Job Information
MIAMI UNIVERSITY Senior Director of Financial Reporting and Compliance in Oxford, Ohio
Job Title
Senior Director of Financial Reporting and Compliance
Department
Controllers Office
Worker Type
Regular
Pay Type
Salary
Position Salary Minimum
$100,000
Position Salary Maximum
$130,000
Salary will be commensurate with the level of the position, education, and experience.
Scheduled Weekly Hours
40
Benefit Eligible
Yes
Screening Date
2024-08-15
Job Description Summary
Responsible for all accounting functions for all operating, plant funds, restricted funds, loans, and agency funds. Supervise General Accounting Staff, including Director of Tax and Compliance and Investment Accountant. Ensure compliance with Governmental Accounting Standards Board (GASB) and Financial Accounting Standards Board (FASB). Manage year-end close process, annual financial audit process with external auditors, and the internal and external financials report development for both the University and the Miami University Foundation. Participate in LEAN projects on a continual basis and develop cost and forecasting analysis. Manage the University and Foundation general ledger and chart of accounts.
Job Description
Essential Duties:
Supervise all accounting tasks for unrestricted, auxiliary, designated, plant, loan, agency, debt and restricted funds. Provide customer service in understanding and maintaining these accounts. Examples of significant activities supervised are: Review all reconciliation and ensure reconciliation have occurred for all balance sheet accounts on a monthly basis. Review journal entries and monitor accounting activity for the funds listed above. Review upload, accounting processes, and interdepartmental charges. Process and reconcile data interfaces from bursar, AP and payroll and ensure that the accounting system remains in balance. Review fixed asset transactions and reconcile capitalization entries, depreciation and debt. Assist in preparing and distributing internal and external financial reports.
Supervise the Director of Tax and Compliance. Review the University's unrelated business income and preparation of annual year end reporting ( IRS 990, 990-T, W-2, 1099, 1042 forms and other tax related reporting.
Oversee development of documentation of Workday processes. Oversee Workday finance training sessions.
Review and approve the HEI, IPEDS, HLC ratios, ODHE and other financial regulatory reporting.
Prepare annual Senate Bill 6 ratios.
Supervise General Accounting staff and Investment Accountant including but not limited to training, assign and direct work, review work, coach and/or counsel, and conduct performance evaluations.
Manage and participate in the annual year-end closing process for all the financial offices including the Banner general ledger year-end closing process, the year-end calendar, reconciliations, scoresheets, journal entry processing, budget carryforward processing, and financial workpaper preparation. Manage year-end roll forward process for general ledger accounts and encumbrances.
Work with external auditors to manage the annual university audit process. Prepare audit schedules and respond to audit requests for additional information and explanations. Pursue and resolve any audit findings and management comments. Prepare management discussion and analysis, financial statements, and