Director Of Accounting

High Point University's Accounting department is seeking a Director of Accounting. The Director of Accounting administers accounting and control procedures to ensure compliance with generally accepted accounting principles; plans, organizes, coordinates, and controls the services and activities of the Senior (2) and Financial (1) Accountants including cash management, endowment, fixed asset, grant, and all other general accounting functions. The Director of Accounting is responsible for the timely and accurate presentation of all financial accounting reports, tax filings and miscellaneous other information returns required of High Point University. The Director of Accounting is also responsible for the administration of policies, guidelines, and procedures necessary to effectively manage the University's resources; assist in relations with internal management as it pertains to budgeting, accounting, endowment management, and coordinates the University's various audits. The Director of Accounting is involved in all aspects of the financial accounting operation of High Point University and works closely with the Assistant Vice President for Accounting in all aspects of the accounting operation.

QUALIFICATIONS:

Education, Experience and Training:

Bachelor's degree in accounting with five or more years' experience, preferably in higher education or the non-profit field. CPA certification or master's degree in accountancy is required.

Knowledge, Skills, Ability:

• Knowledge of accounting systems and general accounting principles, GAAP and FASB pronouncements, U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance - formerly known as Circular A-133), Department of Education Title IV and other Federal and State loan programs, NCAA agreed upon procedures, and tax guidelines related to administering the payroll function and the University's tax reporting requirements (990).

• Knowledge and ability to utilize the Internet, Microsoft Office software, E-Commerce, and ERP software such as Ellucian-Datatel/Banner or Workday or other related higher education software package.

• Knowledge of general ledger setup and maintenance, fixed assets, contributions, and pledges receivable.

• Ability to utilize internal systems such as our online procurement system, Perceptive Content, Clarity, Entrinsik Informer and Blackbaud/Blackboard Reporting System.

• Knowledge of UPMIFA for assistance in administration of the endowment.

• Knowledge of DOL rules and regulations for the University's Retirement Plan monitoring and compliance.

• Analytical and problem-solving skills.

• Effective communication skills and ability to work both independently and as a team.

• Strong organizational and time management skills including the ability to multi-task, prioritize competing work responsibilities and meet deadlines.

• Strong interpersonal skills and the ability to work effectively with internal and external personnel.

• Ability to work confidently and competently under tight deadlines.

• Ability to quickly analyze situations, consider alternatives, and take appropriate courses of action.

ESSENTIAL FUNCTIONS:

• Trains and supervises office staff to perform all accounting job responsibilities. Assign and schedule work of three accountants (two Senior Accountants and one Financial Accountant); monitors work performance for accuracy and completeness to ensure compliance with established policies.

• Establishes accounting procedures compatible with the ERP System to facilitate all financial reports to conform to generally accepted accounting principles.

• Shares responsibility with the Assistant Vice President for Accounting and the Assistant Vice President for Business Services for the chart of accounts, general and subsidiary ledgers, and the timeliness and accuracy of the posting of accounting adjustments and journal entries. Approve journal entries of direct reports.

• Approves and transmits wire transfers as needed.

• Responsible for the monthly and annual financial closings.

• Oversees the University Endowment including monitoring endowment deposits, ensuring transfers to the Endowment Investment Managers are done on a timely basis, and reviewing periodic performance reports.

• Oversees monthly and quarterly financial aid reconciliations prepared by the accountants; work with Financial Planning Office to process return of funds as needed.

• Coordinates management of Federal Title IV and Federal Loan programs through the e-grants Department of

Education website. Ensure reconciliation of activity with the general ledger and preparation of the financial portions of the annual FISAP report submitted electronically by the Office of Financial Planning. Responsible for the coordination and approval of work papers required for the annual financial aid Uniform Guidance Audit Report.

• Ensures the Financial Planning and Institutional Advancement offices are provided annual restricted scholarship award levels.

• Works with the Assistant Vice President of Accounting to manage debt service requirements, covenants, and other banking relations.

• Completes all required financial statements or reports requested by federal, state, educational, institutional, or other agencies.

• Coordinates the year-end audit and ensures preparation of all year-ending work papers requested by the external auditors as itemized on their prepared by client (PBC) list.

• Ensures annual distribution of the 1042-s forms and filing of those returns with the IRS.

• Oversees performance of additional monthly audits of the travel card program which is administered within the office by the accountant serving the role of internal auditor.

• Serves as the Financial Accounting ERP system liaison representative.

• Ad hoc reporting as needed for departments and executive management.

• Performs other duties as the Assistant Vice President for Accounting may assign.

SUPERVISORY RESPONSIBILITIES:

This position supervises general accounting within the Business Office which consists of two Senior Accountants and one Financial Accountant.

ACCOUNTABILITY:

As delegated by the Financial Affairs policies and procedures, the incumbent directs daily activities related to the monthly and year-end financial closings, in order for the financial statements to reflect accurately the results of the monthly and annual financial operations of the University. The incumbent works closely with the Assistant Vice President for Accounting to ensure compliance with University policy and with all federal and state regulations and laws.

ACCOUNTABILITY:

For more information about this position, please contact Brian Shollenberger, Assistant Vice President for Accounting at bshollen@highpoint.edu