Bachelor's degree and 5 years of related experience; OR a Master's degree and 3 years of related experience; OR a Ph.D. or other professional degree and related experience.
Bachelor's degree in Accounting or Finance 5 years of progressively responsible, professional experience in related area 2 or more years of successfully managing and supervising a professional accountant team Experience preparing and supervising the preparation of complex financial statements Experience preparing financial statements in accordance with GASB and GAAP Certified Public Accountant (CPA)
The Manager of Financial Accounting and Reporting is a key leadership position in the Controllerâs Department responsible for the Universityâs financial reporting, long-term debt management, capital assets, and financial general ledger system.Â The Financial Accounting and Reporting Managerâs functions and responsibilities include but are not limited to:
Financial Reporting and Analysis:
Manage preparation and ensure the annual Iowa State University consolidated financial statements are prepared in accordance with Governmental Accounting Standards Board (GASB) and Generally Accepted Accounting Principles (GAAP).Â
Manage preparation of the Universityâs Comprehensive Annual Financial Report (CAFR).Â
Manage preparation of varied financial reports as required by internal constituents.
Serve as subject matter expert and technical advisor on implementation of new GASB pronouncements, supervise GAAP reporting revisions, and author new sections.
Supervise, coordinate and ensure appropriate reviews in the preparation of supporting schedules and work papers in support of University financial statements, bond audit reports, and other external reporting.
Manage the preparation of GAAP ledger journal entries to record required accruals and adjustments.
Provide management oversight and review of the financial statements of the Universityâs component units.
Serve as the primary contact with external financial statement auditors.
Supervise the analysis and review of University financial data for reasonableness and lead process improvement efforts for reporting processes and reconciliations.
Manage the preparation of audit schedules/reports requested by external auditors.
Provide assistance and training to University staff and external constituents in the interpretation of University financial information and reports.
Manage the preparation and ensure timely completion of other University external reports and analysis as required.
Long-term Debt Management:
Ensure compliance with the bond covenant requirements for the Universityâs bonded enterprises and outstanding bond issuances.
Assist senior finance leadership by providing data for inclusion in bond covenants and reviewing proposed bond resolution language for accuracy and consistency with existing parity bonds.
Provide accounting and reporting for all bond funds.
Work with external bond arbitrage consultants to account for and manage arbitrage rebate liabilities.
Advise units of proper accounting for transactions to ensure compliance with financial reporting principles and bond resolution requirements.Â
Oversee and manage the accurate accounting for capital projects and the maintenance of capital asset records, including the accurate accounting for capitalization and depreciation.
Compile quarterly cash flow analysis of major capital projects funded by private gifts and bond proceeds.
Provide leadership and consult with external consultants to maintain complete and accurate building depreciation data.
Serve as a member of the subset group of the Universityâs Capital Projects Advisory Committee, responsible for overseeing the financial, planning and construction aspects of the capital projects process
Financial System Maintenance:
Oversee review of specific financial transactions, internal control practices, and monitoring for compliance with applicable policies, procedures, rules and regulations.Â
Oversee, design, improve, and manage all aspects of the Universityâs general ledger component of the Universityâs financial software.
Oversee financial system period close processes.Â
Provide strong leadership and exhibit successful management skills while effectively supervising staff, building an effective team, planning/organizing resources, and setting work objectives.
Develop and make presentations to management on complex financial data related to areas of assignment as needed.
Perform high level analytics and problem solving as requested and needed.
Strong inter-personal, communication and organizational skills.
Ability to manage complex timelines with multiple stakeholders.
Number of Months Employed Per Year:
12 Month Work Period
Pay Rate Type:
To apply for this position, please click on âApplyâ and complete the Employment Application. Please be prepared to enter or attach the following:
1) Resume/Curriculum Vitae
2) Letter of Application/Cover Letter
3) Contact Information for Three References
If you have questions regarding this application process, please email email@example.com or call 515-294-4800 or Toll Free: 1-877-477-7485.
Original Posting Date:
March 23, 2020
Posting Close Time:
This posting will close at 12:00 AM CST on the date listed below. The posting will no longer be available to apply to after 11:59 PM CST the day prior.
Iowa State University is classified as a Carnegie Foundation Doctoral/Research University-Extensive, a member of the Association of American Universities (AAU), and ranked by U.S. News and World Report as one of the top public universities in the nation. Over 36,000 students are enrolled and served by over 6,200 faculty and staff (see www.iastate.edu). Ames, Iowa is a progressive community of 60,000, located approximately 30 minutes north of Des Moines, and recently voted the best college town in the nation (see www.visitames.com).
Iowa State University is an equal opportunity employer committed to excellence through diversity and strongly encourages applications from all qualified applicants, including women, underrepresented minorities, and veterans. ISU is responsive to the needs of dual career couples, is dedicated to work-life balance through an array of policies, and is an NSF ADVANCE institution.
Iowa State University is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected Veteran status and will not be discriminated against.