generally accepted accounting principles.
- Develop and maintain monthly and quarterly reporting

PROJECT ACCOUNTING AND REPORTING
- Track and monitor budget vs. actual of individual projects (capital, strategic, and other projects)
- Work closely with project owners to inform the financial status of the project
- Develop monthly reports and disseminate to stakeholders

REVENUE PROJECTION
- Will be the lead person to navigate and monitor the Enrollment model.
- Work with the Enrollment and Provost team to reflect data into our enrollment model

CHART OF ACCOUNTS
Have an understanding of the current Chart of Accounts and work with Controller to determine the effectiveness and appropriateness of accounts. Proactively engage in the COA review process

REPORTING
- Prepare the yearly financial aid scholarship awards and restricted binders for the audit
- Oversee all fixed assets, maintain the asset list for the college and prepare the yearly capitalization for year end
- Create and balance the current financial information to the general ledger, prepare quarterly and annual financial reports

DIVERSITY AND INCLUSION
Promote an Inclusive Westminster through demonstration of the commitments included in the Westminster College Diversity Statement. Participate in developmental activities to increase understanding and awareness of issues related to diversity, equity and inclusion both individually and as related to my field of work, profession or discipline.
Desired Qualifications: -Bachelor’s degree and related accounting experience and/or training
-Minimum of 4 years related experience
-Advanced Excel spreadsheet and database skills
-High level of analytical and critical thinking skills and problem solving abilities
-Ability to handle multiple priorities and meet deadlines.
Benefits / Why Work With Us: Join a great team and campus culture! Westminster College offers medical, dental, vision, paid time off, sick leave, life insurance, and 403(b) contributions.
How to Apply: Westminster's website
Location: Salt Lake City

Information

Job Post Link: Visit additional job posting information.
Organization Website: Visit website
Contact: Human Resources
Email: hiring@westminstercollege.edu
Phone: 801-832-2572