Advertised Summary Job Description: Reporting to the Executive Director of Benefits Accounting, the Manager of Benefits Accounting oversees all financial and administrative activities for the Fringe Benefits operation. The Manager is a critical member of the Benefits Accounting team, working closely with the Benefits team, the Controller's Office, Office of Management and Budget, Treasury Operations, and Procurement Services, to ensure the timely and accurate completion of projects and meet deadlines. The Manager assists the Executive Director in developing and managing the overall fringe benefit annual operating budget, and conducts necessary budget analyses to ensure the integrity of various financial reports related to the budget, and compiles and analyzes financial reports and materials for quarterly and annual budget submissions, as well as period end-closings. Specific duties include, but are not limited to: accounting of all recoveries and expenses within the fringe pool; prepares fringe pool budget; analyzes monthly fringe pool results and prepares monthly fringe pool forecasts; prepares month-end, quarter-end and year-end closing entries; prepares variance analysis of fringe pool including: budget to actual results, year-over-year variances, as well as quarter-end to quarter-end results; performs other analysis and projections as required; prepares long-term budget forecasts; reviews the process of fringe pool recoveries (including reconciliations with CUMC and other related entities) to ensure compliance with all recovery policies and procedures; performs / oversees reconciliations for all fringe pool accounts, including various clearing accounts; coordinates reconciliations with the Controller's Office on shared ChartStrings; reviews all expense accounts and funding accounts to ensure that all activity charged to the fringe pool has been authorized and is in accordance with policies and procedures; responsible for providing all required information in support of the preparation of financial statements for pension plans (which must be in an auditable format with proper support in preparation for annual audits); maintains the general ledger for each pension plan, including reconciliation to payments and balances; ensures that defined contribution recordkeeping by pension carriers is coordinated and that participant balances appropriately and accurately reflect enrollment by plan; coordinates all accounting activities with the Financial Reporting & Operations team of the Controller's Office to ensure appropriate financial reporting, and coordinates annual audit with the FR&O team as well as external auditor; works with the Benefits Actuary on FAS 87 estimates, FAS 106 estimates and the annual discount rate; prepares information / presentations as required by management. Manages a staff of two. Performs other related duties and special projects, as assigned.
General Minimum Qualifications: Bachelor's degree or advanced degree in accounting or finance related field required. A minimum of five years' related experience, including supervisory, required.
Additional Specific Minimum Qualifications: Exceptional skills are required in establishing/monitoring a controlled environment, preparing detailed reconciliation and analysis, and expertise in managing a detailed and complex monthly forecast process. Strong data management and reporting, analytical and mathematical skills and proficiency with financial systems including Excel and other office suite applications is required. Must be a hands-on, detailed oriented individual possessing an ability to manage multiple activities with competing deadlines. Excellent oral, written, interpersonal, organizational and problem-solving skills required. Ability to work closely and effectively with a diverse group of senior University administrators essential. Must be able to negotiate issues and resolve problems. In addition, the successful candidate must be able to work well with all levels of management, both internally and externally, and be flexible in nature. In addition, the successful candidate must be a strategic thinker, with an open and collaborative style of leadership that encourages teamwork and cooperation, and a strong role model, manager and coach, with the ability to provide a positive working and learning environment for staff. Must have a demonstrated passion for excellent customer service and commitment to exceptional quality.
Preferred Qualifications: An MBA, CPA and/or other professional qualification is strongly preferred in conjunction with a relevant undergraduate concentration. Experience in a higher education or healthcare environment strongly preferred, or any other non-profit accounting environment. PeopleSoft financial experience a plus. Knowledge of benefits (retirement and health and welfare programs) strongly preferred.
As a member of the National Collegiate Athletic Association (NCAA) and the Council of Ivy Group Presidents (Ivy League), it is imperative that members of the Columbia University community, in all matters related to the intercollegiate athletics program, exhibit the highest professional standards and ethical behavior with regard to adherence to NCAA, Conference, University, and Department of Intercollegiate Athletics and Physical Education rules and regulations.
Columbia University is an Equal Opportunity/Affirmative Action employer.
Internal Number: 126_171925
About Columbia University
Columbia University is one of the world's most important centers of research and at the same time a distinctive and distinguished learning environment for undergraduates and graduate students in many scholarly and professional fields. The University recognizes the importance of its location in New York City and seeks to link its research and teaching to the vast resources of a great metropolis. It seeks to attract a diverse and international faculty and student body, to support research and teaching on global issues, and to create academic relationships with many countries and regions. It expects all areas of the university to advance knowledge and learning at the highest level and to convey the products of its efforts to the world.