Financial Reporting Manager

Financial Reporting Manager Job Summary Under minimal supervision will help prepare financial reports for component units, cultural entities, as well as the University's annual consolidated report. In addition, will work with departments and component units to prepare other required monthly, quarterly, and annual reports. Participates in developing and implementing new processes and procedures related to GASB pronouncements. Acts as a catalyst between the department and its customers and staff to ensure continuity and quality of service and care. May supervise staff. About University of Utah The University of Utah is the state's flagship institution of higher education, with 18 schools and colleges, more than 100 undergraduate and 90 graduate degree programs, and an enrollment of more than 34,000 students. It is a member of the Association of American Universities—an invitation-only, prestigious group of 65 leading research institutions—and a member of the premiere Pac-12 athletic conference. The U strives to be a model public university in delivering unmatched value in higher education and health care while making social, economic and cultural contributions that improve the quality of life throughout the state, the nation and the world. The University of Utah offers a comprehensive benefits package including: Excellent health care coverage (https://www.hr.utah.edu/forms/lib/SummaryComparisonEmployeeHCP.pdf) at affordable rates. 14.2% retirement contributions** (https://www.hr.utah.edu/benefits/retire_401aPlan.php) that vest immediately. Generous paid leave time (https://www.hr.utah.edu/benefits/paidLeave.php) 11 paid Holidays per year Tuition reduction (https://www.hr.utah.edu/benefits/tuition.php) for employee, spouse, and dependent children. Flex spending accounts (https://www.hr.utah.edu/benefits/fsa.php) Free UTA TRAX/ Bus pass for all employees. Professional development opportunities. Additional benefits information is available at www.hr.utah.edu/benefits **For the majority of employees, the University contributes an amount equal to 14.2% of pay to a 401(a) Retirement Plan. If you previously worked for the University and were enrolled in a Utah Retirement Systems (URS) retirement plan, Utah law requires that you be re-enrolled in the same URS plan upon rehire. If you were enrolled in a URS plan with another employer and wish to be enrolled during your University employment, you must complete the Irrevocable Election (online at https://benefits.utah.edu/retirement-plan-election/) before your first paycheck. Only employees who are residents of the United States and those holding H-1B Visas are eligible for retirement benefits. Responsibilities Prepare or assist in preparation of all required annual financial reports. Work with the University of Utah Research Foundation (UURF) and assigned department manager to prepare budgets, variance analysis, and cash position documents for sub-committee and board meetings. Oversee and/or prepare all required monthly, quarterly, and annual reports such as bond disclosures, Moody’s and S&P disclosures, investment reports, etc. Work with Associate Director of Financial Reporting and Accounting (AD) and Associate Controller to create and implement processes for new Governmental Accounting Standards Board (GASB) pronouncements. Support set up and maintenance of chart fields and general ledger structure. Work with AD and Associate Controller to help onboard new component units and/or other associated service organizations. Partner with the training team to facilitate training for finance staff across the university. Respond to external auditor’s questions/requests in a timely and accurate manner. Work with AD on existing processes and make suggestions and/or changes to improve efficiencies within Financial Reporting This job description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to the job. Minimum Qualifications Bachelor’s degree in a related area or equivalency (one year of education can be substituted for two years of related work experience). Four to six years of progressively more responsible management experience. Background knowledge of hiring department’s area of specialization in order to analyze, plan and draw conclusions for recommendations to superiors. Demonstrated leadership skills in planning and directing employees and processes in order to effectively monitor and develop subordinates and to ensure the smooth operation of department. Master’s degree in a related area may be preferred. Applicants must demonstrate the potential ability to perform the essential functions of the job as outlined in the position description. Preferences CPA license is strongly preferred. Candidates who are CPA-eligible, per the State of Utah Division of Occupational Licensing rules, and are willing to sit for the exams may be considered. Experience in preparing and/or reviewing financial statements Prior experience reading and interpreting Financial Accounting Standards Board or GASB rules and guidelines Work Environment and Level of Frequency typically required Hybrid environment. Special Instructions Requisition Number: PRN38141B Full Time or Part Time? Full Time Work Schedule Summary: Monday-Friday 8:00am-5:00pm. Depending on departmental needs. Hybrid schedule. Department: 00346 - Controller/Financial Managemnt Location: Campus Pay Rate Range: $82,000 - $92,000 DOE Close Date: 7/4/2024 Open Until Filled: No To apply, visit https://utah.peopleadmin.com/postings/162754 jeid-a5586f7dd54cf141b757eb67c2a0e519