The Director of Accounting and Reporting has management responsibility over two functional areas in Financial Services, financial reporting and general accounting. Reporting is responsible for the coordination of the fiscal year-end close, liaison with the external auditors, the preparation of internal and external financial reports and the completion of regulatory filings, such as unclaimed property escheatment and government mandated surveys. General accounting responsibilities includes maintenance and oversight activity within the University’s Financial Accounting System (FAS), oversight of University bank reconciliations, supervision of the accounting for University internal loans, and accounts for specialty accounting areas. Position will play a leading role in the design and implementation of the Financial System Modernization.
In this role, the Director works with department leadership to enhance the service delivery efforts of Financial Services. Provides advice and counsel to the organization in all matters related to accounting.
Reports to the Executive Director of Accounting and Financial Reporting and has direct management responsibilities for a staff of three individuals.
Prepares quarterly internal financial statements.
Oversees accounting and financial reporting activities of the University. Ensures timely and accurate reporting of all transactions. Ensures that University procedures are followed. Reviews general ledger account analysis and ensures that the University's financial records are accurate.
Coordinates year-end audit with the external auditors and ensure that the year-end audit package is accurate and complete. Coordinates work with external auditors.
Reviews established accounting practices and procedures. Recommends changes in and additions to such practices and procedures designed to improve service delivery to the University community. Implements changes where applicable.
Recommends and implements changes in operating policy and procedures based on accounting, reporting, and regulatory changes promulgated by the FASB, AICPA, NACUBO, and State and Federal requirements
Key contact person for departmental and divisional administrators for questions relating to reporting and the accounting system. Acts as liaison to other departments. Interprets office's policies and procedures to the University community.
Performs duties inherent in all supervisory, professional and administrative positions. Instructs and trains employees in the performance of their duties. Recommends hiring, promotion, transfer, discipline or discharge of personnel.
Ability to plan, organize, direct and manage staff to achieve work objectives of the unit.
Knowledge of financial principles, practices and applications.
Analytical, assessment problem-solving skills.
Excellent oral and written communication skills.
Proficiency with Microsoft Office
Strong managerial skills required including training staff.
Proficient financial reporting skills.
Ability to independently complete projects with a high degree of accuracy often under considerable time pressure with minimal supervision.
Knowledge of Uniform Guidance a plus
Bachelor's degree in accounting, business, or related field required
At least five years of accounting experience with progressive direct supervisory responsibilities required
Higher education experience a plus
Required Licenses and Certifications
CPA certification preferred
Interested applicants must complete an online profile and submit a completed application [resume, tailored cover letter, and list of references] via the University of Chicago application portal, located at:
Affirmative Action & Equal Opportunity
The University of Chicago is an Affirmative Action/Equal Opportunity/Disabled/Veterans Employer and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national or ethnic origin, age, status as an individual with a disability, protected veteran status, genetic information, or other protected classes under the law.
For additional information please see the University's Notice of Nondiscrimination.
Staff Job seekers in need of a reasonable accommodation to complete the application process should call 773-702-5800 or submit a request via our Applicant Inquiry Form.