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Posting Details
Posting Summary
Working Title
Financial Reporting Manager
Type of Position
Staff - Full Time
Department
Accounting
Appointment Length
July - June (12 mo)
Benefits Eligible?
Yes
Published Salary
Requested Part-Time Staff Hours
NA
F.T.E.
1.00
Grant Funded Position?
No
If temporary (or grant funded) position, indicate ending
date
Description of Job Duties and Responsibilities
The Financial Reporting Manager supports the financial operations
of Fairmont State University by collecting, reviewing and analyzing
financial data for external and internal financial reporting
requirements. This role assists in producing timely, accurate and
compliant financial reports while adhering to federal, state and
institutional regulations and guidelines, maintains strong
communication and relationships with the campus community and key
financial stakeholders. Operational Duties:
Internal Reporting –
Assist with monthly, quarterly and year-end closing activities,
including but not limited to preparing accrual entries, completing,
reviewing and correcting journal entries, account reconciliations,
and financial data to ensure the accuracy of financial
information
Collect interim financial data, identify significant variances,
interpret data, and collaborate with the Finance team to compile
monthly financial statements
Create regular, recurring and ad hoc internal reports as needed
to support university-wide decision-making
Internal reporting includes but is not limited to financial
statements, capital project budget reports, fixed asset reports and
proformas
External Reporting –
Collaborate with Institutional Resources to complete all
required and requested external reporting in compliance with state,
federal and higher education reporting requirements for various
third-party stakeholders
External reporting includes but is not limited to Internal
Revenue Service ( IRS ), National Collegiate Athletic Association (
NCAA ), Integrated Postsecondary Education Data System ( IPEDS ),
Higher Education Policy Commission ( HEPC ) and the State of West
Virginia.
Audit Coordination –
Assist Finance leaders with the preparation of the University’s
annual audited consolidated financial statements, ensuring accuracy
and compliance with policies, federal and state laws, Generally
Accepted Accounting Principles ( GAAP ) and Governmental Accounting
Standards Board ( GASB ) standards. Duties include but are not
limited to developing workpapers, preparing schedules, creating and
reviewing journal entries and collecting documentation.
Audits include but are not limited to National Collegiate
Athletic Association ( NCAA ), Research & Development (R&D)
and Single Financial Audit ( SFA )
Process Improvement & Systems Optimization:
Policy Development: Work with Finance team to evaluate, update,
implement and document departmental and university-wide financial
policies and procedures.
Unit Collaboration: Collaboration includes but is not limited
to, partnering with the Finance Team to ensure accurate and timely
financial reporting and to ensure alignment between budget and
actual reporting; and collaborating with departments across the
university to promote clear understanding of financial data and
processes
Improvement: Drive continuous improvement by automating manual
processes and enhancing ERP system functionality in conjunction
with the State of WV’s ERP system
Other:
Participates in other projects and performs other duties as
assigned.
Minimum Required Education
Bachelor’s degree in Accounting, Finance, Business Administration
or a related business field (or equivalent combination of education
and experience).
Required Licenses and/or Certifications
N/A
Minimum Required Qualifications
3-5 years prior experience with Finance, Accounting or Budgets,
however, any equivalent combination of education and/or experience
is acceptable which provides an applicant with the listed
knowledge, skills, abilities and capability to perform the
essential functions of the job
High attention to detail and strong written and verbal
communication skills
Strong proficiency in Microsoft Excel (including formulas, data
sorting, and pivot tables).
Strict ethical standards for handling data confidentiality
Preferred Qualifications
Experience with higher education finances
Experience with annual audit coordination
Strong understanding of Generally Accepted Accounting
Principles ( GAAP ) and Governmental Accounting Standard Board (
GASB )
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