Job Description:

• Coordinates corrections of account balances and maintains proper accounting controls and procedures.
  
• Advises management of budget and funding status and makes recommendations for resolving funding issues.
  
• Assists in year-end audits; provides detailed schedules and analysis to support financial statements.
  
• Reviews current control procedures and assists in the development of new procedures to improve internal control measures.
  
• Works with external and internal auditors to interpret accounting schedules and resolve discrepancies.
• Develops responses to address the impact of changes in accounting standards.
  
• Makes recommendations to improve efficiency of reporting practices.
  
• May assist in preparing, developing, and monitoring department/Hospital budget and compliance with fiscal constraints.
  
• Provides information and analysis for long-range financial and cash flow forecasting; projects data trends in spending; provides analysis to determine the best use of funds and funding sources; projects expenses and compares to income; makes recommendations to management.
  
• Reviews, analyzes and negotiates and maintains the financial aspects of grant agreements and sponsored research proposals and the resulting contracts, grants, endowments, or cooperative agreements to ensure compliance.
• Performs studies to establish of rates.
  
• Determines billable indirect costs; analyzes cost to charge relationship; and determines overhead rates to apply indirect costs to budget.
  
• May implement and maintain procedural cost accounting system.
  
• Evaluates new business initiatives and large capital requests.
  
• Develops and maintains expertise on state, federal, and organizational regulations and guidelines; makes recommendations on policy issues to maintain compliance with regulations and guidelines.
  
• Develops and implements procedures consistent with established policies.
  
• Reviews, revises, and communicates guidelines to ensure compliance.
  
• Analyzes current policies and procedures and assesses effectiveness.
  
• Manages special projects; coordinates the preparation of special impact studies and other financial surveys and questionnaires.
  
• Works with manager to formulate plan for professional development.
  
• Attends educational in-services as appropriate. Participates in professional activities and organizations to maintain knowledge of current trends, practices, and developments.
  
• Prepares and analyzes statistical reports, financial statements, and supporting schedules for management; prepares reports on actual and budgeted financial information; works with management to develop assumptions and historical costs; projects impact of new programs or projects; computes monthly return on investments; analyzes variances on returns; monitors, analyzes, and reports on the activity of programs.
  
• Identifies, develops, and implements methods for improving reporting efficiency.
• Identifies requirements and develops reports required by state and federal agencies and ensures compliance.
  
• Maintains hospital cost reports, federal and state tax reports or fiscal reports required for contract compliance.
  
• Coordinates third party reporting requirements; maintains compliance with all regulations.
  
• Applies federal, state, or contractual requirements to the University setting.
  
• Analyzes monthly financial performance relative to budget and prior periods; documents variances in a narrative format that concisely and accurately describes the situation.
  
• Provides guidance and direction to professional staff.
  
• Consults with department heads, provides guidance, and makes recommendations to assist them in designing and establishing procedures.
  
• Train others on cost accounting and design of management reports.
  

MINIMUM QUALIFICATIONS:

• A bachelor's degree in accounting, finance, or related field with 5 years directly related experience.