Financial Reporting Director
Position Number: 00060626
Primary Function of Organization Unit: NC State University (NC State) has approximately $1.4 billion of spend per year and the University Controller's Office is tasked with ensuring the integrity of the University's Financial Accounting and Reporting System. The Controller's Office touches all aspects of Campus life from student refunds to financial reporting and is directly responsible for the following activities as they relate to the University's financial management: - General accounting and financial ledger management - Asset management - Cash management and banking including (payment card industry oversight and merchant services) - Payroll processing - International Compensation and Taxation - vetting of non-resident alien transactions - Payables (small and large purchases) and vendor management - Travel reimbursements - Non-student receivables and billing - General cash receipts and wire requests - Tax filings (990's, 1099's, 1042-S's, W-2's, 941's, and multi-state taxation) - Financial reporting (CAFR and University Financial Statements), and audit liaison (with the Office of the State Auditor) - Imprest accounts and auxiliaries - Student and HR system integration to financials - Both internal and campus-wide training - Reconciliation of bank accounts and key General Ledger accounts - UNC Business Process Administration - Evaluation of Internal Controls - NCAS Reconciliation The Controller's Office goals are to advance NC State as a leader in fiscal accountability and responsibility, in the construction of unparalleled confidence with our stakeholders, in the building of strong partnerships with our campus community and peer groups, and in improvements in the University's financial systems and internal controls and the efficiency and effectiveness of business operations. We look to the present and toward the future with attention to collaborative efforts and with confidence in providing fiscal leadership, oversight, accounting, reporting, training and outreach services that exemplify the highest standards of quality, performance, and service. Having professional staff and managers with imagination, knowledge and people skills are paramount in a successful implementation of these goals.
Essential Job Duties: Reporting to the University Controller, the Financial Reporting Director is a critical role that oversees all aspects of financial reporting for NC State University. This position will mentor, coach, and manage a staff of five (5) professionals in financial reporting and taxation. Four areas the incumbent will be expected to manage, lead, and direct include: the year-end accrual accounting process, completion of the Office of the State Controller's CAFR reporting package, the preparation of the University's Annual Financial Report, and the internal interim financial reporting process. In addition, the Financial Reporting Director will be the University lead in managing the audit of the University's financial statements and directing the implementation of new Governmental Accounting Standards Board's (GASB) pronouncements. Furthermore, this position will direct the preparation of the financial section of the Integrated Postsecondary Education Data System report. Additional responsibilities include: - Bank reconciliations, capital improvement accounting, debt accounting, and general ledger account reconciliations; - Managing the preparation of the University's unrelated business income tax return and other non-employee taxation compliance and reporting requirements; - Conducting a review of internal controls over the University's major transaction types, such as payroll, accounts payable, budget, and accounting. - Assisting with presentations to the Board of Trustees and to senior management concerning entity-wide financial reporting and internal control issues; - Developing, executing, and monitoring compliance with the Controller's Office's detailed year-end financial reporting plan; - Meeting with auditors to address specific questions or issues about the University's financial statements; - Oversight of the tax implications of the University's operations in foreign countries and partnering with the Office of General Counsel and other members of senior administration concerning how to best comply with US and foreign taxation rules and laws; - Other responsibilities as prescribed by the University Controller.
Minimum Education/Experience: The successful candidate must have a Master's Degree or Bachelor's Degree from an appropriately accredited institution in Accounting, Business, Finance or other discipline related to the area of assignment with 12 credit hours of accounting coursework; five (5) years of professional accounting experience, of which at least one (1) in a supervisory capacity; or equivalent combination of training and experience.
Department Required Skills: The successful applicant will have a proven record of success in organizing and completing complex tasks in a deadline driven environment; a knowledge of GASB pronouncements; the ability to develop and maintain professional working relationship with a broad group of constituencies; outstanding verbal and written communication skills; demonstrated ability to anticipate and resolve potentially problematic situations. Computer literacy and competency with Microsoft Office or other electronic systems is required.
Preferred Experience, Skills, Training/Education: Preference will be given to applicants with a Graduate Degree; eight (8) years or more of experience in public accounting, auditing, or financial reporting; supervisory experience in public accounting, auditing or financial reporting; and/or experience in financial reporting in the higher education industry. It is also strongly preferred that applicants be a CPA or CPA eligible.
Necessary Licenses and Certifications: N/A
AA/EOE: NC State University is an equal opportunity and affirmative action employer. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, gender identity, age, sexual orientation, genetic information, status as an individual with a disability, or status as a protected veteran.
Individuals with disabilities requiring disability-related accommodations in the application and interview process, please call 919-515-3148. Final candidates are subject to criminal & sex offender background checks. Some vacancies also require credit or motor vehicle checks. If highest degree is from an institution outside of the U.S., final candidates are required to have their degree verified at "www.wes.org":http//wes.org. Degree must be obtained prior to start date.
NC State University participates in E-Verify. Federal law requires all employers to verify the identity and employment eligibility of all persons hired to work in the United States.