General Information
| Job Description | GEN ACCOUNTANT 4 | Working Title | Controller/Director UC Riverside Foundation Accounting |
|---|---|---|---|
| Job Code | 007734 | Grade | 23 |
| Department Name | Advancement Finance & Admin - D01216 | Department Head | |
| Supervisor | Effective Date |
Position(s) Directly Supervised
| Job Code | Title | FTE |
|---|
Generic Scope
| Technical leader with a high degree of knowledge in the overall field and recognized expertise in specific areas; problem-solving frequently requires analysis of unique issues/problems without precedent and/or structure. May manage programs that include formulating strategies and administering policies, processes, and resources; functions with a high degree of autonomy. |
Custom Scope
| Uses advanced accounting concepts and organizational objectives to resolve highly complex issues. Regularly works on highly complex accounting assignments that are of diverse scope requiring analysis of identifiable factors, using multiple accounting and financial sources. Demonstrates good judgment in selecting methods and techniques for obtaining solutions, completing analysis and developing recommendations. Normally receives little instruction on day-to-day work, with general instructions provided on new or unique accounting assignments. Interacts with senior internal and external personnel on matters of some significance to the accounting organization. |
Department Custom Scope
| The UC Riverside Foundation is a nonprofit corporation [a 501(c)(3)] through which philanthropic resources flow to UCR. The Director-Controller, UC Riverside Foundation (DC-UCRF) supports the efforts of the Foundation in meeting the needs of the campus. Duties include oversight responsibility for all financial, accounting and investing operations for the foundation. Incumbent serves as the Associate Treasurer of the UC Riverside Foundation while staffing the Finance & Investment Committee and the Audit Committee of the Foundation and, therefore, interacts regularly with key volunteer/donors involved with the Foundation. Position is responsible for carrying out all investment policies as established by the Board of Trustees and in accordance with applicable state and federal law, for endowments, expendable and trust funds. With a staff of two, position manages accounting and audit operations for the Foundation. Oversees proper management of highly complex planned gifts to the Foundation in conjunction with the executive director of UCR Foundation and Donor Relations. Oversees a comprehensive system of endowment management and reporting. Coordinates and services annual audit of UCRF records. Serves as primary contact with UCR's outside investment advisor(s) as well as with the UC Controller's office. Responsible for endowment gifts from inception (date gift is made) through ongoing reporting functions. Also serves as endowment administration manager for both Regents and Foundation endowments. Works closely with gift administration and fundraisers. Works with consultants to modernize system support to guarantee reporting is efficient and accurate. |
Education & Experience Requirements
Education Requirements
| Degree | Requirement |
|---|---|
| Bachelor's degree in related area. | Required |
| Master's in Business, Accounting, Public Administration or CPA related field. | Preferred |
Experience Requirements
| Experience | Requirement |
|---|
License Requirements
Certification Requirements
| Certification | Requirement |
|---|---|
| Professional certification. | Preferred |
Educational Condition Requirements
| Condition | Requirement |
|---|
Key Responsibilities
| Description | % Time |
|---|---|
Develops, implements and/or maintains one or a combination of general accounting systems.
|
15 |
| Prepares journal entries, maintains and reconciles complex ledger accounts. | 5 |
| Provides record of assets, liabilities and other financial transactions. | 10 |
Maintains receipts and disbursement reports.
|
10 |
| Under supervision of manager/supervisor, may have responsibility for coordinating the collection of information for Unrelated Business Income Taxes (UBIT), preparing summary schedules, and answering questions from departments or coordinating resolution of issues involving other departments or functions. | 5 |
| Interprets complex reports and records for administrators and managers. | 5 |
| Applies advanced accounting concepts to perform highly complex technical analysis to understand past performance and determine present and future performance and/or resource allocations. | 10 |
| Responsible for overseeing and improving a system to manage, administer, and report to the Committees of the Board of Trustees on the ever growing investment assets of the Foundation. Provide direction over all day-to-day accounting operations of the corporation. Oversight responsibility for the preparation, integrity, and objectivity of the financial statements and all other financial information submitted to the Foundation Board, University officials, fund financial managers, and others. Responsible for maintaining an effective internal accounting control system and accurate and reliable accounting records; assist AVC-UAA in establishing and administering the Foundation's annual operating budget. | 20 |
| Responsible for endowment administration management for all Foundation and Regents endowments. Responsible for providing endowment information to all relevant constituencies. Responsible for system in perpetuity, primary source for financial data regarding endowment, and carrying out UCOP, Regents, and Foundation policy regarding endowment administration. Direct the Foundation's and campus trust accounting and administration program; the management of separate annuity and unitrusts. Ensure compliance with laws regarding trust administration and standards of fiduciary care. | 20 |
Knowledge, Skills & Abilities
| Knowledge/Skill/Ability | Requirement |
|---|---|
| Advanced knowledge of accounting function. | Required |
| Ability to extract, verify, and compile accounting information from multiple sources to complete work assignments. | Required |
| Understanding of the interrelationship of procedures and desired results. | Required |
| Advanced ability to effectively present complex accounting and finance related information verbally and in writing. | Required |
| Advance experience using financial transactions and systems, as well as related policy, accounting, and unique regulatory compliance requirements. | Required |
| Advanced knowledge of common desktop/web applications. | Required |
| Experience in designing, implementing and evaluating internal control systems for business and financial processes. | Required |
| Advanced knowledge of analytical procedures used in accounting project of complex scope. | Required |
| Demonstrated experience with and knowledge of the requirements of non-profits, including compliance with laws and regulations, governing documents, and standard sound business practices. | Required |
| Ability to work with external investment management consultants in achieving desired investment outcomes. | Required |
| Extensive knowledge of and experience in financial analysis, interpreting and applying accounting theories, principles and practices including generally accepted accounting principles, non-profit and governmental fund accounting. | Required |
| Proven experience in making effective presentations through various media formats and communicating technical subject matter to a variety of audiences. | Preferred |
| Knowledge of business and accounting operations in a large, complex, and multi-faceted organization including quantitative analysis, financial and statistical techniques, income and expense trend analysis and fiscal projections. | Preferred |
| Demonstrated experience with UCR Financial System (UCRFS). | Preferred |
| Demonstrated progressively responsible, related high level financial services management experience in a large, complex, decentralized higher education environment. | Preferred |
| Ability to analyze market conditions, performance results, risk/return relationships, read and interpret financial information and conditions, and explain/provide analysis. | Preferred |
Special Requirements & Conditions
| Special Condition | Requirement |
|---|
Other Special Requirements & Conditions
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Level of Supervision Received
| Direction |
Environment
Working Environment
| Other University Setting |
Other Requirements
Items Used
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Physical Requirements
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Mental Requirements
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Environmental Requirements
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Critical Position
| Is Critical Position: No |