Assistant Controller - Operations - Financial Services

TITLE

Assistant Controller - Operations

JOB SUMMARY 

The Assistant Controller - Operations supports the Chief Accounting Officer & Controller in managing the university’s accounting operations, ensuring accurate financial reporting, increasing the efficiency of accounting procedures, maintaining strong internal controls, and overseeing daily accounting activities. This position is responsible for maintaining continuous compliance with federal, state and university requirements for accurate and timely financial records. Independent thought and judgement are required as well as personal initiative in completing required and assigned tasks. Work is performed independently under the general supervision of the Chief Accounting Officer & Controller and performance evaluation is based upon completion of assignments and results obtained. The performance evaluation is conducted through the performance evaluation system and in accordance with the University Policies & Procedures.

ORGANIZATIONAL RELATIONSHIPS

Reports to:      Chief Accounting Officer and Controller

Supervises:     Personnel as assigned

ESSENTIAL DUTIES - May include, but not limited to the following:

• Supervises the work of professional accountants to accurately record in the general ledger and document accounting transactions. May include prioritizing and coordinating work activities for accounting/financial staff.

• Assists with the preparation of the TWU Annual Financial Report. This includes recurring reconciliations and compiling of data throughout the fiscal year to ensure accurate reporting.

• Assists with month-end, quarter-end, and year-end general ledger closing procedures.

• Prepares ad hoc financial reports and data as requested by TWU management and external agencies.

• Reviews accounting documents for adherence to financial reporting guidelines.

• Audits and reconciles transactions in the University’s accounting system.

• Prepares, reviews and posts journal entries to accurately report all financial transactions.

• Oversees and coordinates various financial reporting projects, including process improvement initiatives, efficiency increasing efforts, and other accounting activities.

• Analyzes financial data and reports to provide actionable information to management.

• Assists the Chief Accounting Officer and Controller with ensuring the accuracy and efficiency of the University’s accounting system. 

• Monitors and reviews federal and state regulations that stipulate specifications for required policies and procedures related to financial reporting.

• Reviews and authorizes financial transactions to ensure compliance with the University, 

• Federal and State rules and regulations. Prepares required external financial reports.

• Oversees the maintenance of accounting records in accordance with generally accepted accounting principles and university policies.

• Formulates procedures and policies to assure continuing compliance with University policies and external regulations.

• May establish job standards for subordinate staff and effectively evaluate staff under charge. The performance evaluation is conducted through the performance evaluation system and in accordance with the University Policies & Procedures.

• Coordinates and conducts training for staff.

• Continues excellent customer service with departmental inquiries related to the accounting system.

• Reviews business practices for improvements in efficiency.

ADDITIONAL DUTIES

• Performs other duties as requested.

EDUCATION 

Bachelor’s degree in accounting or related area with an emphasis in accounting. Master’s degree preferred.

EXPERIENCE

Five years’ experience in financial management. CPA preferred. Texas state higher education accounting experience preferred.

REQUIREMENT

Regular and reliable attendance at the University during r