Chief Financial Officer
2 months ago
Job Summary:
The Director of Accounting & Controller is a key member of the Texas Southern University Foundation team, responsible for leading and directing the accounting and financial reporting activities. This role requires a strong understanding of accounting principles, financial reporting, and regulatory requirements.
Key Responsibilities:- Directs all operational accounting activities, including general ledger, financial close, cash and banking, expense and revenue accounting, billing, accounts payable and receivable, payroll allocations, grant and other expense reporting.
- Ensures accurate and timely processing of financial functions, including quarterly financial statements, Form 990, Single Audit, and annual audits.
- Oversees revenue recognition and billing to ensure accurate and timely management of accounts receivable aging components.
- Maintains robust internal controls and safeguards for all financial operations and reporting activities.
- Prioritizes, organizes, distributes, and coordinates the flow of work for the team, including guiding team member performance and efficiencies.
- Ensures prescribed policies, procedures, and schedules are followed while ensuring team priorities are aligned to meet organizational goals.
- Reviews and analyzes financial statements and information and provides management updates on a monthly basis.
- Establishes and oversees roadmap for continuous improvement in systems, as well as financial and cash management strategies.
- Participates in professional accounting societies and maintains current, relevant knowledge of not-for-profit accounting.
- Coordinates with the University's Office of Development and the Office of Advancement Services to monitor and improve workflows to ensure integrity and efficiency.
- Serves as the Foundation liaison with the KTSU Radio Station to support specific requirements and needs to maintain active status with the corporation for public broadcasting.
- At least 7 years of progressive professional experience, including demonstrated experience in supervision, preparing financial reports, and month-end closing procedures.
- Experience within the non-profit and/or higher education environment preferred.
- Federal, state, and local laws and tax laws.
- Accounting principles and methods.
- Generally Accepted Accounting Principles and Financial Accounting Standard Board pronouncements and standards.
- Ellucian, Intuit QuickBooks Desktop Enterprise, Blackbaud ERP systems.
- Management and supervisory practices.
- Microsoft Office Professional or similar application.
- Must be well-organized, flexible, detailed-oriented, able to manage multiple projects simultaneously and meet deadlines.
- Financial reporting, reconciliations, and budget management.
- Effective leadership and customer service.
- Problem-solving and decision-making.
- Strong analytical and critical thinking.
- Developing and maintaining effective working relationships with peers, subordinates, other University departments, and the general public.
- Both verbal and written communication.
- Preparing and delivering presentations.
- Maintain the Foundation's financial policies and standards and recommend updates, as needed.
- Solve problems efficiently and effectively and make sound judgments.
- Be a self-starter with a proven track record of success and the ability to work independently and collaboratively as part of a team.
- Prepare financial reports.
- Apply budgeting and fiscal planning techniques within financial constraints.
- Possess a proven track record in accounting/financial management with supervisory experience.
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