Mar 16, 2017
Institution Type
Four-Year Institution

Duties: Performs significant aspects of Penn's external reporting and analysis process including related internal controls and monthly closing procedures, and highly technical and complex accounting/reporting research. Significant responsibilities and duties include: Ensures compliance with GAAP through detailed review of complex accounting rules and the application of those rules to complicated and multifaceted transactions throughout the University. Prepares professionally documented accounting and reporting research position papers (following professional practices used by EITF) recommending critical accounting decisions for concurrence by the Manager/Director. Monitors emerging accounting, reporting and control rules promulgated by authoritative bodies including the SEC, FASB, EITF and AICPA. Benchmarks other entity reporting/accounting practices. Evaluates these emerging rules and practices, communicates impact on the University, and recommends and implements appropriate actions. The Senior is assigned multiple financial statement categories (e.g. tuition, benefits) and has responsibility for any related research. Performs and evaluates comprehensive analysis and prepares formal analysis documents used by executive management to communicate business trends and issues to the Board of Trustees and by external auditors to verify compliance with reporting controls as well as the accuracy of our statements. Prepares and evaluates comprehensive monthly analysis designed to detect and correct significant accounting/reporting errors and identifies and communicates corrective actions required to
prevent their re-occurrence. The Senior is assigned multiple financial statement categories (e.g. tuition, benefits) and has responsibility for any related analysis. Ensures reporting accuracy and transparency through professional preparation and self-review of monthly, quarterly, and annual financial statements and related disclosures including footnotes. Reviews footnote disclosures prepared by other departments. Implements the GAAP related reporting process at assigned schools and centers. Performs and verifies the consolidation process for our $8 billion {total assets} health system, complex real estate operations and other subsidiaries. Prepares an analysis of other external reports such as Commonwealth Appropriations, Census Data, IPEDS, NSF, and UCA. Seniors are assigned multiple financial statement categories (e.g.
tuition, benefits) as well as certain schools/centers and have responsibility for any related reporting including footnote disclosures.

Qualifications: Bachelor's Degree in Accounting and 5 to 7 years of accounting experience or equivalent combination of education and experience is required. CPA preferred.

Reference Number: 87-25259

Salary Grade: 028

Employment Type: Exempt

Org: Comptroller's Office

Special Requirements: Background check required after a conditional job offer is made. Consideration of the background check will be tailored to the requirements of the job.

Job Family: D-Financial

Similar jobs

Similar jobs