Director of Accounting

SAE Institute • New York, NY, United States • $200k - $250k / year • 1m ago

Reporting to the Vice President of Finance and Corporate Services (VPFCS) SAE North America (SAE NA), the role is responsible for the comprehensive financial functions of SAE NA and its constituent campuses. This includes management and oversight of accounting, management reporting, management of business accounts, and monitoring tax compliance and reporting, among others. The Director will provide expertise in collaboration with the VPFCS on strategic planning and analysis and is responsible for verifying compliance with government regulations and SAE NA policies. The position will directly manage the Accounting staff and serve as an advisor to Campus Directors regarding the financial operations of their respective locations.

Director of Accounting Duties and Accountabilities:

Provide complex financial reports, analysis, and forecasts for all SAE NA locations.
Oversee the management of daily operations in the Finance Department.
In conjunction with Navitas and SAE NA finance professionals, work on special projects and toward greater efficiencies in policies, processes, and procedures across Navitas and SAE NA finance organization.
Develop procedures for implementing administrative and financial policies, procedures, and systems, as well as future planning of the same.
Oversight of Centralized Administrative Functions: payment processing, vendor setup, and payroll.
Manage the month-end and year-end closing processes, ensuring accuracy, completeness, reasonable documentation, and ongoing identification of areas for improvement.
Provide training to Campus Directors, coordinating with the VPFCS.
Coordinate and direct post-audit procedures and interact with Audit Services as needed.
Manage accounting staff: Accounts Payables, Accounts Receivables, and Accounting Analyst.
Responsible for statutory and GAAP reporting of all other financial aspects, including cash management, banking, insurance, AR/AP, fixed assets, general ledger, consolidations of operating locations, payroll, budgeting, forecasting, period-end reporting, and annual audits.
Balance Sheet reconciliations.
Assist the VPFCS in the coordination and evaluation of the financial budgeting process.
Assist in the preparation of year-end financial statement schedules and disclosures.
Manage the timely preparation and filing of all financial regulatory reports.
Monitor liquidity management by providing monthly and quarterly cash flow calculations.
Manage correspondent banking relationships.
Manage wire functions and ACH; maintain wire policy, and act as primary administrator.
Define and communicate accounting staff’s performance standards through coaching and leadership.
Provide superior service to build employee relationships and promote growth.
Establish, promote, and maintain a positive work atmosphere by modeling professional, polite, and respectful behavior.
Oversee and manage all bank accounts, cash management, transfers, and distributions among all companies.
Approve check requisitions, PO requisitions, and select invoices for payment weekly.
Continuously look for ways to simplify and improve work processes to achieve better results and efficiency.
Miscellaneous duties and special projects as assigned.

Director of Accounting Key Relationships:

VPFCS SAE NA
COO SAE NA
SAE NA senior management team
Navitas and SAE finance professionals

Director of Accounting Qualifications:

CPA or MBA and/or an equivalent combination of education and 8 years of experience in a financial management setting with at least 5 years of supervisory experience.
Must also have experience in handling revenues from multiple sources.
Extensive financial and budget management experience in a Higher Education Institution.
Extensive knowledge of GAAP/IFRS.
Extensive knowledge of Higher Education Regulatory requirements.
Experience of reporting in a Matrix structure.
Adhere to appropriate standards of conduct including:
- Confidentiality
- Integrity
- Honesty
- Follow executive directives
- Exhibit ability to adapt to changing work environments
- Cooperate and collaborate with others
High-level user of standard business computer systems and software including Oracle, Hyperion, Microsoft Office, Gsuite, and other business support resources.
Good organizational skills.
Able to work extra hours as needed.

COMPETENCIES:

Ability to communicate clearly and effectively with all levels and a culturally diverse population.
Ability to work with minimum supervision, to begin projects independently (or as assigned), and to bring projects (or assignments) to conclusion on a timely basis.
Ability to interact and work successfully with faculty, students, and staff as related to job responsibilities.
Ability to resolve conflicts in a constructive manner.
Ability to look for ways to simplify and improve work processes to achieve better results and efficiency.
Able to commit and assume responsibility for achieving goals.
Comfortable working in a very fast-paced work environment under pressure.
Enjoys challenge and is comfortable with change.
Ability to work well in a team environment, as well as independently.
Able to lead and mentor others.
Ability to train and develop subordinates.
Able to manage a team to meet regulatory compliance standards.
Ability to undertake domestic and some international travel.

Director of Accounting Additional Information:

This is a full-time remote group employee position based out of the following cities/states: Nashville, TN; Chicago, IL; New York, NY; Miami, FL; Atlanta, GA.

Sitting for long periods. Dexterity and coordination to handle files and single pieces of paper, occasional lifting of items weighing up to twenty-five (25) pounds such as files, stacks of paper, reference and other materials. Moving from place to place within the organization, minimal reaching for items above and below desk level. Strength, dexterity, coordination, and vision to use keyboard and video display terminal for prolonged periods.

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