Financial Fund Specialist

2 weeks ago


Baltimore, Maryland, United States Johns Hopkins University Full time

We are looking for a Financial Fund Specialist to oversee and ensure adherence to the fund accounting, balance sheet management, and philanthropic funds processes within the institution.

Key Responsibilities

Coordination of:

  • Oversee all types of funds to guarantee precise accounting and balance sheet management, particularly for philanthropic restricted funds.
  • Provide guidance on fund allocation opportunities and analyze fund balances by source for expenditure possibilities.
  • Supervise balance sheet fund reconciliations to prevent deficits across funds.

Application of:

  • Utilize knowledge of institutional policies and GASB regulations regarding fund management.

Creation/Preparation/Development of:

  • Generate financial statements and conduct balance sheet reconciliations.
  • Assist in budgeting, forecasting, long-term planning, and scenario analysis as required.

Analysis/Interpretation of:

  • Examine financial statements and fund performance to guide fund balance and allocation decisions, as well as prepare reports and analyses.

Management of:

  • Direct the fund accounting, balance sheet management, and philanthropic funds processes.
  • Prepare balance sheet fund reconciliations, manage fund maintenance, produce financial reports, and carry out analyses.

Problem Solving:

  • Ensure compliance with relevant laws, regulations, and policies regarding fund management.
  • Notify leadership of potential fund balance concerns and propose remediation strategies.

Critical Thinking:

  • Identify spending opportunities and provide guidance on fund balance and allocation for leadership.
  • Recommend and implement improvements to fund management and policies based on process knowledge and compliance considerations.

Training/Communication:

  • Ensure that relevant stakeholders are informed about institutional policies and regulations concerning fund management.

Collaboration:

  • Work in partnership with various departments, including Business Operations, FP&A, Faculty Practice, research teams, and University administration.

Essential Knowledge, Skills, & Abilities

  • Commitment to the mission of the institution.
Minimum Qualifications
  • Bachelor's Degree in Accounting, Business, Finance, or a related field with no experience OR a Bachelor's degree in an unrelated field with two years of progressively responsible related experience.
  • Additional education (related Master's degree) may substitute for required experience if the Bachelor's degree is in an unrelated field, as permitted by the institution's equivalency formula.
Preferred Qualifications
  • A minimum of two years of progressively responsible experience in financial and business operations, ideally within a large and complex organization.
  • Demonstrated communication, organizational, and analytical skills in a multifaceted environment.

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