The Fund and Compliance Accountant is responsible for ensuring the accurate and compliant financial stewardship of the College’s assets, with a primary focus on restricted funds, general ledger integrity, and treasury functions. This role is split into three key areas: General Ledger Accounting, Cash/Treasury Management, and Fund Compliance. The successful candidate will play a critical role in maintaining the integrity of our financial data for audit readiness and regulatory reporting.

Key Responsibilities and Duties:

Fund Compliance

• Restricted Fund Reconciliation: Perform monthly and quarterly reconciliations of all restricted gift funds and grants, verifying balances against donor-specific stipulations and the Development/Advancement database.
• Cost Allocation: Review and reconcile cost allocations to appropriate funding sources, ensuring the College's cost allocation plan is accurately executed.
• Audit Support: Prepare supporting documentation related to the annual external audit.
• Grants Payments:  Responsible for the initiation of supplier invoice requests for grants and sponsored activities.

General Ledger & Reporting

• Journal Entries: Prepare and post journal entries, including accruals, prepaid amortization, revenue recognition, and correction entries, ensuring proper classification across fund groups.
• Month-End Close: Execute assigned month-end closing procedures to ensure timely period close activities in Workday.
• Serve as backup to Accounts Payable Specialist:  This position will serve as a backup to the Accounts Payable Specialist when needed.

Treasury Operations & Cash Management

• Bank Reconciliation: Execute timely and accurate daily and monthly bank reconciliations for all bank accounts.
• Deposit Processing: Works with cashier to ensure all Finance office cash and checks are deposited and record properly, ensuring appropriate segregation of duties and adherence to cash handling policies.
• Electronic Funds: Monitor and reconcile electronic funds transfers (EFTs) and Automated Clearing House (ACH) transactions.

Marginal Job Functions:

• Contribute to the department's overall success by performing all other essential duties and responsibilities as assigned.
• Must have growth mindset and be willing to adopt change to effectively support the ongoing Workday ERP implementation.

Education and Experience

• Associate’s degree in accounting, Finance, or a related field, Bachelor’s degree preferred.  3+ years of progressive accounting experience, preferably in a non-profit or higher education environment.

Knowledge and Skills

• Moderate proficiency in Microsoft Excel (pivot tables, VLOOKUP).  Experience with a major ERP/Financial System (e.g., Banner, Workday, Oracle) preferred.

Physical Requirements

• Limited pushing, pulling, lifting. Lifting would not exceed 20lbs. Mobility on campus is necessary.
• Adequate visual acuity to view computer screens and data files.

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About Centre College

Centre College is a premier national liberal arts college that serves approximately 1,400 students and provides a supportive community and a flexible, personal academic path to a meaningful life and career. Founded in 1819, Centre accomplishes its goals in an atmosphere of caring and respectful relationships among faculty, student, and staff. The College has an endowment in excess of $420 million and an operating budget of more than $65 million. Centre welcomes and supports diversity. The College strives to create an environment where differences are celebrated, where individuals can exchange ideas and share in the richness of mutual experiences. Please view our Statement of Community. Located in Danville, KY, the historic, picturesque 150-acre campus is 30 miles from Lexington, in the famed Bluegrass Region of Central Kentucky. For information concerning the College, visit our web site at www.centre.edu

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