at Northwestern University in Evanston, Illinois, United States
Job Description
Job Opening Id: 50578
Department: Accounting Services
Salary/Grade: EXS/7
Job Summary:
The Office of the Controller is responsible for managing the general accounting and treasury operations of the University. It contains several departments that provide a wide range of financial services on behalf of and for the University community. Accounting Services strives to provide outstanding service while ensuring the financial business of the University is handled in an accurate and efficient manner.
The Accountant 2 supports the University’s central accounting gifts, endowments and investments functions within the Office of the Controller. Responsibilities for this role are concentrated around the functional areas of operations, admin & general reporting, gift & endowment, and treasury & investments accounting. In FY 2023, Investment assets exceeded $14 billion and represent one of the largest university endowments in the country.
The Accountant 2:
Serves as a resource to and for the University community on policies, advises on appropriate transaction processing, and proposes policy and process improvements.
Ensures investment assets are properly recorded in the general ledger by applying GAAP accounting rules and University policies and performing analyses and reconciliations.
Manages financial operations &/or analysis in support of area/unit's mission & in coordination with central offices such as Investment Office, Treasury, Alumni Relations & Development, and Tax & Regulatory Services; responsible for endowment tracking software processing, reconciliation, and maintenance.
Implements existing policy & ensures the effective, compliant, & efficient completion of daily financial activities.
Applies industry and professional standards, interprets university policy and procedure, federal and state laws, granting agency guidelines, and other regulations (as applicable).
Supports general accounting as needed.
Specific Responsibilities:
Areas of Responsibility:
