Job Information
Youngstown State University Manager, Restricted Funds in Youngstown, Ohio
Summary Of Position
Oversees accounting functions for restricted funds, federal & state financial aid, Direct Loans, and other miscellaneous funds including all aspects of support for financial processing, analysis, reporting, and compliance. Manages the study abroad financial functions. Assists with grant functions as assigned. Assists higher level administrators as applicable, in the Controller's Office and finance area, in the general oversight of operations and services as related to any assigned program, initiative, or objective, including supervision of staff. Works under direction and receives assignments and orders in general terms and is usually expected to complete an assignment within a determined time frame but is free to work out the details and sequences. Interprets regulations, policies, etc. for the guidance of other employees or the public; administers regulations and/or policies. Position Information
*Essential Functions and Responsibilities: *Provides general oversight and administration of any assigned program, initiative, or objective, includes supervision of staff. Assigns and reviews work; establishes timeframes for the completion of assigned tasks; trains and orients new employees; approves/disapproves requests for paid leave; interviews candidates for employment and makes recommendations for hire; evaluates employee work performance; receives and responds to grievances; helps with the development of unit work procedures and policies.
Reviews/approves analyzed data submitted to determine rationale for entry to accounting ledgers; ensures conformity with generally accepted accounting principles and university procedures. Examines and interprets accounting pronouncements and regulatory publications to determine their applicability to university processes; documents applicable guidelines and makes recommendations for implementation.
Prepares/reviews complex original and adjusting journal entries relative to monthly accounting cycles and accounting period closes. Participates in conducting year-end closing of general ledgers and preparing annual financial statements for external and internal audit. Performs/reviews audits of accounts to ensure financial accuracy and compliance with applicable guidelines. Prepares/reviews complex financial, statutory, and management reports.
Oversees the management of restricted gift funds, federal and state financial aid grants and loans, and endowments. Prepares Banner reports for Direct Loan reconciliations. Performs drawdowns, reviews and approves reconciliations, monitoring for return of funds, annual reporting requirements, and prepares/reviews related audit requests. Prepares Controller's portion of annual Fiscal Operations Report and Application to Participate (FISAP).
Manages all study abroad functions by creating/approving new account requests, budget set-up/monitoring, journal processing, forms review, reconciliation, reporting, compliance, and fund close-out. Handles all interactions/communications with faculty and the Faculty Led Study Abroad (FLSA) team.
Examines and interprets gift and endowment award terms and donor guidelines, regulatory publications and university policy/procedures to ensure compliance, obtaining clarification where needed. Provides customer service and financial technical support. Serves as liaison to internal and external constituents as needed. Serves as the primary contact for Youngstown State University Foundation.
Assist Grants Accounting in the performance of time and effort reporting and tracking, supplemental pay tracking and reconciliation, monthly budget updates for non-grant funds in grant fund sequence, and other functions as the need arises.
Solves accounting problems for employees in lower classificat