Financial Analyst

The University of Toledo Foundation:

The University of Toledo Foundation, an independent 501(c)3 organization, exists for the sole purpose of supporting The University of Toledo. The Foundation is the official gift-receiving and fund-management organization for the University. Our purpose is to support the University’s broad educational mission by receiving, managing, and distributing generous gifts to benefit students and enhance faculty and program efforts. The Foundation includes the Development, Alumni Relations and Special Event functions. Through its subsidiary, the UT Real Estate Corp., the Foundation also manages off campus real estate matters for the University. The Foundation embraces the mission of The University of Toledo by aspiring to be a forward-thinking, philanthropic organization, providing impactful financial support and engagement opportunities for transformation throughout the University community.

Financial Analyst:

Responsible for accounting functions that are relevant to general ledger accounting, gift processing, cash disbursements, and financial reporting.

Specific Duties:

The following duties reflect management’s assignment of essential functions; it does not prescribe or restrict the tasks that may be assigned.  Specific responsibilities in a representative area of accounting may also be assigned.

  • Responsible for account reconciliation and accruals.
  • Perform accounting and analytical review functions, which may include cash, investments, receivables, fixed assets, accrued expenses, debt (covenants), cash flow, revenue and expenditures.
  • Integral team member in the preparation and analysis of year-end reconciliation and analytical review of financial statement information required for the annual audit with external independent accountants. May supervise and provide direction and assistance to staff in routine day-to-day matters, ensuring accurate and timely general ledger accounting, gift processing, cash disbursements and financial reporting.
  • Reconcile between Gift Processing database and Accounting General Ledger Software.  Investigate and correct system updates or human data input error with IT Dept.
  • Use and understand complex formulas performed in calculation of pledge analysis.
  • Coordinate and lead projects as assigned. Work with development and other groups to provide recommendations that ensure accounting processes are administered appropriately while meeting donor wishes as well as Foundation and Financial Aid guidelines.
  • Act as liaison with UToledo stakeholders for accounting matters. May act as Accounting System Administrator.

Requirements:

Bachelor’s degree in accounting or finance with a minimum 3 yrs’ professional experience in accounting. Advanced Excel skills using Pivot tables, Macro functions, and Excelerator function. Supervisory and not-for-profit experience preferred. Must have ability to work independently and possesses a thorough knowledge of GAAP and federal regulations as they relate to financial statement reporting. Must have the ability to learn and interpret the Foundation’s policies and procedures as they relate to financial reporting.

Performance Standards:

  • Passion for the institution’s mission, traditions and long-term success.  Consistently demonstrate the mission, vision and values of the University of Toledo Foundation and the University.
  • Our RITE Values – Respect, Integrity, Transparency & Teamwork, and Excellence
  • Outstanding written, verbal and interpersonal skills.  Must be able to develop interpersonal relationships with multiple constituents.
  • Demonstrate integrity, impeccable ethics, initiative, enthusiasm, and the ability to establish trust and credibility.
  • Demonstrate commitment and ability to provide quality customer service; plan organize and remain accountable for actions; problem solve with critical thinking; maintain confidentiality; collaborate with other staff.

How to Apply:

Interested candidates should apply on our website: https://www.utfoundation.org/about-us/careers.html

The position will remain open until filled.