The department updates, administers and maintains the Unit Accounting System (UAS) which tracks university and associated entity endowment investments in the Chapel Hill Foundation Investment Fund, Inc. (CHIF). For each individual endowment invested in CHIF, UAS reports contribution value, market value and estimated payout across all university and foundation funds. The department also reconciles and provides management reports for the university temporary pool, intermediate pool and university trust funds.
REH is a component unit of the Foundation and was established to own, lease and, in some cases, manage real estate used in the operations of the University or held for the benefit of the University, the University Foundation, and University affiliated entities. This position serves as the central point of contact for all REH matters and works with both internal and external stakeholders of the corporation. This position ensures REH transactions are accurately and timely recorded according to accepted accounting standards and applies all relevant GASB pronouncements. Granville Towers, LLC (GT LLC) is a component unit of REH, and this position will review and record monthly transactions provided by Granville Towers’ management company. This position will prepare the annual financial statements that present all funds belonging to REH and GT LLC, research and resolve accounting issues and discrepancies, ensure compliance with debt covenants and process payments.
Prior work experience with an institution of higher education using Enterprise Resource Planning (ERP) software, especially finance and reporting modules.
Experience preparing financial statements for nonprofit corporations in accordance with GASB requirements is desirable.
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