MOREHEAD City — Carteret Group School has named Matthew T. Banko as its vice president of finance and administrative expert services.
Mr. Banko will start off his new placement Sunday, Aug. 1.
He replaces Steve Davis, who was dismissed from CCC May 31, and “is now a retiree of the State of North Carolina,” in accordance to CCC general public information and facts officer Logan Okun.
No explanation was offered for the dismissal, but Ms. Okun confirmed there have been no criminal costs associated linked to Mr. Davis’ dismissal.
Mr. Banko’s starting up income is $100,000, which is paid out from state cash, in accordance to Ms. Okun.
With regards to Mr. Banko’s hire, CCC President Dr. Tracy Mancini mentioned in a press release, “As a seasoned fiscal auditor and neighborhood college or university business officer with extensive knowledge in finance, budgeting, and accounting, Mr. Banko will provide our higher education very well, notably as we keep on to increase and as we manage the distribution of condition and federal aid funds to our college students. We glance forward to welcoming him on August 1.”
Mr. Banko will come to CCC from Alamance Community College, in which he has a lot more than six a long time of working experience in organization and operations. From 2015-2020, he served as controller, directing and coordinating account administration, fiscal reporting and finances preparation, in accordance to the release.
In 2020, Mr. Banko was promoted to affiliate vice president of business and finance and served as main monetary officer. Prior to his time at Alamance Local community School, he served as an internal auditor with LabCorp, the place he was responsible for arranging and conducting financial testimonials to ensure compliance with governing administration suggestions and rules.
Mr. Banko stated he’s energized to be part of the CCC administrative workforce.
“I am so grateful to have the opportunity to provide Carteret Local community College as Vice President of Finance and Administrative Products and services and am seeking forward to contributing to the continued advancement and achievement of this institution,” he said.
Mr. Banko graduated from Seton Hall College in 1992 with a bachelor’s diploma in organization administration. In 2008, he received his North Carolina license as a Qualified Community Accountant. He is pursuing his master’s diploma in accounting from Gardner-Webb University.
The CCC vice president of finance and administrative solutions is the main economical officer and is accountable to the president for all company and fiscal affairs of the higher education. Mr. Banko will approach, direct and review the routines and functions of typical accounting, budgeting, economical reporting, obtaining, campus information engineering, stability and auxiliary providers. He will also coordinate assigned things to do with other university functions and outside agencies.
