Job Opening: Financial Accounting Analyst, Columbia College Chicago

This position reports to the Associate Controller and is responsible for performing a wide range of complex accounting and financial analysis functions that support the Controller’s Office. College/University Financial Accounting experience is required.

The essential duties of this position include, but are not limited to, the following:

  • Process accounting documents, maintain accounting records, prepare journal entries, accounting statements and reports and other related functions.
  • Assist in the preparation of the financial statements and related supporting schedules.
  • Reconciliation of various accounts to the general ledger, including, but not limited to, accounts receivable, payroll, benefits, payables, receipts and accruals.
  • Manage fixed asset acquisitions and dispositions in the accounting system.
  • Track the compilation of project costs into fixed asset accounts, and close accounts once the related projects have been completed.
  • Responsible for driving business process & procedure improvements within assigned area of responsibility.
  • Prepare standard and ad-hoc analysis in support of the financial planning, analysis and decision making.
  • Respond to inquiries from other departments to supply accounting and financial data, secure information on operations and problems, and provide advice on fundamental accounting practices and procedures.
  • Maintain familiarity with the college’s accounting structure, classifications and terminology, as well as research, statistical and forecasting methods used in accounting analysis and management.
  • Continually update knowledge of the capabilities of the computer applications used in the management of the college’s accounting system.
  • Stay current with trends and developments in accounting pronouncements and regulations.

Qualifications

  • Bachelor’s degree in accounting or finance with two to three years of related experience.
  • University or College finance/accounting experience is required.
  • CPA and/or MBA is highly desirable.
  • Requires a solid understanding of generally accepted accounting principles (GAAP) along with established governmental and higher education standards, and applying that to a wide variety of financial, technical, managerial and operational accounting problems, including compliance monitoring and reporting.

Additional Information

Cover letter is required.

This is a non-union position.

Columbia College Chicago is an EEO Employer. Qualified candidates of diverse backgrounds are encouraged to apply.

To view the complete job description and apply, please visit:
colum.taleo.net/careersection/jobdetail.ftl?job=1600001E&lang=en

www.COLUM.edu/CareersatColumbia

 

Call For Papers: The Economics and Law of Public Pension Reform (Deadline April 10th)

Call For Papers
George Mason Law & Economics Center Program on the Economics and Law of Public Pension Reform

Deadline April 10, 2016

The Henry G. Manne Program in Law & Economics Studies at George Mason University’s Law & Economics Center invites applications for research funding for the production and presentation of original papers on The Economics and Law of Public Pension Reform.

OVERVIEW: The Law & Economics Center at George Mason University School of Law will host two events during the fall of 2016 on The Economics and Law of Public Pension Reform. We believe the looming public pension crisis poses a considerable threat to states’ fiscal soundness and public welfare that can be better addressed by promoting scholarly research on the subject and disseminating the results of that research to the appropriate audiences.

The first event will consist of a two-day research roundtable for the development, presentation, and discussion of original scholarly papers aimed at addressing the looming pension crisis. These papers will be funded by the LEC and commissioned primarily from economists and legal scholars following a call for papers (see below). The Roundtable will be held at George Mason University School of Law in Arlington, Virginia on September 29-30, 2016. The papers will be published as a journal symposium issue or as a book.

The second event will consist of a two-day Policy Conference bringing together members of the scholarly community, practitioners, judges, attorneys general, government regulators, and public policy commentators. Panels will include some or all of the papers developed for the Roundtable. The Conference will also be held at George Mason University School of Law on December 1-2, 2016.

PAPER PROPOSALS: Those interested in receiving funding for research leading to a paper on the public pension crisis should send their paper, precis, or abstract by April 10, 2016, to Jeffrey Smith, LEC Program Coordinator, at jsmithq@gmu.edu. Eight papers will be selected for the Roundtable. Selection is competitive. Selections will be made and authors notified by May 1, 2016.

Authors will be responsible for submitting a substantial draft of their paper by September 5, 2016. Authors will receive a $12,000 total honorarium (inclusive of travel expenses). An initial payment of $6,000 will be made upon timely draft paper completion and presentation at the Roundtable. The LEC will provide authors with meals at the Roundtable and lodging on the night of September 29, 2016. In addition to presenting their papers, authors will be expected to read the other selected papers and serve as Roundtable discussants.

Authors will then revise their papers based on comments received at the Roundtable and present their final paper at the December Policy Conference. Authors will be asked to submit their final draft by mid-November. Meals will be provided at the Conference as well as lodging for the night of December 1, 2016. The final honorarium payment of $6,000 will be paid following submission of the final draft and participation in the Conference.

TOPICS: Topics of interest include, but are not limited to:

  • Whether public employees pay for their pensions in forgone cash wages
  • Insights on the financial economics of public pensions
  • The legal nature and limits of pension rights, whether gratuity, contract, or positive constitutional right
  • The political economy of public pension reform
  • The intergenerational implications of reform or failure to reform
  • Illinois Constitution’s Pension Non-impairment Clause
  • Legal analysis of past or pending pension litigation
  • Legal analysis of various pension reform proposals

PAPER SUBMISSIONS/FURTHER INFORMATION: Submissions (due by April 10, 2016) or questions should be directed to Jeffrey Smith, LEC Program Coordinator, atjsmithq@gmu.edu

CALL FOR PROPOSALS! ABFM Pre-Conference Symposium on Public Budgeting & Financial Management in Asia

Symposium to be held October 5th

Deadline for Proposals March 31st

The Journal Chinese Public Administration Review (CPAR), China-America Association for Public Affairs (CAAPA) and The Association for Budgeting and Financial Management (ABFM) invite you to submit a panel or paper proposal for the 2016 pre-ABFM Symposium on Public Budgeting and Financial Management in Asia.

Over the past decade, the field of public budgeting and finance has witnessed a growing number of scholars who are interested in comparative studies between US and various countries in Asia.  With the rise of globalization, American and Asian scholars would both benefit for exchanging research ideas and practical experience on a platform. This year, three partners, CPAR—the official Journal of the Section on Chinese Public Administration of American Society for Public Administration (ASPA), CAAPA – an association established to foster research collaboration and academic exchanges between China and the U.S, and ABFM—the leading US association on budgeting and financial management, are joining forces to provide this platform for international dialogue on theories and practices on public budgeting and finance. The symposium will be hosted at the campus of the Daniel J. Evans School of Public Policy and Governance, University of Washington, ranked by the U.S. News & World Reportas the most innovative public school among the top public affairs schools in 2015. Practitioners as well as academics are encouraged to submit proposals. Topics include but are not limited to the list below.

  • National and Subnational Fiscal Challenges
  • Budget Balancing Strategies
  • Tax Policy & Administration
  • Executive & Legislative Budget Politics
  • Budget Reform, Innovation & Process
  • Intergovernmental Finance
  • Performance Budgeting
  • Debt Financing & Management
  • Capital Budgeting
  • Pension Management
  • Accounting & Financial Reporting
  • Nonprofit Financial Issues
  • Managing Financial Risk
  • Budgetary Theory
  • Comparative Budgeting
  • Citizen Participation in Budgeting
  • Current Trends in Public Finance
  • Budgeting in Specific Policy Areas (such as transportation, housing, education and etc.)

Submission Details:  The deadline for paper or panel proposal submissions is March 31, 2016. Proposals should be submitted directly to Professor Lu of City University of New York (cparsubmission@gmail.com) and Professor Zhao of University of Minnesota (zhaozhirong@gmail.com). Please include in the subject line: SYMPOSIUM ON PUBLIC BUDGETING AND FINANCIAL MANAGEMENT IN ASIA. Both CPAR and CAAPA will review and competitively select proposals. Authors of accepted proposals will be notified by April 30, 2016. Authors whose proposals have been selected will then be required to submit full-length manuscripts by August 1, 2016 to CPAR. Please send all manuscripts via email to the CPAR Editorial Team at: cparsubmission@gmail.com.  The manuscripts shall be original, unpublished work, and not under review elsewhere. Manuscripts will then be sent out for blind peer review under the journal’s normal rigorous standards. Manuscripts should follow the style guidelines in the Publication Manual of the American Psychological Association (APA), 6th edition.

GASB Accepting Proposals for 2016 Crain Research Grant, Deadline May 31st

By Kenneth Hunter

NewGASBThis summer, the Governmental Accounting Standards Board (GASB) will award two, $5,000 grants for academic research efforts aiding their efforts to set the best standards for state and local financial management.

The 2016 Gil Crain Memorial Research Grants will fund projects providing benefit to GASB as it investigates developing standards on the important, emerging topics of present value and indicators of severe financial stress.

“Present value-related issues have been raised as part of nearly every GASB Statement that contains measurement guidance,” stated in a recent GASB relesase. “This topic is important as long as elements of financial statements are required to be reported at fair value or settlement value.”

“The primary objective of this research would be to provide the GASB with a foundation on which to conduct additional research or to consider the establishment of concepts or standards for the use of present value.”

Investigations on present value include consideration of instances where it should be required or discussed, the objective of measuring present value for financial reporting, and when its application and disclosure are appropriate.

Funded research on present value would need to match a proposed timetable, with preliminary findings presented to GASB staff in April 2017.

Additional interest and welcoming of proposals involving research on severe fiscal stress tied to recent GASB efforts to better adapt standards for going concern disclosures first developed by the American Institute of Certified Public Accountants (AICPA) and implemented by GASB in Statement Number 56. Subsequent research, including study funded by an earlier Crain Grant, recognizes concern regarding application of these standards to the public finance field.

“The GASB is seeking proposals for the next phase of this research, the purpose of which is to conduct a statistical evaluation of the effectiveness of potential financial, economic, and demographic indicators in predicting severe financial stress. This part of the research would build on the findings of the earlier research by the GASB and others regarding (1) the indicators currently in use by financial monitoring programs and financial statement users and (2) the usefulness of those indicators for identifying governments that are in or on a path toward severe financial stress.”

The plan for Crain-funded project on severe fiscal stress is an eight-month collaboration. GASB staff, for example, might collect financial reports and perform financial data entry. A preliminary timeline proposes presentation of a final research report by the end of February 2017.

Click here for the complete request for proposals. Requests for research funding are due to David Bean, GASB Director of Research and Technical Activities, by May 31, 2016. Requests should follow the guidelines established in the request for proposals, attached as a Microsoft Word document in an email to drbean@gasb.org.

Researchers should direct any questions regarding the Gil Crain Memorial Research Grant to Dean Mead, GASB Research Manager, at (203) 956-5294 or dmmead@gasb.org. Recipients of Crain Grants will be notified by the end of June 2016.

NASBO Announces New Executive Director

(PRESS RELEASE) The National Association of State Budget Officers (NASBO) is pleased to announce the appointment of John T. Hicks as the association’s next Executive Director. Hicks is currently a Deputy State Budget Director in Kentucky, where he has held a variety of positions in state budgeting for the past 32 years. In his current position, Hicks oversees the budget development and budget execution process, and manages much of the budget and support staff in the office. Over the years Hicks has been the lead staff person in several areas including post-secondary education, capital projects and debt, criminal justice, workforce development and natural resources and environmental protection.

Hicks succeeds Scott D. Pattison, who was NASBO’s Executive Director since 2001, and recently became Executive Director/CEO of the National Governors Association.

“As President of NASBO, I am very pleased to welcome John Hicks as the organization’s next Executive Director,” said Tom Mullaney, NASBO President and Rhode Island State Budget Officer. “Having known John over the past several years, I am confident he has the skills, knowledge and energy needed to continue the great work of NASBO and I look forward to working closely with him as he assumes his new role.”

“It is a great honor to be named the Executive Director of NASBO,” said Hicks. “I look forward to continuing the great service that NASBO provides to the state budget and finance officers of our 50 states and territories, and NASBO’s reputation of providing excellent information on state fiscal issues.”

Hicks is well known within the NASBO community, having served on the association’s Executive Committee (board of directors) from 2007 to 2013, and was NASBO’s President from 2011 to 2012. Hicks is the recipient of NASBO’s 1987 George A. Bell Service award and the 2013 Gloria Timmer award, which each recognize outstanding contributions and service to public budgeting and management in state government.

Hicks received a master’s degree in public administration from the University of Kentucky and a bachelor’s degree in political science from Murray State University. He will begin his new position on April 11, 2016.