Essential Functions: ESSENTIAL FUNCTIONS:Lead the day-to-day management of the Cost Accounting and Property Management departments. Coordinate and meet with subordinate managers, professionals and clerical staff. Perform personnel management function. Oversee selection, training and evaluation of subordinate exempt and non-exempt personnel. Assist and make recommendations in the development and implementation of departmental personnel policies and procedures; ensure that personnel practices are in compliance with University practices. Determine manpower needs and recommend staffing levels. Monitor University compliance with existing and new Federal cost accounting and other governmental reporting and control requirements (i.e., Uniform Guidance and CASB) as they relate to direct charges, composite fringe benefit rates, the University's indirect cost proposal and other financial and related compliance obligations. Recommend policies/procedures to ensure University compliance and implement changes as required.Plan, organize, and prepare the University's Federal Indirect Cost Proposal. Coordinate indirect cost accounting information requirements with other University departments (e.g. space and equipment inventories). Manage the University's biennial equipment inventory to ensure compliance with applicable Federal requirements. Maintain the surplus property warehouse for used equipment and office furnishings. Manage the distribution and/or disposal of surplus property to ensure compliance with Federal regulations, contractual agreements, and the university's policies and procedures.Prepare annual update of composite fringe benefit rates in accordance with Federal requirements and the university policies and procedures. Prepare the annual WDET financial statements to ensure accuracy and timely completion in accordance with GAAP/GASB and Corporation for Public Broadcasting (CPB) guidelines. Manage the overall WDET financial statement audit and CPB report and serve as primary liaison with external auditors. Serve as a seasoned accounting professional in the application of theory and principles of accounting to maintain and enhance University accounting practices and reporting. Assist in the analysis and implementation of financial reporting changes (GASB pronouncements, etc.). Play an integral role in the year-end close process. Compile and analyze select financial information in conjunction with preparing financial statements and supporting schedules. Ensure the integrity of internal and external financial reporting. Ensure that all financial reporting deadlines are met and that financial records are maintained in compliance with prevailing policies, procedures, and applicable regulations. Facilitate the processing of financial transactions in accordance with University policies and procedures. Prepare and/or review accounting documents to ensure accuracy of information and calculations and make or direct correcting entries. Process and review journal vouchers. Monitor and review ledger activity to ensure the integrity of the University's financial records. Review, monitor, and approve recharge rates for specialized service centers to ensure compliance with Federal cost accounting standards. Provide the necessary liaison and resource to University personnel and/or external clients. Serve on University-wide task forces and committees. Represent the department at various meetings. Attend conferences and seminars and network with outside professional groups and organizations to keep abreast of current trends and practices in assigned areas.Play an integral role in Finance system upgrades and/or new system implementations. Provide oversight and monitoring of certain central accounts for fiscal integrity. Perform related work as assigned.
Qualifications: EDUCATION:Graduation from an accredited college or university with a degree in accounting or related field. A master's degree in business administration (MBA) or certification such as certified public accountant (CPA) or certified management accountant (CMA) are desirableEXPERIENCE:Must have at least 5 years of progressively more responsible assignments in financial operations including considerable managerial experience. Reasonable experience in the preparation of financial statements for a large and complex organization in accordance with generally accepted accounting principles and Accounting Standards (GASB/FASB) is required. Reasonable knowledge and understanding of University policies and procedures or policies and procedures in a large complex environment is also required. Experience in the development of composite fringe benefit rates, Federal Indirect Cost Proposals, and recharge rates for service centers are highly desired and preferred. Experience and knowledge of Banner administrative systems and previous experience in a university environment are preferred.
Internal Number: 76_208897
About Wayne State University
Founded in 1868, Wayne State University is a nationally recognized metropolitan research institution offering more than 400 academic programs through 13 schools and colleges to nearly 32,000 students. Wayne State?s main campus in Midtown Detroit comprises 100 buildings over nearly 200 acres; its five extension centers offer higher education to people throughout Southeast Michigan. Wayne State is dedicated to preparing students to excel by combining the academic excellence of a major research university with the practical experience of an institution that by its history, location and diversity represents a microcosm of the world we live in. Reflecting its location and the excellent international reputation of its graduate schools, particularly in the sciences, Wayne State boasts the most diverse student body among Michigan?s public universities. Its students represent 49 U.S. states and more than 60 countries.