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Virginia Tech Foundation, Inc. (VTF) is a nonstock corporation established in 1948 for the sole purpose of managing the endowment and real estate portfolio of Virginia Tech, now valued at $2.8 billion. VTF exists and operates as a separate, independent entity with its own officers and governing board – managing, investing, and distributing private resources to advance Virginia Tech’s mission and its strategic priorities. VTF’s wholly-owned for-profit subsidiary, Virginia Tech Corporate Research Center, is a business park and operation for commercializing Virginia Tech research and programming.
Responsibilities:
Prepare monthly and quarterly GL reconciliations as well as bank reconciliations in a timely manner to ensure accurate reporting. Prepares journal entries and monthly designation reports in accordance with GAAP. Serve as part of the Financial Reporting team and monitor main depository account daily to ensure all EFT/ACH deposits are properly accounted for in Banner. Prepare the bank reconciliation for the main depository bank. Identify the status of disbursement checks on behalf of Accounts Payable and void any checks issued in error. Prepare weekly gift assessment fee entries. Assist Gift Accounting in accurate recording of gifts to Banner. Assist Wells Fargo credit card users in setting up new cards. Prepare entries to record credit card payments and to distribute expenses to correct fund. Prepare confirmations at fiscal year-end for trust and life insurance investments as well as scan reconciliations to archive and file in accordance with instructions from Records Management. Prepare annual unclaimed property reports, and due diligence letters in accordance with reporting standards.
Qualifications:
Advanced spreadsheet and data entry skills, excellent verbal and written communication skills, and experience with Microsoft Office, and Banner Finance. Fundamental knowledge of accounting, reconciliations, and ability to analyze data.
Education, Licensure, and Certification required for entry into the position:
Bachelor’s Degree in Accounting
The Virginia Tech Foundation seeks a broad spectrum of candidates, including women, minorities, veterans, and those with disabilities.
Full Time
$61k-74k (estimate)
04/08/2023
06/16/2024
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