Finance Manager- Restricted Funds
Please see Special Instructions for more details.
Please Note: A criminal background check will be conducted on candidate finalist prior to the offer of employment. Resumes will not be accepted in lieu of completing an electronic application. The application must be completed in full detail (including work history) for your qualifications to be considered.
Failure to complete the application completely may result in you not being considered for the vacant position.
Your application for the position will not be complete until you receive an online confirmation number at the end of the process of applying for a position.
Position Details
Classification Information
| Position Classification Title |
Accounting Professional, Accountant Sr. |
| FLSA |
Exempt |
| Position Class |
89830 |
Position Overview
| Position Summary |
Are you a financial professional who is passionate about higher education and student success? Join the Ramily!
Winston-Salem State University (
WSSU) is seeking a Finance Manager - Restricted Funds.
The Finance Manager - Restricted Funds is responsible for the oversight, financial management, and compliance of Winston-Salem State University's restricted accounts, including endowments, scholarships, sponsored gifts, and donor-restricted funds (including
WSSU Foundation funds). This role ensures accurate financial reporting, regulatory and donor compliance, and effective stewardship of restricted resources in alignment with University and
UNC System policies, as well as applicable state, federal, and donor guidelines. The Finance Manager will collaborate with Advancement, the
WSSU Foundation, academic units, and external auditors to ensure funds are managed with transparency, integrity, and efficiency.
Responsibilities of the Finance Manager - Restricted Funds:
Financial Oversight & Reporting
- Manage accounting, reconciliation, and financial reporting for all restricted and endowed funds.
- Prepare monthly, quarterly, and annual reports on restricted fund activity for senior leadership, Advancement, and the WSSU Foundation.
- Ensure timely posting and reconciliation of revenues, expenditures, transfers, and investment earnings.
- Partner with the Controller's Office to prepare required financial statements, schedules, and disclosures related to restricted assets.
- May utilize financial software to account for Foundation financial activity and complete monthly bank and investment statement reconciliations.
Compliance & Stewardship
- Ensure all restricted funds are administered in accordance with donor intent, university policy, UNC System guidelines, and applicable legal/regulatory requirements.
- Oversee endowment spending calculations, payout schedules, and monitoring of fund balances.
- Serve as primary point of contact for internal and external audits of restricted accounts.
- Monitor compliance with grant and gift agreements, ensuring expenditures meet donor restrictions.
Collaboration & Process Improvement
- Partner with University Advancement and the WSSU Foundation to strengthen stewardship reporting to donors.
- Provide financial guidance to academic and administrative units on the appropriate use of restricted funds.
- Support budgeting and forecasting processes related to scholarships, endowment payouts, and gift-funded initiatives.
- Develop and improve financial controls, processes, and reporting tools to enhance efficiency and accountability.
Leadership & Communication
- May supervise staff assigned to restricted fund management.
- Present fund performance and compliance updates to University leadership and Board/Foundation committees as needed.
- Educate stakeholders across campus on restricted fund management best practices and compliance requirements.
|
Position Information
| Position Number |
117013 |
| Working Position Title |
Finance Manager- Restricted Funds |
| Building and Room No. |
1604-B Lowery St., |
| Appointment Type |
Permanent Full-Time |
| If Time Limited. |
No |
| Appointment Length. |
N/A |
Requirements and Preferences
| Position required to work during periods of adverse weather or other emergencies |
Not Mandatory |
| Normal Work Schedule |
Mon-Fri 8:00 am - 5:00 pm (during year end, occasional evenings and weekends)
|
| Department Required Skills |
- Bachelor's degree in Accounting, Finance, Business Administration, or related field.
- At least 4 years of progressive financial management experience, with preference for experience in higher education, foundations, or nonprofit fund accounting.
- Strong knowledge of
GAAP, fund accounting, and endowment/gift fund management practices.
- Demonstrated experience preparing financial reports, audits, and reconciliations.
- High attention to detail, analytical skills, and ability to manage multiple priorities.
|
| Preferred Years Experience, Skills, Training, Education |
- Master's degree in Accounting, Finance, Business Administration, or related field.
- Experience with
UNC System financial policies, state fund accounting, or similar higher education frameworks.
- Familiarity with donor stewardship practices and Advancement/Foundation partnerships. |
| Required License or Certification |
|
| Valid US Driver's License |
No |
| Commercial Driver's License Required |
No |
| Physical Required |
No |
| List any other medical/drug tests required |
|
Posting Details
Posting Details
| Internal Posting Only |
No |
| Time Limited Position |
|
| Appointment Length |
|
| Salary |
Salary commensurate with experience |
| Open Date |
03/26/2026 |
| Close Date |
04/02/2026 |
| Open Until Filled |
No |
| Special Instructions Summary |
Please Note: A criminal background check will be conducted on candidate finalist prior to the offer of employment. Resumes will not be accepted in lieu of completing an electronic application. The application must be completed in full detail (including work history) for your qualifications to be considered.
Failure to complete the application completely may result in you not being considered for the vacant position.
Your application for the position will not be complete until you receive an online confirmation number at the end of the process of applying for a position. |
Supplemental Questions
Required fields are indicated with an asterisk (*).
How did you hear about this employment opportunity?
- Public Job Posting
- Internal Job Posting
- Agency Referral
- Advertisement/Publication
- Personal Referral
- Website
- Other
Required Documents
- Resume
- Cover Letter
- References List
Optional Documents
- Transcripts
|
Winston Salem State University
Salary commensurate with experience
Mar 26, 2026