DirectJobHub
Jobs · Finance · Pennsylvania

Associate Director of Financial Reporting

Drexel University · Philadelphia, PA · 1 wk ago
HybridFinance$100k–$150k/yrFull-time

Job Summary

The Associate Director of Financial Reporting is responsible for the day-to-day oversight of the University’s financial reporting function, including the preparation, review, and analysis of monthly consolidated financial statements for Drexel University and its subsidiaries. Reporting to the Executive Director of Financial Reporting, the Associate Director serves as the operational lead for financial reporting activities, ensuring the accuracy, completeness, and timeliness of financial statements, supporting schedules, and audit deliverables. The position provides direct supervision and guidance to Financial Reporting staff and plays a key role in coordinating audit activities, evaluating complex accounting transactions, and maintaining strong internal controls.

Essential Functions

  • Oversees the preparation and review of monthly consolidated financial statements and related variance analysis.

  • Safeguards all reporting deliverables are completed accurately and in accordance with departmental timelines.

  • Reviews and approves key workpapers and supporting schedules to ensure audit readiness.

  • Oversees preparation of financial statements for special purpose entities.

  • Serves as the primary coordinator of annual audits for Drexel University and its subsidiaries.

  • Manages audit timelines, deliverables, and communication with external auditors.

  • Safeguards audit workpapers are complete, well-documented, and compliant with audit standards.

  • Supports external reporting requirements, including Form 990, 990-T, and other regulatory filings.

  • Evaluates and documents complex accounting transactions and related technical accounting positions.

  • Reviews and contributes to accounting white papers to ensure appropriate financial statement presentation.

  • Supports implementation of new accounting standards and changes in reporting requirements.

  • Oversees the review and approval process for Chart of Accounts (FOAPAL) elements, ensuring proper structure and documentation.

  • Works closely with General Accounting and Budget and Planning to resolve issues impacting financial statements.

  • Counsels departments and business units to ensure accurate and timely financial reporting.

  • Identifies and implements process improvements to enhance efficiency, accuracy, and internal controls.

  • Develops and maintains financial reporting procedures and documentation.

  • Ensures adherence to university-wide best practices and internal control standards.

  • Provides direct supervision of Financial Reporting staff, including the Financial Reporting Manager; assigns work, reviews deliverables, and supports staff development and performance management.

Required Qualifications

  • A minimum of a Bachelor's Degree in Business, Accounting or Finance or the equivalent combination of education and work experience.

  • Minimum of 5 years of experience in preparing consolidated financial statements for a higher education institution.

  • Knowledge of GAAP.

  • Experience using Hyperion, Banner ERP or Oracle OAS.

  • Advanced knowledge of Microsoft Office Suite (Word, PowerPoint, Excel and Access).

  • Knowledge of SQL and Oracle databases.

  • Excellent written and verbal communication skills.

  • Strong attention to detail skills.

  • Excellent technical and financial reporting abilities.

Preferred Qualifications

  • Current CPA.

  • Experience working in a non-profit environment, specifically college or university.

Similar jobs