Director of Accounting

The University of Texas System; Austin (TX); On-site; USD 90,000 - 110,000; Full time

Benefits offered by this job

Participation in Teacher Retirement System of Texas or Optional Retirement Program

Job summary

The University of Texas System in Austin is seeking an experienced individual to lead financial reporting and accounting functions. The role involves managing GASB compliance for 13 institutions and collaborating effectively with internal and external stakeholders to ensure transparency and efficiency in financial operations.

A Bachelor’s degree in accounting with a minimum of 10 years of relevant experience is required. The position also offers the chance to develop your team and improve financial reporting capabilities.

Qualifications

• 10 years or more experience in the accounting, finance, financial reporting and/or auditing field.
• Experience with GASB pronouncements and ensuring compliance required.

Responsibilities

• Lead financial reporting, analytics, and accounting functions.
• Manage the annual financial report preparation process.
• Coordinate communication with U.T. institutions and auditors.
• Design and monitor internal controls for financial operations.

Skills

Financial reporting

Analytics

Accounting

Collaboration

Training provision

Education

Bachelor’s degree in accounting or related field

Job description

Purpose of Position

Leads/facilitates financial reporting, analytics, and accounting functions for the U.T. System Administration and institutions.

Essential Functions

• Responsible for the management and implementation of all GASB pronouncements for 13 institutions and System Administration.
• Manages the consolidated annual financial report preparation process for 13 institutions and system administration, including restatements for all GASB specific requirements.
• Works closely with external consultants and auditors to ensure appropriate research has been completed for all current and future GASB pronouncements. Informs, corresponds, and facilitates communication with U. T. institutions, the State Comptroller, external auditors, and key state agency stakeholders.
• Reviews, interprets, and ensures compliance with GASB requirements.
• Provides and coordinates training workshops for 13 institutions, specific to GASB requirements.
• Manage direct reports and work to allocate tasks evenly across the team; identify cross-training and succession planning opportunities; responsible for driving team performance and professional development of individual contributors; conducts performance discussions and annual appraisals for investment accounting team.
• Consistently communicates and collaborates with cross functional teams within System Administration and the 13 institutions.
• Responsible for identifying innovative methods that will streamline financial reporting capabilities.
• Designs, executes, and monitors effectiveness of a system of internal controls which provides reasonable assurance that operations are effective and efficient, assets are safeguarded, financial information is reliable, and applicable laws, regulations, policies, and procedures are followed.
• Other duties as assigned.

Required Qualifications

• Bachelor’s degree in accounting or related field
• 10 years or more of experience in the accounting, finance, financial reporting and/or auditing field

Preferred Qualifications

• CPA
• Core Competencies: Manages ambiguity, action oriented, communicates effectively, collaborates, manages complexity.

Working Conditions

• Repetitive use of a keyboard at a workstation
• Uses standard office equipment
• Requires occasional evening or weekend hours

Additional Information

The standard retirement plan for this position is Teacher Retirement System of Texas (TRS), subject to the position being at least 20 hours per week and at least 135 days in length. However, the incumbent of this position may elect the Optional Retirement Program (ORP) subject to the position being 40 hours per week and at least 135 days in length. Participation in either TRS or ORP is mandatory.

A background check will be conducted on applicants under final consideration. The background check may include any or all of the following: criminal history check, prior employment verification, education verification, professional references check, and motor vehicle records check. Background checks are conducted by third-party vendors. Upon request from the third-party vendor, candidates under final consideration must provide the required information for the background checks to be completed.

EO/AA Statement

The University of Texas System Administration is committed to providing equal employment opportunity for all qualified applicants and employees in all terms and conditions of employment. U. T. System will provide equal employment opportunity to all qualified persons and will not discriminate on the basis of race, color, sex, sexual orientation, gender identity/expression, pregnancy, religion, national origin, age, disability, genetic information, protected veteran status, or any other characteristic protected by federal or state laws.

For information on accommodations for individuals with disabilities, please contact the Office of Talent and Innovation at [e-mail].