Director of Finance
Flat Rock, NC
Closes: Tuesday, February 28, 2023
Target Start Date
Expected Work Hours
The Director for Finance is responsible to the Associate Vice President for Finance/CFO for overseeing the College’s accounting system and fiscal practices. This position performs highly specialized analysis and interpretation of fiscal information. The work is highly complex, guides management decision-making processes through recording, classifying, examining, and analyzing and interpreting fiscal data and financial transactions.
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What You'll be Doing
- Provide highly responsive support as necessary to the Associate Vice President for Finance/CFO including financial analysis, financial reports, and research related to fiscal matters of the College.
- Organize year-end activities to properly close the books of the College annually in accordance with established guidelines.
- Prepare the College’s financial statements for review by the Associate Vice President for Finance/CFO each fiscal year in conformity with Generally Accepted Accounting Principles (GAAP).
- Perform month-end processes including the reconciliation of the 112 report, county and special cash account and the accounts receivable subsidiary ledger; prepares monthly journal entries.
- Collaborate with student services to review and approve necessary adjustments to student accounts, process financial aid disbursements and returns to Title IV (R2T4), manage the proper accounting and draw down of federal funds (PELL, SEOG, Work Study, etc.) and all state, local and scholarship funds.
- Monitor grant activity, prepare financial reports for grants accordingly, and ensure managing departments follow established guidelines.
- Verify and audit daily cash receipts and maintain daily cash analysis files, process and review daily updates to the general ledger.
- Set up and maintains the charts of accounts, close books, and prepare adjusting/reversing entries for fiscal year-end closeout.
- Oversee the maintenance and completion of the monthly payroll process; review monthly, quarterly, and annual federal and state reports.
- Oversee accounts payable in the processing of state, county, and special checks through the State Treasurer’s Positive Pay system; ensure invoices paid promptly and properly, review all warrants prior to submission to the Associate Vice President for Finance/CFO for signing.
- Ensure internal control processes are adequate to ensure the protection of College assets. Control activities include monitoring and reviewing processes and procedures for accounts receivable, accounts payable, and payroll. Position responsible for EAGLE completion.
- Ensure compliance and confidentiality with all policies and procedures of the College, NC Community College System, and applicable State and Federal agencies.
Bachelor’s degree from an accredited institution with major course work in accounting. Masters degree from an accredited institution with major course work in accounting, finance or business administration preferred.
Experience: Certification as a CPA preferred. One (1) year of experience in a college or university environment performing professional accounting work preferred.
Skills and the Know-How
The ideal candidate will possess strong personal and professional integrity, good verbal and written communication skills, and a commitment to safety. Demonstrated proficiency using Microsoft Office Suite or similar products, accounting & database systems, College email and website, and other computer applications associated with the position. Preparation of financial statements, reconciliations, and dealing with a multi-departmental environment. Ability to apply accounting and auditing principles and procedures. Ability to evaluate, audit, deduce, and/or assess data using established criteria. Ability to prepare clear, complete, and concise reports. Ability to function in a managerial capacity for a division or organizational unit.
The ability to perform all duties associated with the position including, but not limited to lifting, prolonged standing, sitting, bending, stooping, and operating or performing work with associated tools and machines.
Blue Ridge is an Equal Employment Opportunity Institution
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