at University of Delaware in Newark, Delaware, United States
Job Description
University of DelawareEqual Employment Opportunity Statement
The University of Delaware is an Equal Opportunity Employer which encourages applications from Minority Group Members, Women, Individuals with Disabilities and Veterans. The University's Notice of Non-Discrimination can be found at http://www.udel.edu/aboutus/legalnotices.html
Job No: 503299
Work Type: Staff
Location: Newark, DE
Categories: Financial Services and Procurement, Full Time
PAY GRADE: 32E
CONTEXT OF THE JOB:
Within University Finance, the Controller’s Office is responsible for maintaining the University’s financial accounting and reporting in accordance with Generally Accepted Accounting Principles (GAAP), FASB standards. The department ensures the accuracy and reliability of the University’s accounting records, prepares the consolidated financial statements, and supports audits, internal controls, and compliance reporting.
The Manager of Financial Reporting & Accounting provides management of the University’s external financial reporting, interim reporting, and key accounting functions. Under the direction of the Assistant Controller, the Manager ensures the timely and accurate preparation of financial statements, oversees the coordination of audits, manages accounting and reporting processes, and supports initiatives to enhance transparency and efficiency across University Finance.
This position supervises a professional accountant and communicates with academic and administrative units across campus. The Manager plays a critical role in improving processes, maintaining compliance with accounting standards, and providing high-quality financial reporting.
MAJOR RESPONSIBILITIES:
Financial Reporting & Audits
- Provide support of the preparation of the University’s annual audited consolidated financial statements, ensuring accuracy, completeness, and compliance with GAAP and FASB standards.
- Direct and review the development of audit workpapers and supporting documentation for the financial statements
- Partner closely with the Manager of Technical Accounting & Compliance and the Assistant Controller to resolve complex accounting questions, implement new reporting standards, manage audit deliverables, and prepare materials presented to the Audit Committee.
Interim Financial Reporting
- Manage the University’s quarterly interim financial reporting process, including the coordination and oversight of all required closing activities. Establish and manage reporting timelines to ensure the timely and accurate completion of interim reports and analyses.
- Conduct financial analyses to interpret interim results and identify significant variances.
Accounting Processes & Closes
- Manage the University’s monthly financial accounting and closing processes, ensuring accurate and timely recording of assets, liabilities, revenues, and expenses.
- Lead the review and approval of monthly, quarterly, and annual closing entries, maintaining internal controls and documentation standards to support financial reporting. Oversee reconciliations, analyses, and journal entries to ensure that accounting activity is complete, consistent, and properly supported for both interim and year-end financial reporting and audit requirements.
- Drive continuous improvement in accounting operations by identifying and implementing opportunities to enhance efficiency, automate recurring processes, strengthen internal controls,
Equal employment opportunity, including veterans and individuals with disabilities.PI285291907
