Manager Accounting FASB - Financial Services

TITLE

Manager, Accounting - FASB

JOB SUMMARY

Performs highly professional tasks in the area of accounting and financial reporting. Requires an in-depth knowledge of accounting principles and practices within a specific area of higher education accounting in accordance with FASB and GASB standards. Duties encompass management of the TWU Foundation and the Collegiate Housing Foundation (public-private partnership project) to ensure accuracy and integrity of financial accounting data. Work is substantially complex and varied. Independent thought and judgement is required as well as personal initiative in completing required and assigned tasks. Work is performed under the general supervision of the Senior Associate Controller through normal review of procedures and other internal controls. Performance evaluation is based upon completion of assignments and results obtained. The performance evaluation is conducted through the performance evaluation system and in accordance with the University policies and procedures.

ORGANIZATIONAL RELATIONSHIPS

Reports to: Senior Associate Controller

Supervises: May lead a team of accountants for assigned projects.

ESSENTIAL DUTIES - May include, but not limited to the following:

• Maintains accurate accounting and financial records for the Collegiate Housing Foundation project utilizing the University accounting system and QuickBooks.

• Prepares required financial reports as outlined in the Collegiate Housing Foundation contract. This includes collaborating with the Housing and Student Life staff to prepare required financial reports and annual budget.

• Serves as the liaison with housing and facilities departments to ensure compliance with the Collegiate Housing Foundation management agreement and trust indenture.

• Manages the preparation of the annual Collegiate Housing Foundation financial audit.

• Responsible for the accounting and financial reporting operations for the TWU Foundation. Serves as the liaison with the TWU Foundation to ensure compliance.

• Manages the preparation of TWU Foundation annual financial report.

• Manages the preparation of the annual TWU Foundation financial audit.

• Prepares the Endowment Unitization calculations for TWU Endowments quarterly and TWU Foundation Endowments monthly.

• Manages preparation of TWU Foundation Interim Financial Reports.

• Manages preparation of TWU Foundation Split-Interest Trust Information Returns (IRS Form 5227), Miscellaneous Income (IRS Form 1099R), Exempt Organization Return (IRS Form 990) and other tax returns and mandatory filings required for statutory compliance.

• Prepares the NACUBO Commonfund Endowment Study.

• Performs general ledger account maintenance including preparing and posting journal entries to the general ledger.

• Audits accounts for accuracy and compliance with University, State and Federal entities.

• Assists in the compilation and reporting of information in the annual financial report for TWU.

• Develops and maintains financial records.

• Compiles and analyzes data.

ADDITIONAL DUTIES

• Collaborates in fulfillment of ad hoc reporting requirements.

• Collaborates in management of TWU's financial accounting system, including decisions regarding the chart of accounts and both regular and special accounting processes.

• Collaborates in fulfilling internal requests for financial information.

• Performs other duties as requested.

EDUCATION

Bachelor's degree in Accounting, Finance or a related field required. Master's degree, Certified Public Accountant (CPA) or Certified Government Financial Officer (CGFO) preferred.

EXPERIENCE

Five or more years of progressively responsible work experience in accounting, preferably in a Texas higher education institution.

REQUIREMENT

Regular and reliable attendance at the University during regular scheduled days and work hours is an essential function of this position.

KNOWLEDGE, SKILLS, AND ABILITIES - The following are essential:

• Mastery of General Accepted Accounting Principles (GAAP) to include pronouncements of the Governmental Accounting Standards Board (GASB) and Financial Accounting Standards Board (FASB).

• Working knowledge of state law pertaining to financial management of public universities.

• Working knowledge of the operation and administration of TWU's Oracle EBS financial system.

• Ability to manage tasks effectively in an often fast paced work environment with heavy focus on proficiency, accuracy and quality customer service.

• Ability to analyze accounting systems for proper controls and reporting capabilities.

• Ability to prepare complex financial statements and other financial reports.

• Skill in developing and maintaining effective working relationships with peers and subordinates.

• Strong customer service orientation for provision of accounting services.

• Ability to analyze and update established policies and procedures.

• Ability to perform mathematical calculations required for preparing and presenting financial reports.

• Ability to evaluate, organize and delegate work to maximize efficiency and resources.

• Ability to coordinate work with other employees, providing direct instruction or supervision as assigned.

• Ability to organize work effectively, conceptualize and prioritize objectives and exercise independent judgment based on an understanding of organizational policies and activities.

• Ability to establish and maintain effective work relationships with students, faculty, staff and the public.

• Ability to communicate effectively orally, by phone, in person and in writing.

• Ability to represent the department and University in a friendly, courteous and professional manner.

• Ability to respond to emergency situations in a timely manner.

• Ability to use a personal computer and other office equipment, including university software and email.

PHYSICAL DEMANDS

The physical demands described in the Essential Duties and below are representative of those that must be met by an employee to successfully perform the essential duties of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential duties.

The employee may be required to travel.

WORK ENVIRONMENT

All employees are responsible for maintaining an environment that is free from discrimination, intimidation, harassment, including sexual harassment. Work is normally performed in a typical interior work environment.

SAFETY

TWU promotes a safe working environment. Employees are responsible for completing assigned tasks safely and efficiently. Supervisors are responsible for creating and maintaining a safe work environment. Employees must report any unsafe work conditions or practices, as well as any near-miss incidents, to their supervisor and Risk Management. Supervisors and employees should ensure that injury/accident reports are submitted to the Office of Human Resources and Risk Management within 24 hours of the incident.

Texas Woman's University, an AA/EEO employer, provides equal opportunity to all employees and applicants for employment and prohibits discrimination on the basis of race, color, national origin, religion, gender, age, disability, veteran status, sexual orientation, or any other legally protected category, class or characteristic.

All offers of employment will be contingent on the candidate's ability to provide documents which establish proof of identity and eligibility to work in the United States. Positions at Texas Woman's University deemed security-sensitive require background checks and verification of all academic credentials.

If you are a male between the age of 18 and 25, federal law requires that you must be registered with the U.S. Selective Service System, unless you meet certain exemptions under Selective Service law. Under HB 558, enacted by the 76th Texas State Legislature, if you are currently of the age and gender requiring registration with Selective Service, but knowingly and willfully fail to do so, you are ineligible for employment with an agency in any branch of Texas state government. For additional information regarding registration or status, you can contact the Selective Service System at 847-688-6888 or www.sss.gov.