Director of Accounting

Position Summary & Essential Duties

Qualifications (Required and Preferred)

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the education and experience required.

Bachelor’s degree from an accredited college or university in Accounting. Minimum of seven years of relevant work experience, demonstrating strong knowledge and skills in the field. Experience in higher education (college/university), fund or governmental accounting is required. Familiarity with the Ellucian Colleague or similar ERP software system is preferred. Advance skills in Microsoft Excel and other financial software. Must be detail-oriented, possess strong ethical standards and integrity. Ability to manage multiple tasks, work effectively under pressure, and meet deadlines. Strong interpersonal and communication skills, with the ability to collaborate across departments in a team-based environment.

Job Duties and Responsibilities

• Prepares and reviews financial reports for internal and external use, and ensuring compliance with applicable regulations.
• Oversees general accounting functions like the chart of accounts, general ledger, and budget for the College.
• Responsible for the analysis, preparation and projections of the annual budget process.
• Prepares and reviews institutional financial statements, including the Statement of Net Assets, Statement of Revenues, Expenses, and Changes in Net Assets, and Statement of Cash Flows, ensuring accuracy and compliance with applicable regulations and college policies.
• Coordinates the preparation of audit reports, including supporting documentation and disclosures, and ensure timely submission to external auditors and regulatory agencies.
• Creates and maintains reports via the Ellucian Colleague Report Writer system.
• Oversees the development and implementation of internal controls to safeguard the Colleges assets and ensure the reliability of financial information. This includes procedures for transaction authorization, segregation of duties, and regular reconciliation of accounts.
• Provide budget development support and training to departments, including grant compliance and reporting.
• Identifies opportunities to streamline accounting processes, implement new technologies, and enhance efficiency.
• Performs review, analysis, and preparation of month end and year-end entries.
• Manages implementation and oversight of the records management and retention procedures for the accounting records.
• Coordinates across departments to ensure consistent financial reporting and compliance with federal, state, and college fiscal policies.
• Prepares time-sensitive reports for external agencies requiring complex calculations and data compilation from multiple sources.
• Working with other departments and administrators to ensure alignment of financial activities with institutional goals.
• Oversees the maintenance and reporting of unclaimed property.
• Responsible the bank reconciliation process.
• Manages the physical inventory of capitalized assets, including the capitalization and depreciation process.
• Supervises personnel, including work allocation, training, performance evaluation, and enforcement of internal controls and procedures.
• Assumes additional responsibilities as needed to support the department’s goals and college operations.
• As a Temple College Employee, actively engage in the Temple College mission of creating a culture of caring by providing excellent customer service to all internal and external customers and embracing the core values of Temple College: Excellence, Integrity, Community, and Respect.

Knowledge Skills and Abilities & Physical Demands

Knowledge:

• Knowledge of accounting principles and practices of generally accepted accounting and budgeting procedures and pertinent Federal, State, Community College laws, codes and regulations related to budgeting and accounting.
• Knowledge of operational characteristics, services, and activities of the College.
• Knowledge of a range of automated financial systems and application software.
• Knowledge of software to quantify and illustrate complex financial reports, comparison, impacts, and/or projections
• Knowledge of computerized information systems used in financial and/or accounting applications.
• Knowledge of finance, accounting, budgeting, fixed assets, capital projects, bond and cash management.
• Knowledge of college and/or public auditing policies, standards, and procedures.

• Strong interpersonal and communication skills and the ability to work effectively with a wide range of constituencies in a multi-person environment.
• Database management skills.
• Advance knowledge of public sector financial, accounting, and budgeting principles and procedures.
• Ability to plan, implement, and administer financial information and control systems.
• Must be proficient in the usage of accounting spreadsheets.

• Ability to set up and maintain financial accounts and ledgers.
• Ability to create and maintain complex spreadsheets and financial models.
• Ability to interpret and apply Federal, State, and community college policies, procedures, laws and regulations.
• Ability to examine and verify a wide variety of financial documents and reports.
• Ability to prepare a variety of complex financial statements, reports and analysis.
• Ability to define problems collects data, establish facts, and draw valid conclusions.
• Ability to work under pressure and multi-task.
• Ability to provide technical guidance and leadership to professional personnel in area of expertise.

The following duties and responsibilities, Knowledge, Skills and Abilities (KSA’s), and physical requirements are intended to describe the general nature and level of work being performed. The information listed below is not intended to be construed as a complete listing of all duties and responsibilities, KSA’s, and physical requirements required of this position since changes to the position may occur at any time or additional requirements may be added over the course of time.

• MEDICAL:
  Eligible full-time employees can choose from the following medical programs which begin the first day of the month following the 60th day of employment:
  • HealthSelect of Texas "Blue Cross Blue Shield" (PPO)
  • Consumer Directed HealthSelect "Blue Cross Blue Shield (HSA)

• OPTIONAL BENEFITS:

Optional benefits are employee paid but are offered at very competitive rates.

• ANNUAL LEAVE ACCRUALS:

• Years of Service: 0 through 5
  • Accrual Rate (Maximum Accrual Hours per Month) = 8
  • Accrual Rate (Maximum Accrual Hours per Year) = 96
• Years of Service: 6 through 10
  • Accrual Rate (Maximum Accrual Hours per Month) =10
  • Accrual Rate (Maximum Accrual Hours per Year) =120
• Years of Service: 10 plus years
  • Accrual Rate (Maximum Accrual Hours per Month) =12
  • Accrual Rate (Maximum Accrual Hours per Year) =144

Annual leave may be accrued up to a limit of 240 hours with special provisions allowing for annual accruals above that limit. Faculty with contracts less than 12 months do not accrue Annual Leave but are provided with 20 hours of personal time per fiscal year.

• SICK LEAVE ACCRUALS:

• HOLIDAYS: Recognized college holidays, in addition to Annual and Sick leave accruals, include Labor Day, Thanksgiving Break, Winter Break, Martin Luther King Day, Spring Break, Good Friday, Memorial Day and Independence Day.
• PAYROLL: Employees are paid by direct deposit through the last working day of the month. Actual deposits are paid on the last working business day of the month. All benefit deductions are taken at that time.
• RETIREMENT: Temple College is one of the few community colleges in the state of Texas to be permitted Federal Social Security deductions. Temple College is a Section 218 employer.

• Contribution:
  • Member: Teacher Retirement System (TRS) = 8.0% of annual salary
  • Employer: Teacher Retirement System (TRS) = 7.75% of member's annual salary
• Contribution:
  • Member: Optional Retirement Program (ORP) = 6.65 % of annual salary
  • Employer: Optional Retirement Program (ORP) = 6.6% of annual salary
  • Social Security/Medicare Member: = 7.65%

• MISCELLANEOUS LEAVE: Family and Medical Leave (FMLA), Jury Duty, Bereavement, Deteriorating weather, and Military training.
• WORKERS COMPENSATION: If an employee is injured on the job, Temple College, through its Worker Compensation Program, pays all authorized hospital, nursing, and physician's fees. Additional benefits may be available.
• HOURS OF OPERATION:
  • Regular Schedule:
    • Monday - Thursday: 8:00 a.m. – 6:00 p.m.
    • Friday: 8:00 a.m. – 12:00 p.m.
  • Summer Schedule:
    • Monday - Thursday: 7:30 a.m. - 6:00 p.m.