Director of Accounting Services - Oakland University

Another Source • Rochester, MI

1d • Onsite

About The Position

Oakland University is seeking a Director of Accounting Services to provide strategic leadership for the university's central accounting operations. This highly visible, university-wide role oversees financial reporting, complex regulatory compliance, external audits, enterprise financial systems, and banking operations. The Director serves as a senior financial advisor to university leadership and the campus community, supporting financial transparency, accountability, and institutional confidence.

The Director leads central accounting functions and the preparation of annual audited financial statements, coordinates external audits, and applies Governmental Accounting Standards Board (GASB) guidance. The role also oversees federal Single Audit coordination, NCAA agreed-upon procedures, tax compliance, federal fringe benefit rate negotiations, and monitoring of accounting and regulatory changes.

The position oversees the university's Banner Finance module, financial information security and stewardship, internal controls, banking relationships, cash management, and transaction processes. The Director collaborates with campus departments, provides financial guidance and training, and identifies improvements to financial processes, reporting, systems, and operations.

Requirements

• Bachelor's degree in Accounting or an equivalent combination of education and experience.
• At least six years of professional accounting experience, including two years of supervisory or management experience.
• Strong knowledge of accounting principles, financial reporting, internal controls, and regulatory compliance.
• Proficiency with spreadsheet applications, enterprise-wide financial systems, and financial reporting tools.
• Experience working with advanced technical systems and complex reporting requirements.
• Excellent organizational, analytical, and problem-solving skills, including the ability to manage competing priorities and complex financial activities.
• Strong written and verbal communication skills, including the ability to explain financial information to diverse audiences.
• Ability to collaborate effectively with colleagues and stakeholders across an organization.

Nice To Haves

• Master's degree in Business Administration, Accounting, or a related field.
• Professional accounting certification, such as Certified Public Accountant (CPA) or Certified Management Accountant (CMA).
• Experience in higher education accounting or financial administration.
• Knowledge of GASB accounting standards and their application in a university or public-sector environment.
• Experience managing complex financial audits, including federal compliance audits.
• Experience with Ellucian Banner financial systems.
• Database management, financial systems administration, or advanced reporting experience.
• Experience with tax research, preparation, and compliance.
• Strong technical accounting expertise and demonstrated ability to improve financial processes and systems.

Responsibilities

• Lead and oversee the university's central accounting functions, ensuring accurate, timely, and transparent financial reporting.
• Direct preparation of annual audited financial statements and coordinate with external auditors throughout the audit process.
• Interpret and implement GASB pronouncements and new accounting standards.
• Strengthen accounting processes, financial controls, and reporting practices.
• Advise university leadership on complex accounting matters and financial reporting requirements.
• Coordinate the university's federal Single Audit and ensure compliance with applicable federal requirements.
• Oversee NCAA agreed-upon procedures engagements and other specialized financial compliance activities.
• Manage tax compliance activities, including research, reporting, and preparation requirements.
• Lead annual negotiation of federal fringe benefit rates and monitor evolving accounting standards and regulatory requirements.
• Oversee the Banner Finance module, including financial system management, user security access, and data stewardship.
• Maintain the integrity, reliability, and security of financial information across university systems.
• Evaluate and strengthen internal controls that safeguard university resources and support accurate financial transactions.
• Identify opportunities to improve financial processes, reporting capabilities, and system effectiveness through technology and operational enhancements.
• Manage banking relationships and oversee cash management, ACH transactions, wire transfers, and positive pay.
• Ensure appropriate financial controls and oversight of banking activities and transaction processing.
• Serve on the university's Financial Performance Review Committee, providing financial oversight and guidance to campus business units.
• Develop and deliver financial reporting and compliance training for university departments.
• Translate complex accounting and regulatory requirements into practical guidance for campus partners.
• Build productive relationships across academic and administrative departments to support informed decisions and consistent financial practices.

Benefits

• Comprehensive medical coverage with low employee contribution amounts.
• Dental and vision coverage provided at no cost to employees.
• Generous paid time off programs.
• University contribution to a 403(b) retirement plan.
• Tuition assistance for employees and eligible dependents.
• Complimentary access to campus recreation and fitness facilities.
• Flexible work schedules.
• Employee wellness programs.

What This Job Offers

• Job Type: Full-time
• Career Level: Director