"Director of Accounting & Controller, Texas Southern University Foundation"

Job Details

Posting Details

Title Information

Security Sensitive Position? Yes

Hours of Work 8:00 AM - 5:00 PM M-F

Position Details

Position Information

Posting Number TSU203195

Official TSU Title Director of Accounting & Controller, Texas Southern University Foundation

Grant Title N/A

Job Description Summary / TWC Summary

Under the supervision of the Executive Director, the Director of Accounting & Controller leads and directs the accounting and financial reporting activities for the Texas Southern University Foundation. The Director is responsible for the general ledger, revenue, billing, accounting, accounts payable, accounts receivable, audits and external financial reporting. The Director has functional responsibility for maintaining the organization’s accounting policies, procedures, and financial controls. As the chief financial officer, the Director is responsible for supervising accounting staff and works very closely with the Executive Director to support presentations and other reports to the Foundation’s Board of Trustees.

This position is an on-site assignment based in Houston, Texas.

Essential Duties Summary

• Directs all operational accounting activities for the TSU Foundation, including but not limited to: general ledger, financial close, cash and banking, expense and revenue accounting, billing, accounts payable and receivable, payroll allocations, grant and other expense reporting. Ensures accurate and timely processing of the functions listed above.
• Directs external financial reporting activities and ensure accurate and timely dissemination of financial reports, including but not limited to: quarterly financial statements, Form 990, Single Audit (where applicable), and annual audits.
• Oversees revenue recognition and billing to ensure the accurate and timely management of all accounts receivable aging components, including: billing, cash receipts application, and grant administration.
• Oversees all accounts, ledgers, and reporting systems to ensure compliance with GAAP standards and regulatory requirements.
• Maintains robust internal controls and safeguards for all financial operations and reporting activities.
• Prioritizes, organizes, distributes, and coordinates the flow of work for the team, including guiding team member performance and efficiencies (i.e., managing, coaching, and developing staff).
• Ensures prescribed policies, procedures, and schedules are followed while ensuring team priorities are aligned to meet organizational goals.
• Reviews and analyzes financial statements and information and provides management updates on a monthly basis.
• Establishes and oversees roadmap for continuous improvement in systems, as well as financial and cash management strategies.
• Participates in professional accounting societies and maintains current, relevant knowledge of not-for-profit accounting.
• Coordinates with the University’s Office of Development and the Office of Advancement Services to monitor and improve workflows to ensure integrity and efficiency.
• Serves as the Foundation liaison with the KTSU Radio Station to support specific requirements and needs to maintain active status with the corporation for public broadcasting ( CPB ).
• Other duties as assigned in fulfillment of the organization’s mission.

% FTE 1.0

Hiring Range $84,429.00 - $105,536.00

Education Bachelor’s degree in accounting, finance, or closely related field required (advanced degree preferred).

Required Licensing/Certification CPA certification (in current status) preferred.

Knowledge, Skills, and Abilities

Knowledge of:

• Federal, state, and local laws and tax laws
• Accounting principles and methods (preferably with emphasis in not-for-profit and higher education financial reporting)
• Generally Accepted Accounting Principles ( GAAP ) and Financial Accounting Standard Board ( FASB ) pronouncements and standards
• Ellucian (Banner), Intuit QuickBooks Desktop Enterprise, Blackbaud (Raiser’s Edge NXT and Financial Edge NXT ) ERP systems
• Management and supervisory practices
• Microsoft Office Professional or similar application

Skilled In:

• Must be well-organized, flexible, detailed oriented, able to manage multiple projects simultaneously and meet deadlines
• Financial reporting, reconciliations, and budget management
• Effective leadership and customer service
• Problem-solving and decision-making
• Strong analytical and critical thinking
• Developing and maintaining effective working relationships with peers, subordinates, other University departments, and the general public
• Both verbal and written communication
• Preparing and delivering presentations

Ability to:

• Maintain the Foundation’s financial policies and standards and recommend updates, as needed
• Solve problems efficiently and effectively and make sound judgments
• Be a self-starter with a proven track record of success and the ability to work independently and collaboratively as part of a team
• Prepare financial reports
• Apply budgeting and fiscal planning techniques within financial constraints
• Possess a proven track record in accounting / financial management with supervisory experience

Work Experience At least 7 years of progressive professional experience, including demonstrated experienced in the areas of supervision, preparing financial reports, and month end closing procedures. Experience within the non-profit and/or higher environment preferred.

Working/Environmental Conditions Routine office environment. Sitting or standing in one location much of the time. Some stooping, lifting, and carrying light weight objects may be required. Use of video display terminal.

Posting Detail Information

Open Until Filled (overrides close field) Yes

Special Instructions to Applicants Open to all applicants.

Required Documents Resume, Cover Letter/Letter of Application, Official Transcripts