Accounting Manager - 501906
The Accounting Manager will be responsible for the oversight of the day-to-day operations of the Accounting office as well as direct oversight and responsibility for the University's investment and endowment accounting. Additionally, this position is a resource to the campus community regarding accounting matters; performs and manages the process to prepare and complete the 990/990T/4720 tax preparations; and assists in the annual audit of the University's consolidated financial statements. This position will also be assisting with implementation of a new Enterprise Resource Planning (ERP) platform.
- Directly supervises Accounting Analysts
- Manage the day-to-day activities of the Accounting Office
- Leads University's annual 990 and related tax filings working with external tax accountants to ensure correct and timely reporting.
- Mentor and develop accounting office staff.
- Assumes responsibility for the Accounting Office in the absence of the Director.
General and Endowment Accounting Responsibilities
- Review accounting entries and reconciliations prepared by other team members of the Accounting office.
- Performs complex monthly reconciliation involving multiple systems and deep understanding of underlying accounting entries.
- Ensure reconciliation of all general ledger activity on a monthly or quarterly basis, as appropriate.
- Prepare schedules and disclosures needed for the University's quarterly and annual financial statements in accordance with the Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 820, Fair Value Measurements and Disclosures.
Endowment and Investment Accounting
- Perform complex accounting for the University's charitable gift annuities, outside trusts, operating investments, and other investments.
- Responsibility over endowment accounting at the University including determining endowment market value, understanding donor restrictions, and completing various monthly/quarterly/yearly reports or surveys.
- Coordinate with Spider Management Company (SMC) on new investments.
Analysis and Reporting
- Create, with the Director, the quarterly and annual financial statements, 990 returns, and other external reports.
- Perform/resolve all state tax correspondence/inquiries in cooperation with the director and SVP/Controller of the University.
- Analysis of finances for Board reporting, senior leadership reporting, and departmental reporting.
- Assist the Director in the coordination and preparation of annual external financial statement audits.
System Administration, Education, Training and Compliance
- Mentor and assists campus on endowment and general accounting policies.
- Evaluating and assessing current practices and procedures, make recommendations for improvement
- Assists with special projects as necessary.
- Assists University departments in various accounting/finance issues.
- Other duties as assigned.
- Thorough understanding of US GAAP, specifically FASB based accounting, including extensive knowledge of accounting guidance related to investments and not-for-profit accounting
- Excellent verbal and written communication skills across all levels of organization including external contacts
- Strong time management and organizational skills
- Knowledge of employee relationship building and performance management techniques
- Advanced Microsoft Excel with proficiency in other Microsoft products, specifically Word, Access and PowerPoint
- Preferred experience with common higher education ERPs (Banner, Workday, Oracle, etc.).
- Ability to create queries and reports from databases
EDUCATION & EXPERIENCE:
- Bachelor's degree in accounting or finance
- 5+ years experience in higher education, public accounting, or not-for-profit accounting
- CPA or CPA candidate preferred
- Full-time, exempt position
- Monday - Friday, 8:30 a.m. - 5:00 p.m.; 7.75 hrs./day; 38.75 hrs./week
Pay Grade 8 (Hiring Range $64,210.00 to $85,072.00 annually)
At the University of Richmond, we're creative, inclusive, and determined. We're Spiders, and our mission is to create positive change in the UR community and beyond. Located minutes from downtown Richmond, Virginia, the University of Richmond (www.richmond.edu) blends the intimacy of a small college with exceptional academic, research, and cultural opportunities usually found only at large institutions. There's only one place like Richmond.
UR is committed to developing a diverse faculty, staff and student body, and to modeling an inclusive campus community which values the expression of differences in ways that promote excellence in teaching, learning, personal development and institutional success. In keeping with this commitment, our academic community welcomes candidates from diverse backgrounds and candidates who support diversity. EOE