Fund 1 Major Fund Administrator

Wake County Public School System•Cary, NC

11d•Hybrid

About The Position

Performs complex and specialized tasks in the maintenance of financial and budgetary records. Assists in the preparation of various financial reports and performs clerical activities related to the accounting cycle.

Requirements

Bachelor's degree in accounting or related field; AND Four years of experience in accounting or related experience; OR An equivalent combination of relevant education, training, and experience which provides the knowledge, skills, and abilities necessary to be successfully meet the essential duties of the position may be considered.
Considerable knowledge of generally accepted accounting principles
Considerable knowledge of Microsoft Office, specifically Word, Excel, and PowerPoint; Google Apps
Ability to complete complex tasks and minimize errors with attention to detail
Ability to communicate clearly and concisely both in oral and written form using a variety of communication techniques and tools to ensure the appropriate flow of information, collaborative efforts, and feedback
Ability to understand, interpret and apply specific rules and regulations governing the processing of fiscal documents, maintenance of financial records and preparation of fiscal records
Ability to establish and maintain effective working relationships with school system staff, employees of funding agencies, and community members.

Nice To Haves

Knowledge of generally accepted governmental accounting principles
Intermediate skills with Microsoft Access and Excel
Knowledge of Oracle financial applications

Responsibilities

Prepares periodic financial and budgetary reports and analyses for management, departments, and external funding agencies.
Maintains and reconciles general ledger accounts for assigned funds.
Prepares and records journal entries for receivables, deposits, transfers, interest income, accruals, and other required adjustments.
Performs monthly analysis and reconciliation of balance sheet accounts to ensure accuracy and completeness.
Reconciles the general ledger to internal and external records and resolve discrepancies.
Monitors cash balances and liquidity levels to ensure proper fund management.
Prepares and reconciles monthly bank statements and bank account activity.
Completes monthly bank reconciliations and prepare related adjusting journal entries.
Prepares, balances, and processes bank deposits while ensuring proper account distribution of funds received.
Performs daily balancing and monitoring of transfer accounts.
Verifies and reconciles all monthly payroll transactions for accuracy.
Processes monthly payroll coding changes and account distribution updates.
Records annual journal entries related to escheatment and sales tax refunds.
Administers the escheatment process, including transitioning operations from an annual to a monthly cycle to improve liability management and remittance compliance.
Assists in preparing schedules, supporting documentation, and financial information required for the annual audit and Annual Comprehensive Financial Report (ACFR).
Ensures compliance with applicable accounting standards, financial policies, and reporting requirements.
Conducts financial system testing and validation to ensure system functionality and data integrity.
Identifies and implements process improvements to enhance efficiency, accuracy, and internal controls within financial operations.
Performs other related duties, as assigned.