The Director of General Accounting is responsible for ensuring accurate general ledger account balances that are substantiated by the completion of monthly account analysis and reconciliations.
The Director of General Accounting reports to the Assistant Controller. Major duties and responsibilities of this position include:
Supervising general accounting and financial reporting staff by delegating assignments, reviewing their productivity and efficiency, and mentoring staff to insure a high-quality reporting that is timely.
Reviewing and approving all bank reconciliations and account analysis
Reviewing and approving staff journal entries
Reviewing account balances for completeness and the proper classification of transactions
Ensuring that recurring journals are processed in the appropriate period
Ensuring that third party systems, including Banner, TouchNet, Marketplace, e-commerce, payroll, parking, P-cards, etc. are reconciled monthly
Researching and resolving journal interface and chartfield errors
Resolving any issues with the bank reconciliation module
Researching and clearing suspense account items and notifying source of corrections to avoid repetitive errors.
Writing policies and procedures to improve processes and workflows.
Maintaining the University’s Chart of Accounts
Closing the financial records each month, by the 10th of the following month.
Verifying general ledger account balances
Notifying the Director of Financial Reporting of the need for new or revised ChartField values
Preparing the University’s annual audited Financial Statements, including Footnotes and MD&A.
Ensuring all PBC schedules and analysis are completed and reviewed prior to the assumption of audit fieldwork.
Collaborating with the Budget Office and other stakeholders to explain account balances and variances from comparative periods
Meeting deliverable deadlines
Assisting stakeholders and requestors so they understand account balances and content
Overseeing Financial Reporting staff to ensure the timely production and analysis of financial statements.
Correcting GL account errors and omissions on a timely basis
Utilizing PeopleSoft queries and reports to prepare reports and analysis
Researching historical information in FRS and respective archives
Collaborating with end users to obtain requirements for reports and queries
Coordinating requests for reports or queries with the Financial Report Developer and their supervisor to keep end users informed of the status of their requests
Responsible for receiving and resolving helpdesk tickets as first level support for the GL module
Providing end user training/guidance in one on one and group settings
Supervising staff participation in and work deliverables for the One Montclair projects
Monitoring and resolving General Ledger workflow issues
Providing staff training to improve efficiency and accuracy in analyzing and reconciling accounts and in the use of Excel and other analytical tools
Reviewing and approving query and report criteria and formats
Staying knowledgeable of current GAAP as issued by GASB and FASB
Escalating unresolved issues to the Assistant Controller or Controller as appropriate
Exemplifying excellent customer service
Performing other duties as assigned
The above statements reflect the general details considered necessary to describe the principal functions of the job as identified, and shall not be considered as a detailed description of all work requirements that may be inherent in the position.
Bachelor’s degree in accounting from an accredited University or college, CPA required
Knowledge of generally accepted accounting principles as issued by GASB and FASB
At least 10 years of experience in preparing account analysis and reconciliations, preferably in public accounting
At least 5 years of experience supervising an accounting department and year-end audits
High precision in work
Experience with PeopleSoft’s General Ledger or similar ERP system
Experienced in data mining and analytics
Excellent communication and writing skills
Advanced Excel skills, including pivot tables and macros
Montclair State University
Building on a distinguished 107-year history, Montclair State University is proud to be a leading institution of higher education in New Jersey. The University’s eight colleges and schools serve over 20,000 undergraduate and graduate students in more than 300 doctoral, master's, and baccalaureate level programs. The University is currently enjoying a period of very sign...ificant growth in enrollment, academic programs, capital assets, and reputation. Situated on a beautiful, 250-acre suburban campus just 14 miles from New York City, Montclair State delivers the instructional and research resources of a large public university in a supportive, sophisticated and diverse academic environment.
Montclair State University is an Equal Opportunity/Affirmative Action institution with a strong commitment to diversity. Additional information can be found on the MSU website at www.montclair.edu