Fund Accountant presso UT Health Science Center BU
UT Health Science Center BU · Knoxville, Stati Uniti d'America · Onsite
- Professional
- Ufficio in Knoxville
The University of Tennessee Foundation, Inc (UTFI) invites applications and nominations to fill the position of Fund Accountant. Reporting to the Senior Director of Fund Accounting, the Fund Accountant is responsible for the financial management and compliance of donor- restricted gifts and endowed funds.
Responsibilities
Job responsibilities include, but are not limited to:
Restricted and Endowment Fund Accounting: Maintain ledgers for endowment and donor restricted funds. Process and record endowment investment activity, market value changes, and pooling. Calculate and post endowment spending distributions in accordance with UPMIFA and institutional policies. Prepare periodic and annual donor reports in collaboration with Advancement/Development to include central leadership and UT Investment Office. Assist with the creation and Maintenace of gift and endowment funds.
Compliance and Audit: Maintain knowledge of relevant accounting standards, Uniform Guidance, and donor requirements. Ensure documentation and records are retained in accordance with institutional and donor retention policies. Prepare schedules and provide documentation for external audits and donor site visits. Recommend and implement internal controls and process improvements to safeguard restricted and endowed funds. Monitor and reconcile restricted gift accounts to ensure funds are used in accordance with donor intent on the as need basis.
Qualifications
Required Education and Experience
The candidate who fills the Fund Accountant position is required to have:
- Bachelor’s degree in accounting, finance, or related field
- 1-2+ years of experience in accounting or financial management, preferably with restricted funds and endowments
- Knowledge of GAAP, Uniform Guidance and endowment accounting principles
- Strong analytical, organizational and communication skills
- Proficiency with financial/accounting software and Microsoft Excel
Preferred Education and Experience
In addition to meeting the required qualifications, the preferred candidate will have:
- Experience in higher education or nonprofit financial management
- Familiarity with Oracle Cloud or similar enterprise systems
Application Process: Priority will be given to applications received on or before October 6, 2025, via our DASH application system. Applications must include a completed candidate profile, cover letter, and resume. Candidates selected to move forward in the evaluation process will be asked to provide contact information for three professional references. References will not be contacted without explicit permission of the candidate.
When determining minimum qualifications, only information entered into the candidate profile can be considered. Please ensure your candidate profile is completed in its entirety as it relates to qualifying education/work experience.
Applicants must be legally authorized to work in the United States on a full-time basis without need now or in the future for sponsorship for employment visa status.
Questions about the search may be directed to [email protected].
Target Start Date: Fall 2025
Benefits: The Foundation’s greatest asset is our team. Foundation employees are eligible for a comprehensive suite of benefits that includes:
- Generous paid leave, accruing up to 24days of vacation and 12 days of sick leave annually, plus 14 paid holidays and administrative closing days
- Flexible work arrangements, offering a hybrid schedule to most team members
- Education benefits for employees and their dependents at UT System campuses
- Retirement and deferred compensation plans, including 401(k), 403(b), etc.
- Comprehensive medical, dental, and vision insurance plans
- Employee discounts to attractions, services, and goods
_________
The Foundation: The University of Tennessee Foundation, Inc. is a not-for-profit 501(c)3 organization that serves as the preferred channel for private contributions benefiting students and faculty within the UT System. With a vision of being one of the top-performing advancement organizations in higher education, UTFI is committed to enhancing the educational landscape across the University of Tennessee campuses.
The UT System: The University of Tennessee System is comprised of campuses at Knoxville, Chattanooga, Pulaski, Martin and the Health Science Center at Memphis; the Institute of Agriculture; and the Institute for Public Service.
The University of Tennessee Foundation, Inc. is an EEO/AA/Title VI/Title IX/Section 504/ADA/ADEA employer. All qualified applicants will receive equal consideration for employment without regard to race, color, national origin, religion, sex, pregnancy, marital status, sexual orientation, gender identity, age, physical or mental disability, genetic information, veteran status, and parental status, or any other characteristic protected by federal or state law.
