Chief Financial Officer
1 week ago
The Director of Accounting & Controller is a pivotal role within the Texas Southern University Foundation, operating under the guidance of the Executive Director. This position is tasked with steering and overseeing all accounting and financial reporting functions. The Director will manage the general ledger, revenue streams, billing processes, accounts payable and receivable, as well as audits and external financial disclosures.
Key Responsibilities
- Lead all operational accounting functions for the TSU Foundation, encompassing general ledger management, financial closing, cash handling, expense and revenue tracking, billing, and payroll allocations.
- Oversee external financial reporting to ensure timely and accurate dissemination of financial documents, including quarterly statements and annual audits.
- Manage revenue recognition and billing processes to ensure effective oversight of accounts receivable, including billing and grant administration.
- Ensure compliance with GAAP standards and regulatory requirements across all accounts and reporting systems.
- Establish and maintain robust internal controls for all financial operations.
- Coordinate workflow within the team, ensuring alignment with organizational objectives.
- Review and analyze financial statements, providing management updates regularly.
- Develop and implement strategies for continuous improvement in financial systems and cash management.
- Engage with professional accounting organizations to stay updated on not-for-profit accounting practices.
- Collaborate with various university offices to enhance operational workflows.
- Perform additional duties as required to fulfill the organization's mission.
Qualifications
- In-depth knowledge of federal, state, and local tax laws.
- Proficient in accounting principles and standards.
- Experience with accounting software such as Ellucian and QuickBooks.
- Strong management and supervisory skills.
- Proficient in Microsoft Office or similar applications.
Skills and Abilities
- Exceptional organizational skills with the ability to manage multiple projects.
- Strong financial reporting and reconciliation skills.
- Effective leadership and customer service capabilities.
- Analytical and critical thinking skills.
- Excellent verbal and written communication skills.
Experience
A minimum of 7 years of progressive experience in accounting, with a focus on supervision and financial reporting, preferably within a non-profit or higher education environment.
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